Expert Option Broker Review (2023) ++ Scam or not? | Real test
Expert Option
Credibility is just as important as with choosing a reliable broker Nowadays, there are many scams and unreliable brokers on the internet. as a trader We want to invest in trusted brands and Expert Option. Expert Option claims to be legit, expert and transparent online broker . . How reliable is Expert Option ? Is it a scam or not? Does the brand live up to its name as the expert's choice? Let's find out in this review.
(Risk Warning: Your capital may be at risk)
What is Expert Option? – Offered by the broker
Transparency is Expert Option's core value and why the company was founded. Founded in 2014 and dedicated to its clients by providing a 100% transparent digital trading experience, Expert Option provides its clients with an easy-to-use platform and educational materials that are extremely helpful in their trading journey. The company is committed to providing the best customer service. The value of a simple yet powerful platform. It offers fast trading execution using cutting-edge technology. And become a reliable broker by going above and beyond to meet the needs of our clients.
Watch our video review for first impressions:
Facts about Expert Option:
- Established in 2014
- Transparent Trading Experience
- Offers fast trading execution
- Offers more than 100 assets
- Provide a transparent trading experience
- User friendly yet powerful platform
- Value customer needs and requirements.
- multi platform
⭐ Rating: | 4.5/5 |
🏛 Established: | 2014 |
💻 Trading Platform: | web trading platform |
💰 Minimum deposit: | $10 |
💱 Account Currency: | dollars |
💸 Withdrawal limits: | Minimum withdrawal $10 |
📉 Minimum Trade Amount: | $1 |
⌨️ Demo Account: | yes |
🕌 Islamic Account: | no |
🎁 Bonus: | yes |
📊 Assets: | Forex, Cryptocurrencies, Stocks, Forex |
💳 Payment methods: | More than 20 payment methods |
🧮 Fees: | no |
📞 Support: | 24/7 support via chat |
🌎 Languages: | 16 languages |
(Risk Warning: Your capital may be at risk)
Is Expert Option Regulated – Regulation and Safety for Clients
Regulation and licensing are the most important factors you need to consider when choosing a broker to trade. These factors prove that the broker or company has met all the criteria to operate legally. Expert Option is regulated by the Financial Commission. The company's full name is ExpertOption Ltd., located in Saint Vincent and the Grenadines at 1510 Kingstown, Suite 305, the Griffith Corporate Centre, with registration number 22863, and payments are processed by Vestede Limited, located in Gibraltar. with company number 116061. Customers also benefit from insurance policies of compensation funds. which offers protection up to 20,000 euros per account
Expert Option is regulated by the following:
financial stability
The financial stability or our investment is a top priority for each trader. Expert Option claims to be founded with the vision of providing a transparent trading experience to its clients. The brand strives to provide accurate prices to its customers based on real-time market data provided by leading analytics agencies.
In addition, for the safety of our clients, Expert Option is verified by Visa and MasterCard. The website uses SSL encryption, so all data is encrypted with the strongest encryption algorithms. In an account with a class A investment bank, the company does its best to be transparent with its clients. Brands also value merchant trust. From the foregoing Credibility is very important. Like trust, ExpertOption provides extra strength. The company does more than anyone to meet the needs of customers. We can say that Expert Option is a reliable and reliable broker.
Summary of regulation and financial stability:
- transparent
- Segregated client funds in Grade A banks
- Verification by Visa and MasterCard
- The website uses SSL encryption.
- give the right speech
- safe
- reliable
(Risk Warning: Your capital may be at risk)
What are the pros and cons of ExpertOption?
ExpertOption is a trusted and regulated broker accepting clients from 48 countries worldwide. Additionally, they have a large number of satisfied clients and are rated “excellent” on Trustpilot with more than 1,200 reviews. That rating is not the only factor you should consider. Still, it can be a good first indication for you. We also tested ExpertOption for several days. And we can give you some pros and cons below to help you decide.
Advantages of ExpertOption | Disadvantages of ExpertOption |
✔ Works on all devices | ✘ There is no trading platform integration for MetaTrader 4 or MetaTrader 5. |
✔ Sum insured up to 20,000 euros through the Workmen's Compensation Fund | ✘ Suitable for short-term binary options trading only. |
✔ High safety standards | |
✔ Return up to 95% on some assets | |
✔ 24/7 support team available | |
✔ Self-developed platform | |
✔ Fast execution of orders |
Review of trading conditions for traders
Expert Option is a global trading platform with a vision of providing a transparent trading experience to its clients. This broker offers more than 100 assets to trade and just like binary options trading. High return of 90% just like a Forex Broker You can trade a wide range of currencies. The Expert Option platform was developed in-house. which makes it better compared to other platforms
The platform offers advanced analytical tools and lightning-fast execution. Expert Option was awarded the "Best Trading Platform" award at the China Trading Expo in Shenzhen in May 2017, proving that the platform has Credibility and perform according to potential
Expert Option is verified by Visa and MasterCard. This broker's website uses SSL encryption, so all data is encrypted with the strongest encryption algorithms. to customers They therefore assure clients that they provide information about funds and segregated firms and keep their funds in an account with a grade A investment bank.
The brand also values the trust of traders, ExpertOption gives it extra strength. The company does more than anyone to meet the needs of customers. Customer support is always available to help. Because they work 24 hours a day, 7 days a week. which is quite special This is because most other brokers have a 24/7 support team.
Facts about the conditions for traders:
- Offers more than 100 assets
- Offers fast trading execution
- Provide a transparent trading experience
- The minimum deposit is $10.
- multi platform
- Self-developed platform
- safe and reliable
- control
- 24/7 customer support
- Free demo account with free $10000 virtual money.
Is ExpertOption an easy-to-use platform?
criterion | score |
General website design and setup | ★★★★★ Website setup is clean and simple. And we love the informative and educational section too. |
application process | ★★★★★ Personal details are not required for the demo account. Applying for a real account is easy. |
use of trading area | ★★★★★ The trading area on Webtrader is self-explanatory and very simple. |
mobile app usage | ★★★★★ The platform and apps are perfectly optimized for all devices. |
(Risk Warning: Your capital may be at risk)
Testing the Expert Option Trading Platform
Expert Option offers a simple yet powerful trading platform. The company was awarded “Best Trading Platform” at the China Trading Expo in Shenzhen in May 2017.
See platform screenshots below:
The platform is user friendly and has educational resources. It gives traders the advantage of advanced analytical tools to formulate and make informed decisions. ExpertOption has developed this platform in-house which offers fast trade execution with accurate price entry. This platform is available on all devices.
(Risk Warning: Your capital may be at risk)
Can be used on all devices Whether desktop (both Windows and macOS), Android or iOS, downloading is quick and easy. You can go to the official website of Expert Option and there is a link where you can download the desktop app.
free download for mobile or tablet You can download it from Google Play or AppStore. This platform gives clients access to a wide variety of stocks and more than 100 trading assets. It is easy to use. And you can expect real-time bidding.
In addition, the Expert Option trading platform is available via browser without downloading an app. Moreover, the platform is available and compatible with all browsers. Therefore, the advantage of the company's platform is that it provides its clients with a hassle-free trading experience.
Expert Option trading platform features:
- Available on all devices
- own development
- advanced analytical tools
- Offers fast trading execution
- Mobile trading offers
- easy to use
- powerful platform
- real time live quotes
(Risk Warning: Your capital may be at risk)
Professional chart review and analysis for traders.
Market analysis and volatility are important things you need to know in trading. Charts allow you to better understand and see how the market is moving. whether up or down with the help of charts You can specify whether you should buy or sell. when volatility is high The value may be spread over a wider range. And the price can change dramatically in a short period of time in whatever direction it moves.
The most popular chart pattern used by most traders is Candlestick chart . Candlestick chart patterns are used to describe and indicate the price action of financial charts. This includes derivatives, security and/or currency price movements. Each candlestick usually represents one day. Therefore, it may display 25 candlesticks for 25 trading days in a month. The candlestick is a rectangle with upper and lower lines. The rectangle is the body of the candlestick. and the line is called shadow candle
These squares include open price, high price, low price and closing price. Open price is the price at the beginning of the period. The high price is the highest price. while the low price is the lowest price during this period. The closing price is generally the price at the end of the period.
There are two types of candlesticks: Bullish Candles and Bearish Candles. Bullish Candlesticks show price growth and opening prices which are lower than closing prices, while Bearish Candlesticks show price declines and opening prices which are higher than closing prices.
Most traders use candlestick analysis because of its simplicity. Once a trader can memorize and know the basic rules of candlestick charts. Traders may predict future price movements and earn good trades.
(Risk Warning: Your capital may be at risk)
Mobile trading (app) review by Expert Option
Expert Option also empowers its clients to trade in their hands. Mobile trading is the most convenient and on-the-go option for traders. This allows traders to trade whenever they want and wherever they are connected to the internet. Expert Option has developed its own platform to make it better compared to other brokers' platforms. It offers fast trading execution and offers clients access to a wide range of stocks and 100+ trading assets. It is user friendly. And traders can expect real-time quotes. It has advanced analytical tools and a simple yet powerful platform. It can also be downloaded for free. You can download it from Google Play (Android) or AppStore (iOS).
Features of the mobile app:
- own development
- Offers fast trading execution
- Easy to use and powerful platform
- real time live quotes
- advanced analytical tools
- trading on the go
- customer support
- safe
(Risk Warning: Your capital may be at risk)
How does trading with ExpertOption work? - Step-by-step tutorial
in order to be successful in trading One has to know how to trade and know what he/she wants to trade. Expert Option mainly focuses on binary options trading. Binary options are special financial options where you pay a fixed amount or nothing.
First you need to select or select the asset you want to trade. Then decide how much you want or want to invest. Set the time when the trade should end. After that, you can specify whether the price will go up or down.
Please note that binary options are complex and high-risk trades. If you do not fully understand how binary options work. may cause the loss of your money We highly recommend getting a demo or demo account before going live. to avoid accidental trading operations
Step-by-step trading tutorial:
- Select or select an asset to trade.
- Decide how much you want to invest.
- Decide when the trade should end.
- Specify whether the price will go up or down.
- open trade
- Wait for the result (timeout expired)
Open a free demo account with Expert Option
We strongly recommend that you use the free demo account before trading on the real account. This is due to the fact that trading involves a high degree of risk. Unintentional trades may result in the loss of all your funds and/or investments. If you don't understand how to trade and how to trade. The best way is to practice your trading style and trading strategy on a demo account.
Expert Option offers a free demo. This includes $10,000 of free virtual money that you can use to practice your own trading operations and strategies. When you go to the Expert Option official website, it will redirect you to the demo account. or if you are on the home page just click on 'Try the free demo' and it will take you to a demo account.
(Risk Warning: Your capital may be at risk)
Overview of account types with Expert Option
As a leading broker, Expert Option allows clients to choose the account type that best suits them. Micro and basic accounts are best suited for those who want to start lightly. And both have a maximum of ten simultaneous deals. The difference between the two is the maximum trade amount – Micro has $10 while Basic has $25. Silver account has daily market reviews and financial research as additional features. The maximum number of deals open simultaneously is 15 and the maximum number of deals is $250. Gold, Platinum and Exclusive all qualify. But there is an advantage in priority withdrawal. Platinum and Exclusive have no limits in terms of the maximum number of simultaneously open deals. While gold has 30 items.
ExpertOption offers the following accounts:
in the chart below. You'll find an overview of the benefits and terms of each account type.
micro | basic | money | gold | platinum | special | |
minimum deposit | $10 | $50 | $500 | $2,500 | $5,000 | invite only |
access to learning materials | yes | yes | yes | yes | yes | yes |
Priority Withdrawal | no | no | no | yes | yes | yes |
Maximum number of deals | $10 | $25 | $250 | $1,000 | $2,000 | $3,000 |
Registering an account with Expert Option is quick and easy. You can register using your social media accounts like Facebook or your Google account. All you need to do is provide an active email and create a password. The account deposit depends on the account you choose to open, however, real accounts generally require a minimum deposit of $10 with ExpertOption.
(Risk Warning: Your capital may be at risk)
Review of deposit and withdrawal methods
Expert Option offers a fast deposit and withdrawal process , multiple payment methods. that you can use with this broker with these options It gives clients a wide range of options and is a way for the broker to help clients speed up the process. Expert Option works with more than 20 payment systems.
Clients can use credit or debit cards supported by Visa, MasterCard, Maestro and UnionPay. It is also integrated with electronic payment methods such as Neteller, Skrill, Perfect Money, FasaPay and others. Expert Option also owns eo. .finance, which you can use as a platform for payments and fundraising transactions.
Selection of available payment methods:
- bank transfer
- eo.finance
- WebMoney
- PayPal
- QIWI
- Yandex Money
- Neteller
- Skrill
- UnionPay
- PM
- fazapay
- advance payment
- Mastercard/Visa
- Maestro
Does ExpertOption come with negative balance protection?
Yes, due to the nature of binary trading and no leverage. You can never lose more money than the amount you invested. And your account balance must not be negative.
(Risk Warning: Your capital may be at risk)
Eo.Finance – New Invention by Expert Option
eo.finance wallet is Expert Option's own payment platform. It is a licensed crypto wallet with support for more than 20 currencies and debit/credit card payments. This is a cryptocurrency wallet that allows you to buy crypto with fiat money. You can buy assets yourself. It is then transferred out to your wallet or even traded on another platform. The platform allows clients to easily add funds using bank cards and wire transfers. ExpertOption works with all digital wallets and exchanges. Therefore, clients can use eo.finance to store and hold their funds.
eo.fonance is a secure payment platform authorized by the Estonian Financial Intelligence Service FRK000161 and FVR000193. This payment platform offers 24/7 customer support. And are constantly developing more products to better serve our customers.
You can contact support via live/online chat, email (help@eo.finance) and phone (+44 208 0893 657).
(Risk Warning: Your capital may be at risk)
Expert Option Review Support and Service
Expert Option has excellent customer support. Agents or representatives are friendly, approachable and professional. The company strives to provide the best service to its clients and is a trusted broker going the extra mile to meet the needs of its clients. You can contact support via phone, email, and live chat. Below are the contact details:
The company also has educational materials that can help every trader on their journey. On the website you will find these useful materials. This includes glossaries, articles and commentary on technical analysis. graphical analysis fundamental analysis psychology of trading and trading strategies
The online chat works 24 hours a day, seven days a week. Emails can also be sent by filling out a questionnaire form on the website. Just fill out the required information such as name, email address, phone number. and your message A professional representative or customer support will get back to you at a later time.
Expert Option customer support and services are available in English, Chinese (2 variations), Thai, Hindi, Korean, Portuguese, Vietnamese, Arabic, Turkish, Indonesian, Malaysian, Spanish, Polish and Filipino. These 15 languages are available for the web version of the ExpertOption platform. phone support There are only two languages: English and Hindi.
Fees and expenses
Expert Option does not charge commissions on transactions, however, the payment system you use may charge a commission. No hidden fees And the minimum deposit is $50.
How does ExpertOption make money from you?
Compared to other forex brokers, you don't have to worry about fees, spreads or commissions. Binary Picks takes a fraction of this as revenue and commission.
For example, if ExpertOption has 200 active traders, 100 of whom bet $100, the USD/EUR trading pair will increase within the next minute. while the other half bets on the same total. If you calculate with a payout ratio of 80%, each trader from the winning team will receive a payout of $180 while the rest will lose their invested capital. The total return of $18,000 means that the remaining $2,000 goes to the broker's profit.
Accepted Countries and Forbidden Countries
Expert Option does not offer its services to citizens and residents of USA, Canada, European Economic Area. Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Singapore, Bangladesh, Vanuatu, Yemen and Sudan. Due to regulatory and legal reasons, Expert Option focuses on digital options with binary outcomes. And these countries have some scope regarding binary options trading.
(Risk Warning: Your capital may be at risk)
Review Conclusion: Is Expert Option Legit or Scam – We Think It's a Trusted Platform
Expert Option is a regulated and legit broker. The broker offers more than 100 assets to trade and has its own developed platform. The platform is available on any device and allows you to trade anywhere and anytime with mobile trading apps. The Company values transparency with customers as well as trust from customers. No hidden fees And the minimum deposit to trade on a real account is $50. This broker offers fast trading execution and is always ready to help and assist you in your trading journey. We can say that this broker is a reliable and reliable broker.
Advantages :
- User friendly yet powerful platform
- Self-developed platform
- This platform can be used on any device.
- 24/7 customer support
- Offers fast trading execution
- Offer free learning materials
- Provide a transparent trading experience
- Offers more than 100 assets
- More than 90% return
- Safe and regulated
- The minimum deposit is $10 and you can use the demo account for free.
Expert Option Review
summarize
Expert Option is a safe and user friendly platform that offers 24/7 customer support and favorable trading conditions. So we can recommend this broker.
Based on our experience, Expert Option is a reliable and transparent platform that allows trading investments with a potential return of 90% in a short time 
(4.5/5).
(Risk Warning: Your capital may be at risk)
FAQ – Frequently asked questions about Expert Option:
Is Expert Option a good trading platform?
Yes, Expert Option has served the needs of hundreds of traders for years. It is an excellent trading platform that most traders trust. In addition, Expert Option is regulated. This makes trading safer for traders. The features that this trading platform offers traders are numerous, so many traders want to register with this trading platform.
How can traders trade on Expert Option?
Traders can trade on Expert Option by signing up for a trading account. Traders can visit the Expert Option website or download the mobile application. Traders can then click on the 'Sign up' option and enter the details required by Expert Option. Finally, they can submit their information and fund their trading account. him with the minimum deposit amount to trade on this platform.
Does Expert Option have a demo account?
Yes, Expert Option offers a demo account to traders. You can apply for an Expert Option demo account by selecting the option. The 'Create Demo Account' demo account offers similar features to a real trading account. This will help you to test the platform. Also, you can get up to 10,000 USD virtual money. However, you cannot withdraw this 10,000 USD. Expert Option only allows you to do this to learn trading.
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