Expert Option Review Is Expert Option App Scam Or Not

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Expert Option Review 2020

Founded in 2020, Expert Option was a part of a big wave of new online trading brokers. As such, they faced huge competition and had to invest a lot of effort to become a recognizable brand. Fortunately, the company’s management knew how to approach traders and today later Expert Option is looking better than ever, as they have evolved and expanded their offer quite a bit. To find out what the secret of their success is, we decided to examine their offer with some help from our team of trading experts and the result is this Expert Option Review. It contains everything you need to know about the way this company conducts its business. Read it and get to know this interesting broker.

Expert Option Platform

A trading platform is at the core of every broker’s website, so it somehow seems logical to start our ExpertOption Review with the place where all the action happens. Right from the start, there’s a surprise here because this company uses its own software to power its trading platform and provide all trading services on it. But don’t think for a second that this software is not good enough – quite the contrary, it performs all its tasks quickly and without any mistakes. This alone can tell you a lot about the quality of ExpertOption as a whole, but let’s dig deeper.

These days the company offers a variety of online trading choices, starting with fixed time trades. Their online trading platform is a pleasure to use, and all prices are perfectly accurate, but what is particularly impressive here is the fact that you can earn up to 95% on a single trade. You can also copy deals from other traders, and there is a strong social trading component to this platform (more on that later in the text).

ExpertOption Trading Platform

To top everything off, you can easily see this platform in action without ever needing to register. Just click on the ExpertOption Demo Account button on the broker’s website and you will instantly receive some virtual money and be taken to the demo platform. But our Expert Option Review is just getting started, so don’t go away.

Expert Option App

Apart from the desktop platforms, you can also easily trade on the go with this broker. All you need to do is download your ExpertOption app and you’ll be all set. There is a version for both Android and iOS devices, so you should have no problems getting started.
Once you have your Expert Option app (which is completely free, by the way) on your smartphone, you will be able to do practically everything you can do on the desktop platform. Of course, the design is adjusted to the smaller screen of your device, but apart from that everything is the same. All tools, indicators, assets, charts and everything else you may need is there to ensure fast online trading at any moment.

Naturally, you can also use your demo account, manage your funds, contact the support team and do everything else you’d be able to do if you were trading from your computer on their online trading platform.
The proofs of the quality ExpertOption app brings to the table are undeniable. Not only is this the number one trading app in almost 50 countries, but it has also been downloaded more than one million times. These are some really extremely impressive numbers for an app, not to mention that the comments and reviews are overwhelmingly positive. Now that we’ve sorted that out, we can move on with our Expert Option review to other important topics. As a matter of fact, this next set of features will blow you away. Stay tuned!

What can you trade here?

Like we said, no matter whether you’re using the app or the desktop platform, you will have access to everything this broker offers. So, let’s take a look at what you can trade here and how you can do it.
Over 100 assets are available for trading on the market, from currencies and stocks to commodities. Even ExpertOption cryptocurrencies are a part of the line-up. As a matter of fact, cryptocurrencies are among the most prominent trading instruments here. 12 separate coins can be invested in, from Bitcoin and Ethereum to the likes of Monero, Ethereum Classic and even bitGold, but that’s not all, albeit it is quite an impressive array of virtual currencies.

Trading ExpertOption cryptocurrencies also means you can invest in various pairs like BTC/CNY or BTC/THB, which certainly spices things up a little. Hopefully, we will see more things like these added soon, especially since this broker is constantly updating its offer to keep up with all the market developments we see these days. But no matter what type of instruments you’re interested in, you should be able to find it here. Another good example of how things should be done is in the next paragraph of this Expert Option Review, so do go on and read it – it’s about a quite different form of trading.

Expert Option social trading

If all those trading features we described in the last few paragraphs are still not enough for you, then you’ll be very happy to know that there is another way of doing things. Yes, you can engage in ExpertOption social trading, thanks to a great online social trading platform this website offers. You can add friends and join forces with them, or simply follow successful traders and see what they’re investing in, the choice is up to you. Of course, if you’re really impressed with how a trader is doing, simply copy their trades and, consequently, profits.
This is all very easy to do because ExpertOption social trading allows you to keep track of the lists of the most successful traders, so you can easily find somebody who knows what they’re doing. You can also see which country a trader is from, so lists can be formed for each and every one of them. This brings a competitive note into the mix because you can climb the ranks and eventually become the best trader in your country (and beyond). With over 8 million clients in about 150 countries, there will be a lot of competition, though. But the bottom line is that ExpertOption social trading is everything you’d expect and that it works flawlessly. Our review continues.

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Expert Option payment methods

Obviously, when examining a broker like this, you always have to check the transfer methods and financial requirements. This is where the next surprise is waiting for you because ExpertOption Minimum Deposit is set to only $10. Plenty of transfer methods are available, too: Visa, MasterCard, e-wallets (depending on your location) and cryptocurrencies can all be used for both withdrawing and depositing money. We should also mention that you only have to invest $1 to open a trade here. With ExpertOption, you have maximum flexibility when it comes to selecting an appropriate trading strategy. In addition, we must also mention that we never experienced any problems with our money transfers, but that was to be expected since this company is fully regulated by the FMRRC. You can read more about that and other security features in our ExpertOption Scam Test 2020, although we can assure you that you have nothing to worry about here.

Given that we have a separate article on the deposit process, we will say a thing or two about Expert Option withdrawal. Apart from it being very dependable, we simply have to say that the minimum Expert Option withdrawal requirement is set to just 10 dollars. That is a ridiculously low number which ties in nicely to the minimum deposit limit, so the company is quite willing to accept more casual traders. On top of that, there are no withdrawal fees and your request will always be processed within two days. That’s it for this part of Expert Option Review, let’s move on.

ExpertOption Accounts

The next part of our article will deal with the account packages you are offered by the broker. There are six ExpertOption Account Types in total (Micro, Mini, Silver, Gold, Platinum and Exclusive), all very well equipped. Some provide daily market research, some increase the number trades you can have open and some increase your profit, but all packages give you great value for your money, especially because the deposits needed to open them are not high at all. The article mentioned at the beginning of this paragraph has much more information about the accounts’ features, but the bottom line is that no matter which type you choose, you will be more than ready for fast online trading, fixed market trades, and everything else platform has to offer. So far, this Expert Option Review is turning out to be a very pleasant surprise, but let’s see what else we can find.

ExpertOption Account Types

Expert Option Security

Like we already said, this broker is regulated in Saint Vincent and the Grenadines, which can immediately tell you that you can rely on them to fulfill their end of the deal. However, when you scratch under the surface and realize just how far these people went to make sure nothing happens to you and your funds, you will be very impressed. They use MasterCard SecureCode and are verified by Visa, so the credit cards will work absolutely flawlessly, there’s no doubt about that. On top of that, they also have a DigiCert certificate, meaning they were thoroughly examined and tested by an independent third party and found to be perfectly reliable. This level of security is very hard to find anywhere else in the industry, so we believe these facts had to be mentioned in an Expert Option Review like this one. However, we’re not done yet! There are more pleasant surprises, so read on.

An excellent support team

It’s very nice to know that you can trade with this broker from whichever platform suits you best. Web, Windows, Android, iOS and MacOS applications are all available, so you really shouldn’t have any problems accessing your account and opening a trade or two wherever you are. The website is available in 15 different languages (English, Russian, Hindu, Thai, Chinese, and several others), so most of the world is covered. If you have any problems or questions, you can easily get all the answers via live chat, but there is also a possibility of contacting the broker via Skype if you so desire. Of course, you can always send an e-mail and even the broker’s phone can be found on their website. In any case, the people working here are excellent and will respond to your inquiries quickly and with a very professional but friendly attitude. All in all, it’s pretty obvious that the company takes trading very seriously and will do its best to help its clients, so a serious Expert Option Review simply had to dedicate some room to the quality of the support on this website.

ExpertOption Education

Another excellent example of the truth of that last sentence is the amount of education materials you can get here. Avery detailed education center is here for you to enjoy, with six very interesting units at your disposal – three types of analyses, a glossary, trading strategies and psychology of trading. This latter unit is particularly interesting, as not too many brokers put an emphasis on that in their educational programs. Fortunately, this company is not like most other brokers and will show you absolutely everything you need to know about behaving on the market. There are several lessons to be learned in each of the units, each containing a fairly interesting (but not too long) text which explains the main principles and ideas behind each of the lessons. When you add this to the low financial requirements, great support and the fact that a completely free account is just a click away, you can clearly see that the company is particularly dedicated to bringing new traders into the fold. Simply, if you’re still looking for experience, knowledge and a way to upgrade your skills without any significant financial risk, you really can’t find much better deals than this. But if you’ve been in the business for a while, give these texts a glance, too. It certainly can’t hurt. However, not all traders can trade here, unfortunately. Our Expert Option Review will show you which countries are not eligible next.

Who can trade here?

As is often the case with companies like this, they do not offer services in all countries in the world, be it due to certain regulations or something else entirely. This broker is at the moment turned primarily to Asia, which becomes pretty apparent when you take a look at the languages offered. As far as we could see, Expert Option is pretty popular in Thailand and India, countries like Turkey also have their fair share of traders in them.
On the other hand, Expert Option is not available in US, Canada, EEA, Australia, Japan, Israel, New Zealand, Sudan, Puerto Rico and Switzerland, primarily due to the laws regarding this type of trading. These rules are getting increasingly tighter over there, especially in Europe, so companies like this one are simply avoiding these markets because they don’t want the hassle of setting everything up which can take a lot of time and other valuable resources. If you’re in Asia, however, Expert Option trading will be an experience to remember. Simply, they have years of experience and are always ready to improve their offer and do everything in their power to make sure you enjoy your every trade. With that, we think we can wrap this Expert Option review up. Stay tuned just a tiny bit more for our final impressions.

Expert Option Review – Conclusion

In conclusion, we can only say that this broker has left quite an impression on us. Low financial requirements, accessible demo account and great trading platform of their own design are the company’s main advantages. However, it’s the little things that made the difference between a very good and an excellent impression; details like numerous languages or insurance for all account types show the broker’s total dedication to its clients. Therefore, we can end our Expert Option Review on a very positive note. If you’re looking for an accessible broker with low financial requirements, for a company that keeps up with all the latest financial trends (just think of the cryptocurrencies), just open an account here!

Trusted Expert Option Review 2020

Table of Contents

Review: Regulation: Assets: Yield: Min. Deposit:
(4.5 / 5) VFSC 100+ 80 – 90%+ $50

Reliability is as significant as choosing a trustworthy broker. Nowadays, there are a lot of scams and unreliable brokers circulating the internet. As a trader, we want to put our investments in a trusted brand and as well as the option of the expert. Expert Option claims to be a legit, expert, and transparent online broker. How reliable is Expert Option? Does the brand live up to its name as the option of experts? Let’s find out together in this review.

ExpertOption Official Website

What is Expert Option? – The broker presented

Transparency is the core value of Expert Option and the reason the company was established. It was founded in 2020 and dedicated its services to its clients by giving them a 100% transparent digital trading experience. ExpertOption provides its clients user-friendly platforms and educational materials that are very helpful in their trading journey. The company commits to providing the best customer service, the value of simplicity yet powerful platforms, offering fast trading executions using cutting-edge technologies, and being a reliable broker by going extra mile for their clients’ needs.

Facts about Expert Option:

  • Founded in 2020
  • Transparent trading experience
  • Offers fast trading execution
  • Offers over 100 assets
  • Offers transparent trading experience
  • User-friendly yet powerful platforms
  • Values customers needs and wants
  • Multiplatform

(Risk warning: You capital is at risk)

Is Expert Option regulated? – Regulation and safety for customers

Regulation and authorization are the most significant factors you need to be aware of in choosing a broker to trade with. These factors are proof that the broker or company has passed all the criteria in order to operate legitimately. ExpertOption is regulated by Vanuatu Financial Service Commission or VFSC. The full name of the company is ExpertOption Ltd. It is 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, based in Gibraltar with company number 116061. Also, the activities conducted by this broker is supervised and approved by the Financial Market Relation Regulation Center 8 FMRRC). This is a non-government body for voluntary oversight in Russia. We can say that this broker is authorized, regulated, and a legit operating broker.

Expert Option is regulated by the following:

  • Vanuatu Financial Service Commission (VFSC)

Expert Option is a trusted broker

Financial Security

The security of finances or our investments are the top priority of each and every trader. Expert Option claims to be founded with the vision of providing its clients transparent trading experience. The brand commits to provide accurate quotes to its clients from real-time market data, that are provided by leading analytical agencies.

Also, for the security of its clients, Expert Option is verified by Visa and MasterCard. The website uses SSL encryption, thus, all the data is encrypted with the strongest cryptographic algorithms. In addition, ExpertOption segregates the client’s funds and are held in accounts with investment grade-A banks. The company gives its best to be transparent to its clients. The brand also values the trust of its traders. With this said, reliability is very significant as well as trust. Expert Option provides extra solidity, wherein the company does more than anyone else to satisfy the needs of its clients. We can say that Expert Option is a reliable and trustworthy broker.

Expert Option is a secure and reliable broker

Summary of the regulation and financial security:

  • Transparent
  • Segregates client’s funds in grade-A banks
  • Verified by Visa and MasterCard
  • Website uses SSL encryption
  • Provide accurate quotes
  • Secure
  • Reliable

Review of the trading conditions for traders

Expert Option is a global trading platform with the vision of providing transparent trading experience to its clients. This broker offers more than 100 assets to trade on and as well as trading binary options with a high yield of up to 90%. Like with a Forex Broker you can trade a lot of different currencies. The platform of Expert Option is custom-developed which makes it better compared to other platforms.

This platform has advanced analytical tools and offers lightning-fast execution. Expert Option had won the title of “Best Trading Platform” during the China Trading Expo in Shenzhen in May 2020, proving that their platform is simply reliable and is living up to its potential.

Expert Option trading assets

Expert Option is verified by Visa and MasterCard. The website of this broker uses SSL encryption, thus, all the data is encrypted with the strongest cryptographic algorithms. Also, since the vision of this broker is to provide transparency to its clients, they assure customers that they provide information about funds and that the company segregates the client’s funds and are held in accounts with investment grade-A banks. The brand also values the trust of its traders. ExpertOption provides extra solidity, wherein the company does more than anyone else to satisfy the needs of its clients. The customer support is ready to help always, as it operates 24 hours a day, 7 days a week.

Facts about the conditions for traders:

  • Offers more than 100 assets
  • Offers lightning-fast trading execution
  • Offers transparent trading experience
  • Minimum deposit is $50
  • Multiplatform
  • Custom-developed platform
  • Secure and reliable
  • Regulated
  • 24/ customer support
  • Free demo account with free $10,000 virtual funds

(Risk warning: You capital is at risk)

Test of the Expert Option Trading Platform

Expert Option offers a simple yet powerful trading platform. The company had won the title of “Best Trading Platform” during the China Trading Expo in Shenzhen in May 2020.

Expert Option trading platform screenshot

The platform is user-friendly and provides educational resources, which equips traders to have an advantage of advanced analytical tools to formulate and make informed decisions. ExpertOption had this platform custom-developed that offers lightning-fast execution of trades with an accurate price feed. This platform is available on all devices.

ExpertOption Desktop App

It is available in all kinds of devices, either desktop (both Windows and macOS), Android and iOS. It is fast and easy to download. You can go to the official website of ExpertOption and there is a link there where you can download the app for the desktop.

ExpertOption Mobile Trading

It is free to download. For mobile or tablet, you can get it from GooglePlay or AppStore. The platform enables clients to access a wide range of stocks and over 100 trading assets. It is easy to operate and you can expect real-time live quotes.

Additionally, ExpertOption’ trading platform can also be used via the browser without downloading the app. Also, the platform is available and compatible with all kinds of browsers. Thus, also a plus of the company’s platform that gives its clients a hassle-free trading experience.

Expert Option Trading Platform Features:

  • Available in all kinds of device
  • Custom-developed
  • Advanced analytical tools
  • Offers lightning-fast trading execution
  • Offers Mobile Trading
  • User-friendly
  • Powerful platform
  • Real-time live quotes

Professional Charting and Analysis for traders

Analyzing markets and its volatility is the main thing you need to know in trading. Charting helps you better understand and view how the market is moving, either going up or going down. With the help of charting, you can identify whether you should buy or sell. When volatility is high, the value can potentially spread out over a larger range and price can change rapidly in a short period of time in either direction it moves.

Charting and technical analysis is possible with Expert Option

The popular charting style most traders are using is candlestick charting. Candlestick chart style is used to describe and identify the movements of the price of a financial chart. This includes the derivative, security, and/or currency price movement. Each candlestick usually represents one day, thus it may show 25 candlesticks for 25 days of trading in a month. The candlestick bars are rectangles, with upper and lower lines. The rectangle is the candlestick body and the lines are called candle shadows.

Expert Option Candlestick Analysis

These rectangles include the open price, high price, low price, and close price. The open price is the price at the beginning of the interval. The high price is the maximum price, while the low price is the minimum price during this interval. The close price is basically the price at the end of the interval.

There are two kinds of candlesticks: Bullish Candle and Bearish Candle. Bullish Candlestick is showing the price growth and an opening price, which is lower than the closing price, while Bearish Candlestick is showing the price fall and an opening price, which is higher than a closing price.

Candlestick analysis is mostly used by traders due to its simplicity. When a trader is able to remember and know the basic rules of candlestick charting, then the trader may be able to foresee the future price movement and receive good trades as a result.

You can use candlestick charting with Expert Option

Review of the Mobile Trading (App) by Expert Option

Expert Option also offers its clients the power to trade in the palm of their hand. Mobile trading is known to be the most convenient and on-the-go option for traders. This enables traders to trade whenever they want and wherever they are while connected to the internet. Expert Option has custom-developed its platform to make it better compared to other broker’s platforms. It offers lightning-fast trading execution, gives the clients access to a wide range of stocks and over 100 trading assets. It is user-friendly and traders can expect real-time live quotes. It has advanced analytical tools, a simple, yet powerful platform. Plus, it is free to download. You can get it from GooglePlay (Android) or AppStore (iOS).

Expert Option Mobile Trading Platform

Features of Mobile App:

  • Custom-developed
  • Offers lightning-fast trading execution
  • User-friendly and Powerful platform
  • Real-time live quotes
  • Advanced analytical tools
  • On-the-go trading
  • Customer Support
  • Secure

(Risk warning: You capital is at risk)

How does Expert Option Trading work? – Step by step tutorial

In order to have successful trades, one must know how to trade and know what he/she wants to be traded on. Expert Option mostly focuses on trading binary options. A binary option is a special financial option wherein either you payoff some fixed monetary amount or nothing at all.

First, you need to choose or select an asset you want to trade on. Then, decide how much you are willing or want to invest. Place the time when the trade should end. Afterward, you can identify whether the price will go up and down.

Please be aware that binary options are complex trades with a high level of risk. If you don’t fully understand how binary options work, it can result in the loss of your funds. We highly recommend getting a demo account or a practice account first before going live to avoid unintentional trading executions.

Expert Option Order Mask

Step by step trading tutorial:

  1. Choose or select an asset to trade.
  2. Decide how much you want to invest.
  3. Decide when should be the end of the trade.
  4. Identitfy whether the price will go up or down.
  5. Open the trade
  6. Wait till the result (end of expiry time)

Open your free Demo Account with Expert Option

We highly recommend for you to get a free demo account first before trading in a real account. This is due to the fact that trading requires a high risk. Unintentional trades may result in losing all your funds and/or investments. If you don’t understand how trading works, and how to trade, it is best to practice your trading style and trading strategies in a demo account.

Expert Option offers free demo which includes free $10,000 virtual funds that you can use to practice trading executions and your own strategies. when you go the official wesite of Expert Option (https://expertoption.com/), it will direct you to a demo account. Or if you are on the homepage, just click on ‘Try free demo’ , and it will direct you to the demo account.

ExpertOption Demo Account

Overview about the account types with Expert Option

As a leading broker, Expert Option gives its clients the ability to choose what type of account suits them best. Micro Account and Basic Account are best for those who prefer to start light and both have 10 as the maximum number of simultaneously open deals. The difference between these two is the maximum deal amount – Micro has $10 while Basic has $25. The Silver Account has daily market reviews and financial research as an additional feature. The maximum number of simultaneously open deals is 15 and the maximum deal amount of $250. Gold, Platinum, and Exclusive has all the features but have the advantage of priority withdrawal. Platinum and Exclusive have no limit within terms of a maximum number of simultaneously open deals, while, Gold has 30.

ExpertOption Account Types

ExpertOption offers the following accounts:

  • Micro ($10, maximum deal $10)
  • Basic ($50, maximum deal $25)
  • Silver ($500, maximum deal $250, daily markets news and research)
  • Gold ($2,500, maximum deal $1,000, daily market news and research, priority withdrawal, increased asset profit 2%)
  • Platinum ($5,000, maximum deal $2,000, daily market news and research, priority withdrawal, increased asset profit 4%)
  • Exclusive (invitation only, maximum deal $3,000, daily market news and research, priority withdrawal, increased asset profit 6%)

Registering an account with Expert Option is easy and fast. You can register using also social media account like Facebook, or your Google account. All you need is to give in an email that is active, and create a password. Account deposit depends of which accpunt you choose to open, however, in general, a real account requires a minimum deposit of $50 with ExpertOption.

Open a real account with Expert Option

(Risk warning: You capital is at risk)

Review of the deposit and withdrawal methods

Fast deposit and withdrawal process is being offered by Expert Option. There are various payment methods that you can use with this broker. With these options, it gives the clients a variety of selection and a way of the broker to help its clients to expedite the process. Expert Option works with over 20 payment systems. Customers can use credit or debit card that is supported by Visa, MasterCard, Maestro, UnionPay. Also, it is integrated with electronic payment methods like Neteller, Skrill, Perfect Money, FasaPay and others. Also, Expert Option owns eo.finance, which you can use as a platform for payments and funding transactions.

Payment methods that can be used:

  • Wire Transfer
  • eo.finance
  • WebMoney
  • PayPal
  • QIWI
  • Yandex Money
  • Neteller
  • Skrill
  • UnionPay
  • PM
  • fasapay
  • epayments
  • MasterCard/Visa
  • Maestro

Expert Option accepts the following payment methods

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 of over 20 currencies and debit/credit card payments. This is a Cryptocurrency wallet which enables you to purchase Cryptos with fiat, with that said, you can purchase the assets themselves and then able to transfer them out to your wallet holdings, or even trading on other platforms. This platform enables clients to easily add funds using bank cards and wire transfers. ExpertOption works with all crypto wallets and exchanges, so clients can use eo.finance for storing and holding their funds.

eo.fonance is a secure payment platform that is licensed by Estonian Financial Intelligence Unit FRK000161 and FVR000193. This payment platform has 24/7 customer support and is continuously developing more products to better serve its clients.

You can contact their support through live/online chat, email ([email protected]), and phone (+44 208 0893 657).

eo.finance customer support and assistance

Expert Option support and service

Expert Option has an excellent customer support. The agents or representatives are friendly, approachable, and professionals. The company commits to provide the best customer service and being a reliable broker by going extra mile for their clients’ needs. You can contact the support through phone, emial, and live chat. Below are the contact details:

ExpertOption contact details

The firm also offers educational materials that can help any trader with their journey. On the website, you will find these helpful materials, which include Glossary, articles, and explanations about technical analysis, graphical analysis, fundamental analysis, the psychology of trading, and trading strategies.

ExpertOption offers free educational materials

The online chat operates 24 hours a day, 7 days a week. It is possible also to send an email by filling up the query form on the website. Just fill it up with necessary information, like your name, email address, phone number, and your message. A professional agent or customer support will get back to you afterward.

You can submit a query form or chat online with the agents of ExpertOption

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. All of these 15 languages are also available for the web version of the ExpertOption platform. However, for phone support, only 2 languages are available and these are English and Hindi.

Fees and cost

Expert Option doesn’t charge commissions on transactions, however, the payment system you might use may charge a commission. There are no hidden fees and the minimum deposit is $50.

Accepted countries and forbidden countries

Expert Option doesn’t provide 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. This is due to regulations and legal reasons. Expert Options focuses on digital options that have a binary outcome, and these countries have boundaries with regard to trading binary options.

Is Expert Option legit or a scam? – Conclusion of the review

Expert Option is a regulated and legit broker. The broker offers over 100 assets to trade on and has a custom-developed platform. The platform is available to use in any device and ables you to trade whenever and where you can with its mobile trading app. The company values transparency to its customers as well as the trust of its clients. There are no hidden fees and the minimum deposit to trade in a real account is $50. This broker offers lightning-fast trading execution and is always ready to help and assist you with your trading journey. We can say that this broker is a trustworthy and reliable broker.

Advantages:

  • User-friendly yet powerful platforms
  • Custom-developed platform
  • Platform can be used in any device
  • 24/7 Customer Support
  • Offers lightning-fast trading execution
  • Offers free educational materials
  • Offers transparent trading experience
  • Offers over 100 assets
  • More than 90% yield is available
  • Secure and Regulated
  • Minimum deposit is $50 and you can use a free demo account

From our experience Expert Option is a trusted and transparent platform that allows the trade to invest with a possible yield of 90% in a short time period. (4.5 / 5)

ExpertOption Review 2020 – Is this broker Scam or Legit? See Expert Reviews!

This is our ExpertOption review based on our trading experience with this broker. Expert Option has gained a wide reputation in binary options since inception. However i did a background check to know if all was fine before going ahead, i opened a demo account first to try out the platform before doling out my money to start trading. Now very important, before trying out a broker you have to check whether they are regulated, this would enable you to know where to channel your reports and get a redress in case things go awry, this is very pertinent because there are many scam brokers hovering around to snatch off your hard earned money. ExpertOption was established in 2020, there address is at Saint Vincent and the Grenadines, 1510, Kingstown, Suite 305, Griffith Corporate Centre while being represented in the UK by Vested LP at United Kingdom, Scotland, EH3 6SW, Edinburgh, 5 St. Vincent Street, Office Suite 2. Registration number: SL21576.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

ExpertOption License and Regulation:

ExpertOption is regulated by the FMRRC(Financial Market Relations Regulation Center) with a licence code Certificate 0395 AA Vv0084 . In the FMRRC website are also listed the rules of filing a claim.

Platform

What i like about Expert Option platform is the user-friendability. The platform is easy to use and is loaded with good analytics to make trading easy. You could carry out multiple trades on the platform and they offer a huge list of assets to trade on ranging from currency pairs,commodities,stock and indices.The minimum deal you can trade is $1, also making it one of the best in the industry. They also offer good trading signals with terms like Strong Buy, Buy, Neutral, Strong Sell, Sell this to help you trade profitably, but from my experience don’t always trust the signals, however they could be right in most times so also do your own analysis to get the best results.They offer a free demo account with a virtual amount of $1000 to try with. their mobile trading platform is also available in IOS, Android,Windows

ExpertOptions Payment and Withdrawal method

There is a good list of payment and withdrawal method accepted by this broker, they are :Visa,Mastercard,Webmoney,Skrill,Neteller,Unionpay,Yandex money,Maestro,Qiwi wallet. The listed are the ExpertOption withdrawal methods as well as deposit methods, The minimum deposit with this broker is $10 which makes it one of the lowest in the industry and offers you availability to manage risk. Withdrawal requests are processed in 2 working days but it could be expedited based on your account type.

Account types

ExpertOption offers four(4) types of membership based on your minimum deposit, they are: (1) Mini: It could be open with $50, this type of account comes with a personal manager and bonuses of up to 50%, there is also weekly delivery of economic newsletter. this might be good for newbies in trading. If you want to get more bonuses and packages you can step up to the other plans (2) Silver: This comes with additional benefits like getting weekly economic analytics and bonuses of up to 80%, it could be opened with a minimum of $250 (3) Gold : Additional benefits are increased asset profitability, bonuses up to 100%, daily economic analytics and priority money withdrawal (4) VIP : In addition to what is obtainable in the Gold you also get up to 125% and individual trading analysis. The part i love most is that all account types have deal insurance , you can hardly find this in the industry, so this is an advantage for ExpertOptions traders.

Customer service:

They offer a strong customer support, you could reach them through live chats, phone calls or send an email to them. They respond immediately and are always ready to offer help.

Feel free to drop your trading experience with this broker in our comment box. I hope you find this Expert Option review helpful.

Best Binary Options Brokers 2020:
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  • Binomo
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