ExpertOption – Info in 2020, review and forum, alternatives

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ExpertOption

Overview

ExpertOption trading platform combines the top developments in trading on financial markets with high quality customer service. Many specialists are involved in the process of development of an ideal platform to gain profit from trading in binary options on all available markets. Having eliminated all inconveniences for a trader we succeeded in creating a comfortable work environment that serves not only to earn profit, but to communicate with like-minded individuals obtaining new knowledge and using the best ideas developed by the Company experts to improve one’s strategy.

Rating chart

Detailed Information

ExpertOption Reviews

Magaret kathleena from United States of America

The crypto Currency Authorities should monitor every Brokers and Account Managers activities, I lost over $230,000 to unregulated Brokers who convinced me into investing my capital. After some successful trade and my profit increased I make a withdrawal request but surprisingly all my withdrawal request was declined , I contacted their customer service unit but i was not given a meaningful Reason why my request was declined. I tried all I could to withdraw my fund but no solution , at the end I lost all my capital without a single profit return .In search for help on how to get my money back I was directed to contact Mr Bernard macus who work with crypto Currency authorities, I contacted him and explained my situation to him , he requested for some details about the broker and concerning my investment, I forwarded all the details to him. It was all like a dream , through him I was able to get back all my money , please don’t sit back and cry when you facing difficulties in withdrawing your profit or you totally lost your funds to any Broker or Account Manager , kindly contact Mr Bernard with his email below I assure you a successful recovery of your funds [email protected]

Lisa Donalds from United States of America

MY BEST TRADING EXPERIENCE EVER I have seen and tried different strategies and methods even lost alot of money while trying. Until i was introduce to this new strategy that got me back on track and i have been able to regain my lost money and still making consistent growth on all of my trade. Mr Lewis is an amazing trader, He steadily lifted me out of financial penury. If you are interested and tired of losing your money You can reach him on Email Joelewis4755 @ gmail .com you can also reach him on whatsapp via +1(623)226-7303..

Selwyn from Republic of South Africa

Hi can u please change my email

Selwyn from Republic of South Africa

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Hi I would like to change my account email

Lance from United States of America

Don’t ever try to trade cause they are bunch of rippers. I have been wasting my time with this unregulated brokers for a long time. They keep asking me to pay for taxes, I wasted my time and efforts with this bunch of scammers. I requested to make withdrawal and my account was frozen for no reason. All my money was gone. I regret every action I took with this scammers all happened because of my ignorance. I was at point of giving up when I was referred to an Ethical Hacker who helped me get back all I lost within 7days. Feel free to consult (ADMIN @ OXOWEALTHRECOVERY . C O M) today and be rest assured your problems is solved. Give a trial today and you will be glad you did.

Yazykov from Equatorial Guinea

Quite a good broker, as for me. No problems in the process — everything works perfectly. I was really happy with it.

Grekov from Equatorial Guinea

Recommend. support is on top.. respond within a couple of seconds! and the pay is not three days and for one :) very strange.

cecelia from United States of America

I have made totally sixteen requests for withdrawals and got none of the sixteen times! I just knew it was a scam, so I came online to search how I can recover my money. luckily I saw a review about how fundsrecovery01 @ gmail. com helped a woman recover her money without requesting upfront and all,so I decided to give it a try and boom. My money was back in less than a week after which I paid him 15% of the money recovered for his service. I can’t be happier than this. My year is just starting I guess.ting I guess.

Golikov from Equatorial Guinea

On work option proved realistically one of the best. At least, I have already worked with different companies in this industry, and this broker is now considered the most reliable to work with.

Gavlovskiy from Qatar

Quite a pleasant company to work with. I received the promised percentage of income, and there were no special problems in the process of working. So far, the broker is fine with me.

Expertoption Review

ExpertOption

Reason to avoid: Offshore License

Listed Date: September 7, 2020

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Beware Expertoption Review is a Non-Regulated broker. It is NOT SAFE to trade.

  • Our Review
  • Expertoption User Reviews
  • Expertoption News

ExpertOption claim to be the leader in the online trading industry through its offering to trade binary options with a trust of more than 8 000 000 clients at their background.

Is ExpertOption a scam or legit broker?

No, it is not safe to trade with a Forex broker ExpertOption as it is Non-regulated. ExpertOption company is authorized and regulated by the VFSC government financial commission and an approval to hold the activity with supervision by the FMRRC organization (Financial Market Relation Regulation Center).

Nevertheless, the abovementioned regulations roughly deliver a strong base to perform a reliable operation for their licensors. The VFSC in a Vanuatu authority, which delivers access to perform services to offshore companies with slight requirements to follow. Therefore, it became an offshore zone for shady forex brokers such as RCM FX, EssenceFX and more. We have a detailed article explaining the risk of trading with brokers from Vanuatu.

In addition, there are negative reviews mostly about payouts one the trading amounts are increased. However, since the company is not registered in the EU it does not provide or target clients from the jurisdiction, therefore didn’t receive any official claims or warnings.

The markets, which are targeted by the broker includes those who mainly work with initially low deposits since the company limits deposit till maximum 3,000$. The potential clients include Russian ones, as the website also uses .ru domain, and the India region clients since the customer services also include Hindi speaking support.

Overall, it is advised to avoid trading with ExpertOption due to its unregulated services and the high-risk operation which targets numerous clients to their rows without a necessary level of protection or performance. Dealing with an offshore broker most often carries a significant chance to fall under the scam operation.

Therefore, it is better to choose among the brokers that are complied with the industry leading authorities and governmental entities that are backed with customer protection and the provision of the legitimate financial services. Hereby you can choose among the Regulated Forex Brokers.

You can also share your trading experience with ExpertOption by commenting on this review.

ExpertOption Review

ExpertOption is a binary option trading platform that offers over 100 different financial assets to trade including currencies, stocks, commodities, and cryptocurrencies. Located in Port Vila, Vanuatu, ExpertOption is regulated by the Vanuatu Financial Services Commission with license number 15014.

This broker has been around since 2020 and has over 13 million accounts opened since that time. With over 100 account managers, ExpertOption is one of the most popular and well known ​binary options platforms available.

But the important question is can ExpertOption be trusted? Are they a reputable company or just another scam broker?

In this Expert Option review, I’ll cover everything you need to know about this broker.

​​Payouts:

Number of Assets:

​Regulation:

​​​​Company Name:

Web, Android, iPhone, Windows, MacOS

​Stocks, Commodities, Cryptocurrencies, & Forex

​Credit Cards, Debit Cards, Cryptocurrency, WebMoney, Neteller, Skrill, QIWI, Fasapay, and More.

Countries Not Accepted:

​United States, Canada, Switzerland, New Zealand, Australia, Israel, European Economic Area, Japan, Sudan, and Puerto Rico

Table of Contents

Trading Platform

​Unlike other brokers that use turnkey ​platforms such as TechFinancials or SpotOption, ExpertOption developed its own custom ​platform to cater to the needs of their clients. Lightning fast execution, accurate price feeds, and weekend trading are all advantages of the ExpertOption platform.

Once inside the platform, the biggest focus will be the main graph in the middle, which shows the prices of your chosen asset in real-time. You can hover your mouse at any point in the graph to see the previous price at any point.

At the top-left corner of the screen, there is a drop-down menu where you can select an asset to view. You can search for an asset by name or browse by category such as Currencies, Crypto, Stocks, or Commodities. Once you select a financial instrument, you can choose between 1-5 minute expiry times.

A very useful feature of ​Expert Option ​is the ability to adjust your chart layouts. For example, you can split the chart layout so you can view two different markets at the same time.

ExpertOption has 8 different indicators that you can use including Moving Averages, RSI, MACDs, Bollinger Bands, Parabolic SAR, Alligator, Fractal, and Awesome Oscillator. Expert Option also has 4 different chart types you can choose from including Area, Line, Bars, and Candles.

Overall, ExpertOption has an excellent trading ​software that is easy enough for beginners while also offering enough features to please even the most experienced traders.

Assets

Expert Option offers a wide range of assets to trade including stocks, forex, commodities, and cryptocurrency.

Currency Pairs – ExpertOption has all the major ones including EUR/USD, AUD/CAD, EUR/GBP, USD/CHF, and USD/JPY. This broker even offers cryptocurrency pairs such as BTC/LTC.

Stocks – ExpertOption ​has plenty of stocks to trade including Apple, Google, Alibaba, Facebook, Tesla, Microsoft, Netflix, and many more.

Cryptocurrency – This broker allows you to trade most major crypto assets such as Bitcoin, Litecoin, Ethereum, Dash, Monero, Zcash, Riipple, and Tether.

Commodities – Currently, the only commodities that you can trade with ExpertOption is Gold and Silver.

​ExpertOption Account Types

​Expert Option offers ​six types of ​​accounts. ​Here’s an overview of each one.

Micro

The micro account offered by ExpertOption has a minimum deposit ​of just $10. However, the maximum trade ​is just $10 and you can only have 10 simultaneous trades at any given time. ​You will get access to educational materials, but ​not ​the daily market reviews ​or financial research.

Basic

The Expert Option basic account has a minimum ​investment of $50​ and a maximum trade limit of $25. ​You are only allowed 10 simultaneous trades at any time and you do get access to the education materials. If you start with a basic membership, you can always upgrade at a later time.

Silver

The ExpertOption silver account requires a $500 ​initial investment. In addition to the educational resources, you’ll also get access to the daily market reviews and financial research. ​You are allowed 15 trades at a time and a maximum trade limit of $250. ​

A gold account has a minimum deposit ​of $2,500. ​Gold comes with everything that Basic and Silver comes with, but with some additional perks. Gold members get priority withdrawal processing. You’ll also enjoy a 2% increase in profit​. The minimum deal amount for a gold member is $​1,000 and you can have up to 30 active trades at any time.

Platinum

​VIP traders are best suited for the Platinum account type at Expert Option. An initial deposit of $5,000 is required. You’ll enjoy everything that the Gold ​level comes with, but you’ll have no limitations in the number of trades you can execute at the same time. In addition, the maximum trade​ increases from $1,000 to $2,000 and your profit per trade increases by 4%.

Exclusive

It is not available for everyone, only those who are invited to have this account type​. Customers having Exclusive account type can enjoy increased profitability ratio of up to 6%, a ​personal account manager, and maximum deal of $5000. ​

​Demo Account

ExpertOption offers their clients a free demo account ​with $10,000 in virtual funds to practice with. This is a great way to sharpen your skills without risking real money. Unlike other binary option brokers, you don’t have to register ​in order to access the ​platform. You don’t have to give them an email address or any personal information.

With the​ ExpertOption demo, you can get a great feel for their trading ​interface to see if it’s what you’re looking for. You can practice executing trades, sharpen your trading strategies, and get a feel for how easy the ExpertOption ​software is to use.

​ExpertOption Apps

The ExpertOption platform is accessible via mobile and desktop ​apps. Their mobile app is available in iOS and Android and can be downloaded at the Google Play Store or Apple Store. The ​desktop app is compatible with Windows or Mac.

Alternatively, you can access the ExpertOption platform on the web without using any app. There is no software download required in order to ​start trading.

ExpertOption Bonus Offers & Promotions

Just recently, ExpertOption has began to offer 100% ​bonuses for first-time depositors. Most brokers offer these types of bonuses as incentives to attract new customers, and Expert Option is no different.

An important thing to note is that accepting a bonus from ExpertOption doesn’t affect your ability to withdraw funds from your account like it does with other brokers. If you choose to accept their bonus offer, you are eligible to withdraw your money at any time.

There are bonuses available for existing clients as well, but it’s less than the 100% ​match that first-time clients get.

​Accepted Countries and Languages​

ExpertOption does ​NOT accept clients from United States, Canada, European Economic Area, Switzerland, New Zealand, Israel, Singapore, Puerto Rico, North Korea, Yemen, Sudan, Bangladesh, Vanuatu, and Australia.

ExpertOption does accept traders from India, Philippines, South Africa, Nigeria, Kenya, Indonesia, Malaysia, Pakistan, Ghana, Zimbabwe, Bulgaria, Sri Lanka, Vietnam, Egypt, United Aram Emirates, Turkey, Brazil, Russia, and more. Most ​regions from Asia, Africa, and South America are accepted.

For your convenience, the Expert Option website and platform are available in 15 different languages including English, Chinese, Hindi, Korean, Thai, Vietnamese, Spanish, Arabic, Turkish, Bahasa (Malaysian), Bahasa (Indonesian), Portuguese, Tagalog, and Polish.

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​Special Features

​Social Trading

Expert Option offers social trading, which is a way to trade ​with your friends or see what other successful traders are ​investing in. You can see which assets people are trading, the market movements they’re predicting, and how much profit they are making.

Technical ​Analysis Tools

ExpertOption has a variety of technical analysis tools for you to use including four different chart types, eight different indicators, as well as trend lines.

Training and Education

​This broker has a variety of online educational resources to help its traders learn the basic of ​digital options. These resources include video tutorials, online webinars, daily market analysis, and more.

​Deposits​

ExpertOption has a minimum deposit of just $10 on their Micro account. This account level is perfect for beginners that are just getting their feet wet in the world of binary option trading. Here are the ​lowest deposit amounts for the other account types:

To make a deposit with ExpertOption, follow these steps:

  1. Go to the finances tab
  2. Click the deposits tab
  3. Choose your ​payment method
  4. Select your currency
  5. Enter the amount you’d like to ​invest
  6. Click submit

ExpertOption offers many different payment methods including all major credit cards (including Visa and Mastercard), cryptocurrency, and most major e-wallets including UnionPay, WebMoney, Skrill, Neteller, Perfect Money, Yandex Money, Fasapay, and QIWI.

​Withdrawals

​To withdraw money, ExpertOption offers the same payment methods that are used for deposits such as credit cards, E-Wallets, cryptocurrency, etc. In order to withdraw funds from your account, it must be done using the same payment method as your ​opened your account with until you have withdrawn your initial ​investment amount. After that, you can choose a different ​payment method for the remainder of your funds if you choose to.

The minimum withdrawal amount for ExpertOption is $10 USD. ​Requests are typically processed in just 2 business days. As with most binary brokers, Expert Option does require you to provide identity verification before ​you can request money. This is a safeguard to prevent fraudulent activity on your account.

​This broker does not charge commissions or fees​ for processing payments. ​

Regulation & Security

Expert Option holds a certification concerning the compliance with all applicable laws in place by FMRC. It is fully regulated by Vanuatu Financial Services Commission – VFSC. Client’s funds are held with investment grade-A banks in segregated accounts. To protect the sensitive information of all stakeholders, the broker has HTTPS web protocols and SSL encryption in place.

Customer Support

​Here is their company contact information:

ExpertOption LTD.
Suite 305
Griffith Corporate Centre
Beachmont
P.O. Box 1510
Kingstown
Saint Vincent and the Grenadines

Is ExpertOption a Scam?

Expert Option is an FMRC authorized broker that holds a license from one of the world’s reputable regulatory body VFSC. It is definitely not a scam broker. ExpertOption allows everyone to start binary options trading by offering low-deposit accounts as well as high-class premium accounts. ​This company provides ​excellent customer support and offers a complete range of trading tools which are deemed necessary for purposeful trading.

The broker is also well known for its user-friendly trading ​software. The platform equips traders to take advantage of advanced analytical tools to make informed decisions. The security of clients’ funds and fast withdrawal procedure makes ExpertOption a prime choice of ​digital options traders.

Robert Wolfe is the founder and chief editor of Impact Investing Collaborative. Robert is an expert trader with over 10 years of experience trading binary options, Forex, and CFDs. He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. When Robert isn’t actively trading or managing Impact Investing Collaborative, he enjoys spending time with his 3 kids, playing golf, and spending time outdoors.

Welcome To Our Site!

My name is Robert Wolfe and I’m an online trader with over 7 years of experience trading financial instruments such as binary options, CFDs, forex, and stocks. I created this website to share my knowledge of the industry so you can avoid the same mistakes I’ve made.

Best Binary Options Brokers 2020:
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  • Binomo
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