ExpertOption

expertoption_loge

ExpertOption is a new digital options broker that is quickly gaining fame and claims to be one of the best options in the market at the moment. It is regulated by the Russian FMRRC. Its license number is TSRF RU 0395 AA Vv0084.

We conducted a detailed investigation and were very pleased with the results. It seems to be a good choice even for the newbies, and especially those who have little savings to invest in digital options trading. Read on for more details.

The ExpertOption broker offers a variety of lucrative features to its clients. However, these features vary depending on the type of trading account that a client chooses to open.

This broker provides four types of trading accounts from which their clients can choose from. Every account has its own features and it is advisable that every prospective trader to go through all the features before choosing the type of account to open.

  1. Mini Account – For a client wishing to open this type of an account, he or she will require a minimum deposit of just $50. This is among the lowest among the digital options brokerage firms. Also, the client is assigned a personal account manager to help manage the account. The client is also entitled to one personal trading session and a weekly economic newsletter. There is also a 50% bonus.
  2. Silver Account – For a trader to open an ExpertOption silver account he or she will need a minimum deposit of $250. The trader will be entitled to a personal manager and two personal training sessions as well as a weekly economic analysis. In addition, the trader will get a 80% bonus.
  3. Gold Account – This account will require a higher minimum deposit since the minimum deposit required is $1000. For a trader to invest such a huge amount in digital options trading, the trader has to be well versed with trading. Similar to other account types, the trader will also have a personal account manager. In addition, the trader is entitled to 4 personal training sessions, a daily economic analysis and a 100% bonus. Other features of this account are the that the trader is given priority when it comes to money withdrawals.
  4. VIP Account – This is the highest account that a trader can open with ExpertOption broker. It is reserved for the professionals and it requires a minimum deposit of $2500.

The trader is entitled to a VIP personal account manager, daily economic analysis and an individual educational plan.

The bonus is increased to 125% and the trader is given priority when it comes to withdrawing money. Also, the trader is able to access the analysis of his or her trade history.

Demo Account ButtonThe ExpertOption broker also provides traders with a demo account that doesn’t need any extra downloads. In the demo account, traders are provided with $1000 virtual money so that they can test the broker’s digital options platform before starting to trade.

The ExpertOption also has very well laid out bonus terms found in the Terms section. The main thing with the bonuses is that they require a x50 turnover before withdrawing. Also, the trader has the chance to cancel a bonus but only before placing any trade after taking the bonus.

The Minimum investment with this broker is $1 which is the lowest and it helps traders to test the market environment before investing larger sums of money.

Mobile Trading PLatformsWhat Features are Offered by ExpertOption?

  1. ExpertOption trading platform – The platform has been solely developed and is used exclusively by ExpertOption broker. In the trading industry, the vast majority of brokers use software designed and built by other service providers but not ExpertOption. Their proprietary software is very easy to use, with a straightforward layout and interface making it appropriate for both new and seasoned traders alike. The software also includes features which enable traders to take on and perform a few technical tasks which help in improving their profits per trade while at the same time swiftly executing transactions.
  2. Educational material – The broker’s website is loaded with lots of educational and informative material which is part of its ’Education’ section. The material is enough to help a newbie trader get up and trading in a short time. Whether they are interested in trading digital options, indices or currencies the material offers some advice and strategy for each type of trade. In addition, a glossary of various technical and commonly used trading terms along with analytical information rounds off its well stocked ’educational’ section.
  3. Mobile trading platform – The mobile trading platform offered by ExpertOption is an efficient trading tool which helps traders execute trades within seconds. The platform is available as an app which can be downloaded from Google Playstore for Android devices, and iOS users can download the app from AppStore. The app is an especially good option for traders who move around a lot but need to execute trades regardless of where ever they may be.
  4. Assets – The broker offers a number of different trading assets which include Forex trading pairs, Gold & Oil, Commodities, and Indices. Market Indices happen to be some of the most popular assets traded by many using the platform especially since it includes firms on the S&P500.
  5. Endless supply of trading signals – The platform is designed so that traders receive a steady and almost endless supply of trading signals. The alerts and signals can help traders execute relatively profitable trades. The signals will alert traders as to when a ’Strong Buy’ is a good idea when staying ’Neutral’ makes more sense, how much to ’Strong Sell’ and ’Sell.’ The signals are very important for people who trade digital options as it helps them make the right decision.

ExpertOption Promises vs. Reality

Mobile Support IOS AndroidExpertOption like many other brokers in this industry uses a number of marketing strategies to attract traders to its digital options and trading platform as a whole. The sales language is designed to lure traders both seasoned and newbie alike. However, when you set the marketing language aside and look at the website entirely objectively, it does not come across as genuine.

Finding verifiable and objective information about the website is difficult which makes it hard to choose it as a reliable trading platform. The lack of information will naturally make it difficult for any trader to trust the broker.

The broker’s website also has a demo account which is meant for traders to learn how to trade digital options using the platform. However, in reality moving between the demo and main account is a hassle since it directs traders to the trading area each time.

Also, the demo account shows exaggerated profit figures which if anything it is an indication that the website is unreliable since its promising a higher than usual return deemed impossible when live trading. So, we think that the demo account is another trick to entice traders into putting money and trading with the service instead of being honest.

Platform Screenshot Bonuses and various promotions mentioned on the website are clearly outlined detailing how they will be rolled out. However, the promises of fast withdrawals are nothing more than mere gimmicks which you can further understand by referring to the website’s terms and conditions pertaining to bonus withdrawals.

If anything it’s not easy for traders to retrieve their withdrawals once the initial deposit is made. The bonuses have been cleverly connected to the withdrawal process which makes withdrawing the money a tedious and apparently discouraging process.

Shortcomings of ExpertOption

ExpertOption is a relatively new broker which is a problem for many traders especially because it does not have an established reputation which is why traders are not very confident using it. That said some of its biggest shortcomings are the following which we think should be improved:

  1. Deposits and Withdrawals – One of the greatest concerns with ExpertOption is their transparency when it comes to withdrawing and depositing money. The guidelines are not clear as to how these transactions take place. Many traders will find this turning them off because it does not give them enough room to maneuver and make good trading decisions. It has also led to several complaints by a few traders using the platform. Plus the company’s websites does not seem to be tailored to traders’ needs. Which is why it is a website which does not appear to be in touch with the needs of traders it is catering to or trying to attract.
  2. Customer support – Methods of getting in touch with customer support are few and far between. Not having enough ways of getting in touch with support leaves many traders high and dry because they cannot speak to someone from the company. Plus, when you do happen to figure things out the default language is Russian. If anything this language policy is isolating and alienating traders from other parts of the world, it is, for this reason, we think that the website has a small customer base.
  3. Withdrawal policy – We have mentioned this before i.e. their withdrawal policy undoes a lot of their positive aspects. The system seems to be a secret and opaque for the most part which is why traders will not choose to do business with this trader. Not being able to withdraw money properly can hamper a trader’s ability to trade and that’s something that keeps traders at bay from this broker.

    Trading Platform Example

Expert Options sports one of the best platforms in the market

Expert Options – FAQ

The section aims to provide answers to some of the most frequently asked questions about the company we have reviewed. We will answer questions ranging from customer support to promotions offered by ExpertOptions.

  • Which withdrawal and deposit methods are available?

Different Educational ResourcesEarnings or money can be withdrawn or deposited via a debit or credit card i.e. Visa, Maestro, and MasterCard. In addition, the broker also supports Skrill, PerfectMoney, UnionPay, Yandex Money, Qiwi, PayWeb, Webmoney, and Neteller.

  • Who is the owner and what is their registered address?

The company is owned by ExpertOption Ltd, and they are located in Saint Vincent & the Grenadines, 1510, Kingstown, Suite 305, Griffith Corporate Centre. The company’s registration number is 22863 IBC 2015.

  • Is ExpertOption a licensed broker and by whom are they licensed?

The brokerage has been registered with a self-regulatory body by the name of FMRRC which is an abbreviation for Financial Market Relations Regulations Centre. The company’s license number is: TSRF RU 0395 Vv0099 with a validity of up til 8th September 2017.

The company, in addition, is licensed to be a dealer of securities in the Republic of Vanuatu which was granted on 6th January 2017 and is valid for a year with license number 15014.

  • What platform does ExpertOptions use?

ExpertOptions uses an in-house platform developed by their own developers for trading mainly digital options.

  • Do they offer a demo account?

A demo account can be setup without having to register on the platform. The demo account provides $10,000 of virtual money which can be used for testing and running the platform as well as running various trading strategies.

  • Which assets can be traded on the platform?

Traders have access to around 50 assets which are a part of four broad categories i.e. indices, currency pairs, stocks, and commodities.

  • When do the assets expire?

The expiry ranges presented by ExpertOptions ranges from 60 seconds to around 5 minutes.

  • What is the minimum deposit accepted and the lowest possible trade amount?

A minimum of $10 can be deposited into a trading account. The minimum investment or trade can be as little as $1 a trade.

  • Minimum withdrawal amount?

ExpertOptions allows traders to withdraw amounts starting from $10 via their preferred payment method.

  • What bonuses and benefits are available for registered customers?

ExpertOptions will give people who signup 100% percent of their initial deposit and anywhere from 25% to 125% on subsequent deposits into an account.

In addition to various monetary benefits, the company also offers many other advantages like every trader having their own personal manager, trading analysis, and priority withdrawal, etc.

  • What account types are available to traders using ExpertOption?

Traders get to choose from four account types mainly based on the amount they deposit. The ’Mini Account’ is for those who make a minimum of $50 deposit. The ’Silver Account’ is for those with a minimum of $250, and the Gold requires a minimum of $1000. Finally, the VIP account is for big traders with a minimum of $2,500 deposit but which also offers an extensive list of exclusive benefits.

  • What is the expected ROI (Return on Investment) per trade?

Traders using ExpertOptions can expect up to a 95% payout on all their winning trades. So, if they invest $100 for instance, the winning trade will help them get $95. The $5 is deducted as a commission by the broker.

  • Support Information QuestionsHow do you get in touch with customer support?

Customer support is provided via a few channels including email, phone, web forum, and online chat.

ExpertOption Trading Software

The ExpertOption trading interface is very user-friendly. It provides a good overview of the how to trade. On the platform, a trader can choose different assets like currency pairs, indices, and commodities (gold and crude oil).

Unfortunately, this broker only offers short term expiry times which leaves many traders wanting more.

When it comes to mobile trading, ExpertOption only provides a smartphone and tablet app for iOS devices. It currently doesn’t have an app for the Android devices but hopefully, they will roll it out.

ExpertOption Support Information

Responsive Customer SupportExpertOption has a very responsive customer support team. Traders can access their services through phone calls, emails, Skype and live chat. There is also a form that traders can fill in their website.

For the sake of learning, ExpertOption provides one of a kind educational section. Here, traders can find helpful articles which only explain the basic aspects of certain trading strategies.

The broker also has a FAQ section where answers to all the usual questions that may bother a trader are found.

The website of this broker is available in a number of languages which are:

  • German
  • Russian
  • English
  • Portuguese
  • Italian
  • Chinese
  • Spanish
  • ArabicExpert Option Screnshot Trading Binary Options

ExpertOption Banking and Company Info

ExpertOption has allowed their traders to use some of the very popular banking methods there is. Traders have the liberty to withdraw their money or deposit money into their trading accounts by using:

  • WebMoney
  • bank wire
  • Visa
  • Yandex
  • UnionPay
  • Skrill
  • MasterCard
  • Neteller
  • Qiwi

The trader should use the same payment method for both depositing and withdrawing.

The minimum withdrawal with this broker is only $10. All withdrawals are processed within a span of 2 days.

Conclusion

ApprovedIn conclusion, this broker seems very professional and worthy of testing out.

 

Pros:

  • Low minimum deposit
  • High maximum returns
  • Easy to use for beginner traders

Cons:

  • No customers from the USA accepted

Start trading

ExpertOption
4.2 (83.08%) 26 votes
7 Binary Options review: ExpertOption: 4.5 stars.

340 comments

  1. Quentin   •  

    To me, this broker seemed like a great opportunity to earn money. In terms of work I have only positive feedback — I was able to make good money, and the conclusion of no questions.

  2. Paul   •  

    The broker turned out to be the most convenient for work. The platform is convenient for work enough, and the profit suits me quite well.

  3. Silver   •  

    I like their demo platform. It’s really easy for newbies to enjoy the trading game, hope the real Account platform is easy the same not manipulated.

  4. Conrad   •  

    I liked this broker very much from the first day, then verification was not carried out, but in support the guys explained that they did it wrong, and then they helped a lot, so their customers appreciate it

  5. Ronald   •  

    I’m happy with the broker. While working with him, there are no problems – everything works fine. I was quite satisfied with the broker, great for earning, the main thing is that the conclusion is made without delays

  6. Brian   •  

    I like working with this company. I’ve been cooperating with them for about a year, and while the newcomer was greatly helped by the managers, now the results of the work are very good even

  7. Peter   •  

    I have already started working with this company for quite a long time, and so far the results of the work are frankly pleasing. Profits are not bad, and with the withdrawal of funds until the order is complete.

  8. Ashton   •  

    I have a really positive attitude towards this broker. During the work with him no problems arose-everything really works fine, and brings good money.

  9. Ethan   •  

    I like working with this company. Here everything is on the level, and there are no delays in payments, they are still very pleased with the delay, thank you)

  10. Simon   •  

    Working with Expertoption is not only a pleasure but also a decent earnings, I checked it myself and this convinced me, the guys are doing everything at the highest level

  11. Сhris   •  

    The company really pleased. While compared to other brokers, this turned out to be really one of the best — I was satisfied with the results.

  12. Tomash   •  

    I have already started working with this company for quite a long time, and so far the results of the work are frankly pleasing. Profits are not bad, and with the withdrawal of funds until the order is complete.

  13. Ralf   •  

    It’s nice to work with Expertoption. There was no problem with the verification of the problems, and the platform is simple and easy to use, so I think you will not regret it

  14. Steven   •  

    So far on this broker I have really positive reviews. During the work with him did not arise any issues, and profits until the full order. While the broker is fine with me.

  15. George   •  

    The broker was pleased with the positive results of the work. I have been working with him relatively recently, but I was already able to make excellent money. In my opinion, the company is excellent.

  16. Warren   •  

    I work with him not so long ago, but the results were really excellent. I did not even expect that I could earn such money. The result turned out to be quite good – I am quite satisfied with the broker.

  17. Jack   •  

    A good broker for earnings. I’ve been working with them for more than a year now and I’m completely satisfied with the results.
    It’s nice to work when the percentages are stable and the personal manager always prompts and helps

  18. Eric   •  

    The company was really good. While working with him, the reviews are quite positive — it turned out to be convenient to work with him, and the profit is still quite good.

  19. Billi   •  

    I liked the broker. Prior to that, I had to work with some top brokers, but I always did not like something, the platform, the interest.

  20. Havier   •  

    I have been working with this broker for a long time, and so far I am quite pleased with the results. In my opinion, so far this broker is quite worthy of attention.

  21. Kyle   •  

    On this broker I have quite positive feedback. In fact, it turned out to be quite worthy of attention, and the profit so far pleased me.

  22. Heather   •  

    For me, this is the most profitable broker. The profit is quite good, and with the withdrawal of funds until the minimum issues

  23. David   •  

    While working for this broker was really one of the best. There are all conditions for work here, and it turned out to be quite convenient to work with it. While the broker is really pleased.

  24. Ioannina   •  

    It’s nice to work with this broker. Managers help to get a plus, and the conclusion comes on time. Although when I started doubted whether everything is OK, but nothing)

  25. Dave   •  

    As for me, the broker is really great. So far, out of all the companies I have dealt with, this broker has proved to be one of the best.

  26. Nick   •  

    Not so long ago I work with this broker, but I would like to note that the interest was quite good. In my opinion, this company is quite worthy of attention, and the level of profit suits me quite well.

  27. Rafe   •  

    The broker, although average, but work really nice. And the earnings are excellent, it’s not for nothing that they spoke about it so well, they are pleased with their choice

  28. Marcus   •  

    I love working with this broker. During this year of close cooperation was not any serious problems, and the little things immediately solved support, so the choice I have not lost

  29. Emery   •  

    A normal broker for a stable earning. Yes, and in general on such a platform it is really convenient to work, but that it is also advantageous pleases certainly most of all

  30. Ethan   •  

    With ExpertOption to work comfortably. Transparent conditions. Professional platform

  31. Harry   •  

    I believe that the broker is really worthy of attention. At least, I really did not have any problems in terms of working with him. In addition, the level of earnings is really good.

  32. Gabriel   •  

    The broker was really good. I started working with this company for quite a long time, and so far there are no reasons to not trust him. In my opinion, the company is really worthy of attention.

  33. Trevor   •  

    Broker is great. At least, while the results seemed pretty good to me, and with the conclusion of no problems – the money is withdrawn quite quickly.

  34. Peter   •  

    In principle, it is pleasant for me to work here. The work is still profitable, with other brokers there are more problems as for me, and it’s convenient to work on such a platform, so I’m happy

  35. Steven   •  

    So far, the broker has turned out to be really good. I’ve been working with him relatively recently, but I’ve already been able to earn really well. So far, the results are quite satisfactory.

  36. Jesus   •  

    In General, had not trusted especially those brokers all till it worked. Conditions like good, money brought-everything is OK.

  37. Gregor   •  

    Great broker. I really enjoyed working with him — the working conditions are excellent, I’m happy with everything.

  38. Landon   •  

    Actually a great broker. I started working with him not so long ago, but I am happy with the result. The broker brings quite normal money, I was satisfied with it.

  39. Chad   •  

    As for me, this is one of the best brokers to date. Actually everything works perfectly, the platform is very convenient, and the working conditions are very good. I am satisfied with the broker.

  40. Oliver   •  

    I am pleased to work with Expertoption, yet the company is worthy and brings good earnings. I’m taking out about a year without problems, if briefly, a reliable broker

  41. Ronald   •  

    I am pleased with this broker. Really good profit, as for me. Working with a broker was really convenient and profitable, I’m happy with the broker.

  42. Cox   •  

    Adhering to the popular trading strategies turned out pretty good money, so I’m happy

  43. David   •  

    Relatively recently started working with this company, and so far the results of the work really pleased. In my opinion, now with this broker you can make very good money.

  44. John   •  

    I’m glad that I work with Expertoption, because the platform for work is excellent, and the conditions are stable and profitable, I do not know what else is necessary for good and productive work

  45. Evans   •  

    I liked to work with him, and the money broker was quite profitable — with it you can earn quite good money.

  46. Howard   •  

    The platform is easy to use, and with a profit all very well, as for a relatively new broker.

  47. Bill   •  

    It’s nice to work with a company where they will always help both beginners and pros. More pleased with the managers who always tell you how best to get a plus, nice

  48. Brendan   •  

    Expertoption is an excellent broker for me. Here you are given the opportunity to earn decent money and calmly get a conclusion, so I’m satisfied with the results of the work, and my choice

  49. Gregor   •  

    Great company. While no problems in terms of working with him did not arise, and the profit was really good. I believe that this broker is really worthy of attention.

  50. Bill   •  

    Broker really pleased with good results. Profit is fine with me.

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