Expert Option Review 2018

Founded in 2014, Expert Option was a part of a big wave of new binary options 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 two years 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.

ExpertOption Review 2016

ExpertOption Review

Expert Option Platform

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.
Although this company started out as a binary options broker, these days they offer a slightly different type of options. They call them options vanilla options, and these instruments differ from binary options in that you also have the power to influence the time element, as well. Sure, you open traders and set an expiration time, but you also can decide to buy or sell before that time. 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). 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.

ExpertOption Trading Platform

ExpertOption Trading Platform

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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. Naturally, you can also use your demo account, manage your funds, contact the support team and do everything else you’d do if you were trading from your computer.
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 grades 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 at your disposal here, 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 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 social trading platform this website offers. You can add friends and join force 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, 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.  

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 $50. Plenty of transfer methods are available, too: Visa, Master card, UnionPay, Skrill, Qiwi, Yandex money, Neteller, Webmoney and DCPAY 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 2017, 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.

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ExpertOption Accounts

The next part of our article will deal with the account packages you are offered by the broker. There are four ExpertOption Account Types in total (Mini, Silver, Gold and VIP), all very well equipped and, more importantly, insured. You see, each of these accounts offers a certain amount of deal insurance, starting with Mini account’s up to 25% and then all the way up to 40% with the VIP account. These are some very nice figures, no matter how you look at them. As a matter of fact, 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 to take on any trading challenge. So far, this Expert Option Review is turning out to be a very pleasant surprise, let’s see what else we can find.

ExpertOption Account Types

ExpertOption Account Types

Expert Option Security

Like we already said, this broker is regulated by the FMRRC and the VFSC, 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 their clients, so a serious Expert Option Review simply had to dedicate some room to the quality of the support on this website.

ExpertOption Education

ExpertOption Education

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!

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Author: Ben Prescott
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