ExpertOption review - Is ExpertOption a pure scam or legit?
ExpertOption has earned the trust of traders with its regulation by the Vanuatu Financial Service Commission (VFSC) under license number 15014.
The operations of this broker are also monitored and approved by the Financial Market Relationship Regulation Center (FMRRC), a non-government organization based in Russia that offers volunteer oversight.
One of the standout features of ExpertOption is its user friendly application, which provides traders with access to a wealth of educational resources, along with powerful analytical tools to help them make the right decisions. The platform also delivers a live, accurate market feed and fast trade execution.
In contrast to many other brokers that rely on existing platforms like MetaTrader 4 and MetaTrader 5, ExpertOption has developed its own custom platform.
This allows for complete customization, ensuring that all of the broker's features are seamlessly integrated, regardless of whether the trader is using a desktop or mobile device.
With its intuitive interface, clients are unlikely to require additional support when using ExpertOption. The platform also supports social trading, allowing clients to monitor the trades of top traders and even copy their strategies for greater returns.
ExpertOption Mobile App Review.
ExpertOption's mobile app is a comprehensive trading solution for clients who are willing to become an expert traders.
Like its other platforms, the app provides access to a vast array of stocks and over 100 different assets, making it an ideal choice for traders who want to keep pace with the market from anywhere.
The mobile app boasts real time, live quotes and quick trade execution, providing users with the ability to make the right decisions and take advantage of market opportunities with ease.
ExpertOption mobile app is a well-designed mobile app, impact with user friendliness to help move the trading experience of users to the next level, the app offers a wide range of analytical tools to support informed decision-making.
Whether you're an experienced trader or just starting out, ExpertOption's mobile app has everything you need to succeed in the world of online trading.
ExpertOption Account Types Review.
ExpertOption offers a range of account types to suit the needs of different traders.
The process of creating an account with ExpertOption is simple and straightforward, allowing you to register using your social media or Google accounts or with just an active email address and password.
• Real Trading Account.
One of the account options offered by ExpertOption is the Real Account, which requires a minimum deposit of $50. The amount you need to deposit will vary depending on the specific account you choose to open.
• Demo Account.
For those who are new to online trading or just looking to try out the platform, ExpertOption also offers a Demo Account.
This account provides a risk free way for clients to test their trading abilities, with a virtual balance of $10,000. Unlike with some other brokers, there is no need to register for a Demo Account with ExpertOption, and the broker does not collect any personal information. This makes the process of trying out the platform more accessible and less intimidating.
The ExpertOption Demo Account is an excellent resource for new clients, as it allows them to experience all the features and pricing available on a live account.
This helps new traders to get a feel for the platform and determine whether their trading style is Well suited to the ExpertOption approach.
By offering a Demo Account, ExpertOption demonstrates its confidence in its capabilities and its commitment to providing a positive user experience for all clients. Please note that the money in a demo account is not withdrawable, it is only main for beginners to learn how trading works, and to help them make an informed decision whether to move forward to trading with the platform or not.
How open the ExpertOption demo account - (free account).
Getting started with a demo account on ExpertOption is a straightforward process, requiring just a few simple steps.
Whether you are an experienced trader or a beginner, a demo account can be a valuable tool for testing new strategies, familiarizing yourself with the platform, and developing your skills without the risk of real money.
Here's a step by step guide to setting up your ExpertOption demo account.
Step 1 – Open Your Account.
To get started, click on the "Open Free Demo" button found at the bottom of the ExpertOption website. This will take you directly to the demo platform where you can start trading with other traders who are also using the free demo.
Step 2 – Fill out the Form.
On the demo platform, you will be prompted to fill out a form. Once completed, you can start trading immediately. If you need any assistance navigating the platform, you can contact the customer support team through the live chat button.
Step 3 – Download the Trading Platform.
To start demo trading, you will need to download the trading platform and log in to your account using the details provided.
A demo account is also known as a practice account, providing traders with an opportunity to test new strategies without risking actual funds. It's particularly useful for beginners who are just starting to learn about trading, as it allows them to get familiar with placing orders, managing trade positions, and more advanced functions.
In conclusion, opening a demo account with ExpertOption is a simple and effective way to practice your trading skills and strategies without risking real money. Whether you are a beginner or a expert trader, it's always a good idea to start with a demo account until you are confident in your approach and familiar with the platform.
ExpertOption Tutorial page for beginners review.
ExpertOption provide traders with a wealth of educational resources to help them make the right decisions.
The platform's Education page offers a range of articles and videos that cover a variety of topics, including trading strategies, technical analysis, fundamental analysis, graphical analysis, and trading psychology.
In terms of trading strategies, ExpertOption provides in depth coverage of a number of different methods, including:
• Engulfing Candlestick.
• Tweezers.
• Squat Candlestick.
• Three Methods.
• Reversal Moving Average.
• Breakout.
• Bollinger Band, and -
• Alligator Trading.
Each strategy is accompanied by a detailed explanation and examples presented in the form of charts.
The technical analysis section of the education page offers guides on Moving Averages, Alligator, Bollinger Bands, and Trend, support, and resistance lines.
The guides are comprehensive, featuring clear descriptions and helpful charts and images. In addition, traders can learn about graphical analysis techniques like:
• Trend Continuation Patterns.
• Trend Reversal Patterns.
• Candlestick Analysis.
• Fibonacci Retracements, and -
• Elliot Waves.
The fundamental analysis section includes a guide to basic fundamental indexes.
One particularly unique aspect of ExpertOption's educational offerings is its section on trading psychology.
This category is not often found among broker education materials, and covers topics like Trader Psychology, Successful Traders, and Individual Trading Psychology. This information can be invaluable in helping traders understand their own motivations and emotions as they navigate the markets.
ExpertOption Deposit and withdrawal review.
Trading with ExpertOption is made easy with their efficient deposit and withdrawal process.
This broker accepts over 20 different payment options, including credit and debit cards from:
• Mastercard.
• Visa.
• Maestro. and -
• UnionPay.
And as well as popular e-wallets like:
• Skrill.
• Neteller.
• FasaPay, and -
• Perfect Money.
And others.
Additionally, ExpertOption offers the use of their own platform, eo.finance, for handling transactions.
When it comes to withdrawals, clients can use the same methods for both deposits and withdrawals. However, for security reasons, the initial investment amount must be withdrawn using the same payment method that was used to make the deposit.
After that, traders can choose a different method for any remaining funds. The minimum withdrawal amount is $10, and requests are typically processed within two business days.
Before making any withdrawal requests, traders are required to complete identity verification. This is a security measure to protect the trader's account. ExpertOption does not charge any commission or fees for their payment processing services.
The minimum deposit amount with ExpertOption varies based on the type of account, with a minimum of $10 for the Micro account and up to $5,000 for the Platinum account.
Is it safe to trade with ExpertOption?
Trading with ExpertOption is 100% safe and secured, ExpertOption has been existing for years and it's a well known broker that supports many countries. So if you were worried I'd the platform is safe, yes for sure, it is absolutely safe and reliable because it is a registered platform.
ExpertOption Bonuses Review.
ExpertOption has recently introduced an attractive new offer for its clients - a 100% deposit bonus for all first-time depositors.
This move has been made in response to traders requesting a boost to their initial trading experience. To qualify for this bonus, traders must deposit a minimum of $30 into their trading account. Once their account is created, they will have 60 minutes to take advantage of this offer.
It's worth noting that accepting the bonus from ExpertOption does not restrict the trader's ability to withdraw their funds at any time.
This is a unique feature compared to other brokers who often limit withdrawals for traders who have accepted bonuses. Additionally, even existing traders can take advantage of the bonus offer, although the percentage offered may differ from that of first-time depositors.
ExpertOption Customer support service review.
ExpertOption prioritizes providing top-notch customer service to its clients.
They have a team of dedicated and knowledgeable representatives who are available to assist clients through various means of communication, including phone, email, and live chat.
The online chat service is accessible 24/7 and there are over 100 account managers at the broker ready to address the needs of their clients.
To reach out to customer service by email, simply fill out the query form on the website and provide your contact information and message. A professional agent will respond promptly. Additionally, you can reach ExpertOption by phone by selecting your country and dialing the designated number. Please note that phone charges may vary depending on your phone operator and location.
ExpertOption offers customer support in a multitude of languages, including:
• English.
• Hindi.
• Chinese (2 variations).
• Thai.
• Indonesian.
• Malaysian.
• Filipino.
• Korean.
• Vietnamese.
• Spanish.
• Polish.
• Portuguese.
• Arabic, and -
• Turkish.
The web version is available in all of these languages, while the mobile version is only available in English and Hindi.
If you need to reach ExpertOption, you can use the following contact details:
English Phone Number: +44 20 3868 3160
Hindi Phone Number: 000 800 443 0002
English Email Address: english@expertoption.com
Hindi Email Address: hindi@expertoption.com
