ExpertOption Review: Is this broker legit, safe and trustworthy for UAE citizens and residents?
In recent years, ExpertOption has developed a reputation as one of the
premier brokerages on the market, which has resulted in the company gaining a
devoted following of traders from all over the world. The company's goal is to
consistently advance the ExpertOption platform by adding innovative new features
and expanding available services so that they are accessible to all traders.
Visit Expert Option Website.
Since its founding in 2014, ExpertOption has swiftly established itself as the preferred broker for both inexperienced and seasoned traders alike. It's common knowledge that trading carries a significant amount of risk, but the danger is most apparent when selecting the ideal broker for one's individual trading requirements. In many cases, it is only a question of convenience; nevertheless, brokers such as ExpertOption give a service that is far superior to what is often anticipated.
The only way to truly evaluate a broker is to have first-hand experience with them, learn the intricacies of the trading platform they use, and figure out how to maximize the return on your investment of both time and money. During this review, we will present an extensive examination of the ExpertOption broker, stressing both the positives and negatives while attempting to address some of the questions that we get asked the most frequently. These questions include the following:
By the time we reach the conclusion of this review, we will have given you enough information to make an informed judgment regarding the ExpertOption platform and how it could be of use to you.
ExpertOption, like any other broker, has both benefits and downsides; thankfully, the positives significantly exceed the cons; the following are only some of the primary factors that are most crucial to traders when evaluating the platform:
There is no question that this is the standout feature; consumers may have access to the free sample account at any moment with only a single click, in contrast to other brokers where registration is necessary. This is helpful for traders of all experience levels, and it is by far one of the most valuable things for learning and putting into practice new trading techniques.
By requiring a minimum deposit of only $10, and a minimum deal amount of only $1, the company has endeavored to remove as many obstacles as possible that may prevent or hinder traders from participating. ExpertOption understands that its users come from all walks of life, and that not all are able to make significant financial commitments.
Social trading is a well-liked method through which online traders may connect with other users and engage in real-time trading. This method also gives users the ability to examine and even copy other other's transactions and methods. Trading may become a more social activity and less of a solitary pursuit with the aid of ExpertOption's many tools, including this one, which are designed to do exactly that. A trader's total performance may be significantly improved by making efficient use of a technology called social trading, which can make all the difference.
The minimum amount required to make a withdrawal request at ExpertOption is only ten dollars, and instant withdrawals are possible with certain payment methods, including cryptocurrencies and electronic wallets such as Skrill, WebMoney, Neteller, and E-Payments, among others. ExpertOption boasts some of the quickest withdrawal times of any broker.
Trading is a learning process that can only be mastered through practice and knowledge, and thankfully, ExpertOption provides comprehensive educational materials from the very beginning — including everything from written materials explaining strategies, indicators, and chart types, to full video tutorials with topics such as "how to trade" and many more. Trading is a learning process that can only be mastered through practice and knowledge.
A extremely helpful tool that gives traders the opportunity to change the degree of risk and reward for each individual deal, giving them complete control over the trading experience and allows traders to take full control over the trading experience.
Traders may communicate with ExpertOption at any time, day or night, via live chat, the telephone, or email. This service is genuinely priceless. The support staff is extremely competent, and they take great delight in delivering the best possible levels of customer care.
Tweets by ExpertOption
The user interface of the site is not just engaging but also responsive, and the design scheme makes it easy to move between its many functions.
Traders are kept up to speed by ExpertOption on all of the most recent market news and events, which is essential when attempting to discover significant factors that may have an effect on market pricing.
One of the few obvious drawbacks is that ExpertOption does not offer their financial services to those living in the United States of America.
Since its beginning in 2014, ExpertOption has seen meteoric expansion, and it can now brag that more than 25 million people from 150 countries have registered to use its platform, which is available in 14 different languages. The integration of significantly more than 20 different payment methods makes it possible for users from all over the world to make deposits in a quick and straightforward manner.
The following are some important data that drew our attention:
35,000 unique users per day
Withdrawn amount of $15.6 million in September of 2019.
Observable and quantifiable rises in the rate of return over a predetermined time period.
On average, more than 29 million new business transactions are started each month.
You can get the ExpertOption app for your iOS or Android smartphone by downloading it, but you can also access it through your web browser or use the desktop programs that are available for Mac and Windows. The fact that traders may access their accounts through a variety of different methods offers them with an extra level of convenience.
An introductory video will play once you have logged in to your account for the first time. This video will provide you with a quick instruction on how to trade on the ExpertOption platform. This will serve to guide consumers through the early stages, which can be intimidating. Details such as how to pick an asset, a closing time, how to set up the chart, and how to utilize strike rates will be included.
The majority of the platform's key features can be accessed from the main page, enabling traders to fully customize their experience from the beginning. Additional features can be found in the tab on the left of the platform and include profile information, educational materials, analytics, the trade journal, as well as the pages for depositing and withdrawing money.
This area also enables traders to monitor their open transactions and to "cancel" them if it is required. The data for the current trading session may be viewed by clicking on the tabs to the right of the chart. These tabs represent data relating to market sentiment and the performance of other traders.
Traders have the option to deal with more than one hundred of the assets that are in the highest demand thanks to ExpertOption. These assets include well-known equities, such as Google or Apple, as well as currency pairings, cryptocurrencies, and even prominent commodities, such as gold and oil.
Before making any kind of commitment, it is strongly suggested that users first familiarize themselves with the instructional materials and try out the demo version of the software. Before selecting the duration of the deal, which may be anywhere from one minute to five minutes, the first thing that every trader needs do is identify the item that they intend to employ in the transaction. After this has been completed, and presuming that the chart has been organized in the manner that was envisioned, it is time to select an investment amount and make a forecast regarding how the price will change over a certain amount of time (Up or Down).
Before you choose to make your prediction, ExpertOption will provide you with strike rates. These rates give traders the ability to manage the level of risk involved in their trades. A higher level of risk results in greater rewards, while a lower level of risk results in lower earnings but a lower risk of loss.
The Micro account requires a deposit of a minimum of $10, while the Platinum account requires a deposit of a minimum of $5000. The most obvious benefits are increased profit percentages and priority withdrawal for the higher status account types. ExpertOption provides six account types, each of which has its own unique benefits. However, the majority of traders select Silver as their first account since it offers the optimal level of both risk and reward. It is essential to keep in mind that each deposit contributes toward raising the account type.
Traders can start their careers in trading with a number of different options accessible from the homepage of ExpertOption. The demo account can be accessed immediately with a single click, while those who want to jump right into trading can click the "Real Account" button in the top right corner to begin the process of opening their account.
Conveniently, users are able to connect using their existing Facebook or Google+ accounts; if this is not possible, all that is required is the entry of an email address and the creation of a password before the user is required to agree to the conditions of the site.
We've noted that ExpertOption offers some of the most severe security standards in the industry, which provides an increased level of peace of mind for traders. There is nothing more stressful than being unable to control your finances and assets due to circumstances beyond your control.
If you want to trade after opening a real account, you will be required to make a deposit before you can do so. You can do this by clicking the blue deposit button at the top of your screen or by selecting the finances tab on the left side of the platform; the latter option takes you to a section that also contains the withdrawal page.
Traders will be sent to a new page during the subsequent stage of the deposit procedure. On this page, they will be required to pick the deposit amount as well as the preferred payment method.
Before going to submit their payment details, users are required to agree to the terms and conditions of the platform, regardless of whatever method they want to use. The available alternatives are determined by the geographic location in which each trader is based.
It is vital to keep in mind that the payment method used has an effect on the verification and withdrawal procedure. Deposits may be made using well-known credit or debit cards, several electronic wallets, wire transfers, and even cryptocurrencies like Bitcoin.
On ExpertOption, withdrawals are simplified to make the procedure as quick as possible; traders are obliged to withdraw the amount placed back to the same method used to make the initial deposit. Requests are typically handled within two full business days, however this time frame might vary greatly depending on the mode of withdrawal and the kind of account being used.
After having extensive conversations with ExpertOption traders on various social media platforms and online forums, it would appear that a large number of them are enjoying consistent benefits. Those traders who opt for the quickest methods of withdrawal, such as digital wallets and cryptocurrencies, appear to be the most content.
Do you feel that ExpertOption is the right broker for you? The simple answer is that it is. If you are looking for a dependable trading platform that is loaded with features, then you don't need to look any further. Be it through the introduction of cryptocurrencies, more indicators, smaller minimum deposits, or even an instant withdrawal feature — ExpertOption are most definitely pushing the boundaries to give users the quickest and most reliable trading experience on the market. The rapid development of the company can only be described as astonishing, as they continue to innovate and improve the platform.
Please be aware that CFDs are sophisticated products that come with a
significant potential for experiencing fast monetary loss owing to the use of
leverage. When it comes to trading CFDs, an average of 83 percent of retail
investor accounts end up losing money. You need to ask yourself if you have an
understanding of how contracts for difference (CFDs) operate and if you have the
financial means to face the significant risk of losing your money.
Everyone has one primary objective in life, and that is to achieve success. However, not everyone can locate a method that is both practical and successful. A significant number of people persist in going to tedious and repetitive employment, where they toil away from paycheck to paycheck. The irony is that their salary still does not let them to break out of the vicious loop, and as a result, they have to plan out numerous expenditures, such as trips or gifts for loved ones.
However, there are numerous ways out of this predicament due to the fact that an educated individual will constantly discover possibilities for advancement and self-realization. Because of advances in technology, you are now able to conduct trades on the exchange via the assistance of reputable brokers. You merely need to be connected to the internet and have a little amount of funds to get started. Because of this, trading is currently enjoying a surge in popularity and is drawing in millions of new users every day.
The most important aspect of the brokerage platform is that it provides access to a comprehensive inventory of assets (these can be currencies, fixed time trades, company stocks, raw materials, gold, precious metals, cryptocurrencies, etc.). The value of each asset shifts continuously throughout each minute. The job of the trader is to examine the current situation (which requires them to pay attention to a large number of key aspects) and then make a prediction on how the dynamics will change in the near future. Now, all that is left to do is pick the appropriate trading method, calculate the optimal time to make the trade, and exit the deal while retaining the most possible profit. However, selecting a trustworthy broker to work with as a partner is also of the utmost importance. In this scenario, the way to achieve success will be the one that is easiest and most expedient to achieve. This evaluation of ExpertOption will provide you with information regarding the significant aspects of a well-known firm.
After successfully completing the mandatory steps required for formal
registration in the UK, ExpertOption began operating as a broker in the year
2014. Both offering a diverse selection of trading tools and ensuring a high
degree of protection for customers were important tenets of the business, which
adhered to as its guiding principles. This prudent approach has yielded
benefits, and the site is now quite popular among both new traders and
experienced traders alike. A broker that has worked hard to establish their
stellar reputation has already counted more than one million users as satisfied
customers. Additionally, the company was awarded a number of significant honors,
including, for instance, the award for the most trusted broker in 2019.
Clients are now able to engage in trading that is both profitable and risk-free thanks to the Expert Options platform, which officially runs in dozens of countries across the world. However, there are certain limitations, including the following: Citizens and permanent residents of the United States of America, Canada, the European Economic Area, Switzerland, Israel, New Zealand, Australia, Japan, North Korea, Puerto Rico, and Sudan are not eligible to use the services that ExpertOption offers.
Users are required to have full faith that they are operating inside an acceptable legal framework and are not breaching any laws. This matter was taken care of by the corporation, which accomplished this by acquiring all of the required foreign permits. Millions of traders in South Africa, the Philippines, and other nations participate in expert option trading today because they know it is a legitimate method to make money.
Vestede Limited is an Irish corporation and the parent firm of ExpertOption. Vestede Limited is a registered entity. It is important to note that the minimum amount of approved capital required to establish an international business in Ireland is 500,000 US dollars. On the website of the broker, you'll see a reference to EO SERVICES LIMITED, which is the subsidiary of Vestede Limited. This business has its headquarters in Vanuatu and is the owner of the ExpertOption brand.
Commercial operations conducted by ExpertOption are subject to oversight by the Vanuatu Finance Commission (VFSC). Because they held this license, this broker was authorized to carry out their business operations inside the territory of the nations that make up the EU. Each individual customer has the ability to lodge a formal complaint on the organization's main website in the event that a dispute arises between them. It is also important to note that the parent business is registered in Ireland; thus, in the event that VFSC takes the side of the corporation while it is examining the appeal for any reason, the user retains the ability to get in touch with the administration of Vestede Limited.
In addition, Ireland is a constituent country of the United Kingdom. Despite the fact that Vestede Limited does not hold a license issued by this regulator, every trader will be able to register a complaint with this regulator since the operations of all financial institutions in this region are regulated by the FCA.
The most convenient working circumstances for traders have been developed by ExpertOption. The broker is prepared to provide its customers with a total of five distinct account kinds, each of which comes with its own set of specialized amenities. It is possible to create an account in whichever currency the customer finds most advantageous at the time. You are also able to trade any and all assets that are currently listed on the exchange.
There are six distinct types of broker accounts available via ExpertOptions:
Micro: This trading account is designed for first-time investors. You are only allowed to have a total of ten active transactions at any given moment, and the total value of any single transaction must not exceed ten dollars.
The account is very much like the Micro account type. The key distinction is that there is a $25 cap on the total value of any given trade.
Traders in silver can rely on the supply of a personal manager for their account. The bare minimum required for a deposit is $500. There is no restriction on access to the training materials and daily market reports. You are restricted to opening no more than 15 transactions at once, and the total value of any single trade must not exceed $250.
Gold: In the event that a top-up of $2,500 or more is made, the account will be upgraded to the Gold tier. There is the option of a personal manager. The trader can educate themselves by reading training materials and watching videos of the most recent market reports. When it comes to making withdrawals, funds from this account come first. You are only allowed to have up to 30 active transactions at any given time, and the total value of any single transaction must not exceed $1,000. Below you'll find information on how to withdraw money from this and other accounts.
Platinum is a commodity in which traders collaborate with a management. A deposit of at least $5,000 is required. Access to the various training resources and market overviews is now available. Withdrawal of money from this account will take precedence. There is no cap placed on the number of open positions on the market at any given time. It is not possible to spend more than $2,000 in a single transaction.
This account is reserved just for our most prestigious customers. There is a maximum priority when withdrawing money from accounts, as well as the possibility to insure a trade and obtain a larger proportion of profit if you want to do so. Access to all of the site's parts is freely available, including tactics, and there is also a maximum priority. Through participation in the referral program, you will get a unique account. The maximum number of unrestricted transactions that can be open concurrently is three thousand dollars, and the maximum transaction value is also three thousand dollars.
In this section of the Expert Option review, it is important to discuss the many trading instruments that are at your disposal. In order to participate in real-world trade, every user who has registered for the platform is required to pay a minimum deposit of fifty dollars. He has access to a wide range of assets, with the firm now providing more than one hundred different alternatives.
Cryptocurrencies. There are charts provided for both the Bitcoin and Litecoin rates.
Pairs of currencies During the Asian trading session, currency pairings including the main four—euro, dollar, yen, and franc—are made accessible, along with currency pairs involving various additional currencies that are traded.
Products. Gold and Brent oil can both be used to do business if the appropriate conditions are met.
A collection of trading assets on this level should be sufficient for the majority of novice and experienced traders alike. mainly due to the fact that you have the freedom to pick the alternative that best suits your needs and preferences. There is a possibility that a single trade might provide a profit of 92%. In the vast majority of situations, this number is rather lower. It is dependent on the volatility of the market as well as the amount of trading that occurs for a particular trading instrument.
There are choices with expiry times ranging from one to three minutes. The only traditional (Call/Put) and turbo betting choices are available to clients on this platform, which is one of the platform's drawbacks. There is no such thing as a Touch/no-Touch trading platform, an In/Out trading platform, or a Digital-options trading platform. However, the collection of instruments that is offered is adequate for carrying out high-quality and lucrative trades.
It's time to make the first deal, and maybe it will be lucrative. To accomplish this, first you will need to register on the official website by providing the requested personal information, and then you will need to top off the deposit. The company utilizes the most well-known and dependable payment methods, which enables it to provide the greatest number of payment choices. At the discretion of the user:
Credit cards (Visa, MasterCard, and Maestro), bank transfers, and electronic wallets are all acceptable methods of payment (Qiwi, Neteller, Skrill, etc.).
However, it is recommended to carry out the transaction only after passing the verification (for this, you will need to provide a passport or driver's license to the company's employees for verification and identification). The form for making a deposit opens at the first authorization in the personal account on the company's website. However, it is not recommended to make a deposit until after passing the verification. After the customer has validated the payment transaction, the funds are deposited into the trading account within a few minutes after the customer's confirmation.
It is only possible to withdraw money from Expert Option accounts using the same payment method that was originally used to top off the account's balance. If, for any reason, the customer does not qualify for this withdrawal option, then all you need to do is get in touch with support and make a request to transfer cash to a different bank card or account. In this scenario, you will be required to produce documentation that the person who owns the account is the owner of the electronic wallet or card. These are the industry-standard security guidelines that are in complete accordance with AML policy.
The processing of applications for the payment of profits is required to be carried out in manual manner in accordance with the internal requirements of the firm. These applications are processed by professionals working in the financial department. The maximum time allowed is three calendar days. There is a possibility that there will be a gap between the time it takes to assess a client's request to withdraw cash and the time it takes to actually credit the relevant amount to the client's payment information. If the withdrawal is processed to a bank card, the time it takes for the cash to become available to the cardholder can vary depending on the bank that issued the card and can take up to ten business days. If the transaction is made to the payment information of the IPS, then the profit will be deposited to your account within a few minutes of the application being processed once the transaction has been processed.
When making deposits into an account or taking gains out of an account, the ExpertOption broker does not deduct a commission. This is one of the many benefits of working with this broker. When taking into account one of the limits on the commission for the withdrawal of profits, the firm is of the opinion that the many restrictions placed on the movement of clients' assets serve no useful purpose. The platform works hard to make trading as pleasant an experience as possible for its users, and it ensures that the customer will not only get their money back, but that they will also get their complete profit.
The official website was developed with the assistance of skilled industry experts. The soft color palette does not cause the eyes to become tired. In addition, the fantastic functionality makes it possible for you to rapidly comprehend the accessible collection of tools and to personalize it according to your requirements. Additionally, the organization facilitates mobile trading via Expert Option. The practical application may be used on any smartphone or tablet that is currently available (iOS and Android). Because of the program's superior configuration options, you may expect the highest level of productivity from your trade. In addition, the Expert Option app maintains a consistent signal even when the user is connected to the internet only intermittently. Because of this, you are free to generate money in any location that you want.
Training with Expert Option may be done quickly and easily straight from the online platform. This section provides various different types of materials, which are then categorized into the following topics:
Analysis on a fundamental level, analysis on a technical level, a glossary, and graphical analysis.
Separate subsections have been created for each of the material groups. Tutorials on trend creation, moving averages, oversold and overbought levels, and other topics have been published, for instance, in the section of the book that deals with technical analysis. Every article has accompanying graphic material as well as explanations that go into great detail.
Within the realm of graphical analysis, the user is provided with a comprehensive explanation of the various candlesticks and the ways in which they may be combined. Researching the fundamental concepts underlying the process of projecting the values of assets from the same block as their namesake will also prove to be helpful. The training website now includes videos in addition to the text writings that were previously there to demonstrate how to use the platform. Because of the user's ability to visually perceive information, it will be much simpler for them to comprehend how to put up charts, how social trading is conducted, and how the control panel is structured in the interface.
Additionally, the consumer is provided the option to register for a sample account with Expert Option. Everyone who has registered for the site can take advantage of this function. The customer's account is rewarded with 10,000 virtual dollars as soon as the activation is complete, which they are free to spend as they choose. You can gain a greater understanding of the world of trading without running the risk of losing money if you take advantage of the Expert Option demo, which enables you to complete transactions based on real-world quotes, test trading strategies, determine which approaches are the most successful, and more.
The ExpertOption Incentive Program is a unique bonus program that gives clients of ExpertOption the opportunity to receive a bonus on their initial deposit and makes it easier for them to trade on the platform that ExpertOption provides.
A unique "Welcome Bonus" will be provided to you by ExpertOption in exchange for your first investment. ExpertOption has complete discretion in determining the quantity of the bonus that will be awarded to each individual customer. Any additional deposits are subject to the terms and conditions of the general bonus program, which can be found on the page detailing deposits on the platform.
A client's account may be awarded a bonus balance, which is a fictitious sum of money, when certain requirements are met. The customer is not permitted under any circumstances to remove bonus funds from their account; they may only be utilized for trading purposes. ExpertOption maintains the right to null and invalidate any bonuses, as well as any profits made from such bonuses, at its own discretion.
If there are already actual cash in the client's account, they cannot be used for trading and hence cannot get bonuses. Only when the client's real balance is equal to or lower than zero may bonuses be used for trading purposes.
Advantages of ExpertOption for Residents of the UAE:
Superior safety measures have been taken.
Excellent customer service and assistance.
guarantee of availability of all required certifications
Things about ExperOption that aren't quite that great:
Lack of availability of some common sorts of choices.
A protracted period of disengagement.
Should you choose the IQ Option provided by ExpertOption? ExpertOption is a
relatively new broker, but in recent years it has seen explosive growth in
popularity among both amateur traders and seasoned industry veterans. In 2014,
the firm launched its first commercial venture and obtained registration in the
United Kingdom. The fact that there is no minimum required deposit is one of the
most significant advantages. The business has reportedly registered more than 69
million accounts for the year 2020, as stated in the ExpertOption assessment. It
is an impressive accomplishment for such a small organization, and it
demonstrates that this broker has all the reasons to capture the attention of
traders from 150 different countries.
2013 saw the beginning of business operations for IQ Option, an appealing broker that takes a new approach to trading options. Due to the platform's commitment to providing stable trading conditions, it continues to appeal to both seasoned traders and those just starting out in the market. A trading account may be activated with a deposit of a minimum of ten dollars, and the minimum transaction value is one dollar. At the same time, customers have the opportunity to retrieve up to 95 percent of the profit from traditional options trades, and they may recoup up to 65 percent of any money that was lost.
The registration process on the expert option app is quick and easy to complete. The only pieces of information required to complete this sign-up form are an email address and a password. Following registration and authorisation in the personal account, which is where the user chooses the kind of trading account, the user is then given the option to pick the currency in which the deposit will be made.
In the event that you are interested in becoming a customer of IQ Option, the registration procedure will only take a few moments of your time. In order to do this, you will need to complete out a straightforward form that is located on the homepage of the website. You may also log in using your Google or Facebook account, if you have one. After registering, you will immediately be granted access to a demo account, which will provide you with a virtual sum of $10,000 as well as access to all platform functionalities. In order to prevent confusion over the withdrawal of profits, it is recommended that accurate personal information be provided upon registration.
Following the latest trends in trading, the ExpertOption broker provides customers with a mobile application that can be downloaded for free on their mobile devices at no additional cost (iPhone, iPad and Android). One of the benefits of implementing such a system is providing users with access to the platform regardless of where they are located. If he has spare time, he may start working on the mobile application at any moment: log into his personal account, check the account status, add money to the account or withdraw money, try different trading techniques, and place trades. The expert option mobile trading app is both convenient and practical, and it has all of the capabilities that are available on the desktop version.
Traders will find that IQ Option makes an effort to make their jobs easier. Demo accounts give customers the opportunity to hone their trading skills without the risk of losing real money. Instead, the broker will deposit $10,000 worth of virtual currency into the customer's account. You may test trading signals and work out methods on the training terminal of the platform. This will allow you to feel more confident while trading on a real account and help you acquire calm when making choices. Simply registering on the company's website will get you access to the trial version of the service.
What exactly is meant by the term "ExpertOption Trading Software"? ExpertOption is a piece of stock trading software that was developed by a team of NSE and trading industry professionals. Over the course of the past few months, it has become more important to use online trading software in order to successfully manage your trading account using the most effective technical analysis and buy-sell signals.
One example of such trading software is ExpertOption, which provides its users with the most up-to-date trading technology and the ability to receive real-time price quotations. IT gives a technical analysis of more than one hundred different stocks and assets. You may also create an account using this trading analysis program, and then add or remove cash from that account as necessary.
This automated program for the stock market comes with a variety of technical tools as well as more than one hundred assets, some of which include Facebook, Apple, and McDonald's. It is one of the stock trading software programs that is expanding at the fastest rate and has a presence in more than 48 countries. In addition to this, it provides a variety of account kinds, such as micro, silver, gold, and many more.
Use of the ExpertOption Stock Trading Software Comes With the Following Benefits: It should not come as a surprise that ExpertOption is the program that people always choose when it comes to selecting the finest software for online stock trading because of the numerous advantages it possesses. The following is a breakdown of some of the most important advantages that can be obtained by creating a trading account with ExpertOption's software for the share market:
Multiple Trading Platforms Available - This stock trading program is compatible with all operating systems, including iOS, Android, macOS, and Windows. Traders may choose the platform that best suits their needs.
High-Security Standards All sensitive information and data pertaining to traders is kept private and secure by ExpertOption, as the platform makes use of powerful encryption algorithms. Visa and MasterCard have both confirmed the legitimacy of the payment options.
Accurate Data One of the most significant benefits associated with using automated trading software is the increased correctness of the data. Because the program employs research and analysis that is based on real-time data from the stock market, there is no room for errors or dangers in the process.
Mobile Application ExpertOption provides users of mobile operating systems such as Android and iOS with a specialized mobile application. You will get access to free demonstrations, in addition to more than one hundred different trading instruments, and expert trading settings when you use its mobile application.
Commissions and Spreads - This automated trading program has a small commission fee, which is far lower than what the industry norms are. The spreads are also quite competitive. When it comes to spreads, the trading website ExpertOption is always one of the most competitive.
Multiple Markets and Assets: ExpertOption gives traders the opportunity to select from a wide variety of assets and markets. They are as follows:
Forex, CFD, Shares, Commodities
Trading Software from ExpertOption for Profitable Stock Market Transactions ExpertOption began offering its services to clients in 2014 and now completes more than 30 million transactions every single month. The company has an impressive 9 million active client accounts at the moment.
The provision of a totally open and honest environment for online trading is ExpertOption's primary objective. In order to accomplish this, it gives its customers access to an easy-to-use trading platform as well as a wealth of instructional resources.
There is no question that providing excellent customer service is a top concern for this company; in fact, the brand employs more than one hundred account managers who are dedicated to catering to a diverse array of client requirements. In addition to this, ExpertOptions guarantees to provide the quickest possible trading in the business by utilizing its very own specialized trading platform.
Users have access to a wide range of user-friendly trading platforms with ExpertOption, including the ability to trade using the web, a mobile app, or a dedicated desktop client.
ExpertOption developed its own platform, which is fully customizable and can be adapted to meet the requirements of each individual customer, in contrast to the majority of brokerage firms, which opt to save time by utilizing an already existing trading platform (typically MetaTrader 4 or MetaTrader 5).
This implies that all of the features that are offered from ExpertOption may be readily incorporated, regardless of whether the user is trading via a desktop computer or a mobile device. However, the disadvantage of this is that there are no additional support resources accessible from the outside.
However, due to the fact that the interface is so user-friendly, it is quite rare that consumers would want the assistance of other materials in order to comprehend how to trade using ExpertOption.
The following types of marketplaces are open to trading possibilities provided by ExpertOption: However, it is important to keep in mind that the instruments that are available to traders will change depending on the nation in which they are based:
• Contracts for Difference (CFDs) • Foreign Exchange • Shares; • Cryptocurrency • Commodities • Indices
A commission fee of £5 is added to all successful transactions executed with ExpertOption. When it comes to rewards, the company can take up to 5 percent of successful trades, which is lower than the usual for the industry, which is typically as high as 15 percent.
Spreads are subject to change based on the type of account that the user chooses, and they can be as low as 0.1 points in some cases. Even though spreads on ordinary accounts often begin at a higher level, ExpertOption is still a competitive broker that traders can choose to work with. It is important to keep in mind that spreads can either widen or narrow over certain time periods, depending on the conditions of the market.
Joining ExpertOption is absolutely free of charge, as is conducting trades on the platform. There are no costs connected with trading, with the exception of the commission that was previously indicated for successful deals.
When using ExpertOption, a user's potential leverage rates might change depending on the different transactions they are contemplating.
The leverage is set at 1:30 for the vast majority of currency pairings, such as EURUSD. This level is mandated by regulation that has been granted official sanction, and it is consistent across all authorized brokerages.
The leverage on some of the more minor currency pairs, such as EURNOK, NZDUSD, AUDCAD, USDSGD, and EURPLN, is set at 1:20. On the ExpertOptions trading platform, the maximum leverage available for other types of transactions is 500 to 1.
ExpertOption offers mobile applications that are tailored specifically for Android and iOS smartphones. You may get these by downloading them from the Apple App Store or the Google Play Store.
Users also have the option of downloading the Android.apk install file directly from the ExpertOption website if they want.
Each mobile software comes highly rated in its particular app store, and it's clear to understand why they earned those ratings.
ExpertOption goes above and beyond to provide its mobile customers with total control by offering fast withdrawals, access to a free demo account, access to over 100 different trading products, and access to professional trading conditions.
Perhaps the only disadvantage is that the valuable technical analysis aspects of the platform can be difficult to utilize on mobile devices because of the smaller screens on such devices.
It is recommended that users who are interested in getting a little bit more technical utilize the specialized desktop program rather to the online version of ExpertOption.
Users have access to a wide variety of deposit and withdrawal options, each of which contributes to the inclusive nature of the ExpertOption brand for traders located in different parts of the world.
The following payment options are available for making deposits:
• Skrill, • Neteller, • Fasapay, • Perfect Money, • Bank Transfer
• M-pesa — Mobile money (You can check other brokers that accept Mpesa)
Even while the vast majority of payment methods are handled promptly, certain bank transfers may take up to several hours. All deposits are commission-free. The minimal deposit is merely £10.
In addition to the ways used for deposits, withdrawals can also be performed straight to a Bitcoin wallet. This is in addition to the methods used for deposits.
Withdrawals must be made using the same method that was used to make the deposit in order to be processed on the same day (up to the amount of the deposit). As a means of assisting in the prevention of money laundering, the industry generally adheres to this approach.
Before beginning to trade with their own money, ExpertOptions' customers have the opportunity to test out the platform and improve their trading abilities through the use of a demo account.
Sample accounts come equipped with a starting virtual balance of £10,000, and users are not required to register in order to have access to the demo account.
This is helpful because many new users are discouraged by the requirement to provide documentation and personal data simply to try out a demo account, and it means that the brand does not have any personal contact data to pressure you into registering for a real account after experiencing the demo. This is useful because many new users feel put off by the requirement to provide documentation and personal data simply to try out a demo account.
This is an indication that the organization is confidence in what it has to offer, which is a positive indicator.
In general, the ExpertOption demo account is quite helpful since it gives customers access to all of the normal features and prices that are stated on a genuine account. This makes the trial account a great resource.
This offers new users the opportunity to try out different strategies and determine whether or not their trading approach is compatible with the ExpertOption platform.
New customers can receive bonuses from ExpertOption of up to one hundred percent of their initial deposits, depending on the kind of account they select and the amount they originally put in.
Users are nonetheless strongly encouraged to study the terms and conditions pertaining to bonuses, since the majority of promotions offered by ExpertOption have a tendency to have stringent prerequisites for receiving the bonus.
Because the activation of some incentives is contingent upon the player reaching a turnover volume equal to or more than 50 times the amount of the initial bet, the player's initial deposit may be held hostage until the player hits the target turnover volume.
On the other hand, consumers have the ability to withdraw bonuses if they have not yet made use of them and are dissatisfied with the terms.
At the present time, the Financial Services Authority of St. Vincent and the Grenadines has granted ExpertOption a license to operate (SVGFSA).
This is a governmental entity that grants the firm permission to offer trade and financial services, which is evidence that the brand can be relied upon to be honest and open with its dealings.
Access to the platform is now available from the vast majority of places throughout the world; however, it is not yet permitted to accept traders from the United States.
Despite this, the site is often mulling over the possibility of expanding into new countries, and it is already accessible across most of Europe.
On its website, ExpertOption has an education component that is very detailed and instructive. This portion, which may be of great use to traders of all experience levels, can be found here.
Traders can educate themselves on the many trading tactics involved in the trading of indices, currencies, binary options, and other financial instruments.
Users get access to a number of articles and lessons that are focused toward assisting them in becoming more knowledgeable about trading selections. In addition to these courses, traders have access to a complete lexicon that contains all applicable trading words as well as meanings for those terms.
The social trading feature of the ExpertOption platform is perhaps one of the most forward-thinking aspects of the platform as a whole. With this feature, users are able to observe the behaviors of VIP traders and gain the motivation to experiment with new trading strategies based on the choices made by the professionals.
The following kinds of accounts are available with ExpertOption:
Mini Account perks include a bonus worth fifty percent, a maximum deal of fifty pounds, a cap on the number of active deals at ten at any given moment, and access to instructional resources.
The Silver Account offers the following benefits: an 80% bonus, a maximum deal size of £100, educational resources, a personal account manager, and a maximum number of 15 active deals at any given time.
Gold Account Benefits Include: a Bonus of One Hundred Percent; a Maximum Deal Amount of Three Hundred Pounds; Educational Materials; Personal Account Management; Consultation with Leading Trading Experts; Priority (Rapid) Withdrawals; Increased Profit on Assets; Unlimited Concurrent Deals; Educational Materials; Personal Account Management; Consultation with Leading Trading Experts; Consultation
The following benefits are included in a VIP account: a bonus of 125% of your initial deposit; a maximum transaction amount of £1000; access to educational materials; a personal account manager; priority withdrawals; consultation with leading trading experts; an increase in profit on assets; an individual analysis of your trading history; unlimited simultaneous trades; and no transaction limits.
This selection of accounts fulfills the necessities of the vast majority of clients. Every account may be customized to meet the specific requirements of the trader, in addition to being very flexible and providing a wide range of advantages.
Benefits: • Large maximum returns (up to 95 percent of winning trades) • Intuitive platform which is easy to use for beginners • Access via desktop and mobile apps • Lots of educational materials to suit traders of all experience levels • No commission on deposits and withdrawals • Large bonuses (for non-EU clients) • Personal account managers • Good analytical tools to help facilitate smarter trading • Several different funding options Benefits: • Low minimum deposit (just £10) • Large maximum returns (up to 95 percent of winning trades)
• Trading on a wide variety of instruments • Providing excellent service to customers
Negatives: (1) Trading from the United States is presently not permitted; (2) Short-term options; (3) Absence of regulation in Europe; and (4) Lack of support for MT4 and MT5
The ExpertOption platform is available for trading on a mobile or desktop device around the clock, seven days a week, and every day of the year. It is open twenty-four hours a day, seven days a week, and 365 days a year.
However, it is important to keep in mind that not all marketplaces are open around the clock! This implies that although ExpertOption may be accessible anytime you want to log in, trading is restricted to the hours during which the markets you intend to trade on are available. However, you can access ExpertOption whenever you choose to.
To give you an idea, the foreign exchange market in London is open from three in the morning until noon GMT.
On the other hand, the foreign exchange market in New York is only open between the hours of 9 am and 5 pm GMT. The Sydney market starts at 5:00 pm and closes at 2:00 am GMT, whereas the Tokyo market begins at 7:00 pm and closes at 4:00 am GMT.
Even while there are always possibilities to trade, if you are only interested in trading on select markets, you may find that your time constraints are more severe.
Both English and Hindi are available for use while contacting the customer support team at ExpertOption. Customer assistance is available around the clock, every day of the week, and response times are often quite quick.
Customers have the option of contacting customer service through e-mail, by telephone, or by filling out a customer care form that is integrated into the mobile app that is specific to ExpertOption.
Email: email@example.com Phone: +44 20 3868 3160 English Contact Information Email: firstname.lastname@example.org
Contact Information for Hindi is as Follows: Email: email@example.com
Phone: 000 800 442 0002
305 Griffith Corporate Centre, Beachmont, 1510 Kingstown, St. Vincent and the Grenadines — Registered Company Address.
The website of ExpertOption makes use of cutting-edge encryption methods to provide the highest level of confidentiality and safety for each and every transaction. This ensures that the data we store about our customers is protected.
Customers don't need to give their personal banking information when they use eWallet accounts to fund their accounts, which is something that many people consider to be an advantage in the fight against dishonest businesses and malevolent hackers who are set on obtaining financial data.
Because ExpertOption is registered with the essential government agencies in St. Vincent and the Grenadines, it has been recognized credible, transparent, fair, and trustworthy to provide financial services all over the world.
The cash belonging to customers are maintained in separate accounts at reputable financial institutions, which provides a level of safety in the event that the company suddenly goes out of business.
It is reasonable to state that traders who use ExpertOption are properly safeguarded against the risk of losing cash or having their data compromised due to the stringent IT procedures and laws that have been put in place to maintain compliance in the financial business.
ExpertOption has a number of key benefits over many of its rivals due to the fact that it is a well-established broker that also has its very own one-of-a-kind trading platform.
The fact that the brand is still competitive in terms of fees and commissions is more than enough of a reason for some traders to select it, despite the fact that some traders may complain about the absence of regulation in Europe and the absence of trading facilities for those who reside in the United States.
In addition to providing outstanding assistance to users, the website also has outstanding educational resources.
Whether they have a basic account or a VIP account, it is obvious that ExpertOption is a responsible broker that genuinely cares about the success of its clientele. This is true for both types of account holders.
The fees are among the lowest in the market, and bonuses can assist customers in increasing the amount of money they make from winning trades.
Traders from most countries, including Thailand, South Africa, Hong Kong, India, Norway, Italy, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, and Qatar, are welcome to participate in Expert Option's trading platform.
Traders from the United States of America, Canada, Switzerland, Israel, New Zealand, Australia, Singapore, Bulgaria, United Kingdom, France, Germany, Ireland, Denmark, and Sweden are not permitted to utilize the ExpertOption platform.
It is a point of pride for ExpertOption that their trading platform is the one with the quickest execution times since it makes use of the most recent technological advancements. When it comes to offering the best and most accurate quotations in the industry, there are virtually no delays at all. They make the trading platform accessible at all hours of the day and night, including on weekends, to maximize the likelihood of making winning trades. In addition to that, it offers round-the-clock assistance to customers.
ExpertOption is compatible with practically any device that is currently on the market and can be accessed from any location in the world. It provides a native-like experience to the user in addition to being convenient and offering various choices for customizing the experience. You may use ExpertOption on your desktop computer, laptop, or mobile device, such as a smartphone. Additionally, it is compatible with Windows, Android, macOS, and even iOS.
Vanuatu-based Expert Option is a foreign exchange (FX) broker firm. A company
that provides access to platforms that enable traders to purchase and sell
foreign currencies is known as a foreign exchange (Forex) broker. This answers
the question, "What is a Forex broker?"
Finding a respectable ExpertOption review, either locally or globally, may be a challenging procedure, particularly when it comes to locating a comprehensive list from a reliable and trustworthy source.
The following is an in-depth evaluation of ExpertOption that will assist you in making an educated decision regarding whether or not to establish an account with them or trade on their platform.
Retail forex brokers and currency trading brokers are two of the titles that are used to refer to FX intermediaries. Because retail currency traders employ these brokers to acquire access to the 24-hour currency market for theoretical reasons, there are some subtle distinctions between the two.
Forex brokers are able to offer their services not just to individual traders, but also to institutional clients and huge corporations such as investment banks. Individual traders are not the only customers that forex brokers may serve.
Expert Option is a foreign exchange broker that operates out of Vanuatu's capital city of Port Vila. 2014 marked the year when Expert Option began offering its services to traders, and the company now completes more than 30 million transactions every single month. There are presently nine million consumer accounts in their system. The objective of Expert Option is to provide customers with a completely transparent online trading environment.
In order to accomplish this, it gives its customers access to an easy-to-use trading platform as well as a wealth of instructional resources.
The provision of excellent customer service is undeniably the primary emphasis of this company, which employs more than one hundred account managers to cater to the diverse requirements of its customers. Additionally, Expert Options guarantees that its trading will be the quickest feasible in the business by utilizing its very own specialized platform.
When it comes to selecting a broker, a trader has to take into consideration the stability of the broker as well as the broker's reputation throughout the course of the years. In the area of foreign exchange, having awards bestowed upon a brokerage by respected organizations does, in fact, generate considerably greater trust.
During the many years that it has been providing services to traders, Expert Option has won a number of honors. Most notably, in 2017, they were recognized as having the finest trading platform at an industry convention.
A forex account is often provided to the trader by the broker for the express purpose of trading various market instruments and currencies. The trader maintains ownership of the forex account. In most cases, the number of accounts and types of accounts that a trader is permitted to create with a broker firm are determined not only by the broker but also by the nation in where the firm is based.
In most cases, the regulatory agencies that a broker must comply with are determined by the nation in which they have their primary place of residency.
The following kinds of accounts are available with ExpertOption:
The Mini Account includes a bonus of fifty percent, a maximum deal of fifty pounds sterling, a limit of 10 deals at a time, and access to instructional resources.
The Silver Account offers a bonus of 80%, a maximum deal of £100, access to instructional resources, a personal account manager, and the ability to have a maximum of 15 deals open at any given moment.
The Gold Account is an account that offers a bonus of one hundred percent, a maximum deal amount of three hundred pounds sterling, access to educational materials, personal account management, consultation with leading trading experts, priority for rapid withdrawals, increased profit on assets, and an unlimited number of simultaneous deals.
The VIP Account is an account that offers a bonus of 125 percent, a maximum deal amount of one thousand pounds, access to educational materials, a personal account manager, priority withdrawals, consultation with leading trading experts, increased profit on assets, individual analysis of your trading history, and unlimited simultaneous deals.
Every account may be customized to meet the specific needs of the trader, in addition to being very flexible and providing a wide range of advantages.
The following options are available for making deposits as well as withdrawals:
Credit/debit card (MasterCard, Visa, and Union Pay)
Perfect Money Bank Transfer Utilizing Fasapay
Even while the vast majority of payment methods are handled promptly, certain bank transfers may take up to several hours. All deposits are commission-free.
The minimal deposit is merely £10.
Commissions, spreads, and margins are the many types of expenses that are levied by different brokers. Before making the decision to trade with a certain broker, traders need to ensure that they have a complete understanding of the costs that will be incurred.
The explanations of a spread, a margin, and commissions are provided in the following passages: The difference between the bid rate and the asking rate of a currency pair is referred to as the spread of that pair.
A point of interest (pip) is the smallest possible change that can occur to an exchange rate. For currency pairs in which the Japanese yen serves as the term currency, one pip is equal to 0.01, but for all other pairs, one pip is equal to 0.0001.
To open a position, you will need to have a certain amount of money in your account, and this is referred to as the margin. The current price of the base currency in relation to USD, the size (volume) of the position, and the leverage that has been applied to your trading account are all factors that are considered when planning margin.
Commissions are the fees that a broker will charge a client in exchange for the privilege of doing transactions on the client's behalf. The level of commissions will vary from broker to broker, as well as depending on the various types of services, accounts, and trades that are executed by the brokers.
There are brokers that are just involved in the execution of trades and do not provide clients with any direct personal investing assistance. These brokers impose substantially lower commission fees on their clients, but the latter are required to exercise full discretion over their market trading strategies.
Although trading contract for differences (CFDs) is an outgrowth of trading that allows traders to speculate on whether prices will rise or decrease on rapidly moving global financial markets, it is still considered to be a kind of trading. When shares are traded in this manner, a commission will be charged.
CFD trading on various marketplaces do not involve any commission fees but do involve a spread that is wrapped around the price of the underlying product.
If you place a transaction that is successful, Expert Option will charge you a fee of £5. When it comes to pay-outs, the brand can take up to 5 percent on successful deals, which is lower than the usual for the sector, which is typically as high as 15 percent.
Spreads are subject to change based on the type of account that the user chooses, and they can be as low as 0.1 points in some cases.
Even though spreads on ordinary accounts often begin at a higher level, Expert Option is still a competitive broker that traders can choose to work with.
Leverage is the capability of enabling a trader to get greater exposure to the market than the quantity of money that the trader initially put in order to initiate a transaction. Products that use leverage can boost a trader's potential profits but also expose them to the possibility of incurring losses.
The level of leverage is expressed as a ratio, such as 50:1, 100:1, or 500:1 in the examples given.
If a trader has $1,000 in his trading account and is trading ticket sizes of 500,000 USD/JPY, for instance, that trader's leverage is equivalent to 500:1.
When using Expert Option, the user's potential leverage rates might change based on the different transactions they are contemplating.
The leverage is set at 1:30 for the vast majority of currency pairings, such as EURUSD. This level is mandated by regulation that has been granted official sanction, and it is consistent across all authorized brokerages.
The leverage on some of the more minor currency pairs, such as EURNOK, NZDUSD, AUDCAD, USDSGD, and EURPLN, is set at 1:20. On the Expert Options trading platform, the maximum leverage available for other types of transactions is 500 to 1.
Deposit bonuses may be quite enticing, and Forex brokers typically employ this tactic to entice traders to open new accounts with their companies. This may be quite helpful for novice investors, but one must be aware of what constitutes a reasonable bonus in order to make use of it.
A trader can be awarded a bonus as a kind of compensation for selecting a certain broker. This is due to the fact that when an account is established, the trader will be subject to the same costs as other traders. Once the trader has demonstrated that he is an active trader, he will be eligible to get the bonus, which is just a reward for the trader's decision that will reimburse part of the trader's costs.
In addition, the European Securities and Markets Authority (ESMA) has implemented investor protection measures on the marketing, distribution, or sale of CFDs to retail clients as of August 1, 2018. These investor protection measures prohibit brokers from directly or indirectly providing retail clients with a payment, monetary or excluded non-monetary benefit in relation to the marketing, distribution, or sale of a CFD, other than the realized profits on any CFD that is provided. These investor protection measures are in place in order to protect investors.
New traders can receive welcome bonuses from Expert Option of up to one hundred percent of their initial deposits, depending on the kind of account they select and the amount they deposit.
The trading software that brokers make available to their customers is varied. This is what people often refer to as a trading platform, and it is utilized in the process of making deals.
When referring to a platform, the term "multi-asset" refers to the fact that it enables customers to trade not only foreign exchange but also other asset classes, such as contracts for difference (CFDs) on stocks, stock indices, precious metals, and cryptocurrencies. A platform may also be multi-lingual.
Because a client's trading preferences are one of the primary factors that determine which platform they should use, that factor will also be one of the criteria they consider when selecting a broker.
Instead of using a third-party platform, Expert Option developed its own, which is totally modifiable and can be tailored to meet the requirements of every individual customer. It is connected with MT4, too.
This implies that all of the features that are accessible from Expert Option may be readily incorporated, regardless of whether the user is trading via a desktop computer or a mobile device. However, the disadvantage of this is that there are no additional support resources available from the outside.
However, due to the fact that the interface is so user-friendly, it is quite rare that consumers would want the assistance of other materials in order to comprehend how to trade using Expert Option.
The vast majority of brokers will make available for trading a wide variety of different forms of market instruments. Trading in cryptocurrency is a relatively new phenomenon that is rapidly gaining popularity.
There are many different kinds of cryptocurrencies, including the ones listed below: Since its inception in 2008, Bitcoin (BTC), which is the most well-known of these digital currencies, has been the one with the largest market capitalization as well as the highest price levels. It owns fifty percent of the overall capitalization of the cryptocurrency market.
After Bitcoin, Ethereum (ETH) has emerged as the second most important cryptocurrency; it allows developers to build "smart contracts" on a standardized platform.
Litecoin (LTC), which is also a cryptocurrency, is comparable to Bitcoin but has several key differences, particularly regarding its scalability. Litecoin is another extremely popular alternative cryptocurrency, and LTCUSD is a fork of Bitcoin (BTCUSD). A fork is when one cryptocurrency's code is copied and modified to create a new cryptocurrency.
Ripple (RPL), which uses the Ripple network as a next-generation real-time gross settlement system, is also widely used by major financial institutions. A trader may do quick, low-cost, cross-border money transfers thanks to this feature.
Last but not least, the Bitcoin hard split that occurred in 2017 resulted in the production of Bitcoin Cash (BCH), a new form of the blockchain that followed different regulations.
Commodity markets are your other available market instruments. These markets provide traders with a wide variety of asset trading options. During times of inflation or economic instability, investing in contract-based tradable commodities is a reliable approach to mitigate risk. This may be a very beneficial strategy.
Traders may also put their money in precious metals, which is another reliable investment. Trading of precious metals and other hard commodities like gold and other precious metals is included in this activity.
Your energy goods have a much higher level of risk due to the fact that they are influenced by both political and environmental conditions. Despite this, it is a common choice for trading because there is a large supply and demand for it.
Normal currency trading, also known as Forex trading, also known as currency or FX trading, involves the monetary exchange market, which is where individuals, companies, and financial institutions exchange currencies for one another at varying rates. Other names for Forex trading include currency trading and FX trading.
In the end, you will receive your Equity or stock indices, which are true indexes of the stock market. They determine how much the value of a certain unit of a stock market is worth. Either a particular stock market or a particular group of the top corporations in a country can be represented by these terms. They can also be used interchangeably.
The following is a list of the marketplaces that Expert Option gives its customers the possibility to trade in. However, the types of instruments that are available to traders will change depending on the nation in which they are based:
CFDs, Forex, Shares
Cryptocurrency, Commodities, Indices
The level of risk that traders are exposed to is decreased when a broker is regulated by a governing regulatory body. This will establish whether or not Expert Option is a reliable platform on which to trade. The website of Expert Option makes use of the most recent encryption methods to guarantee the highest level of confidentiality and safety for each and every transaction. This ensures that the data we store about our customers is protected.
Expert Option is subject to government regulation as a result of its registration with the necessary governmental agencies. As a result of this regulation, Expert Option is considered dependable, transparent, fair, and trustworthy to provide financial services all over the world. The Russian FMRRC is in charge of regulating it.
Those who are interested in trading need to have the reassurance that anyone they choose to invest with will provide them with the necessary support and help whenever and wherever they might require it.
The customer support team at Expert Option may be reached via phone or email, and they also provide the option of chatting with a representative in real time. Their customer care is available around the clock, and they often respond to inquiries quite quickly.
Customers have the option of contacting customer service through e-mail, via phone, or by filling out a customer care form that is integrated into the mobile app that is specialized to Expert Option.
Those who are interested in trading but have not yet started doing it should first learn as much as they can about the theoretical side of the business. Trading with confidence and being successful depends greatly on having information and awareness of the markets; as a result, the research options that are accessible by brokers are a crucial component of its characteristics when selecting the proper firm to trade with.
New customers of Expert Option should make it a priority to learn as much as they can about the many kinds of trading knowledge that will be required in order to be successful in the global forex and commodity trading markets.
It is expected that the website for Expert Option would supply all of the information that is required to acquire the skills and expertise necessary to trade profitably with them.
Expert Option has a number of key benefits over many of its rivals due to the fact that it is a well-established broker that also has its very own one-of-a-kind trading platform. It is very evident that Expert Option is a responsible broker that places a clear emphasis on maintaining their user base and works tirelessly to ensure that their customers are successful.
The new binary options broker headquartered in Cyprus known as Expert Option
offers something a little bit different than its competitors. Not only does
Expert Option offer a bonus on the initial deposit of anywhere from 25 percent
to 125 percent, but it also offers a bonus on subsequent deposits, which is
referred to as a "re-deposit" incentive. If you have an inactive account, you
may receive more trading capital by simply making a fresh deposit to reactivate
your account. This will allow you to access your account again and trade. In
addition, you may trade in over 100 different assets and test out the firm with
a sample account that has a $10,000 virtual currency balance. You may utilize
the site to engage in social trading on whatever device you want. There are
presently more than 3 million people using Expert Option. Read on for further
information on the Expert Option.
The China Forex Expo was held in Shenzhen on May 6-7, 2017, and Expert Option was awarded the prize for "Best Trading Platform" at the event. Expert Option is a binary options broker situated in Cyprus. The firm began its activities in 2014 and is steadily becoming a force to be reckoned with among binary options providers. The year 2014 marked the beginning of the company's operations. The Vanuatu Financial Services Commission has issued Expert Option with a license and regulates the company (VFSC).
More than one hundred different assets across five distinct asset classes are available for trading on Expert Option. Remarkably, Expert Option allows for the trading of cryptocurrencies, which is a feature that is not provided by very many platforms now available on the market. The following are the assets that are included on the Expert Option platform:
Commodities: Brent crude, gold. Forex pairs include USDCHF, EURUSD, USDNOK, AUDCAD, AUDUSD, EURGBP, USDJPY, CHFJPY, USDCAD, GBPUSD, USDTRY, USDCNH, and EURJPY. EURJPY is also included in this list.
The following are examples of indices: GER30, Dow30, S&P500, Nasdaq100, and FTSE100.
Apple, Allergant, Amazon, Alibaba, Baidu, Coca Cola, CitiGroup, Facebook, Ford, Disney, Goldman Sachs, Google, IBM, Lockheed, McDonald's, Microsoft, Netflix, Tesla, Yahoo!, Weibo, and YUM are some of the stocks that you should consider investing in.
Bitcoin (BTC) and Litecoin are examples of cryptocurrencies (LTC).
Bonuses & VIP programs
Traders gain deposit incentives on Expert Option. The degree of the bonus that is granted is determined on the type of account that is used. In principle, greater contributions attract larger benefits. The following is a list of the bonuses that are available for the different types of trading accounts on Expert Option:
A bonus of fifty percent will be awarded to mini accounts.
Bonus of up to 80 percent is awarded to silver account holders.
Gold account: The gold account comes with a bonus that is one hundred percent.
VIP account holders get a 125 percent deposit bonus. The VIP bonus is a special offer that comes with a lot of bonuses like very fast withdrawals and superlative account management. This bonus can only be claimed by existing players.
The "re-deposits" incentive is perhaps what sets Expert Option apart from its competitors and may be the thing for which it is most known. The re-deposit bonus is a reward given to previous traders of Expert Option who demonstrate a renewed dedication to trading by putting additional monies into their trading accounts. The incentive for making a subsequent deposit starts off at 25 percent, but higher percentages can be negotiated. Before any withdrawals can be processed, a certain amount of the bonus must first be turned over through trading.
Expert Option has what is considered to be one of the most sophisticated mobile trading apps now on the market. The mobile trading app for Expert Option is available for both iOS and Android devices, and traders may use either one.
At Expert Option, customers have a number of options to choose from when it comes to how they may deposit and withdraw monies. The following are some examples of these methods:
Credit card/debit card: You may make deposits and withdrawals using cards branded with the Visa, MasterCard, VISA Electron, and China UnionPay logos. Transactions are executed promptly, allowing you to begin trading as soon as they are submitted.
For those traders who do not have access to credit cards or digital wallets, there is the option of using wire transfers instead. The completion of a transaction might take between three and seven days.
Digital wallets: Neteller, Skrill, Yandex Money, Payweb, AliPay, and WebMoney are some of the digital wallets that may be used on Expert Option. China UnionPay is another one of the digital wallets that can be used. In addition to Sofort, GiroPay and QiWi are both acceptable payment methods. Transactions are handled immediately, and traders may really withdraw as little as ten dollars, which enables them to collect gains in increments of any size and build it up to a level that warrants a substantial payment.
The amount of time it takes Expert Option to complete transactions is on par with what is available in the market generally.
The customer support service offered by Expert Option is available in a number of languages, including French, English, Spanish, Malay, Filipino, Mandarin, and Portuguese. You can get in touch with the customer service desk using any one of the following channels:
A live chat feature that is accessible around the clock, five days a week.
Email: The best way to get in touch with the Expert Option team is to send an email to firstname.lastname@example.org.
Dial the designated phone number, which is +44 20 3868 3160, on your phone. There are representatives accessible who are fluent in the languages presented above who can accept your requests.
The level of customer service that ExpertOption provides is of a very high caliber.
The following is a list of some of the unique features that are available on the Expert Option platform:
Every trader has access to a 10,000 dollar virtual trading account.
There is a fully operational teaching package available, which includes an encyclopedia of different trading methods and technical evaluations.
Users have the ability to earn money by referring their friends to Expert Option thanks to the affiliate program that the company offers.
With the Asset Schedule, you'll never miss your favorite transaction, and you won't have to spend all day staring at the charts. The Asset Schedule will provide you with the optimal trading hours for the asset that is now your favorite.
Are you interested in getting up to speed on the trade of cryptocurrencies? Utilizing the Expert Option platform, you may engage in trading of Bitcoin and Litecoin.
Even though it has only been on the market for three years, Expert Option is steadily gaining popularity among traders of binary options in more than one hundred and fifty countries across the world. To ensure that the needs of the trader are met first and foremost, the firm has included in its product a significant number of user-friendly features. The use of Expert Option as your primary binary options broker comes with a number of benefits, some of which are detailed below.
Tools for technical analysis include four types of charts, eight indicators, and trend lines.
Traders are able to view transactions and keep up with markets all across the world thanks to a feature called social trading.
There are over one hundred assets available, including well-known equities like as Apple, Facebook, and McDonald's, and there are plans to add even more assets in the near future.
Additional motivation to trade can be gained by re-deposit bonuses.
The desktop application component of the Expert Option platform is offered to users of both the Mac and Windows operating systems. When it comes to buying and selling software, there should be no more prejudice against Mac users.
It is possible that the only problem that Expert Option suffers is the fact that it is governed by one of the less important businesses in the industry in terms of the regulatory authorities that are involved. For Expert Option to consolidate its position in the industry, it may be necessary for the company to obtain licensing from one of the more prominent regulatory agencies.
The following is a list of some of the questions that customers have asked most frequently about the Expert Option platform:
Is it possible to put your faith on Expert Option? Within the realm of binary options, Expert Option is regarded as a reliable and reputable broker. Despite the fact that the firm is subject to regulation by the VFSC, there are currently no outstanding charges against it.
What is the lowest amount that may be deposited using Expert Option? The smallest amount that may be placed into a Mini account is fifty dollars, which is also the least amount that can be deposited into an Expert Option account. There are also several account categories, each of which has a different minimum deposit requirement: the Silver account requires a deposit of $250, the Gold account requires a deposit of $1,000, and the VIP account requires a deposit of $2,500.
What kinds of platform versions are there to choose from on Expert Option? You can trade using the following platforms: a browser version, a downloaded desktop version, as well as a mobile app. Expert Option gives you all of these options.
Is it true that Expert Option is a fraud or not? The broker known as Expert Option is a reputable one. There have been no allegations of fraud leveled against the firm.
I'm interested in trading on Expert Option; is that possible? Yes, you can. You are able to trade a variety of assets on the Expert Option platform; one of those assets is bitcoin.
Am I able to cash out my bonuses? The provision of additional trading capital is the primary purpose of the bonuses. You have to complete the trade turnover requirements that are associated with the bonus before you will be allowed to withdraw it. Please see the Bonus Conditions document located on the Expert Option website for further information.
People who are looking for a broker that offers a quick online trading platform might choose Expert Option. Their trading features are accessible to both newcomers and seasoned professionals alike. A demo trading account as well as a bonus of one hundred percent are both available through ExpertOption.
Expert Option is not a fraudulent company; rather, it is a registered internet broker. They provide over 120 different assets that may be traded, ranging from stocks and cryptocurrencies to commodities and forex. Their social trading tool is one of the most cutting-edge offerings available in the market today. It gives beginning traders the ability to copy and paste trading tactics used by more experienced traders. Their online trading platform is available for use by traders from all around the world, with the exception of traders based in the United States and the United Kingdom. Traders enjoy their trading software, which requires a minimal minimum deposit, and the possibility to receive a bonus of 100 percent.
ExpertOption is a binary options trading platform that was established in 2014 and is supervised by the Vanuatu Financial Services Commission (Lic. 15014). From the very early on, they have had its headquarters at Port Villa, which is located in Vanuatu.
Online broker Expert Option is regulated by both the VFSC and the FMRRC. It is reliable, and the broker is not a con artist.
Their trading platform is intuitive and user-friendly. It is an excellent choice for both novice and experienced traders alike.
Due to the presence of a social trading function, ExpertOption is an excellent option for novice traders.
The number of tradable assets that traders can pick from is limited to 120.
The objective of this investigation is to provide answers to these issues that are as exhaustive as is practicable.
The trading platform is intuitive, in-house developed, and only available to registered users. This platform is only accessible to customers who have previously registered. The execution speeds are fast and accurate at the same time. The resource may be accessed at any time, day or night. Both a desktop and mobile version of the trading platform are made available to users. It may be accessed on a variety of platforms, including the web, iOS, Android, Windows, and MacOS.
There are five distinct trading accounts available with Expert Option:
The basic account is designed with novice traders in mind and provides a low barrier to entry. Just $50 is the bare minimum that must be deposited into the basic account. Traders will already have access to instructional resources and will have the right to place orders because of this.
Silver: The Silver account type is an upgraded version of the Basic account type. Silver accounts include more sophisticated features. The characteristics are comparable in most respects. The difference lies in the increased depositing limitations as well as the potential trade volume. The holder of a Silver account may trade up to $250 (the holder of a Basic account can only trade $25) and can conduct up to 25 deals simultaneously. The number of basic account holders can only have ten. Members with a Silver account can communicate with a dedicated personal account manager.
Gold: The Gold account type is reserved for more seasoned investors who plan to trade in bigger quantities. When opening a Gold account, the minimum deposit amount of $2,500 is required. Traders can benefit from additional features that are not available on the Basic or Silver accounts with this account type. Customers who have upgraded to the Gold plan get exclusive access to handpicked market reviews and insights. These marketplaces generate a profit of at least 2% of their total sales. Members of the Gold account tier are able to conduct up to 30 trades simultaneously. Their requests for withdrawals are given more priority while being handled.
Customers that make a deposit of at least $5,000 are eligible for the Platinum account, which they can create if they so want. There is no difference between the Gold and Platinum accounts in terms of the features they offer. Traders with Platinum accounts are able to conduct an unlimited number of transactions at the same time. They now anticipate that their overall profitability will be 4 percent higher.
The Exclusive account type may only be obtained by personal invitation. Customers with exclusive accounts might see a boost in their profitability rate of up to 6 percent. They are able to do transactions worth more than $5,000 all at once. The most prominent advantage that comes with having an Exclusive account is having priority access to customer assistance.
All of the functions that are accessible on the regular account are also accessible on the demo account. It provides novices with an excellent opportunity to evaluate both their trading talents and their trading strategy. When starting out on a demo account, research has shown that users lose less money overall.
The demo account is available to advanced traders so that they may practice
the implementation of new indicators. Users are given a virtual sum of $10,000
when they sign up for the demo account.
As of the month of February 2020, ExpertOption does not provide any kind of incentives or promotions of any kind. Having said that, they do provide an affiliate program to which one may submit an application. Affiliate partners are eligible to get between fifty and sixty percent of ExpertOption's total income, the amount of which is directly proportional to the number of new customers the respective affiliate partner has brought in for the brokerage. However, it is vital to keep in mind that affiliate agreements can be quite difficult to understand. Before getting engaged in any affiliate activity, you need to make sure that you have thoroughly read and understood the affiliate agreement.
The instructional resources provided by ExpertOption are extensive and diverse. They include both video courses and webinars, in addition to a comprehensive vocabulary. The purpose of these instructional resources is to assist traders in developing a better understanding of the psychology of trading. Users may also receive daily market analyses and the latest news updates provided by them.
Customers have a broad selection of options available to them when it comes to how they may initiate deposits with ExpertOption. Credit or debit cards operating on the Visa or MasterCard networks are one example of the variety of available payment methods. Skrill, Neteller, Perfect Money, FasaPay, Maestro, and UnionPay are the payment methods that users can use to deposit money. They also have the option of utilizing electronic wallets that include cryptocurrencies such as Bitcoin, Litecoin, and Ripple.
The Vanuatu Financial Services Commission is in charge of policing Expert Option's activities (Lic. 15014). The responsibilities of the FMRC include ensuring that ExpertOption complies with all applicable laws currently in effect. Since the beginning, they have had its headquarters at Port Villa, which is located in Vanuatu.
The cash belonging to customers are kept in separate accounts by financial institutions that have a high investment rating. Always and at every stage of the trade process, a high-level encryption system is in operation.
Support for customers is available around the clock through Expert Option's customer care department.
You may contact their customer care team by sending an email, calling them, or chatting with them online.
You can contact us by calling +44 20 3868 3160 or sending an email to English@expertoption.com. We also accept calls.
In addition to that, the primary website for ExpertOption is available in a total of 12 distinct languages.
ExpertOption is a legitimate online broker that is licensed by the VFSC. It is well-known for its feature-rich trading platform, cheap depositing trading accounts, a wide choice of tradable assets, and excellent customer service. Traders who are seeking for a licensed options broker with a spotless track record and a reliable trading platform are encouraged to give it a try. It is an excellent tool for traders of any experience level.
The trading platform offered by Expert Option is well-known for being both complex and easy to use. The platform distinguishes out in the market because of its cutting-edge instructional and statistical analysis features. Traders have a lot of options, but one of the best is ExpertOption since their withdrawal process is both quick and safe.
Finding a trustworthy broker is just as important as finding a reliable
broker. In today's world, the internet is rife with fraudulent activities and
brokers that cannot be trusted by their clients. When we trade, we want to be
sure that our money is going into a reputable company that also gives us the
opportunity to make informed decisions. Expert Option makes the claim that it is
a trustworthy, knowledgeable, and open online broker. What kind of a track
record does the Expert Option have? Is it a hoax or doesn't it? Does the product
live up to its reputation as the alternative preferred by specialists? In this
analysis, let's figure out the answer together.
Expert Option was founded on the principle of maintaining complete openness across all aspects of the business. Since its founding in 2014, the company has made providing clients with a digital trading experience that is 100 percent honest and transparent a primary focus of its offerings. Expert Option makes available to its customers trading platforms that are intuitive to use and instructional resources that are of great use to them throughout their trading careers. The company makes a commitment to providing the best customer service possible, the value of simple yet powerful platforms, the provision of quick trading executions through the utilization of cutting-edge technologies, and the role of being a reliable broker by going the extra mile for their customers' requirements.
Some information on Expert Option:
2014 marks the beginning of our transparent trading journey.
Provides lightning-fast trade execution Provides access to more than 100 assets
Provides a trading environment that is open and honest.
platforms that are easy to use while yet being strong
Respects the requirements and preferences of the customers
When selecting a broker to do business with, regulation and authorization are the most important aspects to take into consideration. These aspects serve as evidence that the broker or firm in question has satisfied all of the requirements necessary to do lawful business. The Vanuatu Financial Service Commission, often known as VFSC, is in charge of regulating Expert Option. The business goes by its full name, which is ExpertOption Ltd. The registration number for this business is 22863, and it can be found in Saint Vincent and the Grenadines at 1510 Kingstown, Suite 305, the Griffith Corporate Centre. Payments are handled by Vestede Limited, which has its headquarters in Gibraltar and is a corporation with the number 116061.
Additionally, the Financial Market Relation Regulation Center monitors and authorizes all of this broker's activity, so you may feel safe investing your money with them (FMRRC). This is a non-governmental organization in Russia that is responsible for volunteer oversight. We are able to state that this broker is authorized, regulated, and a genuine business that is actively working.
Every single trader places the utmost importance on protecting their financial resources as well as their assets. Expert Option asserts that it was established with the goal of providing its customers with a trading environment that is open and honest. The company makes a commitment to giving accurate quotations to its customers based on real-time market data that is supplied by the industry's most reputable analytical firms.
In addition, in order to ensure the safety of its customers, Expert Option has been validated by both Visa and MasterCard. Due to the use of SSL encryption on the website, every piece of information is protected using the most advanced cryptographic techniques. Additionally, the client's money are kept separate from ExpertOption's own funds and are stored in accounts with investment grade-A institutions. The firm does all in its power to maintain an honest and open relationship with its customers. Additionally, the brand places a high priority on the confidence of its retailers. In light of this, dependability and trustworthiness are two qualities that are of the utmost importance. Extra stability is provided by Expert Option, which ensures that the firm goes above and beyond what is required to fulfill the requirements of its customers. We are in a position to declare that Expert Option is a trustworthy and dependable broker.
Expert Option is a global trading platform that was founded with the goal of giving its customers with a trading experience that is open and honest. This particular broker allows traders to trade on more than one hundred different underlying assets and also provides trading in binary options with a high yield of up to ninety percent. You are able to trade a variety of different currencies, just as with a Forex Broker. The fact that Expert Option's platform was designed from the ground up by the company itself gives it an advantage over competing platforms.
This platform enables lightning-fast execution and has sophisticated analysis capabilities at its disposal. During the China Trading Expo that took place in Shenzhen in May 2017, Expert Option was awarded the title of "Best Trading Platform." This award demonstrates that Expert Option's platform is simply dependable and is living up to its promise.
A synopsis of the regulations and the safeguards for financial transactions:
Transparent Segregates client's funds in grade-A banks
Authenticated with both Visa and MasterCard
Encryption through SSL is used on this website.
Provide accurate quotations
Both Visa and MasterCard have validated Expert Option's business. Because SSL encryption is utilized on this broker's website, you can rest certain that your information is protected by the most robust cryptographic techniques. In addition, because the mission of this broker is to provide its customers with complete transparency, the company assures its customers that it will provide information regarding funds, that it will keep customers' money separate from the company's funds, and that it will keep those funds in accounts with investment grade-A banks.
Additionally, the brand places a high priority on the confidence of its retailers. Extra stability is provided by Expert Option, which ensures that the firm goes above and beyond what is required to fulfill the requirements of its customers. Customer service is available around the clock, seven days a week, so people may contact them whenever they need assistance.
Traders should be aware of the following information:
Offers in excess of a hundred different assets
Provides trade execution that is extremely quick.
Provides a trading environment that is open and honest.
The bare minimum required for a deposit is $50.
Platform multi-platform that was built just for your needs
Safe and dependable in every way
Customer service that is regulated round-the-clock
Demo account available for free, with free virtual money totaling $10,000.
Trading on Expert Option is made easy while yet providing access to advanced features. During the China Trading Expo that took place in Shenzhen in the month of May 2017, the firm was awarded the title of "Best Trading Platform."
Traders are provided with the ability to take use of sophisticated analytical tools thanks to the user-friendliness and availability of educational resources provided by the platform. These tools allow traders to develop and make judgments based on accurate information. ExpertOption commissioned the development of a bespoke technology that allows for the lightning-fast execution of trades while also providing an accurate pricing feed. This platform may be accessed from any of your devices.
It is downloadable for use on desktop computers (running either Windows or macOS), as well as mobile platforms such as Android and iOS. The downloading process is quick and simple. You may download the application for your desktop by following the link that is located on the official website of Expert Option, which you can access by clicking here.
It does not cost anything to download. You may acquire it from either GooglePlay or the App Store on your mobile device or tablet. Clients get access to more than one hundred different trading assets and a diverse selection of equities thanks to the platform. It is simple to use, and you may anticipate receiving live quotations in real time.
In addition, the Expert Option trading platform may also be accessed directly through a web browser, negating the need to download an application. In addition, the platform may be accessed using any web browser of your choice and is compatible with all of them. Therefore, another advantage of the platform offered by the organization is that it enables its customers to engage in trading activities with less effort.
Features of the Expert Option Trading Platform: Compatibility with any and all types of devices
Specifically Developed Cutting-Edge Analytical Instruments
Provides trade execution that is extremely quick Provides Mobile Trading Platform That Is Both User-Friendly And Powerful
Real-time live quotations
In trading, the most important skill you need to have is being able to analyze markets and the volatility of those markets. Charting gives you a greater understanding of how the market is moving, whether it's going up or down, and allows you to observe it more clearly. You are able to determine if you should purchase, sell, or do nothing at all by using charting. When there is a high level of volatility, the value may possibly be stretched out across a broader range, and the price may vary quickly in a short amount of time in either the direction it goes or in both directions.
Candlestick charting has quickly become the most common kind of charting, and most traders are utilizing it. The changes of the price on a financial chart may be described and identified using a chart style called candlesticks. This encompasses the price movement of the derivative, the securities, and/or the currency. It is common practice for each candlestick to represent a single trading day; hence, the chart may display 25 candlesticks if there are 25 trading days in a given month. The bars of the candlestick are in the shape of rectangles and have upper and bottom lines. The body of the candlestick is represented by the rectangle, and the lines are known as candle shadows.
These rectangles include the open price, the high price, the low price, and the closing price respectively. The price that was in effect when the interval started is referred to as the open price. The high price represents the highest possible price during this time, whilst the low price represents the lowest possible price. The closing price is, in essence, the price at which the interval came to a conclusion.
There are two primary classifications of candlesticks, namely the Bullish Candle and the Bearish Candle. A bullish candlestick pattern will show an increase in price along with an opening price that is lower than the price at which the candle was drawn, whereas a bearish candlestick pattern will show a decrease in price along with an opening price that is higher than the price at which the candle was drawn.
Because of its ease of use, candlestick analysis is most frequently employed by traders. If a trader is able to recall and understand the fundamental laws of candlestick charting, then that trader has a better chance of anticipating the future movement of prices and making profitable trades as a consequence of their abilities.
In addition to this, Expert Option gives its customers the ability to trade from the palm of their hand. Mobile trading is widely recognized as the trading solution that provides traders with the greatest degree of portability and mobility. Traders may now conduct their business whenever they like and from wherever they are as long as they have access to the internet. Expert Option's trading platform has been specially created in-house to make it superior to those offered by other brokers. It executes trades extremely quickly, provides clients with access to a diverse selection of equities, and has more than one hundred different trading assets available. Traders may anticipate receiving real-time live quotations, and the interface is simple to use. It offers sophisticated analysis features and a user interface that is deceptively straightforward. Additionally, there is no charge for the download. You may buy it from either the AppStore or GooglePlay (for Android) (iOS).
Characteristics of the Mobile App:
Specifically built, it provides trade execution that is extremely quick.
platform that is both user-friendly and powerful.
Real-time live quotations
Tools for advanced analytical work
Mobile trading with customer support and a secure environment
A person has to not only know how to trade, but also know what it is that they want to trade on in order to make effective deals. Trading binary options constitutes the primary focus of Expert Option. A binary option is a specific type of financial option in which the payment can either be a predetermined sum of money or absolutely nothing at all.
To begin, you will need to make a decision or pick an asset that you wish to trade on. The next step is to determine how much of an initial investment you are willing or eager to make. Set the time at which the deal should be completed. After that, you will be able to predict whether or not the price will move up or down.
Please be warned that trading binary options involves a lot of complexity and carries a significant amount of risk. If you are unable to demonstrate an in-depth comprehension of the operation of binary options, you run the risk of losing all of your money. Before going live with your trading, we strongly advise opening either a demo account or a practice account first. This will help you avoid making unintended trade executions.
Tutorial with step-by-step instructions for trading:
Make a decision or pick an asset to trade in.
Determine the amount that you are willing to invest.
Determine the time that the trade should come to an end.
Determine if there will be an increase or decrease in the price.
Activate the market
Attend the outcome for now (end of expiry time)
Before you start trading with real money, you should get some practice under your belt by signing up for a free trial account first. The reason for this is because trading involves a significant amount of risk. You might end up losing all of your money and/or investments if you make a mistake when trading. It is advisable to practice your trading style and trading techniques on a demo account if you do not understand how trading works or how to trade if you do not understand how trading works.
A free demo is provided by Expert Option, and it enables users to practice trade executions and develop their own trading strategies using free virtual cash to the value of $10,000. If you go to the official website of Expert Option, which can be found at https://expertoption.com/, you will be sent to a demo account automatically. Alternately, if you are on the site, all you have to do is click the button that says "Try free demo," and you will be sent to the demo account.
Expert Option, a prominent broker, provides its customers with the option to select the type of account that meets their needs and preferences the best. The Micro Account and the Basic Account are ideal for those individuals who favor getting started with a minimal investment, and both of these account types allow for a maximum of ten open deals at once. The maximum wager amount for a Micro deal is ten dollars, whereas the maximum bet amount for a Basic deal is twenty-five dollars. As an extra perk, the Silver Account provides daily market analyses and studies on the financial markets. The maximum sum per deal is $250, and the maximum number of open deals that may be open at the same time is 15. All of the advantages are available for the Gold, Platinum, and Exclusive tiers, but they also have the added benefit of expedited withdrawal. In terms of the maximum number of open deals at the same time, Platinum and Exclusive have no restriction, whilst Gold only has 30.
The following types of accounts are available with ExpertOption:
Micro ($10, maximum offer $10)
Basic ($50, maximum deal $25)
Silver (maximum transaction of $250, $500 purchase price, daily market research and news)
Gold (two thousand and five hundred dollars, with a maximum transaction of one thousand dollars, daily market news and research, priority withdrawal, and an improved asset profit of two percent)
Platinum ($5,000, maximum deal of $2,000, daily market news and research, priority withdrawal, and an improved asset profit of 4 percent)
Exclusive (only invitations will be accepted, maximum deal size of $3,000, daily market news and research, priority withdrawal, and improved asset profit of 6%)
Creating an account with Expert Option is a straightforward and speedy process. You may sign up using your Google or Facebook account, as well as any other social media account you have access to. All that is required of you is to provide an email address that is currently being used and to create a password. The amount that you are required to deposit into your account may vary according on the type of account that you establish; nevertheless, the minimum deposit required for a genuine account with ExpertOption is $50.
Expert Option provides customers with a quick and easy method for making deposits and withdrawals. When working with this broker, you have access to a number of different payment options. It provides the customers with a number of alternatives to choose from, and it provides the broker with a method to assist the customers in accelerating the process. Over 20 different payment methods are supported by Expert Option.
Customers have the option of paying using a credit or debit card that is compatible with Visa, MasterCard, Maestro, or UnionPay. Additionally, it is compatible with several forms of electronic payment, including Neteller, Skrill, Perfect Money, and FasaPay, amongst others. Additionally, Expert Option is the owner of eo.finance, which serves as a platform for conducting transactions including payments and funding.
The following are acceptable forms of payment:
Electronic Organizer Transfer eo.finance
WebMoney, PayPal, QIWI
Money from Yandex
Skrill, UnionPay, PM
The eo.finance wallet is the payment mechanism that is exclusive to Expert Option. It is a licensed cryptocurrency wallet that supports more than 20 different currencies in addition to debit and credit card transactions. This is a cryptocurrency wallet that lets you to buy cryptocurrencies with fiat cash. This means that you may buy the assets yourself and then transfer them to your wallet holdings or even trade them on other platforms once you have purchased them. Customers are able to add cash to their accounts quickly and conveniently using a variety of methods, including bank cards and wire transfers. Because ExpertOption is compatible with any cryptocurrency wallet and exchange, customers may use eo.finance to store and manage their funds without any hassle.
eo.fonance is a safe and reliable payment platform, and it holds licenses FRK000161 and FVR000193 from the Estonian Financial Intelligence Unit. This payment platform provides customer service around the clock and is always working to expand its product offering in order to better meet the needs of its users.
You may get in touch with their customer care team by live/online chat, email (email@example.com), or by calling (+44) 208 0893 657.
Customer service at Expert Option is of the highest caliber. The customer service agents or reps are personable, easy to get in touch with, and professional. The organization is dedicated to offering exceptional customer service and maintaining a reputation as a trustworthy broker by going above and beyond for the requirements of their customers. You have the option of contacting assistance through telephone, e-mail, or real-time chat.
The online trading platform known as ExpertOption enables users to trade a
wide variety of financial products through an intuitive user interface that has
been thoughtfully built. Trading may be done through either their website or by
installing one of their applications onto your device.
Since it first began offering its services in 2014, the platform now completes more than 30 million transactions every single month. More than 37 million user accounts have been created up to this point.
Customers come first for ExpertOption, which is why providing excellent service to clients is the company's most important value. There are over a hundred account managers, and the priority of each one is to satisfy the requirements of their clients.
Additionally, the organization strives to be trustworthy and user-friendly, making it feasible for virtually anybody to begin trading. Lastly, it attempts to facilitate the most rapid trade possible by utilizing cutting-edge technology.
Continue reading as we present an in-depth analysis of ExpertOption, and learn all you need to know about the platform.
Opening an Account with ExpertOption The minimum deposit required to open an account with ExpertOption varies depending on the account type that you choose, however the absolute minimum is $50. In addition, ExpertOption uses KYC practices to confirm your identity in order to avoid fraudulent transactions and the laundering of illicit funds.
In most cases, ExpertOption requests that prospective customers provide paperwork that may be used to verify both their identity and their address.
Although the broker's website does not provide any explicit criteria for submitting these papers, it is reasonable to presume that ExpertOption adheres to the same standards as other brokers in this area. It is most likely that the evidence of identity must be given by the government and must, at the very least, include your photo, name, and date of birth.
It is possible that the proof of address has to be an official document or a bill in which both your name and address are presented in a legible manner.
Account Types and Minimum Deposits In contrast to the majority of brokers, which provide their customers with access to only one or potentially two account types, ExpertOption provides access to a wide variety of account options.
It is also interesting to note that unlike many brokers, ExpertOption creates account tiers based on the size of your investment rather than on your verification level, and you have the ability to upgrade to a higher account level if you so choose. This is in contrast to the practice of many brokers, who create account tiers based on verification levels.
ExpertOption makes accessible five distinct types of accounts, each of which comes with an increased range of features at the cost of a higher starting capital need.
You simply need to make a deposit of $50 in order to open a Basic account, but if you're ready, you can upgrade to a more advanced status level.
The Silver accounts are the most typical beginning point, and they have a minimum deposit requirement of $500.
The minimum deposit for a gold account is $2,500, while the minimum deposit for a platinum account is $5,000.
Invitations are required in order to access exclusive accounts.
Select Your Preferred Account Type
All of the instructional resources are accessible to anyone with the Basic account tier. You are limited to a maximum of ten active offers at any given moment, and the total value of each bargain cannot exceed $25. Silver accounts come with a meeting with a personal manager as a standard perk.
They raised the number of maximum transactions allowed to 15, and the cost of the maximum deal was increased to $250. In addition to this, you will get access to daily market evaluations and financial research. The Gold accounts allow for 30 open deals to be conducted simultaneously at a maximum of $1,000 per transaction.
In addition to this, they incorporate priority withdrawals and a boost in asset profit of up to 2%. Those with Gold accounts and higher levels also get priority when it comes to making withdrawals.
Platinum accounts have a maximum transaction limit of $2,000 per deal, and there is no cap on the number of active deals at any given time. You will receive an account manager in addition to the enhanced asset profit, which may reach up to 4 percent.
Exclusive account holders are granted the services of a senior account manager, a rise in asset profit of up to 6 percent, and a maximum deal value of $5,000. Access to tactics is also included with this sort of subscription.
Take note that the least amount of money that may be invested in a single trade is $1, and this applies to all types of accounts. It is also essential to be aware that in order to make use of certain account perks, the customer must first send an email requesting the feature's activation, after which it will be manually activated.
Recent changes made by ExpertOption include the introduction of a substantial new update that provides first-time depositors with bonuses equal to one hundred percent of their first deposits. Traders are able to claim a much needed boost to begin trading thanks to the implementation of a bonus system, which is partly due to the popular desire for such a system.
Traders have one hour after opening their account to take advantage of the one hundred percent bonus, which can be claimed on deposits as low as thirty dollars, and the bonus may be claimed at any time.
If you choose to accept the bonuses that are offered by ExpertOption, you will still be eligible to withdraw your money at any time, which is an important aspect of the company's bonus policy. Unlike with other brokers, accepting bonuses at ExpertOption will not affect your ability to withdraw money.
Existing traders are eligible for the incentives as well; however, the percentage that is provided to them varies from the percentage that is provided to new customers making their initial deposit.
Which Trading Instruments Are Available Through ExpertOption? Clients have the ability to trade a variety of assets while using ExpertOption. These assets include cryptocurrencies, stocks, shares, FX, and commodities.
When it comes to trading pairings involving fiat currencies, ExpertOption offers all of the main crosses, including CHF, EUR, AUD, USD, NZD, and GBP.
Coca-Cola, Tesla, Amazon, and Baidu are some of the companies represented by these shares.
When it comes to commodities, you have the option of trading in gold, silver, and oil.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, Bitcoin Gold, Dash, Ethereum Classic, Litecoin, IOTA, Monero, Tether, and Zcash are some of the cryptocurrencies that ExpertOption makes available to its customers. The company's cryptocurrency products are absolutely exceptional.
Customers have the opportunity to test out the platform and improve their trading abilities via the use of a demo account that is provided by ExpertOption. Demo accounts come pre-loaded with a starting balance of 10,000 in fictitious currency. There is no need to register for this event. After clicking on the link, you will immediately be sent to a short movie with the title "How to trade," which will serve as a tutorial for navigating the trading platform.
You can get a good sense of how your trading strategy might function with ExpertOption by using the demo account. The price on the demo account is the same as the pricing on the live account, so you can use it to get an exact picture of how things would work with the live account.
ExpertOption is distinguished from its competitors in part due to the fact that it is not necessary to register in order to set up a demo account. This indicates that you are not need to enter any personal data in order to get a feel for the platform or for the financial instruments, such as those that are offered on ExpertOption.
When individuals find out that ExpertOption will not have any data on them when they register, it gives them a sense of increased safety. Due to the absence of a registration prerequisite for a demo account, ExpertOption is unable to exert any form of pressure on you to register a real money account once you have completed the demo. After all, the broker won't have any of your contact information in their database.
Depositing with ExpertOption: To fund your trading account with ExpertOption, use the Finances tab located on the main bar to the left of the trading interface. Select the Deposit menu option (which should open by default). Select the mode of deposit, the currency, and the amount, and then press the submit button.
The most popular credit and debit cards, such as Visa, MasterCard, and Maestro, as well as cryptocurrencies and other choices can be used to fund an account while making a deposit. UnionPay, WebMoney, Neteller, Skrill, Perfect Money, QIWI, Fasapay, and Yandex Money are some of the additional payment methods that are available.
Remember that the minimum deposit for ExpertOption is merely $50 when you are in the process of placing cash into your account since the minimum deposit for ExpertOption is just that. You will have a Basic account after this amount has been deposited into it. In addition, the maximum amount that may be deposited is capped at $3,000. This is most likely due to payment constraints.
Trading Platform for ExpertOption: The majority of companies that compete in the field of trading opt to make use of an existing platform rather than developing their own in order to save time. On the other hand, ExpertOption developed its own platform so that it could be fully customized and adapted to meet the requirements of the company's typical customer.
This indicates that all of the features that are provided by the broker are fully integrated into the platform that is provided by ExpertOption. The negative is there are no outside support resources accessible for the platform.
Even so, its intuitive nature combined with ExpertOption’s customer support means that outside resources are not likely to be necessary to understand the platform.
Trading on ExpertOption: You can easily view the trading platform yourself by clicking on “Demo Account” on the homepage. The focus of the platform is the main graph, which displays prices of your chosen asset with real-time figures.
The main graph lets you hover over any point and see the specific time as well as the price at that point.
Expert Option Trading Screen: The top-left corner of the graph features a drop-down menu where you can select one of the 100 or so stocks and assets to view. Here, you can either choose one of the top instruments, use the search bar, or browse by asset type.
To the right of each instrument, you will see the current percentage and percentage change. After selecting your asset, select from one, two, three, four, or five minutes.
When you hit “Apply,” the graph will update automatically, as will the information in the sidebars. It is also possible to adjust the layout of the chart and split it, so you can view the charts for more than one asset at a time. This last feature is particularly helpful for those who trade multiple markets.
Trade Cryptocurrencies: Use the controls on the graph to view past prices at your preferred date. To the right of the asset drop-down menu, you will find useful tools to help you analyze the price graph. They are divided into buttons for charts, indicators, drawings, and social trading.
Use these buttons to switch among four chart types: area, line, bars, or candles. Indicators include MACD, awesome oscillator, RSI, fractal, parabolic SAR, alligator, Bollinger bands, and moving averages.
Clicking on any of these indicators lets you customize it fully. Using the drawings button, you can add rays, vertical lines, or horizontal lines.
Trading Indicators: Clicking the social trading button toggles icons of trades from other ExpertOption clients either on or off, so you can view when and how much they traded.
To the right of these buttons, you also have the choice of three different layouts to choose from.
Social Trading: The trading panel is near the bottom of the graph. It displays the deal amount of a given trade, as well as your potential profit. As you adjust the deal amount, the profit is automatically adjusted.
You will notice that the potential profit is represented as a percentage on the red and green buttons on the right side of this panel. Immediately above each button, you will see the potential profit or loss. You can also adjust the strike rate here.
Along the left side of the screen, you will see buttons for Trade, Finances, Profile, Apps, Analytics, Education, Help, Setting, and Exit. The Trade button displays the graph and all the above features.
The Finances button shows you details of your account, including the type of account you have and your balance. This is also where you can submit deposits and withdrawals. The Profile section shows your trading history.
Expert Option Trade History: To the right side of the screen, you will see three options for Deals, Trends, and Social. Clicking on Deals opens a sidebar on the right side of the screen that displays your most recent deals.
Selecting Trends displays trends in a right sidebar, with your choice of one-, two-, and five-minute intervals. All asset types appear on this list, with commodities, forex, cryptocurrencies, and more mixed together based on trends.
The Social button on the right opens a sidebar dedicated to the social features of ExpertOption in the same place. At the top of the sidebar, you will see totals, including the number of users online, the volume of opened deals, and the number of open deals.
Directly below this, you will see the opened deals regarding your currently selected asset. These deals are divided into sections based on their length, including one, two, three, four, and five minutes.
You can adjust which deal length’s data appears on top by clicking on the asset on the top-left corner of the chart. For each deal duration, you will see the number of deals opened, the deal volume, and a ranking of the top five traders by profits (so far) with the given deal.
ExpertOption Withdrawals: There are more than 20 different payment systems that ExpertOption works with for withdrawals. In terms of credit and debit cards, you can use MasterCard, Visa, Maestro, or Union Pay.
Account holders can also utilize electronic payment methods, including Fasapay, Perfect Money, Skrill, and Neteller. Or you can withdraw via Bitcoin.
ExpertOption Withdrawals: Remember that when withdrawing funds, you must withdraw it via the same method as your deposit, up to the amount of the deposit. After you have withdrawn your initial deposit, you can choose a different withdrawal method for the rest of the funds.
This is a standard practice across brokers of all types since it helps prevent money laundering.
You must withdraw a minimum of 10 USD at a time, and withdrawal requests get processed within two working days. Depending on the type of withdrawal, you may need to send ExpertOption additional documentation via scans. In this case, the request for those documents will occur via email.
ExpertOption Fees: ExpertOption does not charge commissions on transactions. However, your payment aggregator or payment system may take a commission.
ExpertOption Analysis Tools: ExpertOption has a range of technical analysis tools, including trend lines, four types of charts, and eight indicators.
You may explore other resources by going to the Analytics page on the
platform, which is also available to you. You will discover a tab containing
pertinent news articles in this section, followed by tabs that are devoted to
Assets and Stocks. On the Stocks tab, the numerous stock exchanges that are
supported are shown on a globe map along with their respective time zones.
Tweets by FXStreetNews
Tweets by financemagnates
Tweets by CoinMarketCap
If you click on any of the stocks, you will be provided with a concise explanation of the exchange, including its headquarters, the year it was founded, its income, and the amount of time its employees spend working.
Analysis Tools: ExpertOption does feature trading signals, and it does so by incorporating social trading components into its platform. Even if the platform does not refer to these signals as such, social signals can be conceptualized as trading signals. You are free to apply the signals to any and all assets.
Education for Traders: As part of its mission to demystify trading and make it available to people of all backgrounds, ExpertOption incorporates a substantial number of educational resources. You can discover a variety of videos to watch under the "How to get started" page of the trading platform's Education button, which you can access by clicking that button.
This contains a lesson, as well as short movies that provide an explanation of how to trade, different types of graphs, social trading, deposit methods, and how the platform toolbar works. You also have the option to navigate to the "Education" page, where you will find a glossary, fundamental analysis, graphical analysis, technical analysis, trading methods, and information about the psychology of trading.
Each of these sections contains in-depth information on a variety of pertinent topics, replete with photos, graphs, and infographics. The Expert Option Education Tools are organized as follows. On the ExpertOption website, you may also access each of these instructional parts by going to the Education page, which is located on the primary navigation menu.
The instructional resources offered by ExpertOption are quite comprehensive and may be accessed in a variety of ways. You will discover instructions to trading techniques such as Engulfing Candlestick, Squat Candlestick, Tweezers, Three Methods, Breakout, Reversal Moving Average, Bollinger Band, and Alligator Trading Strategies within the area of trading strategies alone.
The explanation of each tactic features not just a description but also a how-to manual, along with charts illustrating several applications of the tactic.
You may discover special guidelines for Alligator, Moving Averages, and Bollinger Bands under the topic of technical analysis. You can also find specific guides for Trend, support, and resistance lines. One more time, each guide comes with a comprehensive description that not only contains photos and charts but also details on how to make use of the particular analysis being discussed.
Candlestick analysis, Trend Continuation Patterns, Trend Reversal Patterns, Fibonacci Retracements, and Elliot Waves are all examples of concepts that fall within the category of graphical analysis. You will discover a guide to fundamental indexes at the very beginning of the instructional resources that are provided for fundamental analysis.
Because the majority of brokers do not provide this educational category, the part of the guide that is devoted to understanding the psychology of trading is particularly fascinating. An overview is provided, in addition to subtopics that focus on Successful Traders, the Psychology of Traders, and Individual Trading Psychology, respectively.
ExpertOption Also Provides Social Trading: If you want to trade with friends or observe and follow worldwide transactions, ExpertOption offers social trading, which you can learn more about here. In point of fact, ExpertOption promotes itself as the industry standard bearer when it comes to social trading networks. You may trade with friends and other investors by utilizing the social trading feature of the site, or you can watch them open their own trades in real time.
You may track the outcomes of VIP traders and learn from their trading strategies by accessing this section of ExpertOption, which is dedicated to Top Investors. Clients of ExpertOption are also encouraged to strive to become market leaders in their own countries by the company.
ExpertOption features groups on social media sites such as Facebook, Instagram, Twitter, and YouTube, all of which serve the purpose of further enhancing the social side of the platform.
Apps for ExpertOption: In order to fulfill the company's mission of making trading more approachable, ExpertOption is offered as a mobile and desktop application. Those who are interested in using the mobile application may get it by downloading it from either the Apple App Store or the Google Play Store, or they can just get the APK.
The desktop applications may be downloaded for either the Windows or macOS operating systems. Alternately, you may gain access to ExpertOption through your browser without the need for any downloads at all, since the trading platform is compatible with each and every browser.
The majority of traders will find that the desktop platform that can be downloaded is the most effective way to use ExpertOption, which is consistent with what is typically the case with trading platforms. On the desktop platform, order execution also has a tendency to take place in a more effective manner.
Desktop Applications for the Expert Option Both of the mobile applications have received very positive ratings in their respective application stores. The program for iOS currently has a rating of 4.8 out of 5 stars based on 19 ratings, while the score for the Android version is 4.4 out of 5 stars based on 36,164 ratings and reviews.
However, the description of the Android program does not include a list of the languages that it supports, despite the fact that it has been downloaded more than a million times. On the other hand, the program for iOS does not indicate the amount of downloads; instead, it lists all 21 languages that are supported.
ExpertOption Mobile Apps: The application descriptions for Apple and Android smartphones are the same, and they both remind users that the platform presently provides services to more than 9 million traders in more than 150 different countries.
This mobile application grants users access to a free demo account, instant withdrawals to a bank card or one of the more than ten e-wallets, instant execution of trades, professional trading conditions, the full range of account types, 24/7 customer care, technical indicators, and access to more than 100 trading instruments.
Bear in mind, however, that the limited screen real estate of mobile devices makes it more difficult to perform functions that are connected to technical analysis. As a consequence of this, those that do technical analysis will most likely be interested in utilizing either the desktop or online edition of the platform.
Incentives Offered by ExpertOption: Although the website does not make it quite apparent how to qualify for these bonuses, ExpertOption does give bonuses to new customers. According to the reviews, the possible percentage of the bonus might reach one hundred.
In the same vein, the vast majority of reviews advise customers to read the fine print about a bonus because most of these promotions have stringent restrictions that must be met in order to claim the bonus.
A bonus may also require you to keep the cash you put in escrow until you hit the predetermined amount of additional wagers. If you want to take advantage of one of ExpertOption's incentives, you should first make sure you thoroughly understand the conditions attached to them by reading them over carefully. If you have not yet made use of a bonus that you have received, it is also possible to cancel it.
Who Can Use ExpertOption, and Which Languages is It Compatible With? As was indicated earlier, ExpertOption provides a specific list of nations and locations from which it is unable to accept customers as clients. The United States of America, Canada, Switzerland, New Zealand, Australia, Israel, the European Economic Area, North Korea, Japan, Sudan, and Puerto Rico are some of the countries that fall within this category.
The website is offered in 15 distinct languages so that it may cater to customers located in any of the jurisdictions in which ExpertOption is authorized to conduct business.
Languages such as English, Chinese (two varieties), Thai, Hindi, Korean, Vietnamese, Arabic, Turkish, Bahasa (Indonesian), Bahasa (Malaysian), Portuguese, Spanish, Polish, and Tagalog are among many that fall under this category. The web-based version of the ExpertOption trading platform is likewise accessible in all 15 of these languages. Even though those 15 languages are available on the internet, the only languages that can be supported over the phone are English and Hindi at present moment.
According to certain customer reviews, ExpertOption used to provide phone help in Thai in the past.
Customer Support for ExpertOption: If you need assistance with ExpertOption's trading platform, you may contact them in either English or Hindi. The English assistance is accessible at any time of the day or night through its dedicated email address and phone number.
The Hindi support team provides assistance via a dedicated phone number and an exclusive email address between the hours of 10:30 and 19:30 (India Standard Time).
In addition, there is the option to participate in an online conversation and complete a contact form. Additionally, ExpertOption's round-the-clock customer service is accessible through its mobile applications.
The Sao Paulo State Government Financial Services Authority (SVGFSA) has granted ExpertOption a complete license, which paves the way for the firm to offer services in the areas of finance and trade.
The platform may now be accessible from the majority of areas across the world; however, ExpertOption is not authorized to accept inhabitants of the United States, despite the fact that the platform is currently evaluating future growth into new countries.
EO.Trade is a full cryptocurrency exchange that is operated by the same business as ExpertOption. This exchange presently supports the trading of four cryptocurrencies and enables users to make direct purchases of fiat cash.
Crowdfunding for their very own EO Coin, which can be used anywhere within the ecosystem, was how this endeavor was financed.
On this same website, Blockonomi, we have already discussed the firm that is behind ExpertOption, specifically focusing on their EO.finance wallet.
This is a cryptocurrency wallet that gives you the ability to buy cryptocurrencies using fiat cash. When you do this, you are really buying the assets themselves, and you can then move them out to your other wallets so that you may keep them or trade them on other platforms.
Is It Risk-Free to Trade with ExpertOption? In order to guarantee the safety of its customers, ExpertOption has been validated by MasterCard and Visa. The Verified by Visa and Mastercard SecureCode statuses are used to accomplish this. Additionally, there are symbols for Cert Trusted Secure and PCI DSS Compliance available on ExpertOption.
In addition to this, it encrypts all of the data with the most advanced cryptographic techniques. Since the website employs SSL encryption, all information that is transmitted through it is protected using AES 256. Both the presence of a lock symbol next to the URL in your browser and the utilization of a https:// address by ExpertOption as opposed to a http:// address are indicators that this is the case.
During the China Trading Expo that took place in Shenzhen in May 2017, ExpertOption was awarded the title of "Best Trading Platform."
The broker does not post any other accolades in a prominent location on its website; however, it does have largely good ratings from customers and websites that are not affiliated with the broker.
Traders who want access to more than one hundred different financial instruments have the option of using the ExpertOption trading platform. This is not the best platform for those individuals who are interested in engaging in traditional trading of cryptocurrencies; nevertheless, it is helpful for those individuals who are interested in trading a variety of other financial products.
The system is intuitive to operate and gives users access to more than just educational resources. The social element of ExpertOption is also particularly useful, particularly for beginners and those who like to compare their trading strategies. It stands out with its cryptocurrency offerings since many brokers are only beginning to offer this type of asset while ExpertOption has several.
You should be aware of your countries regulations when it comes to trading these types of instruments, many countries do not allow this type of trading and it is not recommended for complete beginners as it is possible to quickly lose money if you do not know what you are doing.
Overall, ExpertOption offers a very user-friendly website and platform and a low minimum investment, which helps it appeal to a range of traders. Those interested in trading should consider at least using the demo account, particularly if an element of social trading is important.
Sites like ExpertOption in the UAE
Here is a list of quality Forex, CFD, Stock and Crypto Brokers for new and professional traders living in the UAE:
- Olymp Trade - People simply love this one (Olymp Trade Review)
- Binance - World's largest cryptocurrency e-wallet and exchange that also has an online trading platform, where their members can invest or trade in virtually hundreds of cryptocurrencies and new tokens. (Binance Review)
- IG Markets UAE - UK broker located at Tower 2, Level 27, Al Fattan Currency House, DIFC. (IG Markets UAE Review)
- City Index Middle East - London-city broker with a branch in the UAE. (City Index Middle East Review)
- eToro - Social trading platform, but much better options are available out there. (eToro Review)
- Swissquote - It's a Swiss bank that offers an online trading platform for forex and CFD trading. (Swissquote Review)
- easyMarkets - Israeli brand that is big all over. (easyMarkets Review)
- Forex.com - Google ranks them in the top 10 for the term "forex". (Forex.com Review)
- Plus500 - UK brand that has its own platform, OK for CFDs, with mediocre reviews. (Plus500 Review)
- AvaTrade - Regulated by ADGM's Financial Services Regulatory Authority (FSRA) in Abu Dhabi. (AvaTrade Review)
- FXCM.com - Oldest brand when it comes to retail online forex trading. (FXCM.com Review)
- Mashreq Neo - An online trading platform provided by Mashreq Bank. (Mashreq Neo Review)
- ForexTime (FXTM) - Owned by Andrey Dashin from the Alpari broker fame. (ForexTime FXTM Review)
- Noor Capital - Licensed and Regulated by the UAE Central Bank and SCA. (Noor Capital Review)
- XM.com - XM broker is big in Africa and South East Asia, and now promoting themselves hard in the UAE. (XM.com Review)
- Saxo Bank - Danish Investment Bank with a long history of catering for premium forex investors. It also provides crypto trading facility. (Saxo Bank Review)
- Pepperstone - Originally Australian, but licensed locally by Dubai Financial Services Authority. (Pepperstone Review)
- CMC Markets - UK-based broker that is popular among CFD traders. (CMC Markets Review)
- ETX Capital - UK broker that has a decent reputation among Arab investors. (ETX Capital Review)
- Interactive Brokers - American online-trading broker that is expanding into Asian and Arab markets nowadays. (Interactive Brokers Review)
- Rakuten Securities - Japanese broker that usually looks out for large institutional investors. (Rakuten Securities Review)
- Dukascopy Bank SA - Swiss bank that offers online forex trading on its own proprietary platform. (Dukascopy Bank SA Review)
- IQ Option - It's a below-average broker with no Dubai office, but does have a toll-free virtual number for UAE: 800 032 0891 -> No Arabic, English only. (IQ Option Review)
Reviewed by Arpita Singh
Arpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.