Expertoption trading ; Is expertoption trading legit or scam?
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Expertoption trading : This is one of the world’s largest digital option trading providers. Expert option is licensed and regulated by the Vanuatu financial services commission (VFSC). Currently, expert option has over 17 million live accounts. And more clients are willing to join them because of their fast execution of trades. In addition, they have affordable minimum deposits for the different account types. Moreover, their customer service is available 24/7 to put you through any challenges.
After our extensive investigation, we are happy with the results. It seems to be a good choice even for the newbies, and especially those who have little savings to invest in digital options trading. Read on for more details.
Meanwhile, to get across to them, clients can send a mail to english@expertoption.com. They can also call +44 20 3868 3160.
In addition, clients can also communicate them by sending a mail to hindu@expertoption.com or by calling 000 800 443 0002.
Expertoption trading review
ExpertOption is a new digital options broker that is quickly gaining fame. They claim to be one of the best options in the market at the moment.
Currently, expertoption offers 4 different account types. These account types come with great features that is fantastic for both newbies and traders with experience.
Moreover, each of the account types gives access to a personal account manager.
And this is a rare opportunity that brokers give to traders with very little initial deposit.
The ExpertOption broker also provides traders with a demo account that doesn’t need any extra downloads.In the demo account, traders are provided with $1000 virtual money so that they can test the broker’s digital options platform before starting to trade.
In addition, this broker provides numerous educational materials, and with news Letters that help keep clients informed.
This expertoption trading review will highlight the features of this broker. And this will enable you make informed decision.
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Features of expertoption.com
Expertoption trading plartform : Unlike other brokers that really on software developed by others for their trading; Expert option has her own trading software exclusively for expert option broker.
Their proprietary software is very easy to use, with a straightforward layout and interface making it appropriate for both new and seasoned traders alike. The software also includes features which enable traders to take on and perform a few technical tasks. This help in improving their profits per trade while at the same time swiftly executing transactions.
Educational materials : Expert option website has fantastic educational materials. These materials are good enough to help even a newbie start option trading quickly.
Meanwhile, expertoption trading broker is able to breakdown the education into different categories. Therefore this makes it even more comprehensive.
Whether clients have interest in trading digital options, indices or currencies; The material offers some advice and strategy for each type of trade. In addition, they have a glossary of various technical and commonly used trading terms along with analytical information.
Mobile trading plartform: Expert option offers a mobile trading plartform. This utilizes an app which one can download from play store or Apple store; Depending on the service. Moreover, this plartform makes it possible for anyone to execute trade, irrespective of your location. This is even fantastic as the broker provides endless signals for their clients.
Assets: The broker offers a number of different trading assets which include Forex trading pairs, Gold & Oil, Commodities, and Indices. Market Indices happen to be some of the most popular assets traded by many using the platform especially since it includes firms on the S&P500.
Expert option account types.
There are four different account types that this broker offers. The minimum deposits for all the account types ranges from $50-$5000. Therefore, it really accommodate every trader’s choice.
These account types include Basic, silver, gold and platinum Account. For each of this account types, traders have access to features that will help them trade better and make more profits.
Basic Account – For a client wishing to open this type of an account, he or she will require a minimum deposit of just $50. This is among the lowest among the digital options brokerage firms. Also, the client will have a personal account manager to help manage the account. The client will in addition, receive one personal trading session and a weekly economic newsletter. There is also a 50% bonus.
Silver Account – For a trader to open an ExpertOption silver account he or she will need a minimum deposit of $500. The trader will be entitled to a personal manager and two personal training sessions as well as a weekly economic analysis. In addition, the trader will get a 80% bonus.
Gold Account
– This account will require a higher minimum deposit since the minimum deposit required is $2500. For a trader to invest such a huge amount in digital options trading, the trader has to be well versed with trading. Similar to other account types, the trader will also have a personal account manager. In addition, the trader is entitled to 4 personal training sessions, a daily economic analysis and a 100% bonus. Other features of this account are the that the trader is given priority when it comes to money withdrawals.
Platinum Account– This is the highest account that a trader can open with ExpertOption broker. It is reserved for the professionals and it requires a minimum deposit of $5000.
The trader have access to a VIP personal account manager, daily economic analysis and an individual educational plan.
The bonus is increased to 125% and the trader is given priority when it comes to withdrawing money. Also, the trader is able to access the analysis of his or her trade history.
NOTE: You can check our list of top and reliable brokers here.
Is your fund save in expertoption trading?
Of course your fund is safe. Expertoption trading is a licensed and regulated broker. They have maximum transparency. Although, just like other brokers, there are some challenges. Therefore, at some point, they made some outrageous promises just as a marketing strategy. Otherwise, this broker is safe. Moreover, they are regulated by Vanuatu financial services commission Their license no is 15014. Therefore, they operate clients compensation fund scheme. Which means if anything happens to the broker, you will have a way of getting your money.
In addition, with the company’s anti money laundering (AML) and Know your client policy (KYP); This broker checkmates every dubious activities going on company. Meanwhile, there are lay down rules and regulations, with stimulated methods of punishment for offenders.
Meanwhile, The company is owned by ExpertOption Ltd, and they are located in Saint Vincent & the Grenadines, 1510, Kingstown, Suite 305, Griffith Corporate Centre. The company’s registration number is 22863 IBC 2015.
What we don’t like about Expert option.
ExpertOption is a relatively new broker which is a problem for many traders especially because it does not have an established reputation which is why traders are not very confident using it. That said some of its biggest shortcomings are the following which we think should be improved:
Deposits and Withdrawals – One of the greatest concerns with ExpertOption is their transparency when it comes to withdrawing and depositing money. The guidelines are not clear as to how these transactions take place. Many traders will find this turning them off because it does not give them enough room to maneuver and make good trading decisions. It has also led to several complaints by a few traders using the platform. Plus the company’s websites does not seem to be tailored to traders’ needs. Which is why it is a website which does not appear to be in touch with the needs of traders it is catering to or trying to attract.
Customer support
– Methods of getting in touch with customer support are few and far between. Not having enough ways of getting in touch with support leaves many traders high and dry because they cannot speak to someone from the company. Plus, when you do happen to figure things out the default language is Russian. If anything this language policy is isolating and alienating traders from other parts of the world, it is, for this reason, we think that the website has a small customer base.
Withdrawal policy – Their withdrawal policy undoes a lot of their positive aspects. The system seems to be a secret and opaque for the most part which is why traders will not choose to do business with this trader. Not being able to withdraw money properly can hamper a trader’s ability to trade and that’s something that keeps traders at bay from this broker.
Above all, we expect this broker to show us their trading history. This will convince traders more than anything. Since the essence of trading is to make profits. But there is no such information.
Expertoption trading method of transaction.
There are many methods of payment and withdrawal available in this company. Although like we mentioned earlier, their are stringent rules guiding their withdrawal.
But it’s also nice to mention that this broker offers a good bonus on every amount you invest.
Expertoption trading offers bonus depending on the account type. Although, in general, clients can receive bonus ranging from 25%-100%.
Moreover, the minimum deposit depends on the account, but the minimum trading amount is $1.
Available methods of payment available include debit or credit card i.e. Visa, Maestro, and MasterCard. In addition, the broker also supports Skrill, PerfectMoney, UnionPay, Yandex Money, Qiwi, PayWeb, Webmoney, and Neteller.
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Expertoption trading Conclusion
Expertoption trading is a legit broker. You will not regret trading in this broker. You can go ahead and open account by clicking here.
Thanks for reading and help us serve you better by leaving a comment.
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