ExpertOption

ExpertOption started its work at the beginning of 2014. Despite the strong competition, the company continues to gain investors’ trust, improves its service, and offers traders favorable trading conditions, training opportunities, etc.

However, many traders treat online trading brokers with distrust. Let’s try to find out: is ExpertOption a scam or a reliable company?

 

 

Terms of Trading with ExpertOption

Expert Option is one of the most active and progressive companies on the market.

 

Among all the positive qualities of the broker, we can highlight the main ones:

• High level of service.
• A quality and comfortable platform.
• Fast and accurate execution of transactions.
• High yield.
• Serious support for beginners in the market, regardless of the amount of investment.

Starting to work with the company, you can independently and, most importantly, for free and without tedious registrations make sure of the excellent work of the platform, by opening a demo account with one click. Beginners can practice trading with virtual money without risks, mastering the possibilities of the terminal. In addition, clear and concise training materials are available to all clients. This will help me learn basic information about working in financial markets and avoid many mistakes and unnecessary losses. Free consultations on trading strategies with the company’s expert advisors will be a great help to our clients. Comprehensive support from the broker for newbies will allow them to earn good money at the initial stage of trading.

Trading with a broker can be confidently called transparent and functional. The company thinks about the client, offering him a safe and comfortable platform, all conditions for a successful start as a trader and to plunge into one of the most popular professions on the Internet. It’s easy to master the terminal, you don’t need to have any experience in other terminals binary brokers. To get quick access to the platform at any time, you can use the company’s free mobile apps.

 

Expertoption Platform

The broker’s trading platform on the website expertoption.com is distinguished by its convenience and functionality. The terminal has an intuitive interface and many tools for advanced market analysis:

• More than 180 assets (currencies, stocks, indices, cryptocurrency, goods, etc.),
• different types of graphs: lines, areas, bars, candlesticks,
• indicators: Moving average, MACD, Parabolic SAR, RSI, Fractal, Alligator, Bollinger Waves, Awesome Oscillator. You can add your own indicators to the platform,
• graphic elements: ray, horizontal, vertical line (you can add your elements to the platform),
• choice of expiration (from 60 seconds to 5 minutes).

For trading and market analysis, a large price chart is available on a dark background for comfortable work with different instruments. There is also information about trades, signals, trading history, analytics, the “Experts” section, etc. At the top of the platform, there is data on the status of the account, you can write to the managers in online chat, etc.

 

The platform works without failures, which allows you to always get up-to-date information about the market situation and make profitable bets in time. You can also use free signals. The trades are closed quickly and will allow you to trade using different strategies, including scalping. Transactions are closed quickly, which will allow you to trade using different strategies, including scalping. The profitability of transactions averages 95%, which is a good indicator in the market among other brokerage platforms.

The terminal is compatible with the most popular operating systems (Windows, Mac, iOS, Android). To start working on it, you need to register with the broker and download the trading program to your computer. The web version of the platform is also available but does not differ in functionality and features from the desktop version. Its advantage is that there is no need to install any software on your computer, you can go to the broker’s official website and immediately start trading on the financial market.

On the broker’s website expertoption.com, there are free materials for traders: the basics of market analysis (technical, fundamental), strategies, trading psychology, training courses, etc. In general, the broker’s terminal is simple, there are no difficulties in working with it, and the system is easy to understand even for a novice user.

Broker Quotes

The Expert Option broker does everything to ensure that its service allows clients to work comfortably on the platform and achieve high results in trading. This applies to its terminal, applications, as well as to the information about the quotes of the traded assets. This data is supplied to the broker by Claws & Horns and is distinguished by its accuracy, which allows traders to get the best results from their trades.

 

Demo account

Demo account Expert Option – is free access to a broker’s platform in order to try your skills and knowledge in a virtual market environment. This solution is offered by most of the leading companies in the field of trading. And this is understandable: brokers need serious players, who are set up for long-term work and will pay due attention to the educational trade. A demo account is software that fully simulates real trading, allows you to learn the terminal in a relaxed atmosphere, check the work of the company’s managers.

 

Expert Option offers a demo account for free and without registration, that is, in order to use it, the trader only has to go to the broker’s website, click on the “Demo Account” button and you can trade with virtual money. The platform offers a lot of useful material, such as up-to-date analytics, information about the peculiarities of trading psychology etc. You can also take advantage of the convenient social trading option here, explore the types of accounts and read more about the benefits of ExpertOption (demo).

 

Expert Option Mobile Apps

The terminal is compatible with popular operating systems (Windows, Mac, iOS, Android). To start working on it, you should register with the broker and download the trading program to your computer. The web version of the platform is also available, which is similar in functionality and features to the desktop one. Its advantage is that there is no need to install the software on your computer, you can go to the broker’s website and immediately start trading on the financial market.

 

 

Bonuses at ExpertOption.com

ExpertOption offers traders reliable service, favorable platform conditions, and comfortable bonus programs. At the moment, there is a deposit bonus at the broker: 50% on the amount on the account. The offer can be used only once, it is possible to refuse it. After the necessary volume of transactions is reached, according to the conditions of the bonus, all the money earned with its help can be withdrawn without any problems. Also, all traders can become partners of the broker.

 

 

Deposit and Withdrawal

Clients of the company do not have any restrictions when withdrawing their income from the deposit. It is easy to make money on the platform, it is easy to withdraw money from the deposit as much as the trader would like. To withdraw money, you can use any convenient option from those offered on the website, regardless of the deposit method. It is a withdrawal to a card, or bank transfer, through Neteller, WebMoney, QIWI Wallet, YuMoney, etc.

There are no withdrawal fees on the platform, and it is not on all types of accounts. ExpertOption does not see any sense in restrictions for the movement of clients’ funds, considering one of the restrictions is a commission for the withdrawal of earnings. It is important for the company that the client can receive not only their funds but also profit in full.

 

Complaints About Expert Option

It is important for ExpertOption to have feedback from its customers. This helps the company to develop and eliminate all malfunctions and errors in work. At the moment, clients have a very positive opinion of the broker. However, to say that there are no complaints or negative reviews about it would be a lie. After studying the complaints about ExpertOption, it becomes clear that they mostly concern minor bugs or glitches in the platform (displaying charts, signals, indicators, confirmation windows or errors with opening a demo account) and newcomers’ complaints about unprofitable trading. The company responds in time to customer feedback and fixes bugs. As for the few accusations of long withdrawal times or “obstacles”, we would like to draw customers’ attention to the following points:

• Verification is obligatory for all clients and this is not a whim of the company, but the norms for international financial companies that comply with international law.
• Delays in the transfer of funds to owners of plastic cards most often arise on the side of the issuing banks precisely because of their various features (size, license, intermediary banks, etc.).
• Carefully check the details in the application for withdrawal – it will greatly speed up the receipt of your profits from the trade.

If there are any complaints about ExpertOption, we will publish the information on social media. Sign up to be kept up to date.

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

 

ExpertOption Ltd. Regulators

It was previously stated that the company is regulated by FMRRC (№ TSRF RU 0395 AA Vv0084). Financial Market Relations Regulation Center – this organization was created to ensure the safety and comfort of trading for traders, guarantee the rapid resolution of disputes, legal support for market players, the impartiality of the brokers’ activity assessment. However, there is no information about it on the regulator’s website, as well as on the broker’s website.

Expertoption.com User Agreement

When starting cooperation with a broker, it is important to get acquainted with the rules of work on his platform, understand what guarantees are provided to the user by the company, and what are his rights and obligations. It may seem that such information is unnecessary for a trader. However, this is not entirely true, because in the case of, for example, force majeure, failures in the terminal and losses arising from it, the company acts according to the provisions of the “User Agreement”. In order to know what the broker will do in a specific situation, as well as what are the duties of the trader in this case, it is worth studying the “Agreement”, and even before you start working on a real account. Such a document may have another name, at Expert Option it is “Terms of Use” on the website expertoption.com (text available in English).

Clause 1.3 states that clients’ orders can be canceled by the company in cases where “market conditions differ from normal”, but there is no specification of what “normal conditions” are. In this case, the questions arise – are the normal conditions of the market, for example, sharp jumps in the value of cryptocurrencies or other moments that are beneficial to the user and will not be followed by rejection of the application by the broker, which is potentially beneficial to the market player:

Or clause 2.1, which states that the only reliable source of data on quotations is the company’s main server. If the server connection to the broker’s site is unstable, this data can be irrelevant, in such cases the information will not be correct. In p.2.2 it is also noted that the broker does not guarantee that traders’ transactions will be executed at the prices specified on the site at the moment of operation, which also gives some uncertainty of trading results:

If the trader is engaged in fraud, cheating on the platform, using errors in the software, trading with the help of automatic robots, etc., his account is blocked without the possibility of further work on it, the capital is canceled. The broker has the right to contact the law enforcement authorities to investigate the situation:

 

Is ExpertOption a Scam?

ExpertOption has the necessary licenses and certificates to operate and is regulated by the following organizations: VFSC, and FMRRC. Expert Option is a great option for online trading, which will appeal to both beginners and experienced traders. It offers attractive working conditions: the minimum initial deposit: of 10 US dollars, the minimum investment price – of 1 US dollar, and a large number of assets for profitable investments, it is possible to use a free demo account, a simple and convenient trading platform, and high-quality training materials. The company is open to communication with the client, tries to eliminate deficiencies, and makes the work on the platform comfortable.

 

Conclusion

Online trading broker ExpertOption offers favorable working conditions and a huge set of tools for successful trading. The minimum deposit of $10 allows trading and services of the company with minimal risks. The minimum deal size of $1 dollar allows users to work out the issue of competent capital management.

The broker’s website offers high-quality training materials, free consultations for beginners, and a sufficient number of tools that will allow them not only to effectively learn the basics of the market but also to make money during their studies.