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Broker Reviews

Published on July 25th, 2019 | by John Kane

6

Expert Option Review 2019 (ExpertOption)

Expert Option Review 2019 (ExpertOption) John Kane

Summary: This broker is quite effective, and aesthetically pleasing. If you have anything you would like to add, please leave your rating, and comments below.

3.9


User Rating: 0 (0 votes)

ExpertOption is a binary options broker that has continuously built a good reputation in the industry. The company was founded in 2014 and claims to be based on 100% transparency in digital trading experience. In addition, Expert Option boasts of making trading available for everyone and enabling many clients to generate revenue. As such, the broker has accumulated over 16 million active accounts over the 5 years of existence.

ExpertOption Review

The broker is based in Rue Pastor, Port Villa, Vanuatu. If you have any inquiries you can reach them on email address [email protected] and phone number +442038633160 for English services and +0008004430002 for Hindu services. If you have been stranded wondering where to start in binary options trading, Expert Option may be the place to be. This article will highlight some of the company’s prominent features, and why they have proven to be reliable.

High Trading Volume

To start, Expert Option is available for trading on a 24-hour basis. As such, traders around the globe can trade at any time of their convenience. Moreover, the company claims to invest in the latest technologies to ensure fast trading with no delays in order executions and lags in the user interface. Therefore trading with this broker remains swift and fast allowing multiple operations.

Similarly, the company takes pride in having over 30 million trading deals executed monthly. Their clients come from 150 different countries. On that account, the trading volume of the company is very high an indication that it is a legit trading platform.

Social Trading

ExpertOption has created a social trading feature that allows you to study trading strategies from experts around the world. With this company, you can study how to trade from Facebook, Instagram, Twitter, and YouTube. The company has invested in all these social media platforms to make sure they capture all their customers. Therefore, with social trading, you can easily learn and interact with friends and trading gurus.

Accounts

The binary options broker offers 4 different types of accounts each with its distinctive features. It is a feature that makes ExpertOption stand out from other binary brokers. The accounts are:

  • Basic Account- with a basic account, the minimum allowed deposit is $50. The maximum number of deals allowed for this account is 10. In addition, the maximum deal amount is $25
  • Silver Account- this account introduces a personal manager to help you run your account. The minimum deposit allowed is $500 while the allowed number of deals is 15. The maximum deal amount allowed is $250.
  • Golden Account – the allowed minimum deposit to start trading is $2500. The maximum deals allowed are 1000 with a maximum deal amount of $1000.
  • Platinum Account- for this account, the minimum deposit to start trading is at $5000. The account has no restriction for the number of deals but the maximum deal amount allowed is $2000. It introduces an account manager
  • Exclusive Account- this account introduces a senior account manager. There is no limit to the number of deals allowed. However, the maximum deal amount is set at $5000. You can only own an exclusive account from an invitation.

Expert Option goes an extra mile of requesting potential traders to read through the different types of account so they can make informed decisions. This clearly shows that the company has its client’s satisfaction as their primary duty.

Free Demo

The company has a free demo account that offers 10000 virtual money. As such if you are new to binary option, you can learn how to trade without having to bear any loss. This proves that the broker is trustworthy since it roots for its customer needs first rather than gaining profits.

Payments

Firstly, the company does not charge commissions when you withdraw. Payments are processed within 2 working days and one is required to provide documents for verification before payments are done. The overall minimum amount you can withdraw is 10 USD.

Secondly, the broker prides themselves with working with over 20 payments systems. This ensures people of all diversity and different background are accommodated. Some of the electronic payments used by the broker include Skrill, Neteller and FastPay amount others. Debit and credit cards are also accepted including Visa cards, Master cards and Maestro to mention but a few.

Competing Brokers

The competing binary options brokers are:

Awards

First and foremost ExpertOption platform is supported by different devices, that is, Android, iPhone, Web, Windows, IPad and MacOs. On that account, the broker has a trading app. The company has managed to scope prizes for mobile trading apps. According to Google play and app store ranking, Expert Option app is the top financing app in 47 counties. Similarly, it was ranked the fastest-growing app. The popularity of the app builds on the credibility of the broker.

Security

Expert Option has secured your funds by investing in the strongest cryptographic algorithms. Moreover, all transactions are verified by visa and MasterCard. The company also takes responsibility for securing their client’s information.

Verified

The binary option broker is legal as it is verified by the VFSC Government Financial Commission. On that account, you do not have to worry about the safety of your investment.

On the flip side, Expert Option has its drawbacks. While a demo account may seem like a good thing, using it is quite hard. The website keeps directing you to the real account. This may come across as a red flag especially to new traders.

Conclusion

As I conclude, investing in binary options requires a certain level of risk and is not a guarantee of profits. Therefore, since the company pros exceed the cons, ExpertOption is with no doubt a trading platform for both gurus and new traders. If you are considering to invest in binary options, I hope you find the article resourceful.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


6 Responses to Expert Option Review 2019 (ExpertOption)

  1. Bill says:

    This option for work quite suits me. The profit is excellent, and the reliability is at its best – I am quite pleased with this broker.

  2. Richard says:

    I really liked this broker. At least, now the reviews are only positive – everything works fine and brings good money.

  3. Morgan says:

    Trading on a platform like expertoption is a pleasure! Support is always on the alert with practical advice, and payments come exactly in rows!

  4. Ronald says:

    I really enjoyed working with this company. At least, now the profit is pretty good, and most importantly – the conclusion is complete order.

  5. Steven says:

    Not so long ago, friends offered a broker Expertoption for work. I decided to try it, and I was really satisfied with the results – everything works fine.

  6. Darcy Peter says:

    Trading on the Expertoption platform is pleasant and comfortable! The conditions are really better than some, you can feel the difference yourself!

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