Trading online has become an unbelievably popular method of earning money on the financial markets, providing access to an audience who would otherwise never have the opportunity. The number of brokers continues to grow exponentially, but which are the most trusted?
Throughout this review, we’ll focus our attention on ExpertOption, one of the market’s most reputable brokers, who present an uncomplicated solution for anybody looking to earn money through trading.
They offer a comprehensive list of 100+ tradable assets, including currencies, commodities, or even stocks like Apple, Facebook, and Tesla, to their 65 million users from 150 countries worldwide.
Since its inception in 2014, the team behind ExpertOption has worked wonders to establish the platform as one of the most reliable. We’ll spend the duration of this review exploring the myriad of advantages that make ExpertOption an industry leader, covering topics ranging from; deposit and withdrawal, to features, the interface, educational materials, customer support, and much more.
To open a real account on ExpertOption it’s necessary to make a deposit, fortunately, the process can be completed with ease, and has been fully streamlined when compared to other brokers.
The minimum amount to deposit is only $10, while the minimum deal size is just $1, having such a low point of entry means that the platform can welcome all types of traders, regardless of their financial situation.
Another aspect to consider is the fact deposits can be made using any local currency, so no matter where in the world you’re based, you’ll be able to take advantage of one of the 20+ integrated payments systems on offer.
Some of the most popular include; Visa, MasterCard, Maestro, Wire Transfers, UnionPay, Skrill, Neteller, OrangePay, Perfect Money, WebMoney, Cryptocurrencies like Bitcoin, and many more.
Prompt and timely withdrawals are the least any trader expects, thankfully ExpertOption can boast some of the fastest withdrawal speeds of any broker, requests are reviewed and processed within two full business days.
However, users need to remember that dependent on their account status and preferred method of withdrawal, requests can be processed practically instantaneously, particularly via cryptocurrency or electronic wallets.
In terms of the minimum amount that can be withdrawn, ExpertOption has set the number at just $10, normally verification of the user’s account must be completed before the possibility of any withdrawal.
Part of the process involves returning the deposited amount to the source it was received from, although profits are only able to be withdrawn with cryptocurrencies or electronic wallets such as; Skrill, WebMoney, Neteller, Perfect Money, and many more.
ExpertOption Mobile and PC Apps
The ExpertOption platform is accessible on all devices, this includes; iOS and Android, desktop applications for Mac or Windows, and even access through browsers. Every version is fully functional, providing additional convenience, which is vital to the success of traders.
ExpertOption clearly prioritizes the needs of their users as a matter of great importance, and this is just one of the many instances it can be seen, so you’ll be able to trade any time, any place so long as you have reliable internet access.
ExpertOption Platform Features
The extensive list of features on offer at ExpertOption makes choosing to join the platform a simple decision, especially when competitors don’t even come close to providing a similar selection. The most valuable feature is undoubtedly the free $10,000 demo account, which can be accessed with just one click, and unlike other brokers is available without registration from the moment you start.
The free demo should not be overlooked or bypassed, particularly if you’re a newcomer, as it’s the ideal place to practice trading in a risk-free environment. It’s also identical to a real trading account, with data provided in real-time without delay.
What would a trading platform be without tools of analysis? On ExpertOption there are four chart types, eight indicators, and multiple trend lines which can be used to analyze graph data. The company also supplies an amazing social trading feature that provides an opportunity to track the deals of top traders, allowing users to copy trading strategies to maximize profits.
Then we have the huge list of trading instruments, ExpertOption currently has more than 100 of the most in-demand assets, and this list is constantly being updated. Some of the most popular include; Apple, Tesla, and Google stocks, Gold, Oil, and Silver commodities, top currency pairs such as USD/EUR, GBP/USD, and cryptos like Bitcoin and Ethereum.
Next, we’ll talk about bonuses! ExpertOption provides a 100% welcome bonus for all first deposits, it’s not mandatory you can choose to reject the bonus, however, accepting it can give you a much-needed boost when first starting out.
The 100% bonus is only available for new traders making a $30 or more deposit, who will have exactly one hour after opening an account to claim it. Choosing to accept the bonus will not affect your ability to withdraw, you’ll still be able to raise a withdrawal request at any time, bonuses are also available to existing traders, although the amount is reduced compared to those depositing for the first time.
ExpertOption Account Types
There are a total of six different account types available at ExpertOption, each one has been designed especially to suit the needs of traders with specific objectives.
The smallest is a Micro account starting from a minimum deposit of $10, to the largest, a platinum account granted for deposits of $5000. Just a few of the advantages include priority withdrawals for higher status account types, as well as an increase in profit percentage.
The most popular account type is Silver, which has proven a popular choice among traders time and again, primarily as it offers a good balance of benefits for the investment amount.
Regardless of your starting capital and initial account type, each further deposit contributes towards increasing a trader’s account status, meaning over a period of time you’ll be able to obtain a Gold, or Platinum account, with any new features unlocking automatically.
Last, but by no means least is the Exclusive account, which is reserved for VIP traders and only accessible via invitation.
Making the most of the resources available is fundamental to the success of any trader, as such utilizing the educational materials provided by ExpertOption can certainly help traders to improve and grow, no matter the level of experience they have.
One of the most valuable resources is the free $10,000 demo account, which allows for new strategies and techniques to be practiced in a risk-free environment; the data and chart information seen in the demo is identical to that of a real account, making the time you spend practicing even more valuable.
The main types of educational materials on offer are webinars, video tutorials, as well as a vast array of in-depth articles, combining all of these elements, is vital in ensuring the continued development of a trader, and will also help to improve their understanding of popular strategies, their ability to read signals, how indicators work and much more.
One area in which ExpertOption really excels is the excellent customer support on offer. From the very beginning of your time on the platform, you’ll have access to customer service representatives 24/7, they’ll be happy to assist you with any inquiries related to registration, verification, deposit, or withdrawal.
The team is super knowledgeable, and can be connected via a variety of channels, which include; Live Chat, a ticketing system, an online contact form, and even phone support! Multiple languages are also supported, so no matter where in the world you’re from you know your issue will be dealt with swiftly.
ExpertOption Security & Regulation
As with any financial service, security is of utmost importance at ExpertOption. Having confidence in the knowledge your account and funds are properly secured is fundamental to a seamless trading experience.
The primary measure is the use of cryptographic algorithms that are employed to ensure client data is stored securely, these methods include full security certification such as VBV and MasterCard verification standards for data protection purposes.
While transactions are PCI DSS Compliant – following bank security standards, meaning all your data is encrypted, private, and never stored on our servers. In addition, any bank card used to deposit must be 3D Secure enabled and be eligible for international payment.
ExpertOption is fully licensed by the SVGFSA, a governmental financial authority that allows the company to provide financial and trading services.
Currently, the platform can be accessed from most locations worldwide, however, ExpertOption is not authorized to accept citizens of the following: European Economic Area, USA, Canada, Israel, Australia, Russia, UK, Switzerland, New Zealand, North Korea, Vanuatu, Sudan, Puerto Rico, and Yemen.
If you’re looking for a broker that can match your ambitions and provide an unrivaled trading experience, then ExpertOption is a perfect match.
Their innovative platform is overflowing with useful features, which are constantly evolving which means you’ll have access to one of the most responsive user interfaces, a plethora of educational tools, social trading, and much more.
The platform continues to develop by the day, and the progress made since being founded in 2014 is nothing short of breathtaking, a fact which should not be lost on any traders!
The company’s commitment to improving is clear and confirms ExpertOption’s status as one of the best trading platforms on the market.
ExpertOption Official Website: https://provenbinarybot.com/expertoption
ExpertOption Mobile Apps:
App Store ► https://itunes.apple.com/GB/app/id1313824494