Review:Regulation:Assets:Yield:Min. Deposit:
4.5 out of 5 stars (4.5 / 5)VFSC100+80 – 90%+$50

ExpertOption LogoReliability is as significant as choosing a trustworthy broker. Nowadays, there are a lot of scams and unreliable brokers circulating the internet. As a trader, we want to put our investments in a trusted brand and as well as the option of the expert. Expert Option claims to be a legit, expert, and transparent online broker. How reliable is Expert Option? Does the brand live up to its name as the option of experts? Let’s find out together in this review.

ExpertOption Official Website

ExpertOption Official Website

Regulation and Financial Security
Godd Trading Conditions
Reliable Trading Platform

What is Expert Option? – The broker presented

Transparency is the core value of Expert Option and the reason the company was established. It was founded in 2014 and dedicated its services to its clients by giving them a 100% transparent digital trading experience. ExpertOption provides its clients user-friendly platforms and educational materials that are very helpful in their trading journey. The company commits to providing the best customer service, the value of simplicity yet powerful platforms, offering fast trading executions using cutting-edge technologies, and being a reliable broker by going extra mile for their clients’ needs.

Expert Option global business

Facts about Expert Option:

  • Founded in 2014
  • Transparent trading experience
  • Offers fast trading execution
  • Offers over 100 assets
  • Offers transparent trading experience
  • User-friendly yet powerful platforms
  • Values customers needs and wants
  • Multiplatform

(Risk warning: You capital is at risk)

Is Expert Option regulated? – Regulation and safety for customers

Regulation and authorization are the most significant factors you need to be aware of in choosing a broker to trade with. These factors are proof that the broker or company has passed all the criteria in order to operate legitimately. ExpertOption is regulated by Vanuatu Financial Service Commission or VFSC. The full name of the company is ExpertOption Ltd. It is located in Saint Vincent and the Grenadines at 1510 Kingstown, Suite 305, the Griffith Corporate Centre, with registration number 22863, and payments are processed by Vestede Limited, based in Gibraltar with company number 116061. Also, the activities conducted by this broker is supervised and approved by the Financial Market Relation Regulation Center 8 FMRRC). This is a non-government body for voluntary oversight in Russia. We can say that this broker is authorized, regulated, and a legit operating broker.

Expert Option is regulated by the following:

  • Vanuatu Financial Service Commission (VFSC)
ExpertOption is a trusted broker

Expert Option is a trusted broker

Financial Security

The security of finances or our investments are the top priority of each and every trader. Expert Option claims to be founded with the vision of providing its clients transparent trading experience. The brand commits to provide accurate quotes to its clients from real-time market data, that are provided by leading analytical agencies.

Also, for the security of its clients, Expert Option is verified by Visa and MasterCard. The website uses SSL encryption, thus, all the data is encrypted with the strongest cryptographic algorithms. In addition, ExpertOption segregates the client’s funds and are held in accounts with investment grade-A banks. The company gives its best to be transparent to its clients. The brand also values the trust of its traders. With this said, reliability is very significant as well as trust. Expert Option provides extra solidity, wherein the company does more than anyone else to satisfy the needs of its clients. We can say that Expert Option is a reliable and trustworthy broker.

ExpertOption is a secure and reliable broker

Expert Option is a secure and reliable broker

Summary of the regulation and financial security:

  • Transparent
  • Segregates client’s funds in grade-A banks
  • Verified by Visa and MasterCard
  • Website uses SSL encryption
  • Provide accurate quotes
  • Secure
  • Reliable

Review of the trading conditions for traders

Expert Option is a global trading platform with the vision of providing transparent trading experience to its clients. This broker offers more than 100 assets to trade on and as well as trading binary options with a high yield of up to 90%. Like with a Forex Broker you can trade a lot of different currencies. The platform of Expert Option is custom-developed which makes it better compared to other platforms.

This platform has advanced analytical tools and offers lightning-fast execution. Expert Option had won the title of “Best Trading Platform” during the China Trading Expo in Shenzhen in May 2017, proving that their platform is simply reliable and is living up to its potential.

Expert Option trading assets

Expert Option trading assets

Expert Option is verified by Visa and MasterCard. The website of this broker uses SSL encryption, thus, all the data is encrypted with the strongest cryptographic algorithms. Also, since the vision of this broker is to provide transparency to its clients, they assure customers that they provide information about funds and that the company segregates the client’s funds and are held in accounts with investment grade-A banks. The brand also values the trust of its traders. ExpertOption provides extra solidity, wherein the company does more than anyone else to satisfy the needs of its clients. The customer support is ready to help always, as it operates 24 hours a day, 7 days a week.

Facts about the conditions for traders:

  • Offers more than 100 assets
  • Offers lightning-fast trading execution
  • Offers transparent trading experience
  • Minimum deposit is $50
  • Multiplatform
  • Custom-developed platform
  • Secure and reliable
  • Regulated
  • 24/ customer support
  • Free demo account with free $10,000 virtual funds

(Risk warning: You capital is at risk)

Test of the Expert Option Trading Platform

Expert Option offers a simple yet powerful trading platform. The company had won the title of “Best Trading Platform” during the China Trading Expo in Shenzhen in May 2017.

Expert Option trading platform

Expert Option trading platform screenshot

The platform is user-friendly and provides educational resources, which equips traders to have an advantage of advanced analytical tools to formulate and make informed decisions. ExpertOption had this platform custom-developed that offers lightning-fast execution of trades with an accurate price feed. This platform is available on all devices.

ExpertOption Desktop App

ExpertOption Desktop App

It is available in all kinds of devices, either desktop (both Windows and macOS), Android and iOS. It is fast and easy to download. You can go to the official website of ExpertOption and there is a link there where you can download the app for the desktop.

ExpertOption Mobile Trading

ExpertOption Mobile Trading

It is free to download. For mobile or tablet, you can get it from GooglePlay or AppStore. The platform enables clients to access a wide range of stocks and over 100 trading assets. It is easy to operate and you can expect real-time live quotes.

Additionally, ExpertOption’ trading platform can also be used via the browser without downloading the app. Also, the platform is available and compatible with all kinds of browsers. Thus, also a plus of the company’s platform that gives its clients a hassle-free trading experience.

Expert Option Trading Platform Features:

  • Available in all kinds of device
  • Custom-developed
  • Advanced analytical tools
  • Offers lightning-fast trading execution
  • Offers Mobile Trading
  • User-friendly
  • Powerful platform
  • Real-time live quotes

Professional Charting and Analysis for traders

Analyzing markets and its volatility is the main thing you need to know in trading. Charting helps you better understand and view how the market is moving, either going up or going down. With the help of charting, you can identify whether you should buy or sell. When volatility is high, the value can potentially spread out over a larger range and price can change rapidly in a short period of time in either direction it moves.

Charting and technical analysis is possible with ExpertOption

Charting and technical analysis is possible with Expert Option

The popular charting style most traders are using is candlestick charting. Candlestick chart style is used to describe and identify the movements of the price of a financial chart. This includes the derivative, security, and/or currency price movement. Each candlestick usually represents one day, thus it may show 25 candlesticks for 25 days of trading in a month. The candlestick bars are rectangles, with upper and lower lines. The rectangle is the candlestick body and the lines are called candle shadows.

Candlestick Analysis

Expert Option Candlestick Analysis

These rectangles include the open price, high price, low price, and close price. The open price is the price at the beginning of the interval. The high price is the maximum price, while the low price is the minimum price during this interval. The close price is basically the price at the end of the interval.

There are two kinds of candlesticks: Bullish Candle and Bearish Candle. Bullish Candlestick is showing the price growth and an opening price, which is lower than the closing price, while Bearish Candlestick is showing the price fall and an opening price, which is higher than a closing price.

Candlestick analysis is mostly used by traders due to its simplicity. When a trader is able to remember and know the basic rules of candlestick charting, then the trader may be able to foresee the future price movement and receive good trades as a result.

You can use candlestick charting with ExpertOption

You can use candlestick charting with Expert Option

Review of the Mobile Trading (App) by Expert Option

Expert Option also offers its clients the power to trade in the palm of their hand. Mobile trading is known to be the most convenient and on-the-go option for traders. This enables traders to trade whenever they want and wherever they are while connected to the internet. Expert Option has custom-developed its platform to make it better compared to other broker’s platforms. It offers lightning-fast trading execution,  gives the clients access to a wide range of stocks and over 100 trading assets. It is user-friendly and traders can expect real-time live quotes. It has advanced analytical tools, a simple, yet powerful platform. Plus, it is free to download. You can get it from GooglePlay (Android) or AppStore (iOS).

ExpertOption Mobile Trading Platform

Expert Option Mobile Trading Platform

Features of Mobile App:

  • Custom-developed
  • Offers lightning-fast trading execution
  • User-friendly and Powerful platform
  • Real-time live quotes
  • Advanced analytical tools
  • On-the-go trading
  • Customer Support
  • Secure

(Risk warning: You capital is at risk)

How does Expert Option Trading work? – Step by step tutorial

In order to have successful trades, one must know how to trade and know what he/she wants to be traded on. Expert Option mostly focuses on trading binary options. A binary option is a special financial option wherein either you payoff some fixed monetary amount or nothing at all.

First, you need to choose or select an asset you want to trade on. Then, decide how much you are willing or want to invest. Place the time when the trade should end. Afterward, you can identify whether the price will go up and down.

Please be aware that binary options are complex trades with a high level of risk. If you don’t fully understand how binary options work, it can result in the loss of your funds. We highly recommend getting a demo account or a practice account first before going live to avoid unintentional trading executions.

ExpertOption Order Mask

Expert Option Order Mask

Step by step trading tutorial:

  1. Choose or select an asset to trade.
  2. Decide how much you want to invest.
  3. Decide when should be the end of the trade.
  4. Identitfy whether the price will go up or down.
  5. Open the trade
  6. Wait till the result (end of expiry time)

Open your free Demo Account with Expert Option

We highly recommend for you to get a free demo account first before trading in a real account. This is due to the fact that trading requires a high risk. Unintentional trades may result in losing all your funds and/or investments. If you don’t understand how trading works, and how to trade, it is best to practice your trading style and trading strategies in a demo account.

Expert Option offers free demo which includes free $10,000 virtual funds that you can use to practice trading executions and your own strategies. when you go the official wesite of Expert Option (https://expertoption.com/), it will direct you to a demo account. Or if you are on the homepage, just click on ‘Try free demo’ , and it will direct you to the demo account.

ExpertOption Demo Account

ExpertOption Demo Account

Overview about the account types with Expert Option

As a leading broker, Expert Option gives its clients the ability to choose what type of account suits them best. Micro Account and Basic Account are best for those who prefer to start light and both have 10 as the maximum number of simultaneously open deals. The difference between these two is the maximum deal amount – Micro has $10 while Basic has $25. The Silver Account has daily market reviews and financial research as an additional feature.  The maximum number of simultaneously open deals is 15 and the maximum deal amount of $250. Gold, Platinum, and Exclusive has all the features but have the advantage of priority withdrawal. Platinum and Exclusive have no limit within terms of a maximum number of simultaneously open deals, while, Gold has 30.

ExpertOption Account Types

ExpertOption Account Types

ExpertOption offers the following accounts:

  • Micro ($10, maximum deal $10)
  • Basic ($50, maximum deal $25)
  • Silver ($500, maximum deal $250, daily markets news and research)
  • Gold ($2,500, maximum deal $1,000, daily market news and research, priority withdrawal, increased asset profit 2%)
  • Platinum ($5,000, maximum deal $2,000, daily market news and research, priority withdrawal, increased asset profit 4%)
  • Exclusive (invitation only, maximum deal $3,000, daily market news and research, priority withdrawal, increased asset profit 6%)

Registering an account with Expert Option is easy and fast. You can register using also social media account like Facebook, or your Google account. All you need is to give in an email that is active, and create a password. Account deposit depends of which accpunt you choose to open, however, in general, a real account requires a minimum deposit of $50 with ExpertOption.

Open a real account with ExpertOption

Open a real account with Expert Option

(Risk warning: You capital is at risk)

Review of the deposit and withdrawal methods

Fast deposit and withdrawal process is being offered by Expert Option. There are various payment methods that you can use with this broker. With these options, it gives the clients a variety of selection and a way of the broker to help its clients to expedite the process. Expert Option works with over 20 payment systems. Customers can use credit or debit card that is supported by Visa, MasterCard, Maestro, UnionPay. Also, it is integrated with electronic payment methods like  Neteller, Skrill, Perfect Money, FasaPay and others. Also, Expert Option owns eo.finance, which you can use as a platform for payments and funding transactions.

Payment methods that can be used:

  • Wire Transfer
  • eo.finance
  • WebMoney
  • PayPal
  • QIWI
  • Yandex Money
  • Neteller
  • Skrill
  • UnionPay
  • PM
  • fasapay
  • epayments
  • MasterCard/Visa
  • Maestro
ExpertOption accepts the following payment methods

Expert Option accepts the following payment methods

eo.finance – New invention by Expert Option

eo.finance wallet is Expert Option’s own payment platform. It is a licensed crypto wallet with support of over 20 currencies and debit/credit card payments. This is a Cryptocurrency wallet which enables you to purchase Cryptos with fiat, with that said, you can purchase the assets themselves and then able to transfer them out to your wallet holdings, or even trading on other platforms. This platform enables clients to easily add funds using bank cards and wire transfers. ExpertOption works with all crypto wallets and exchanges, so clients can use eo.finance for storing and holding their funds.

ExpertOption's eo.finance

ExpertOption’s eo.finance

eo.fonance is a secure payment platform that is licensed by Estonian Financial Intelligence Unit FRK000161 and FVR000193. This payment platform has 24/7 customer support and is continuously developing more products to better serve its clients.

You can contact their support through live/online chat, email (help@eo.finance), and phone (+44 208 0893 657).

eo.finance customer support and assistance

eo.finance customer support and assistance

Expert Option support and service

Expert Option has an excellent customer support. The agents or representatives are friendly, approachable, and professionals. The company commits to provide the best customer service and being a reliable broker by going extra mile for their clients’ needs. You can contact the support through phone, emial, and live chat. Below are the contact details:

ExpertOption contact details

ExpertOption contact details

The firm also offers educational materials that can help any trader with their journey. On the website, you will find these helpful materials, which include Glossary, articles, and explanations about technical analysis, graphical analysis, fundamental analysis, the psychology of trading, and trading strategies.

ExpertOption offers free educational materials

ExpertOption offers free educational materials

The online chat operates 24 hours a day, 7 days a week. It is possible also to send an email by filling up the query form on the website. Just fill it up with necessary information, like your name, email address, phone number, and your message. A professional agent or customer support will get back to you afterward.

You can submit a query form or chat online with the agents of ExpertOption

You can submit a query form or chat online with the agents of ExpertOption

Expert Option customer support and services are available in English, Chinese (2 variations), Thai, Hindi, Korean, Portuguese, Vietnamese, Arabic, Turkish, Indonesian, Malaysian, Spanish, Polish, and Filipino. All of these 15 languages are also available for the web version of the ExpertOption platform. However, for phone support, only 2 languages are available and these are English and Hindi.

Fees and cost

Expert Option doesn’t charge commissions on transactions, however, the payment system you might use may charge a commission. There are no hidden fees and the minimum deposit is $50.

Accepted countries and forbidden countries

Expert Option doesn’t provide services to citizens and residents of USA, Canada, European Economic Area, Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Singapore, Bangladesh, Vanuatu, Yemen, and Sudan. This is due to regulations and legal reasons. Expert Options focuses on digital options that have a binary outcome, and these countries have boundaries with regard to trading binary options.

Is Expert Option legit or a scam? – Conclusion of the review

Expert Option is a regulated and legit broker. The broker offers over 100 assets to trade on and has a custom-developed platform. The platform is available to use in any device and ables you to trade whenever and where you can with its mobile trading app. The company values transparency to its customers as well as the trust of its clients. There are no hidden fees and the minimum deposit to trade in a real account is $50. This broker offers lightning-fast trading execution and is always ready to help and assist you with your trading journey. We can say that this broker is a trustworthy and reliable broker.

Advantages:

  • User-friendly yet powerful platforms
  • Custom-developed platform
  • Platform can be used in any device
  • 24/7 Customer Support
  • Offers lightning-fast trading execution
  • Offers free educational materials
  • Offers transparent trading experience
  • Offers over 100 assets
  • More than 90% yield is available
  • Secure and Regulated
  • Minimum deposit is $50 and you can use a free demo account

From our experience Expert Option is a trusted and transparent platform that allows the trade to invest with a possible yield of 90% in a short time period. 4.5 out of 5 stars (4.5 / 5)

(Risk warning: You capital is at risk)