Expert Option App
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ExpertOption Review 2022
- Regulation: VFSC & FMRRC
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: 100%
- Payouts: Up to 95%
- Assets: Stocks, Commodities, Crypto, and Forex
- Platform: Web, Android, iPhone, Windows, MacOS
- Demo Account: Yes
- US and UK Traders: Not Accepted
ExpertOption is an online trading platform that offers over 100 different financial assets to trade including currencies, stocks, commodities, and cryptocurrencies. Located in Port Vila, Vanuatu, ExpertOption is regulated by the Vanuatu Financial Services Commission with license number 15014. This broker has been around since 2014 and has over 13 million accounts opened since that time. With over 100 account managers, ExpertOption is one of the most popular and well known trading platforms available. But the important question is can ExpertOption be trusted? Are they a reputable company or just another scam broker? In this Expert Option review, I'll cover everything you need to know about this broker. Trading Platform Unlike other brokers that use turnkey platforms such as TechFinancials or SpotOption, ExpertOption developed its own custom platform to cater to the needs of their clients. Lightning fast execution, accurate price feeds, and weekend trading are all advantages of the ExpertOption platform. Once inside the platform, the biggest focus will be the main graph in the middle, which shows the prices of your chosen asset in real-time. You can hover your mouse at any point in the graph to see the previous price at any point. At the top-left corner of the screen, there is a drop-down menu where you can select an asset to view. You can search for an asset by name or browse by category such as Currencies, Crypto, Stocks, or Commodities. Once you select a financial instrument, you can choose between 1-5 minute expiry times. A very useful feature of Expert Option is the ability to adjust your chart layouts. For example, you can split the chart layout so you can view two different markets at the same time. ExpertOption has 8 different indicators that you can use including Moving Averages, RSI, MACDs, Bollinger Bands, Parabolic SAR, Alligator, Fractal, and Awesome Oscillator. Expert Option also has 4 different chart types you can choose from including Area, Line, Bars, and Candles.
AssetsExpert Option offers a wide range of assets to trade including stocks, forex, commodities, and cryptocurrency. Currency Pairs - ExpertOption has all the major ones including EUR/USD, AUD/CAD, EUR/GBP, USD/CHF, and USD/JPY. This broker even offers cryptocurrency pairs such as BTC/LTC. Stocks - ExpertOption has plenty of stocks to trade including Apple, Google, Alibaba, Facebook, Tesla, Microsoft, Netflix, and many more. Cryptocurrency - This broker allows you to trade most major crypto assets such as Bitcoin, Litecoin, Ethereum, Dash, Monero, Zcash, Riipple, and Tether. Commodities - Currently, the only commodities that you can trade with ExpertOption is Gold and Silver. ExpertOption Account TypesExpert Option offers six types of accounts. Here's an overview of each one. MicroThe micro account offered by ExpertOption has a minimum deposit of just $10. However, the maximum trade is just $10 and you can only have 10 simultaneous trades at any given time. You will get access to educational materials, but not the daily market reviews or financial research. BasicThe Expert Option basic account has a minimum investment of $50 and a maximum trade limit of $25. You are only allowed 10 simultaneous trades at any time and you do get access to the education materials. If you start with a basic membership, you can always upgrade at a later time. SilverThe ExpertOption silver account requires a $500 initial investment. In addition to the educational resources, you'll also get access to the daily market reviews and financial research. You are allowed 15 trades at a time and a maximum trade limit of $250. GoldA gold account has a minimum deposit of $2,500. Gold comes with everything that Basic and Silver comes with, but with some additional perks. Gold members get priority withdrawal processing. You'll also enjoy a 2% increase in profit. The minimum deal amount for a gold member is $1,000 and you can have up to 30 active trades at any time. PlatinumVIP traders are best suited for the Platinum account type at Expert Option. An initial deposit of $5,000 is required. You'll enjoy everything that the Gold level comes with, but you'll have no limitations in the number of trades you can execute at the same time. In addition, the maximum trade increases from $1,000 to $2,000 and your profit per trade increases by 4%. ExclusiveIt is not available for everyone, only those who are invited to have this account type. Customers having Exclusive account type can enjoy increased profitability ratio of up to 6%, a personal account manager, and maximum deal of $5000. Demo AccountExpertOption offers their clients a free demo account with $10,000 in virtual funds to practice with. This is a great way to sharpen your skills without risking real money. Unlike other brokers, you don't have to register in order to access the platform. You don't have to give them an email address or any personal information. |
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