Expert Option Review: Is It Worth Your Investment?
An honest broker review will help you make an informed decision, and we are back with other buzzwords: “Expert Option review.”
The popularity of online trading is rapidly increasing. It is because you can fill your wallet from the comfort of your couch.
Founded in 2014, Expert Option offers binary options trading. Their website claims to have a regulatory entity, but compared to other leading brokers, theirs needs to be better to count.
Also, they have earned tremendous trust from traders for their fair trading policy and other features. But recently, traders have had some spooky experiences with this options broker.
So, in this article, we will disclose whether or not Expert Option is a scam entity. Besides that, you’ll learn about this broker and how it works.
Let’s do jam.
Expert Option Review: What Is ExpertOption
High Capital Risk Is Involved In Financial Trading
Expert Option is owned and operated by EOLabs LLC. The company has more than 70 million traders. On the other hand, ExpertOption is a multiplatform broker with a mission to transform the traditional market into a smarter one. Including the web terminal, you will get the mobile application to trade on the go.
Moreover, it won the Best Trading Platform award at China Trading Expo Shenzhen on 6-7 May, 2017.
Additionally, Expert Option joined The Financial Commission as a registered Member to strengthen the legitimacy of its services.
Do you think all of these qualities make a broker trustworthy?
In our expert opinion, this broker is a complete scam with tons of unrealistic promises and misleading information, though people from 48 countries trade with them.
There is no doubt that the platform uses modern technologies, but something that one should notice before investing with them.
Can You Make Profit With Expert Option?
Yes, you can make profit with Expert Option. But the requirement is to have the best strategy that will bring money from the most volatile market. It is an innovative investment tool that has everything under one roof.
However, the profit depends on the current market situation.
Why ExpertOption? – Features
ExpertOption has some unique features that make this broker appealing to new traders.
Let us check those –
- Registered member of the financial commission
- Demo account
- 100+ trading assets
- Minimum deposit of $10
- Minimum investment of $1
- Up to 95% Payout
- Social trading facility
- 6 Account types
- Mobile App (Android and iOS)
- Web-based platform
- Dedicated customer service
- Trading Education
- Technical analysis tools
- Personal manager
- 20+ payment methods
Regulation & Licenses Information - Awards
As mentioned above, this broker is a registered member of The Financial Commission. According to their website states,
The Financial Commission is an independent dispute resolution and self-regulatory organisation that specialises in financial markets.
Though it is not a famous regulatory body, so far able to protect your money from being scammed. On the other hand, ExpertOption is committed to serving a high standard of service with scam-free business practices.
Also, you can view the certificate from Here.
So, the facts are-
- Your money is saved until you lose by market manipulation.
- Compensation of up to €20 000 per client for resolved disputes
Expert Option Login and Signup Process
The signup process with Expert Option is easy and convenient. You are not required to fill out a complete form to open an account.
Enter your valid e-mail address and password; your platform is ready. To open a live account, just deposit the initial amount, depending on your account type.
ExpertOption Deposit Bonus
Traders will enjoy a deposit bonus based on the amount. The deposit bonus starts at $30 and above. The bonus is 20% of your deposit if you deposit $30.
However, you will not be able to withdraw the bonus amount.
Expert Option Demo Trading
The first thing that we attempt to open a demo account. This is not just only test the platform but also to check the features that they promise to serve.
Demo trading is definitely a helpful tool for traders. And ExpertOption has this facility with $10,000 virtual money. Now you can trade without any monetary loss.
Expert traders can also trade through a demo account, though it is the best tool for beginners. You will get
- Risk-free trading
- Can practice trade
- Test the strategy
- Get familiar with trading tools like charts, indicators, etc
Expert Option Trading Online – Platform Overview
You can start with a demo account like us. We opened a demo to test the platform and after opening an account, we found the dashboard packed with the necessary tools and instructions.
You can switch to a live account anytime just depositing an initial amount.
Also, you can download the desktop app or trade directly from the web platform. On the other hand, mobile apps are also there to give you a quick view.
The right side of the screen is where traders can review open deals, including trends, and copy trading lists. Besides, you will find all the supporting parts on the left side. Inside the main dashboard, the upper portion will display charts and tools to analyze the market.
Finally, select the asset, investment amount, and strike price from the bottom portion. Click on the call or choose an option depending on your market research and strategy.
High Capital Risk Is Involved In Financial Trading
ExpertOption App
Expert Option has a web-based platform that allows traders to trade without downloading any application.
However, if you wish to have a different experience, you can download the application for both your mobile device and desktop.
You can now download the application to trade the market for the desktop. You can see the dashboard clearly from the desktop app, and also the most appropriate option for trading.
Rather than the web-based platform, for a few traders, the downloadable platform is more efficient. Also,
- The desktop platform provides the highest performance
- It’s fast and efficient on any device
- You can instantly access the trading platform
- Traders can also send orders directly to Expert Option
- Trading will be a lot more efficient
This post first appeared on Binoption-The Best Binary Options Forex & CFD Trading Platform For All., please read the originial post: here
