Expert Option full review - TopForex.Trade

Expert Option

ExpertOption is a tech-advanced online trading broker that aims at high speeds, efficiency, and reliability in providing services to its clients.

Numbers of instruments
100+
Regulated by
VFSC
SVGFSA
Overall
93
Comissions & fees
90
Licensing & safety
94
Platforms & tools
95

Expert Option

We make trading available for everybody

ExpertOption is a comparatively young broker. While many of its competitors have decade-long experience in the industry, it’s been in operation since 2014. Nevertheless, it managed to overtake many of its rivals, reaching more than 70mln registered users as of now.

Its statistics are truly impressive: ExpertOption processes more than 30 mln deals each month. On top of that, it’s one of the Top-3 most downloaded financial apps on Google Play.

Smooth visuals and yet concise contents of their corporate webpage very much represent ExpertOption’s approach to the business: advanced where required but with no extra weight.

Top-3 most financial app on Google Play
More than 20 payment systems
Fast and secure own trading platform
Lots of educational materials to suit traders of all experience levels
Personal account managers
No commission on deposits and withdrawals

Trading Platform

ExpertOption trading platform available for all devices

ExpertOption offers their own developed app. It’s as visually captivating as its website is – nice charts, pleasant colors, inviting menus.

The platform is available for all devices: PC/Windows, Android, iOS, and MacOS. Therefore, whether it is a desktop, laptop, or smartphone that you want to use for online trading, ExpertOption is available.

Orders are executed at high speeds based on modern technologies. Technical analysis tools include four chart types and eight indicators.

Asset choice is comparatively rich, with more than 100 trading instruments available on the platform.

Free demo is available to test-drive the platform, and it’s compatible with all browsers if you want to do it quickly through the webpage.

Accounts

ExpertOption types of accounts

ExpertOption offers an interesting and well-structured range of account types to choose from.

In total, there are six: Micro, Basic, Silver, Gold, Platinum, and Exclusive.

Micro is for traders who want to start trading carefully, with a $10 minimum deposit and maximum ten simultaneous deals of $10 each. It suits beginner traders who prefer to stay away from big trade value for the time being.

From Basic to Gold, the minimum deposit progressively increases from $50 to $2500. So does the possible maximum number of simultaneously opened deals and the value of each one. Also, additional services such as Daily Market Reviews and Priority Withdrawals are added to the list as we move up the ladder of account types.

The Platinum account is available at a minimum deposit of $5000. In addition, it offers educational materials, daily financial research, priority withdrawal, unlimited numbers of simultaneously opened deals of $2000 of value, and up to 4$ of increased asset profit.

Finally, there is an Exclusive account type. It’s available only by invitation and it offers exactly what Platinum does, but better, and possibly more.

Social trading

ExpertOption social trading groups

ExpertOption makes online trading a genuinely social activity. It has groups on Facebook, Twitter, Instagram, and YouTube. You can join any of them or all of them and benefit from other traders’ experience.

Also, you may join the ranks of successful traders in your region, getting inspired by your friends’ results and inspiring them in turn. This feature enables you to watch other traders open deals in real-time.

Withdrawals and deposits

ExpertOption deposit and withdrawal methods

ExpertOption works with more than 20 payment systems.

Bank and debit/credit card transfers are available as well as Neteller, UnionPay, Skrill, YandexMoney, WebMoney, QiwiWallet, PerfectMoney, FasaPay, and others.

Summary

ExpertOption may be a good choice for traders who know what they’re looking for and who prefer a tech-advanced approach to trading provided by an approachable and reliable online trading broker.

Also it’s a good way for beginners to start trading with simple, fast and secure platform supporting different payment systems.

Expert Option overall scores

In this review, you can find all the information you need to decide whether Expert Option is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how Expert Option scored in each of our high-priority categories

Overall
93 points
Comissions & fees
90 points
Licensing & safety
94 points
Platforms & tools
95 points

Expert Option fees and commissions

ExpertOption does not take any commissions on transactions.

Pros
Cons
Offers a high-speed self-developed trading platform available on all devices
Supports many payment methods
Offers an appealing and well-structured range of account options
Not available in the US, Canada, EU, Russia, and several other countries