Expert option review Review
Expert Option is a binary options trading platform that was founded in 2014. It is based in Saint Vincent and the Grenadines and is licensed and regulated by the Vanuatu Financial Services Commission (VFSC). The platform is available in over 150 countries and offers trading in more than 100 financial assets, including stocks, currencies, commodities, and cryptocurrencies. In this review, we will examine the platform’s features, benefits, and drawbacks.
Expert Option has a user-friendly platform that is easy to navigate, making it suitable for both beginners and experienced traders. The platform can be accessed via a web browser or through the Expert Option mobile app, which is available for both iOS and Android devices. The interface is customizable, allowing traders to arrange the various tools and features according to their preferences.
Expert Option offers trading in various financial assets, including currency pairs, stocks, commodities, and cryptocurrencies. The platform offers more than 100 trading instruments, including popular assets like Bitcoin, Ethereum, and Apple. Traders can choose from different trading options, including classic binary options, digital options, and forex trading.
Expert Option offers four types of trading accounts: Basic, Silver, Gold, and Platinum. The Basic account is suitable for beginners and requires a minimum deposit of $50. The Silver account requires a minimum deposit of $500 and comes with additional features such as personal account managers and access to trading signals. The Gold account requires a minimum deposit of $2,500 and offers higher payouts and additional features such as risk-free trades. The Platinum account requires a minimum deposit of $5,000 and comes with all the features of the other accounts, plus additional benefits such as exclusive educational materials and access to VIP events.
Deposits and Withdrawals
Expert Option supports various payment methods, including credit and debit cards, bank transfers, and e-wallets such as Skrill, Neteller, and WebMoney. Deposits are processed instantly, and withdrawals are processed within 2 business days. However, the processing time may vary depending on the payment method used. Expert Option does not charge any fees for deposits or withdrawals, but some payment providers may charge their own fees.
Bonuses and Promotions
Expert Option offers various bonuses and promotions to its traders. New traders can receive a welcome bonus of up to 125% on their first deposit. The platform also offers cashback bonuses and trading tournaments with cash prizes.
Education and Support
Expert Option provides various educational materials to help traders improve their trading skills. The platform offers webinars, video tutorials, and e-books on various topics such as trading strategies, risk management, and technical analysis. Traders can also access a demo account to practice their trading skills without risking real money.
Expert Option provides 24/7 customer support through live chat, email, and phone. The support team is responsive and helpful and can assist traders with any issues they may encounter on the platform.
Expert Option is licensed and regulated by the Vanuatu Financial Services Commission (VFSC). While the VFSC is not a well-known regulatory body, it does provide some level of oversight and ensures that Expert Option complies with the regulations set out by the commission.
- User-friendly platform: The Expert Option platform is easy to use and customize, making it suitable for both beginners and experienced traders.
- Wide range of assets: The platform offers more than 100 trading instruments, including popular assets like Bitcoin, Ethereum, and Apple.
- Multiple account types: Expert Option offers four types of trading accounts, each with its own set of features and benefits.
- Fast deposits and withdrawals: Deposits are processed instantly, and withdrawals are processed within 2 business days.
- Educational resources: Expert Option provides various educational materials to help traders