Platform Review: ExpertOption

Online trading today is gaining momentum and as more people are getting accustomed to the particular aspect of trading, which is further encouraged by the number of trading platforms supporting it. ExpertOption is one such platform catering to a significant number of digital options traders.

The brief review of the platform looks into some of the features and advantages that make ExpertOption stand out.

Key Details

Company Name: ExpertOption Limited
Website: https://expertoption.com
Location: Saint Vincent and the Grenadines
Address: Griffith Corporate Centre, 1510, Kingstown, Suite 305, Saint Vincent and the Grenadines
Founded in: 2014
Regulation: VFSC and IFMRRC
Minimum Deposit: $50

ExpertOption is a relatively new platform with a user-friendly interface for the benefit of regular traders. It is easy to use, very responsive and also has a dedicated education section as an added bonus for traders to learn as they earn from trading activities on the platform. In addition, it is also known for quick processing of trading requests from the clients.

Regulation

ExpertOption has been licensed by VFSC – a government financial commission to offer its financial and trading services to users. The platform is available in several countries across the globe including Indonesia, Singapore, India, China, the UK and other European nations. The platform is considering further expansion of its offering in geographies like Sudan, Puerto Rico, Japan, Australia, New Zealand, Israel, Switzerland, European Economic Area, Canada and the United States where it is currently not available.

The platform also holds an IFMRRC (International Financial Market Relations Regulation Center) certificate assuring the quality and reliability of services.

Account Types

On ExpertOption, every customer’s needs and preferences are taken care of through its different account types. Users can open an account with as less as $50 deposit and gradually upgrade to Platinum level at $5000. It also offers an Exclusive league which is invite only. Other account types include Silver and Gold. These accounts come with their own sets of benefits which gets activated automatically when the user upgrades to a different account type. For instance, the education section will be accessible to a basic account holder once they upgrade to Silver account or higher.

The Exclusive account holders on ExpertOption stand to benefit from all the features available on the platform.

Trading Instruments and Payments

The platform supports plenty of trading instruments and is in the process of adding more trading pairs. The supported instruments on ExpertOption include forex, top cryptocurrencies, popular stocks including the likes of Apple, Facebook, McDonald’s etc., and commodities.

Users can fund their accounts and initiate withdrawals using a range of payment methods. Some of the supported payment methods include Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, OrangePay, ePayments, Perfect money, WebMoney and more.

ExpertOption Platform Features

ExpertOption comes with plenty of additional features. First, the education section that offers insights into trading, giving its users an upper hand. And then comes the demo account where they can put their learnings to test by making use of the $10,000 test balance instead of actual money. Additionally, traders get real-time data to aid in making the right decisions when trading. The technical analysis tools offered by the platform include 4 chart types, 8 indicators, and multiple trend lines.

The platform also supports social trading, where users can connect with pairs and trade in real-time. They can view each other’s trades and even copy trading strategies to maximize profits.

Accessing the platform has been made easy with the ExpertOption mobile app which is available for both Android and Apple phones. Desktop users can download the desktop app available for both Windows and Mac platforms or they can choose to use the web platform for placing orders.

Platform Security Features

Like any other reputed trading platform, ExpertOption makes account security one of its top priorities. The platform implements some of the best cryptographic algorithms to ensure that all the client data is encrypted.  The platform has all the necessary security certificates, VBV and MasterCard verification standards in place to protect data and payment information.

Customer Support

To contact ExpertOption for assistance, traders can use any of the options available. They can reach ExpertOption customer center 24/7 via email, phone number or contact form. Alternatively, for immediate assistance, users can initiate a chat session with the support assistant.

The above features of ExpertOption platform showcase its seriousness in becoming the best trading platform. Besides those mentioned above, it’s likely that more amazing features will be added.

 

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