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License: CySEC, Vanuatu FSC
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ExpertOption

3.75
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ExpertOption Review

  • ExpertOption is a regulated broker
  • Innovative and user friendly trading platform
  • Dedicated customer support
  • High returns
  • ExpertOption has a low minimum deposit requirement
  • Stock trading and indices not available for trading

Founded in 2014, ExpertOption is a leading online binary options trading platform that is owned and managed by holding company called Vestede Ltd. The company is based in Gibraltar and operates out of its head office, located at Suite 3, 2nd floor, Icom House, 1/5 Irish Town, Gibraltar. Since they first began operations, more than 6 million trading accounts have been registered with ExpertOption. Established with the vision of providing online traders with a safe and secured trading environment, ExpertOption has exerted considerable efforts to ensure that its clients will have a fulfilling trading experience while trading the markets on its trading platform. Not surprisingly, the broker today is able to execute more than 30 million transactions on a monthly basis.

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Trading Platforms

ExpertOption rather than opting for a white labeled trading platform like the majority of the binary options brokers in the industry has decided to use a proprietary platform. This is in line with their vision to provide their clients with a more satisfying trading experience as compared with what traders get when they trade from a white labeled platform. With the ExpertOption trading platform, traders can rest assured that their transactions will be executed promptly and efficiently without any delay.

The platform is well designed with the price chart dominating the trading screen. Aesthetically pleasing, the platform is also user-friendly and comes integrated with several advanced trading tools such as trend lines and horizontal lines and technical indicators. One very nice feature of the ExpertOption trading platform is the trading signals and alerts which are streamed live across the price chart. These signals are categorized as “Buy”, “Strong Buy”, “Neutral” or “Strong Sell” and “Sell”. And if the “Trader’s Deals” feature is activated, it will illustrate on the price chart at what point other traders are entering into the market. You can also select what type of chart and what time frame you want to use on the trading screen. The platform gives you a choice of 4 different types of charts to choose from. For potential clients of ExpertOption who wish to test out the trading platform before committing real money, they can do so with the free demo account provided by ExpertOption. The demo account comes preloaded with $10,000 virtual money and is more than sufficient to give you a feel of how the platform really performs.

Apart from the web based version of their trading platform, ExpertOption has also made available a mobile trading app, which traders can download and install onto their smartphones or mobile devices. These mobile apps are available free of charge on Google Playstore or Apple App Store. Hence regardless of where you are, you will be able to access your account at ExpertOption at any time using just your smartphone. This in turn will allow you to manage your account, transfer funds or even execute trades while on the move.

Trading Markets

Currently, the coverage of the financial markets at ExpertOption includes the forex market, the commodity market and the cryptocurrency market. There are in total 41 currency pairs, 16 cryptocurrencies and 4 types of commodities. The following table below shows the full list of underlying assets which can be traded at ExpertOption.

These different types of assets can be traded as short term trades or long term trades. Overall, the returns offered by ExpertOption are quite high ranging from 89% to 95%.

Support

ExpertOption places strong emphasis on ensuring that their clients experience the best customer service while trading with the broker. To ensure all their clients’ needs are well taken care of, ExpertOption currently employs more than 100 account managers to look after their needs. In addition, the customer support services are available on a 24/7 basis. The website is also translated into several languages such as Arabic, Bahasa Malaysia, Thai, Chinese, Russian and Tagalog. Getting in touch with support staff is easy, as there are multiple channels of communication available. You can choose from email, live chat or even calling them directly on the telephone at one of the localized support numbers published on their website.

Security and Fairness

In terms of security, ExpertOption has provided this assurance by voluntarily subjecting their operations to regulatory oversight by the Vanuatu Financial Services Commission (VFSC) and the Financial Market Relations Regulation Center (FMRRC). In addition, all data on ExpertOption’s servers are encrypted using the latest and strongest cryptographic algorithms. Transactions made with credit cards are all vetted and verified by VISA and MasterCard. And to ensure transparency and fairness, all quotes are provided by leading analytical agencies.

Screenshot

ExpertOption Screenshot
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ExpertOption Reviews by Traders
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RudyardK
122 reviews
Review date 12/06/2018
1 2 3 4 5 6 7 8 9 10
ExpertOption is regulated and offers a user friendly platform with a great range of assets to trade.
ExpertOption has too many bad reviews for em to take them seriously.
Peterpan1
153 reviews
Review date 11/06/2018
1 2 3 4 5 6 7 8 9 10
ExpertOption is regulated and many of their traders claim high returns.
ExpertOption has their own proprietary trading platform. I'd rather stick to one of the more popular choices then try something untested.
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