On-line since: About company: ExpertOption provides binary options trading. The company was established in 2015. The legal name is ExpertOption Ltd. The address is Saint Vincent and the Grenadines, 1510, Kingstown, Suite 305, Griffith Corporate Centre. The registration number is 22863 IBC 2015. The broker can satisfy the needs of beginners who have just started trading binary options. ExpertOption provides four account types. Clients who do not want to risk their own money can register a demo account with a virtual balance of $1,000. This is the best solution for those who want to try hand and get acquainted with the trading platform. The maximum size of deposit varies depending on the account type. Accounts with high limit of minimum deposit enable traders to open several trades simultaneously. Expert Option offers its own trading platform which is almost similar with the IQ Option platform. A self-developed software is an obvious advantage of this broker as it is customer-oriented. The interface of the platform is user-friendly and provides a good view of the trading process. Trading signals can inform you when it is better to buy a call option or a put option, or when the price is trading within a narrow range. Besides, some indicators can be installed into the platform. Traders can choose various assets: currency pairs, indices, and commodities such as gold or crude oil. The company offers options with a short expiration term only. The ExpertOption platform is available as mobile apps for iOS and Android. Moreover, clients of ExpertOption have an opportunity to copy deals of other successful traders. Bonuses and advantages of ExpertOption:
The website is available in 12 languages. The support is provided in English, Chinese, Thai, Hindi, and Russian languages. Clients can connect with the support team by Skype or a live chat. The website of ExpertOption contains an educational section where traders can find useful articles about trading in a few clicks. However, this information will hardly be interesting for experienced traders as it describes only basics of trading. The FAQ section gives answers to the most frequently asked questions. The website is available in Russian, English, Portuguese, Spanish, Chinese, and Arab. To deposit or withdraw, clients of ExpertOption can use a bank wire transfer, Visa or MasterCard bank cards, UnionPay, Skrill, Neteller. Withdrawals are made through the same payment system which was used for deposit. All withdrawal requests are processed within two days. Moreover, the broker provides bonuses which can be withdrawn after you close a certain number a trades. The bonus can be involved into trading straight after it is credited. ExpertOption Ltd. owns the ExpertOption broker. Read the comments about ExpertOption before registering an account with them.
3/10
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I can deal with option trade easily on the ExpertOption platform. As I have found the best spread and instant execution on their trading platform. I have received my payments on time and ExpertOption’s support team is so trined up. My business growing up with their good service and a wide range of bonuses, and many trading instruments in the market!
ExpertOption is the fastest growing Forex broker. They keep commission only 5%, which is perfect for me, and the execution time is very excellent. They always try to discover so many things to with respect to the current time. Thier own option trading platform works very well.
ExpertOption is not a reliable broker. I had a lot of problems with them. As they have slow execution, constantly requotes in the news time, and it's really hard to reach their support. Last week, they canceled my profit of $456 but did not cancel my loss of $200 during the same period. Besides this, I am also having a problem with my withdrawals. My last withdrawal of $355 is still pending after 20 business days. I don't feel comfortable at all trading with this broker.
Expert Option does not require a high minimum initial deposit but their trading fees are very high. If you have a small capital, you might be broker simply because of the fees. It is unreasonable even for expert traders.
It's uncomfortable trading with Expert Option. Their platform is not great, I lost $325 in single trade due to their worst execution and high spreads. Their system also down several times and it always takes time to fix it. Their customer service also very ignorant and not helpful at all. I decided to close my account at this broker and will never trust my trading with them anymore.
In terms of legality and security, I'd say that Expert Option did well on this. They are regulated and they provide segregated account for their clients. However, the trading cost is too high. Their spread varies and could go as high as 17 pips (based on my experience). I cannot afford that much because it would be a sure loss for me.
I am very unfortunate trading with Expert Option due to their inconsistent spreads. I just made an order that still hadn't been filled, no open positions and lost my connection. I think they had a server problem. I lost about $475 from my profit and I didn't get the no deposit bonus they promise before. The trading platform is really bad. Their staff is obviously not qualified and they behave rude with their clients.
I closed my account with this broker 6 weeks ago, after I tried to call support team for over 1 month to help me with the delays on the platform, and the irony is that they are now calling me to harass so that I will open again account with them. I traded for 2 months only with Expert Option with a classic live trading account. I made my deposit of $500 with Neteller and it was credited instantly to my account. The platform is crashing a lot and taking my positions and money with it each time. I found out also that the broker is manipulating the prices and I requested to close my account.
I have an account with ExpertOption, it is very hard to do business with this broker. They raised their withdrawal fee to almost 2 two times. Sixteen days back I apply for a withdraw of $650, via China UnionPay and they processed it today and get only $462 after dedicate transfer fee. Immediately I send an email them about this issue they replied me that this fee charged by China UnionPay. Even I have withdraw others broker at a time in same payment methods but they did not charge that much. Their withdrawal system sucks.
I would not trust this ExpertOption broker. I invested 300$ there I made $130 within one week. After that I make few orders on CFDs. but when price moves Equity should increase, but for me it was totally opposite . First they make trust then break it. I loose $245 because of that finally I feel they are doing fraud.
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