ExpertOption Review

When you trade or invest, it’s really important to pick a broker that’s safe and legit. So, is ExpertOption a trustworthy platform for binary trading? Lots of folks ask this question. Some think it’s a scam, while others think it’s safe. In this review, we’ll look at both views to help you decide if ExpertOption is a good choice for you.

🏢 Headquarters St Vincent and the Grenadines
📅 Year founded 2014
🗺️ Regulation SVGFSA
💻 Trading platform: Own Expert Option platform for PC (OS: Windows, Mac), web terminal, and mobile application for Android and iOS
💰 Account currency: USD
📊 Accounts: Demo, Micro, Basic, Silver, Gold, Platinum, Exclusive
💵 Withdrawal options: Bank cards (Visa, Visa Electron, MasterCard, Maestro), bank transfer, electronic systems (Skrill, Neteller, WebMoney, UnionPay, Perfect Money, FasaPay, and M-Pesa)
💵 Deposit options: Credit/debit card (MasterCard, Visa and Union Pay), Skrill, Neteller, Fasapay, Perfect Money, Bank Transfer
🚀 Minimum deposit: $10 / R160,67 USD/ZAR
⚖️ Leverage: 1:500
☪️ Islamic account (swap free) No
🎮 Demo Account Yes
💱 Spread: 0.1 pips
🔧 Instruments: Binary options
📋 Orders execution: Own proprietary platform
☎ Customer Support: 24/5
📚 Education Yes

What is ExpertOption?

ExpertOption is a broker for binary markets. They focus on services like trading binary options. The company started in 2014 and has over 30 million clients. People trust them a lot, showing they’re reliable. Visa and Mastercard have checked and confirmed them. Also, they make sure user info stays safe by using strong encryption. In 2017, Shenzhen ExpertOption got the Best Trading Platform award at the China Trading Expo.

Is ExpertOption is safe or a scam?

No, ExpertOption isn’t a scam broker. Over the years, it has built a good reputation and become popular among traders. ExpertOption is trusted by major credit card companies like Visa and Mastercard. They use strong encryption to protect user data. In 2017, the company won the Best Trading Platform award at the China Trading Expo.

However, it’s important to know that ExpertOption isn’t regulated by government authorities. This means they don’t follow strict rules like regulated brokers do. While this doesn’t mean they’re a scam, it does mean there’s more risk for traders.

FAQs

What’s the minimum withdrawal from ExpertOption?

The smallest amount you can withdraw from ExpertOption is $10. Once your account balance goes above this, you can ask for a withdrawal.

Is it safe to use ExpertOption?

ExpertOption is generally safe for trading. But remember, it’s not closely watched by top financial regulators. Like with any trading, make sure you understand the risks.

Is ExpertOption trade real?

Yes, ExpertOption trade is a real platform for trading different financial stuff. But it’s not as regulated as some others.

Can I take out money from ExpertOption?

You can withdraw your profits using different ways like VISA, MasterCard, PayTM, UPI, Skrill, Neteller, and more.