Expert Option Review

Expert Option Review – Safety and Security of Clients’ Funds

Every trader’s top priority is the security of their investments. And the vision of the Expert Option is to provide transparent trading experience to their traders. The broker commits to provide exact quotes to its clients from real-time market data. And for the sake of security, the company is supported by Visa and MasterCard. And all the data processing is protected with the best in the industry data encryption. Also, the broker separates their client’s funds and puts their investment in the grade-A banks. Transparency is always the top goal of this broker. Therefore, we can say that the Expert Option is an honest and reliable Fixed Time Trading broker.

THE EXPERT OPTION TRADING PLATFORM

ExpertOption is a leading online trading platform that offers a wide range of trading instruments and services to its customers. The company provides a variety of trading platforms to meet the needs of different traders.

The ExpertOption web-based platform is the most popular platform among traders. It is a user-friendly platform that is accessible from any web browser. It offers a wide range of features, including advanced charting tools, real-time market data, and a variety of order types. The platform also offers a range of educational materials to help traders improve their trading skills.

The ExpertOption mobile app is available for both Android and iOS devices. It offers a range of features, including real-time market data, advanced charting tools, and a variety of order types. The app also provides access to the company’s customer support team.

The ExpertOption desktop platform is designed for experienced traders who need more advanced features. It offers a range of features, including advanced charting tools, real-time market data, and a variety of order types. The platform also provides access to the company’s customer support team.

ExpertOption also offers a range of social trading platforms. These platforms allow traders to copy the trades of other successful traders. This allows traders to benefit from the experience of more experienced traders without having to do all the work themselves.

ExpertOption provides a range of trading platforms to meet the needs of different traders. The company’s web-based, mobile, and desktop platforms offer a range of features and services to help traders succeed. The company also offers a range of social trading platforms to help traders benefit from the experience of more experienced traders.

Free Charting tools and Analysis

Analyzing markets and its volatility is important for successful trading. Charting helps you understand how the market moves if it is either going up or down. With charting, you will see whether you should buy or sell. When volatility is high, the value can spread out over a wide range and price. It can change quickly in a short time in each direction it moves. The well-known charting style is candlestick charting, which most traders are using. Candlestick chart style defines the movements of the price of a financial chart.

It involves the derivative, currency price movement, and security. One candlestick represents one day, so for 24 candlesticks for 24 hours of a day. The Japanese candlesticks are rectangular bars with upper and lower lines. The red or green rectangle is the candlestick body, and the lines are the candle shadows.

These rectangles include the following:

• Open price- Is the price is at the beginning of the interval. 
• High price- Is the maximum price.
• Low price- This is the minimum price during this interval.
• Close price- Is the price at the end of the interval.

Two kinds of candlesticks:

• Bullish Candle – Is a candlestick showing the price growth and an opening price, which is lower than the closing price.
• Bearish Candle- Shows the price fall and an opening price, which is higher than a closing price.

Many traders chose Candlestick analysis because of its simplicity. If traders can understand the basic rules of candlestick charting, then they may be able to predict the future price movement and receive an excellent trading result.

How does Expert Option Trading work?

To become a successful trader, one should know how to trade and what he/she wants to trade on. The focus of the Expert Option is on trading binary options. A binary option is a financial option where you can pay off some fixed monetary amount or nothing at all. First, you need to choose an asset that you want to trade. Then, select how much you want to invest in a single trade. Then, select the time when the trade should end. Finally, you have to predict whether the price will go up or down.

Always remember that binary options are complicated trades with a high level of risk. If you do not understand how it works, you might lose your funds. Hence, it is advisable to get a demo account first to avoid any unintentional trading executions.

Free Demo Account

You should get a free demo account first before trading in a real account. Trading requires high risk, and it may result in the loss of all your investments. If you do not understand it works, it is advisable to practice your trading strategies in a demo account.

Expert Option offers a free demo, which has $10,000 virtual funds. You can use it to practice trading executions without investing real money. Just go to the official website of Expert Option (https://expertoption.com/), it will take you directly to a demo account. If you are on the homepage, click on Try free demo, it will take you to the demo account.

Is Expert Option legal?

Well, it depends upon your country of jurisdiction. Expert Option does not accept traders from citizens and residents of the USA, European Economic Area, Canada, Switzerland, Israel, Australia, New Zealand, North Korea, Puerto Rico, Singapore, Indonesia, Yemen, Bangladesh, and Sudan.

Hence, ExpertOption is legal in the rest of the world except the countries mentioned above. However, you should know about the latest rules in your country before starting a business with ExpertOptions.

ExpertOption Account types

Micro and Basic Account – Expert Option allows their traders to choose what account suits them best. Micro has a $10 maximum deal amount, and Basic has $25. These two accounts are suitable for traders who want to start with small investments.

Silver Account – The next level of account is Silver Account, which includes free daily market analysis and research. The maximum deal amount is $250, and the maximum number of open deals is 15.

Gold, Platinum, and Exclusive have all the features and have the benefit of priority withdrawal. When it comes to Gold, Exclusive, and Platinum, these 3 have no limit within terms of a maximum number of simultaneously open deals. And for Gold, it has 30.

Here are accounts offered by ExpertOption:

• Micro- $10, and a maximum deal of $10
• Basic- $50, with a maximum deal of $25
• Silver- $500, and a maximum deal of $250, with daily market research and news.
• Gold- $2,500, and a maximum deal of $1,000, daily market news and research, increased asset profit 2%, and priority withdrawal. 
• Platinum- $5,000, and a maximum deal of $2,000, daily market news and research, increased asset profit 4%, and priority withdrawal.
• Exclusive- invitation-only, with a maximum deal of $3,000, daily market news and research, increased asset profit of 6%, and priority withdrawal.

With Expert Option, registering an account is simple. You can use your social media accounts such as Facebook or Google account. All you need to do is to provide your active email address and create a password. Account deposits vary on which type of account you choose. A real trading account requires a $50 minimum deposit. 

Customer support and services are available in the following languages:

• English
• Chinese (2 variations)
• Thai
• Hindi
• Korean
• Portuguese
• Vietnamese
• Arabic
• Turkish
• Indonesian
• Malaysian
• Spanish
• Polish
• Filipino

The expertOption platform comes with 15 languages, all these are also available for the web version of the platform. But, for phone support, only two languages are available, and these are English and Hindi.

Accepted and Forbidden Countries

Expert Option does not provide services to citizens and residents of the United States of America, Canada, Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Singapore, Bangladesh, Vanuatu, Yemen, all over the European Economic Area, and Sudan. It is due to regulations and legal matters in these countries that restrict Binary Options and Digital Options in these countries.

CONCLUSION

Expert Option is a legitimate broker. The broker offers more than 100 assets to trade on and has an easy to use platform. You can use the platform in any device, and with the mobile trading app, you can trade whenever and where you are. The company values transparency as well as the trust of its clients. The minimum deposit to start trading in a real account is $10, and there are no hidden fees. This broker offers lightning speed trading execution. It is always ready to assist you with your trading journey. Therefore, we can conclude that this broker is reliable and trustworthy.