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EXPERTOPTION

EXPERTOPTION

About company:

 

ExpertOption is a binary options broker. The company was founded in 2015. This broker is owned and operated by ExpertOption Ltd. (Address: St. Vincent and the Grenadines, 1510, Kingstown, Suite 305, Griffith Corporate Center. Registration number: 22863 IBC 2015).

 

The broker is suitable for beginners who want to try trading binary options for the first time. ExpertOption has four trading accounts.

 

The broker also has a demo account, which does not require an initial investment. Traders receive $ 1,000 of virtual funds and can test the platform before making any real investment. It is a great solution for traders who want to experience trading and become familiar with the platform.

 

The maximum investment depends on the account chosen. Accounts with high minimum deposits allow you to make several transactions at the same time.

 

Expert Option offers its own trading platform, which is very similar to the popular IQ Option trading system. While most brokers choose popular platforms, proprietary platforms have their advantages as they are designed by the broker to meet the needs of its clients.

 

The trading interface of the platform is very easy to use and provides a good overview of the trading process. There are trading signals in the format of recommendations - when is it better to buy an option with the expectation of a rise in the price, when to fall, and in what cases the quote is in the “corridor”. Some indicators can be added on the platform. Traders can choose from a variety of assets such as currency pairs, indices and commodities, although commodities are limited to gold and crude oil. Options only have a short expiration date. The ExpertOption platform has an application for smartphones, tablets and PCs, and for devices running on iOS and Android operating systems. In addition, there is social trading, which means that traders can copy the trades of other more successful traders.

 

ExpertOption bonuses and benefits:

 

minimum deposit - $ 10; the minimum trade size is $ 1; demo version without deposit; profit up to 95%; trade in just 60 seconds; free trading signals; mobile trading application; helpful teaching materials; free analytics; assistance of a personal manager who will analyze the trade journal and help with a trading strategy.

 

The site is available in 12 languages, including Russian. For Russian traders, a separate telephone support line has been allocated, which is open from 10 am to 7 pm Moscow time. Help is provided in English, Chinese, Thai and Hindi. The broker also communicates via Skype and online chat.

 

The ExpertOption website has an educational section. There, traders can find helpful articles on various aspects of trading in just a few clicks. However, the training materials are likely to be of no use to professional traders, as they only describe the basic aspects of certain trading opportunities. Educational materials are available in Russian and include text and graphics.

 

The FAQ section provides answers to popular questions that are of interest to traders. The website is also available in multiple languages such as Russian, English, Portuguese, Spanish, Chinese, Arabic.

 

Traders can withdraw money or deposit using bank transfer, Visa, MasterCard, UnionPay, Skrill, Neteller. Preferably, the same payment method is used for both the deposit and the withdrawal. All withdrawal requests are processed within 2 days.

 

Broker bonuses can be withdrawn only after you complete a certain number of transactions. However, you can use them in your trade from the first minute after crediting.

 

ExpertOption is owned by ExpertOption Ltd.

 

Read the ExpertOption reviews before you start trading with a broker.

 

 

EXPERTOPTION is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  

 

The broker EXPERTOPTION makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.

 

Ways to cheat customers  

 

We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.

 

Where are brokerage companies registered?

 

One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.

 

What else to pay attention to?

 

When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of EXPERTOPTION ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about EXPERTOPTION on the website 4ex.review ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker EXPERTOPTION decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. EXPERTOPTION received a score of 1 of 5 on our resource.

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