- What is Expertoption.
- How Does It Works.
- Is Expertoption Reliable?
- Types of Accounts and Trading conditions.
- Deposits and Withdraws.
- Terms of Service.
|Regulated:||–||Instruments:||forex, cryptocurrencies, stocks, commodities|
What is Expertoption
The modern world offers to earn real money online, without leaving home. One of the ways to wealth is trading in currency pairs, on sites like Forex. If you have an analytical mindset and be able to predict the development of fluctuations in the exchange rate, then the profitability of transactions reaches 90 percent.
However, it is very important to choose a reliable company as a partner, offering a large set of tools to the broker and protecting his data. One option is the Expertoption review which is presented in this article.
How Does It Work
The company was incorporated in 2015 in Saint Vincent in the Grenadines. To date, about 8 million customers from different countries, including the USA, Europe, the CIS, Central and South Africa, have passed the registration procedure. To register, you will need to specify personal data, email address, mobile phone number, come up with a login and password to enter your account.
Now customers can carry out in Expertoption online trading. To do this, select the appropriate currency pair (180 assets are presented on the site), set the expiration time (from 30 seconds to 5 minutes), and determine the appropriate indicator (available on the site: MACD, Parabolic SAR, RSI, etc., client can independently add the necessary options). If the exchange rate of the currency pair matches the forecast, the broker makes a profit.
Is Expertoption Reliable?
Some users claim that Expertoption.com is scam. Such opinion appear because the company has the cheapest license from the Vanuatu Financial Services Commission (VFSC). However, this is not so, and the company is not Fake. Even given the lack of reliable licenses such as CySec and ASIC, it still operates in the legal field and provides consumer protection.
In addition, all customer data is reliably protected with the help of modern ciphers. Hackers or scammers cannot crack login, password or money transfer information. Suspicious activity on the site is blocked by security officers. And in case of problems, an online chat on the site, email or phone is available to contact them. You can contact the question around the clock – the staff will answer in English, Thai or Hindi.
Types of Accounts and Trading conditions
If the broker does not have enough experience for trading not real money or just wants to test the platform, you can open it on Expertoption free Demo. The client’s account is credited with 10,000 virtual dollars, which he uses at his discretion. Once the basic principles become clear, you can open a real account. Several options are available:
• The minimum deposit is $ 50, and the client gets the opportunity to conduct 10 transactions simultaneously. The maximum amount of transactions is $ 25;
• To open this option, you need to deposit $ 500 on a deposit. As a bonus, the broker receives the support of a personal manager and a daily review of financial markets. The number of simultaneous transactions is up to 15, and their amount is $ 250;
• It is activated after replenishment in the amount of more than $ 2500. The features of gold accounts are higher profits (increase up to 2%), the ability to open up to 30 transactions at the same time, as well as priority when withdrawing funds from the account;
• It is assigned to customers who have replenished a deposit worth more than $ 5000. As a bonus, increased profits (4%) and a maximum investment limit per transaction (up to $ 2000) are accrued. The number of simultaneous bets is not limited;
• VIP account available by invitation only. In addition to all the functions of a platinum account, there will be an opportunity to invest up to $ 5,000 in one transaction, and the profit increase will be 6%.
Deposits and Withdraws
Now is the time for Expertoption trading, but before that you need to replenish the deposit. The company offers many options:
• Bank cards Visa, Maestro, MasterCard;
• Electronic wallets Neteller, WebMoney, Qiwi, Yandex, Skrill, UnionPay;
• Cryptocurrency Bitcoin.
Replenishment of the account is carried out instantly, you just need to go to your personal account, choose the appropriate payment method and indicate the amount. Applications for withdrawal of funds are processed within a few days. The minimum size is $ 10, and priority is given to users with VIP, Platinum and Gold status. If the amount of funds to withdraw is less than the amount of money, the company deducts a commission of 10%.
Terms of Service
Expertoption broker is a good option for trading with its own set of advantages and disadvantages.
• Small minimum deposit (from $ 50)
• The presence of a large number of tools;
• Ability to upgrade your account to Platinum or VIP;
• The presence of a mobile version for iOS or Android;
• Replenishment and withdrawal of funds in cryptocurrency;
• A simple and intuitive site with many educational materials.
• Unreliable VFSC license;
• Weak bonus program;
• Delays in the transfer of funds upon withdrawal.
Expertoption platform may be suitable for trading to brokers, but after a thorough analysis of all factors.