ExpertOption – another broker among the young companies, offering binary options trading services. The company is registered in 2015 in Great Britain, but there is still no information whether it will get the British FCA license or not this year. But the license of Russian regulator CROFR was issued long ago and is still active.
Partially the product is similar to those that the young brokers have, that were registered 1-2 years ago:
- emphasis on the trading platform and its features, functionality (ExpertOption has proprietary trading platform with high execution speed);
- a fairly broad set of classic options and assets;
- low threshold for entrance into trade with the aim of attracting potential clients.
Advantages of trading conditions of ExpertOption:
- free demo account (part of functions are limited, access to statistics is denied);
- profitability up to 95% from the transaction;
- more than 180 of available assets;
- minimum deposit – 10 USD (or 500 RUR), minimum stake - 1 USD.
There is a tutorial block of trading recommendations for the beginners. For real traders ExpertOption offers 5 types of accounts depending on the deposit. Minimum deposit (in rubles) is 500 RUR, maximum 200 000 RUR.
Variants of options are rather limited from ExpertOption: so far only the classic quick options with the expiration time from 1 to 3 minutes are available for the investor. Soon the long-term options (24 hours and 1 week) should appear.
The main feature of deals from ExpertOption is that the broker provides, in some cases, a refund of 30-50% of the investment in case of wrong prediction, whereas other brokers in most cases do not return the money, calling it a loss of the investor. However, 30% are returned when with Silver status, 50% with Vip status.
Piculiarities of ExpertOption trading platform:
- easy visualization of trade: the graphs in the form of American bars, Japanese candlesticks, linear method;
- it is possible to put three popular indicators: moving averages, Bollinger bands, alligator;
- convenient interface and changeable number of Windows (for example, it is possible to work with 4 independent options).
After you tried the free demo account, where 1000 points are offered for the experiment, we offer to try your forces on real trading. Quotes for any asset are displayed in ExpertOption trading platform in real time if the real account is opened (the quotes provider is Claws&Horns). To register: enter contact information, confirm email address, add fungs at "Finances" section. Depending on the Deposit amount a trader can be assigned various status that determines the amount of bonuses offered by the broker.
- Important: the bonuses provided by ExpertOption, must be worked out in consequence. Therefore, we strongly recommend that before you accept the bonus, contact the Manager and clarify what it will require in the future.
Trading platform has the function of copying the trading (social trading). Although it is difficult to surprise, however, each terminal has its approach to this function. How to manage the service "Social trading":
- choose trades on the sidebar whose transactions are showing the highest yield;
- track transactions for multiple traders;
- copy their trades.
Remember that the speed in making a decision is important in short-term trades! And the trade copied from the successful trader with a delay of 30 seconds on the contrary could be wrong.
Replenishment is possible via a popular e-wallets, and Bank cards of international payment systems. Deposit currency is US dollar and Russian ruble. Withdrawal of funds is carried out within 3 days. For verification data a passport scan and scan of the card on which money can be withdrawn can be required.
To sum up: ExpertOption is gaining its weight in the market of binary options. Some of the benefits of the broker are obvious: the minimum rates, small deposit, expedited withdrawals. However, in order to feel the real difference of ExpertOption from other brokers, you need to try to work with him. We are sure that you will certainly find something interesting in it.
ExpertOption - reliable broker for good income!
Year of foundation: 2014
Location: Saint Vincent
Minimum deposit: 10$
Leverage / Profitability: 95%
Minimum trade: 1$
Bonuses: 100% bonus
Available assets: currency pairs, indices, stocks
Trading platforms: ExpertOption
Languages: Russian, English, German, Portuguese, Spanish, Italian
Payment systems: webmoney, яндекс деньги, Visa, Master Card, UnionPay, Skrill, Qiwi, Neteller
Phone: +44 20 3695 4060