Expert option Review
Expert Option is an online trading platform that was founded in 2014. The platform offers a variety of trading instruments, including stocks, currencies, commodities, and cryptocurrencies. It operates in more than 150 countries worldwide and boasts of over 50 million registered users. In this review, we will explore the various features of Expert Option, including its trading instruments, trading platform, account types, and customer support.
Trading Instruments
Expert Option offers a wide range of trading instruments, including stocks, currencies, commodities, and cryptocurrencies. The platform offers more than 100 different assets for trading, which is quite impressive. It also offers leverage of up to 1:1000 for some assets, which can significantly increase your profits if used correctly.
Trading Platform
Expert Option’s trading platform is user-friendly and easy to navigate. It is available in both web-based and mobile versions, which makes it convenient for traders who prefer to trade on the go. The platform offers several technical analysis tools, including trend lines, moving averages, and oscillators, which can help traders make better trading decisions. The platform also offers real-time price quotes and market news, which can be useful for traders looking to stay up-to-date on market events.
Account Types
Expert Option offers several account types to cater to the needs of different types of traders. The account types are:
- Micro Account – This is the basic account type, which requires a minimum deposit of $10. It offers a maximum leverage of 1:500 and allows traders to trade with a minimum trade size of $1.
- Basic Account – This account type requires a minimum deposit of $50 and offers a maximum leverage of 1:1000. It also offers access to a personal account manager and a 50% bonus on the deposit amount.
- Silver Account – This account type requires a minimum deposit of $500 and offers a maximum leverage of 1:2000. It also offers access to a personal analyst, trading signals, and a 100% bonus on the deposit amount.
- Gold Account – This account type requires a minimum deposit of $2,500 and offers a maximum leverage of 1:4000. It also offers access to a VIP account manager, trading signals, and a 125% bonus on the deposit amount.
- Platinum Account – This account type requires a minimum deposit of $5,000 and offers a maximum leverage of 1:6000. It also offers access to a VIP account manager, trading signals, and a 150% bonus on the deposit amount.
Customer Support
Expert Option offers customer support via email, phone, and live chat. The support team is available 24/7 and can assist with any issues or questions that traders may have. The platform also offers a comprehensive FAQ section, which can be useful for traders looking for quick answers to their questions.
Advantages
- Wide range of trading instruments – Expert Option offers more than 100 different trading instruments, which can help traders diversify their portfolios and reduce risk.
- User-friendly trading platform – The platform is easy to navigate and offers several technical analysis tools to help traders make better trading decisions.
- Multiple account types – Expert Option offers several account types to cater to the needs of different types of traders.
- High leverage – Expert Option offers high leverage of up to 1:6000, which can significantly increase profits if used correctly.
- 24/7 customer support – The support team is available 24/7 and can assist with any issues or questions that traders may have.
Disadvantages
- Limited regulation – Expert Option is not regulated by any major financial authority, which can be a cause for concern for some traders.
- Limited payment options – Expert Option only accepts.
