Today, we take the ExpertOption broker under the microscope. The platform was created in 2014 and is regulated by VDSC and IFMRRC. The broker provides us with a very transparent and modern-looking interface along with an education section that will allow new users to enter the world of investment without any problems. In this article, we will take a closer look at what ExpertOption has to offer.
Key information about ExpertOption
Company Name: ExpertOption Limited
Location: St. Vincent and the Grenadines
Address: Griffith Corporate Center, 1510, Kingstown, Suite 305, St. Vincent and the Grenadines
Regulations: VFSC and IFMRRC
Minimum deposit: $50
This is one of the basic conditions that a broker must meet with those of us who decide to make a deposit. ExpertOption is a broker that allows you to play on your demo account without registering. All you have to do is press the button on the “Free Demo Trial” home page and we can start the training. I always compare charts from different vendors before investing to make sure that the broker does not manipulate the price. Fortunately, at ExpertOption, I didn’t notice such practices, and the charts were true.
The corridor is regulated by FMRRC oraz VFSC. I honestly did not originally associate this organization so I did a little research and found out that it is a Russian, non-profit organization that specializes only in regulating intermediaries, so “their services were completely safe for all investors.
I didn’t find any negative opinions about this organization. In addition, it has strict requirements for brokers, so if ExpertOption is under their sponsorship, you can trust them.
Types of accounts
It is worth noting that if we have a Basic account, the maximum amount we can invest is $25. That is why I think you should consider paying a deposit of at least $500 because it will allow more options. We also have an “Exclusive” account, which we can only access by special invitation. We can activate other types of accounts by paying a deposit of the correct size.
Without waiting too long I paid the deposit and decided to see how it really looks. I must admit that the platform is really nice to look at, it works very well and the options are immediately reproduced in our application. We also have indicators that allow us to build strategies:
Interestingly, we have access to completely free signals. On the right side of the platform we can see the lightning icon with the signature “Trends”. If we click on this place, we will see the proposed games in minutes 1, minutes 2 or minutes 5.
Interestingly, ExpertOption also offers Social Trading, which consists of copying other users’ games to increase profits. The platform is available on the browser, mobile (iOS and Android) or even on the desktop (Windows and MacOS)
Return on Investment
The platform can convince many people who want to invest in the highest possible returns. In the case of ExpertOption, the return is really enormous and even reaches 95%. That is a lot
We are entering a controversial subject because we will be talking about payments. Quick payment processing is a key element of any intermediary, so if ExpertOption wants to compete with the best, it must make payments quickly and without talking. How was my case? I requested a withdrawal to my Skrill account and received the money the same day, very soon!
Support in this industry is very important. The agent offers the possibility of contact by phone, by email and through a special contact form, and all this is 24/7. We also have the option to talk to a consultant who will immediately answer the questions that concern us.
From my tests, it seems that this is a completely reliable and additionally regulated runner by FMRCC. Of course, we can find many different opinions on the web, but keep in mind that the same problem affects all riders. This industry works in such a way that brokers buy negative reviews, to ruin the reputation of other platforms, so I do not recommend suggesting reviews on the internet because most of them are fake. It would be better if you try the platform yourself and form an opinion about it.