Founded in 2014 and regulated by FMRCC, ExpertOption is a fairly new broker in the binary options industry, but also one that has received a lot of praise recently. In this ExpertOption Review 2016, we will take a look at all important features and characteristics of this broker to see if all the rumours are true and whether this really is a broker we can recommend to our readers. As with most brokers we review, the first element that we will tackle is their trading platform, so let’s get started!
ExpertOption Review 2016 | Trading platform
The first surprise we encountered when we started doing our research for this ExpertOption Review 2016 was that unlike most brokers, ExpertOption have developed their own software for their trading platform. This is a risky move, as it opens the broker up to a whole plethora of issues if this software is not crafted by real experts. However, as we found out during our research, this was the right move for the company. The custom-made platform is better suited to their unique characteristics and it suffers from no hiccups that one might expect from in-house software. As an added benefit, the platform is available for Windows, iOS, Android and Mac, so you never have to stop trading. This is fortunate, because with ExpertOption, you will not want to. ExpertOption offers dozens of assets for trading – ranging from currencies, stocks and commodities. We spent a lot of time trading with ExpertOption for this ExpertOption Review 2016, and we have to say, it has been one of the most pleasant and productive times we have ever had in trading. However, don’t stop reading yet, because we are yet to cover another aspect of ExpertOption that was a surprise to us – their account options.
ExpertOption Review 2016 | Accounts
ExpertOption has four different account types at your disposal. The first and smallest is the MINI account, with the minimum deposit starting at 50 USD. This account package will get you the basics – you will be able to trade 24/7, and you will get access to ExpertOption’s education materials, which we will cover in more depth in a later part of this ExpertOption Review 2016. You will get a 50 % bonus, and your maximum deal will be capped at 20 USD. With the most popular SILVER account, with a minimum deposit of 250 USD, you will also get a personal manager, an 80 % bonus and a 50 USD maximum deal amount. With the GOLD and VIP accounts, with 1000 USD and 2500 USD minimum deposits respectively, you get increased asset profit, consultation with a leading trading expert and your bonuses and maximum deal amounts will also increase. All in all, we can say that the account options of ExpertOption are both vast and deep. They have really made sure that, no matter your preferences, you will have just the account that you are looking for.
ExpertOption Review 2016 | Withdrawal and deposit
As mentioned in the previous section of this ExpertOption Review 2016, depending on your account type, you can get a deposit bonus, ranging from 25 % all the way to 125 %, which is certainly not an amount to ignore. In addition to this, all new accounts get a 100 % welcome bonus, which is a really nice gesture from the broker and a way to ensure new traders can really learn through practice. So, even if you only deposit the minimum 50 USD to start, you will still get the opportunity to do plenty of trades, since the minimum deal amount is 1 USD. The withdrawal options are the real gem here, however, and we cover them in more depth in our ExpertOption Withdrawal. First of all, ExpertOption has no withdrawal fee, meaning you can withdraw your money at any time without considering the withdrawal fee, as you have to with many other brokers. The minimum withdrawal amount is 10 USD, which is again rather low, so your money will never be stuck with the broker, unable to be withdrawn. The withdrawal process takes about 2 workdays, which is on par with the best brokers on the market, and ExpertOption has plenty of methods available for you to carry out your withdrawals: Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, Payweb, PerfectMoney, Qiwi, Yandex, Money, Webmoney… All of this makes up for a trading environment where your money is always in your hand, able to be withdrawn at any point, safely and quickly. But what if you’re completely new to binary options and don’t even know where to start with all this? ExpertOption has you covered, so take a look at the next section of this ExpertOption Review 2016.
ExpertOption Review 2016 | Education and Support
In a nutshell, no matter how experienced as a trader you are, you will learn something new with ExpertOption. You get to choose between a detailed trading glossary, various analyses (technical, graphical, fundamentals…), an overview of the psychology of trading, trading strategies etc. As experienced traders ourselves, we analyzed all of these segments in depth and as said before, no matter how much experience in trading you have, you will learn a lot with ExpertOption and emerge a better trader, able to realize much higher profits on your trades. Without a doubt, this is one of the main reasons why ExpertOption’s clients have such a good opinion of this broker.
ExpertOption Review 2016 | Safety
Safety is often the stumbling stone of many brokers simply because it is the most important feature of any broker on the market. We won’t go in depth on this topic here, as we previously analyzed in our Is ExpertOption a Scam article, but we will mention some of the most important elements. First of all and as previously stated in this ExpertOption Review 2016, this broker is regulated by the independent FMRCC, which speaks volumes about trading with this broker. Additionally, your funds are stored in secure European banks for added security. The broker uses popular features, such as the MasterCard SecureCode and the entire website is protected by the renowned Digicert. All in all, we can say that ExpertOption is a trustworthy broker and one that will protect your money and information.
ExpertOption Review 2016 | Conclusion
In conclusion of this ExpertOption Review 2016, we wholeheartedly recommend this broker. Numerous and diverse features, great safety, a fantastic support system, flexible withdrawal and deposit options and almost certain profit. Don’t delay; open an account with ExpertOption today!