Expertoption Review
Reason to avoid: Offshore License
Listed Date: September 7, 2018
Top 3 Forex Brokers
Beware Expertoption Review is a Non-Regulated broker. It is NOT SAFE to trade.
- Our Review
- Expertoption User Reviews
- Expertoption News
- What is ExpertOption?
- Is ExpertOption regulated?
- Is ExpertOption a scam?
- ExpertOption in India
- ExpertOption in the USA
- Deposit & Withdrawal
- Apps
- Demo Account
- Conclusion
Is ExpertOption a scam or a legit broker?
ExpertOption has been suspected as a scam broker. It is an offshore registered entity with no proper regulation. In addition, there are negative reviews mostly about payouts one the trading amounts are increased. However, since the company is not registered in the EU it does not provide or target clients from the jurisdiction, therefore didn’t receive any official claims or warnings.
What is ExpertOption?
ExpertOption claims to be the leader in the online trading industry through its offering to trade binary options with a trust of more than 8 000 000 clients at their background. This broker has been around since 2014 and has over 55 million accounts opened since that time. Since it is an international platform, the website is available in 15 different languages for a better convenience. Expert Option offers a wide range of assets to trade including stocks, forex, commodities, and cryptocurrency.
About Expert Option
| 🗺️ Registered in | St. Vincent and the Grenadine |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is Expert Option safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | IC Markets - licensed by ASIC in Australia |
Licenses and Regulation
Is ExpertOption regulated?
ExpertOption is owned by EOLabs LLC., which is an offshore company registered in St. Vincent and the Grenadine.
However, the fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders.
Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets and more. Read more about St. Vincent and the Grenadines regulation by the link.
Apart from the fact that St. Vincent and the Grenadines is a very liberal jurisdiction, which does not oversee the financial investment firms and their activity, the broker also claims to hold the activity with supervision by the FMRRC organization (Financial Market Relation Regulation Center). Although FMRRC is an independent self-regulatory agency which was created to provide a level of regulation for derivative dealers and brokers. It has no connection with the Central Bank of Russia, the official regulatory body in Russia, and has very few legal powers with regards to regulating FMRRC regulated brokers.
Is ExpertOption a scam?
Nevertheless, the above mentioned regulations roughly deliver a strong base to perform a reliable operation for their licensors.
The markets, which are targeted by the broker include those who mainly work with initially low deposits since the company limits deposit till maximum 3,000$. The potential clients include Russian ones, as the website also uses .ru domain, and the India region clients since the customer services also include Hindi speaking support.
In any case, we never advise trading with an offshore or non-licensed broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such companies means the trader will believe only on the broker’s words, and of course, it is a high risk.
ExpertOption in India
Expert Option is legal in India. There is no mention of any possible legal issues between Indian traders and the broker.
ExpertOption in the USA
Company doesn’t provide services to citizens and residents of the USA, Canada, European Economic Area, Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Singapore, Bangladesh, Indonesia, Russia, Iran and Yemen.
Deposit & Withdrawal
ExpertOption has a minimum deposit of just $10 on their Micro account. This type of account is usually used for beginners, for those who just started getting to know the world of online trading. As to the minimum investment amount on the platform, it is as low as $1.
ExpertOption offers many different payment methods including all major credit cards (including Visa and Mastercard), cryptocurrency, and most major e-wallets including UnionPay, WebMoney, Skrill, Neteller, Perfect Money, Yandex Money, Fasapay, and QIWI.
Minimum withdrawal amount on the platform is also quite low, only 10 USD. The broker usually processes the withdrawals within 2 business days. To withdraw money, ExpertOption offers the same payment methods that are used for deposits such as credit cards, E-Wallets, cryptocurrency, etc.
Apps
The ExpertOption platform is accessible via mobile and desktop apps. Its mobile app is available in iOS and Android and can be downloaded at the Google Play Store or Apple Store. The desktop app is compatible with Windows or Mac.
Demo Account
ExpertOption offers traders the opportunity to practice strategies and become familiar with the platform with their demo account option. Traders can use this demo account with the balance of $10 000 virtual money in order to be able to evaluate the benefits of the trading platform.
Conclusion
Overall, it is advised to avoid trading with ExpertOption due to its unregulated services and the high-risk operation which targets numerous clients to their rows without a necessary level of protection or performance. Dealing with an offshore broker most often carries a significant chance to fall under the scam operation.
Therefore, it is better to choose among the brokers that are complied with the industry leading authorities and governmental entities that are backed with customer protection and the provision of the legitimate financial services. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and XM.com.
You can also share your trading experience with ExpertOption by commenting on this review.
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CommeTatsächlich war die Expertenoption zufrieden. Im Prinzip ist das Einkommen ganz normal. Wenn Sie wissen, wie man normal handelt, können Sie ein ausgezeichnetes Einkommen erzielen.nt Area
La fonctionnalité de négociation sociale d’Expertoption permet aux traders de surveiller les transactions et de suivre les marchés à travers le monde.
ExpertOption ha un account demo che ti consente di imparare come fare trading e ottenere il massimo dal tuo trading.
Alta funcionalidad Sobre la plataforma en expertoption.com, las reseñas de los operadores se reducen a una cosa: la plataforma es casi perfecta para practicar.
ExpertOption fornisce un set completo di strumenti di analisi tecnica, inclusi gli indicatori del computer
Now, in terms of work, I really liked this wallet
In my opinion, now this is really the best option.
While I prefer this broker to work.
In my opinion, now this is one of the best options in terms of work.
I believe that right now this broker turned out to be excellent at work.
He quite suits me in terms of work.
No delays and the most accurate quotes on expertoption. Trading platform is available around the clock.
For now, I prefer to work with this broker.
For work, he seemed to me the most convenient and reliable.
I am quite happy with such a broker. At least, it’s convenient to work, and the profit is at the level.
As for me, for work it’s just a great option. At least, the profit is at the level, and there are no questions regarding the withdrawal.
I have been working with this broker for quite some time.
In my opinion, now in terms of work this is really a great option.
So far, I think this broker is the best for work.
During the work with him I have only positive reviews.
Nagyszerű társaság. Egy ideje kellett együtt dolgoznom a expertoption.com-lal, nagyon elégedett vagyok az eredményekkel. Véleményem szerint a profit jó.
As for me, now it’s really profitable to work with this broker.
In my opinion, while this is really a great option.
Jag skulle vilja notera stabilitet som det viktigaste plus i handeln med Expertoption! Marknadens bästa killar!
In my opinion, it is now very convenient to work with this broker
For me, working is a really good option.
So far, of all the options for work, I decided to choose this particular broker. At least the conditions seemed excellent to me.
I decided to choose this broker for work.
It seemed to me the most reliable, and most importantly – it turned out to earn great money.
So far, this broker seemed to me the best in terms of work.
At work, I have only positive reviews for him.
Věřím, že nyní je možné s ExpertOption vydělávat slušné peníze, a práce s ním se ukázala jako docela pohodlná, jako pro mě.
I believe that it’s very profitable to use this broker at work now.
As for me, this is a very worthy option.
So far, I consider this broker to be the most convenient and profitable. As for me, in terms of work this is a great option.
While working with this broker. It turned out to be convenient and profitable to work – I am quite pleased with it.
I really liked the demo account at ExpertOption, which is fully functional and absolutely free.
So far, I really liked this broker for work.
As for me, now it is really a very profitable option.
In my opinion, now it is an excellent broker in terms of work. Everything works fine, and most importantly – the profit is in full order. I am quite pleased with him.
This broker seemed to me the most reliable right now. At least I was pleased with him in all respects.
Expert Option ist eines der aktivsten und fortschrittlichsten Unternehmen auf dem Markt. Wenn Sie mit dem Unternehmen arbeiten, können Sie unabhängig und vor allem kostenlos und ohne langwierige Registrierungen sicherstellen, dass die Plattform einwandfrei funktioniert.
While I prefer this broker to work.
In my opinion, the option is excellent.
ExpertOption attira i clienti con condizioni iniziali favorevoli, nonché una piattaforma conveniente.
For work, I really liked this broker right now.
As for me, this is a really great option for work.
Na pewno warto współpracować z ExpertOption, to zdecydowanie! Najważniejsze, że płatności są wydawane w liniach i bezzwłocznie.
I believe that now it is really very beneficial to work with this broker.
So far, in terms of work, I consider this option the best.
ExpertOption carries out commercial activities in many countries of the world, providing customers with the opportunity to effectively earn money from trading binary contracts.
While the best in terms of work, I consider this broker
As for me, this is now a really great option.
I consider this broker the most reliable in terms of work.
During the work with him, the reviews are only positive.
ExpertOption-plattformen tilbyr sine kunder flere lønnsomme alternativer som vil gjøre handel så praktisk og lønnsomt som mulig.
I believe that now it’s really beneficial to use this broker for work.
At least I am satisfied with the working conditions in all respects.
Miðað við þarfir notenda sem eru í faraldri býður ExpertOption einnig upp á farsímaviðskiptaforrit, sem er fáanlegt á Google Play og Apple app versluninni.
ExpertOption-Kunden mit geringen oder keinen Vorkenntnissen im Handel mit binären Optionen können möglicherweise verschiedene Handelsstrategien anwenden, ohne Verluste befürchten zu müssen.
Not so long ago I started working with this broker.
As for me, now it’s really a great option.
As for me, this broker turned out to be excellent out of all the options for work now.
At work, he seemed to me the most reliable.
À propos de la plate-forme sur expertoption.com Les analyses de traders se résument à une chose: la plate-forme est presque parfaite pour la pratique.
As for me, this broker turned out to be very convenient and profitable in terms of work.
I consider this option the most convenient and profitable in terms of work.
No aconsejo trabajar con ExpertOption en ningún caso. No ganará nada aquí, pero solo perderá dinero y tiempo. Los pagos no se realizan aquí, sino solo por la nariz que conducen, y luego eliminan la cuenta.
Trading ExpertOption est bon, maintenant je retire pour 500-700 dollars, cela me suffit et personne ne retarde le retrait
Several types of accounts are available on the ExpertOption website of the trading platform, depending on the amount of deposit
La información de capacitación en el sitio web ExpertOption de la compañía es bastante limitada, ya que no hay análisis serios o un centro de capacitación importante.
Expert Option for a short period of presence on the market has gained popularity among traders due to its advantages.
I would like to recommend trading expertoption for making money online, payments come on time, and support is excellent, so if you are good at trading, you can safely switch to this platform
An excellent expertoption platform, a good percentage and payments are made clearly and on time. I’m happy with everything.
Expertoption zieht Beträge von 10 US-Dollar ab. Es werden keine Gebühren erhoben. Beachten Sie jedoch, dass einige Zahlungssysteme möglicherweise selbst Gebühren erheben.
Expertoption riceve informazioni sui prezzi attuali dalle maggiori banche del mondo e, utilizzando uno speciale algoritmo, determina il prezzo migliore al momento
I am very pleased with the work on the expertoption platform, really worthy and with no problems at all.
J’ai beaucoup entendu parler de expertoption.com, mais d’une manière ou d’une autre, il hésitait à commencer à travailler avec. J’ai quand même décidé d’essayer de travailler avec elle, le résultat est bon.
Su ExpertOption, la blockchain e tutte le transazioni sono completamente sicure.
Une plate-forme pratique sur expertoption et il est vraiment très confortable d’échanger dessus et d’obtenir votre argent.
Das einzige, was ich über expertoption sagen kann, ist, dass es alles für seine Kunden tut, damit sie gutes Geld verdienen können.
Una cosa che posso dire è che expertoption.com rispetta le sue condizioni e che la cosa più importante era non concludere
An excellent expertoption company, which gives a good earning option and with good support.
Bien que je travaille il n’y a pas si longtemps, cela m’a impressionné. ExpertOption est construit sur une plate-forme très pratique, qui est également disponible même pour les appareils mobiles.
¡Las ganancias se adaptan bastante a la plataforma expertoption! ¡Y lo principal que tienen estos tipos es la estabilidad!
Normal Expertoption for a profitable job as for me. Almost all transactions were a plus, so I cannot particularly favor
Je crois ExpertOption, car ils vous donnent de l’argent sans problème. Tout est juste. Pas de tricherie. Retirez de l’argent sans aucun problème.
Zumindest arbeite ich seit geraumer Zeit mit Expert Option und bin mit den Ergebnissen bisher in jeder Hinsicht zufrieden.
Me alegré de que, de todos modos, en ExpertOption brinden la oportunidad de ganar dinero. Retiraron el dinero y, al parecer, no tocaron los intereses. En principio, el corredor funciona bastante bien, como para mí.
Hello, not so long ago I started making money on binary options. For a long time I was looking for a broker who will not throw money. Found it in the person of ExpertOption.
The broker is quite good. At least, I had to work with different brokers, but for now it was most convenient to work with this broker. I’m happy with it.
There is a really high level of service and a convenient platform with good functionality.
Expertoption gives great opportunities to traders, the platform is really easy to work with, so there are no complaints!
Quite a pleasant company to work with. I received the promised percentage of income, and there were no special problems in the process of working. So far, the broker is fine with me.
I was really happy with this company. While the profit is really at the level, and I was able to earn quite well, as for me.
On work option proved realistically one of the best. At least, I have already worked with different companies in this industry, and this broker is now considered the most reliable to work with.
In principle, the broker is happy. I’ve been working with it myself for quite a long time, and I haven’t noticed any problems with either the withdrawal or the percentages.
In general, it is a very decent platform, but at first I was confused by the fact that the money is not immediately credited to the account. The administration said that the transfer takes about two working days, which in fact was the case. By the way, in comparison with other sites – there is no intrusiveness on the part of the management and constant calls, which is cool.
Hello everyone, I found an honest broker. I do not trade myself – I judge only by the results of the affiliate program. Usually, scammers pay for the deposit replenishment and its debiting. This one pays for the volume of the transaction and the profit, that is, it is not aimed at undressing gullible suckers. I make less money there, of course, than on all sorts of scams, but my conscience is completely clear. Perhaps someone was looking for a normal broker for BO-try Expertoption.
Hello, not so long ago I started making money on binary options. For a long time I was looking for a broker who would not throw money. I found it in the person of ExpertOption. The only caveat – register immediately in your real name.
Expertoption I’m quite happy with. Everything works quite well, and the profit is in full order. I was quite satisfied with it.