The opportunity to earn and be present in various exchange and over-the-counter markets. What is online trading, how to work and earn money with it, and what is needed to achieve success? First of all, it is your knowledge and desire to earn money, and secondly, it is a reliable broker that will provide you with a high-quality platform and all the necessary tools, for example, a minimum deposit, leverage, analysis indicators, social trading, auto trading etc. Below, we will talk about the Expert Option online broker and the opportunities that you will get when working with it and his pros and cons.
What is Expert Option?
The platform is in high demand among traders. More than 50 million accounts have been opened on the site, and the mobile application for Android devices alone has been downloaded more than 10 million times. What conditions attract traders and whether it is worth trading on the platform - later in the article.
So, let's look briefly at the history of the company. Expert Option broker started providing its services in 2014. Already in 2017, the platform became an award winner as the best at the China Trading Expo. This is one of the most significant events in China dedicated to Forex, binary options, CFD. 2020 has been a defining year for the ExpertOption platform as it has entered the TOP 3 most downloaded financial apps worldwide on Google Play. 2022 - ExpertOption trading attracts more and more beginners and experienced traders and already 48 countries are covered by the geography of this broker. The site has been translated into 14 languages.
ExpertOption broker's business legit and it is regulated by the Vanuatu Financial Commission (VFSC). In the event of conflict situations, each client has the right to file a complaint on the official website of this structure. Also, do not forget that the parent company is registered in Ireland, so if for any reason VFSC takes the side of the company in considering the appeal, the user has the right to contact the administration of Vestede Limited.
Expert Option trading
The official site of the broker describes in detail the conditions of trade and the possibilities of the trader's work. And also educational materials and tutorials, descriptions of trading strategies, webinars and other important aspects of work have been published.
The social radar is an interesting terminal tool of ExpertOption India broker. It shows how many traders are currently trading, in which direction and with what volume they open deals. This information helps to understand the mood of the crowd.
So, in which markets are you offered to earn money? Using Expert Option trading you can start earning on the binary options market. After you complete the Expert Option login, you will immediately be taken to the terminal, at the bottom of which you will see 2 standard buttons for binary trading: "Higher" and "Lower". For those who are not familiar with this tool, we will briefly explain how to use binary options.
A binary option is an exotic, speculative instrument that provides for a choice of several scenarios. A trader puts money on the fall of an asset or on its growth in the short term - from several minutes to a day. That is, he bets on the fact that this or that event will occur in the future. If he is right, he returns the bet with a premium, and if he does not guess, he loses his bet. That is, a trader initially knows how much he can earn or lose on a deal and is able to correctly build a strategy and conduct money management. Near the "Higher" and "Lower" buttons, the percentage is indicated. For example 85%. This figure means your profit. Let's say you bet $10. If your prediction about the price movement turned out to be correct, then you will receive your $10 plus $8.5 bonus on your account. If the prediction is incorrect, then your bet is out.
It is worth noting that today binary options trading is very popular because of its simplicity and accessibility. The minimum trade amount is only $1! Try it.
The binary option itself has an underlying asset. This is the asset whose price you will predict. Available assets today fall into three categories:
- currencies - more than 15 pairs, including OTC for trading on the weekend;
- shares - securities of world famous companies Google, Ford, Coca-Cola, etc.;
- commodities - gold, silver, Brent oil.
The maximum expiration period depends on the selected asset. For currency pairs and goods — from 1 to 5 minutes. For promotions - up to an hour, but not for all. For example, when trading Apple, it will not be possible to conclude transactions lasting more than three minutes.
On the sides of the work schedule is a menu where you can go to the education, finance, analytics, online chat, trends, trading instruments etc. section, and also download applications.
So what are the differences and features of Expert Option India.
After ExpertOption login you have a chance to get bonuses. To date, the conditions are as follows: the broker charges 20-50% when replenishing the account: the amount of remuneration depends on the amount of the deposit. When depositing from $2500, the payments are fixed - $1250. The bonus is not provided for transactions up to $30. A 100% welcome bonus is periodically available to new customers. Specify current bonuses and their availability during registration.
The binary options website from Expert Option has published articles and webinars on various topics:
- "Trading Strategies" - an overview of simple and not always effective systems based on the use of a single instrument or candlestick pattern.
- "Technical Analysis" - a guide to working with indicators, as well as with support and resistance lines.
- "Graphical analysis" - about candlestick patterns, rules for working with Fibonacci levels and Elliot waves.
- "Fundamentals analysis" - a description of important macroeconomic news and the rules for working with them.
- "Psychology of trading" - articles that will help you understand the importance of strategy, the problems of emotionality and excitement.
After ExpertOption sign up, you have full access to the social radar manual, deposits and withdrawals rules and other aspects of interaction with the broker. All tutorials are for beginners. Register and get new knowledge and experience!
Every day from Monday to Friday, the company publishes videos with asset prices and important news. It's hard to call it analytics. There is no reason why quotes rose or fell. There is no explanation what the selected news of the day will give the trader. But the material will allow you to be aware of the main changes in the foreign exchange market.
Affiliate program Get Profit
In addition to trading, you can earn by becoming a partner of a broker. In other words, advertising it through all the channels that are available to you, such as a blog, your web platform, etc. Partners profit from the number of attracted clients or from the volume of their trade, you can find out more about this on the official website. On the affiliate program platform, you can find ready-made sets of banners, landing pages, link building tools and feedback. If you are missing something, the design team will create promotional materials for you.
It's good when you have a choice. Expert Option offers you virtual or real trading. The latter, in turn, is also divided into several levels. But first things first.
Another distinctive feature of ExpertOption is the open possibility of trading on a demo account for each user without registration. In this case, the entire functionality of the terminal will be available without restrictions. To test strategies and develop trading skills, virtual funds in the amount of 10,000 USD will be credited to the balance of the training account.
Each of us was once a beginner or is one now, and we all understand how scary it is to start trading and lose your capital due to inexperience. To do this, you are offered virtual trading. Forget about risk. Just learn and get invaluable experience!
To trade with real money, you will need to create an account. To do this, you will need to enter your e-mail and password as standard, as well as replenish your account. You can choose any level for your account from the following:
- Micro account from $10
- Basic from $50
- Silver from $500
- Gold from $2500
- Platinum from $5000
- There is an exclusive account, a personal manager will tell you more about its conditions.
Beginners usually start with a micro or basic account which requires a minimum deposit of just $10-$50. Then you can increase your deposit and expand the functionality of your account accordingly by assigning new levels to it.
Try it now, it's easier than you think! It is possible to enter the best trading platform for demo or real trading by clicking on the official link provided by the broker. Use the link below to securely access the platform and Expert Option sign up.
ExpertOption is the leading social trading network. Trade with other investors and your friends. Watch them open trades in real time. Join groups and communities and take the lead together!
Terms and Conditions
Commissions and fees
The broker does not charge any commissions. However, when withdrawing funds, your bank may request a commission, be careful and choose the best option when transferring. The only thing is an inactive fee. If you do not use a real account for several months, the fee may be $50 per month.
In order to make a deposit Client has to make an enquiry from Client’s “personal cabinet” on the Site. For the comfort of users, the developers provide a wide selection (about 20) of Payment methods to carry out transactions. Among them:
- Bank transfer;
- Credit and debit cards Visa, MasterCard, Maestro, UnionPay;
- Electronic payment systems such as Skrill, Neteller, Perfect Money, FasaPay and others.
Funds can be withdrawn only to the payment system account used to deposit. In order to request your money, you need to go to your personal account and select the appropriate menu. Withdrawal enquires processed by the financial department of Company one by one. The time of the process may take up to two (2) business days. Attention! The period of consideration of the client's application for withdrawal of funds and the actual crediting of the corresponding amount to the client's payment details may differ. If the withdrawal is made to a bank card, then the term for receiving funds depends on the issuing bank and can be up to 10 business days.
Expert Option registration in India
The account creation phase consists of two main steps:
- Registration on the platform
- Identity verification.
You can create an account through your PC. At the registration stage, you just need to provide a valid email address and create a password for subsequent authorization. If you have an account on the Google network or on the Facebook website, then you can create a personal account on the ExpertOption website in one click. Try it now! You have nothing to lose and nothing to risk!
The verification stage is necessary to verify the authenticity of the client's data, as well as the security of the platform and the account as a whole. As far as we are talking about opening an account and working with real money, this stage is necessary, like on any other serious forex brokers platform. This includes the provision of documents by the client.
In addition to the web version, of course, you can trade on desktop or mobile apps that provide faster operation and more advanced features. You can register after downloading them. There are 4 applications:
- 2 of them are designed for Ios and Android systems, they can be downloaded from the App Store and Google Play platforms;
- and 2 applications for your computer Windows, macOS.
You can also download all these apps from the broker's website. To do this, follow the link below and on the main page you will see the application menu. You can install all this for free, use it!
Expert Option Advantages and Disadvantages
Cooperation with a reliable broker is the key to success in a trading career. Novice bidders are advised to pay attention to ExpertOption. This broker provides services in the trading industry to users from all over the world.
Let's sum up the Expert Option review. Its positive features are:
- 100 assets for quick trading;
- quick withdrawal of profits using more than 20 wire transfer channels;
- simple registration for free, no further fees;
- guarantees of fulfillment of financial obligations to users are specified in the client regulations;
- the activity of the company is regulated by the Vanuatu Financial Commission (VFSC);
- free demo account for $10,000 with unlimited access;
- loyal requirements for the starting capital of traders - only $10;
- high-quality training - webinars, videos and extended reference books with a competent visual;
- professional trading platform, which integrates the social trading service - watch successful transactions and copy trading;
- quality customer service and more than 100 customer support managers;
- you can trade on all modern platforms: Web, Windows, macOS, iPhone, iPad and Android;
- huge geography - ExpertOption gives you the opportunity to trade in 48 countries
- loyal verification requirements;
- many deposit and withdrawal options.
The disadvantages include the following:
- A small number of technical analysis indicators (8 indicators). Although, as practice shows, the average trader often does not use a large number of indicators, but uses only proven and most popular ones. However, developers should pay attention to this.
- Does not work in all countries. For example, services are not provided to citizens and residents of the United States, Canada, the European Economic Area, Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Singapore, Russia, Iran, and Yemen.
Alternatives to Expert Option
So, this is a reliable broker and this ExpertOption review confirms it. Cooperation with the company will be as comfortable as possible for both beginners and experienced traders. During the study of the company's activities, no significant shortcomings were identified.
Also, in addition to this broker, you can consider other trusted brokers for your trading activity. Such as IQ Option, Quotex, Pocket Option, Olymp Trade, Binomo. All these platforms have several things in common:
- several years on the market;
- the necessary tools for effective trading are built into the terminal;
- availability of trading (minimum deposit up to $10-50);
- demo account for $10,000.
Good luck in trading!