Expert Option Review 2025

Pros

• Earn up to 95% in trading returns, which is higher than the industry average.
• The broker provides a user-friendly, proprietary trading platform suitable for beginners. It includes four different chart types and social trading capabilities. This platform simplifies trading for all traders.
• There are various educational materials available, such as trading methods, online seminars, and platform guides.
• The advanced analytical tools are helpful for experienced traders.
• There are no fees for deposit or withdrawal, which is perfect for active traders.

Cons

• The SVGFSA is a limited regulatory financial authority with minimal protective measures.
• A $50 inactivity fee applies after 3 months without trading.
• The broker doesn't provide well-known leveraged items like CFDs.
• The array of available binary assets is limited, with around 100 options compared to the 1000+ provided by some competitors.
• Expert Option trading service is not available in the EU, Australia, and the US.

ExpertOption.com is a well-liked online broker for trading digital options. We evaluated their platform, app, banking options, and customer support. This ExpertOption review highlights key strengths and weaknesses of using Expert Option for trading.

ExpertOption Headlines

In 2014, Expert Option started offering services to traders and now handles over 30 million trades monthly. Available in 48 countries, it boasts over 70 million registered users.

Platforms

ExpertOption excels with its user-friendly web, mobile app, and desktop platforms. It stands out by offering a unique, fully customizable platform. Unlike brokers using MetaTrader, ExpertOption developed its own. This platform suits different trading needs, ensuring seamless use on any device.

It provides robust signals and analysis tools, featuring:

• Eight indicators
• Four chart types
• Multiple trend lines

A highlight is its social trading feature. Traders can monitor and replicate successful traders’ deals, enhancing profit potential.

Assets & Markets

ExpertOption offers trading on over 100 popular instruments like stocks, commodities, currencies, futures, and cryptocurrencies. Popular assets include equities such as McDonald’s, Facebook, and Apple, commodities like gold, platinum, and silver, top forex pairs like USD/EUR, GBP/USD, EUR/GBP, and cryptocurrencies such as Bitcoin, Bitcoin Cash, and Ethereum.

Spreads & Commission

Expert Option provides a competitive advantage with its 5% commission on winning trades, much lower than the usual 15%. Spreads start from 0.1 points, varying by account type and market conditions. Joining is free, with fees only for winning trades and overnight swaps. However, inactive accounts incur a $10 monthly fee.

Leverage

Expert Option doesn’t provide leveraged products like CFDs. It’s a straightforward platform for trading, ideal for those looking to keep things simple. However, if you’re seeking leverage in your trades, this might not be the right fit.

Mobile Apps

Expert Option offers mobile apps for Android and iOS from Google Play and Apple App Store. You can also download the APK file from their website. The apps are highly rated, providing quick withdrawals and a free demo account. There are over 100 instruments with professional investment conditions. For more technical features, use the desktop app or web platform.

Expert Option Payment Methods

ExpertOption ensures a global reach with diverse deposit and withdrawal methods.

Deposits

You can start trading with just $10, making it accessible to everyone. Transactions start at $1, and you can deposit in any local currency. While the maximum deposit is $5000, it’s best to split large amounts.

With over 20 payment systems, depositing is convenient worldwide. Popular options include:

• UPI
• Visa
• Skrill
• QIWI
• RuPay
• PayTM
• Yandex
• Neteller
• Fasapay
• Maestro
• UnionPay
• WebMoney
• MasterCard
• Wire Transfers
• Perfect Money
• India Online Banking
• Cryptocurrencies like Bitcoin, Ethereum, and Ripple

Note: PayPal isn’t accepted.

Withdrawals

Withdrawals are processed within two business days, with some even quicker via cryptocurrency or e-wallets. The minimum withdrawal is $10, but account verification is needed for approval. You must use the same method for your first withdrawal as you did for your deposit.

Demo Account

Expert Option offers a demo account so traders can practice and explore before investing real money. These demo accounts start with a $10,000 balance. Just select ‘create account,’ then ‘login demo.’

Bonuses & Promotions

Expert Option provides a 100% welcome bonus for deposits starting at $30. You have one hour after creating an account to claim it. Existing traders can also get bonuses, but the percentage varies. Note that bonuses can’t be withdrawn; they are for trading only. However, you can withdraw any profits made from them.

Regulation & Licensing

While Expert Option operates globally under the SVGFSA license, its offshore status doesn’t offer top-tier trust. However, it participates in the Financial Commission’s Compensation Fund, which secures up to €20,000 per client if they fail to meet Commission rulings. This provides a sense of security for traders.

Additional Features

ExpertOption provides a helpful education section for investors of all levels, covering stock indices, currencies, and strategies. They offer webinars, video tutorials, and articles to help traders grasp market signals and indicators. Additionally, users can access a glossary with key trading terms. Social trading is a standout feature, allowing users to learn from VIP traders and explore new strategies. For a fee, copying expert trades is also an option.

Live Accounts

ExpertOption offers a straightforward registration and six account types:

Micro

• $10 minimum deposit

Basic

• Trading access 24/7
• Educational resources
• $50 minimum deposit
• Privilege access

Silver

Popular choice with added benefits:

• Free consultations
• $500 minimum deposit
• Personal account manager
• Daily market reviews

Gold

Extra perks include:

• Priority withdrawals
• $2,500 minimum deposit
• Asset profit boosts up to 2%

Platinum

Enhancements provided:

• 1-on-1 training
• Account management
• $5,000 minimum deposit
• Asset profit boosts up to 4%
• Analytical trading signals
• Unlimited open deals

Exclusive

Top-tier benefits include:

• Invite-only
• Access strategies
• Wealth creation plan
• Senior account manager
• Asset profit boosts up to 6%

Deposits help you progress to higher account levels, such as Gold or Platinum.

Opening Hours

ExpertOption is available 24/7, accessible on mobile and desktop. However, trading depends on market hours. For instance, the London forex market runs from 7 AM to 4 PM GMT, New York from noon to 8 PM GMT, Sydney between 10 PM to 5 AM GMT, and Tokyo from 11 PM to 8 AM GMT.

Customer Support

Expert Option shines with its 24/7 customer service. Traders can use live chat (at the page’s top), offering quick, multilingual support. Email, contact forms, and phone support are also available.

Security

Transactions with Expert Option are secure thanks to VBV and MasterCard verification. Ensure your card has 3D Secure for international payments. Compliance with PCI DSS means your data is encrypted and private, and it is never stored on their servers. The broker also uses ALM and KYC policies for additional security.

Expert Option Verdict

Expert Option offers a modern trading experience with many exciting features. Its platform boasts a clean UI and responsive design, making trading smooth and efficient. Traders benefit from in-depth educational materials, enhancing their skills. The brokerage also supports social trading, allowing users to learn and connect with others.

Alternatives To Expert Option

These similar brokers are the highest rated alternatives to Expert Option.