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Expert Option Review 2022
ExpertOption is a popular online broker offering digital options and financial trading. This 2022 guide covers the deposit and withdrawal process, investing platform, account types, plus demo trading solution. In addition, we explore the Expert Option app in our mobile trading review
Leverage rates with Expert Option vary depending on the instrument and market.
For most forex pairs, such as the EUR/USD, leverage is set at 1:30. This level is imposed following rules and regulations set out of by the European Securities and Markets Authority (ESMA). Minor forex pairs like EUR/NOK, NZD/USD, AUD/CAD, USD/SGD, and EUR/PLN, offer leverage up to 1:20.
Mobile Apps
Expert Option has dedicated mobile apps for Android and iOS devices. These can be downloaded from the Google Play Store or Apple App Store. Alternatively, users can download the APK install file direct from the official website. Each mobile app is highly rated in their respective stores.
Deposits
Keeping the minimum deposit at $10 allows investors from all walks of life to join the platform and start their trading careers. Deals can be made for a minimum of $1 and you can deposit in any local currency. The maximum deposit amount is $5000 while the broker recommends that bigger sums are split into several transactions
Visa
Skrill
QIWI
RuPay
PayTM
Yandex
Neteller
Fasapay
Maestro
UnionPay
WebMoney
MasterCard
Wire Transfer
Withdrawals
ExpertOption has streamlined the payment process so that requests are fully processed within two business days (Monday – Friday). Depending on the method and account type, withdrawals can also be processed almost instantly, usually via cryptocurrency or e-wallets.
The minimum withdrawal amount is only $10; in most instances, account verification is required before any withdrawal is approved. The first withdrawal can only be processed through the same payment method as the deposit
Basic
24/7 trading accessEducational materials
$50 minimum deposit
Access to privileges
The most popular choice. All the Basic features plus:
Free consultations$500 minimum deposit
Personal account manager
Daily market reviews and financial research
All the Silver features plus:
Priority withdrawals$2,500 minimum deposit
Increased asset profit of up to 2%
All the Gold features plus:
1 to 1 trainingAccount management
$5,000 minimum deposit
Increased asset profit of up to 4%
Trading signals from an analytical agency
Unlimited number of simultaneously open deals
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