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ExpertOption Review

Expert Option

ExpertOption is an established binary options broker that opened in 2014.

They are owned & operated by EOLabs LLC, and located at: ¬†First Floor, First St. Vincent Bank Ltd., James Street, PO Box 1574, Kingstown, St. Vincent and the Grenadines.¬†Contact phone number in United Kingdom is: +442038683160, and email address is: [email protected]. Official company website is: https://expertoption.com/.

For complaints or withdrawal issues, read this.

ExpertOption Review

ExpertOption Trading Review

ExpertOption uses their own custom built trading platform for binary options trading platform. There are many assets to choose from including most Forex pairs, Oil and major market indexes like the S&P500. The trading platform is very easy to use, and they offer high payout on various options.

When we reviewed the broker, it seems that the maximum expiry time for a binary option is only 15 minutes. Basically, you can select a time between 60 seconds and 15 minutes for expiration. We hope they will introduce longer time frames soon.

Their website is available in many languages including; Malay, Bahasa, Siamese, Korean, Arabic, Tagalog, Chinese, English and Russian. The minimum trade size is only $1 and the minimum deposit for a new trading accounts is only $10.

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ExpertOption Binary Options
ExpertOption Trading App

Trading Signals

A nice feature of the Expert Option platform is the continuous stream of trading alerts and trading signals. The signals cover all their assets, and have either Strong Buy, Buy, Neutral or Sell & Strong Sell. As with any binary option trade signals it is important to understand what the signal is based on and you should demo trade first.

It is great that they give you a $10,000 free demo account right away. They do not offer an automated trading software. If you want to use a robot for trading then look at this article about various binary option robots.

Is Expert Option a Licensed Broker?

No, they are no longer a licensed or regulated broker.

Once upon a time, ExpertOption was licensed by the Vanuatu Financial Service Commission, License No 15014. They were owned by EO SERVICES LIMITED, S.I.P. Building, P.O. Box 3010, Rue Pasteur, Port Vila, Vanuatu.

When reviewing a broker to see who is a real broker and who is a scam broker the first thing to do is check for a license. Are they licensed by CySEC in Cyprus, and are they accepted in the European Union under MIFId regulatory rules? This broker does not accept clients from any Western country like Canada, United Kingdom, Europe, Australia, New Zealand, etc.

When choosing a broker, it is important to check the list of regulated brokers. Always make sure that the broker you are trading with is licensed and regulated.

Compare Brokers

There are hundreds of Forex brokers to choose from, so look at the top rated brokers.

ForTrade is the fastest growing CFD broker in 2022. They are a legitimate broker that is licensed and regulated in Australia, Canada and Europe, see here. Get a Free Demo Account, on their awesome trading platform, signup here.

Are you already trading with the broker Expert Option? Please leave your review in the comment section below.