Expert Option

Site Overview

In terms of the platform itself, the one thing we have to bring up immediately is the way in which ExpertOption has without any shadow of doubt the single best approach to demo account provision we have seen to date. Not only do you not have to deposit any money to try out the platform, you don’t even have to sign up or submit any of your details whatsoever. There’s a button right there on the homepage that offers instant, real-time access to a demo account with $10,000 of virtual funds to trade with. So regardless of what else ExpertOption does or does not deliver, this is an example even the best in the business really could do with following. Genuinely excellent.

Backtracking a little on our original criticisms, the fact that ExpertOption is available in around dozen language including various Asian languages gives us more than enough reason to forgive the use of mediocre English. Not only this, but the fact that the customer service team also supports an extensive range of languages is truly outstanding. ExpertOption is billed as a global trading platform and it certainly seems to deliver on this particular promise.

We also like the fact that ExpertOption makes it relatively easy to access all important information, like account types. Speaking of which, another huge point of appeal we came across with ExpertOption is the way in which new customers can sign up from as little as $50 for the Mini Account. Account options continue right up to the VIP option, which is still available for a comparatively low $2,500.  But what’s even more surprising is the fact that should you choose to go with a $50 account, this still provides you with your own personal account manager, 1 personal training session, a weekly economic newsletter and a bonus of 50%.  This would appear to be one of binary options broker that does not leave lower-end traders high and dry, in favour of big spenders.

While on the subject, ExpertOption is unfortunately a broker from which we would highly recommend not to accept these introductory bonus offers. The reason being that mandatory trading volume requirements are set at a ludicrously high 50X as standard, meaning that to accept any bonus is to make it extremely difficult or even impossible for you to get hold of your money.

We found transactions in both directions to be handled extremely promptly and the fact that it is possible to top up any account with a minimum deposit of just $10 is absolutely fantastic. The trading platform itself is highly user-friendly, there’s an excellent mobile application available and the level of service provided by the customer care team is superb. The asset library is extensive, there are plenty of different types of options to get stuck into and the fact that ExpertOption is extensively regulated is really the icing on the cake.

In fact, the only thing that lets ExpertOption as far as our experience is concerned is the fact that educational resources are a little on the limited side. Still, the fact that even the cheapest account options come with such outstanding extras and facilities makes ExpertOption a broker that is definitely worth checking out.

Best Features

Two things really stand out about ExpertOption in terms of the very best features on offer. Along with being able to access the demo account at the click of a button without having to submit any personal information, the entry-level $50 is one of the best we have come across for newcomers.

Conclusion

On the whole, the team behind ExpertOption seems to have put together a package that will please just about any trader at any level. Newcomers in particular will be right at home with the free demo accounts and the low minimum deposit requirements. It’s a shame the introductory bonus is relatively worthless and they could definitely do with taking things a step further in terms of educational resources. Still, if you can see past these particular problems, you will probably find very little to complain about over at ExpertOption.