ExpertOption Review
There are many different things which should be considered before you decide which binary broker is the right one for your needs. You should consider what reputation they have established and how easy it is to add and remove funds from your account. It is also important to consider the level of customer support they offer. This is the reason why reviews are essential. The Expert Option binary review reveals that this firm has an excellent range of options and provides a trustworthy and fair service.
The Firm
Expert Option first offered their services to the public in 2015; they are based in St Vincent and have a second centre in the Grenadines. The service is offered in a variety of languages, including English, Russian, German, Chinese and even Hindi! In fact, it is already an incredibly popular broker in the Russian market. The company is regulated by the FMRCC; this ensures that any trader has a place to go if a dispute cannot be resolved satisfactorily. This should inspire confidence in the service they offer.
The business has been created by a group of traders with extensive experience in the financial markets; this is why there offering to binary traders is carefully constructed to provide a class operating platform.
Features
One of the first things you will notice when conducting an Expert Option broker review is that the site has been created from scratch. Unlike many of the binary brokers, it has designed a platform from scratch which is focused on providing an easy to use interface with all the necessary features at your fingertips. Expert Option have provided a range of analytical tools to assist every trader, whether a newcomer or an experienced binary trader. The tools available will help you to make an informed decision regarding the best trades to make and when to make them.
There is also an education area which can provide a good guide as to how to get started when trading binary options. There is also an array of strategic advice which will ensure that all traders can benefit from the information provided and make better trades. A useful addition to this education section is the inclusion of a glossary of common terms used when trading in binary options. In fact, the Expert Option binary review suggests that this is one of the best designed educational features available on the market today.
It is also possible to access the site via a mobile app. This has been configured to work on Android and Apple phones; you will even be able to place trades as well as monitoring existing ones whilst you are travelling between places.
The Account Options
You can start trading with Expert Option by adding the minimum deposit to your trading account. This is an impressively low $50 and gives you access to the mini account. This account is limited to just ten trades at one time and a maximum trade amount of $20; perfect for someone just starting out as a binary trader. If you prefer to invest a little more, for $250 you can access the silver account and receive the assistance of a personal manager. You will also be entitled to a seventy five percent bonus. There is also a gold account and even a VIP account which has a bonus scheme of one hundred and twenty five percent of your deposit.
Alongside this you will be able to practice your binary trading skills with the demo account; this is an excellent way of learning to trade or simply practicing your trading skills and testing new strategies.
Finance
The facilities offered by the Expert Option broker have been reviewed and is comparable to those which are offered by other brokers. You can fund your account by Visa, MasterCard, wire transfer or an array of electronic options which include Neteller and Skrill. The company has worked hard to ensure that all deposits and withdrawals are completed as fast as possible; you should never have to wait long for your funds. All client funds are in a separate, secure European account; this complies with European financial laws and ensures your funds are safe even if the company has issues.
Customer Support
An essential part of any binary broker’s service is the level of customer support provided to their customers. This is another area where the binary review of Expert Option shows that it is working extremely hard to provide the best possible service. You can contact the customer support staff via an online contact form, email, or even via a Skype account. Unfortunately there is not yet an option to communicate via live chat. The response time is fast and the service is professional and friendly.
Although this is a relatively new broker they have crafted a package which provides a comprehensive, well designed site which can be accessed by any trader, regardless of how long they you been trading for.
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