ExpertOption is a financial company that focused on providing a binary options services to traders worldwide. According to this broker, traders are able to experience the combination of top hi-tech trading interface with excellent customer support. They believe that traders who invest in binary options should be surrounded with a comfortable environment and like-minded individuals that will be able to obtain new knowledge by using the latest financial know-how strategies.
In this guide we will discuss available trading accounts traders can choose to trade with ExpertOption.
Check out more information about this broker in our ExpertOption review.
ExpertOption Account Types
ExpertOption is a broker that wanted to provide services for every kind of trader. When a trader decides to open the account with ExpertOption he can choose to trade with four different trading accounts.
ExpertOption Mini Account
The first account is called mini because of the amount of deposit a trader will start trading with. ExpertOption Mini starts with only $50 of minimum deposit and it includes a personal manager service. With this trading account, a trader gets 1 personal training session and a weekly economic newsletter. Besides that traders have the opportunity to use some of ExpertOption educational materials that are available at their disposal.
The great benefit of ExpertOption mini account is that traders get a 50% of welcome bonus. It is important to know that Mini account allows up to 10 simultaneously opened deals.
ExpertOption Silver Account
Trading with silver account starts with the classic industry average of $250. Traders that begin trading with the silver account have the opportunity to get a personal ExpertOption manager. This account applies up to 80% of welcome bonus and the maximal deal amount is $100. Traders that decide to trade with a silver account can open maximally 15 deals at once.
ExpertOption Gold Account
The gold account starts with $1,000 of minimum deposit and traders can receive up to 100% welcome bonus. ExpertOption gold account includes all the benefits from previous accounts and additional features that might improve trading experience. The gold account includes Lead trading expert consultation and withdrawal priority. The maximum deal amount is $300 and Gold account traders can have an unlimited number of simultaneously opened deals.
ExpertOption VIP Account
ExpertOption VIP clients can start using VIP account benefits from $2,500 minimum deposit. The welcome bonus for VIP clients is 125%. ExpertOption has put a lot of effort to create an interesting premium account that will attract serious investors. VIP includes a VIP personal account manager with individual history analysis and opportunity to trade with some additional underlying assets.
Every ExpertOption trading account includes the option to use four different charts, so traders can choose to view the charts using candlesticks, bars, area or lines. Indicator analysis applies trading with Bollinger bands, Moving averages and more. Traders who prefer using line studies are welcome to draw trends and resistance lines for improving their trading opportunities.
Besides above mentioned, ExpertOption includes using their binary signals for all those traders that don’t know or don’t have time for calculating them. All trading accounts include up to 95% earnings per trade which belong to one of the highest market payouts in the binary options industry.
ExpertOption Demo Account Option
All traders that are interested in trading with ExpertOption have the opportunity to try trading with an ExpertOption demo account first. The excellent thing with a demo account is that traders don’t even need to register with ExpertOption. Just click on ExpertOption demo and trading interface will instantly open. Demo account comes with a $10,000 of virtual funds and if traders spend them all, they can reopen the site and start with the new virtual amount.
ExpertOption demo platform looks exactly the same as it is for real account. The left side of the interface shows a side menu with all tools a trader might need. We have tested demo in order to see if it really works without the need of registration, which it does. The upper right corner of platform shows which account are you using and in our case, it was a demo.
We have decided to place a few trades on the demo platform in order to see how it works. We can say that placing the trades and choosing the assets is fairly more than simple. The demo account will be the perfect choice for beginners as they will be able to practice as long as they want to. After the virtual amount of $10,000 is spent, ExpertOption will automatically add new virtual dispatch.
ExpertOption Mobile App
Except for a web based trading platform, ExpertOption has developed both iOS and Android platform for all traders that are more using their mobile devices and prefer placing trades while they are on the go. The mobile version allows traders to trade with ExpertOption demo account too.
Except for demo, ExpertOption mobile app integrated the option to use personal statistics and free technical analysis option.
The mobile app is free of charge and it welcomes 24/7 real time trading. Traders can apply trading with ExpertOption signals and use various indicators to improve their trading strategy. It is important to say that traders have an opportunity for instant opening and closing the deals which are highly important.
No matter if a trader is using a web-based or mobile application, he is able to use all types of graphs and charts and trade with ExpertOption without any commissions.
ExpertOption Education and Guides
In order to become a better trader, ExpertOption has prepared a wide assortment of educational materials that might help traders to become successful. Traders can find various guides and trading strategies that include more than ten different strategy analysis. Education academy also includes various materials about technical and fundamental analysis including the graphical analysis which might help traders to understand some of the chart analysis and different price patterns. ExpertOption also provided traders with basic educational materials about the psychology of trading.
Trading with ExpertOption starts with only $50 minimum deposit and minimum trade is only $1. We have contacted ExpertOption customer support and we can say their agents are very professional and well informed about all ExpertOption products.