Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

ExpertOption

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Questionable Regulatory License | Self-developed | Regional Brokers | High Potential Risk

https://expertoption.com/

Website

Rating Index

Regulation 2.69 Tech 8.75 Reputation 5.97 Business 7.98 Risk Control 2.28
2.00

Influence

Influence

B

Influence Index NO.1

Saudi Arabia Saudi Arabia 5.44
Surpassed 20.00% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 20 3868 3160
https://expertoption.com/
First Floor, First St. Vincent Bank Ltd., James Street, PO Box 1574, Kingstown, St. Vincent and the Grenadines
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
EOLabs LLC
Email
help@eo.support
Address
First Floor, First St. Vincent Bank Ltd., James Street, PO Box 1574, Kingstown, St. Vincent and the Grenadines
FX1725790696

FX1725790696

Unverified

Philippines

Paid to withdraw but no amount credited to my bank.

FX1341225532

FX1341225532

Unverified

South Africa

they are supposed to give you a 1min on your trade as soon as I pushed tye buy button the trade stopped i lost my investment they don't even reply your enquiry on support they don't do a security ID verification.

FX2672640156

FX2672640156

Unverified

Nigeria

This is a fake facebook account, Pls don't deal with her, she's not who she is, it a Nigerian calming to be forex trader, don't trade with her, It a new account, that is how they do here, IT FAKE!!!!!!!!

FX1605613753

FX1605613753

Unverified

Saudi Arabia

I have been trading for quite a while, and I can say that ExpertOption is a decent platform for online trading. I like that it has a simple and easy-to-understand interface, which is easy to navigate. However, there is a serious issue – the platform is unavailable in many countries, including Russia, the USA, and most of Europe. This is not a problem for me, but I know that many of my fellow traders cannot use it because of this. Another downside is the limited selection of financial instruments.

Neutral

SuperYas

SuperYas

Unverified

Turkey

When I just started trading, I was looking for a platform that was easy to use. When my friends suggested me to register with this broker, I followed their advice and became a member of this platform. Indeed, the platform turned out to be very understandable and useful. Being able to start trading with a small amount of money has been a great convenience, and I can carry out all my transactions with Papara without any problems. I can recommend this broker with peace of mind, especially for those who are new to trading.

Neutral

Ajayverma

Ajayverma

Unverified

India

Dear Sir/Madam. Expert option has done a lot of wrong with me, I have suffered a huge loss here, every deposit I made did not make any profit even once because expert option has cheated me, I have lost my entire money on this. My profile id is - 395-144-188 I have been cheated on this above one lakh I request you to get my full money back I will be forever grateful to you Thanks Regards

Carin Hazell

Carin Hazell

Unverified

Nigeria

Crypto trade is something that a lot of people are yet to utilize the lucrative nature of crypto trade, please be careful when choosing a broker or Account manager to invest your fund. I will share my experience so all scammed victims can recover back their money. Reach out elizabethgillies303 @ g mail . com

FX3453383040

FX3453383040

Unverified

Taiwan

ExpertOption is a binary futures platform that fluctuates in a short period of time for forex, stock, and indexes. It is publicized to earn profits by betting on the rise and fall within a short period of 15 minutes, but it can actually manipulate backstage data, activities, and other methods to cause investors to lose all principal.

10
Account Info
Related Personnel
Business Region
Verified Site
About Us
Disclosure
News
Wiki Q&A
User Feedback
MT4/5

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Trading Apps
Android 2
logo
ExpertOption - Mobile Trading
Entire market at your fingertips. Trade 100+ assets, follow successful traders.
Downloads
144,710
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots
logo
ExpertOption Trading Education
Learn trading and achieve your investing goals!
screenshotsscreenshotsscreenshotsscreenshotsscreenshots

Users who viewed ExpertOption also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
IC

IC

9.09
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
IC
IC
Score
9.09
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
ACY Securities

ACY Securities

8.62
Score
15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
ACY Securities
ACY Securities
Score
8.62
15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
STARTRADER

STARTRADER

8.57
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.57
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site
模块说明(前端未翻译)

Top Visitor Locations
LaosLaos
  • United States expertoption.finance
    104.21.22.137
  • Hong Kong expertoption.com
    103.70.3.37

About Us

About Us

Company Profile

Review summary

ExpertOption Basic Information
Registered Country/Area Saint Vincent and the Grenadines
Company Name EOLabs LLC
Founded in 2014
Regulation No
Tradable Instruments Forex, Cryptocurrencies, Stocks, Commodities
Account Types Micro, Basic, Silver, Gold, Platinum, Exclusive
Minimum Deposit $10
Maximum Leverage 1:1000
Trading Platforms Web Platform, Mobile App
Spread Fixed and Variable
Commission No
Deposit Methods Credit/Debit Card, Skrill, Neteller, Bitcoin, and more
Withdrawal Methods Credit/Debit Card, Skrill, Neteller, Binance Pay
Inactivity Fee $50 after 90 days of inactivity
Customer Support 24/7 Live Chat, Email Support
Educational Resources Video Tutorials, Trading Strategies, Economic Calendar, Glossary

Overview of ExpertOption

ExpertOption is a binary options broker that was founded in 2014 and is registered in Saint Vincent and the Grenadines. The broker offers a variety of financial instruments for trading, including currencies, commodities, stocks, and indices. ExpertOption has a user-friendly trading platform that is available on desktop and mobile devices, and it also offers demo accounts for traders to practice and test their trading strategies.

ExpertOption provides a social trading platform, which allows traders to follow and copy the trades of other successful traders on the platform. ExpertOption also provides a range of trading tools and resources, including market analysis, economic calendars, and trading signals.

ExpertOption's customer support team is available 24/5 through live chat, email, and phone. The broker also offers a FAQ section on its website to provide answers to common questions.

basic-info

Is ExpertOption legit or a scam?

ExpertOption is not regulated by any major financial regulatory authority. The company is based in Saint Vincent and the Grenadines, which is a popular destination for offshore forex and binary options brokers due to its lax regulatory requirements. As such, traders should be aware of the potential risks of trading with an unregulated broker. It is important to note that the lack of regulation does not necessarily mean that the broker is a scam, but it does mean that traders should exercise caution and thoroughly research the broker before opening an account.

Pros and Cons

ExpertOption's Pros and Cons table shows that the broker has some advantages, such as a low minimum deposit requirement and the availability of a demo account. It also offers a variety of trading instruments and a mobile app for traders who prefer to trade on-the-go. However, the broker lacks regulation, and there have been some complaints regarding the withdrawal process and customer support. Traders should carefully consider the risks and benefits before deciding to trade with ExpertOption.

Pros Cons
Offers a range of account types for traders of all levels Not regulated by a reputable financial authority
Multiple deposit and withdrawal methods available Limited educational resources
Provides mobile trading app for convenient trading High minimum deposit requirement for certain account types
Low minimum trade size of $1 Limited number of tradable assets compared to other brokers
Offers a free demo account for practice trading Limited customer support options
Competitive spreads and commissions Reports of delayed or denied withdrawal requests

Market Intruments

ExpertOption offers a variety of tradable assets in different markets, including forex, commodities, cryptocurrencies, stocks, and indices. Traders can choose from over 100 assets to trade, including popular currency pairs like EUR/USD, commodities like gold and silver, cryptocurrencies like Bitcoin and Ethereum, and stocks from major companies like Apple, Amazon, and Coca-Cola. Additionally, ExpertOption offers a unique feature of trading options on a range of assets, providing traders with more flexibility and opportunities to profit from market movements.

Account Types

ExpertOption offers five different account types: Basic, Silver, Gold, Platinum, and Exclusive. The Basic account is the most basic account type, while the Exclusive account is the most advanced. Each account type offers different benefits and features. The minimum deposit required for the Basic account is $50, while the minimum deposit required for the Silver, Gold, Platinum, and Exclusive accounts is $500, $2,500, $5,000, and $10,000, respectively.

The Basic account offers basic features such as a demo account, 24/7 customer support, and access to educational materials. The Silver account offers all the features of the Basic account, as well as access to a personal account manager, trading signals, and higher profit payouts. The Gold account offers all the features of the Silver account, as well as access to a personal analyst, priority withdrawals, and a 2% increase in profit payouts.

The Platinum account offers all the features of the Gold account, as well as access to exclusive strategies, customized investment plans, and a 4% increase in profit payouts. The Exclusive account is the most advanced account type and offers all the features of the Platinum account, as well as access to a VIP consultant, exclusive events, and a 6% increase in profit payouts.

account-types
Account Types Pros Cons
Micro Low initial deposit requirement Limited access to trading instruments and features
Basic Access to more trading instruments and features Higher minimum deposit requirement
Silver Lower spread and commission fees Even higher minimum deposit requirement
Gold Access to exclusive VIP services Very high minimum deposit requirement
Platinum Personalized account manager and trading analysis Extremely high minimum deposit requirement
Exclusive Customized trading conditions and personalized support Extremely high minimum deposit requirement

How to open an account?

To open an account with ExpertOption, follow these simple steps:

  1. Visit the ExpertOption website and click on the “Real Account” button located at the top right-hand corner of the homepage.

open-account
  1. You will be directed to a registration page where you will need to provide your email address and password. Alternatively, you can sign up using your Facebook or Google account.

open-account
  1. Next, select your preferred account currency and input your personal details, including your name, phone number, and country of residence. Read and accept the terms and conditions, as well as the privacy policy, then click on the “Register” button.

  2. Verify your email address by clicking on the confirmation link sent to your email.

  3. Log in to your account using your email and password. Fund your account using one of the available deposit methods. Start trading binary options on the ExpertOption platform.

Leverage

As a binary options broker, ExpertOption does not offer leverage. The payout and potential profit or loss are predetermined when placing a trade, and the trader only needs to invest the required amount to open the position. This is one of the key differences between binary options trading and other forms of trading such as forex or CFDs, which often offer leverage to traders.

Spreads & Commissions (Trading Fees)

As a binary options broker, ExpertOption does not charge spreads or commissions on trades. Instead, the broker makes money through the payout structure of the binary options contracts. ExpertOption does not have a fixed payout rate for all trades. The payout rate depends on the asset being traded, the type of trade, and the market conditions at the time the trade is executed. Generally, the payout rate ranges from 60% to 95%. The broker provides this information on their platform before executing a trade, allowing traders to know the potential profit or loss before entering a trade.

It's worth noting that binary options trading carries a high level of risk and is not suitable for all investors. Traders should carefully consider their trading objectives and risk tolerance before opening an account with ExpertOption or any other binary options broker.

Non-Trading Fees

ExpertOption charges a dormant account fee of $10 per month for accounts that have been inactive for 180 days or more. This fee is deducted from the account balance and continues until the account balance reaches zero. It is important to note that the broker will send a notification to the account holder prior to charging this fee, and the fee can be avoided by simply logging into the account and making a trade or deposit.

Trading Platform

ExpertOption offers a proprietary trading platform for binary options trading, which is available in both web-based and mobile versions. The platform is user-friendly and intuitive, with a simple and sleek design that makes it easy for traders to navigate and execute trades. It also offers a range of trading tools and features, including a wide selection of trading assets, trading indicators, and analytical tools. Additionally, the platform supports multiple languages and is available for download on both Android and iOS devices.

trading-platform

Social Trading

ExpertOption offers a social trading feature called the “Traders' Sentiment” tool. This tool allows traders to see the percentage of traders who are buying or selling a particular asset. This information can be helpful for traders in making trading decisions.

ExpertOption also has a feature called the “Strategy Advisor.” This feature provides traders with trading signals that are generated by algorithms based on market trends and indicators. Traders can use these signals to inform their trading decisions.

In addition, ExpertOption offers a “Copy Trading” feature, which allows traders to copy the trades of other successful traders. This feature is particularly useful for novice traders who may not have the experience or knowledge to make informed trading decisions on their own.

social-trading
social-trading

Deposit & Withdrawal

When it comes to deposits and withdrawals, the broker offers several options. For deposits, clients can use Visa, Mastercard, Maestro, Skrill, Neteller, and a range of other payment methods. The minimum deposit amount varies depending on the payment method used, with some options requiring as little as $10.Withdrawals can also be made using the same payment methods. The minimum withdrawal amount is $10, and the processing time can take up to 2 business days. It is important to note that some payment methods may have additional fees or processing times, so clients should check with their payment provider for more information.

deposit-withdrawal

Customer Support

ExpertOption offers a range of deposit and withdrawal options to its clients. Deposits can be made using credit/debit cards (VISA, MasterCard, Maestro), e-wallets (Neteller, Skrill), and cryptocurrencies (Bitcoin, Ethereum, Litecoin). The minimum deposit amount varies depending on the account type and ranges from $10 to $5000.

Withdrawals can be made using the same methods as deposits, with processing times ranging from 2 to 5 business days depending on the method. It is important to note that clients must withdraw funds using the same method they used to deposit, and they may be required to provide additional documentation for verification purposes.

ExpertOption does not charge any deposit fees, but it does charge withdrawal fees depending on the method used. These fees can range from 0.9% to 9%, with a minimum fee of $10.

Educational Resouces

ExpertOption offers a variety of educational resources for traders to improve their trading skills and knowledge. These resources include:

  1. Video tutorials: ExpertOption has a large library of video tutorials that cover topics such as trading strategies, technical analysis, and risk management.

  2. Webinars: The broker regularly conducts live webinars hosted by experienced traders and financial experts. These webinars cover a range of topics and provide valuable insights into the markets.

  3. E-books: ExpertOption offers free e-books that cover various trading topics such as forex trading, binary options trading, and trading psychology.

  4. Trading signals: The broker also provides free trading signals to its clients. These signals are generated by professional traders and are designed to help traders identify profitable trading opportunities.

  5. Demo account: ExpertOption offers a free demo account that traders can use to practice their trading skills and test their strategies in a risk-free environment.

educational-resources
Pros Cons
Offers a variety of educational materials, including video tutorials, webinars, and eBooks. The educational resources may not be as comprehensive as those provided by other brokers.
Provides traders with access to a demo account to practice trading strategies without risking real money. The demo account is only available for a limited time.
Offers a range of trading tools, such as technical analysis tools and trading signals, to help traders make informed trading decisions. Some traders may find the educational resources to be basic and not suitable for advanced traders.
Provides multilingual support, making the educational resources accessible to traders from different regions.

Conclusion

ExpertOption is an online binary options trading platform that offers a variety of trading instruments, including currencies, commodities, stocks, and cryptocurrencies. It offers multiple account types with varying benefits and requires a minimum deposit of only $10. The broker also provides social trading features, allowing traders to copy the trades of successful traders. However, ExpertOption is not regulated by any reputable financial authority and has been associated with some negative reviews, including issues with withdrawals and customer support. Traders should exercise caution when trading with ExpertOption and conduct thorough research before depositing funds.

FAQs

  • Q: Is ExpertOption a regulated broker?

A: ExpertOption is registered in Saint Vincent and the Grenadines and is not regulated by any major regulatory body.

  • Q: What trading instruments are available at ExpertOption?

A: ExpertOption offers a variety of trading instruments including currency pairs, stocks, commodities, and cryptocurrencies.

  • Q: What is the minimum deposit required to open an account with ExpertOption?

A: The minimum deposit required to open an account with ExpertOption varies depending on the account type. The Micro account requires a minimum deposit of $10, while the Exclusive account requires a minimum deposit of $50,000.

  • Q: Does ExpertOption offer social trading?

A: Yes, ExpertOption offers social trading through their platform, allowing traders to copy the trades of successful traders.

  • Q: What trading platforms does ExpertOption offer?

A: ExpertOption offers a proprietary trading platform as well as a mobile app for both iOS and Android.

  • Q: Does ExpertOption charge any fees for deposits or withdrawals?

A: ExpertOption does not charge any fees for deposits or withdrawals. However, third-party payment processors may charge fees.

  • Q: Is ExpertOption a scam or a legitimate broker?

A: While ExpertOption is not regulated by any major regulatory body, there have been no reports of it being a scam. However, traders should exercise caution and thoroughly research the broker before investing any funds.

  • Q: Does ExpertOption offer a demo account?

A: Yes, ExpertOption offers a free demo account for traders to practice trading without risking any real funds.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Self-developed
  • Regional Brokers
  • High Potential Risk

News

ExpertOption Review: License Status, Regulatory Warnings, and User Complaints

Exposure ExpertOption Review: License Status, Regulatory Warnings, and User Complaints

Is ExpertOption trustworthy? A report reviewing ExpertOption’s license and rating on WikiFX, alongside official warnings and withdrawal complaints.

Common Questions About ExpertOption: Safety, Fees, and Risks (2025)

Exposure Common Questions About ExpertOption: Safety, Fees, and Risks (2025)

ExpertOption presents itself as a sleek, modern trading platform with a low barrier to entry, attracting significant attention across social media and search engines. With its proprietary app and promises of easy profits, it’s no surprise many beginners are tempted to sign up. However, flashy interface design often hides fundamental risks.

WikiFX Deep Dive Review: ExpertOption

Exposure WikiFX Deep Dive Review: ExpertOption

Reference to WikiFX records shows that **ExpertOption is a high-risk broker.** While the company has been operating since 2017 and has a popular trading app, the safety foundations are weak.

WIKIFX REPORT: ExpertOption.Trade Is One Of The Most Popular And Well-Known Trading Platforms

News WIKIFX REPORT: ExpertOption.Trade Is One Of The Most Popular And Well-Known Trading Platforms

Financial markets are full of surprises, allowing some to become extremely wealthy while the majority lose all of their money. Many of those who failed in the beginning have a chance to become lucky investors someday if they are patient and strive to improve their skills.

WikiFX report: ExpertOption traders experience unprecedented growth and record profits

News WikiFX report: ExpertOption traders experience unprecedented growth and record profits

Online Trading has witnessed significant growth in recent years, with many new users keen to improve their financial situation. Platforms such as ExpertOption provide instant access to the global markets, with easy deposit methods and fast withdrawal times - it‘s no surprise that they’ve earned the trust of more than 14 million traders worldwide. With a responsive user interface and an abundance of tutorials, as well as educational materials available, ExpertOption features numerous benefits which can help traders to earn. This summary will provide a rundown of the core features traders can expect to utilize during their time with ExpertOption.

WikiFX report: ExpertOption, Leader of the Market, Attracts 30 Million Clients and Announces New Loc

News WikiFX report: ExpertOption, Leader of the Market, Attracts 30 Million Clients and Announces New Loc

ExpertOption has reported that their user base had surpassed 30 million people. The broker was formed with the goal of providing clients with a completely transparent trading experience. It offers a simple trading platform and devotes a significant amount of time to consumer education. The firm is looking for successful and affluent traders who can generate a large trading volume.

View More

Wiki Q&A

Is ExpertOption safe and reliable?

According to WikiFX data, ExpertOption has a core score of 2.00 out of 10 and is classified as not regulated. The broker is registered in Saint Vincent and the Grenadines and holds no financial regulatory license. While the platform offers a low minimum deposit and a user-friendly interface, the absence of regulation means there is no independent oversight, which may increase risk. Traders should carefully evaluate these factors before making a decision.

1m
United States

Is ExpertOption regulated?

According to WikiFX data, ExpertOption is not regulated by any financial authority. It has no valid regulatory licenses listed. The broker is registered in Saint Vincent and the Grenadines, which does not have a financial regulatory framework for forex brokers.

1m
United States

What is the minimum deposit of ExpertOption?

According to WikiFX data, the minimum deposit for ExpertOption is $10, as indicated by the entry condition for the Micro account.

1m
United States

Does ExpertOption support MT4 or MT5?

According to WikiFX data, it is not currently specified whether ExpertOption supports the MetaTrader 4 or MetaTrader 5 platforms. The broker may offer its own proprietary platform.

1m
United States
View More

User Feedback10

This broker has not yet registered on WikiFX, so we cannot communicate user feedback for it.
Swipe up to load more
Feedback
10
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com