Most of the cryptocurrency trading companies that you can find online were founded during either 2018 or 2017. As cryptocurrencies started to get really famous around the world, exchanges started to appear, but this is not the story of Expert Option, the company that we will review today.
Created in 2014, this cryptocurrency exchange has more experience than many of the most important ones in the market. It was founded with the business vision of creating a really transparent digital trading experience that could enable its users to have the best possible experience for traders and investors.
The company focuses on creating a platform that can be really easy to use and that will provide the necessary education for its customers. ExpertOption values its clients, so its goal is that the platform can be constantly reliable and simple, so the users can trade at high speed while they use Expert Option.
ExpertOption is regulated by the VSFC government and by organizations like the FMRRC and it uses security standards compatible with Visa and Mastercard, as well as accurate quotes. At the moment, the company has reached a number of more than 7 million accounts opened since its debut in 2014 and has executed more than 30 million exchanges per month in recent times.
How to Use ExpertOption?
In case that you want to use this company to trade, you have to follow this steps. First, you need to create your account, which can be done considerably quickly. The company works with more than 20 payments systems including credit card and PayPal, so there is a good chance that you will not find any problems whatsoever to deposit the money.
The company has several plans that you can use. While the free trial version is completely free of charge, you have to pay at least $50 USD for the Basic version if you want to use the platform. If you are serious about investing, you can pick the popular Silver option ($500 USD), you can also have free consultations with the experts of the company before you invest to know more.
The Gold account ($2500 USD) will allow you to use many privileged features and the Platinum ($5000 USD) will give you an exclusive account and all the help that you need. There is even an exclusive version of the program, but you have to buy one of the other ones first and then talk to the managers of your account to ensure that you can get it first.
After you make the initial deposit, you will be free to trade the money and to look for profit. You can use arbitrage techniques to trade any of the 110 different assets that the company has and earn profits. The transactions do not take more than 30 seconds to be finished because speed is one of the most important factors that Expert Option values.
Finally, you can use the site to withdraw the funds without having to pay any commission. All the fees are paid directly during the transactions, so you will not have any surprises whenever you decide that you should withdraw your fees from this company’s site.
ExpertOption can be used on Windows, MacOS and on Android and iOS, but mind that you have to use at least the version 4.4 or higher of the Android OS or 8.2 on the iOS.
Is it important to notice that this company requires personal information about you and you may haze your entry on the platform denied if you are blacklisted or if you are in the following countries: United States, Canada, Switzerland, the Euro zone countries, Israel, New Zealand, Australia, Japan, North Korea, Puerto Rico and Sudan.
Why Should You Use Expert Option?
Provided that you are not from the countries blocked from using the company’s services, you might want to know more about some features of ExpertOption. The company not only has cryptocurrencies as it has assets for popular stocks like Apple, Facebook and McDonald’s, which makes it a considerably more interesting company when you think about it.
ExpertOption gives you the option to use cryptocurrency to pay for traditional financial assets because the company does not really make the distinction between them on the platform. If you have the asset or money, you can trade it as long as the platform supports it.
Also, the company allows you to use account managers to profit more than you would normally do, which can be a great idea if you are looking for profit but you are still not an expert at trading.
The ExpertOpinion Verdict
While it is blocked from many countries, Expert Opinion can be an interesting choice for the users who are interested in trading both cryptocurrencies and traditional assets at the same time. The company also is working for quite some time for the cryptocurrency standards, so it can definitely be a good option for you.