Broker ExpertOption reviews of our team:
Which broker to choose?
Choosing a trading platform is the most important decision of any investor. Because the investment service mediates with even the smallest transaction and it is to him that we transfer our money. He must therefore be sure as well as trustworthy. In this blog, we will try to show our feedback about the ExpertOption broker. But additionally touch the issue of making money on the stock market and investing in CFDs. The amount we decide to invest is important.
Because the more money we invest, the greater the ability to earn money, but also more stress. Contrary to appearances, nerves can greatly affect our choices. It is always advisable to try to be cold and not to settle decisions under the influence of emotions. The ability to think rationally under the pressure of powerful stress. This is a very useful feature, among experienced investors.
Broker ExpertOption reviews on forum
Reviews on the forum this platform receives from customers in large part negative. Our editors tested the demo account and the real account for six days. We checked how deposits and withdrawals work, and what comments on the forum broker ExpertOption gets from the best investors.
If you want to find a tried and tested broker. The way it will secure your withdrawal in any situation. So choose wisely, check out the ranking of forex CFDs.
Then decide which service will be best for your trading strategy.
ExpertOption Broker allows you to invest in a variety of financial instruments. For example: CFDs on shares of significant companies, cryptocurrencies, commodities and Forex. You can earn a lot from them. Similarly, however, you can lose your invested funds quickly or go to zero. Before we proceed to review this platform and express our own opinion on this topic. We would like to give our readers a first look at what we focused on during the test. Most often we asked questions about whether the broker ExpertOption:
- provides a free demo account?
- obtained the necessary legal licenses and is safe?
- was not placed on the list of warnings?
- encourages real money and forces you to make large deposits?
- What are his opinions on the investment forum?
- What are our experiences?
- We also checked to see if the Mother Tongue was available.
Interesting questions that we want to answer.
We would like to answer frequently asked questions about the ExpertOption broker, which we receive from you to our e-mail address. We only identified the most interesting ones, because most of them repeated:
- Is the ExpertOption broker reliable? – indeed, during our test there were no problems with the withdrawal of money, not taking into account the rather long waiting time for the transfer of funds.
- ExpertOption reviews- most often acquires from a growing proportion of well-known investors. We checked on several large business portals and managed to find a lot of interesting news, and insights about this broker.
- Scam or not? – it is certainly not a scam, such a company is registered.
- ExpertOption Test Account – The test account is achievable without having to make a deposit.
- Broker ExpertOption negative reviews- on the forum gets very rarely, as a rule, they are dictated by the mistake of the investor. Which blames the broker for his own missed investment, but most of the feedback is positive.
- The best broker – according to our assessment, there are many better platforms, however, this is our private opinion. Certainly some users may think that the ExpertOption broker is the best.
- ExpertOption negative comments – on the forum and facebook wins sporadically, most users complain about the long time waiting for the payment of earned money.
- ExpertOption demo account – offers a free demo account, with no time limit. Unfortunately, once all the virtual funds received have been exhausted, there is no way to continue to use it.
Where to start?
If you are a new inverter and do not have much trading experience yet. This is what we suggest that you focus on one or most of the two categories. What exactly categories you choose is entirely up to you. Nevertheless, remember that the more you clarify your goal, the more time you will be able to devote to a thorough analysis of the current situation. The main categories are commodities (gold, silver, oil), stocks of companies (Apple, Orlen, CD Projekt), forex (USD/EUR, PLN/EUR, CHF/USD), cryptocurrencies (bitcoin, ethereum, xrp), domestic indices (WIG 20, USA 500, Germany 30) and commodities (coffee, sugar, corn). By choosing a specific category, you will be able to analyze historical price fluctuations in detail and try to draw conclusions. You should wonder what has caused the value of the assets in question to change in the past.
If you decide to occupy only one specific category e.g. cryptocurrencies, then after a while you will notice. Exactly that every information from the country and from the world will begin to analyze through the prism "and how it will affect cryptocurrencies". For this sake, your next investments will be the result of insightful thoughts. They will no longer be a matter of chance as it will probably be at the very beginning. A significant proportion of professional investors also prefer only one main category, and then devote up to 80% of their time and investment capital to it. There is no man all over the world who knows everything, so it is worth choosing one field at the very beginning. Spend as much time as possible on analyzing it, rather than distracting it between different categories.
Demo Broker ExpertOption Account
Most popular brokers offer a free demo account, in most cases, registering a demo account does not require checking even basic information. ExpertOption Broker also does not require even the smallest deposits to activate the demo account. So you can try the platform for free. Speed of enforcement of regulations and stability of connection to the application. Without any danger of losing real money. This platform also provides a demo account to its customers, although it applies a budget limit. This means that we get to use the pre-calculated amount of virtual currency. Which does not refresh when exhausted. This means that after using the entire sum, we have to decide whether we want to allocate real money to this broker. Or maybe it will be better to check a few other platforms before we make a final decision.
The best investment service in our opinion should offer revolving money in a demo account. So that every inexperienced user has the boundless opportunity to thoroughly check the platform under any account. During the tests, it turned out that several brokers also set time limits for using a demo account. Mostly it was a month of time during which the novice user had to learn all the significant features of the platform. After this time, the demo account was blocked and there was no way to continue using it. At that time, it was only possible to make a transfer of real money. The ExpertOption Broker does not use time limits on the demo account. We can use them until all virtual money is spent.
Our opinion of ExpertOption
The website of the expertoption broker did not like us very much, the colors of the buttons, the layout and color are not intuitive and can give a misleading impression to novice investors. Moreover, all too often information pops up urging you to deposit real money. According to our experience, platform navigation is not intuitive. A huge problem, which also limited the quiet use of the services of this broker was the fact that the internet domain cut from time to time, or very slowly loaded, and even crashed.
However, we do not blame the broker ExpertOption because we can not be 100% sure whether these difficulties did not cause our internet in the newsroom or the computer that we used at the time. Or some other external element not related to the ExpertOption broker such as server problems. However, this is only our opinion, which is due to personal insights and thoughts, each person may have a different opinion about this site. So we think that it's best if you test yourself if this platform meets your expectations.
In our opinion, broker ExpertOption would not be the best choice for beginners and advanced investors, because the layout of the site as well as the color used on this platform are hugely confounding for novice users. In addition, a large number of analytical charts can significantly limit market analysis to experienced investors. Broker ExpertOption reviews on the forum gets mostly positive although these are usually very suspicious comments as "recommend". We therefore have no way of assessing whether these comments are really true and written by many investors. Or has one person put up many of the same opinions about this broker to encourage new investors to transfer real money to this platform.
Emotions and stress
Emotions are part of investing in the stock market, but bad emotions and stress are the worst advisers. The very thought of the possibility of earning or losing significant money stimulates certain nerves. However, when you are faced with the choice of "withdraw – do you wait?" And at stake will fluctuate your 50 thousand zlotys, the nerves will reach the top. What decision you make in such a situation will depend for the most part on your emotions. If you manage to control your stress and excitement then you have the opportunity to become one of the best investors.
On the net you have the opportunity to find a lot of guides and books on how to deal with stress. Making serious decisions, being under pressure from strong nerves, is not the best option, but that's what it's all about investing in CFDs. There are many techniques that allow you to increase control over stress and even completely suppress them. Many professional investors promote, among other things, meditation or yoga practice.
Every investment is associated with the risk of losing capital, before placing any amount in the hope of profit, however, you must consider whether the likely loss of this money in the event of a bad investment will not affect the state of your life. One of the most important principles of professional traders is to invest only those funds, the loss of which will not have any impact on the standard of their living. Don't invest money if you need it for a normal life!
If you have savings that you wanted to spend e.g. on a holiday or a better car, then also think carefully before you decide to trade this money. Always count on the prospect of loss and never bet on profit. As a result, you will never find yourself in an embarrassing situation. You will only be pleasantly surprised if an investment turns out to be accurate and your account will receive a bonus amount of money.
Broker ExpertOption Training Materials
The most popular brokers provide their clients with a free demo account, designed to learn how to invest, try out new tactics and try out the trading platform. It works exactly like a real, unique difference is not real currency. If you are a young investor then consider that. "With each new investment, you will receive experience and make fewer mistakes."
If you are looking for a tested broker, guarded by the financial commission and having legal licenses that guarantee its solvency, then see the current ranking of CFDs brokers. Each ranked service was tested and evaluated by several investors. When creating this statement, we also took into account the evaluation of opinions and comments about the broker ExpertOption. Discovered in the net not only on pages in our language. But also on English and German investment forums. Investing is always associated with danger. Therefore, do not invest money that could change your living standards if lost.
Price difference contracts, also known as "CFDs". They enable investors to gain equally on the increase in the value of assets and on the reduction. Which in the case of a standard exchange is unworkable. The investor concludes a contract with the broker and then predicts whether the price of the selected assets will fall or rise. When his assumptions are confirmed and the price changes properly with his predictions, he notes the benefit. CFDs allow you to use leverage, the so-called "levee" to multiply your income. A significant proportion of platforms offer young investors maximum leverage of 1:30. However, professional investors can apply to raise the maximum level of leverage.
A typical leverage of 1:30 means that when you open a CFD, the amount we invest will be multiplied 30 times. For example, by transferring 100 euros to a broker account, we have the opportunity to freely "invest" 3000 euros, and from the amount of three thousand we will gain %. If the value changes accordingly with our predictions or lose if we make a mistake. Investing with leverage is very risky, but it gives you the chance to earn a colossal profit with a small amount of your own. When investing with legal license brokers, there is no option to become indebted. The balance of our stock account may at worst decrease to zero. This means that by investing the aforementioned 100 euros, we can lose a maximum of 100 PLN. There is no way for your account balance to be negative.
Before you make a decision!
Before accepting the final decision of which broker to choose, read the most popular posts and comments about the ExpertOption broker on the web, or any other one you are interested in. On our blog you have the opportunity to read reviews of people who have had contact with multiple platforms so far. They distinguish or advise against some brokers. Please note that every broker operating in our country is required to obtain legal licences and authorisations to mediate transactions within the EU. Please note that an investment service that is overseen by a national or European Financial Commission offers greater security for your capital. You can also check the ranking of brokers and compare your choice with the choice of other traders. This will tell you which place in the ranking was achieved by the broker of your chosen and whether it is trustworthy according to other users.
The danger of investing in the stock market
Earnings on the stock market always come with a certain danger, although this risk can be reduced with the appropriate knowledge, capabilities and experience. Professional investors make a lot more profitable trades than new traders, and this is no coincidence. Beginners notoriously choose incorrect decisions. Because they do not fully recognize the laws governing the stock market, they possibly do not pay sufficient attention to important incidents from the world. It is these events that affect fluctuations in the value of assets after a while.
Professional players constantly analyze the market situation and make decisions based on stable pillars. The road from the novice to the experienced investor is long and easy to get away with after the conclusion of several missed investments. Especially when we lose some of our real capital. So an excellent idea for inexperienced traders is to use a demo account to learn the platform. Try out a variety of investing tactics and gain experience.
Broker ExpertOption demo account
Before you start trading CFDs in real cash, you should first understand the trading platform. You can use a demo account for this. Broker ExpertOption offers its contractors a free demo account. By creating such an account, you will have at your disposal all the tools and charts that are offered in the authentic account. You also have the chance to study current price fluctuations and invest virtual money in the same way as real money.
You will be able to switch your account type to authentic at any time. As soon as you come to the conclusion that you are ready to invest real capital. A demo account will allow you to gain real experience, not just theoretical experience. Just like reading investing books or watching videos on YouTube. If you would like to learn the best trading strategies and deepen your theoretical knowledge, we would like to recommend two books. Zenon Komar – "The Art of Speculation" and Jack D. Schwager – "Market Wizards. Conversations with outstanding traders" can help you analyze and concept the rules governing the stock market.
How do I settle my money?
Remember that each investment service charges a spread when you open another investment, it is a commission for brokering a trade, usually 100% or a thousandth of % of the amount you invest. The amount of the spread depends solely on the company's policy and can be fixed or variable. Each perk of the investment is also taxable and you have to settle with the money earned in your tax country. In Poland, pit-38, on which income from financial capital as well as from the acquisition of derivative financial instruments are determined, is used to settle the income from investments on the stock exchange. If you do not know how to fill pit-38 you can seek advice from a solicitor or look for such information on the internet. You can also settle online, in which case filling the PIT should not cause you any difficulties.
ExpertOption Broker Help and Terms and Conditions Our Opinion
The contact with the technical team was great, we received answers almost immediately to all inquiries. This was really helpful information that explained all our concerns. The technical department's responses are at a good level.
Also, the support broker ExpertOption works extremely well, chat live is a first-class assumption. It is easy to get help for a short while. After sending the question and explaining the problem in detail to the employee. While testing the platform, we wrote to support asking: "How best to withdraw your finances". So that as soon as possible they reach our private account. We have received a thorough response that has helped us to make a definitive decision. The support worker was reasonably polite. He really tried to help and instructed us the most attractive acceptable method of withdrawing money.
In the rules of the broker ExpertOption we have found a lot of useful news regarding, among others: Financial instruments made available by the platform. Leverage from which novice and professional investors have the chance to use, plus detailed information about the broker itself. Such as the company's mailing address, the list of valuable telephone numbers. As well as email addresses, and license numbers that the broker has.
How to create a demo account
The registration of the ExpertOption demo account took place without any hassle, however, the site does not have the possibility to choose your native language. The entire registration should therefore be completed in English, which can be a problem for many users. Unfortunately, after registering your account and logging in to the platform, there was also no chance of modifying the language. Therefore, the entire registration of the demo account, as well as any investments we had to make in English. This was laborious and not very pleasant because the translator does not translate professional slogans as well as stock exchange issues.
Reading the terms of the agreement in English was also quite complicated. The English official language is difficult to translate in the translator, and the terms of the agreement have a lot of content pages. Unfortunately, for this reason, we have lost many hours to adequately translate and understand the whole agreement.
In our opinion, the conditions offered by this company are not of interest to new investors. Many of the intermediaries tested by our team offer more interesting conditions to their new contractors. Many investment services do not guarantee 100% security for their users in all respects, as they stress that in some rare cases, there may be situations when the stop loss system does not work immediately. Users must consider the possibility of losing their capital, despite the "stop loss" option being marked.
The biggest advantages of the ExpertOption broker according to our opinion
The biggest values that this platform has are undoubtedly training articles. Instructional videos, individual advice in the field of investing, a huge part of financial instruments that make learning much easier. An alternative to trying out a demo platform and an extremely useful economic calendar. A significant advantage of this service is the fact that it has a personal web application. Which makes it very easy to make decisions and make investments. During the course of the tests, we paid the most attention to the risk records associated with the investment. As well as what % of counterparties investing through a given broker, there are losses, unfortunately for this service % of the customers who record losses is quite large.
Not only that, we searched the official account of each of the brokers on Facebook, and then read all the comments on such a profile. A significant point of our investigation was to check the credibility of the institution's address of each intermediary, as stated on the official website. In several cases, during the whole test, we did not discover any company headquarters or a specific office at the address. However, in the case of ExpertOption, the address provided has been confirmed and is true.
Broker ExpertOption negative reviews of our team
In our opinion, this platform is a very good broker. However, it also has its drawbacks, which should be taken into account. Browsing foreign forums for investors, especially in German and French. We came across a lot of statements about the ExpertOption broker. Opinions were generally favorable, albeit very short. Consisting of one or two words. Still, a small part of the opinion was critical. We have read such opinions in detail in an attempt to determine whether they are authentic or deceitful. A large group of investors was unhappy with the time that you have to wait for the transfer of money from your investment account. According to their assessment, they were forced to wait too long before the funds reached their private account.
Broker ExpertOption Withdraw money
We decided to test it and see how long it takes to transfer money from this platform. First, we carried out a real transfer to the account of the broker ExpertOption. The deposit came to the stock account very quickly and after a few days we had the opportunity to invest in real cash. There were also no fees or commissions for making a deposit. After a few days of testing the platform, it's time to withdraw your earned money. So we decided to choose the same withdrawal method that we used to make the first deposit. We hoped that everything would go smoothly, but at the very beginning we met with a commission for the broker. As well as with a small fee for making the transfer.
From the moment we ordered the transfer to the bank account we had to wait a lot more than 5 days. Before the funds were in the account. During this period, we sent a question to the technical department. Technical assistance stated that the delay was probably due to the limitations of our bank. Therefore, we acknowledge that ExpertOption cannot be responsible for them under any circumstances. Thus, we cannot clearly determine how much time is to be expected to withdraw money. Because depending on the transfer method you choose, this time may vary. In our case, it was much over five days. In our personal impression, this has been too long and we do not consider this to be an advantage of the platform.
Your feedback and comments
Before you decide to transfer your savings to the account of a broker. Check out what reviews other forum readers have about the ExpertOption broker. The main thing to choose such an intermediary, which will provide security and guarantee of payment of money. Our team would like to thank you for all the comments about the ExpertOption broker you write. Your opinions are very valuable to us. If you would like our team to try out a new broker, what feedback we do not have on our blog yet. We cordially invite you to send you an email with the name of this website and the address of its website.
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