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Expert-OptionTrade

United Kingdom|1-2 years|
Suspicious Scope of Business|High potential risk|

https://www.expert-optiontrade.com/

Website

Rating Index

Contact

admin@expert-optiontrade.com
https://www.expert-optiontrade.com/
17 Abbey Drive, Luton, England, LU2 0LG

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Disclosure

Danger

UK FCA
2024-04-18
EXPERT-OPTIONTRADE
Expert-OptionTrade

Broker Information

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Company Name

Expert-OptionTrade

Company Abbreviation

Expert-OptionTrade

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Expert-OptionTrade · Company Summary

Aspect Information
Company Name Expert-Option
Registered Country/Area United Kingdom
Founded Year 2023
Regulation Unregulated
Products & Services Cryptocurrencies,Forex,Stocks & EFTs,Options,Metals,Futures
Account Types Basic,Premium,Gold and VIP Plan
Customer Support Email:admin@expert-optiontrade.com

Overview of Expert-Option

Expert-Option is a financial trading platform established in 2023 and based in the United Kingdom.

Although it is unregulated, Expert-Option offers a diverse range of trading options that include cryptocurrencies, forex, stocks and ETFs, options, metals, and futures. Attracting different types of traders, the platform provides several account types such as Basic, Premium, Gold, and VIP Plan.

For customer support, Expert-Option can be contacted via email at admin@expert-optiontrade.com. This variety of financial products along with multiple account options makes Expert-Option a versatile choice for traders looking for broad trading opportunities.

Overview of Expert-Option

Regulation Status

Expert-Option is currently unregulated, meaning it does not hold a license from any financial regulatory body. This status may affect the level of oversight and protection that traders receive when engaging with their services, potentially increasing the risk compared to dealing with a regulated entity.

Pros and Cons

Pros Cons
Diverse Trading Option Limited Customer Support
Different Account Types Unregulated
Multipule languages Uncertain Fee Structure
Uncertain Leverage
No Educational Resources

Pros:

Expert-Option offers a wide variety of trading options, allowing traders to engage in markets across cryptocurrencies, forex, stocks and ETFs, options, metals, and futures.

This diversity satisfying a broad range of trading preferences and strategies. The platform also provides several account types, including Basic, Premium, Gold, and VIP Plans, which can accommodate different levels of investment and trader experience.

Additionally, the availability of services in multiple languages enhances accessibility and user experience for a global clientele, making it more inclusive.

Cons:

Despite its diverse offerings, Expert-Option operates as an unregulated entity, which might pose significant risks regarding the security and management of user funds and the fairness of trading practices.

The platform's customer support is limited to email, potentially leading to slower response times and a lack of immediate assistance for urgent issues.

Moreover, the fee structure and leverage options are not clearly defined, which could complicate financial planning for traders.

Another significant drawback is the absence of educational resources, which limits opportunities for new traders to learn and understand trading strategies and market dynamics effectively.

Products & Services

Expert-Option offers a large range of investment products tailored to meet the needs of diverse trading strategies and investor preferences:

  • Cryptocurrencies: The platform features a curated selection of the top 20 cryptocurrencies, chosen for their high performance in the market. This allows traders access to the most influential and dynamic digital currencies.

  • Forex: Expert-Option provides a robust forex trading experience with over 50 currency pairs, focusing on those with the best performance and favorable volatility. This offers forex traders a wide range of options for currency trading.

  • Stocks & ETFs: The platform has a vast selection of over 3,000 stocks, ranging from well-established blue-chip companies to new IPOs across major U.S. and local European exchanges. This extensive range provides ample choices for portfolio diversification.

  • Options: Expert-Option includes more than 120 options in its portfolio, which have been analyzed and selected to give traders significant leverage, with over 80% of trades historically yielding profit. This selection attracts traders looking for high-reward opportunities.

  • Metals: The investment in precious metals is facilitated through spot-traded commodities and includes over 10 forex crosses. This addition offers traders the opportunity to invest in safe-haven assets, which can be a hedge against inflation or economic uncertainty.

  • Futures: The platform offers a broad array of over 500 futures varieties, ranging from commodities to bonds traded on major markets such as CME, LIFFE, EUREX, and FORTS. This extensive selection allows for significant flexibility in hedging strategies and speculation on future prices.

Products & Services

Account Types

Expert-Option provides a variety of investment plans designed to meet the diverse needs and investment capacities of different traders. Each plan offers specific benefits and is structured to offer varying returns on investment over short periods:

  • Basic Plan: This entry-level plan is designed for newcomers or those testing the platform with lower investment thresholds. It includes basic client support and a referral commission. The plan duration is very short, allowing quick returns.

  • Premium Plan: A step up from the basic, this plan targets more serious investors with a higher minimum investment. It offers a substantial return over a two-day period and includes continuous client support and a referral commission.

  • Gold Plan: Attracting more advanced investors, this plan requires a significant minimum investment and promises a full return within just over a day. Like the others, it includes around-the-clock client support and a referral incentive.

Account Types
  • VIP Plan: This is the most elite plan offered, suitable for high-net-worth individuals or institutional traders, featuring the highest return rate and no maximum investment limit. The plan also includes constant client support and a referral bonus.

VIP Plan
Plan Return Minimum Maximum Duration Referral Commission
Basic Plan 15% Daily $100 $999 24 hours 5%
Premium Plan 50% in 48hrs $1,000 $4,999 48 hours 5%
Gold Plan 100% in 32hrs $5,000 $9,999 32 hours 5%
VIP Plan 200% in 32hrs $10,000 Unlimited 32 hours 5%

How To Open An Account?

Opening an account with Expert-Option is a straightforward process that can be completed in three simple steps:

  1. Open a Free Account: Start by clicking the 'Open Account' button on the Expert-Option platform. You will be prompted to fill out a form with your personal details. This process is quick and can be done from any device, ensuring easy and fast account creation.

  2. Select a Plan: Once your account is set up, review the various investment plans offered—ranging from Basic to VIP—and select one that aligns with your budget and investment goals.

  3. Fund Your Account: After selecting your plan, proceed to fund your account with the required amount to activate it. Once your funding is complete, you can start earning according to the terms of your chosen investment plan.

How To Open An Account?

Customer Support

Expert-Option provides customer support from their base at 17 Abbey Drive, Luton, England, LU2 0LG. For direct assistance, customers can reach out via email at admin@expert-optiontrade.com.

This setup ensures that both potential and current clients have a way to contact Expert-Option for any inquiries or support related to their accounts or the services provided.

Customer Support

Conclusion

Expert-Option is a dynamic trading platform based in the United Kingdom, launched in 2023. Although it is unregulated, the platform offers a diverse array of trading products including cryptocurrencies, forex, stocks, ETFs, options, metals, and futures.

It meets various investor needs through multiple account types ranging from Basic to VIP, each with distinct features aimed at maximizing investment returns in a short duration.

Expert-Option supports its clients through email and is known for its straightforward account opening process, making it accessible to both novice and experienced traders.

FAQs

Question: How can I open an account with Expert-Option?

Answer: You can open an account by clicking the 'Open Account' button on our website and filling out the registration form. The account opening process is fast and can be done from any device.

Question: What types of investment plans does Expert-Option offer?

Answer: We offer several investment plans including Basic, Premium, Gold, and VIP Plans, each with different minimum and maximum investment limits and expected returns.

Question: What trading products can I invest in on Expert-Option?

Answer: You can invest in a wide range of products such as cryptocurrencies, forex, stocks & ETFs, options, metals, and futures.

Question: Is Expert-Option regulated?

Answer: No, Expert-Option is currently unregulated. It operates without formal regulatory oversight.

Question: How can I contact customer support at Expert-Option?

Answer: You can reach our customer support via email at admin@expert-optiontrade.com for any inquiries or assistance needed.

News

EXPERT-OPTIONTRADE IS A RED FLAG

NewsEXPERT-OPTIONTRADE IS A RED FLAG

2024-04-19 12:24

The Financial Conduct Authority (FCA) warned the public regarding EXPERT-OPTIONTRADE. The FCA stated that EXPERT-OPTIONTRADE is not authorized by the authority

WikiFX
2024-04-19 12:24
News
EXPERT-OPTIONTRADE IS A RED FLAG

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