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About WikiFX


    2-5 years
    Suspicious Regulatory License
    Non MT4/5 Software
    Suspicious Scope of Business




    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

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    No valid regulatory information
    Please be aware of the risk!


    • Company Name:

      ExpertOption Ltd.
    • Company Abbreviation:

    • Place of registration:

      ExpertOptionSaint Vincent and the Grenadines
    • Regulatory Status:

      No Regulatory
    • Customer Service Email Address:

    • Customer Service Phone Number:

      +44 20 3868 3160
    • Company summary

      BasicInformation&RegulationofExpertOptionExpertOptionhasbeenworkingtocreateanonlinetradingindustrythatmakesmarketsaccessibletoeveryoneforfinancialtrading.2020wasabanneryearforExpertOption,whichbecameoneofthetop3mostdownloadedfinancialprogramsonGooglePlayworldwidewithitssocialtradingfeatures.ExpertOptionisnotcurrentlyregulatedinanyway.SafetyAnalysisofExpertOptionTheprimarymeasureofafinancialinstitution'ssecurityiswhetheritisformallyregulated.ExpertOptionisanunregulatedbroker,whichmeansthatthesafetyofclients'fundsandtradingactivitiesarenoteffectivelyprotected.InvestorsshouldprimarilystayawayfromthisExpertOptionbrokeragefirm.MarketInstrumentsExpertOptionoffersover100assetsforinvestment,includingcrudeoil,gold,andpopularstockssuchasApple,Facebook,andMcDonald's.AccountTypesofExpertOptionTomeetdifferentinvestors'investmentneedsandtradingexperience,ExpertOptionofferssixdifferenttypesoftradingaccounts:Micro(minimumdepositof฿335),Basic(minimumdepositof฿1999),Silver(minimumdepositof฿19,999),Gold(minimumdepositof฿9,999),andExclusive(invitationonly).TradingcommissionsofExpertOptionExpertOptionclaimsthatitdoesnotchargeanycommissionsforinvestors'trades,suchcommissionsarechargedbypaymentsystemsorliquidityproviders,andthatExpertOption'sincomesourcecomesfromrebatesfromtheliquidityprovidersitworkswith,basedonthevolumetraded.TradingPlatformsAvailableofExpertOptionExpertOptionprovidestraderswithanon-MT4/MT5tradingplatformbutwithitsin-housetradingplatform.Thistradingplatformconsistsof4charts,8indicators,trendlines,andover100assetstradableonthistradingplatform,includingpopularstockssuchasApple,Facebook,andMcDonald's.TraderscandownloadthistradingtoolfromtheAppStoreandGooglePlay.DepositandWithdrawalofExpertOptionWithaminimumdepositof$1andaminimumwithdrawalof$10forasingletrade,ExpertOptionhaspartneredwithover20paymentproviderstoprovidetraderswithaconvenientandefficientdeposit/withdrawalexperience,Skrill,WebMoney,QIWIWallet,Yandex,etc.Pros&ConsofExpertOptionThemainadvantagesofExpertOptionare:1.SixAccountTypesAvailable2.ZeroCommissions3.MultipleDeposit&WithdrawalOptions4.Real-TimeCustomerSupport5.Free&RichTeachingResources.ThemaindisadvantagesofExpertOptionare:1.NoRegulation2.Non-MT4/MT5TradingPlatform About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: Low score, please stay away!

    Previous Detection: 2021.09.21 Risk: 2 Item

    • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
    • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!

    WikiFX Verification

    • Exhibition Area

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    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

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    Last Updated Time 2021-09

    User Reviews


    ExpertOption · MT4/5

    Identification Result

      ExpertOption · Website

      Most visited countries/areas

          No content

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          Load failure

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          ExpertOption· Genealogy

          ExpertOption · Clones

          ExpertOption · Market Analysis

          The data are from WIKI Research    2021.09.21 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          ExpertOption · Survey×




          Alternate Text

          Data Sources WikiResearch 2021.09.21 Update


          Data Sources WikiResearch 2021.09.21 Update

          ExpertOption · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by WikiFX Data

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.09.21 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          * Contact number
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          ExpertOption · Company summary

            Basic Information & Regulation of ExpertOption

            ExpertOption has been working to create an online trading industry that makes markets accessible to everyone for financial trading. 2020 was a banner year for ExpertOption, which became one of the top 3 most downloaded financial programs on Google Play worldwide with its social trading features. ExpertOption is not currently regulated in any way.

            Safety Analysis of ExpertOption

            The primary measure of a financial institution's security is whether it is formally regulated. ExpertOption is an unregulated broker, which means that the safety of clients' funds and trading activities are not effectively protected. Investors should primarily stay away from this ExpertOption brokerage firm.

            Market Instruments

            ExpertOption offers over 100 assets for investment, including crude oil, gold, and popular stocks such as Apple, Facebook, and McDonald's.

            Account Types of ExpertOption

            To meet different in vestors' investment needs and trading experience, ExpertOption offers six different types of trading accounts: Micro (minimum deposit of ฿335), Basic (minimum deposit of ฿1999), Silver (minimum deposit of ฿19,999), Gold (minimum deposit of ฿9,999 ), and Exclusive (invitation only).

            Trading commissions of ExpertOption

            ExpertOption claims that it does not charge any commissions for investors' trades, such commissions are charged by payment systems or liquidity providers, and that ExpertOption's income source comes from rebates from the liquidity providers it works with, based on the volume traded.

            Trading Platforms Available of ExpertOption

            ExpertOption provides traders with a non-MT4/MT5 trading platform but with its in-house trading platform. This trading platform consists of 4 charts, 8 indicators, trend lines, and over 100 assets tradable on this trading platform, including popular stocks such as Apple, Facebook, and McDonald's. Traders can download this trading tool from the App Store and Google Play.

            Deposit and Withdrawal of ExpertOption

            With a minimum deposit of $1 and a minimum withdrawal of $10 for a single trade, ExpertOption has partnered with over 20 payment providers to provide traders with a convenient and efficient deposit/withdrawal experience, Skrill, WebMoney, QIWI Wallet, Yandex, etc.

            Pros & Cons of ExpertOption

            The main advantages of ExpertOption are:

            1. Six Account Types Available

            2. Zero Commissions

            3. Multiple Deposit & Withdrawal Options

            4. Real-Time Customer Support

            5. Free & Rich Teaching Resources.

            The main disadvantages of ExpertOption are:

            1. No Regulation

            2. Non-MT4/MT5 Trading Platform

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.