How To Buy/Sell On ExpertOption

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How to buy/sell on ExpertOption:

  1. Visit ExpertOption's website.

  2. Click "Real account".

  3. Sign-up.

  4. Select the desired asset.

  5. Set your strike rate and investment amount.

  6. Predict price movement.

This article provides a comprehensive guide on buying and selling on ExpertOption, a prominent broker in the binary options trading sector. By the end, readers will clearly understand the platform's features, costs, and the step-by-step process to start trading.

Available trading instruments on ExpertOption

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Your capital is at risk.

ExpertOption, established in 2014, has become a significant player in the binary options trading market.Traders can expect a mix of assets, from currency pairs to commodities, ensuring a comprehensive trading experience.

Platform & features

  1. Account types. ExpertOption provides various account types tailored to different trading needs. The Silver account stands out with its $500 minimum deposit requirement. This account permits traders to conduct up to 15 trades simultaneously, each capped at $250. One of the Silver account's prime features is priority withdrawal. In total, traders can choose from six real trading accounts and an additional virtual account.

  2. Profitability. The platform promises traders a potential maximum payout of 95% on their trades. This rate is notably higher than many competitors, making it attractive for those looking to maximize returns.

  3. Minimum deposit. With a minimal deposit requirement of only $10, it opens the door for both beginners and those cautious about investing large sums initially.

  4. Educational resources. Traders can access free training materials on the website, ensuring they have the knowledge to make informed decisions.

  5. Platforms. While the exact details of the trading platforms ExpertOption offers aren't specified, it's clear they provide multiple applications to cater to various trading needs. A notable feature is the 'Profile' section, where traders can seamlessly manage their personal details, watch their trading history, and find links to download the broker's diverse applications.

How much does it cost to trade on ExpertOption?

Trading on ExpertOption is cost-effective. Unlike many platforms, ExpertOption does not charge spreads or commissions. Additionally, there are no fees for deposits or withdrawals, ensuring traders retain most of their profits.

How to start trading with ExpertOption?

Setting up an account

  • Web: Visit ExpertOption's website, click "Real account," enter your email, set a password, accept terms, and open an account.

How to buy/sell on ExpertOption

  • Mobile App: Download the app, click "Real account," provide email, set a password, accept terms, and create an account.

How to buy/sell on ExpertOption

Making a deposit

  • Web: Click "Deposit," choose payment method and amount, accept terms, provide payment details, and add funds.

How to buy/sell on ExpertOption

  • Mobile App: Click "Deposit," select the amount and payment method, accept terms, provide payment details, and add funds.

How to buy/sell on ExpertOption

Initiating a trade:

  • Select the desired asset, and set your strike rate and investment amount. Predict price movement: green for increase, red for decrease.

How to buy/sell on ExpertOption

Withdrawing funds:

  • ExpertOption offers quick, commission-free withdrawals. Choose your method, select the amount, provide card details, and request a withdrawal.

How to trade binary options at ExpertOption

  1. Setting up an account. Visit ExpertOption, click "Real account," provide email, set a password, accept terms, and open an account. On the mobile app download, click "Real account," provide email, set password, accept terms, and create an account.

  2. Making a deposit. Click "Deposit," select payment method and amount, accept terms, provide payment details, and add funds. On the mobile app, click "Deposit," choose the amount and payment method, accept terms, provide payment details, and add funds.

  3. Initiating a trade. Choose your asset, and set strike rate and investment. Predict price: green for increase, red for decrease.

  4. Withdrawing funds. Choose the withdrawal method, select the amount, provide card details, and request the withdrawal.

Let's do an example of how to trade on ExpertOption

Your first step is to establish an account. If you're using a computer, head to the ExpertOption website. The homepage prominently features a "Real account" button. Clicking on this will prompt you to provide an email address and create a password. After agreeing to the Terms & Conditions and Privacy Policy, you can finalize the account creation by clicking "Open account." If you prefer mobile trading, the process is just as straightforward.

Simply download the ExpertOption mobile app from your device's app store. Once opened, you'll find a "Real account" option. Like the web version, you must provide an email, set a password, and accept the necessary terms before creating your account.

With your account ready, it's time to fund it. On the website, the "Deposit" button is your next stop. Here, you can select your preferred payment method and decide on the deposit amount. You can add funds to your account after agreeing to any relevant terms and providing your payment details. The mobile app mirrors this process with a "Deposit" option where you can choose your payment method, specify the amount, and finalize the transaction.

ExpertOption's interface is designed for clarity. Start by browsing the available assets, spanning currency pairs to tangible commodities like gold. Once you've chosen an asset, decide your strike rate and the amount you wish to invest. The platform then allows you to predict the asset's price movement. The green button is your go-to if you believe the asset's value will rise. Conversely, if you predict a decrease, the red button is what you'll click.

After trading, should you wish to enjoy your profits, ExpertOption ensures a hassle-free withdrawal process. They pride themselves on offering swift withdrawals without hidden commissions. Simply choose your withdrawal method, specify the amount, provide any necessary card details, and initiate the withdrawal with the "New request" option.

Expert Opinion

I believe this platform offers opportunities for both new and experienced traders, but it's important to properly understand the risks involved in binary options trading. While the high payouts of up to 95% seem appealing, it's easy to lose track of how quickly your capital can disappear if you experience a string of losing trades. I'd recommend starting small with Demo accounts to get familiar with the platform and test different trading strategies without risking real money.

Education is also extremely valuable when first joining any new broker. ExpertOption provides some free educational materials on their website, but I'd also suggest external resources to learn technical analysis skills and money management techniques. How you place your trades matters just as much as which assets you choose.

My other piece of advice would be to start conservatively with lower risk trades rather than chasing big payouts. Focus on larger expiration times rather than headline-driven short-term moves which can be unpredictable. Building a win rate of over 60% is realistic when using discipline.

Andrey Mastykin

Andrey Mastykin

Author, Financial Expert at Traders Union

FAQs

How do I trade on ExpertOption?

Visit ExpertOption's website or app, set up an account, deposit funds, select an asset, predict its price movement, and initiate your trade.

Is ExpertOption real or fake?

ExpertOption is a real broker.

Can you really make money with ExpertOption?

Yes, you can earn money by trading on ExpertOption.

How much do I need to start trading with ExpertOption?

A minimum deposit of $10 is required to start trading on ExpertOption.

Team that worked on the article

Alamin Morshed
Contributor

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).