ExpertOption Mobile App Review: Features And Functionality
To install the ExpertOption mobile app:
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1
Go to App Store/Google Play.
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2
Search for "ExpertOption - Mobile Trading".
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3
Download and install the application.
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4
Open the app to access the trading platform.
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5
Enter your email address, set a password.
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6
Check your email for a confirmation link.
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7
Activate your account.
ExpertOption app checklist
IQCent | Deriv | ExpertOption | |
---|---|---|---|
Mobile App Rating |
N/A |
N/A |
4.3/5 |
User-friendliness |
Good |
Good |
Good |
Updates |
Yes |
Yes |
Yes |
Biometric and two-factor authentication |
No |
Yes |
N/A |
In today's digital age, trading platforms have evolved to offer mobile applications, providing users with the flexibility to trade on the go. One such platform is ExpertOption, a popular binary trading platform with a dedicated mobile application for both iOS and Android devices. This review delves into the step-by-step process of downloading and setting up the app, its main and additional features, and the pros and cons of using the ExpertOption mobile app.
How to download and set up ExpertOption app
Here’s how to download and set up Expert Option broker app:
For iOS devices
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Navigate to the App Store.
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Search for "ExpertOption - Mobile Trading."
For iOS Devices
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Download and install the app.
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Open the app to access the trading platform.
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New users can utilize a $10,000 demo account for practice.
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To open a real account, provide an email address, set a password, accept terms, and register.
ExpertOption - Mobile App
Check your email for a confirmation link and activate your account.
For Android devices
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Go to the Google Play store.
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Search for "ExpertOption - Mobile Trading".
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Download and install the app.
For Android Devices
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Launch the app to access the trading platform.
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New users have access to a $10,000 demo account.
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To open a real account, provide an email, set a password, accept the terms, and register.
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Access your email for a confirmation link and activate your account.
Main features of ExpertOption mobile app
ExpertOption positions itself as a balanced choice for traders. The platform offers various account options, including six real trading accounts and a virtual account for those looking to practice without financial commitments. One of its standout features is the potential for substantial profit, with traders having the opportunity to earn up to 95% of their investment. A low entry barrier complements this lucrative prospect, as a mere deposit of $10 allows traders to dive into the trading world. With a vast user base of over 30 million account holders globally, ExpertOption's popularity is undeniable.
The platform ensures accessibility through its web terminal and a dedicated mobile application, catering to traders' varied preferences. While its primary trading feature revolves around binary options , the Micro account option, requiring just a $10 deposit, allows traders to open up to ten trades simultaneously, making it an attractive choice for those keen on maximizing opportunities. However, ExpertOption doesn't offer its traders a binary option no-deposit bonus.
Additional features of ExpertOption App
Basic account
The ExpertOption mobile app offers a Basic Account option tailored for traders who are just starting or prefer a minimalistic approach. To activate this account, a modest deposit of $50 is required. This makes it an attractive choice for those who are hesitant to invest large sums initially and wish to test the waters first.
Accessibility
One of the standout features of ExpertOption is its highly intuitive platform. Designed with user-friendliness in mind, it ensures that traders, regardless of their tech-savviness, can navigate with ease. Moreover, the platform is accessible from any device with an internet connection, ensuring traders can make decisions on the go.
Languages
Recognizing the global nature of trading, ExpertOption has gone the extra mile to cater to a diverse audience. The platform supports 15 major international languages, making it easier for traders from various linguistic backgrounds to engage without language barriers.
Registration
For newcomers, registering on a trading platform can be daunting. ExpertOption simplifies this with a streamlined registration procedure. This user-centric approach ensures that new traders can get started without unnecessary complications.
Support
ExpertOption understands the importance of timely assistance in the trading world. Therefore, they offer 24/7 customer support. Whether it's a technical glitch or a query about trading, their team is always ready to assist traders, ensuring a smooth trading experience.
Security
While ExpertOption offers a plethora of features, traders should exercise caution when it comes to security. The platform does not provide explicit information regarding its licensing or regulatory affiliations. As such, potential users are advised to verify the broker's credibility and ensure their investments are secure.
Pros and cons of ExpertOption mobile app
Advantages:
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User-friendly. Intuitive platform suitable for all experience levels.
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Variety of accounts. Multiple account types catering to diverse traders.
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Affordable entry. Accessible trading with a minimum deposit of $10.
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High potential profit. Up to 95% profit potential.
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Extensive asset range. Over 100 assets available.
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Large user base. Over 30 million users, indicating trustworthiness.
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Transparency. Many users appreciate the platform's transparency.
Disadvantages:
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Account discrepancies. Some users report unexplained balance issues.
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Support concerns. Occasional challenges with the support team.
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Lack of regulatory information. Absence of explicit licensing details.
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Mixed user reviews. Varied experiences indicate the platform may not be for everyone.
Expert Opinion
As trading on mobile becomes more prevalent, a well-designed app can provide many benefits to traders. However, it's important to keep risks in mind.
The ExpertOption app seems well-suited to new traders. Its simple interface makes the platform easy to use on a phone. The low $10 minimum deposit also allows users to test the waters without much financial commitment upfront.
That said, mobility has its downsides. It can be all too easy to make impulsive trades without doing full due diligence when you have the app always at your fingertips. Emotions also tend to run higher on a small screen compared to trading at a proper desk.
My advice would be to use the app judiciously at first. Start with demo accounts to get comfortable with how binaries work before putting real money on the line. Consider limiting your use to certain times of the day, such as research sessions away from home. Treat every trade seriously and take profits early rather than chasing losses.
Author at Traders Union
FAQs
Is ExpertOption mobile trading real or fake?
ExpertOption mobile trading is real and completely legit.
Is ExpertOption app legit?
Yes, the ExpertOption app is legit.
How much is the minimum deposit for the ExpertOption app?
The minimum deposit for the ExpertOption app is $10.
How do I use ExpertOption mobile trading app?
Simply download, log in to your account, and start trading.
Team that worked on the article
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 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 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).