Expert Option Singapore Review
Expert Option Singapore Review 2023
ExpertOption is one of the most popular Digital Options Brokers in Singapore. Get Free Technical analysis, trading signals, a news section, and full training for successful trading. The traders from Singapore can avail of a special 100% Bonus deposit for a limited time while depositing for the first time. Continue reading this Expert Option Singapore Review to learn more about this Online Trading Platform.
Expert Option Review Singapore
Expert Option Singapore an award-winning digital options broker that started in 2014 and is quickly gaining fame. During these feight years of service, it has acquired the position among the options brokers in the market. It is registered at ExpertOption Ltd. – 305, Griffith Corporate Centre, Beachmont, 1510, Kingstown, Saint Vincent, and the Grenadines. Registration Number 22863 IBC 2015. It complies with the Financial Services Authority of St. Vincent and the Grenadines (SVGFSA).
We have reviewed several aspects that can affect your business with Expert Option in Singapore, hence go through the ExpertOption Review Singapore 2023 before you start trading withwith checkhe complete list of Binary / Digital Options brokers in Singapore.
Expert Option Singapore 2023
The Expert Option broker offers a range of unique features to its traders. However, some of the features and benefits are available to higher deposit accounts like Gold and Platinum accounts.
This broker provides five types of trading accounts, depending on the investment amount. Gold and Platinum accounts have a higher payout of up to 95%. The traders must know all the features before choosing the type of trading account they want to open.
Account Types – Expert Option
Micro Account –
ExpertOption Micro Account starts with a deposit of $10. The traders who want to risk a small amount, and want to try the platform usually go for this account. The minimum investment is $1. The trader can always upgrade to a higher status account by depositing more.
Basic Account –
Mini Account requires a minimum deposit of just $50.The client with Mini Account gets a personal account manager. The trader also gets one private trading session to learn the platform. There is a 100% bonus deposit allowed, but we request traders to know the Bonus Terms and conditions.
Silver Account –
ExpertOption Silver Account requires a minimum deposit of $500. The Silver account holders get a personal manager and two private training sessions, and weekly economic analysis. The traders can avail of an 100% bonus if they like. We discourage availing Bonus as it brings in an additional restriction on withdrawal of your fund.
Gold Account –
The Gold Account requires a minimum deposit of $2500. The trader who is really serious about trading invests such a huge amount in digital options trading. The Gold Account traders should have enough knowledge and be well experienced with Options trading. Gold Account holders get a personal account manager, 4 private training sessions, and a bonus of 100%. Fund withdrawals for Gold Account get priority over others are processed with priority.
Platinum Account –
These are the most privileged account with ExpertOption. The VIP account is for professional traders and requires a minimum deposit of $5000. Platinum Account holders get a VIP personal account manager, daily economic analysis, and an individual educational plan. These accounts are eligible for a higher bonus amount of upto 125%, and the traders get priority fund withdrawal processing.
ExpertOption Demo Account – Free and with $10,000 Demo Balance
ExpertOption Singapore provides traders with a Free Demo Account that doesn’t need any funds deposit. In the demo account, traders get $1000 demo money to try, test, and learn the digital options platform before trading real money.
The ExpertOption has bonus terms and conditions, which you can find in the Terms section. The major limitation with the bonuses is that traders need an x50 turnover before requesting fund withdrawal. The traders may cancel the bonus but only before placing any trade after availing the bonus.
The minimum investment amount on ExprtOption platform is $1, which is the lowest. It helps traders to test the Digital Options platform and the trading environment before investing a larger amount of money.
Is Expert Option legal in Singapore?
Yes, Expert Option is legal in Singapore. Expert Option has clearly mentioned the list of prohibited countries on its website, which does not include Singapore. It has its registered office in Saint Vincent & the Grenadines, 1510, Kingstown, Suite 305, Griffith Corporate Centre.
ExpertOption complies with Financial Services Authority St. Vincent and the Grenadines (SVGFSA) regulations. The financial companies regulated by SVGFSA have no restrictions on doing business in Singapore. Hence, the trader may choose to open an account with ExpertOption Singapore.
Expert Option Features
Trading platform – The ExpertOption trading platform has been developed inhouse by the ExpertOption broker. The platform is fast, efficient and full of trader friendly features. This proprietary trading software is easy to use and its customizable interface is appropriate for both new and experienced traders. The online trading platform includes indicators and analysis tools that enable traders to analyze the market for more successful trades.
Educational material – The ExpertOption’s website has enough educational and informative material. These materials can help newbie traders to start trading in a short time. The ‘Education’ section covers trading digital options on indices or currencies and advice and strategy for each type of trade.
Mobile trading platform – ExpertOption offers an efficient Mobile trading platform that executes trades on the go within seconds. The mobile platform is available as an app on Google Playstore or AppStore for Android or iOS devices. The Mobile App is an excellent option for traders who are on the move but want to trade. The mobile App helps busy traders trade while on the move.
Assets – The Expert Option broker offers more than 100 assets including Forex trading pairs, Commodities, Gold & Oil, Stocks, and Indices. The Market Indices are the most popular assets traded by many traders as it includes stocks on the S&P500.
Trading signals and Copy trading – The trading platform trading signals – the asset trend for 1 minute, 2 minutes and 5 minutes and the social sentiment of assets. These information can help traders place relatively more profitable trades. The platform also provides a Copy Trading feature that helps you to follow any of your selected traders.
How to get the Bonus deposit from Expert Option?
The traders can opt for the 100% bonus while depositing for the first time. If you don’t see the Bonus Offer, kindly go to the Demo trading page, while navigating away from the demo trading page you will find the X2 Deposit Option. Take advantage of this if you are planning to take advantage of the bonus deposit.
Can you make money from ExpertOption?
Yes, you can make money with ExpertOption if your trades end as per your prediction. If you predict the price direction correctly, you get up to 95% return on your investment. If your prediction is incorrect you lose the invested amount.
Making money from ExpertOption depends on your ability to analyze the market and predict the price direction correctly. This is the reason only a few percent of traders make money while the majority of the traders lose money.
How trustworthy is ExpertOption in Singapore?
Traders can trust ExperOption as it is one of the most popular online options trading platforms with millions of clients from all over the world. They provide their services to Singapore traders.
ExpertOption Review Singapore 2023
- Best Analytics – Technical analysis, trading signals, news, and much more for successful trading
- Fasted trading platform – Instant opening and closing deals. No lags and slippage
- Copy Expert trader’s deals – Follow experts and copy their successful trades
- The highest payout on the market – Earn up to 95% from each deal
- Full training – Individual training, articles, and video tutorials
- Free Consultation – Personal manager will analyze your trade journal and will help with the trading strategy
ExpertOptions is one of the renowned Digital Options brokers in Singapore. Open a trading account with a $50 deposit or open a Free Demo Account to try without risk.
Conclusion
Expert Option is certainly one of the trusted online trading platforms in Singapore. It accepts several funding and withdrawal methods in Singapore. The trading platform is fast, secure, and available on mobile phones too. Try this online trading platform for free by signing up for a Demo Account. The Demo Account comes with a virtual $10,000, which can be used for trading in a live market condition. This is very useful for beginners and for trying out new trading strategies.
All investment in the financial market comes with associated risks of losing the investment. Options trading too has the potential to lose money too. Hence, never invest money which you can not afford to lose.