ExpertOption Philippines Review 2020
ExpertOption Philippines is a leading Digital Options broker serving since 2014. Their trading platform is available in more than 150 countries, including the Philippines. Expert Option Philippines boasts of having more than 30 million registered traders and increasing every day. The Platform offers more than 100+ assets for trading. The clients can trade Digital Options involving Commodities, Forex, Cryptocurrencies, and Stocks. The mobile version of the trading platform is available for iOS and Android devices apart from Mac & Windows version. The trading platform is also available through web browsers, making trading accessible through a variety of means for added convenience. Check our Binary Options Philippines broker’s review page for more Binary Option brokers in the Philippines.
ExpertOption Key Features
Company Name: ExpertOption Limited
Location: Saint Vincent & the Grenadines
Address: Griffith Corporate Centre, 1510, Kingstown, Suite 305, Saint Vincent & the Grenadines
Founded in: 2014
Regulation: Financial Services Authority St. Vincent and the Grenadines (SVGFSA)
Demo Account: Yes, Free $10,000 Demo
Minimum Deposit: $10
Bonuses: 100% First Deposit Bonus.
ExpertOption Platform Features
Before you choose ExpertOption Philippines for trading, it’s wise to research the features available with them. These features can be the deciding factor. Many platforms don’t offer the variety and depth of features that ExpertOption offers. Here are a few of the significant features;
Free Demo Trading Account with $10,000: The traders from the Philippines can open a risk-free demo account with a free $10,000 demo money. The Demo Account comes with just one click and without registration. Trading in Demo Account is identical to a real account and is the perfect way to learn without risk. The traders can also use a demo account while implementing new trading strategies in a risk-free environment.
Regulation of ExpertOption: ExpertOption is a licensed entity complying with SVGFSA, a governmental financial authority that allows the company to provide financial and trading services worldwide. However, ExpertOption doesn’t accept U.S. citizens and traders from a few other restricted countries.
Extensive Educational Materials: In addition to the free $10,000 demo account, ExpertOption also provides a whole host of vital educational materials covering the analysis of key trading tools, indicators, and signals to in-depth video tutorials.
Social Trading Feature: This feature allows traders to monitor the deals of top traders and copy their trades to maximize profits.
24/7 Customer Support: The company offers support services 24/7, meaning you’ll always be able to reach them for your queries. The live chat supports a wide range of languages, including the Tagalog. You can also avail of the email ticketing system, contact form, and phone support.
ExpertOption Account Types
With ExpertOption Philippines, the traders can open a real trading account for as little as $10 deposit, this $10 account is known as a Micro Account. There are six types of trading accounts, each providing their benefits from increased profit percentages to priority withdrawal. When the trader deposit more, their account status gets upgraded automatically. The Exclusive account type is the most prestigious one and reserved for VIP traders and is available by invite only.
Funds Deposit and Withdrawal with ExpertOption in the Philippines
Funds deposits to ExpertOption Philippines account can be made using any of the 20+ payment systems that are available on the platform, some of the supported payment types include;
● Visa ● MasterCard ● Maestro ● Wire Transfer ● M-Pesa ● UnionPay ● Skrill ● Neteller ● OrangePay ● ePayments ● Perfect money ● WebMoney ● Cryptocurrencies such as Bitcoin, Ethereum and many more. Funds withdrawals on ExpertOption get processed as fast as possible, on an average request are processed within two full business days.
ExpertOption Philippines offers a 100% bonus for all first deposits from Philippines. This is useful as it essentially doubles the new traders’ money before they’ve even started! The traders may avail 100% bonus deposits by depositing $30 or more, and traders will have one hour after creating their real account to take advantage of these bonus.
Placing a trade with ExpertOption Philippines
The ExpertOption platform is a custom-built Digital Options platform with real-time price data to help traders trade in a transparent environment. The trading platform includes four chart types, eight indicators, and multiple trend lines.
Before beginning, traders should first determine the asset they would like trade with, the time period, which ranges from 1-5 minutes. Now, it is time to choose an investment amount and predict if the price will go UP or DOWN.
Before making your prediction, ExpertOption provides strike rates, which provides traders with the ability to manage the level of risk – higher risk means higher rewards while lowering the risk involves smaller earnings but less risk of loss. A deal that doesn’t look promising can be canceled at any time, which allows traders to recover a portion of their investment in what would otherwise have been a loss.
Is ExpertOption legal in Philippines?
Yes, ExpertOption is a legitimate digital options trading platform, and it is legal in Philippines. The traders from the Philippines can trust ExpertOption for Binary and Digital Options trading. ExpertOption clearly mentions the list of countries they don’t do business with, and Philippines is not on that list.
You can trust ExpertOption for your trading requirements and rest assure to trade in a transparent trading environment.
Expert Option Philippines – The Verdict
If you are looking for a trustworthy online trading platform with higher payouts and which is safe to do business in Philippines, then Expert Option is the right choice.
- Get a Free Demo Account with $10,000 demo money
- Minimum deposit starts at $10 for a Micro Account
- Higher payout of up to 95%
- Feature-rich trading platform – fast and userfriendly
- Trade on the go with ExpertOption’s iOS and Android trading Apps