Founded in 2015, Expert Option is a binary options broker that is based in St Vincent and the Grenadines. This new broker promises risk free trading. They have been launched recently, but we have no idea about the company that owns them. Even on the About Us section of their website, they have not mentioned the name of the owning company or where they are located. In an attempt to find out further details about Expert Option, we conducted a massive research about them. This expert option scam review highlights our findings and the things that we have learned about this new player in the binary options industry.

Is Expert Option a Scam?

The chance of Expert Option being a scam is very high. If Expert Option was a trustworthy broker, there would be information about them on the World Wide Web. The broker has a low Google ranking and information about them and their owners cannot be found. Their website has been designed extremely well and this is perhaps their only plus point. There are no testimonials or bank account statements claiming that traders have earned outrageous profits on their platform. But the fact that the broker is not regulated creates some doubts. It is not always that an unregulated broker is a scam, but in this case, they appear to be bogus.

More Details on Expert Options You Can Read Here

Expert Option Trading Review

We came across many reviews on the internet that suggest that Expert Option is not a good broker. Traders have had really bad experiences as a result of using this broker. One of the common complaints that we found in those reviews is that the payout is extremely low. On their official website, they have mentioned that traders can achieve high payouts for successful execution of trades. but the truth is that the payouts don’t meet the expectations of traders.

If you choose expert option as your trading partner, you will be making a bad decision because this broker isn’t serious about the needs of their clients. It appears that they are more into stealing their clients’ hard earned investment capital.

In our expert option trading review, we can confirm that this broker is not a legitimate choice for traders. there are many complaints about them and they definitely don’t offer the kind of trading experience that online investors would expect.

Expert Option Withdrawal

Another thing about Expert Option that is extremely disturbing is that traders find it hard to get their earnings transferred. The Expert Option withdrawal process is complicated and it appears that this broker takes every step possible to ensure that traders don’t get access to their earnings.

A trustworthy broker will go the extra length to make sure that traders have a safe and secure experience on their platform. They will make sure that the withdrawal process is smooth, fast, convenient and hassle free. Usually, good brokers process withdrawal within 3 days and funds reflect in the accounts of traders within another 5-7 days. But with Expert Option, traders are having a difficult time when it comes to requesting withdrawals.

Since the majority of the traders are faced with the same difficulty, it can be said that Expert Option is deliberating making the process complicated so traders cannot transfer their funds. In some cases, they lock trading accounts whereby traders cannot even submit a request for withdrawal.

The Bottom Line

To conclude our Expert Option scam review, we can confirm that this broker is not a safe and legitimate choice for traders. There are many complaints about them and since traders are also having problems with withdrawals, it is imperative to stay away from this broker.

Your investment funds will be much safer if you choose a reliable and regulated broker. Going with a broker like Expert Option would mean risking your funds as well as your personal information.

Conclusion

After our expert investigation we independently tested all the services and features that Expert Option offers to its traders. We have given you the most important information about Expert Option and the general conclusion is that there are definitely more reputed brokers than this one with higher overall score.

We cannot confirm you that Expert Option is a scam, but neither can we guarantee you its safety nor legitimacy.

We are making continuous research to find out the most legitimate and trustworthy Binary Options Brokers – all approved to be safe and reliable. We recommend you to Proceed to Safety or to Choose a High-Rated Broker on Top10BinarySignals.com

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Or Select Another Broker From Our List

After our expert investigation we independently tested all the services and features that Expert Option offers to its traders. We have given you the most important information about Expert Option and the general conclusion is that there are definitely more reputed brokers than this one with higher overall score.

We cannot confirm that Expert Option is a scam, but neither can we guarantee its safety nor legitimacy.

We are making continuous research to find out the most legitimate and trustworthy Binary Options Brokers – all approved to be safe and reliable. We recommend you to Proceed to Safety or to Choose a High-Rated Broker on Top10BinarySignals.com

Trust_logos_top10_BSIG_1_new

OR

Choose Top Safe Broker