Expert Optioner is brokerage presumably based in the US, although they refute the claims of been registered or providing services in the US. Below is a review of Expert Optioner Forex trading platform. This review aims to explore the trading platform, listing out aspects like licensing, its leverages, account types, and its withdrawal and deposit methods. It also aims to fact check claims that have been made by Expert Optioner Forex trading platform to determine whether if it is safe enough to trade with or if it is just one gigantic scam.
Table of Contents
Expert Optioner Trading Platform
Expertoptioner.com is a web-based terminal that does not support the MetaTrader 4 trading platform. It offers Forex and CFDs, Currencies, Shares, Commodities, and Indexes. They claim that it Expertise is Analysis, Marketing, Finance and Support.
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On opening expertsoptioner.com we were disturbed about the seeming lack of necessary factual information
Expert Optioner Account types
Expert Optioner has four account types, they are the Mini Account, Silver Account, Gold Account, and Platinum Account.
MINI ACCOUNT
This has a minimum deposit of $250.
SILVER ACCOUNT
This has a minimum deposit of $1000
GOLD ACCOUNT
This has a minimum deposit of $5000
PLATINUM ACCOUNT
This has a minimum deposit of $10500
All accounts give full access to its 24/7 support, all instrument types: High/low, Boundary, One Touch, and Short Term. And also Full access to the ExpertOptioner education center.
ExpertOptioner Withdrawal and Deposit Methods
ExpertOptioner claims to support these methods for depositing. Moneygram, Westernunion, Paypal, Skrill, Bitcoin.
They claim that you can easily withdraw funds from Expertoptioner Trading via requesting withdrawal on the screen within the application. However, all withdrawals are blocked until you have completed the Account Verification process.
They say they do not charge any fees for deposits or withdrawals.
Is Expert Optioner Licensed?
Expertoptioner claims to be owned by a US-based company, however, they do not go ahead to give any further corporate information to identify the company. They also do not list any regulatory body that they are registered under, the lack of any information of substance immediately renders the website basically anonymous and raises a serious red flag in our minds. Setting this fact aside—brokerages based in the US are operating on the territory that is regulated by of the National Futures Association and is subject to strict rules such as a 20 million capital requirement. When we performed a search through the online registry of the NFA, we could not find the company’s name listed among the licensees of the American financial watchdog. This leads us to conclude that Expert Optioner is operating outside the law.
No Expert Optioner is not licenced
Conclusion
In fact-checking this broker, we found that many of its claims it made were either false or unverifiable. We can’t confirm their location, there is a lack of transparency in depositing funds and even a foggier and non-explained process of withdrawing.
We don’t advise you to invest with this broker, any attempts to do so will certainly lead to loss of your funds.
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