Expert Option Minimum Deposit And Payment Methods Tutorial
- Broker
- Deposit
- Withdrawal
- Fees
Minimum deposit | $10 |
Payment methods | Banktransfer, Credit card, E-Wallets, Crypto |
Deposit fees | $0 |
Expert Option is one of the most notable binary options brokers in the industry today. They provide the best facility to the traders of Binary Options. This article discusses Expert Option minimum deposit & payment methods in detail.
All facts about the deposit on Expert Option:
Here is an overview of all the deposit facts:
Deposit rating: | (4.7 / 5) |
Minimum deposit: | $ 50 |
Maximum deposit: | No |
Deposit fees: | No |
Regulated payment methods: | Yes |
Deposit duration: | Funds can be credited from 5-20 minutes. In some cases, it may take a little bit more time (depending on the payment method) |
Credit Card deposits: | VISA or Master Card |
Cryptocurrency deposits: | Bitcoins, Litecoin, Ethereum, etc. |
Bank transfer deposits: | Yes, local bank transfers and international bank transfers |
No deposit bonus: | $ 25 |
Deposit bonus: | Up to 100 % Welcome Deposit Bonus |
(Risk warning: Your capital can be at risk)
Step-by-step tutorial for depositing on Expert Option:
Expert Option provides you with several channels to deposit your money in their binary options trading account. Without any restriction, you will be able to deposit money from any part of the world. These channels are safe and have amazing transaction efficiency. You can deposit money through cryptocurrencies, bank transfers, debit or credit cards, and electronic wallets. Other payment modes are also available, but these four are the most widely used.
Often you can make your payment via a third party. However, Expert Option has come up with transaction modes embedded in their system that enables you to make direct payments without the requirement of a third party. Third-party financial service providers might have additional charges.
Transaction modes differ from one platform to the other, and you must know how each one of these functions works.
Step 1 – Click on the deposit button on the trading platform
Click on the blue “Deposit” button in the top right-hand corner of your trading dashboard when you are logged in. A menu will open.
Step 2 – Choose the payment method
Next, please choose a method for putting funds into the account (the platform offers many convenient ways available to the client and displayed in his account).
Step 3 – Enter the deposit amount
Enter the deposit amount. There are many options to choose from. Just click the button you prefer and then “continue” to confirm.
Step 4 – Complete the deposit
Now you need to transfer your funds and complete the deposit. You must fill in the spaces and enter the necessary details from your card, such as card number, expiration date, secure or CVV code, and cardholder name. You will receive a deposit confirmation afterward. Start trading!
(Risk warning: Your capital can be at risk)
Expert Option minimum deposit explained
On the trading platform, Expert Option functions through several account levels. A single live account won’t serve the purpose. The minimum deposit amount is determined by the type of account level you select when you sign up. Your profits, too, depend on these account types.
An approximate minimum deposit amount versus the account level you decide to start with is as follows:
- The Micro account requires only 10$. This type of account requires the least of the minimum deposit amounts.
- A Basic account deposit amount is $50. It is the second-lowest of the minimum deposit options.
- Silver account has a minimum deposit amount of $500. It lies in the moderate range. A maximum number of clients go for this as it offers free consultation as well.
- A Gold account requires $2500 as the minimum deposit amount.
- A Platinum account is a premium one with $5000 as the minimum deposit amount.
- An Exclusive account has an even higher minimum deposit amount, and you can get it through invitations only.
Expert Option deposit methods:
1. Debit and Credit Card
Payments via debit or credit cards are very efficient, and your account reflects the amount almost immediately once the money gets successfully transferred. Card payments are completed instantly. In case money gets deducted without getting credited to the Expert Option trading account, it will return to your card within a span of 24 hours, and you can retry the payment. Ensure a smooth internet connection and sufficient card balance prior to making the transaction.
Maestro, Visa Electron, MasterCard, Visa, and American Express are a few excellent card service providers. Expert Option has been working with them for a long time to provide clients with the best card payment experience. These service providers are easy to work with and resolve your concerns on high priority.
You might have to bear a small additional charge for the transaction. The charges vary from one service provided to the other and the amount of money you choose to deposit. The deducted amount solely belongs to the service provider. Expert Option has nothing to do with it.
2. Electronic Wallets
Electronic wallets are popular due to specific reasons. Some common Electronic Wallet platforms used in Expert Option are Skrill, Neteller, Yandex, UnionPay, Fasa Pay, QIWI, and Perfect Money.
They are fast and easy to use. A simple login followed by a click is enough to complete the transfer. Once Expert Option has received your money, your trading account will reflect it. This transaction mode is fast and hassle-free.
Electronic Wallets transaction does not require service providers like a bank or card transfer; they enable you to use Electronic Wallets conveniently. You do not have any rigid requirements. They provide almost free or very low-cost services. The Electronic Wallet platforms mentioned do not work in all countries. Expert options are looking forward to partnering with more Electronic Wallet space.
Countries that cannot avail of Electronic Wallets or card payments use bank transfer methods for expert option deposits.
(Risk warning: Your capital can be at risk)
3. Bank/Wire Transfers
They are the oldest payment methods. They are often slow and inefficient. They have failed to innovate and evolve with the growing technology. Despite their low transaction speed, you can trust this mode as they are still the most secure mode of payment. Bank transfers may take up to a few days to complete.
They are inexpensive. They charge only a nominal fee for the transfer. It can take up to a week or ten days to reflect in the Expert Option trading account.
4. Cryptocurrencies
It is a very new trending deposit method. Cryptocurrencies are digital currencies. There are no charges involved in this process, and you can withdraw them as well. Cryptocurrencies include Bitcoins, Litecoin, Ethereum, etc. It is a time-consuming process and can take up to a few hours for the money to reflect in your trading account.
(Risk warning: Your capital can be at risk)
Expert Option helps you trade smartly
You can see the assets of other traders who are:
- Trading.
- The profits they are making.
- The market predictions with which they are making their next move.
It is a social trading platform. A trading account is the first step to starting trading with Expert Option. A broker sets up your account and provides you with the login details. Usually, the account needs a minimum deposit to open.
You can also use a demo account where no initial investment is required, and you cannot withdraw the profits earned. It is suggested that you start with small capital. On reading this article, you will get an idea about the Expert Option minimum deposit and payment methods so that you can invest, trade, and make successful transactions when desired.
Withdrawing profits is essential. You will enjoy the fruits of trading, and this article will also suggest ways to withdraw profits.
(Risk warning: Your capital can be at risk)
The Expert Option deposit bonus explained
Like some other binary options brokers, Expert Option offers a deposit bonus and a no-deposit bonus. This is a great way to increase the balance in your trading account. Once a bonus has been activated, you will be able to trade with more risk and more money. Therefore, a bonus always comes with special conditions. Bonuses are like gifts, but you must spend a certain amount first before the withdrawal.
Problems you may encounter with your deposit on Expert Option
Deposits at Expert Option usually work without any problems. If you encounter any difficulties, you can contact customer support. It may help to use a different payment method.
Conclusion: You can start with a small minimum deposit of $10
“Expert Option” is an excellent trading platform for beginners as well as experts. They provide excellent transparency with the best social trading experience. Now that you have come across the Expert Option minimum deposit & payment methods, you can choose your deposit and withdrawal mode with more expertise. In case a technical glitch arises, you can ask for help from the Expert option portal.
The initial deposit has to do a lot with the service you get and the profits you make while trading. Once profits are completed, you cannot keep them in the account for a long time. Make sure you withdraw your profits and use them to reinvest to increase your deposit value.
(Risk warning: Your capital can be at risk)
Frequently asked questions:
What is the minimum deposit amount for the Expert Option?
$50 is the minimum deposit amount for Expert Option.
Is Expert Option a legal company?
Yes, Expert Option is legal and has rigid regulations for clients to trade freely.
Did anyone face any problems with this application?
As part of the platform’s enhanced data security, it employs cryptographic algorithms to encrypt client data and VBV and MasterCard verification standards for compliance. Expert Option is fully regulated and licensed by the VFSC.
Are there any deposit fees for Expert Option?
No, there are no deposit fees at Expert Option! However, you should note the minimum deposit amount.
(Risk warning: Your capital can be at risk)