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4.8 / 5
Rating of the Binaryoptions.com team
(Risk warning: Trading involves risk)

Expert Option withdrawal: How to withdraw money

Minimum withdrawal
Payment methods Wire Transfer, Credit Cards, E-Wallet, Crypto
Withdrawal fees $0

Expert Option is an online trading network. It offers various financial assets to trade like forex, cryptocurrencies, stocks, etc. Online trading means buying and selling stocks, shares, bonds, or other financial profits on an online platform or network.  

Expert Option is situated in Port Vila, Vanuatu, and is one of the fastest trading networks and is available 24/7. Expert Option has grown at an excellent rate in the past few years. It is best for market analysis, and it has a very convenient user experience. 

Expert Option came live in 2014 and is one of the most reliable and trustworthy platforms out there. This platform has more than 55 million users and various tools for investment and trading.   

It offers a low minimum deposit and high maximum returns. Expert Option has around 100 account managers. It is straightforward and convenient to use and is accessible through both a PC and a mobile device.

Expert Option is available in India, UAE, Kuwait, Saudi Arabia, Qatar, Thailand, Hong Kong, South Africa, and other countries. However, it is not available in some countries like Australia, the USA, Yemen, New Zealand, Puerto Rico, Bangladesh, Canada, Israel, North Korea, Sudan, Switzerland.

How to Set Up a Real Account on Expert Option

To start trading and withdrawing funds, you need to have a real account on Expert Option. To set up your real account, you can choose to register from Facebook, Google, or Gmail. You can access it from either mobile or desktop devices. Expert Option is available to all android, IOS, and Windows users. Steps to set up a real account on Expert Option:

  1. There are two options on the main screen, “Login” and “Real Account.” Click on the option “Real Account.”
  2. If you want to register from your email, fill out the email and password.
  3. Next, click on the box next to “I accept terms and conditions” if you agree with all the terms and conditions given by Expert Option. 
  4. Click on “Open Account.”

If you want to open your real account by using your “Facebook” or “Google” account, you can simply click on either of the options given on the screen. After you have created your password and have successfully logged in, you will have to activate the account by going to the email you entered and click on the confirmation link sent by Expert Option. Once you have successfully registered to Expert Option, you can start making your money deposits and begin your trading.

Demo Account

However, if you aren’t confident about starting real trading, you can open a demo account. Just click on the “Try Free Demo” option, and you are good to go. You don’t need any registration to open a demo account. You can practice trading by demo account for free. 

You get $10,000 virtual funds to practice. You can sharpen your trading skills free and can easily step into real trading when you are ready. You get all the features in the demo account as in the real account.

You can open accounts on both Android and IOS devices.

Assets to Trade on Expert Option

Expert Option has various assets that you can trade like stocks, cryptocurrency, commodities, etc.

  • Stocks

Expert Option offers many stocks to trade like Google, Apple, Facebook, Netflix, and many more.

  • Cryptocurrency

They allow you to trade plenty of cryptocurrencies like Bitcoin, Dash, Zcash, etc.

  • Commodity

The commodities that you can trade on Expert Option are Gold and Silver.

Account Types on Expert Option

Expert Option offers various accounts to its users, such as Micro, Basic, Silver, Gold, Platinum, and Exclusive accounts. 

  • Micro

The micro account has a minimum deposit of $10. The complete trade-in micro account is only $10. You are allowed 10 trades at a time. With a micro account, you can access educational materials.

  • Basic

The minimum deposit needed in a basic account is $50, and the maximum trade is $25. Like in the micro account, you can do 10 trades in basic accounts as well. You also get access to educational materials.

  • Silver

In the silver account, you are required to deposit a minimum of $500. The Maximum trade limit in this account is $250. You are allowed up to 15 trades in the silver account. You get access to daily market reviews and financial research along with educational material.

  • Gold

The minimum deposit needed for a gold account is $2,500 and has a minimum deal limit of $1,000. You are allowed to make 30 trades in the gold account. There is also a profitability ratio of 2%. This account has some additional perks; they get priority withdrawal processing. 

  • Platinum

In the platinum account, the initial deposit required is $5,000. You will get a 4% profit increase in this account, and it has no limitations on the number of trades. 

  • Exclusive

In order to have this account, you need to be invited. It is not available to everyone. You can get up to a maximum deal of $5,000 and an increased profitability ratio of 6%. 

How to Withdraw Funds from Expert Option?

It is quite easy to withdraw funds from Expert Option once you set up your real account. However, once you have earned a satisfactory profit, you will want to withdraw that amount. The steps to withdraw money from Expert Option are very simple and easy to follow:

  1. Log into the Expert Option platform and click on the upper corner menu on the left.
  2. Click on the finances option.
  3. A withdrawal option can be seen in the lower corner on the right.
  4. Select the Withdrawal option.
  5. Choose the amount you want to withdraw from the account.
  6. Choose a convenient payment method for the withdrawal.
  7. Once all the information is filled in, click on the ‘New Request’ option.
  8. And you are done! Your money is being processed.

You will receive a confirmation email from Expert Option after allocating your withdrawal request. You will receive another email when the money has been processed and sent to your account.

Withdrawal Methods

Expert Option has various withdrawal methods. Traders can choose from multiple withdrawal methods according to their convenience. All the payment options are completely safe and secure to use. Expert Option has around 20 payment options to choose from. You can withdraw your profits from VISA, MasterCard, PayTM, UPI, Skrill, Neteller, and various other options.

Expert Option also assists E-wallets and credit cards. You can withdraw funds by Visa, Union Pay, MasterCard, etc. You can also use an E-wallet for withdrawing money. The E-wallets that are available on Expert Option are Neteller, Qiwi, Skrill, and more.

When withdrawing funds from Expert Option, credit cards take more time than E-wallets. E-wallets are faster when withdrawing funds.

Minimum Withdrawal Amount

The minimum amount of money that you can withdraw from the Expert Option is $10. However, because of the terms and conditions of the Expert Option, you can’t withdraw money less than $10. 

Maximum Withdrawal Amount

The maximum amount of money that you can withdraw per day from Expert Option is $10,00,000. 

Withdrawal fees

There are no withdrawal fees on the Expert Option. Therefore, you can withdraw money easily without paying any extra charges. However, you may have to pay charges if a payment system charges fees for the transaction process. 

How Much Time Does It Take to Withdraw Money from Expert Option? 

The whole withdrawing process takes up to 2 to 3 or more days to complete. 

Sometimes it can take around 10 days for your profits to be processed. There is no need to worry if your transaction has been delayed. If you have made the request, it means that the broker is aware of the situation and is currently working on processing your funds. If you still aren’t satisfied with the service, you can always contact the Expert Option support and clear your queries.

Proof of Withdrawal

If you want proof of all the withdrawals and deposits in your account, you can go to the “payment history” option and see the records of all the transactions made. You can also track your withdrawal and deposit history.

Initially, no documents are required for withdrawing money, but the representative can ask you for specific documents, depending on your withdrawal method and type. For example, you need to pass verification if you use different methods to deposit money and another method to withdraw money. However, if you used the same method to deposit and withdraw money, you don’t have to pass verification. 

Compared to other online trading platforms, Expert is an excellent choice for stepping into the trading world. It allows users to practice and better understand their platform through the demo account and has various customizable tools and techniques to be used according to the user’s convenience.

Conclusion

Expert Option has a straightforward and convenient method to withdraw funds without paying any transaction fees. The overall money withdrawing process is entirely safe and secure. They even have various money transaction methods for you to choose from according to your ease.