Fraudsters such as ExpertOption flooded the entire Internet. On the network, you can often find beautiful advertising that describes a large income on volatile financial instruments. Swindlers put pressure on the “pain points” of an ordinary person, talking about the general accessibility of world markets. In fact, exchange platforms are available for absolutely everyone, but only a small part of market players receive real profit. The vast majority loses money due to a fraud broker or an insufficient level of training. Today we will talk about a company that deals with a standard divorce. Having studied the scheme of its activities, the trader can learn to recognize the typical scam.
What does the ExpertOption project say?
The official website of the office is presented only in Arabic. On the main page there is a call for rapid enrichment through market trading. The company guarantees affordable trading for each person. She describes her values that should attract wealthy investors. The office promises to provide the best services. The needs of the client are allegedly taken care of by professional managers. The team employs more than 100 specialists from different fields.
ExpertOption The company calls itself a pioneer. It declares a high level of reliability, satisfaction of any client needs. The office promotes a simple platform that everyone can use. Using advanced technology, it ensures fast execution of transactions. The company claims that there are never any failures or delays in its system.
The exchange mediator guarantees accurate prices. The registered customer receives market data in real time. The company is trying to attract new depositors by demonstrating a high level of reliability. It indicates that all client data is encrypted using advanced algorithms. The web portal provides email for communication with a consultant. Telephone conversations are not provided, because the scammer does not want to reveal his real data.
Functionality of the trading system
The brokerage company offers to use a multifunctional program of its own production. The ExpertOption terminal provides the following functions:
- 4 types of graphs, 8 indicators, several trend lines are presented as technical analysis tools.
- The function of social trade allows you to observe transactions throughout the globe. The market player will receive signals by repeating the strategies of experienced professionals.
- A huge number of financial instruments are provided. Among them are the shares of popular corporations.
The exchange mediator guarantees fast trading using modern technologies. He talks about the absence of delays and the most accurate prices. The trading platform is available around the clock and seven days a week, and therefore the trader can carry out transactions at any convenient time. The support team answers all questions, constantly adding new financial instruments. For active market players, there is a mobile application that completely repeats the functionality of the desktop version.
Broker company accounts
ExpertOption is a broker that offers multiple trading accounts. A market player can choose the account that meets their true needs:
- Micro – a tariff for those who are just starting their professional activities. A trader can raise status when gaining special knowledge of the market. The minimum deposit is $10. The trader gains access to educational materials. Up to 5 trades can be opened at the same time.
- Basic – suitable for those who understand the features of price movements, but are not ready for global investment. This account provides an easy start on world exchanges. Activation will require $50. A market player can display up to 10 orders.
- Silver is the most popular account according to brand representatives. It provides free consultations from specialists. The account requires $500 replenishment. Daily market reviews and current research are provided.
- Golden – account with privileged functions. It is created for experienced investors who can contribute a large amount. Starts from replenishment of $2,500. Priority withdrawal of funds is available. There is a 2% increase in profits.
- Platinum – provides the best experience and exclusive account management. It is suitable for serious market players. The start will require 5,000 US dollars. Profit increases to 4%.
- Exclusive – a unique tariff, which is connected in agreement with the manager. You can find out the nuances of cooperation from the consultant. Increase in profit by 6%.
The exchange mediator offers a wide range of tariffs, but this should not confuse the market player. As practice shows, scammers sometimes develop many accounts, because they seek to attract investors of different wealth. The main indicator of the integrity of the project should be real documents confirming the control by higher authorities. If the office does not provide a license, then it is most likely to be engaged in deceit.
What education does the company offer?
On the brokerage site you can find a lot of training materials from ExpertOption. An overview of the educational section will help to find out if the broker is interested in the success of their traders. A novice player is offered a glossary of terms, the basics of technical and graphic analysis. The market player is introduced to psychology and popular trading strategies. There is a button “Webinars” after clicking on which you can find only three videos. It seems that the company is trying to create the illusion of conscientious work, while in fact it does not seek to provide its investors with big income. Its educational materials are superficial in nature, they can be found on many information portals in the public domain.
ExpertOption Reputation: Customer Reviews
The swindler deprived the trader of his last money. It works through an online platform that does not bring transactions to the interbank market. The office deceives all investors without providing any opportunity to earn money. Experienced market players do not recommend using this service.
Investors talk about test trading in the ExpertOption system. Fraudsters cannot supply their customers with a quality terminal. Spreads are very high, their value constantly floats. Traders report large losses due to the fault of the project. After registering in the brokerage system, obsessive calls from managers began. Representatives of the brand persuaded a person to invest a large amount, after which there was a quick drain of capital.
International market participants describe a fraudulent scheme that was designed for beginners. They call the office a well-organized group of swindlers with deep knowledge of marketing. Having replenished the capital, the market player will never see his money again.
What’s wrong with ExpertOption? User deception and withdrawal
The analysis of this project allows us to make an unambiguous conclusion about his criminal activity. The main problem of the office is that it does not bring transactions to world markets. Creating an illusion for gullible customers, the project lures the maximum possible amounts. He acts very obsessively, getting potential investors with numerous calls. Ultimately, a person gives up under the pressure of a consultant and replenishes the deposit. Naturally, he does not receive any benefit from cooperation.
