ExpertOption is a popular broker. So far, it has registered over 50 million accounts globally, and its services are used by residents of 48 countries. If you want to test its system, start with a free ExpertOption demo account. It takes seconds to create and comes with a hefty amount of virtual money.
Overview of the Broker
The broker is licensed by the VFSC (Vanuatu Financial Services Commission) and the FMRRC (Financial Market Relations Regulation Center). It is registered in Saint Vincent and the Grenadines. Demo trading is only one of the company’s advantages. ExpertOption boasts:
- a wide range of tradable assets (100+): currencies, stocks, metals, and cryptocurrencies;
- a wide range of payment methods (20+);
- commission-free withdrawals;
- profit of up to 95% (if the forecast is correct);
- a powerful trading platform for all popular OS (Windows, Mac, Android, and iOS);
- support 24/7/365 by phone and email.
ExpertOption provides many sources of knowledge for experts and neophytes. Aside from the demo mode, there are guides, webinars, and tutorials covering a broad thematic spectrum. The site features articles on technical and fundamental analysis, recommended strategies, and the psychology of online trading.
How to Open a Demo Account
Unlike demos from competitors, an ExpertOption demo account is set up without registration. This is ideal for traders who feel reluctant to share personal details from the start. Click on the ‘Try free demo’ button to open the company’s unique web-based trading platform. Every user of a free demo account starts with a virtual balance of $10,000. The browser will store your cookies, so the system lets you pick up where you left off.
Overview of Account Types
In online trading simulators, users practice analyzing charts and managing trades. They explore all the features with zero risk to their wallets. To access real-market trades, you need to choose from a range of live account types. There are six options.
- Micro accounts require just $10. They are perfect for those who want to start small before committing. The upgrade is available at any time.
- Basic accounts require $50.
- Silver accounts require $500. Holders have access to free expert guidance.
- Gold accounts require $2,500. They give access to VIP features.
- Platinum accounts are presented as ‘best expertise and exclusive account management for serious investors.’ Clients deposit $5,000.
- Exclusive accounts require an invitation to open.
Read How to Trade Forex with $100 here.
Overview of Software
ExpertOption traders use the company’s proprietary system. It comes in three forms: as desktop software for Windows and Mac, as a web-based terminal for popular browsers, and as a mobile app for iOS and Android. All versions share data instantly, so traders may switch devices during the day.
A position may be opened from a laptop, modified via a tablet, and closed via a smartphone, or in any other order. Cross-platform functionality meets the needs of the modern trader. Other key advantages of the software include:
- 4 types of charts, 8 technical indicators, and multiple trend lines;
- social trading features;
- access to 100+ assets including stocks of tech giants;
- instant execution without delays;
- support 24/7, even on weekends.
So far, the Expertoption app has been installed 10 million times worldwide. It has also been rated as the best finance app by residents of 47 countries. The app has all the features of the full-size terminal.
Open a Demo Today
ExpertOption is a well-established broker with a wealth of educational materials. Try its system in the demo mode — it is free and does not require registration. You can also login to an existing account if you are registered and use your demo account. An ExpertOption demo account will allow you to hone your skills, so you can make a profit across several markets.