Cryptocurrency Exchanges

ExpertOption

1.4 (14 reviews)
🇨🇦 Canada
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1.4
14 reviews
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About ExpertOption

ExpertOption has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". ExpertOption is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: Kingstown, St. Vincent and the Grenadines. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: expertoption.com, expertoption.finance, expertoption.trade, experttradingeducation.com, eolabs.net, eobroker.ae, r.expertbrokerid.com, expertoptoin.com, expertoption.net, 5.mapdz.ru, r.eo.xyz.

Customer Reviews

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Market maker conflict

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Simon N.
2 months ago

Do not believe the bonus offer from ExpertOption. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after reading several online reviews and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Economic calendar|Easy to use platform|Fast deposits|Great customer service

Cons: Onboarding videos are outdated|No phone support on weekends

Closure fee on top of everything

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Ruby G.
2 months ago

Where do I even begin with ExpertOption? since mid-2025 of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: High security standards|Wide product range|Regular platform improvements|Personal attention

Cons: Help articles are sometimes vague|No crypto staking

Not regulated - verified this myself

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Rachel F.
4 months ago

After seeing ads for ExpertOption online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Autorité des marchés financiers. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Unauthorized firm|Found in IOSCO warnings database

Billing department is a black hole

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Melody O.
6 months ago

ExpertOption advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Reliable uptime|No hidden fees|Market news feed

Cons: Wish they had more educational resources|Cannot customize dashboard fully

Do not waste your money here

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Ian P.
6 months ago

ExpertOption has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Professional team|Multi-device support|Reliable uptime

Cons: Currency conversion fee exists

Pressure to deposit more

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Helen X.
6 months ago

I gave ExpertOption a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Multi-currency support|Professional team|Good analytical tools|Dedicated account manager

Cons: Limited cryptocurrency options|Limited demo account features

Deceptive practices at ExpertOption

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Alice M.
6 months ago

The spread at ExpertOption is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after doing extensive research and initially thought the platform was good - until I started trading seriously.

Pros: Multi-device support|Responsive team|Multi-currency support|Multiple order types

Cons: Could offer more webinars

Data breach and they did not notify us

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Aaron L.
7 months ago

Do not be fooled by the professional-looking website. Behind the scenes, ExpertOption is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Market news feed|Good mobile app|Regular platform improvements|Automated trading options

Cons: Alert system is basic

Currency margin requirements unclear

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Seth X.
8 months ago

I wanted to transfer my portfolio from another broker to ExpertOption. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Instant funding|Easy withdrawals|Full transparency

Cons: Inactivity fee applies after 12 months|Limited cryptocurrency options

Total fraud - reported to authorities

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Robert R.
8 months ago

I want to warn everyone about ExpertOption. They have been flagged by Autorité des marchés financiers as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Initially responsive customer service

Cons: Withdrawal fees demanded|Communication cut off|Not authorized