What is a Binary Option?
A binary option, also referred to as a digital option is an option in which payout is determined at the onset of the contract. It pays a fixed amount of cash if the option expires in-the-money, independent of themagnitude by which the price of the underlying asset moves. ExpertOption offers you up to 95% payout when the option expires in-the-money, and up to 50% return if the option expires out-of-the-money. The option cannot be sold before its expiration.
Do I need to download any software to my PC for trading?
No, you don't need to download anything. All you need to do is to open an account on the website of ExpertOption.
Is there a demo account?
We offer you to use a demo account with the balance of 10 000 virtual money in order to be able to evaluate the benefits of the trading platform.
How my profit is calculated?
Your profit from a trade can be up to 95% of the investment amount. Profit depends on current situation of the market.
What is the minimum amount that I can invest?
The minimum amount to invest in a single option is $1.
What is a minimum deposit amount?
The minimum deposit amount is $50.
Are there any commissions upon making transactions with my trading account?
Our company does not take any commissions on your transactions. But such commissions can be taken by the payment systems or payment aggregator.
What is the minimum withdrawal amount?
Minimum withdrawal amount is 10 USD.
How much time does it take to withdraw funds?
Withdrawal requests are processed in 2 working days.
Do i need any documents to withdraw funds?
Company representative can ask you to send scanned documents, depending on the withdraw type. All the information will be sent to your e-mail.
How can I close my account?
In case you wish to stop using your account, please contact our Clients support department via email firstname.lastname@example.org