Expert Option Kuwait Review
ExpertOption is an online trading platform that lets you trade various financial instruments in a well-designed and easy-to-use interface. Read Expert Option Kuwait Review and You can trade through their website or by downloading an app from them.
When it comes to platforms, in my honest opinion, Quotex leads the most responsive, user-friendly, well-organized, and fastest platform I’ve tried/traded since my trading experience!
The platform is easy to understand because everything is clear and neat in front of the trader; First, the platform is based on a web application, so no download is required. Second, it is fully customizable to your taste and, finally, easy access to each feature with one click.
Expert Option Trading Platform
ExpertOption prioritizes clients, making customer service its primary value. Over 100 account managers, each focused on meeting traders from Kuwait’s needs. Expert Option trading platform began providing services in 2014 and executes more than 30 million contracts per month. More than 37 million traders from Kuwait have been opened their trading accounts here.
The company aims to be reliable and easy so that anyone can start trading. Ultimately, it seeks to provide the fastest trading through innovative technology.
- Social Trading – Traders from Kuwait can trade with their friends and family members and watch them trade in real-time. Furthermore, they can use this feature to analyze the trading behavior of the top traders from Kuwait and learn their strategies. In addition, they can follow Olymp Trade on social networking sites like Facebook, YouTube, Twitter, and Instagram.
- Technical Analysis Tool – You can use eight indicators, four types of charts, and trend lines.
- Mobile Apps – Expert Options for iOS and Android Mobile Trading Apps is the best finance app in almost 47 countries worldwide. They come with full features and have already installed over a million. IOS devices can download their apps from the Apple Store, while owners of Android devices can download their apps from Google Play Store.
- PC Apps – Although they have browser-based trading options, customers can download desktop apps for macOS and Windows for instant access, top performance, convenience, and excellent market analysis.
- Web trading Platform – The demo account is available on the web platform. Visit once to practice trading with $ 10,000 in a virtual fund. It’s easy!
Expert Option Highlights – Kuwait
- Maximum Profit: 95%
- Minimum trade: $1
- Minimum deposit: $10
- Assets: 100+ Crypto, Stocks, Commodities, and Currency Pairs
- Platform: Web, Android, iOS, and Windows
- Free demo accounts are available.
- Multiple financial instruments
- Proprietary trading platform
- Multiple types of trading accounts, including VIP accounts and demo accounts
- Educational materials trading tools
- Features desktop and mobile apps
- 24/7 customer support
- Limited amount of options
- Many countries not accepted, including the USA, Canada those in the EU
- 24/7 hour customer support is available only in English
Expert Option Kuwait Review – Account Types and Minimum Deposits
Although many brokers offer clients only a single account type or two, there is an exceptional range of Expert Option accounts.
It is interesting to note that instead of creating an account level based on verification level like many brokers, Expert Option builds a level based on the investment size to upgrade to a higher trading account level. Check out the list of Binary Options Brokers available for Kuwait.
There are 5 types of accounts available from ExpertOption, with each adding benefits but increasing the minimal investment.
- Basic – This account level is meant for new customers who want to learn more before investing more money in trades. If a newly registered trader deposits $50, they become a Basic trader at Expert Option.
- Silver – Most traders from Kuwait start at the Silver level by depositing 500 USD.
- Gold – Traders should deposit at least $2,500 to become Gold traders from Kuwait and enjoy a slew of benefits.
- Platinum – Traders achieve the Platinum level if you deposit a minimal $5000 in their accounts.
- Exclusive – ExperOption is the highest level broker, and traders can achieve it only on invitation. If interested, Traders should request their account manager for more information.
ExpertOption Kuwait Review – VIP level
Depending on their VIP level, traders from Kuwait can enjoy the following benefits:
- Withdrawals on priority
- Education material
- Daily financial research reports and market reviews
- Access to various trading strategies
- Personal managers
- Invest anywhere in the range of $25 to $5000 on a trade
- Earn increased asset profit up to 6%
Basic accounts have access to all educational content. You can keep a maximum of 10 trades open at once for a maximum of 25 USD. In addition, the Silver account includes the identity of a personal manager.
They upgrade the maximum trade to 15, and the maximum deal amount is $ 250. In addition, they add access to daily market reviews and financial research. Gold accounts allow up to 30 simultaneous deals of up to $ 1,000.
They add priority withdrawals and increase asset gains by up to 2 percent. Those who have Gold Accounts and higher also get priority withdrawal.
The maximum deal amount for a Platinum account is $ 2,000, and there is no limit to the number of simultaneous open deals. Increased asset gain is up to 4 %, and you also get a trading account manager.
Those with exclusive trading accounts get a senior account manager, increase property profits by up to 6 percent and get a maximum trade amount of 5,000 USD. In addition, this type of account adds access to strategies.
Remember that regardless of account type, the minimum investment amount for a single trade is 1$. It is also essential to note that the client must request that the feature be activated via email for certain account benefits. At this time, it will be activated manually.
ExpertOption Kuwait Review – Open an account
Whenever traders from Kuwait want to open a real account, they can click on the green button “Open Real Account” at the top right of the homepage. It opens a simple online registration form, asking customers to input their email addresses and create passwords. Then before clicking on the blue account open button at the bottom of their registration form, check the box opposite the declaration, “I accept the terms.”
The minimum deposit required to open an ExpertOption account will vary depending on the type of account you choose, but the absolute minimum is $ 50. ExpertOption also has KYC methods to verify your identity to prevent fraud and money laundering.
Expert Options often asks new clients to submit documentation after verifying their identity and address.
The broker does not list specific requirements for these documents on its website, but it is safe to assume that ExpertOption has the exact requirements as other brokers. For example, proof of identity must be government-provided and include a minimum of your photo, name, and date of birth.
Proof of address should probably be an official document or bill to display your name and address.
ExpertOption does not serve citizens and residents of the United States, Canada, the European Economic Area, Israel, New Zealand, Puerto Rico, Australia, North Korea, Puerto Rico, Switzerland, Singapore, Bangladesh, Indonesia, Russia, Iran, and Yemen.
Due to legal limitations, some of the ExpertOption features and products mentioned in this ExpertOption review may not be available to merchants in certain countries. Check out the other Binary Options Brokers available in Kuwait.
Is Expert Option Legal in Kuwait
Expert Option accepts traders from Kuwait and it is legal to carry out business with Expert Option in Kuwait. The website of Expert Option clearly mentions the list of countries it does not accept clients. You can always check their website for the latest list of restricted countries.
Binary Options trading, Forex trading, CFD trading, and many other Online trading platforms are legal in Kuwait. Many Kuwaiti traders and Expat traders are successfully trading online and making a second income. Check out more about “Is Binary Options legal in Kuwait?”
ExpertOption Kuwait is accessible through mobile and desktop applications. This broker mobile app is available on iOS and Android and can be downloaded from Google Play Store or Apple Store. The desktop app is compatible with Mac or Windows.
ExpertOption Social Trading
One of the unique features of ExpertOption that is not available on other platforms is social trading. Social Trading lets you see other trades in real-time. You can trade with your friends or follow someone who fits your trading style. Another item with Social Trading is a leaderboard to see how you stack up against more experienced people.
This unique feature is not available on many platforms and can be used to engage with other traders from Kuwait. It may not be for everyone to use, but it is more than others may say. The demo account feature is being used to see how this works. One of the drawbacks is that it can be confusing from the overall charting experience, but others may agree.
ExpertOption is fully licensed by SVGFSA, a government financial authority that allows companies to offer financial and trading services.
Currently, the trading platform is easily accessible from most locations worldwide. However, expert options for accepting U.S. citizens are not allowed, although the platform is considering further expansion into new territories.
To make a deposit, go to the financial tab in the main bar on the left side of the trading platform. Next, click the Deposit tab (opened by default). Next, select your deposit method, currency, and amount, then press Submit.
Deposit options include major credit cards and debit cards, MasterCard, Visa, Maestro, cryptocurrency, and others. Other options include Union Pay, WebMoney, Neteller, Skrill, Perfect Money, QIWI, Fasapay, and Yandex Money.
During depositing funds into your account, keep in mind that the minimum deposit for ExpertOption is only $ 50. With this deposit size, traders will have a basic account. The maximum deposit size is probably set at $ 3,000 due to the payment limit.
ExpertOption Kuwait Review – Withdrawals
There are over 20 different payment systems with which Expert Options works for withdrawal. For example, you can use MasterCard, Visa, Maestro, or UnionPay for credit and debit cards.
Account-holders can also use electronic payment methods, including Fasapay, Perfect Money, Skrill, and Neteller. Or you can withdraw via Bitcoin.
Remember that you must withdraw it similarly to your deposit amount when withdrawing funds up to your deposit. However, after you withdraw your initial deposit, you can choose a different withdrawal method for the remaining funds.
This is the ideal practice for all brokers because it helps prevent money laundering.
You must withdraw a minimum of 10 USD at a time. This withdrawal request will be processed within two business days. Depending on the type of withdrawal, traders may need to send them additional documentation through scans. In this case, the request for those documents will occur through email.
ExpertOption Kuwait Review – Customer Support
ExpertOption takes care of its registered customers. It provides a safe and secure online trading platform and teaches newcomers how to trade. It includes a learning center including a glossary, trading techniques, graphical analysis, technical analysis, trading psychology, and fundamental analysis.
They can use ExpertOption 24/7 customer support area whenever customers need support.
While support option is available in English round the clock, it is available in Hindi between 10:30 and 19:30 India time. Traders can use the following methods to get in touch with a customer support agent:
- Phone – Directly Contact the company by calling +44-20-3868-3160 or 000-800-443-0002 (for support in Hindi).
- Email – Directly Email your doubts and questions to english@ExpertOption.com or hindi@ExpertOption.com (for support in Hindi).
- Online Chat – Click on the “Online Chat” button to instantly connect with a customer support agent.
- Contact Form – Fill in your full name, email address, and phone number, and then click on the blue button to send your message to the company.
ExpertOption Kuwait Review – Summary
Expert Options offers an online trading platform that is easy to use, especially for beginners, because it has a lot of educational material that can teach them the basics of trading techniques. Although it offers a variety of accounts with unique benefits for traders from Kuwait who make large deposits, financial experts advise new traders to start with small deposits as trading is an activity that is subject to market risk.
We recommend starting with a demo account if you have never traded before. The online trading platform is millions of satisfied customers worldwide, and we did not find any negative player feedback on any of the trading forums.