All Share (J203) = 89 738
Rand / Dollar = 18.31
Rand / Pound = 23.71
Rand / Euro = 19.82
Gold (usd/oz) = 3 070.85
Platinum (usd/oz) = 980.79
Brent (usd/barrel) = 72.78
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

ExpertOption Minimum Deposit

Expert Option Minimum Deposit
 

ExpertOption required in order to open a broker account is $10 / R160,67 USD/ZAR at the time of writing.ExpertOption has a very affordable minimum deposit when compared to most other brokers in the industry.

ExpertOption at a Glance

🔎 Broker's NameExpertOption
📍 HeadquarteredSt Vincent and the Grenadines
📅 Year Founded2014
⚖️ Regulating AuthoritiesSVGFSA
🌐 Countries not accepted for tradeUnited States, Canada, Switzerland, Israel, New Zealand, Australia, Singapore, Bulgaria, United Kingdom, France, Germany, Ireland, Denmark, Sweden
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit$10 / R160,67 USD/ZAR at the time of writing).
💳 Deposit OptionsCredit/debit card (MasterCard, Visa and Union Pay)
Skrill
Neteller
Fasapay
Perfect Money
Bank Transfer
💳 Withdrawal OptionsSkrill

Neteller

Fasapay

Perfect Money

Bank Transfer
💻 Platform TypesExpertOption platform
📱 OS CompatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
📈 Tradable assets offered CFDs
Forex
Shares
Cryptocurrency
Commodities
Indices
👨‍💼 Languages supported on WebsiteMultiple
👥 Customer Support LanguagesMultiple
📆 Customer Service Hours24/5
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 10

Regulators

SVGFSA

Trading Platform

Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

📍Choose your quick section of our Expert Option Minimum Deposit below.

 

Expert Option Minimum Deposit Revealed:

 

📍Here is our overview of the ExpertOption Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

ExpertOption Minimum Deposit

 

ExpertOption Minimum Deposit

 

The minimum deposit amount required to open a broker account with Expert Option is only $10/160,67.

 

This is an extremely low minimum deposit requirement when compared to many other brokers in the industry and should present a low barrier of entry to most new traders.

 

ExpertOption Deposit fees and deposit methods

 

ExpertOption Deposit fees and deposit methods

 

📍 Deposits with Expert Option can be made via a wide variety of popular methods, which consist of the following:

 

💳 Credit/debit card (MasterCard, Visa, and Union Pay)

💳 Skrill

💳 Neteller

💳 Fasapay

💳 Perfect Money

💳 Bank Transfer

 

In terms of deposit security, the Financial Services Authority of St. Vincent, and the Grenadines (SVGFSA) currently license Expert Option.

 

This is deemed offshore regulation and is not as stringent as that provided by more reputable regulatory agencies like the Financial Conduct Authority (FCA) or the Cypress Securities and Exchange Commission (CySEC).

 

ExpertOption does employ certain deposit security methods. These include the fact that data is encrypted with cryptographic algorithms, and the broker stores all client funds in segregated accounts as part of its AML policy.

 

With regards to deposit currencies, Expert Option does not indicate which currencies it accepts, however it can be assumed that most major currencies can be used to make deposits.

 

Traders depositing in smaller currencies, such as ZAR/Rand, will have to check with the broker in case of conversion fees when depositing.

 

ExpertOption Step by step guide to depositing the minimum amount

 

📍 Depositing into your account with Expert Option consists of the following steps:

 

🔴Step 1 – Log in

If you wish to deposit funds in your trading account, simply Log  in

 

ExpertOption Step by step guide to depositing the minimum amount step 1

 

🔴Step 2 –Make the deposit

Click on the button ‘Deposit’

choose the best deposit option for you

remember that your chosen deposit method is the same method by which you will have to make withdrawals

 

ExpertOption Step by step guide to depositing the minimum amount STEP 2

 

🔴Step 3 – Review your transaction

Choose the best deposit option for you

 

ExpertOption Step by step guide to depositing the minimum amount STEP 3

 

Min Deposit

USD 10

Regulators

SVGFSA

Trading Platform

Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

ExpertOption Customer Reviews

 

Very good with a little vigilance and…

Very good with a little vigilance and experience can be great👍👍

ExpertOption Minimum Deposit

The best platform to buy and sell BTC

The best platform to buy and sell BTC, period.

ExpertOption Minimum Deposit

A great company also strives to be…

A great company also strives to be reliable and simple so that anyone can start trading here very easy trading and good profit

ExpertOption Minimum Deposit

I love it

I love it. I will advise my friends!!

ExpertOption Minimum Deposit

ExpertOption Customer Care

 

ExpertOption Pros and Cons

✔️ Pros❌ Cons
Extremely low minimum depositOffshore regulation
No deposit fees or withdrawal fees
Wide range of deposit methods

 

Conclusion

ExpertOption required in order to open a broker account is $10 / R160,67 USD/ZAR at the time of writing at the time writing).ExpertOption has a very affordable minimum deposit when compared to most other brokers in the industry.

 

You might also like: Expert Option Review

You might also like: Expert Option Account Types Overview

You might also like: Expert Option Demo Account – Step by Step

You might also like: Expert Option Fees and Spreads

You might also like: Expert Option Sign up Bonus

 

 

Frequently Asked Questions

 

 

How does the minimum deposit for ExpertOption compare to other brokers?

 

The ExpertOption minimum deposit amount of only $10 / ZAR 160,67 is an extremely low minimum deposit requirement when compared to many other brokers in the industry and should present a low barrier of entry to most new traders.

 

How do I make a deposit and withdrawal with ExpertOption?

 

Just open the ExpertOption platform and tap on the left upper corner menu. Then choose the Finances option. You’ll now see a Withdrawal option in the lower right corner of the window. There you should enter all the data of the payment method you wish to use for withdrawal.

 

Does ExpertOption charge withdrawal fees?

 

Expert Option does not charge deposit fees or withdrawal fees.

 

How long does it take to make a withdrawal?

 

Withdrawals are processed by Expert Option within 2 business days.

 

Are my deposits safe with Expert Option?

 

The Financial Services Authority of St. Vincent and the Grenadines (SVGFSA) currently licenses Expert Option.

This is deemed offshore regulation and is not as stringent as that provided by more reputable regulatory agencies like the Financial Conduct Authority (FCA) or the Cypress Securities and Exchange Commission (CySEC).

Expert Option does employ certain deposit security methods. These include the fact that data is encrypted with cryptographic algorithms, and the broker stores all client funds in segregated accounts as part of its AML policy.

4.3/5 - (24 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 1, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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