How To Use Expert Option | Trading Tutorial For Beginners (2024)

Without knowing how to trade, you cannot expect a long run in the trading game. Regardless of your broker, you must always focus on learning how to trade first. Moreover, this should be a parameter in choosing your broker as well. You must see whether your chosen broker is offering you a trading tutorial or not. If it does not offer a tutorial about the simple ways to access its features, that broker is not fit for your journey.

With this Expert Option trading tutorial, you can end all such thoughts of being with an unreliable broker. It offers you expert trading services with an easy to handle interface. You can access this broker’s features through its available apps over various platforms or straightaway go to the website and join. Being an Expert Option trader is that you get to know its functioning through this trading tutorial. Here we will reveal all the information to trade successfully with Expert Option. So let us find out!

How to begin with registration

Registration is undoubtedly the first step in using any broker’s services successfully. First, you need to visit their website or access the trading app to begin the registration process. If you are visiting the website, then follow the steps mentioned below:

1. First, open the home page; you will see an option for a demo account. By clicking on that, you will find yourself on an Expert Option demo account with $10000 in demo cash.

2. Once you are satisfied with your demo trading experience, you can switch to registering for a real account.

3. Firstly, you need to locate the open real account option in the demo account or on the first page. It shall be present in the right corner.

4. Once you select that option, you can proceed with the registration process. You can register through your mail, Facebook, or even the Gmail id at Expert Option.

5. To successfully register, you just need to provide any of the above user ids and then create a strong password.

6. Finally, just select the open account option below to finish the registration process successfully.

If you are using the mobile app for trading with Expert Option, you need not worry in that case either. The process for registration is without any hassle in the trading apps and is similar to the web version. However, the first step will be to find the app in the App Store. It is available for both Android and iOS devices. So, you can search the app in the search button and download it right on the spot.

How can you verify the Expert Option account?

Verification of your account is the next step once you have signed up. The verification takes place in 3 stages:

#1 Email ID verification

After completing the registration process, Expert Option will send an email to your registered ID.

You only have to open your inbox and see if you received the link.

Next, click on the link to confirm that the email ID is correct. It shall be the end of the email ID verification.

#2 Address verification

The verification process begins once you start filling in your details in the profile. The address verification is essential to comply with the KYC norms of the broker. Open your profile and locate the address and ID status to enter the verification process.

After that, fill in your details and submit them to the broker for verification.

#3 Bank Card verification

This verification process is required for those who choose the card method for deposit. If you choose cryptos, e-wallet, or other methods, verifying the primary ID or Passport would be sufficient for the broker. However, with credit or debit cards, you need to provide the following:

• A color photograph of your valid ID proof: It can be any ID card or your passport. Make sure that it bears the photo clearly, along with your full name.

• A photo of the card you used: Your bank card’s photo must show the front and backside. The first four and last six digits must be visible. Also, the photo should bear the name and expiry date.

How to make a trade on Expert Option?

To make your first trade, you must have a minimum amount of money in your account. Expert Option will allow you to begin live trading only if you have an investment of $10 or above.

So before beginning with the trade, let us understand how to deposit the money.

Depositing funds

1. You need first to visit the Expert Option website or open the app.
2. Then you need to log in through your email id and password. It will carry you to the main account page.
3. Now, you need to locate the Finances icon. It will be present in the upper left corner.
4. There you will find the Deposit button. Selecting that will open the next page.
5. Now, you will see different methods available for making the deposit. You can choose the one according to your convenience. However, a new trader must remember to use the same method while withdrawing.
6. Filling in the details of your chosen method comes next. It can be card details or others.
7. After that, enter the deposit amount of your wish. You may also get a deposit bonus at this point.
8. Finally, you need to confirm the payment details and complete the transaction by selecting the add funds tab.
9. A confirmation window will appear that affirms the credit.

Now you can use the funds to execute the trades as per your wish. Just select the assets and start.

How to withdraw money?

Withdrawing your funds is the final step in a trading tutorial. You must know how you can reap the results of your successful trades. With the Expert Option, the withdrawal is simple and involves the steps shown below:

1. Enter the platform through the website or app

2. Locate the Finances tab on the menu

3. Now, fill in the details of your withdrawal method. It should be the same as the deposit method.

4. Lastly, selecting the ‘New request‘ button will send a withdrawal request to Expert Option. Your money will get credited soon after that.

How to trade on Expert Option successfully?

Start with the demo account

The mark of a successful trader is advanced skills. Those skills can only come with continuous practice. So, do not expect to win trades straight after making a trade. You must always try to develop your skills, and starting with an Expert Option demo account is the best way to do that. With the Expert Option demo account, you can start risk-free and learn about the trades to build confidence. After that, you can switch to a live account.

Trade the trending assets

A trader must keep a regular eye on the trending assets as they are the ones to show consistency. Expert Option offers you to monitor such assets through its trends button. You can activate it and increase the probability of a successful trade.

Utilize social trading

Joining social trading is one of the best ways to make a successful trade. That is because you can use the moves by the successful traders in your trades. Expert Option allows social trading with trading experts and successful traders. So, you can use the opportunity to increase your chances of winning.

Use Expert Option martingale strategy

Expert Option offers the use of Martingale’s strategy through its platform. So, you can use it to increase your chances of winning the trades. It is based on a simple method that doubles up the losing bets and reduces the winning trades to half.

Contact and clear queries quickly

It is not ideal to refrain from clearing out your doubts, as it can lead you to commit mistakes. So, you can contact the Expert Option support team whenever you want through various methods offered and get guided safely.

Expert Option is a broker with 24/7 customer support available throughout the year. You can connect with this broker through live chat, email, social media, and many more. So, if you have any trade-related queries, you can clear them with ease.

Conclusion: Expert Option trading tutorial

The Expert Option trading tutorial shows us how easy it is to join and begin trading with this broker. Through the easy steps we mentioned, it becomes easy for any trader to start the trading journey with this broker.

You can register, deposit, and withdraw the funds without hassle through the above steps. We have discussed all the necessary points a trader might face trouble in. So follow the above tutorial and win trades.