What Account Types and Fees Does ExpertOption Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Micro Account |
Beginners |
Low minimum deposit, access to demo account |
Requires a minimum deposit of $10 |
| Basic Account |
New traders |
24/7 customer support, educational resources |
Minimum deposit of $50 |
| Silver Account |
Intermediate traders |
Personal account manager, trading signals |
Requires a minimum deposit of $500 |
| Gold Account |
Experienced traders |
Priority withdrawals, increased profit payouts |
Minimum deposit of $2,500 |
| Platinum Account |
Advanced traders |
Customized investment plans, exclusive strategies |
Requires a minimum deposit of $5,000 |
| Exclusive Account |
High-volume traders |
VIP consultant, highest profit payouts |
Minimum deposit of $10,000 |
Account Opening Process
To open an account with ExpertOption, follow these steps: First, visit the ExpertOption website and click on the “Real Account” button. Next, fill in your personal information, including your email address and password. You can also register using your Facebook or Google account. After that, verify your email address by clicking on the confirmation link sent to your email. Once verified, log in to your account and provide your employment and financial information for processing. You will also need to submit identity verification documents, such as a valid ID and proof of address. The platform offers flexibility, allowing you to upgrade your account to a professional type later on if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads |
| CFDs (Gold) |
5.0 |
$0 |
High volatility assets |
| CFDs (Brent Crude) |
4.0 |
$0 |
Varies with market conditions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
ExpertOption may charge various fees, including:
- Deposit/withdrawal fees: Generally, no fees are charged, but third-party payment processors may impose fees.
- Inactivity fees: A fee of $50 is charged after 90 days of inactivity.
- Platform usage fees: None reported, as the platform is generally free to use.
- Overnight interest (swap rates): Applicable to certain trades, varying by asset.
- Currency conversion fees: May apply based on deposit and withdrawal methods.
