When most people think of trading, they picture a desk and a huge computer monitor. But what if I told you that you could trade on the go? I've been diving into mobile trading, and Expert Option Mobile Trading offers an exciting opportunity for traders like us who are always on the move.
Have you tried trading on Expert Option yet? If you have, you know it's one of the best trading platforms in 2024. Not only does it have a fantastic website, but its dedicated mobile apps ensure smooth navigation on your mobile devices. Keep reading to discover everything you need to know about Expert Option Mobile Trading and how it can revolutionize your trading experience.
Key Points
- Expert Option's mobile trading app is designed for small screens with intuitive features like swiping and pinch-to-zoom, ensuring a seamless trading experience on touchscreens.
- The app offers a demo account, trading guides, and a news section, providing essential resources for new traders to improve their strategies anytime, anywhere.
- Downloading and installing the Expert Option mobile app is straightforward and quick for both Android and iOS users.
- Expert Option ensures the safety of your funds with activity monitoring and strict account verification processes, preventing unauthorized access.
- The app supports various deposit and withdrawal methods, including credit cards, e-wallets, and regional options, with a minimum transaction amount of $10.
What is Expert Option Mobile Trading?
Features and Benefits of the Expert Option Mobile Trading App
Expert Option's online trading platform has all the tools a trader needs. Therefore, it’s understandable to wonder why anyone should download the mobile app. Fortunately, I've used the mobile app and found some benefits.
I also found many positive reviews of Expert Option's mobile app. For example, Mesrop Karapetyan on Quora says, “The primary reason why mobile trading on Expert Option is genuine is because the team did everything to transfer the same experience from the web app.”
Let’s look at other benefits of using Expert Option’s mobile trading app:
Easy to Use on Touchscreens
Although Expert Option's online platform is intuitive and easy to use on computers, it’s not designed for small-screen devices. Therefore, the mobile app solves this by stripping the UI to its bare essentials and including features like swiping to access different menus and pinch-to-zoom for the charts.
The touchscreen-focused mobile app feels natural, allowing you to make trades and access other features easily.
Accessible Resources
Expert Option has vital resources for new traders. You can use a demo account to practice trading with real-time market conditions without spending real money. There’s also an option to enable push notifications so you can be notified whenever something happens.
The platform also has guides on how to trade and analyze the market. Expert Option’s mobile app allows you to take these resources everywhere and improve your trading strategies.
In addition, the mobile app has a news section that updates traders on the latest market-related stories. Therefore, you can use the mobile app if you're going somewhere but need to be updated on the market.
Steps to Download Expert Option on Mobile
I use Expert Option's Android app on my tablet for the extra features. However, the download process is similar if you have an Android phone.
If you have an Android device, you can download Expert Option’s app if your Android version is above 4.4 (Kitkat.)
- Open this link to Expert Option's listing on the Google Play store. If using a different device, click the profile icon and log in to your Google account.
- Select “Install.”
- Choose which device you want to download Expert Option.
- The app will start downloading on your Android phone.
If you have an iPad or iPhone, the download process is just as simple:
- Use this link to find Expert Option's AppStore listing on Apple.
- Click on “Get.”
- The app will be installed on your iPhone or iPad.
How to Trade on the Expert Option Mobile App
Now that you know how to get the Expert Option mobile app on your device, it’s time to learn how to trade on the app.
Keeping Your Money Safe
If you plan to deposit your money on Expert Option, ensure it's safe. While Expert Option is generally a safe app, you can take extra precautions to keep your money safe.
- Check your activity tab: Because Expert Option allows you to use different devices simultaneously, it’s important to check your activity tab regularly to log out any devices you might have left signed in.
- Verify your account: Some countries have stricter KYC requirements than others. However, I recommend providing as much documentation as possible to prevent Expert Option from withholding your money if the app notices unusual activity. It’s easier to claim your money if you've provided enough proof of address.
Learning How to Use the App With the Demo Account
Whenever I use a new trading app, I start with the demo account to understand how it works. Expert Option offers a $10,000 virtual balance to help beginners learn how to trade on the app. Here’s how you use it:
- Open Expert Option.
- On the trading dashboard, tap on "Real Balance."
- Select "Demo."
You can now trade with the demo account. If you spend all your demo account balance, you can close and reopen the app to refresh it.
Trading With The Mobile App
If this is your first time trading, I recommend reading our comprehensive guide. But,
- First, deposit money into your Expert Option account. Then, tap on the asset below the balance (typically EUR/USD) to change which FTTs you want to trade.
- Choose the asset you want to trade. For example, I choose Apple.
- Enter your investment amount, then tap on "Strike Rate" to predict the asset's movement.
- Select “Buy” or "Sell" based on whether you think the price will increase or decrease when the time runs out.
- Once the timer runs out, you’ll get a report on whether you had a winning or losing trade.
Depositing and Withdrawing Cash
Once you have enough practice on the demo account, you can now deposit real money to the Expert Option app and use it to trade. The minimum deposit and withdrawal amount is $10. However, you can trade with as little as $1.
Expert Option has many deposit and withdrawal methods:
- Debit and Credit Cards: All major credit and debit cards are accepted on Expert Option. Therefore, you can rest assured if you use Visa, Mastercard, Union Pay, or Maestro, you’re covered.
- Online banking: Expert option has partnered with several regional banks for direct deposits and withdrawals.
- E-wallets: Expert Option supports popular e-wallets like Perfect Money, Skrill, Neteller, and Fasapay.
- Regional alternatives: Expert Option works with some regional-specific companies like Mpesa and Paytm to make depositing and withdrawing money more accessible.
Depositing and withdrawing money on Expert Option's mobile app is also easy. Here's how you do it:
- Open the Expert Option app and tap on finances.
- Tap on “Withdraw” or “Deposit” to perform those actions.
If it’s your first time depositing or withdrawing money, you must provide KYC information, such as confirming your phone number and uploading identification documents. You won’t need to go through this process again in most regions.
Final Words
Although there are many trading platforms, Expert Option is different from some competitors like Pocket Option in terms of easy accessibility and use. It has dedicated mobile apps for iOS, Android, Windows, and Mac. So, there's something for everyone.