Thursday, 25 June 2020

What are risks of Expert Option?


Here is a reliable article that you can read before investing, it will save you a lot of money and time both.

1. First of all these platforms are not regulated by anyone (in most of the countries), so whoever the owner of the platform is, can control the rates going up or down.

2. They can control when you win and when you lose. So you’ll win initially with a demo account and once you put in the real money you might win a few times and then you’ll start to lose.

3. Take a closer look at the marketing they have put, most of the ads are targeted for people who want to earn some quick cash.

4. A lot of good reviews you’ll find on a lot of websites which are paid reviews and can be easily manipulated.

5. The whole idea of trading on these sites revolves around casinos, that is - unpredictable output every time, so it will get addictive even if you are loosing.

6. In a very rare case scenario, if you win, it will be very hard to get the money out of the system, so you still lose even if you won.

7. Companies like these can be easily set up and they can disappear overnight as it is very easy to build an app like this.


Is expert-option a scam?

Yes, absolutely. It is a scam since it is easy to lose money and there are no ways to get your money back even it is shown in your account in the app. Stay away from such apps, you won’t be earning anything after-all.

Yes, you can invest in Expert options websites, and its totally safe to trade on the platform. Being a successful Trader comes with the right mindset and how you optimize your risk level. Trading is not a get rich quick scheme and you should know that a lot of people lose their money every in the forex market. Also, a lot of people make a lot of money every day.

To be a successful Trader on Expert option, you need to master how to use all the trading tools like the INDICATORS and OSCILLATOR, this will give you an idea of when to place the right trades.

Also, you need to monitor your risk. Never trade with more than 10% of your total trading balance. So if you deposit $100, trade with less than $10 for each prediction. I'd always advise beginners to make good use of the Expert Option DEMO trading account. This DEMO account is a virtual account loaded with fake money.


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