ExpertOption Vietnam Review

ExpertOption in Vietnam – Introduction

ExpertOption is a digital trading platform that was launched in 2014. It was founded by a group of financial market experts who aimed to create a space for convenient online trading. This platform is designed to offer an efficient and user-friendly trading experience for both novice and experienced traders. Although the specific individuals behind its inception are not publicly disclosed, the company has grown to be a renowned entity in the trading industry, having a client base from more than 150 countries. In this ExpertOption in Vietnam review, we will take an in-depth look at the broker’s features and learn why it was awarded as one of the best online trading platforms.

The award-winning online trading platform has extended its services in Vietnam. Offering a variety of financial instruments like stocks, cryptocurrencies, commodities, and foreign exchange. It is known for its user-friendly interface, suitable for both beginners and experienced traders. ExpertOption provides numerous features such as social trading, real-time market data, technical analysis tools, and a demo account for practice. It also prioritizes the security of user’s funds and personal data, with advanced security measures in place. Moreover, it offers responsive customer service available 24/7. However, prospective users should be aware that trading always involves risks, and it’s important to only invest what you can afford to lose.

ExpertOption Review Vietnam

Account Types

ExpertOption Vietnam Account Types
  • Micro Account: Micro account-type traders are limited to basic features, including educational materials. They can open up to 10 deals at once, each not exceeding $10. The minimum deposit required for this account type is $10.
  • Basic Account:  The minimum deposit requirement is $50. This account allows access to educational resources and the ability to open up to 10 deals simultaneously. However, the maximum deal amount is capped at $25.
  • Silver Account:  A large number of traders start with this specific account type. A minimum deposit of $500 is required for a Silver Account. It offers more features than the Micro and Basic accounts, including educational materials, Daily Market Reviews, Financial research, and the ability to open up to 15 deals at once with a maximum deal amount of $250.
  • Gold Account:  A Gold account requires a deposit of $2500. It offers benefits such as educational resources, daily market evaluations, and financial research. Gold account holders also have priority withdrawals, can have up to 30 concurrent deals with a maximum value of $1000 each, and can earn up to 2% higher asset profit.
  • Platinum Account:  Requires a $5000 deposit and offers several benefits. There are no limits to the number of deals a trader can have open at once, with a maximum deal amount of $2000. Platinum account holders may receive a 4% increase in asset profit. They also have access to educational resources, daily market reviews, financial research, and priority withdrawals.
  • Exclusive Account: A premium trading platform option that is only available through invitation. It offers full access to all features, including financial research, daily market overviews, and educational resources. Exclusive account holders can open unlimited deals simultaneously, each capped at $3000, and enjoy priority withdrawals. They also benefit from an increased asset profit of up to 6%.

ExpertOption Vietnam Available Financial Instruments

Here are some of the tradeable assets available in ExpertOption Vietnam:

  • Forex: ExpertOption offers a wide range of currency pairs for forex trading. This includes major pairs like EUR/USD, GBP/USD, and USD/JPY, among others.
  • Cryptocurrencies: Cryptocurrencies have become a popular asset to trade in recent years. ExpertOption offers several cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin.
  • Commodities: Traders in Vietnam can also trade various commodities on ExpertOption. This includes popular ones like gold, silver, oil, and natural gas.
  • Stocks: ExpertOption offers stocks from some of the biggest companies globally, including tech giants like Apple, Amazon, and Google.
  • Indices: Traders can also trade on the movement of various global indices like the Dow Jones, S&P 500, and Nasdaq.
  • ETFs: Exchange-Traded Funds are a type of investment fund and exchange-traded product, traded on stock exchanges. ExpertOption allows users to trade on various ETFs.

It’s important to note that the availability of these tradeable assets can change based on market conditions and regulations. Therefore, traders should always check the platform for the most current offerings.

Furthermore, while ExpertOption provides the platform for trading, traders must do their research and understand the associated risks before trading these assets. It’s highly recommended to make use of the educational resources available on the ExpertOption platform to understand how each asset works and the strategies for trading them.

ExpertOption Vietnam Online Trading Platform

Desktop App/Web Platform

  • User-Friendly Interface: The app is designed to be easy to use, even for beginners. It features a clean and simple interface that’s straightforward to navigate. All the tools and features you need are easily accessible, making it quick and easy to execute trades.
  • Real-Time Charts and Indicators: The ExpertOption Vietnam Desktop App provides real-time charts and indicators to help users make informed trading decisions. These tools offer valuable insights into market trends and movements, allowing you to make trades based on the most up-to-date information available.
  • Quick Deposits and Withdrawals: The app also facilitates quick deposits and withdrawals. This means you can easily add funds to your trading account or withdraw your earnings with just a few clicks. This makes managing your trading finances extremely convenient.
  • Comprehensive Trading Tools: Besides charts and indicators, the app also offers a range of other trading tools. This includes historical price data, different chart types, and various analytical tools. These can help you to develop effective trading strategies and increase your chances of success.
  • Customizable Layout: The ExpertOption Desktop App allows you to customize your trading layout according to your preference. You can choose which charts, tools, and information are displayed, helping you to create a trading environment that suits your style and needs.
  • Security: The app incorporates high-level security measures to protect your data and transactions. This ensures that your trading activities are safe from any potential threats or breaches.
  • Customer Support: The ExpertOption Desktop App also provides easy access to customer support. If you have any problems or questions, you can get help quickly and conveniently through the app.
  • Multi-Language Support: The app supports multiple languages, making it accessible to users around the world.
ExpertOption Vietnam Desktop/Web Platform

Mobile App

The ExpertOption Vietnam Mobile App is a mobile trading platform compatible with both iOS and Android systems. It allows users to trade on the go and personalize the app interface to suit their trading styles and preferences. It also offers push notifications for important market updates. Therefore, it provides an accessible, customizable, and up-to-date trading platform for users to trade effectively and stay updated about significant market events.

ExpertOption Vietnam Mobile App

Social Trading

Social Trading is an innovative approach to investing where individuals can observe and follow the trading behaviors of industry experts or successful traders. Instead of making their own decisions about what assets to buy or sell and when to do so, social traders track and copy the strategies of professionals. This can be done manually or automatically, and users can decide how much money to put toward copying another trader’s investment strategy.

The concept of social trading allows traders to share their knowledge and experience, making trading accessible to everyone regardless of their level of experience or knowledge in the market. It’s a beneficial platform for new and inexperienced traders, as they can learn from successful traders and hopefully replicate their success.

ExpertOption in Vietnam is an online trading platform that offers social trading features. It allows traders to follow and copy the trades of successful professionals in real-time. This platform caters to traders of all skill levels, from beginners to experienced professionals.

ExpertOption Vietnam Social Trading Feature

ExpertOption Vietnam Trading Tools

Technical Analysis

Here’s a comprehensive expansion of the technical analysis offered by ExpertOption in Vietnam:

  • Charting Tools: ExpertOption provides a wide range of charting tools to help traders analyze the price movement of different assets. These tools include candlestick charts, line charts, bar charts, and area charts. Each chart type offers unique benefits and can be used based on the trader’s strategy and preference.
  • Indicators: ExpertOption offers several indicators to aid in technical analysis. These include trend indicators like Moving Averages and Bollinger Bands, momentum indicators like RSI and Stochastic Oscillator, volatility indicators, and volume indicators. These tools can help traders identify trends, determine the strength of a trend, and predict potential reversal points.
  • Drawing Tools: Traders also have access to various drawing tools. They can use lines, shapes, and text to mark important points, trends, or patterns on the charts. These tools can be very helpful in visualizing and tracking trading strategies.
  • Multi-Timeframe Analysis: ExpertOption allows traders to analyze an asset’s price movement in different timeframes. This feature can enhance the accuracy of technical analysis and help traders make better trading decisions.
  • Real-Time Data: ExpertOption provides real-time data, ensuring traders have access to the latest market movements and trends. This can help traders make timely and informed trading decisions.

Graphical Analysis

Graphical analysis in trading is the study of graphs, charts, and other visual representations of market data. This type of analysis is crucial for traders, as it can help them identify trends, patterns, and potential investment opportunities in the market. Users in Vietnam can access real-time charts and graphs of various financial instruments. The platform offers multiple chart types, including line charts, bar charts, and candlestick charts, allowing traders to select the one that best suits their trading style and strategy.

ExpertOption is offering a graphical analysis feature for users in Vietnam. This feature is designed to help traders visualize and interpret financial data more effectively, enhancing their ability to make informed decisions. ExpertOption’s graphical analysis feature in Vietnam is user-friendly and customizable. Traders can adjust the settings of their charts and indicators according to their preferences. They can also zoom in and out of the charts, change the time frames, and even save their chart layouts for future use.

ExpertOption Vietnam Fund Deposit and Withdrawal Options

ExpertOption offers its users in Vietnam several fund deposit and withdrawal options. These options provide convenience and flexibility to users depending on their preferences and needs. Here are the options available and their respective processing times.

  • Credit/Debit Cards: ExpertOption allows users to deposit and withdraw funds using major credit or debit cards such as Visa, MasterCard, and Maestro. The processing time for deposits is usually instant, while withdrawals can take up to 3 business days.
  • E-Wallets: ExpertOption supports various e-wallets including Skrill, Neteller, Perfect Money, Fasapay, and more. Similar to credit and debit cards, the processing time for deposits is usually instant. However, withdrawals may take anywhere between 24 hours to 2 business days.
  • Cryptocurrencies: The platform also supports deposits and withdrawals via cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. This option is ideal for those who prefer to keep their transactions anonymous. The processing time for both deposits and withdrawals is almost instant.
  • Bank Wire Transfer: For larger transactions, users may opt to use bank wire transfers. This method usually takes longer with deposits and withdrawals taking anywhere between 3-5 business days.

The processing times for each method may vary depending on the user’s bank or e-wallet service. It is always recommended to check with your service provider for accurate processing times. Furthermore, ExpertOption does not charge any deposit fees. However, a withdrawal fee may apply depending on the chosen withdrawal method. Please refer to ExpertOption’s terms and conditions for more details.

Is ExpertOption Legal in Vietnam?

Yes, ExpertOption is a legal trading platform in Vietnam. The company is regulated by the Vanuatu Financial Services Commission (VFSC) and is compliant with all applicable laws and regulations. ExpertOption Vietnam is also a member of the International Financial Commission (IFC), an independent organization that provides protection to traders and investors. ExpertOption is a reliable and secure trading platform for traders in Vietnam.

ExpertOption is legal in Vietnam

ExpertOption Vietnam Review – Conclusion

ExpertOption has successfully established its presence in Vietnam, providing a reliable and efficient trading platform for Vietnamese traders. Its user-friendly interface, a wide range of assets, educational resources, and dedicated customer support have made it a popular choice among traders in the country. Despite the challenges of a competitive market, Expert Option continues to thrive in Vietnam, demonstrating its commitment to providing quality trading solutions and contributing to the growth of the local financial market. Therefore, it can be concluded that ExpertOption is a significant player in the trading industry in Vietnam.