Expert24trade.com Review: Is Expert 24 Trade Scam?

Expert 24 Option is a platform that claims to be trading indices, digital currencies, commodities, Forex, metal, among other assets.  The company welcomes cryptocurrency Investors to trade Bitcoin, Ripple, Ethereum, Litecoin and Bitcoin Cash. The platform was launched in August 2018 and was privately registered. Hence, the information regarding their founder is not accessible to the public.

Additionally, despite being in the market for some time, the company fails to provide financial reports that can help investors to see how they are performing in the market. Instead of wasting your hard-earned money and time in such a company, you can use legit Forex trading companies that are more reputable and has no intention of stealing your funds.

The platform highlights the benefits that will come along when you trust them with your fund. Investors can trade during the weekend and have speedy withdrawals. Additionally, clients can withdraw using numerous methods as well as fund their accounts. The firm is also bragging of being 100% secure, and the data of their customers is highly protected. One of the outstanding platform benefits is offering investors assistance using their skilled trading advisors.

Pros of using Automated Trading Robots

• Ease of use

The reason why this is the best way to trade is having a bot that’s easy to use. You get a platform offering the best in terms of automated trading services.

You have all the option when it comes to trading with a robot that’s easy for you to use.

Go for these selected few bots offering more than just an easy way to trade.

• Is it easy to use the robot?

Ease of use should be the first consideration when choosing a reliable automated trading robots. You want a robot you understand.

And this ensures the traders have a better chance of enforcing their strategies and increase the overall performance.

• Is the robot transparent?

Transparency also plays an integral part in deciding the best robot to go for. You must choose a transparent robot that gives accurate data.

Please check and confirm if the data provided by the robot is accurate and matches the market’s values.

• Is there a demo test for the robot?

Traders must test the robot before developing them in the live trading sessions. It gives you an idea of what to expect with the robot.

Platforms such as MT4 allow for backtesting and gives traders the chance to set their preferred trading parameters.

• Steadily works without any interruptions

Each trader deserves a robot that steadily works without having to face any pitfalls especially during live trading sessions.

Imagine a bot that fails to execute trades when necessary or is slow at executing trades. You have to test these aspects.

• Affordable

Most of these robots are affordable and offer the best in terms of systematic trading. That’s what you need when trading with forex markets.

• Accuracy of results

When it comes to offering results, this is what you mean by having a bot that delivers in terms of sustainability.

The company has not done much to prove they are a legit corporate. We term all their claims as baseless since there have been complaints from investors who had earlier trusted them. Additionally, information regarding the expert team is not showcased on their website. It is a red flag considering they're not giving them credit by showing us the qualification they have and who they are.

Expert 24 Option Review

Expert 24 Option is a suspicious investment company that deals with Forex and cfd trading. They allow you to predict the rates of stock and currency and receive and earning 90% of the initial amount.

In addition to that, the platform also has a trading contest which they encourage their investors to trade with them and win high rewards. The company is offering $20,000 to 20 winners every week despite anyone's trading results.

To ensure that their client has a successful trading experience, they allowed them to duplicate profitable trades of over 10000 successful traders. All you have to do is become a member by registering, cash in some amount, and predict the next direction of the market, which will lead to earning more significant rewards.

The registration process, according to them, takes less than a minute. After you complete filling in the form, you will immediately get access to your trading account as well as the necessary tools that will aid your trading activities.

Moreover, the shady company also avails videos that you can use to increase your trading knowledge. The firm welcomes both novice and expert traders to be part of their team. The platform claims that their Expert team will help investors to acquire the necessary skills regarding the trading strategy.

You can trade using your PC, smartphone, Mac, or tablet. The platform guarantees users maximum security while using their website. The company also brag that they will double your success as well as give you favorable trading conditions.

They feature their daily statistics, and as per the time of this writing, they have over 1000 traders. Additionally, they have earned over 1.4 million USD within the last 24 hours. The figures are very attractive and can lure innocent traders into believing they are legit.

The question that we are having is, why is the company not availing enough data to show how they are performing? Moreover, why are they not reputable in the market?

Withdrawal and Deposit

To fund your account, Expert 24 Trade accepts money via; Bitcoin, money transfer, perfect money, Skrill, bank transfer, Neteller, debit, and credit card. The platform states that withdrawal request is processed at a very high speed and it takes less than an hour.

We did find disturbing facts about the withdrawal requirements. For you to cash out the money, you have to attain a trading volume that is equivalent to 20 times the promotional bonus.

As you can see, the trading volume is not favorable for all investors, and the requirements are ridiculous and can be hard to attain. Such conditions show that the company is shady and we can't recommend their services.

Expert 24 Option is also not charging any transfer fee, but they stated that third party charges might be experienced. Additionally, the firm also says that delays may be experienced during the weekends or on public holidays.

Investment Accounts

The platform has three investment plans that they are offering to their clients. For you to earn more or get more bonus you will need to spend more. Unfortunately, they do not disclose the currency pair, leverage, or spread that they are offering to their customers.

The least amount of money that you can fund in your account is $200. The platform also does not have an accessible mt4 trading interface. Customers will have to use a web-based trading platform.

We do not know what distinguishes this account. They have bronze, silver, and gold packages, and all of them have a demo account. Their gold perk comes along with individual account managers as well as web session learning opportunities.

Contact Details and Regulation

Expert 24 Option claims that it is located in Houston, Texas, TX 77028, USA. In case you would love to reach them, you can contact them via their email, [email protected]. It is an offshore investment company that is lying of being based in the USA.

The platform has Facebook, YouTube, and Twitter accounts. They do not have a telephone number that investors can use to reach them conveniently. It seems they want to stay anonymous at all costs.

The company claims to be a regulated entity; unfortunately, it does not state the authority that has licensed its operation. The platform will say anything to gain your trust. It is not a good sign considering they are not reputable, and it has nothing to prove.

Investors Feedback

Expert 24 Option has received a mixed reaction from those who have engaged with them in the past. Let's start with the brighter side. A good number of their clients are praising them and claiming the firm is pure gold. It is a broker that cares about their customers.

The company users say they have no withdrawal issues. However, we did not encounter any proof of payment. Hence it is difficult to determine if they are indeed paying.

Moving on to their adverse side, the company has been accused of scamming Investors their hard-earned money. Users have raised an allegation that Expert 24 Option has refused to pay them.

Additionally, the platform is also accused of having hidden charges that they had not mentioned on their website. It is a total exploitation scheme that you should watch out for. We would advise our readers to avoid them at a cost since there's nothing good about them.

Final Verdict

Expert 24 Option is a company that is not serious, and the FAQ session only features very minimal questions that raise numerous suspicion. Besides, the company is not regulated, and they are operating anonymously.

It would be best to stick to legit Forex trading companies that will help you achieve your goals without scamming you. Considering they are operating anonymously and the safety of your fund is not guaranteed, it is best to use other options.