Are you an options trader in Kenya?
Have you tried making a deposit on other platforms and failed because – apparently your bank sees binary options trading as a gambling activity?
Well, here’s some good news for you. Expert Option now accepts direct Mpesa deposits from East African Traders. Meaning, you can now fund your Expert Option Account with Mpesa and Withdraw easily using the same method.
But for those who don’t really have any prior experience with trading,
What is Expert Option?
Expert Option is a binary options trading platform that allows traders to make money over the internet by predicting the outcome of financial assets over a given period of time. Interestingly, you can access expert option both via web browser and via the expert option mobile trading app.
E.O Apps.
- Expert Option Android App Download.
- Expert Option iOS App Download.
- WebTrader App.
Is It Safe to Trade in Expert Option Broker?
Yes. Why?
Expert Option has been in existence since 2014 with over 21,590,358 traders already registered and trading safely. Adding to that fact, Expert Option is licensed and regulated by the Vanuatu Financial Services Commission with license number 15014.
How to Trade in Expert Option.
Trading in expert option is easy. It is just like trading in Olymp Trade or in IQ Option.
If you have previous trading experience with these top brokers then you may as well be good to go with this broker. And that’s not to say that trading for beginners is complicated.
In the next few paragraphs, I will give a step by step guide on how to trade with Expert Option. But first, I need you to log in to your Account or register here if you are new.
Step 1.
Login to your Account or register here if you are new to trading.
Note: – A new account comes with $10,000 demo units which you can use for practicing how to trade so you don’t have to worry about losing real cash.
Step 2.
Choose an Asset to Trade.
There are over 100 Assets in Expert Option spread in across 5 instruments – currencies, cryptocurrencies, stocks, and commodities. Different assets promise a different return on investment. Pick an asset with the highest percentage if you want maximum returns.
Step 3.
Enter the amount you wish to trade. You can use the plus and minus signs on the chart to adjust the amounts.
Step 4.
Now click on the green or red button on your chart to execute your first trade.
Clicking on the up button (the green button) means you are predicting that the value of the asset (EUR/USD) will rise. At the end of the trading time ( often 1 minute but can go up to days depending on your selection),; you win if the asset goes up.
Likewise, clicking on the red button (also known as down trade or put) makes you profits if the asset price goes down at expiration.
Expert Option Broker Account Types.
If you choose to trade with this broker then you will notice that there are 5 different account types on the platform. Namely: –
- Micro Account.
- Basic Account.
- Silver Account.
- Gold Account.
- Platinum.
- Exclusive Account.
Each account type has some interesting features which are unlocked by set deposit amounts.
Example: –
Micro Account.
Designed for those who prefer light start. You can activate this account by making a deposit of $10 to your trading account. Other than experiencing real account trading, the only other benefits that you get from Expert Option are: –
- Free Education Materials.
- The maximum number of simultaneously open deals.
- Maximum deal amount.
Basic Account.
This is the commonly used account type by beginners. Deposit $50 to activate. Like in a micro account, you will get free training materials with this account type. The maximum deal amount is increased to $25. And you can open 10 simultaneous deals.
Silver Account.
Deposit at least $500 to activate. Benefits include: –
- An increased deal amount – $250.
- Increased maximum number of simultaneously open deals (15).
- Daily Market Reviews and Financial research.
Gold Account Type.
- Increased asset profit up to 2%.
- Maximum deal amount $1000.
- Maximum number of simultaneously open deals (30).
- Priority Withdrawal.
- Daily Market Reviews and Financial research.
- Education materials.
Deposit $2500 to activate account type.
Platinum Account Type.
- Increased asset profit up to 4%.
- Maximum deal amount $2000.
- Maximum number of simultaneously open deals (No limit).
- Priority Withdrawal.
- Daily Market Reviews and Financial research.
- Education materials.
Deposit $5000 to activate account type.
Exclusive Account Type.
- Increased asset profit by up to 6%.
- The maximum deal amount $3000.
- The maximum number of simultaneously open deals (No limit).
- Priority Withdrawal.
- Daily Market Reviews and Financial research.
- Education materials.
Invitations only.
How to Fund Your Account in Kenya.
There are 11 easy ways to deposit money to your expert Option account in Kenya. You could use your Visa Card, MasterCard, Maestro, Yandex Money, Qiwi, Crypto, Perfect Money, Fasapay, Webmoney, Neteller or Skrill. But perhaps the only method you’d want to learn how works is the newly introduced Mpesa deposit Method.
How to Use Mpesa to Deposit Money to Your Expert Option Account.
- Login to your Expert Option Account or register here if you are new to trading. Now click on the deposit button on the top right corner of your browser and choose Mpesa.
2. Enter your Mpesa number and click continue.
3. Enter your Mpesa number again and click pay. Your number must not have a (+) sign at the beginning. In case of any difficulty in payment, just reply to the live chart pop up on your computer and you will get instant help.
4. You will get a push notification (on your phone) asking if you want to pay the specified amount to Flutterwave account number ExpertOti… Enter your Mpesa Pin to complete the transaction.
Your account will be updated instantly.
It’s that easy.
Remember, after your first deposit you won’t be able to change your deposit and withdrawal method.
More on Expert Option.
- Expert Option Kenya Review | Direct Mpesa Deposits Accepted.
- How to Use Perfect Money to Fund Your Expert Option Account in Nigeria.
- ExpertOption Review 2019 | A Beginners Guide to Profitable Trading.
- Use These Tips, Tricks, And Cheats to Win More in Expert Option.
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Tagged With : Deposit to Expert Option With Mpesa • Expert Option Mpesa • Top brokers that accept Mpesa in Kenya
Is the mpesa logo available in the mobile app?
I stopped trading with you since I can’t find mpesa to deposit money to start trading.