Expert Option Kenya Review for 2024 | Mpesa Accepted

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Expert Option is one of the leading online trading platforms in the world, offering over 100 assets to trade, including stocks, commodities, forex, and cryptocurrencies. It also has a user-friendly interface, advanced charting tools, and social trading features.

But what makes Expert Option stand out from other brokers in Kenya? The answer is simple: Mpesa.

Yes, you read that right. Expert Option now accepts direct Mpesa deposits and withdrawals from Kenyan traders, making it easier and faster to fund your account and cash out your profits.

In this article, we will give you a comprehensive review of Expert Option Kenya in 2024, covering everything you need to know before you start trading, such as:

  • Registration: how to register and verify your account
  • Deposit – how to deposit and withdraw money with Mpesa
  • Trading: – how to trade with Expert Option’s platform and app
  • Copy trading: – how to use signals and social trading
  • Strategies: – how to apply the best strategies and tips for success
  • Security: – how to avoid common mistakes and scams

Ready to become an expert trader with Expert Options? Let’s get started!

How to Register and Verify Your Account

How to Register and Verify Your Account

The first step to trading with Expert Option is to register and verify your account. This is a simple and quick process that only takes a few minutes. Here’s how to do it:

  1. Visit the official website of Expert Option and click on the “Register” button on the top right corner.
  2. Fill in your email address and create a password. You can also sign up with your Google or Facebook account.
  3. Check the box to agree to the terms and conditions and click on “Open Account”.
  4. You will receive a confirmation email with a link to activate your account. Click on the link and log in to your account.
  5. To verify your account, you need to provide some personal information and upload some documents. This is required by law and helps prevent fraud and money laundering. Pass the Expert Option verification process by providing: –
    • Your full name, date of birth, country, and phone number
    • A copy of your national ID card or passport
    • A copy of a recent utility bill or bank statement showing your address
  6. You can upload these documents by clicking on the “Profile” icon on the top right corner of the website and then clicking on “Verification”. You can also use the Expert Option app to scan and upload your documents using your phone camera.
  7. Once you upload your documents, they will be reviewed by the Expert Option team within 24 hours. You will receive an email notification when your account is verified.

How to Deposit and Withdraw Money with Mpesa

One of the biggest advantages of trading with Expert Option Kenya is that you can deposit and withdraw money with Mpesa, the most popular mobile money service in Kenya.

This means you don’t need to have a bank account or a credit card to fund your account or cash out your profits. You can simply use your phone number and Mpesa PIN.

Here’s how to deposit and withdraw money with Mpesa on Expert Option:

How to Deposit Money with Mpesa

  1. Log in to your Expert Option account and click on the “Deposit” button in the top right corner.
  2. Choose the amount you want to deposit. The minimum deposit is $10 (about Ksh 1,400) and the maximum deposit is $1,000 (about Ksh 140,000). You can also enter a custom amount.
  3. Choose Mpesa as your payment method and click on “Deposit”.
  4. Enter your Mpesa number that’s active and has money.
  5. Expert Option will push a notification to your phone prompting you to enter your PIN.
  6. Enter the pin to complete the deposit.
  7. Once you complete the payment, you will receive an SMS confirmation from Mpesa and an email confirmation from Expert Option. Your account balance will be updated within a few minutes.

How to Withdraw Money with Mpesa

  1. Log in to your Expert Option account and click on the “Withdrawal” button in the top right corner.
  2. Choose the amount you want to withdraw. The minimum withdrawal is $10 (about Ksh 1,400) and the maximum withdrawal depends on the amount of money your Mpesa account can hold at a time.
  3. Choose Mpesa as your withdrawal method and enter your phone number. Make sure it is the same number you used to deposit money.
  4. Click on “Withdraw Funds” and confirm your request.
  5. Your withdrawal request will be processed by the Expert Option team within 24 hours. You will receive an email notification when your request is approved.
  6. Once your request is approved, you will receive your money in your Mpesa account within a few minutes. You will also receive an SMS confirmation from Mpesa.

How to Trade with Expert Option’s Platform and App

Expert Option account types

 

Now that you have verified your account and funded it with Mpesa, you are ready to start trading with Expert Option.

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1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

You can trade with Expert Option’s web-based platform or download the Expert Option app for Android or iOS devices.

The Expert Option platform and app are designed to be easy to use and navigate, even for beginners.

You can trade over 100 assets, including stocks, commodities, forex, and cryptocurrencies, with a minimum trade amount of $1 (about Ksh 100).

Here’s how to trade with Expert Option’s platform and app:

  1. Choose an asset you want to trade on top of the screen. You can also use the search bar or the filter icon to find a specific asset or category.
  2. Choose a time frame for your trade from the list at the bottom right of the screen. You can choose from 15 seconds to 4 hours. The time frame indicates how long your trade will last before it expires.
  3. Choose an amount for your trade from the list on the right side of the screen. You can also use the plus and minus buttons to adjust the amount. The amount indicates how much money you are risking on your trade.
  4. Analyze the price movement of the asset using the chart and the indicators at the center of the screen. You can also use the tools icon to customize your chart settings and preferences.
  5. Predict whether the price of the asset will go up or down by the end of the trade duration. If you think it will go up, click on the green “UP” button. If you think it will go down, click on the red “DOWN” button.
  6. Wait for your trade to expire and see the outcome. If your prediction is correct, you will win a percentage of your trade amount as profit. If your prediction is wrong, you will lose your trade amount as loss.
  7. You can view your trading history and balance at the bottom of the screen. You can also use the menu icon on the top left corner to access other features and settings.

How to Use Signals and Social Trading

Tips, tricks and cheats for winning consistently on Expert Option

Expert Option provides two features that can help you improve your trading results: signals (trends) and social trading.

Signals are alerts or recommendations that tell you when to enter or exit a trade based on certain criteria.

Social trading on the other hand is a feature that allows you to copy or follow other traders on the platform.

Here’s how to use signals and social trading on Expert Option:

How to Use ExpertOption Signals

  1. Log in to your Expert Option account and click on the “trends” button on the left side of the screen.
  2. You will see a list of signals for different assets. Choose what you want and trade in that direction.

How to Use Social Trading

  1. Log in to your Expert Option account and click on the “Social Trading” button on the left side of the screen.
  2. You will see a list of top traders on Expert Option, as well as their statistics, such as profit, win rate, number of followers, etc. You can also filter the traders by asset type, time frame, and profit.
  3. To use the social trading feature, simply “Copy” the direction of your favorite trader and wait for results.

Both signals and social trading can help you save time and effort in analyzing the market and making trading decisions. They can also help you learn from other traders and improve your own skills and strategies.

However, keep in mind that signals and social trading are not 100% accurate or guaranteed. T

hey are based on past performance and do not reflect future results. Therefore, it is important to always do your own research and use proper risk management when using these features.

How to Apply the Best Strategies and Tips for Success in Expert Option

To trade like a pro on Expert Option Kenya, you need to have a clear strategy and follow some tips for success.

And what is a strategy?

A strategy is a set of rules or guidelines that tell you when to enter or exit a trade based on certain conditions.

A tip on the other hand is a piece of advice or suggestion that can help you improve your trading performance.

Types of trading strategies

There are many types of strategies and tips that you can use on Expert Option, such as trend-following, breakout, reversal, scalping, swing, etc.

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Each strategy and tip has its own advantages and disadvantages, as well as suitability for different market conditions and time frames.

To choose a strategy and tip that works for you, you need to consider your trading goals, personality, style, and risk appetite.

For example, if you are a patient and cautious trader who prefers long-term trades with low risk and high reward, you might want to use a trend-following strategy and tip.

On the other hand, if you are an aggressive and impulsive trader who likes short-term trades with high risk and high reward, you might want to use a scalping or breakout strategy and tip.

You can also combine different strategies and tips or create your own custom strategy and tip based on your experience and preferences. However, whatever strategy and tip you choose, make sure that you test it thoroughly before using it with real money.

You can use the demo account or backtesting tools to evaluate your strategy’s and tip’s performance and optimize their parameters.

Here are some examples of strategies and tips that you can use on Expert Option Kenya:

1). Trend-Following Strategy and Tip

Expert Option trend following indicator

A trend-following strategy is a type of strategy that involves trading in the direction of the dominant trend.

And what is a trend?

A trend is the general direction in which the price of an asset is moving over a period of time.

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  • Start trading with $1
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  • $10 minimum withdrawal

There are three types of trends: uptrend (when the price is making higher highs and higher lows), downtrend (when the price is making lower highs and lower lows), and sideways trend (when the price is moving within a range).

A trend-following strategy can help you identify the best entry and exit points for your trades.

You can also use your trend-following strategy to determine your trading bias.

To apply a trend-following strategy on Expert Option Kenya, you need to:

  1. Identify the dominant trend on the daily chart using various tools and indicators such as trend lines, moving averages, Bollinger bands, MACD, RSI, etc.
  2. Trade in the direction of the dominant trend on the lower time frames (such as 4-hour or 1-hour) using signals or social trading.

A trend-following tip is to use multiple time frame analyses to confirm the trend direction and strength.

For example, if you see an uptrend on the daily chart, you might want to look for buy signals or copy buy traders on the 4-hour or 1-hour charts.

Conversely, if you see a downtrend on the daily chart, you might want to look for sell signals or copy sell traders on the 4-hour or 1-hour charts.

2). Breakout Strategy and Tip

Breakout trading strategy

A breakout strategy is a type of strategy that involves trading when the price of an asset breaks out of a consolidation or range.

And what is a consolidation?

A consolidation or range is a period of time when the price of an asset moves within a narrow band without making significant highs or lows.

A breakout strategy can help you capture large price movements that occur after periods of low volatility or indecision.

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1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

You can also use it to trade major news events or market sentiment changes that cause sudden price spikes or drops.

To apply a breakout strategy on Expert Option Kenya, you need to:

  1. Identify a consolidation or range on the chart using tools and indicators such as horizontal lines, support and resistance levels, Bollinger bands, etc.
  2. Wait for the price to break out of the consolidation or range with a strong candlestick or signal.
  3. Trade in the direction of the breakout with a high trade amount and a short time frame (such as 15 seconds or 1 minute).
  4. Wait for the trade to close, either in profits or a loss of your invested capital.

Breakout tip

Use volume analysis to confirm the breakout’s validity and strength.

For example, if you see a high volume spike accompanying the breakout, it means that there is a lot of buying or selling pressure behind the move, and the breakout is likely to continue.

On the other hand, if you see a low volume spike accompanying the breakout, it means that there is not much interest or momentum behind the move, and the breakout is likely to fail or reverse.

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Visit Website.
Features
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1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

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If there’s one thing I can confidently speak about from a wealth of personal experience, it’s the world of business. By working in various business fields over time, and starting ….

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Business Ideas in Venezuela

Top 10 Profitable Business Ideas for South America.

Let me guess, you want to leave full-time employment to concentrate on your own stuff. But despite being sure that you want to start your own small business in 2024, ….

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How to make money in Kenya without capital: Become a TikToker.

Top 10 Online Jobs In Kenya That Pay $10k+ Per Month

If you are looking for online jobs in Kenya, then this article is for you. Here are the top 10 online jobs in Kenya that you can do to earn ….

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Selling NFTs

Top 10 NFTs to Buy to Get Rich in 2024

The price of NFTs is continuing to rise as more and more people flock to the crypt0 space. It’s only a matter of time before we see another BTC-like explosion ….

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Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

In this article, we are going to look into the top 10 multilevel marketing businesses that are trending in Kenya. But before that, confession time. I have no affiliation with ….

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Most profitable business ideas 2022

Top 10 Most Profitable Business Ideas in Kenya, 2024

Starting a business isn’t always an easy thing to do. Why? Because there are a lot of things involved before you can open your doors for business. Some of these ….

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Cash apps to try in 2022

Top 10 Make Money And Earn Cash Apps To Try In 2024

If you are looking for some ways to make more money in 2024, then this list of apps is perfect for you. There are so many options out there, but ….

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How much is Kenyans.co.ke worth

Top 10 Kenyan Bloggers Making Ksh. 1M Monthly Blogging

Last year May — if you gave me an option to choose between full time employment and blogging I’d have picked full time employment without thinking twice. That’s because blogging ….

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Boda Boda Business Ideas in Kenya - Businesses That Will Make Money

Top 10 Businesses That Will Make You Money in Kenya in 2024

There is no denying that for 90% of new businesses in Kenya, the sole objective of starting a business is to make money. But, what if you started a business ….

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Best Telegram Channel for Forex

Top 10 Best Forex Channels For Telegram Signals

Telegram is a popular messaging app that allows users to send and receive messages, photos, videos, and other files. It also has a feature called channels, which are groups where ….

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Affiliate marketing Korea

Top 10 Affiliate Marketing Sites And Networks to Join in Korea

There are many Affiliate Marketing sites out there, but which are the best to join to make money in Asia in 2023? We have compiled a list of the top ….

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Best trading books for 2020

Top 10 ‘How to Make Money Books’ to Read in 2023.

If you care about your Finances, you must have found yourself reading a book or two on the same topic. Leaders read and if you have to lead as concerns ….

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Download TikTok

To The People Who Still Won’t Download TikTok, What’s Your Reason?

There are some people who still refuse to download TikTok, and we’re not sure why. This app is one of the most popular social media platforms in the world, and ….

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What are NFTs?

Tips for Investing in Cryptocurrencies – 5 Top Cryptos to Consider in 2024

The cryptocurrency market has experienced enormous growth over the past decade, and it is set to expand to new heights in 2024. There are thousands of options for crypto investors, ….

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earn money by chatting with strangers

TikToker, Earns $7,000 Chatting Men, Recommends ToChat

Earn money by chatting with strangers. Before this post, did you know that such a thing even existed? Well, while the notion might raise eyebrows, you can indeed make money ….

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Post Your First Video on TikTok

TikTok Business Ideas for Beginners for 2024

This blog post is all about TikTok business ideas for 2024. If you’re just getting started with TikTok and you’re not sure what kind of business you want to create, ….

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Creating engaging videos on TikTok - Download TikTok

TikTok Business For Beginners – How to Build an Audience with TikTok

Are you looking to grow your TikTok account? If so, you’re in luck! In this blog post, we will discuss some tips and tricks that will help you grow your ….

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Personal computer and smartphone repair services in Malaysia

The Ultimate Guide to Growing a Finance Blog

The world of finance has a lot of moving parts and is in a constant state of flux. The advice you share on your blog today may not remain relevant ….

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Popcorn business in Kenya

The Ultimate Guide for Starting a Popcorn Business

You are on the street walking around and your attention is caught by a Popcorn vendor outside some shopping mall. You can’t resist the urge to go get a packet, ….

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The One on One Guide of Options Trading

It hurts, doesn’t it? You opened an Options Trading account hoping to become rich overnight. You invested a lot of money in your first trade and lost. Invested more in ….

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Selling NFTs

The Most Profitable Ways to Make Money Selling NFTs

Recently, the crypto community has been swept up in a frenzy over Non-Fungible Tokens (NFTs). But what are they and why should you also want to get one? NFTs are ….

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The Best Forex And Options Trading Apps of 2023

There are a number of ways you can make money in 2023. Broadly, you can choose to be employed or be self-employed. I usually have a problem with that part ….

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Play to earn crypto games - Earn free NFTs

The 3 Best Play-to-Earn Crypto Games in 2024

Do you ever wish that your childhood dream of becoming a billionaire could actually become a reality? If you are reading this, the answer is probably yes. The idea of ….

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The 10 Best Online Trading Courses for 2022.

The 10 Best Online Trading Courses for Brazil

To be successful in online trading, it is important to have the right training and education. But which online trading academy is best for online trading lessons? Is it one ….

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Tahsin A. from Bangladesh became Trader of the week on Quotex platform, he earned $42 711!

Tahsin A. Earns $42 711! Becomes Trader of the week on Quotex

Are you ready to be inspired by a remarkable trading journey? In this exclusive interview, we share the story of Tahsin A., a dedicated trader hailing from Bangladesh, who today ….

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Suna west mp Peter Masara attacks Migori Governor over hoodwink projects within the county

Suna West MP Peter Masara Attacks Migori Governor Over Hoodwink Projects Within the County

Suna West Member of Parliament Peter Masara has again outrightly called out the governor of Migori County and his administration for the misappropriation of funds and underdevelopment evident in the ….

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What causes stocks to change

Stocks Trading for Beginners: Buy Your First Stock Price on Olymp Trade.

Are you looking for a guide on how to trade stocks on Olymp Trade? You’ve come to the right place! In this blog post, we will walk you through the ….

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Starting a Business for 10K

Starting a Business for 10K | Low Cost Businesses to Try in 2024

Can you start a small successful business with 10K? Of course, you can! And nothing should hold you back in 2024. Not capital. Not lack of business ideas. And certainly ….

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eCommerce business

Start an eCommerce Business in Kenya With Ksh. 1,599

What’s the most unique business that I can start in Kenya to enjoy profits & monopoly for at least one year! Any ideas? An eCommerce Business? There isn’t a single ….

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Tiara and Toppers - Start a small bakery business in Kenya

Start a Small Bakery and Earn 2,000/= Daily Baking Cakes from Home

Which is the most profitable business that I can start with almost no capital to earn Ksh. 2,000 daily in 2024? How about you start a small bakery at home! ….

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Start a Beauty Shop With Ksh. 2K to Make 5K= Daily

Starting a beauty shop with a limited budget is indeed a smart move, especially considering the potential for profitability in the cosmetics industry. Let’s delve deeper into the insights provided ….

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Spectre.ai Affiliate

Spectre.ai Affiliate Program. Earn Up to $3,650 For 10 Traders

This is for you if you want to start making money in Forex, crypto, digital options, or EPIC without trading. This is for you if you want to be a ….

1 comment
Uhanya beach in Bondo

Sorrow as Epileptic Man Drowns in Uhanya While Taking a Bath

Sorrow in Uhanya village as a 26-year-old man drowned and died in Uhanya Beach Bondo Siaya county. This sad turn of events happened on Tuesday at 6 pm as the ….

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Small scale business ideas

Small Scale Business Ideas for New Entrepreneurs

Are you looking for small scale business ideas that you can start now or in the next five years? If so, you have come to the right place. In this ….

1 comment
Skillshare affiliate - Learning, Online Learning

Skillshare Affiliate | How to Make $100 With Your Phone Today.

What are you currently using your phone for? Posting photos on Instagram? Posting videos on TikTok? Or just to view status stories on Facebook? Did you know that you could ….

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4 Responses to “Expert Option Kenya Review for 2024 | Mpesa Accepted”

  1. I have same problem mpesa option for depositing money to start trading is not there.coinsidentally, in withdrawal it’s there have tried all options for help invain.On trying to to edit my profile the field am supposed to fix the mobile mpesa no is not active nothing can be typed.

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