24Option vs Expert Option

24Option vs Expert Option Comparison Table 2023
24Option Review 2023 Expert Option Review 2023
24Option Review 2023 has closed.
3.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Trade nearly 200+ global stocks at 24Option via CFDs. Spreads are competitive and stop loss and take profit orders are available. Even trade new cannabis firms in Canada!

Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Trader can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders.

Bonus Offer
100% deposit bonus
Comment by Reviewer
"Expert Option will suit aspiring traders who want to access the financial markets through a binary options broker with a very easy-to-learn bespoke platform. The user-friendly trading platform is ideal for beginners."
Pros
  • Quick, easy-to-learn and use trading platform
  • Diverse range of account currencies and 20+ accepted payment methods allows flexible funding
  • Good range of educational materials provides content for all experience levels
  • Analytical tools for higher-level accounts are a useful addition for experienced traders
  • High payouts up to 95% are above the industry average
  • Generous bonus offers available in some countries
  • No deposit and withdrawal fees
  • Low minimum deposit (just $10)
Cons
  • Small list of assets with just 100 on offer compared to 1000+ offered by some competitors
  • No traders accepted from some countries and regions including the US
  • $10/monthly inactivity fee penalizes less active traders
  • Less suitable for longer-term trading strategies
Instruments
Stocks, Digital Options, CFD, Forex, Crypto, Binary Options Options, stocks, commodities, forex, crypto, futures,
Demo Account
Yes Yes
Minimum Deposit
$250 $10
Trading Platforms
  • MT4
  • Own
Payment Methods
Minimum Trade
0.1 Lots $1
Regulator
CySec SVGFSA
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows iOS and Android
Auto Trading
ExpertBot
Copy Trading
No Yes
Copy Trading Platform
You can study and copy the positions of established VIPs to increase potential returns. Users can find master traders based on asset class and historic returns. A useful leaderboard is available to social traders.
Social Trading
No Yes
Trade Signals
Only for Platinum and Exclusive accounts
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • AED
Commodities
CFD Trading
CFD trading not offered
Leverage
1:30 (EU), 1:200 (Global)
FTSE Spread
1 pt
GBPUSD Spread
0.2 pips (var)
Oil Spread
1 pip
Stocks Spread
0.2% Var
Forex Trading
24Option deliver a high quality forex trading service, with over 45 currency pairs and variable spreads from just 3 pips. Expert Option traders can access some of the most popular forex pairs including USD/EUR, GBP/USD and GBP/EUR using binary options contracts that payout up to 95%, well above the industry average of around 85%.
GBPUSD Spread
0.2 pips (var) $5 on any winning trades + 5% on payouts
EURUSD Spread
0.2 pips (var) $5 on any winning trades + 5% on payouts
EURGBP Spread
0.9 pips (var) $5 on any winning trades + 5% on payouts
Assets
45+ 6
Cryptocurrency
24option offer crypto with the tightest margins. They also offer markets against a range of currencies, not just USD. Traders can speculate on Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) price movements using high/low binary options on a proprietary platform. These are three of the most popular cryptocurrencies on the market, but the offering lacks the variety and volatility offered by less popular tokens.
Spread
BTC 0.4%, ETH 0.5% $5 on any winning trades
Coins
  • BCH
  • BTG
  • BTC
  • ETH
  • LTC
  • XRP
  • XRM
  • BTC
  • BCH
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades. Payouts are competitive and users can speculate on rising or falling prices with one-click in the web-accessible platform. Binaries are aimed at ultra-short-term traders, ranging from 60 seconds to 5 minutes.
Payout
95%
Expiry Times
60 seconds - 5 minutes
Ladder Options
No No
Boundary Options
Yes Yes
24Option Review 2023 has closed.
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