24Option vs Expert Option
24Option | Expert Option |
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24Option has closed.
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3.5
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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. Short-term traders 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. |
Customer Reviews | |
5
Based on 13 Expert Option customer reviews
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Bonus Offer | |
100% deposit bonus | |
Comment by Reviewer | |
"Expert Option will suit aspiring traders who want to access the financial markets through an options broker with a very easy-to-learn bespoke platform. The user-friendly day trading platform is clear and reliable." | |
Pros | |
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Cons | |
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Instruments | |
CFDs, Forex, Stocks, Cryptos | Options, Stocks, Commodities, Forex, Crypto, Futures, |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.1 Lots | $1 |
Regulator | |
CySec | SVGFSA |
Margin Trading | |
No | No |
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 & Android |
App Review | |
Expert Option has an unusual mobile trading offering in that it balances education with trading, potentially serving new traders. However, our tests reveal very basic quizzes and learning materials that barely scratch the surface of binaries. The ‘Tap Game’ is also gimmicky and does little to serve serious traders. |
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Android App Rating | |
4.2 |
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iOS App Rating | |
2.5 |
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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 |
Inactivity Fee | |
$50 | |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
CFD Trading | |
CFD trading not offered | |
Leverage | |
1:30 (EU), 1:200 (Global) | N/A |
FTSE Spread | |
1 pt | N/A |
GBPUSD Spread | |
0.2 pips (var) | N/A |
Oil Spread | |
1 pip | N/A |
Stocks Spread | |
0.2% Var | N/A |
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) | Variable |
EURUSD Spread | |
0.2 pips (var) | Variable |
EURGBP Spread | |
0.9 pips (var) | Variable |
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 | |
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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 has closed.
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More Comparisons | |
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