Your capital is at risk. Trade only with funds you can afford to lose.
Expert Option
#12 in our binary options broker rankings
Accepts traders from Argentina
Rating breakdown
- Regulation & trust2.52.1 lower than AvaTrade (4.6)
- Assets & markets3.01.5 lower than AvaTrade (4.5)
- Fees & costs3.30.7 lower than AvaTrade (4.0)
- Platforms & tools2.81.5 lower than AvaTrade (4.3)
- Accounts & banking3.80.5 lower than AvaTrade (4.3)
- Education2.81.7 lower than AvaTrade (4.5)
- Research3.01.3 lower than AvaTrade (4.3)
- Customer support3.31.0 lower than AvaTrade (4.3)
AvaTrade’s score. Numbers show the difference.
AvaTrade
#2 in our CFD broker rankings
Accepts traders from Argentina
Rating breakdown
- Regulation & trust4.62.1 higher than Expert Option (2.5)
- Assets & markets4.51.5 higher than Expert Option (3.0)
- Fees & costs4.00.7 higher than Expert Option (3.3)
- Platforms & tools4.31.5 higher than Expert Option (2.8)
- Accounts & banking4.30.5 higher than Expert Option (3.8)
- Education4.51.7 higher than Expert Option (2.8)
- Research4.31.3 higher than Expert Option (3.0)
- Customer support4.31.0 higher than Expert Option (3.3)
Expert Option’s score. Numbers show the difference.
| Expert Option | AvaTrade | |
|---|---|---|
| Overview | 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. | Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience. |
| Customer Reviews | Based on 15 customer reviews | Based on 7 customer reviews |
| Trustpilot Score | – | |
| Bonus Offer | 100% Deposit Bonus | – |
| Promotions | – | |
| Comment by Reviewer | “Expert Option suits global traders thanks to its wide range of 20+ payment methods and accessible starting deposit. It’s also a particularly good fit for crypto traders thanks to its Altcoin Index, which provides a view on the direction of the crypto market without Bitcoin. ” | “AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.” |
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| Awards | – |
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| Instruments | Digital Options on Stocks, Commodities, Forex, Crypto | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $100 |
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| Minimum Trade | $1 | 0.01 Lots |
| Regulator | – | ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct) |
| Margin Trading | No | Yes |
| STP Account | No | Yes |
| ECN Account | No | No |
| DMA Account | No | No |
| MAM Account | No | Yes |
| PAMM Account | No | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | No | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | No | Yes |
| Mobile Apps | Android, iOS via mobile web trader | 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. | AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that's not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that's rare to find elsewhere. |
| Android App Rating | ||
| iOS App Rating | – | |
| Auto Trading | – | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | ExpertOption doesn’t offer fully automated copy trading, but through its user-friendly Social Trading feature which we tested and which you can access from one click in the platform, you can browse its community of traders in real-time. You can check their assets, deals, and returns, and then run your own analysis and replicate their trades if it aligns with your style and wallet management. Note that if you copy their trades at a different time, in different market conditions, the outcome may be different. | AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite. |
| Social Trading | Yes | Yes |
| Trade Signals | Only for Platinum and Exclusive accounts | Yes |
| 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 | $50 |
| Islamic Account | No | Yes |
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| Stock Exchanges | – | |
| Commodities | ||
| CFD Trading | ||
| Overview | CFD trading not offered | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. What we love is that you can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools to help you discover short-term trading opportunities. |
| Leverage | N/A | 1:30 (Retail) 1:400 (Pro) |
| FTSE Spread | N/A | 0.5 |
| GBPUSD Spread | N/A | 1.5 |
| Oil Spread | N/A | 0.02 |
| Stocks Spread | N/A | 0.13 |
| Forex Trading | ||
| Overview | 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%. | AvaTrade delivers 50+ currency pairs with tight spreads from 0.9 pips and zero commissions. Trade majors, minrs, and exotics 24/5 on leading forex platforms, notably MT4, with sophisticated charting tools and forex education to sharpen your edge, including a dedicated guide to 'Currency Trading'. |
| GBPUSD Spread | Variable | 1.5 |
| EURUSD Spread | Variable | 0.9 |
| EURGBP Spread | Variable | 1.5 |
| Assets | 6 | 50+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | 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. | Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a growing range of digital currencies including Bitcoin, Ethereum and Ripple, plus more unusually, a crypto index for diversified exposure. You can also access competitive crypto spreads in the broker's three platforms as well as 1:2 leverage. |
| Spread | $5 on any winning trades | BTC <1%, ETH 2% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | 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. | Binary options trading not offered |
| Payout | 86% | – |
| Expiry Times | 5 seconds - 24 hours | – |
| Ladder Options | No | No |
| Boundary Options | Yes | No |