Expert Option vs Binary.com

Expert Option vs Binary.com Comparison Table 2023
Expert Option Binary.com
3.5
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms.

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 trading platform is clear and reliable." "Binary.com (now Deriv) is a great pick for beginners and advanced traders interested in short-term trading with multipliers and leveraged CFDs. The broker is also a leader in synthetic indices which simulate real market movements and are available around the clock."
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)
  • Access to a range of interesting markets, including Deriv's proprietary synthetic indices which are derived from simulated markets
  • Strong global reputation with decades of experience in the trading industry
  • Beginners can practise strategies in the demo account with unlimited virtual funds
  • Instant deposit methods with minimum funding as low as $5
  • Variety of risk management tools including trading limits and self-exclusion protocols
  • Responsive 24/7 customer support via live chat, telephone, email or WhatsApp
  • Sign up for a CFD or Multiplier account in minutes
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
  • Limited regulatory oversight
  • DTrader platform only available via web browser
  • Narrow range of instruments vs other brokers
Awards
  • Best Binary Options Broker 2019 - DayTrading.com
Instruments
Options, stocks, commodities, forex, crypto, futures, Stocks, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Trading Platforms
  • Own
  • MT5
Payment Methods
Minimum Trade
$1 $1
Regulator
SVGFSA MGA, SC
Margin Trading
Yes 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 and Android iOS, Android
Auto Trading
ExpertBot Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Copy Trading
Yes No
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
Yes No
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
  • USD
Commodities
CFD Trading
CFD trading not offered Deriv's CFD offering includes 38 forex pairs, 58 stocks, seven indices, 31 crypto pairs and 16 indices, with variable leverage up to 1:30 and tight spreads. The broker also offers CFDs on four synthetic indices, which allow 24/7 trading on customisable levels of volatility, and they are not available elsewhere.
Leverage
1:1000
FTSE Spread
1 pt var
GBPUSD Spread
1 pip var
Oil Spread
3 pips var
Forex Trading
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%. Deriv traders can speculate on 38 major and minor pairs via CFDs on MT4 or 14 majors with the broker's 'multiplier' derivatives via the proprietary trading terminal. This is a decent range of currencies compared to many alternatives.
GBPUSD Spread
$5 on any winning trades + 5% on payouts 1 pip var
EURUSD Spread
$5 on any winning trades + 5% on payouts 0.5 pip var
EURGBP Spread
$5 on any winning trades + 5% on payouts 1 pip var
Assets
6 45+
Cryptocurrency
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. Deriv's 31 crypto CFDs are traded in pairs with USD and leverage up to 1:2. Multipliers are available on the BTC/USD and ETH/USD pairs. We like that crypto traders also get access to the powerful MT5 platform.
Spread
$5 on any winning trades BTC 2%, ETH 3%
Coins
  • BTC
  • BCH
  • ETH
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
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. Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector.
Payout
95% 91%
Expiry Times
60 seconds - 5 minutes
Ladder Options
No Yes
Boundary Options
Yes Yes
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Expert Option
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