Your capital is at risk. Trade only with funds you can afford to lose.
Expert Option
#13 in our binary options broker rankings
Accepts traders from FG
Rating breakdown
- Regulation & trust2.5
- Assets & markets3.0
- Fees & costs3.3
- Platforms & tools2.8
- Accounts & banking3.8
- Education2.8
- Research3.0
- Customer support3.3
Binary.com
Binary.com has closed.
| Expert Option | Binary.com | |
|---|---|---|
| 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. | 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. |
| Customer Reviews | Based on 15 customer reviews | – |
| Bonus Offer | 100% Deposit Bonus | – |
| 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. ” | “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.” |
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| Cons |
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| Awards | – |
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| Instruments | Digital Options on Stocks, Commodities, Forex, Crypto | CFDs, Forex, Stocks, Cryptos |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $5 |
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| Payment Methods | ||
| Minimum Trade | $1 | $1 |
| Regulator | – | MGA, SC |
| 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 | 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. | Deriv GO, previously the Binary.com app, offers an easy-to-use interface and various trading instruments, including 24/7 trading in both standard and unique market-simulating indices. It stands out with its fast and reliable chat support, a rare find among competitor apps, providing essential help for new traders. |
| Android App Rating | ||
| iOS App Rating | – | |
| Auto Trading | – | Binary.com offer a self build robot feature to design, test and implement automated trading strategies |
| Copy Trading | Yes | No |
| 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. | – |
| 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 |
| Inactivity Fee | $50 | – |
| Islamic Account | No | No |
| Account Currencies |
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| Commodities | – | |
| CFD Trading | ||
| Overview | 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 | N/A | 1:1000 |
| FTSE Spread | N/A | 1 pt var |
| GBPUSD Spread | N/A | 1 pip var |
| Oil Spread | N/A | 3 pips var |
| Stocks Spread | N/A | – |
| 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%. | 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 | Variable | 1 pip var |
| EURUSD Spread | Variable | 0.5 pip var |
| EURGBP Spread | Variable | 1 pip var |
| Assets | 6 | 45+ |
| 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. | 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% |
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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.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 | 86% | 91% |
| Expiry Times | 5 seconds - 24 hours | – |
| Ladder Options | No | Yes |
| Boundary Options | Yes | Yes |
Binary.com has closed.