Expert Option vs Exness
Expert Option | Exness |
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3.5
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4.6
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Traders from US not accepted
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Traders from US not accepted
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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. |
Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 800,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types. |
Customer Reviews | |
5
Based on 13 Expert Option customer reviews
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4
Based on 1 Exness 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." | "Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Options, Stocks, Commodities, Forex, Crypto, Futures, | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
SVGFSA | FSA, CySEC, FCA, FSCA, FSC, CBCS, CNMV, KNF, AFM |
Margin Trading | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | Yes |
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 | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | 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 |
4.3 |
iOS App Rating | |
2.5 |
4.4 |
Auto Trading | |
ExpertBot | Expert Advisors (EAs) on MetaTrader |
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 | Yes |
Trade Signals | |
Only for Platinum and Exclusive accounts | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$50 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | Exness offers a selection of CFDs covering forex, stocks, indices, commodities and cryptos, with leverage up to 1:200. Accounts are geared mainly towards experienced day traders, with over 100 technical indicators available in the broker’s proprietary terminal. |
Leverage | |
N/A | 1:2000 |
FTSE Spread | |
N/A | 15.1 |
GBPUSD Spread | |
N/A | 0.1 |
Oil Spread | |
N/A | 1.4 |
Stocks Spread | |
N/A | 0.7 |
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%. | An impressive range of around 100 forex pairs are available, more than most other brands. Spreads on major pairs are also tight, from 0.1 pips. Additionally, the broker offers an excellent suite of forex analysis tools, including market news by FXStreet. |
GBPUSD Spread | |
Variable | 0.1 |
EURUSD Spread | |
Variable | 0.0 |
EURGBP Spread | |
Variable | 0.4 |
Assets | |
6 | 97 |
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. | There is a small range of popular crypto tokens paired with fiat currencies available, with zero swap fees and no commissions in the Standard account. Trading is available via desktop or mobile apps, and deposits via crypto are also available in some countries. Exness has also lowered its spreads on Bitcoin, appealing to active traders. |
Spread | |
$5 on any winning trades | Floating |
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. | Binary options trading not offered |
Payout | |
95% | |
Expiry Times | |
60 seconds - 5 minutes | |
Ladder Options | |
No | No |
Boundary Options | |
Yes | No |