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 Belize
Rating breakdown
- Regulation & trust2.51.6 lower than Exness (4.1)
- Assets & markets3.01.0 lower than Exness (4.0)
- Fees & costs3.30.7 lower than Exness (4.0)
- Platforms & tools2.81.1 lower than Exness (3.9)
- Accounts & banking3.80.6 lower than Exness (4.4)
- Education2.80.5 lower than Exness (3.3)
- Research3.01.3 lower than Exness (4.3)
- Customer support3.31.2 lower than Exness (4.5)
Exness’s score. Numbers show the difference.
Exness
#33 in our CFD broker rankings
Accepts traders from Belize
Rating breakdown
- Regulation & trust4.11.6 higher than Expert Option (2.5)
- Assets & markets4.01.0 higher than Expert Option (3.0)
- Fees & costs4.00.7 higher than Expert Option (3.3)
- Platforms & tools3.91.1 higher than Expert Option (2.8)
- Accounts & banking4.40.6 higher than Expert Option (3.8)
- Education3.30.5 higher than Expert Option (2.8)
- Research4.31.3 higher than Expert Option (3.0)
- Customer support4.51.2 higher than Expert Option (3.3)
Expert Option’s score. Numbers show the difference.
| Expert Option | Exness | |
|---|---|---|
| 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 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. |
| Customer Reviews | Based on 15 customer reviews | Based on 2 customer reviews |
| Trustpilot Score | – | |
| 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. ” | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” |
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| Awards | – |
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| Instruments | Digital Options on Stocks, Commodities, Forex, Crypto | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $10 (varies by account and payment method) |
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| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | $1 | 0.01 Lots |
| Regulator | – | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) |
| Margin Trading | No | Yes |
| STP Account | No | Yes |
| 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 | Yes |
| 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. | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. |
| 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. | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. |
| Social Trading | Yes | Yes |
| Trade Signals | Only for Platinum and Exclusive accounts | Signals through Trading Central |
| 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 |
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| Stock Exchanges | – | |
| Commodities | ||
| CFD Trading | ||
| Overview | CFD trading not offered | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. |
| Leverage | N/A | 1:Unlimited (via offshore entities) |
| FTSE Spread | N/A | 9.8 |
| GBPUSD Spread | N/A | 0.6 |
| Oil Spread | N/A | 0.20 |
| Stocks Spread | N/A | 0.5 (Apple Inc.) |
| 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%. | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. |
| GBPUSD Spread | Variable | From 0.0 |
| EURUSD Spread | Variable | From 0.0 |
| EURGBP Spread | Variable | From 0.0 |
| Assets | 6 | 100+ |
| 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. | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. |
| Spread | $5 on any winning trades | 10.0 (BTC/USD) |
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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 |