Markets.com vs Expert Option
Markets.com | Expert Option |
---|---|
4.4
|
3.5
|
Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money. |
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. |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Customer Reviews | |
5
Based on 13 Expert Option customer reviews
|
|
Bonus Offer | |
100% deposit bonus | |
Comment by Reviewer | |
"Markets.com is best for active traders looking for a regulated broker with low fees and fast execution speeds of 82ms. Beginners will also enjoy the in-house platform with its user-friendly interface, clear navigation and dynamic charts." | "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." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only) | Options, Stocks, Commodities, Forex, Crypto, Futures, |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $10 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | $1 |
Regulator | |
FCA, CySEC, ASIC, FSCA, FSC | SVGFSA |
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 | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS, Android | iOS & Android |
App Review | |
Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times. |
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. |
Android App Rating | |
4.5 |
4.2 |
iOS App Rating | |
3.2 |
2.5 |
Auto Trading | |
ExpertBot | |
Copy Trading | |
No | Yes |
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 | |
No | Yes |
Trade Signals | |
Trading Insights | 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 | |
Yes | No |
Inactivity Fee | |
$10 | $50 |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
Commodities | |
CFD Trading | |
Markets.com offers a strong variety of CFD products, not only covering popular asset classes but also more interesting markets such as IPOs and Bonds. The low fees and educational resources will appeal to beginners, whilst seasoned CFD traders will appreciate the feature-rich charting platforms. | CFD trading not offered |
Leverage | |
1:30 | N/A |
FTSE Spread | |
2 pips | N/A |
GBPUSD Spread | |
1.3 pips (var) | N/A |
Oil Spread | |
0.05 | N/A |
Stocks Spread | |
4 pips | N/A |
Forex Trading | |
Markets.com offers 43 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos. | 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%. |
Forex App | |
Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times. |
|
GBPUSD Spread | |
1.3 pips (var) | Variable |
EURUSD Spread | |
0.70 pips (var) | Variable |
EURGBP Spread | |
1.0 pip (var) | Variable |
Assets | |
67 | 6 |
Cryptocurrency | |
You can open long or short positions 24/7 on 25+ popular digital currencies including Ripple, Bitcoin, Neo and Monera. Spreads on Bitcoin are around 51.13 which is uncompetitive compared to other brands, although the 1:20 leverage will offer greater exposure to the market. | 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. |
Spread | |
BTC 88.94 (USD), ETH 5 (USD) | $5 on any winning trades |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Binary options trading not offered | 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. |
Payout | |
95% | |
Expiry Times | |
60 seconds - 5 minutes | |
Ladder Options | |
No | No |
Boundary Options | |
No | Yes |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
More Comparisons | |
Markets.com vs |
Expert Option vs |