Templer FX vs Expert Option
| Templer FX Review 2023 | Expert Option Review 2023 |
|---|---|
2
|
3.5
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders. |
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. |
| Bonus Offer | |
| $30 No Deposit Welcome Bonus | 100% deposit bonus |
| Comment by Reviewer | |
| "Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners." | "Expert Option will suit aspiring traders who want to access the financial markets through a binary options broker with a very easy-to-learn bespoke platform. The user-friendly trading platform is ideal for beginners." |
| Pros | |
|
|
| Cons | |
|
|
| Instruments | |
| Forex, CFDs, indices, shares, metals, energies, cryptocurrencies | Options, stocks, commodities, forex, crypto, futures, |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $10 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| FSA | SVGFSA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | 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 | |
| Yes | No |
| Mobile Apps | |
| iOS, Android, Blackberry | iOS and Android |
| Auto Trading | |
| Yes | 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 | |
| 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 | |
| Yes | No |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions. | CFD trading not offered |
| Leverage | |
| 1:2000 | |
| FTSE Spread | |
| 1.0 | |
| GBPUSD Spread | |
| 0.8 | |
| Oil Spread | |
| 2.0 | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers. | 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%. |
| GBPUSD Spread | |
| 0.8 | $5 on any winning trades + 5% on payouts |
| EURUSD Spread | |
| 0.5 | $5 on any winning trades + 5% on payouts |
| EURGBP Spread | |
| 1.1 | $5 on any winning trades + 5% on payouts |
| Assets | |
| 32 | 6 |
| Cryptocurrency | |
| Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC. | 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 | |
| Floating | $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 |
|
|
|
| More Comparisons | |
|
Templer FX vs |
Expert Option vs |