Online Trading Starts Here
EN /brokers/binary/view/expertoption/
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SV Swedish
TH Thai
TR Turkish
UA Ukrainian
UZ Uzbek
VI Vietnamese
ZH Chinese
5.24/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $10
Trading platform:
  • Webterminal
  • Expert Option platform
  • Mobile application
Trading features
  • Binary options trading
134
users picked this broker in 3 months
Check out the Best binary options brokers of United States
flag
ExpertOption isn't available in

Our Evaluation of ExpertOption

5.24/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

ExpertOption is a moderate-risk broker with the TU Overall Score of 5.24 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ExpertOption clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.

The Expert Option broker aims to cooperate only with those traders who prefer binary options. There are no conditions for active and passive trading in the company.

Brief Look at ExpertOption

Expert Option is a binary market broker that specializes in providing services such as binary options trading. The company has been actively operating since 2014, has more than 30 million clients, and the customers’ trust is the main indicator of its reliability. The broker is also verified by Visa and Mastercard, and all user information is encrypted with strict algorithms, which increases data security. In 2017, Shenzhen Expert Option won the Best Trading Platform award at the China Trading Expo.

Advantages of trading with ExpertOption:
  • low level of the minimum deposit, from $10;
  • options to trade both from personal computers and mobile devices.
Disadvantages of ExpertOption:
  • lack of a license to provide services and a regulatory body for the broker;
  • protracted verification procedure — up to 30 days;
  • the company does not cater to clients from countries such as the United States, Canada, Switzerland, New Zealand, North Korea, Puerto Rico, Bangladesh, Yemen, Indonesia, Singapore, Sudan, and the European Economic Area;
  • funds can be credited to the deposit within 45 days (depending on the payment system);
  • there are no conditions for active trading;
  • the company does not have investment programs;
  • the funds of the company's clients are not protected in any way.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

The Expert Option broker (ExpertOption) allows you to trade exclusively in binary options. The company's activities are not licensed or regulated, however, the ExpertOption account has more than 30 million clients, which the broker considers a sufficient indicator of reliability.

The broker provides its clients with the opportunity to participate in bonus and referral programs. The first involves acquiring additional funds for trading, the second involves the receipt of passive income. There are no other options for investing in this company. More than 20 payment systems are available for depositing and withdrawing funds.

The ExpertOption website has been translated into 15 languages. Analytical materials and training videos are available only after registration. All information on trading conditions is publicly available.

ExpertOption Summary

Your capital is at risk. CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.

💻 Trading platform: Own Expert Option platform for PC (OS: Windows, Mac), web terminal, and mobile application for Android and iOS
📊 Account types: Demo, Micro, Basic, Silver, Gold, Platinum, Exclusive
💰 Account currency: USD
💵 Deposit / Withdrawal: Available with bank cards (Visa, Visa Electron, MasterCard, Maestro), bank transfer, electronic systems (Skrill, Neteller, WebMoney, UnionPay, Perfect Money, FasaPay, and M-Pesa)
🚀 Minimum deposit: 10 USD
📈️ Min Order: The minimum investment to trade is $1
🔧 Instruments: Binary options
📱 Mobile trading: Yes
➕ Affiliate program: Yes
⭐ Trading features: Binary options trading
🎁 Contests and bonuses: Yes

ExpertOption specializes in binary options and provides clients with comfortable trading conditions. Among them, one can distinguish a low minimum deposit. Ten dollars are enough for a trader to get started, and the minimum investment in a deal is $1. The broker does not provide conditions for active trading in Forex assets or stock instruments.

ExpertOption Key Parameters Evaluation

Video Review of ExpertOption

User Satisfaction i

Score:
6.6/10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
Pro VU DIEP
9 weeks ago
Location VN Hanoi

User-friendly interface: The platform is designed to be simple and easy to use, suitable for both beginners and experienced traders. Free demo account: Allows users to practice without financial risk.

No popular trading platform: The exchange does not support the MetaTrader platform, which may be a limitation for some traders

User-friendly interface: The platform is designed to be simple and easy to use, suitable for both beginners and experienced traders.

Free demo account: Allows users to practice without financial risk.
No popular trading platform: The exchange does not support the MetaTrader platform, which may be a limitation for some traders

Avatar
Avatar
Pro ahmed mahrous
21 weeks ago
Location EG Cairo

89

11

I have been using the ExpertOption trading platform for several months now, and my overall experience has been quite positive. The user interface is intuitive and well-organized, making it easy for both beginners and advanced traders to navigate. The platform provides a variety of trading tools and real-time market data that help in making informed decisions. While there have been occasional delays in executing transactions, the customer support has been prompt in addressing any issues. I appreciate the transparency of the fees and the availability of educational resources that have improved my trading skills. Overall, ExpertOption has enhanced my trading experience by offering a comprehensive set of features that cater to diverse trading strategies. I would recommend this platform to anyone interested in exploring new opportunities in the financial market.

Avatar
Avatar
Pro hossamshadow
21 weeks ago
Location EG Cairo

Easy, fast and reliable

سهل وسريع وموثوق

Slight delay in depositing

تاخير بسيط ف الايداع

Easy to use platform Shortcomings Minor delays with customer service I've been using ExpertOption and appreciate their easy-to-use platform, especially for beginners like me from South Africa. I started with the demo and then moved on to commodities, and made some profits. I experienced a slight delay with customer service once. Overall, a positive experience

نصة سهلة الاستخدام

Shortcomings
تأخير بسيط مع خدمة العملاء

لقد كنت أستخدم ExpertOption وأقدر منصتها سهلة الاستخدام، خاصة بالنسبة للمبتدئين مثلي من جنوب أفريقيا. بدأت بالعرض التجريبي ثم انتقلت إلى السلع، وحققت بعض الأرباح. واجهت تأخيرًا بسيطًا مع خدمة العملاء مرة واحدة. بشكل عام، تجربة إيجابية

Avatar
Avatar
Pro mosala
22 weeks ago
Location EG Cairo

Excellent customer service.

Financial Constraints:

Online trading offers a dynamic way to engage with financial markets from the comfort of your home. With the right tools and knowledge, anyone can start trading assets like stocks, currencies, and cryptocurrencies. It empowers individuals to make informed decisions and manage their investments actively. However, success requires discipline, research, and a clear strategy. Be prepared to learn and adapt continuously, as market conditions fluctuate. Start your trading journey with caution, using demo accounts to build skills before risking real capital.

Avatar
Avatar
Pro mohamed shehab
22 weeks ago
Location EG Al Mansurah

I’ve been trading for a while, and I consider ExpertOption a reliable platform for online trading. Its clean and user-friendly interface makes navigation smooth and straightforward. However, one significant drawback is its restricted availability in several countries, including Russia, the USA, and much of Europe, which limits access for many traders. While this isn’t an issue for me personally, I know it poses challenges for others. Additionally, the platform offers a relatively limited range of financial instruments, which could be expanded for a more diverse trading experience.

Don't be

I’ve been trading for a while, and I consider ExpertOption a reliable platform for online trading. Its clean and user-friendly interface makes navigation smooth and straightforward. However, one significant drawback is its restricted availability in several countries, including Russia, the USA, and much of Europe, which limits access for many traders. While this isn’t an issue for me personally, I know it poses challenges for others. Additionally, the platform offers a relatively limited range of financial instruments, which could be expanded for a more diverse trading experience.

Avatar
Avatar
Pro Riyadh Islam
22 weeks ago
Location BD Dhaka

ExpertOption is an online trading platform established in 2014, specializing in binary options trading. The platform offers a user-friendly interface, making it accessible for both novice and experienced traders. Users can trade a variety of assets, including stocks, commodities, forex pairs, and cryptocurrencies.

Avatar
Avatar
Pro eman123hs
24 weeks ago
Location EG Al Mansurah

Quality products or services: Providing high-quality products or services that meet customer needs. 2. Innovation and sophistication: The ability to offer new solutions and keep up with changes in the market. 3. Excellent customer service: Providing technical support and responding quickly to customer needs and inquiries. 4. Transparency and credibility: Dealing clearly and honestly with customers and partners.

جودة المنتجات أو الخدمات: تقديم منتجات أو خدمات عالية الجودة تلبي احتياجات العملاء. 2. الابتكار والتطور: القدرة على تقديم حلول جديدة ومواكبة التغيرات في السوق. 3. خدمة العملاء الممتازة: توفير دعم فني واستجابة سريعة لاحتياجات واستفسارات العملاء. 4. الشفافية والمصداقية: التعامل بوضوح وصدق مع العملاء والشركاء.

. Poor strategic planning: Lack of a clear vision or a well thought out plan for growth and expansion. 5. High operational costs: Leading to reduced profitability and difficult price competition.

. ضعف التخطيط الاستراتيجي: غياب رؤية واضحة أو خطة مدروسة للنمو والتوسع. 5. ارتفاع التكاليف التشغيلية: مما يؤدي إلى تقليل الربحية وصعوبة المنافسة في الأسعار.

The trading platform is a powerful tool for investors, offering a user-friendly interface and multiple options for analyzing the markets. Based on my experience, the app is characterized by fast order execution and real-time market data. However, the technical support service could be better optimized to be more responsive for new users.

منصة التداول تُعتبر أداة قوية للمستثمرين، حيث توفر واجهة سهلة الاستخدام وخيارات متعددة لتحليل الأسواق. بناءً على تجربتي، التطبيق يتميز بسرعة تنفيذ الأوامر وتوفير بيانات السوق في الوقت الفعلي. ومع ذلك، قد يكون من الأفضل تحسين خدمة الدعم الفني لتكون أكثر استجابة للمستخدمين الجدد.

Score:
4.55/10

Trading Account Opening

To become an ExpertOption client and make a profit, you need to register on the broker's website. Here we will take a closer look at the registration procedure and take a tour of your account.

1

Open the broker's website, and on the main page, click on the "Free Demo" button to open a virtual account and the "Real account" button to open a real one.

Expert Option Review - Real account
Expert Option Review - Real account
Expert Option Review - Real account
2

After clicking, a window will open in which you need to enter your email address and password to enter your personal account. The broker also offers registration using a Facebook or Google account. After completing a short questionnaire, click "Open an account," after which you will be taken to your personal account.

 Expert Option Review - Open an account
Expert Option Review - Open an account

The following functions will be opened to you in your personal account:

3
1. Finance. In this section, you can fund your trading account, apply for a withdrawal of funds, and get acquainted with the history of payments. Expert Option Review - Finances
Expert Option Review - Finances
2. Trade. In this tab, you can already trade on the ExpertOption web platform. The installation of additional programs is not required. Expert Option Review - Trade
Expert Option Review - Trade
1. Finance. In this section, you can fund your trading account, apply for a withdrawal of funds, and get acquainted with the history of payments. Expert Option Review - Finances
Expert Option Review - Finances
2. Trade. In this tab, you can already trade on the ExpertOption web platform. The installation of additional programs is not required. Expert Option Review - Trade
Expert Option Review - Trade

Also, the personal account provides additional features and functions in the following sections:

  • Profile. Here you can edit your personal information, upload the documents required for verification, as well as get acquainted with your trading history, and monitor your trading turnover;

  • Applications. In this tab, the broker provides links to its applications that you can download to your PC, tablet, or smartphone;

  • Analytics. The section allows users to read the latest news, the leaderboard (social trading), as well as familiarize themselves with the trading session times for specific assets and a map of exchanges;

  • Articles. Here you can find all the training materials that ExpertOption offers, from a glossary to articles and training videos;

  • Help. In this section, a trader can contact the support service for help, learn more about ExpertOption, get acquainted with their rights, and the broker's policy.

Score:
1.08/10

Regulation and safety

Information

ExpertOption became a registered Member of The Financial Commission thanks to the company’s adherence to high standards of client service and business processes. From now on, clients of ExpertOption can rely on the insurance policy of The Compensation Fund, which guarantees coverage of up to €20 000 per client provided that a Member refuses to comply with a judgment from The Financial Commission.

Advantages

  • Many agreements which regulate the activities of the company and documents for each direction of the company's work.

Disadvantages

  • The broker does not have a license to provide financial services.
  • Clients’ funds are not protected in any way in the event of company ruin
  • No financial or exchange authority regulates ExpertOption
Score:
8.12/10

Commissions and fees

Information
Experts at the Traders Union analyzed the trading conditions in ExpertOption to reveal the hidden commission. The hidden commission was not found, and the broker does not charge a trading fee for the replenishment of a deposit or withdrawal of funds but warns that the payment system can set the commission. There is no currency conversion fee at ExpertOption.
Account type Spread (minimum value) Withdrawal commission
Micro No Can be installed by payment systems
Basic No Can be installed by payment systems
Silver No Can be installed by payment systems
Gold No Can be installed by payment systems
Platinum No Can be installed by payment systems
Exclusive No Can be installed by payment systems

We have also analyzed and compared the trading commissions in ExpertOption with the company's main competitors. The results are presented in the table below.

Broker Average commission Level
$5
High
$0
Low
$2
Medium
Score:
6.28/10

Account types

One of the advantages of the Expert Option broker is the availability of binary options. The broker offers clients a choice of 6 types of accounts designed for both beginners and professionals. Their main differences are the minimum deposit size, restrictions on the number of simultaneously open transactions, the maximum transaction amount, and the function of priority withdrawal of funds, access to analytics, and the ability to increase profit from assets.

Account types:

Account Type
Description
Micro
The minimum deposit is $10. A trader can open no more than ten trades simultaneously, and the maximum trade amount cannot exceed $10. There is no priority withdrawal, analytics, and increase in asset income;
Basic
The minimum deposit is $50. The maximum number of simultaneously open trades is 10, and each trading amount does not exceed $25. Additional features are not available;
Silver
The minimum deposit is $500. A trader can open no more than 15 transactions simultaneously, and the amount of each transaction must not exceed $250. Priority withdrawal of funds is available from additional functions;
Gold
The minimum deposit is $2500. A client can open up to 30 transactions at a time. The maximum transaction amount is $1000. Priority withdrawal and analytics are available, and asset profit increases by 2%;
Platinum
The minimum deposit is $5000. There is no limit on simultaneously open transactions. The maximum transaction amount can reach $2000. All additional features are available, and asset income increases by 4%;
Exclusive
This Account can be opened only by invitation, so the broker does not indicate the minimum deposit size. On this account, a trader can open trades in any number, but the size of each of them should not exceed $3000. Priority withdrawal, analytics, and a 6% profit increase are available.

To check the ExpertOption broker's trading conditions, but at the same time, preserve your capital, you can use a free demo account.

Score:
4.25/10

Deposit and withdrawal

  • To withdraw funds, an ExpertOption client needs to make a withdrawal request in the personal account. The money will be transferred to the trader's account after the finance department's request is processed.

  • The broker offers more than 20 ways to deposit and withdraw funds, including bank cards Visa, Visa Electron, MasterCard, Maestro, Wire Transfer, electronic systems Skrill, Neteller, WebMoney, UnionPay, Perfect Money, FasaPay, M-Pesa, and others.

  • The time for crediting money to a deposit depends on the payment system. Payments through electronic systems take from a few seconds to several days. Bank transfer payments are credited up to 45 days. Withdrawal requests are processed within two days.

  • You can replenish the deposit and withdraw funds only in USD.

  • To make transactions, the client must go through the verification procedure without fail.

Score:
6.22/10

Investment Options

Expert Option specializes in binary options. Its social trading does not allow traders to copy other people's transactions automatically, but it makes it possible to learn from more seasoned market participants. It does not have PAMM accounts. The only way to receive passive income in ExpertOption is to participate in the broker's affiliate program.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

ExpertOption affiliate program

The user makes a profit by attracting new customers. To do this, you need to create an account on the affiliate program's platform, after which the trader will have access to all marketing tools, including banners, landing pages, pop-ups, and other materials presented in 15 languages. The amount of payments varies depending on which income scheme the partner chooses.

Thanks to the active distribution of marketing materials on the network, the partner can attract new users. For each attracted referral who opens a trading account and starts trading, the partner receives payments. Their minimum amount is 5% of the referral's income.

Score:
4.98/10

Customer support

Information

If a trader encounters problems during the work or has any questions, the broker's support service is available 24/7 and is always ready to assist.

Advantages

  • 24/7 support daily

Disadvantages

  • The callback function cannot be ordered

You can contact support via:

  • email;

  • call to specified phone numbers;

  • online chat messages on the ExpertOption website.

Both a registered client (from the Personal Account) and an unregistered client can contact the support service directly from the broker's website.

Contacts

Foundation date 2014
Registration address 305, Griffith Corporate Centre, Beachmont, 1510, Kingstown, Saint Vincent and the Grenadines.
Official site expertoption.com
Contacts
+44 20 3868 3160
Score:
8.93/10

Education

Information

In addition to trading conditions, the ExpertOption broker allows traders to learn how to trade binary options and improve their knowledge in this area with the help of free training materials provided on the site.

Information available in the Analysis and Education section
Unavailable information at Expert Option site
Glossary
Webinars and seminars
Technical analysis
Training courses organized to improve the skills
Graphical analysis
 
Fundamental analysis
 
Trading psychology
 
Instructional videos
 

To test the theoretical knowledge gained, we recommend using a demo account. This will allow you to apply theory to practice and avoid financial risks.

Comparison of ExpertOption with other Brokers

ExpertOption Pocket Option Binarium Binary.com QUOTEX Binarycent
Trading
platform
Browser platform MT5, Web, Mobile Binarium Deriv Trader, MT5 Web platform, Browser platform Webterminal
Min deposit $10 $5 $5 $5 $10 $250
Trading
instruments
Stocks, indices, metals, Commodities, ETFs currency indexes, Currencies, Cryptocurrencies indexes, Forex, goods, stock, random index currency pairs / CFD, indices, Cryptocurrencies, Commodities currency
Signals No No No No Yes No
Analytical
support
Yes No No Yes No No
Training Yes No No Yes No No
Additional
tools
No Copy Trading tool No premature closing No Chat support, Copy Trading tool

Detailed Review of Expert Option

ExpertOption provides an opportunity to trade binary options in 150 countries and uses advanced technologies to make trading as comfortable as possible. The broker is continually working to protect clients' data and ensure the fastest execution of transactions.

A few figures about Expert Option that may be of interest to traders choosing a broker:

  • more than 100 trading instruments are available to the company's clients;

  • there are six types of real trading accounts and one virtual one to choose from;

  • 95% of the investment amount is the maximum profit;

  • $10 is the size of the minimum deposit;

  • more than 30 million users have opened accounts with the company.

Expert Option is a key broker for binary options trading

The goal of ExpertOption was to make trading as simple and accessible as possible for binary options traders. The broker offers accounts for clients with different experience in options trading, with a minimum deposit of $10. More than 100 assets are available to all clients, and the amount of payments reaches 95%.

ExpertOption offers its proprietary terminal for trading, which can be downloaded to a PC or smartphone; it is also possible to trade directly from the browser, from the web platform.

Useful ExpertOption’s services:

  • Social Trading is a service that allows a trader to follow the transactions of more experienced colleagues and learn from their experience. However, the service does not automatically allow copying traders' transactions;

  • Analytics (available only in the personal account). It contains information about the time of trading sessions for different instruments and daily reviews of the trading day.

Advantages:

1

a wide range of accounts for traders with any skill level;

2

intuitive trading platform;

3

the ability to trade is available from any device connected to the Internet;

4

low minimum deposit;

5

the site is presented in 15 languages;

6

simple registration procedure;

7

24/7 support service;

8

no commissions for transactions.

Latest ExpertOption News

23.01.2025
Mikhail Vnuchkov
ExpertOption offers up to 100% deposit bonus
​ExpertOption, a leading online trading platform, has introduced a new deposit bonus program, offering users the chance to significantly boost their

Articles that may help you

How To Buy/Sell On ExpertOption
ExpertOption Mobile App Review
ExpertOption Bonuses Explained
Is ExpertOption A Safe Broker?
How to Withdraw Funds From ExpertOption
ExpertOption Copy Trade Service - Can You Make Money Copy Trading?
ExpertOption Referral Program Review
How To Log Into Your ExpertOption Trading Account
ExpertOption Demo Account Review

Check out our reviews of other companies as well

Team that worked on the article

Open an account
Your capital is at risk.