Expert Option Overview
| Website | expertoption.com |
| Year Founded | 2014 |
| Countries of Registration | St Vincent & the Grenadines |
| Website Languages | English, Chinese (Simplified), Chinese (Traditional), Thai, Korean, Vietnamese, Arabic, Turkish, Hindi, Indonesian, Malay, Portuguese, Spanish, Russian, Tagalog, Japanese, Urdu, Bengali, French |
| Regulators | SVGFSA |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $10 |
| Account Currencies | USD |
| Spread | N/A |
| Trading Platforms | ExpertOption |
| Trading Assets | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Commodities |
Brief look at Expert Option
ExpertOption is a binary options broker launched in 2014. With a $10 minimum deposit and a proprietary web/mobile platform, it lets beginners trade 60+ assets across forex, stocks and commodities in deals from 30 seconds to 8 hours. The company is a Category A member of the Financial Commission, which provides up to €20 000 compensation in case of disputes. Although not regulated by top-tier authorities and unavailable in the US, EU and dozens of other countries, ExpertOption attracts 70 million+ clients thanks to social trading, priority withdrawals for Gold+ tiers and payouts up to 95% on successful trades.
Pros
- Low $10 entry barrier with $1 trade size
- Payouts up to 95 % on binary option contracts
- Social trading feed and copy-trade feature
- Member of the Financial Commission (€20 k protection fund)
- 24/7 multilingual live-chat support
Cons
- Not supervised by FCA, ASIC or CySEC
- Only proprietary platform – no MT4/MT5 or cTrader
- Short expiries unsuited to many strategies
- Limited education compared with larger CFD brokers
Is Expert Option available in my country?
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Expert Option doesn't accept clients from United States!
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Expert Option Reviews
I've been trading with Expert Option for a few months now. The demo account feature helped me understand the platform before I signed up. The minimum deposit is reasonable, and I've found their app to be user-friendly. Withdrawals have been timely, which is a huge plus.
3/15/2025Expert Option is a solid broker! The variety of account types is impressive, and the spreads are competitive. I also appreciate the leverage options they offer. Overall, a great platform for both beginners and experienced traders.
4/10/2025I had high hopes for Expert Option but faced some issues with the login process initially. Their platform is good, but I think they could improve their withdrawal time. The trading options are decent, but I expected more from the bonus offers.
4/25/2025I love the app from Expert Option! It's easy to download and navigate. The demo account is a great way to practice before committing. The broker has a solid reputation, and I appreciate the rebates offered on certain trades.
5/5/2025My experience with Expert Option has been positive. The trading tools available are robust. I've had no issues with deposits or withdrawals. Overall, a reliable broker with good customer service.
5/20/2025Leave a Review
Is Expert Option regulated?
| Companies | EOLabs LLC |
| Countries | St Vincent & the Grenadines |
| Regulators | SVGFSA |
| Investor Protection | FinancialCommission.org |
| Investor Protection Size | €20 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Expert Option Account Types
Expert Option does not have accounts for CFD trading.
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | Binary Options |
|---|---|
| Minimum Deposit | $10 |
| Option Types | Call/Put |
| Minimum Stake | $1 |
| Payout | from 25% to 95% |
| Expiration Time | from 30 seconds to 8 hours |
Expert Option Funding and Fees
| Base currencies | USD |
| Deposit and withdrawal methods | Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, Bank Wire, WhatsApp Pay, Google Pay, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) |
| Inactivity fee | $50 per month after 3 months |
| Interest on margin | |
| Withdrawal Fee |
Expert Option Trading Platforms and Conditions
| Trading Platforms | ExpertOption |
| Execution Speed | 80 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | N/A |
Expert Option Trading Assets
| Currencies | 17 |
| Indices | 11 |
| Stocks | 25 |
| Cryptocurrencies | 0 |
| Bonds | 0 |
| Metals | 4 |
| Energies | 1 |
| Soft Commodities | 0 |
| ETFs | 16 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Expert Option Support
| help@eo.support | |
| Telegram | Telegram |
| YouTube | YouTube |
Expert Option Alternatives
| Broker | Expert Option | Olymp Trade | IQ Option | OctaFX | Binomo | eToro |
|---|---|---|---|---|---|---|
| Type | MM | MM | MM | ECN | MM | MM, Social |
| Minimum Deposit | $10 | $10 | $10 | $25 | $10 | $200 |
| Regulators | SVGFSA | VFSC | CySEC, SVGFSA | FSC, MISA, CySEC | SVGFSA | SFSA, FCA, CySEC, ASIC, SEC |
| Platforms | ExpertOption | Olymp Trade | Quadcode | MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaTrader | Binomo | eToro |
| Spread | N/A | high | average | average | N/A | high |
| Leverage | 1:1 | 1:500 | 1:500 | 1:1000 | 1:1 | 1:30 |
| Assets | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Commodities | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities |
Is Expert Option Right for You?
ExpertOption stands out with its low $10 minimum deposit and the ability to trade over 60 assets, making it an accessible choice for beginners. The platform offers impressive payouts of up to 95% on successful trades, along with features like social trading and 24/7 multilingual support. Additionally, being a Category A member of the Financial Commission provides an extra layer of security with compensation for disputes up to €20,000. However, potential users should be aware of some significant drawbacks. ExpertOption is not regulated by top-tier authorities such as the FCA, ASIC, or CySEC, which may be a red flag for risk-averse traders. The proprietary trading platform lacks the flexibility of well-known platforms like MT4 or MT5, and its short expiries may not suit all trading strategies. Moreover, the educational resources available are limited compared to larger CFD brokers. Overall, ExpertOption is recommended for novice traders looking for an easy entry point into binary options trading, especially those interested in social trading features. However, experienced traders or those seeking a regulated environment and comprehensive educational support may want to consider alternative brokers.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
