Summary
Neither ExpertOption nor Binomo accepts traders from United States. See the brokers that accept you →
ExpertOption
Not available in United States
- Min deposit
- $10
- Max payout
- 86%
| ExpertOption | Binomo | |
|---|---|---|
| Overview | ||
| Summary | Expert Option is an offshore broker providing a simple, intuitive trading platform. Short-term traders can trade 100 popular assets using binary options contracts with up to 95% payouts. Free educational resources and market data are available for higher-tier account holders. Expert Option is a popular binary options broker offering access to 100 assets with a $5 fee on winning trades. Payouts are competitive, and users can easily speculate on price changes through the web platform. Options are designed for very short-term trading, from 60 seconds to 5 minutes. Forex trading: Expert Option traders can access popular forex pairs like USD/EUR, GBP/USD, and GBP/EUR with binary options contracts that provide payouts up to 95%, which is higher than the average of about 85%. Crypto trading: Traders can speculate on Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) price movements using high/low binary options on a proprietary platform. While these are popular cryptocurrencies, the platform lacks the variety and volatility of less common tokens. | Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex trading: Binomo offers a competitive range of currencies from majors like EUR/USD to exotics like EUR/MXN. With contract times of 1 minute to 1 hour, this broker suits short-term forex binary options traders. Crypto trading: Binomo provides 24/7 fixed-time trading on a limited number of major cryptocurrencies, such as Bitcoin. This is much less than platforms like Focus Option, which offers over 80 digital tokens. |
| Instruments | Digital Options on Stocks, Commodities, Forex, Crypto | Fixed Time Trades |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $10 |
| Minimum trade | $1 | $1 |
| Max payout | 86% | 90% 99% via Dynamic Range Trading for VIPs |
| Expiry times | 5 seconds - 24 hours | 1 minute - 60 minutes |
| Ladder options | No | No |
| Boundary options | Yes | Yes |
| Platforms & tools | ||
| Mobile apps | Android, iOS via mobile web trader | iOS & Android (plus APK) |
| Mobile trading | Expert Option's mobile trading provides basic education and trading for beginners. Our tests show its quizzes and learning materials offer minimal insights into binary options. The 'Tap Game' is also not useful for serious traders. | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Copy trading | Yes | Yes |
| Social trading | Yes | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | Only for Platinum and Exclusive accounts | Yes |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Bitcoin Payments, FasaPay, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Visa, WebMoney, Wire Transfer | Credit Card, Doku Wallet, Google Pay, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill |
| Account currencies | USD | USD, EUR |
| 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 |
| Islamic account | No | No |
| Negative balance protection | No | No |
| Market maker | No | No |
| Margin trading | No | No |
| Tournaments | No | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | – | Dow Jones, Nasdaq, New York Stock Exchange |
| Commodities | Gold, Platinum, Silver | Gold, Oil, Silver |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | No | No |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | Variable | – |
| Forex EURUSD spread | Variable | – |
| Forex EURGBP spread | Variable | – |
| Forex assets | 6 | 19 |
| Crypto trading | Yes | Yes |
| Crypto spread | $5 on any winning trades | – |
| Crypto coins | BCH, BTC, ETH | ADA, BCH, BTC, LTC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is ExpertOption or Binomo better?
Overall we have rated ExpertOption (70%) higher than Binomo (67%), but there are additional factors to take into consideration. For example, does ExpertOption accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our comparison table to see if ExpertOption or Binomo is best for you.
