ExpertOption vs Binomo

Compare ExpertOption and Binomo in this side-by-side table listing each broker’s features, platforms, instruments and much more.

ExpertOption vs Binomo Comparison Table 2024
Feature ExpertOption Binomo
rating empty
rating full
3.5
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit
Summary

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.

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.

Forex Trading
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%.

Crypto Trading
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.

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.

Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.

Crypto Trading
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.

Bonus 100% deposit bonus None
Instruments Options, Stocks, Commodities, Forex, Crypto, Futures, Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $10 $10
Minimum Trade $1 $1
Expiry Times 60 seconds - 5 minutes 1 minute - 60 minutes
Ladder Binary Options No No
Boundary Binary Options Yes Yes
Payment Methods
  • Bitcoin Payments
  • FasaPay
  • Flutterwave
  • M-Pesa
  • Maestro
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • UnionPay
  • Visa
  • WebMoney
  • Wire Transfer
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
Regulator SVGFSA
Mobile Apps iOS & Android iOS and Android
Auto Trading ExpertBot BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading Yes No
Social Trading Yes No
Margin Trading No No
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView No No
Autochartist No No
eSignal No No
Trading Central No 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 No No
Market Maker No No
P2P Trading No No
Spot Trading No No
Trade Signals Only for Platinum and Exclusive accounts Yes
VPS Hosting No No
Tournaments No No
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD USD, EUR
Stock Exchanges
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Gold
  • Platinum
  • Silver
  • Gold
  • Oil
  • Silver
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
rating empty
rating full
3.5
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit

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 easy comparison table to see if ExpertOption or Binomo is best for you.