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BinaryChooser

Expert Option alternatives

BinaryChooser

By Platform research for Asian markets

Expert Option logo

Expert Option · 3.7/5 · Lowest deposit $10 · Read the review

Why traders leave Expert Option

  • No government licence
  • Fewer instruments than the leaders
  • Better payouts reserved for bigger deposits
  • Dormant account fee after a quiet period
  1. Pocket Option logo

    1. Pocket OptionOur pick

    4.1/5

    When it fits better

    Pick it for a USD 5 entry point and copy trading built into the platform.

    Lowest deposit
    $5 vs $10
    Top payout
    92% vs 90%
    Good for
    Very small first deposits and copying other traders
    Compare in full with Expert Option
    Pocket Option trading screen
    The trading screen: asset, timer, stake and the payout shown before you trade (+67% on BNB OTC here).

    Pocket Option and Expert Option by the numbers

    —Pocket OptionExpert Option (what you use now)
    Lowest deposit$5$10
    Lowest trade$1$1
    Top payout92%90%
    Win rate to break even52.1%52.6%
    Smallest withdrawal$10$10
    Practice balance$50,000$10,000
    What you can trade100+~100
    Trade durations3 seconds – 4 hours5 seconds – 24 hours
    Pay-out speedTypically 1–3 working days; crypto often quicker (user reports)Within 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score4.1/53.7/5

    What Pocket Option adds

    • Platform and apps: 4.7 vs 4.3
    • Costs and minimums: 4.8 vs 4.1
    • Payment options: 4.6 vs 4.2
    • Support: 4.2 vs 3.9
    • Contests
    • Markets where Pocket Option accepts you and Expert Option doesn't: 1

    What you lose

    • iPhone app
    • Markets where Expert Option accepts you and Pocket Option doesn't: 1

    What we think of Pocket Option

    Where it accepts you, Pocket Option is the easiest place to begin: small minimums, a tidy platform and useful copy trading. The price is weak oversight and public warnings, so deposit little and try a withdrawal early.

    Not for you if: You want a regulator behind your money, or contests make you trade too much

    More Pocket Option screenshots

    Pocket Option home page
    Pocket Option's home page with the sign-up form and the free demo link.
    Pocket Option copy trading
    Copy trading: one trader's public stats and the 24-hour leaderboard, with names and IDs blurred.
  2. IQ Option logo

    2. IQ Option

    4.0/5

    When it fits better

    Pick it for the most complete charts, a desktop app and digital options.

    Lowest deposit
    $10 vs $10
    Top payout
    95% vs 90%
    Good for
    Experienced traders who want detailed charts and a desktop app
    Compare in full with Expert Option
    IQ Option trading platform
    The IQ Option trading screen: asset, timer, stake and the payout before you trade.

    IQ Option and Expert Option by the numbers

    —IQ OptionExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout95%90%
    Win rate to break even51.3%52.6%
    Smallest withdrawal$2$10
    Practice balance$10,000$10,000
    What you can trade300+~100
    Trade durations60 seconds – 1 month5 seconds – 24 hours
    Pay-out speedUp to 3 working days, often lessWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score4.0/53.7/5

    What IQ Option adds

    • Platform and apps: 4.8 vs 4.3
    • Support: 4.2 vs 3.9
    • Contests
    • Desktop app
    • More to trade: ETFs
    • Markets where IQ Option accepts you and Expert Option doesn't: 1

    What you lose

    • Copy trading
    • Demo with no sign-up
    • More ways to pay: Crypto

    What we think of IQ Option

    IQ Option has the best technology and apps here. Remember that in Asia you deal with an unregulated company and that the brand is on Singapore's and India's alert lists: strong platform, weak protection.

    Not for you if: You trade rarely (dormant fee) or withdraw several times a month

    More IQ Option screenshots

    IQ Option home page
    IQ Option's home page with sign-up and the free demo.
    IQ Option deposit page
    IQ Option's deposit screen with payment methods and minimum amounts.
  3. Olymp Trade logo

    3. Olymp Trade

    3.9/5

    When it fits better

    Pick it for a long-running platform and a company registered in Vanuatu.

    Lowest deposit
    $10 vs $10
    Top payout
    93% vs 90%
    Good for
    Traders who want a mature app and a registered company
    Compare in full with Expert Option
    Olymp Trade platform
    Olymp Trade's trading screen: asset, timer, stake and payout before you trade.

    Olymp Trade and Expert Option by the numbers

    —Olymp TradeExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout93%90%
    Win rate to break even51.8%52.6%
    Smallest withdrawal$10$10
    Practice balanceYes$10,000
    What you can trade100+~100
    Trade durations5 seconds – 23 hours5 seconds – 24 hours
    Pay-out speedDepends on account level and method; higher levels firstWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.9/53.7/5

    What Olymp Trade adds

    • Costs and minimums: 4.4 vs 4.1
    • Support: 4.2 vs 3.9
    • Contests
    • Markets where Olymp Trade accepts you and Expert Option doesn't: 1

    What you lose

    • Copy trading
    • Demo with no sign-up

    What we think of Olymp Trade

    Olymp Trade is just behind the leading three: a mature platform and better documentation than most offshore rivals, with the usual offshore limits on protection.

    Not for you if: You need a strong regulator or live in India

    More Olymp Trade screenshots

    Olymp Trade home page
    Olymp Trade's home page with sign-up and the free demo.
    Olymp Trade deposit page
    Olymp Trade's cashier with payment methods and minimums.
  4. Binomo logo

    4. Binomo

    3.7/5

    When it fits better

    Pick it for frequent contests and a USD 10 start with many local payments.

    Lowest deposit
    $10 vs $10
    Top payout
    90% vs 90%
    Good for
    Beginners who enjoy contests and small stakes
    Compare in full with Expert Option
    Binomo platform
    Binomo's trading screen: asset, timer, stake and payout before you trade.

    Binomo and Expert Option by the numbers

    —BinomoExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout90%90%
    Win rate to break even52.6%52.6%
    Smallest withdrawal$10$10
    Practice balanceYes$10,000
    What you can trade–~100
    Trade durations1 minute – 1 hour5 seconds – 24 hours
    Pay-out speedFaster on Gold and VIPWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.7/53.7/5

    What Binomo adds

    • Contests
    • Markets where Binomo accepts you and Expert Option doesn't: 1

    What you lose

    • Copy trading
    • Demo with no sign-up

    What we think of Binomo

    Binomo is easy and cheap to try, but protection rests on a private body and India's central bank has flagged it. Consider it only where higher-ranked platforms don't accept you.

    Not for you if: You want trades longer than an hour or a regulator behind the platform

    More Binomo screenshots

    Binomo home page
    Binomo's home page with sign-up and the free demo.
    Binomo deposit bonus
    Binomo's cashier with bonus offers – bonus money needs trading volume before withdrawal.
  5. Binarium logo

    5. Binarium

    3.4/5

    When it fits better

    Pick it to try things with USD 5, or for trades that last up to three months.

    Lowest deposit
    $5 vs $10
    Top payout
    92% vs 90%
    Good for
    Testing with the smallest possible deposit
    Compare in full with Expert Option
    Binarium home page
    Binarium's home page with sign-up and the free demo.

    Binarium and Expert Option by the numbers

    —BinariumExpert Option (what you use now)
    Lowest deposit$5$10
    Lowest trade$1$1
    Top payout92%90%
    Win rate to break even52.1%52.6%
    Smallest withdrawal$5$10
    Practice balanceYes$10,000
    What you can trade–~100
    Trade durations60 seconds – 3 months5 seconds – 24 hours
    Pay-out speedDepends on method and levelWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.4/53.7/5

    What Binarium adds

    • Costs and minimums: 4.5 vs 4.1
    • Markets where Binarium accepts you and Expert Option doesn't: 1

    What you lose

    • Platform and apps: 3.8 vs 4.3
    • Payment options: 3.9 vs 4.2
    • Support: 3.5 vs 3.9
    • Licensing and openness: 1.6 vs 2.4
    • iPhone app
    • Demo with no sign-up
    • More ways to pay: Local payment methods
    • More to trade: Shares

    What we think of Binarium

    Binarium is the cheapest way to try fixed-time trades. The complete absence of oversight keeps it near the bottom.

    Not for you if: You want any outside protection for your money

    More Binarium screenshots

    Binarium account types
    Binarium's account levels and what each unlocks by deposit.
  6. IQcent logo

    6. IQcent

    3.1/5

    When it fits better

    Pick it for tiny trades from one cent and copy trading.

    Lowest deposit
    $10 vs $10
    Top payout
    95% vs 90%
    Good for
    Very small trades and copy trading
    Compare in full with Expert Option
    IQcent platform
    IQcent's trading screen: asset, timer, stake and payout before you trade.

    IQcent and Expert Option by the numbers

    —IQcentExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$0.01$1
    Top payout95%90%
    Win rate to break even51.3%52.6%
    Smallest withdrawal$20$10
    Practice balanceYes$10,000
    What you can trade–~100
    Trade durationsFrom 5 seconds (short-term)5 seconds – 24 hours
    Pay-out speedFaster on higher levelsWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.1/53.7/5

    What IQcent adds

    • Markets where IQcent accepts you and Expert Option doesn't: 1

    What you lose

    • Platform and apps: 3.9 vs 4.3
    • Costs and minimums: 3.2 vs 4.1
    • Payment options: 3.8 vs 4.2
    • Licensing and openness: 1.5 vs 2.4
    • Demo with no sign-up
    • More ways to pay: E-wallets, Local payment methods
    • More to trade: Shares

    What we think of IQcent

    IQcent suits very small trades or copying others, but the variable minimum, card fee and lack of oversight keep it near the bottom.

    Not for you if: You pay by card or want a regulator behind you

  7. BinaryCent logo

    7. BinaryCent

    3.0/5

    When it fits better

    Pick it for weekly contests if you can deposit USD 250 or more.

    Lowest deposit
    $250 vs $10
    Top payout
    95% vs 90%
    Good for
    Experienced traders who want weekly contests
    Compare in full with Expert Option

    BinaryCent and Expert Option by the numbers

    —BinaryCentExpert Option (what you use now)
    Lowest deposit$250$10
    Lowest trade$0.10$1
    Top payout95%90%
    Win rate to break even51.3%52.6%
    Smallest withdrawal$20$10
    Practice balanceNo$10,000
    What you can trade160+~100
    Trade durationsFrom 5 seconds5 seconds – 24 hours
    Pay-out speedFaster on higher levelsWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.0/53.7/5

    What BinaryCent adds

    • Contests
    • Markets where BinaryCent accepts you and Expert Option doesn't: 1

    What you lose

    • Platform and apps: 3.8 vs 4.3
    • Costs and minimums: 2.9 vs 4.1
    • Payment options: 3.7 vs 4.2
    • Licensing and openness: 1.5 vs 2.4
    • Copy trading
    • Demo with no sign-up
    • More ways to pay: E-wallets, Local payment methods

    What we think of BinaryCent

    BinaryCent is for experienced traders with a bigger budget who want contests. The entry cost, bonus rules and lack of oversight put it last.

    Not for you if: Your budget is small or you dislike bonus rules

  8. Exnova logo

    8. Exnova

    3.5/5

    When it fits better

    Pick it for shares and ETFs on a well-built platform from USD 10.

    Lowest deposit
    $10 vs $10
    Top payout
    90% vs 90%
    Good for
    A full-featured platform on a small budget
    Compare in full with Expert Option
    Exnova platform
    Exnova's platform with a 5-second Blitz trade on an OTC asset, 82% payout and Higher/Lower buttons.

    Exnova and Expert Option by the numbers

    —ExnovaExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout90%90%
    Win rate to break even52.6%52.6%
    Smallest withdrawal$10$10
    Practice balance$10,000$10,000
    What you can trade250+~100
    Trade durations1 minute – 1 hour (fixed-time); free choice on digitals5 seconds – 24 hours
    Pay-out speed1–3 working days per the platform; complaints of delaysWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.5/53.7/5

    What Exnova adds

    • Contests
    • Desktop app
    • More to trade: ETFs
    • Markets where Exnova accepts you and Expert Option doesn't: 1

    What you lose

    • Payment options: 3.8 vs 4.2
    • Licensing and openness: 2.0 vs 2.4
    • Copy trading
    • Demo with no sign-up

    What we think of Exnova

    Exnova offers a modern, cheap platform with many instruments. No public licence, a short history and withdrawal complaints keep it behind the established names.

    Not for you if: You need a licensed firm or an outside complaints route

    More Exnova screenshots

    Exnova home page
    Exnova's home page with the USD 10 minimum and free demo.
    Exnova awards
    Awards shown by Exnova: they come from trade magazines and are not a licence.
  9. Quotex logo

    9. Quotex

    3.7/5

    When it fits better

    Pick it for the highest advertised payouts and a long list of coins for deposits.

    Lowest deposit
    $10 vs $10
    Top payout
    98% vs 90%
    Good for
    High advertised payouts and crypto deposits
    Compare in full with Expert Option
    Quotex platform
    Quotex's trade panel: 1-minute timer, USD 1 stake, 60% payout on USD/JPY and Up/Down buttons.

    Quotex and Expert Option by the numbers

    —QuotexExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout98%90%
    Win rate to break even50.5%52.6%
    Smallest withdrawal$10$10
    Practice balance$10,000$10,000
    What you can trade–~100
    Trade durationsFrom about 1 minute; varies by asset5 seconds – 24 hours
    Pay-out speedDepends on method; reviewers report a few daysWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.7/53.7/5

    What Quotex adds

    • Costs and minimums: 4.5 vs 4.1
    • Markets where Quotex accepts you and Expert Option doesn't: 1

    What you lose

    • Support: 3.5 vs 3.9
    • Copy trading
    • iPhone app
    • Demo with no sign-up
    • More ways to pay: E-wallets, Local payment methods

    What we think of Quotex

    Quotex is quick to start and its advertised payouts are among the highest, but it has no licence, a shifting company structure and official warnings, including from Pakistan. If you use it, decline the bonus, deposit little and test a withdrawal first.

    Not for you if: You want a licensed platform or a bonus without heavy volume rules

    More Quotex screenshots

    Quotex home page
    Quotex's home page with real and demo account buttons.
    Quotex deposit page
    Quotex's cashier with the USD 10 minimum, promo code field and tiered bonuses.
    Quotex registration
    Quotex sign-up: email, password, account currency and age confirmation.
  10. Stockity logo

    10. Stockity

    3.5/5

    When it fits better

    Pick it for a no-frills screen and USD 1 trades.

    Lowest deposit
    $10 vs $10
    Top payout
    90% vs 90%
    Good for
    Beginners who want a very simple screen and small trades
    Compare in full with Expert Option
    Stockity platform
    Stockity's web platform and app with a USD 10,000 demo balance.

    Stockity and Expert Option by the numbers

    —StockityExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout90%90%
    Win rate to break even52.6%52.6%
    Smallest withdrawal$10$10
    Practice balance$10,000$10,000
    What you can trade48–75 (by account level)~100
    Trade durations5 seconds – 60 minutes5 seconds – 24 hours
    Pay-out speedDepends on method and account levelWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.5/53.7/5

    What Stockity adds

    • Markets where Stockity accepts you and Expert Option doesn't: 1

    What you lose

    • Payment options: 3.9 vs 4.2
    • Licensing and openness: 2.0 vs 2.4
    • Copy trading
    • Demo with no sign-up
    • More ways to pay: Local payment methods
    • More to trade: Indices

    What we think of Stockity

    Stockity is easy for small first trades, but its licence claim is unverified, its best terms need more money and withdrawals are capped. Practise on the demo, deposit the minimum and test a withdrawal early.

    Not for you if: You want a verifiable licence or large withdrawals

  11. Binolla logo

    11. Binolla

    3.4/5

    When it fits better

    Pick it if you fund with crypto and only trade currency pairs.

    Lowest deposit
    $10 vs $10
    Top payout
    92% vs 90%
    Good for
    Crypto users who want high payouts on currency pairs
    Compare in full with Expert Option
    Binolla platform
    Binolla's platform with a 1-minute EUR/USD trade and the open trades panel.

    Binolla and Expert Option by the numbers

    —BinollaExpert Option (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout92%90%
    Win rate to break even52.1%52.6%
    Smallest withdrawal$10$10
    Practice balanceYes$10,000
    What you can trade–~100
    Trade durationsFrom 5 seconds (scalping) to fixed-time trades of minutes5 seconds – 24 hours
    Pay-out speedDepends on method; crypto is usually quickestWithin 2 working days according to the platform; e-wallets and crypto can be quicker
    BinaryChooser score3.4/53.7/5

    What Binolla adds

    • Contests
    • Markets where Binolla accepts you and Expert Option doesn't: 1

    What you lose

    • Payment options: 3.6 vs 4.2
    • Licensing and openness: 2.0 vs 2.4
    • Copy trading
    • iPhone app
    • Demo with no sign-up
    • More ways to pay: Cards, Local payment methods
    • More to trade: Crypto, Commodities, Shares, Indices
    • Markets where Expert Option accepts you and Binolla doesn't: 1

    What we think of Binolla

    Binolla is reasonable for crypto users who want high payouts on currency pairs, but the licence is offshore, the history short and cards aren't accepted. Start small and test a withdrawal.

    Not for you if: You want to pay by card or trade shares and commodities

    More Binolla screenshots

    Binolla home page
    Binolla's home page with real account and demo buttons.
    Binolla registration
    Binolla sign-up: email, password, age confirmation and declaration of not being a US resident.