Short answer
Expert Option and Binomo score the same (3.7/5).
Expert Option fits: Beginners who trade mainly on their phone
Skip Expert Option if: You want many instruments or longer-term analysis
Binomo fits: Beginners who enjoy contests and small stakes
Skip Binomo if: You want trades longer than an hour or a regulator behind the platform
Score by score
Expert Option 3.7/5
- Platform and apps4.3
- Costs and minimums4.1
- Payment options4.2
- Support3.9
- Licensing and openness2.4
Binomo 3.7/5
- Platform and apps4.2
- Costs and minimums4.3
- Payment options4.4
- Support4.0
- Licensing and openness2.3
How the two sites look
Expert Option and Binomo in brief
Expert Option (2014). Expert Option has sold fixed-time trades since 2014. The screen is deliberately bare: one chart, a stake, a timer, up or down. Account levels add assets, higher payouts and a personal manager as deposits grow.
Binomo (2014). Binomo has offered short fixed-time trades since 2014, aimed at beginners in Asia, Africa and Latin America, with a game-like screen and frequent contests.
Licence and safetyBetter here: Expert Option
Neither Expert Option nor Binomo is authorised by a leading regulator or by any regulator in Asia. Both run through offshore companies, so there is no compensation fund and no local authority to complain to.
Official warnings and alert-list entries we found: Expert Option 3, Binomo 1.
| What we compare | Expert Option | Binomo |
|---|---|---|
| Licence | No government licence. Registered in St Vincent and the Grenadines and a member of The Financial Commission, a private dispute body. | No government regulator. Dolphin Corp LLC in St Vincent and the Grenadines runs it; it is a Financial Commission member. |
| Official warnings we found | CSA / AMF, MAS, RBI | RBI |
| Dispute body | Member of The Financial Commission (private dispute body) | Member of The Financial Commission (private dispute body) |
On licensing and openness Expert Option scores higher (2.4 vs 2.3).
Entry cost and chargesBetter here: Binomo
Both ask for the same first deposit: $10. The smallest trade is $1 on Expert Option and $1 on Binomo.
| What we compare | Expert Option | Binomo |
|---|---|---|
| Lowest deposit | $10 | $10 |
| Lowest trade | $1 | $1 |
| Charges | Charge on inactive accounts; no pay-in fee listed | No pay-in or pay-out fee listed; bonuses carry volume rules |
| Pay-out charges | No platform fee reported; your payment provider may charge | None listed |
| Dormant account fee | Dormant fee in the terms – check amount and trigger | Check the current terms |
| Bonus | Deposit bonuses reported; check volume conditions before accepting | Deposit bonuses with volume rules |
Payouts and the win rate you needLevel
Both advertise the same top payout (90%), so the break-even win rate is identical: 52.6%.
| What we compare | Expert Option | Binomo |
|---|---|---|
| Top payout | 90% | 90% |
| Win rate to break even | 52.6% | 52.6% |
| Note | Reviews report 86–95% depending on account level and asset | 90% is the advertised top on selected assets |
Top payouts apply to a few assets at the busiest hours. Look at the payout on the trade ticket before you open a trade; it is often lower.
Platform and phone appsBetter here: Expert Option
Expert Option. A web platform with a clean chart, basic indicators and a feed of other users' trades. Good enough for simple trading, thin for detailed analysis.
Binomo. A fast browser platform: chart, stake, timer and an up or down button, with contests and achievements alongside.
| What we compare | Expert Option | Binomo |
|---|---|---|
| Platform | Browser, Android, iPhone | Browser, Android, iPhone |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | Account levels, Trader feed, Easy layout | Account levels, Contests, Easy layout |
Instruments and trade durations
| What we compare | Expert Option | Binomo |
|---|---|---|
| Instruments | ~100 | – |
| Markets | Currencies, Crypto, Commodities, Shares, Indices | Currencies, Crypto, Commodities, Shares, Indices |
| Trade durations | 5 seconds – 24 hours | 1 minute – 1 hour |
Paying in and cashing outBetter here: Binomo
Expert Option. Verification must be complete first, and users say it can take longer than elsewhere, so finish it before you need the money.
Binomo. USD 10 minimum; speed depends on your level, with VIP first.
| What we compare | Expert Option | Binomo |
|---|---|---|
| Pay-in methods | Cards, E-wallets, Crypto, Local payment methods | Cards, E-wallets, Crypto, Local payment methods |
| Pay-out methods | Cards, E-wallets, Crypto, Local payment methods | Cards, E-wallets, Crypto, Local payment methods |
| Smallest withdrawal | $10 | $10 |
| Pay-out speed | Within 2 working days according to the platform; e-wallets and crypto can be quicker | Faster on Gold and VIP |
Practice accountLevel
Both have a free practice account, so you can try the two platforms with virtual money before depositing.
| What we compare | Expert Option | Binomo |
|---|---|---|
| Practice balance | $10,000 | Yes |
| Try without signing up | Yes | – |
SupportBetter here: Binomo
| What we compare | Expert Option | Binomo |
|---|---|---|
| How to reach support | Live chat, Email, Help pages | Live chat, Email, Help pages |
| Support | 3.9/5 | 4.0/5 |
Which markets they acceptBetter here: Binomo
Expert Option accepts residents of 17 of the markets we cover, Binomo of 18.
Only Binomo: 1 markets
Bangladesh
Strengths and weak points
Expert Option
- +Easy layout for complete beginners
- +Proper Android and iPhone apps
- +Financial Commission membership gives you a place to complain
- +Crypto and local payments in many countries
- −No government licence
- −Fewer instruments than the leaders
- −Better payouts reserved for bigger deposits
- −Dormant account fee after a quiet period
Binomo
- +USD 10 deposits and USD 1 trades
- +Easy screen with daily contests
- +Many local payment methods in Asia
- +Category A member of The Financial Commission
- −No public regulator; company in St Vincent and the Grenadines
- −On the Reserve Bank of India's Alert List
- −Trades last at most one hour
- −Better payouts and faster pay-outs only on Gold and VIP
So, Expert Option or Binomo?
Binomo is better in 4 of 7 categories here. Expert Option and Binomo score the same (3.7/5).
Our choice: Expert Option
Expert Option fits: Beginners who trade mainly on their phone
Whichever you pick, practise on the demo first, keep the first deposit small and withdraw part of it before adding more. Binary options are high-risk and most retail accounts lose money.
Quick answers
Expert Option or Binomo: which is better?
They score the same (3.7/5). Expert Option fits: Beginners who trade mainly on their phone. Binomo fits: Beginners who enjoy contests and small stakes.
Which needs a smaller deposit, Expert Option or Binomo?
Both ask for the same first deposit: $10.
Which pays more, Expert Option or Binomo?
Both advertise the same top payout (90%), so the break-even win rate is identical: 52.6%.
Does any regulator supervise Expert Option or Binomo?
No leading regulator and no Asian regulator licenses either of them. Both work through offshore companies, so your money has little protection.
More comparisons and guides
- Pocket Option vs Expert Option
- Pocket Option vs Binomo
- IQ Option vs Expert Option
- IQ Option vs Binomo
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- Expert Option vs Binarium
- Expert Option vs IQcent
- Expert Option vs BinaryCent
Expert Option review →Binomo review →Is Expert Option legit? →Is Binomo legit? →
