Quick verdict
Expert Option comes out ahead with a score of 3.7/5, against 3.0/5 for BinaryCent.
Expert Option is best for: Beginners who trade mostly on a phone
Avoid Expert Option if: You want a wide asset list or longer-term analysis
BinaryCent is best for: Experienced traders who want weekly tournaments
Avoid BinaryCent if: You have a small budget or dislike bonus conditions
Scores side by side
Expert Option 3.7/5
- Platform & apps4.3
- Costs & minimums4.1
- Payments4.2
- Support3.9
- Regulation & transparency2.4
BinaryCent 3.0/5
- Platform & apps3.8
- Costs & minimums2.9
- Payments3.7
- Support3.6
- Regulation & transparency1.5
First look: the two websites
About Expert Option and BinaryCent
Expert Option (2014). Expert Option has offered fixed-time trading since 2014. The platform is intentionally simple: one chart, an amount, an expiry, up or down. Account tiers unlock extra assets, higher payouts and a personal manager as your deposit grows.
BinaryCent (2017). BinaryCent has offered binary options, forex and CFDs since 2017 through its own browser platform. It targets active traders with tournaments and deposit bonuses.
Regulation and safetyWinner: Expert Option
Neither Expert Option nor BinaryCent is authorised by a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so there is no compensation scheme and no regulator in your country to complain to.
Official warnings and alert-list entries in our sources: Expert Option 3, BinaryCent 0.
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Regulation | No government licence. It is registered in St Vincent and the Grenadines and belongs to The Financial Commission, a private dispute body. | No. Cent Projects Ltd operates it offshore without a financial licence. |
| Regulator warnings on record | CSA / AMF, MAS, RBI | – |
| Dispute body | Member of The Financial Commission (private dispute body) | No external dispute body |
On transparency and safety we score Expert Option higher (2.4 vs 1.5).
Minimum deposit and feesWinner: Expert Option
Expert Option is cheaper to start with: the minimum deposit is $10, against $250 at BinaryCent. The smallest trade is $1 at Expert Option and $0.10 at BinaryCent.
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Minimum deposit | $10 | $250 |
| Minimum trade | $1 | $0.10 |
| Fees | Dormancy fee after inactivity; no deposit fee advertised | Bonus turnover reported at 40x; USD 250 minimum top-up |
| Withdrawal fees | No platform withdrawal fee reported; payment-provider fees may apply | No platform fee advertised |
| Inactivity fee | Dormancy fee in the terms – check amount and trigger | Check the current terms |
| Bonus | Deposit bonuses reported; check turnover conditions before accepting | 20–100% deposit bonuses; turnover reported at 40x |
Payouts and the win rate you needWinner: BinaryCent
BinaryCent advertises the higher maximum payout (95% vs 90%). That lowers the win rate you need to break even from 52.6% to 51.3%.
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Max. payout | 90% | 95% |
| Break-even win rate | 52.6% | 51.3% |
| Note | Sources differ: third-party reviews report 86–95% depending on account tier and asset | 95% is the advertised maximum; VIP adds a payout boost |
Advertised maximums apply to selected assets at the best times. Check the payout shown on the trade ticket before you open a trade; it is often lower.
Platform and mobile appWinner: Expert Option
Expert Option. Web platform with a clean chart, basic indicators and a social feed showing other users' trades. Fine for simple strategies, limited for detailed technical analysis.
BinaryCent. A browser platform with short expiries from seconds, tournaments and account-level boosts.
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Platform | Web, Android, iOS | Web, Android, iOS |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | Account tiers, Social feed, Simple interface | Account tiers, Tournaments |
Assets and expiry times
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Number of assets | ~100 | 160+ |
| Markets | Forex, Crypto, Commodities, Stocks, Indices | Forex, Crypto, Commodities, Stocks, Indices |
| Expiry times | 5 seconds – 24 hours | From 5 seconds |
Deposits and withdrawalsWinner: Expert Option
Expert Option. Withdrawals require completed verification. Users report that verification can take longer than at the other two brokers, so complete it before you need your money.
BinaryCent. Minimum withdrawal USD 20; faster processing on higher tiers.
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Deposit methods | Bank cards, E-wallets, Crypto, Local methods | Bank cards, Crypto |
| Withdrawal methods | Bank cards, E-wallets, Crypto, Local methods | Bank cards, Crypto |
| Minimum withdrawal | $10 | $20 |
| Withdrawal time | Within 2 business days per the broker; e-wallets and crypto can be faster | Faster on higher tiers |
Demo accountWinner: Expert Option
Only Expert Option offers a free demo account in our sources.
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Demo balance | $10,000 | No |
| Try without registering | Yes | – |
Customer supportWinner: Expert Option
| Feature | Expert Option | BinaryCent |
|---|---|---|
| Support channels | Live chat, Email, Help centre | Live chat, Email |
| Support | 3.9/5 | 3.6/5 |
Where you can use themDraw
Expert Option accepts clients in 38 of the countries we cover, BinaryCent in 38.
Pros and cons
Expert Option
- +Simple interface that suits first-time users
- +Native Android and iOS apps
- +Membership of The Financial Commission gives a dispute route
- +Crypto and local deposit methods in many countries
- −No recognised government broker licence
- −Smaller asset list than the other two
- −Better conditions locked behind larger-deposit account tiers
- −Dormancy fee after a period without activity
BinaryCent
- +Trades from USD 0.10
- +Weekly trading tournaments
- +Payouts advertised up to 95%
- +Crypto deposits accepted
- −Highest minimum deposit in this ranking: USD 250, also for top-ups
- −No regulator; third-party reports of warning-list entries
- −Bonuses require heavy turnover before withdrawal
- −No free demo account confirmed
Verdict: Expert Option or BinaryCent?
Expert Option wins 5 of 7 categories in this comparison. Expert Option comes out ahead with a score of 3.7/5, against 3.0/5 for BinaryCent.
Our pick: Expert Option
Expert Option is best for: Beginners who trade mostly on a phone
Whichever you choose, start with the demo, keep your first deposit small and test a withdrawal before you add more. Binary options are high-risk and most retail traders lose money.
Frequently asked questions
Which is better, Expert Option or BinaryCent?
On our score Expert Option is ahead (3.7/5 vs 3.0/5). Expert Option is best for: Beginners who trade mostly on a phone. BinaryCent is best for: Experienced traders who want weekly tournaments.
Which has the lower minimum deposit, Expert Option or BinaryCent?
Expert Option is cheaper to start with: the minimum deposit is $10, against $250 at BinaryCent.
Which pays more, Expert Option or BinaryCent?
BinaryCent advertises the higher maximum payout (95% vs 90%). That lowers the win rate you need to break even from 52.6% to 51.3%.
Are Expert Option and BinaryCent regulated?
Neither holds a licence from a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so your money has limited protection.
Related comparisons and guides
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Expert Option review →BinaryCent review →Is Expert Option a scam? →