Best ExpertOption Alternatives 2024 [IQ Option, Pocket Option, IQcent]

While ExpertOption is favoured by over 70 million traders, some might prefer other broker that offer better binary options trading experience.  

IQ Option, PocketOption, and Olymp Trade are among the best ExpertOption alternatives, which we will review their features and compare them with ExpertOption broker.

What are the Best Alternatives to ExpertOption?

Since its inception in 2014, ExpertOption has been a popular choice for many traders. However, with new brokers entering the world of binary options trading every day, it is wise to look into ExpertOption alternatives as well.

Before diving in, we suggest checking our ExpertOption review to get more familiar with the pros and cons of trading with this broker. Here are some of the best alternatives to consider:

• IQoption;
• Pocket Option;
• IQCent;
• Quotex;
• Olymptrade;
• CloseOption.

Let's dive deeper into each of these alternatives to see how they stack up against ExpertOption.

IQ Option

IQ Option has emerged as a strong contender in the online trading space, offering a robust platform with a wide range of features. Here's why many traders are choosing IQoption over ExpertOption:

• Broader range of assets: IQoption offers;
• Higher payouts: Traders can enjoy higher potential returns on their investments;
• User-friendly platform: The intuitive interface makes trading accessible for both beginners and experienced traders;
• Advanced trading tools: The platform offers a variety of analytical tools to help traders analyze market movements.

Traders can also register in IQ Option Europe to trade Forex, stocks, commodities, indices, and ETFs.

IQcent

IQcent is another platform that has gained traction as an ExpertOption alternative. Here's what sets IQcent apart:

• High Payouts: Up to 98%;
• Variety of account types: From Bronze to VIP accounts, IQcent caters to traders of all levels;
• Educational resources: The platform provides comprehensive learning materials to help traders improve their skills;
• 24/7 customer support: Round-the-clock assistance ensures traders can get help whenever they need it;
• Fast withdrawals: Quick withdrawal time specially for Gold and VIP accounts.

While IQcent may have a different level of reputation than ExpertOption, its fast withdrawals and variety of account types make it an exciting alternative for risk-tolerant traders.

Pocket Option

Pocket Option has rapidly gained popularity as an ExpertOption alternative, offering a user-friendly platform with some unique features:

• Social trading: Traders can follow and copy successful traders, making it ideal for beginners;
• Wide range of assets: With over 100 assets available, traders have plenty of options to diversify their portfolios;
• Mobile-friendly: The highly-rated mobile app ensures traders can stay connected on the go;
• Demo account: A risk-free demo account allows traders to practice their strategies before committing real funds;
• Tournaments and bonuses: Regular trading competitions and generous bonuses add an extra layer of excitement.

Pocket Option's focus on user experience and social trading features makes it a compelling alternative to ExpertOption, especially for those new to online trading. If you want to know more about this platform, read our Pocket Option review.

Olymptrade

Olymptrade stands out as another viable ExpertOption alternative with a decade of experience offering:

• Fixed time trades (FTT): Similar to binary options, but with more flexibility in expiry times;
• CFD trading: Unlike ExpertOption, Olymptrade offers CFD trading on various assets;
• Extensive market access: With over 190 markets available, traders have ample opportunities to diversify;
• Mobile trading: A user-friendly mobile app ensures traders can access markets anytime, anywhere.

If you would like to learn more about the quality of services in this broker, you can read our Olymptrade review.

Quotex

Quotex offers a streamlined trading experience that appeals to many traders looking for an ExpertOption alternative:

• Advanced technical indicators: The platform provides sophisticated technical analysis tools and indicators for in-depth market research;
• Customizable interface: Traders can tailor the platform to their preferences for a personalized experience;
• Low entry barrier: Traders can start trading with only $10;
• Diverse asset selection: From forex to cryptocurrencies, Quotex offers a wide range of trading instruments.

While both platforms cater to binary options traders, Quotex's emphasis on advanced technical analysis tools and customization can appeal to more traders.

CloseOption

The last ExpertOption alternative on our list is the CloseOption broker. CloseOption has gained the trust of over 3 million traders and is regulated by the National Bank of Georgia. Here’s what sets this broker apart:

• High payouts: Up to 95% payouts;
• Variety of trading contests: $1000 weekly prizes for 20 contest winners;
• Wide range of withdrawal methods: Traders can withdraw their profits using a cryptocurrency, PayPal, credit/debit cards, Perfect Money, and Bank transfers;
• Exciting bonuses: Time-limited deposit bonuses for binary options traders.

How to Choose the Best ExpertOption Alternative

When selecting the best ExpertOption alternative, consider the following factors:

• Regulation: Opt for platforms regulated by reputable financial authorities;
• Asset selection: Choose a broker offering a wide range of assets that align with your trading interests;
• Platform features: Look for user-friendly interfaces, technical analysis tools, and mobile trading options;
• Fees and spreads: Compare the cost structure of different platforms to ensure they fit your trading style;
• Customer support: Responsive customer service is crucial, especially when dealing with financial matters;
• Deposit and withdrawal options: Ensure the platform offers convenient and secure payment methods.

By carefully evaluating these aspects, you can find an ExpertOption alternative that best suits your trading needs and preferences.

TF Expert Suggestion

ExpertOption alternatives prove offer a solid trading experience for binary options traders. IQoption stands out for its broad asset range, while Pocket Option offers an excellent social trading experience.

Quotex impresses with its advanced analysis tools, and Olymp Trade provides a good balance of FTT and CFD trading. Ultimately, the best ExpertOption broker alternative depends on your trading goals, risk tolerance, and preferred features.