Expert Option available countries and banned country list

The availability of the broker’s services is a common issue that a trader faces. Often many top binary options brokers do not provide their services to clients of certain countries. Other brokers suffer from being banned from certain countries due to their financial norms. Many countries impose a ban on trading brokers due to their strict norms. The reasons could range from AML policies to not having a license to operate.  

expert option legal or not

So if a resident from such a country tries to access the services of a banned broker, that will be illegal. As a new trader, you must confirm the availability status of the broker you wish to choose. So you must verify whether the Expert Option is banned in certain countries and see if you are a resident of any available countries before joining it.

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Expert Option banned countries list:

It may not be appropriate to say that the Expert Option is banned in certain countries. It is a broker that does not provide its services to certain countries. Now, that could be due to AML or Anti Money Laundering policies or simply because it does not have the license to provide services there. However, that does not mean it cannot acquire the license and start providing its services in the future.

We can view the list of countries where the Expert Option is not available as follows:

  • European Countries (Netherlands, Germany, France, Spain, Portugal, Greece, Italy, Sweden, Iceland and more)
  • USA
  • Canada
  • North Korea
  • Switzerland
  • Israel
  • New Zealand
  • Australia
  • Puerto Rico
  • Singapore
  • Indonesia
  • Russia
  • Iran
  • Yemen

Since this broker does not provide its services to citizens of the countries mentioned above, they cannot reap the benefits like others. Therefore, you must ensure that you do not reside in these countries before joining this broker. Failing to abide by the legal norms can lead to criminal liability. So, if you are a resident of these countries, you will have to wait until Expert Option starts providing its premium services there.

Important note: Expert Option is unavailable in some countries. Therefore, you can find an alternative in our comparison.

Expert Option available countries list:

The list of available countries will be large compared to the banned list. As we mentioned before, this broker’s services are not available in a select few countries. Other countries will come under the list of available ones. So we can generally mention the names of a few countries where you can access this broker.

Some available countries:

  • South Korea
  • India
  • Taiwan
  • Thailand
  • South Africa
  • Brazil
  • Mexico
  • Argentina
  • Peru
  • Colombia
  • Venezuela
  • Chile
  • Pakistan
  • UAE
  • Vietnam
  • Malaysia
  • Indonesia
  • Chile
  • Venezuela

Available continents:

  • Africa
  • South America
  • Asia
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Is Expert Option legal or not in your country?

Several ways can tell you if the broker is legal or not. The first way to tell you about the broker’s legitimacy is to find out its regulation. If the broker is well-regulated, you can consider that broker safe and reliable to trade online. 

Expert Option regulation

On the contrary, if the broker does not obtain its license from any regulatory body, it can be tricky to decide whether the broker is legal or not

Expert Option is an online trading platform famous among traders because of its reliability and legitimacy. Expert Option gets its operating license from Vanuatu Financial Services Commission and Financial Markets Relations Regulation Center

The official logo of the Vanuatu Financial Service Commission (VFSC)

These two regulatory bodies, i.e., VFSC and FMRRC, oversee the operations of Expert Option. If Expert Option does not comply with the regulations, it can lose its license

The official logo of the IFMRRC

It gets easier to judge whether a broker is legal and if it is answerable to any authority for its operations. Knowing that Expert Option gets regulated by VFSC and FMRRC is making it simple to answer the question, ‘is Expert Option legal or not? 

The operating license that Expert Option receives from these regulating authorities makes all the doubts about its legitimacy go away. Hence, we can say that it is completely safe and legal to trade with Expert Option. 

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(Risk warning: Your capital can be at risk)

Is Expert Option available and regulated in your country?

Expert Option offers its broker services across the globe. Suppose you are a resident of India, South Africa, Kenya, Indonesia, Pakistan, Ghana, United Aram Emirates, Zimbabwe, Philippines, Sri Lanka, Nigeria, Vietnam, Egypt, Malaysia, Turkey, Brazil, Bulgaria, Russia, etc. You will be able to trade with Expert Option in such a scenario. 


Expert Option is a regulated broker in the list of countries we provided. You can register with Expert Option for a live trading account without a second thought. All operations of Expert Option are legal in these countries

If your are not sure, you can check your local regulator database for Expert Option and find out if its registered or not.

Why do countries ban a broker?

Countries across the globe differ in their norms and policies. That may become a reason for which a broker can suffer a ban. Following are a few common reasons:

regulation and law

AML policies

When a broker fails to abide by certain countries‘ anti-money laundering policies, they impose a ban on them. These policies safeguard a trader or investor against money laundering and fraud. Since the growth of online trading activities, we can see a significant rise in frauds and scams. So, to prevent them, many countries have strict financial norms. Such norms also include the AML policies. Often, a broker might just miss the list of licensed brokers in a country due to failure to comply with any one of the terms. So, brokers have to be careful regarding these policies.

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Licensing issues

License is the key that allows legal sanctity to the service provider. The requirements for getting a license will differ from country to country. One financial activity may be illegal in one country, and others may legalize it. As a result, licensing policies may vary depending on those norms. A broker may lose a license or get rejected for the same depending on the current legal status of his service portfolio in those countries.

checklist rules

Strategic deficiency countries

There is an intergovernmental organization called the FATF or Financial Action Task Force. It monitors money laundering and terrorist funding activities across the world. Strategic deficiency signifies the failure to act against such financial crimes. 

The official logo of the FATF

As a measure against such activities, FATF calls for countries’ cooperation to work with them. However, a few countries refuse to cooperate and stand against such activities. As a result, the FATF puts those countries on their denylist, coming under strategic deficient countries. 

Now, if a broker associates with any of those blocklisted countries, it comes under the scrutiny of the FATF countries. As a result, those countries may ban the broker permanently.


Expert Option is a premium trading service provider that has been serving since 2014. However, not everyone worldwide enjoys the same opportunity to avail of its benefits.

As we mentioned above, this broker does not offer services to a list of countries. However, traders who do not reside in those countries are free to join this broker’s platform anytime.

› Sign up for free with Expert Option now

(Risk warning: Your capital can be at risk)

About the author

Percival Knight
Percival Knight is an experienced Binary Options trader for more than ten years. Mainly, he trades 60-second trades at a very high hit rate. My favorite strategies is by using candlesticks and fake-breakouts

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  • Ashley Nalamb


    Hi there I just want to know if Expert Option is being used in my Countr in PNG?