Is ExpertOption Halal or Haram? (2025)

Paul Titus
Barry Edwards
Last Updated on November 14, 2025
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ExpertOption is a popular trading platform offering binary options and CFD trading. As a Muslim trader, you may ask: Is Expertoption halal? The short answer is:


Yes, ExpertOption is considered halal if you avoid its binary options mode, (which resembles maysir (gambling) and involves gharar (excessive uncertainty)) and use its Stocks mode only, which offers CFD trading on real stocks with no leverage, no overnight fees, and transparent pricing.

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ExpertOption halal website

In this article, we will explain the basic principles of the Sharia law for online trading, what ExpertOption offers and how to use it as a Muslim trader in a halal way.

Sharia Law About Online Trading: What Makes Trading Halal or Haram?

Before we explain how to use ExpertOption in a halal way, we briefly outline trading activities that are considered haram by key Islamic rulings, including Resolution No. 63 of the Islamic Fiqh Council and Fatwa No. 28/DSN-MUI/III/2002 by the Indonesian Ulema Council (MUI):

  • Gharar: Gharar refers to uncertainty or ambiguity, which means that trading activities involving significant risk and unpredictability are considered haram. Examples of gharar are binary options, highly volatile cryptocurrencies, or trading with high leverage.
  • Maysir: Maysir means gambling in Sharia Law, so trading activities that are more like gambling than a low-risk investment are strictly prohibited in Islam. 
  • Riba: Riba refers to the charging or earning high interest, which is considered haram. In online trading, swap fees on open positions are a typical example of riba.
  • Lack of actual ownership of assets: If you invest in derivatives or trades without owning the underlying assets, most Mulsim scholars will consider it haram (with a few exceptions).
  • Investing in companies whose practices, services, and products don’t align with Islam is considered haram. 

Now that you understand the basic principles for halal trading, let’s analyze the Sharia-compliance of ExpertOption.

Why is ExpertOption Considered Halal?

We consider ExpertOption halal because it offers features that allow Muslim traders to avoid the key elements of haram trading, such as gharar (excessive uncertainty), maysir (gambling), and riba (interest-based transactions). Below, we analyze how ExpertOption aligns with Sharia law:

1. Stock Trading Eliminates Maysir (Gambling)

ExpertOption is mainly a binary options broker, which is considered a haram trading type due to its gambling-like nature (maysir). However, ExpertOption also offers CFD trading under "Stocks" which can be structured in a halal way if you approach them correctly.


When you trade stocks on ExpertOption, your success depends on how well you manage your risk, analyze market trends, and apply a solid trading strategy—not just on guessing short-term price movements.

ExpertOption trading platform

2. Transparent Trading Conditions Eliminate Gharar (Excessive Uncertainty) and Riba (Interest)

Stocks mode on ExpertOption provides clear contract terms, transparent fees, and real-time market updates, minimizing uncertainty (gharar).

ExpertOption does not apply overnight swaps or interest charges (Riba) and every transaction is completed using the trader’s own capital, without using leverage or borrowed money.

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How to Use ExpertOption in a Halal Way?

Here is a clear, step-by-step guide on how Muslim traders can use the ExpertOption platform while adhering to Sharia principles:


1. Use the "Stocks" Trading Mode only

Avoid the platform's primary "Trade" mode, which offers binary options. To trade in a halal way, navigate to and only use the "Stocks" section.


Trading Stocks on ExpertOption allows you to fully control the risk you take, ensuring your trades align with Sharia principles. You can set stop-loss and take-profit levels, close positions whenever you want, and leave trades open for longer periods, where market movements are more predictable and technical indicators are more reliable (which eliminates gharar, excessive speculation).


In contrast, the "Trade" mode removes control over risk management since the broker predetermines payout rates and expiration times, making it impossible to adjust positions based on market conditions. This speculative, gambling-like nature is the main reason why binary options trading is considered haram.


Note: Choose halal assets only, like stocks of ethical companies.

2. Use Proven Trading Strategies

To ensure your activity is Tijārah (commerce) and not Maysir (gambling), you must base your trades on a sound trading strategy. Use ExpertOption's charting tools, trading indicators and market analysis to make informed decisions about when to buy or sell. Halal trading relies on skill, analysis, and managing risk—not on pure speculation or guessing short-term price movements.

ExpertOption offers basic educational materials, trading tools and indicators to help traders analyze and forecast price movements, and minimize speculation (gharar).


3. Don't use leverage


A key reason we consider ExpertOption's "Stocks" mode halal is that it does not offer leverage. You trade 1:1 using only your own capital, which is crucial for eliminating Riba (interest) and the Gharar (excessive risk) associated with margin trading. Many Islamic scholars consider non-leveraged, swap-free CFDs acceptable if the trader uses their own capital and avoids excessive speculation, which is exactly what ExpertOption offer.


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Conclusion

ExpertOption can be used in a halal way, but only if you avoid binary options entirely and use the Stocks mode with no leverage. The "Stocks" mode aligns with Sharia principles by: 

  • Eliminating Maysir (by avoiding binary options).
  • Eliminating Riba (by charging no overnight/swap fees).
  • Minimizing Gharar (by offering 0% leverage and transparent pricing).

However, note that ExpertOption is an unregulated broker, which introduces additional gharar (risk). To ensure your trading remains fully compliant, always trade with your own capital and base your decisions on solid market analysis.


If you are new to the platform or want to test this halal trading method, we recommend starting with the ExpertOption demo account (no sign-up required), which allows you to practice your strategies with $10,000 virtual funds in a risk-free environment before depositing real money.

 ExpertOption Demo (No Sign-Up)
table of contents
1)
Sharia Law About Online Trading: What Makes Trading Halal or Haram?
2)
Why is ExpertOption Considered Halal?
3)
How to Use ExpertOption in a Halal Way?
4)
Conclusion