CloseOption
Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
Your Capital is at risk.
CloseOption binary is regulated by national bank of Georgia and more than 25 symbols are available to trade. Over 3.5 million traders use this broker because of 90% maximum payouts and $5 minimum deposits.
CloseOption is a binary options broker that has been making waves in the financial trading industry since its establishment in 2013. Registered with the National Bank of Georgia, this broker has managed to attract more than 3.5 million of traders worldwide with its unique offerings and user-friendly platform. Here are some key points about the company:
While the regulatory oversight from the National Bank of Georgia might not be as robust as some top-tier financial authorities, The binary broker has managed to build a reputation for reliability and transparency over the years.
Regulatory Warning: CloseOption, based in Georgia, was added to the CFTC's RED List for soliciting U.S. clients without proper registration. Although not a confirmed violation, the CFTC warns that the firm appears to be offering regulated products without authorization. Trading with such unregistered offshore entities poses significant risks, including a lack of oversight and investor protection.
Let's take a closer look at the specifics of what CloseOption offers to its traders:
Broker | CloseOption |
Account Types | Real, Contest |
Establishment Year | 2013 |
Trading Platforms | Proprietary platform [Trade Room] |
Maximum Return | 90% |
Minimum Deposit | $5 |
Base Currencies | USD $ |
Deposit Methods | Perfect Money, WebMoney, PayPal, MasterCard, Cryptocurrency, Wire Transfer |
Withdrawal Methods | Perfect Money, WebMoney, PayPal, MasterCard, Cryptocurrency, Wire Transfer |
Minimum Trade amount | $1 |
Maximum Trade Amount | $1000 |
Tradable Assets | Forex currency pairs, Cryptocurrencies |
Investment Options | None |
Bonus | 25% deposit bonus, $10 welcome gift, Demo contest |
Spreads | $1 at least |
Commission & Fees | 0.5% of the balance per month as an inactivity fee |
Maximum Leverage | Not Provided |
Affiliate Program | Yes |
Trading Features | Not Specified |
Inactivity Fee | 0.5% of the balance per month |
Customer Support Ways | Live Chat, Email, Phone Support, ticket |
Customer Support Hours | 24/7 |
CloseOption offers two trading accounts [Real and Contest], and each account has its usage and specifications. CloseOption account types:
The tiered system in the real money account encourages traders to increase their account balance to unlock better trading conditions and higher payouts. For instance, the Diamond tier, which requires a $50,000+ account balance, offers the highest payouts of up to 90% on some assets.
Level | Deposit Amount | Max Return for EUR/USD | Max Return for Other Assets |
Copper | $0 - $1,000 | 79% | 17% - 78% |
Bronze | $1,000 - $2,000 | 80% | 17% - 80% |
Silver | $2,000 - $10,000 | 82% | 17% - 85% |
Gold | $10,000 - $50,000 | 85% | 17% - 88% |
Diamond | $50,000 - $1,000,000 | 90% | 17% - 90% |
All close-option competitions are held on Demo accounts, and traders compete with virtual money.
The broker also provides a Demo account with a balance of $100,000 and access to all trading pairs.
Features | Real | Contest |
Min Deposit | $5 | $500 (Required balance in the real account) |
Trading Platform | Trade Room | |
Markets | Forex currency pairs, Cryptocurrencies | |
Min Trade Size | $1 | $1 |
Commission | $0 | $10 (Entry Fee) |
Max Leverage | 1:1 | 1:1 |
CloseOption provides a free demo account for users to practice trading strategies; however, all profits in the demo account are virtual and non-withdrawable.
Traders can top up their demo balance up to three times when the recharge option appears. To exceed this limit, users must submit a ticket requesting additional recharges.
CloseOption sign up can be done in 3 minutes if you follow the steps below:
Navigate to the broker's official website, and click "Register" on the home page.
Fill out the registration form with the following details:
Agree to the broker's terms and conditions (read them carefully).
Check your inbox for theactivation email. Click the link to verify your account. You’ll be redirected to your trading room, where your account is ready for use.
Choose your preferred account, deposit, and start trading.
CloseOption provides a mix of ongoing promotions, including:
Bonus Type | Bonus Amount | Eligiblity |
Welcome | $10 | New clients |
Deposit | 25% | All users |
The broker offers a $10 sign up gift to new clients. Note thet to be eligible for the welcome gift, you must complete the KYC verification procedure.
CloseOption offers a 25% deposit bonus that allows traders to boost their account balance, withdrawable after completing a 20X trading volume within 30 days. If the required volume is not met in that period, the bonus is automatically revoked.
To receive the bonus, new users must register, select a payment method (such as cryptocurrencies, PayPal, or cards), tick the bonus box, and complete the deposit. Existing account holders can access the promotion by simply funding their account.
In addition to the CloseOption bonus, we found out that this broker holds a weekly demo contest and awards prizes to the top20 players. Traders must deposit $500 in real account to enter the contest, and if they win, they will receive a prize of up to $3,000!
When it comes to commissions and fees, CloseOption maintains a relatively trader-friendly structure. CloseOption fees:
Fees | Real Account |
Spreads | $1 at least |
Withdrawal | Only for Wire transfer ($50 - $100) |
Inactivity | 0.5% of the account balance/month |
Reactivation | $10 |
The only fee for a Contest account is the entry fee, which is $10.
The CloseOption doesn't support the popular MetaTrader 4 or MetaTrader 5 platforms. However, it offers a proprietary trading solution, called TradeRoom, with the following sections:
Adjust your trading platform's background, night/light mode, and the background's transparency. You can also revert all customization by clicking the "RESET" button.
There's also a sound volume icon that allows you to mute notifications.
You can access trading charts, technical analysis tools, 4 time frames (5s to 1m), and various chart types, including:
You can also choose your trading instrument from the asset selector section.
You can adjust your orders' settings, including:
Check the CloseOption contest scores, traders' standings, and available prizes. There's also a feedback section that you can utilize to submit support tickets.
The personal cabinet in CloseOption, like many other brokers, serves as a central hub for account management and trading activities. CloseOption binary broker Personal cabinet features:
Users can monitor balance, open trades, and full transaction history in a single glance, enabling better control of trading performance.
A dedicated section for managing deposits and withdrawals through integrated financial channels ensures quick fund movement.
Traders can launch the CloseOption proprietary TradeRoom platform directly from the cabinet, without navigating external pages.
Options to update profile details, change security settings, and customize platform preferences are all managed within the dashboard.
The Verification Center allows secure document uploads and shows live updates on verification progress to meet regulatory standards.
All promotional offers and active bonuses, including their conditions and expiry status, are clearly displayed for user reference.
These features are designed to provide a comprehensive and user-friendly experience for traders, allowing them to manage all aspects of their trading account from one central location.
CloseOption's TradeRoom platform offers a range of technical indicators and tools to assist traders in their analysis. CloseOption binary indicators:
These tools help traders identify trends, overbought/oversold conditions, and potential entry/exit points. CloseOption platform features:
The binary broker provides a limited list of 20 currency pairs from the Forex market and cryptocurrencies.
Important Note: As of July 2025, when this CloseOption review was updated, returns vary based on the asset type, ranging from 45% to 79%.
Trading Instrument | Payout Amount |
EURUSD | 79% |
GBPUSD | 78% |
EURJPY | 70% |
USDCAD | 68% |
GBPCHF | 65% |
CADCHF | 64% |
AUDJPY | 60% |
GBPAUD | 50% |
GBPCAD | 50% |
EURAUD | 50% |
BTCUSD | 67% |
LTCUSD | 64% |
ETHUSD | 65% |
BCHUSD | 62% |
Close option Binary uses different methods for payments, such as Bitcoin and other cryptocurrencies. CloseOption deposit and withdrawal methods:
CloseOption support Perfect Money, WebMoney, PayPal, MasterCard and Cryptocurrencies as payment methods
CloseOption's support for cryptocurrencies is a notable feature, offering quick and often fee-free transactions.Important points of deposit and withdrawal in CloseOption binary broker:
Currently, there is no way to invest indirectly in close options. Thus, this relatively old broker does not support copy trading and social trading and does not plan to do so.
The broker offers a generous profit return of up to 90% with a minimum trade size requirement of $1. Let’s weigh CloseOption's upsides against its downsides.
Pros | Cons |
A wide range of payment methods | Lack of tier-1 regulation |
Low entry barrier ($5) | No support for advanced platforms like MetaTrader |
20% deposit bonus | Limited asset offerings (Forex and Crypto) |
Trading competitions with prizes of up to $3,000 | - |
The CloseOption Trustpilot profile has received good scores despite its limitations, including the lack of copy trading support. CloseOption Trust Score:
Customer support is a crucial aspect of any trading platform. CloseOption binary support is available 24/7 and there are multiple ways to contact. CloseOption support:
If you need more guidance, you can find the solution in CloseOption Guide.
CloseOption doesn't accept clients from the following countries due to its internal policies and international regulatory requirements:
Here's a table comparing CloseOption features and services against IQ Option, OlympTrade, Pocket Option, and Quotex.
Parameters | CloseOption | ||||
Establishment Year | 2013 | 2013 | 2014 | 2017 | 2019 |
Maximum Return | 90% | Up to 90% | Up to 93% | 90%+ | 98% |
Minimum Deposit | $5 | $10 | $10 | $5 | $10 |
Minimum Trade Amount | $1 | $1 | $1 | $1 | $1 |
Number of Trading Assets | Over 25 | Over 250 | Over 100 | Over 100 | Over 400 |
Bonus | 25% Deposit Bonus, $10 Welcome Gift | No | Deposit Bonus | Welcome Bonus, First Deposit Bonus, No Deposit Bonus, YouTube Video Contest | Welcome Bonus, Deposit Bonus, Risk-Free Trades |
Maximum Leverage | 1:1 | 1:100 | 1:500 | 1:1000 | 1:1 |
Inactivity Fee | 0.5% of Balance / Month | €10 / Month | $10 / Month | $0 | $0 |
With 2 account types [Real, Contest], $1 minimum trade amount, 25% deposit bonus and demo contest with real prizes, CloseOption provides a platform for binary trading. The spreads start from$1 and 0.5% of balance goes for inactivity fee.
Yes, Closeoption is regulated by the National Bank of Georgia.
The minimum deposit is $5.
Closeoption accept US traders, but always check the current terms.
Closeoption offers over 25 forex and cryptocurrency assets for trading.
No, it has its own platform called Trade Room.
This binary broker supports Perfect Money, WebMoney, PayPal, MasterCard, Cryptocurrency and wire transfer.
Inactivity fee in this binary broker is 0.5% of balance per month.
CloseOption offers payouts of up to 90%, especially for users with higher-tier accounts like Diamond. This rate is competitive within the binary options space.
CloseOption offers two types of accounts: Real Account (with tiered levels like Copper to Diamond) and Contest Account (used for weekly competitions). Each has distinct features and access levels.
CloseOption offers a demo account with $100,000 virtual funds and a contest account for weekly competitions. The contest requires a $500 real account deposit and has prizes up to $3,000.
The real account is structured in tiers from Copper to Diamond. For example, the Diamond tier (>$50,000 deposit) provides maximum returns of 90% on EUR/USD. Higher tiers unlock better payout conditions.
Traders receive a $10 welcome gift and up to 25% deposit bonus, which becomes withdrawable after a 20× turnover.
CloseOption charges an inactivity fee of 0.5% of account balance per month. Spreads start at $1. Wire withdrawals may incur a $50–$100 fee.
The TradeRoom platform includes RSI, MA, MACD, Stochastic Oscillator, and Bollinger Bands. It offers basic chart types and tools, but lacks advanced overlays or automation.
The minimum trade size is $1, and the maximum is $1,000 per order. This provides flexibility for both small-scale and high-volume traders.
Withdrawals are typically processed within 1 to 3 business days, depending on the payment method. Crypto and e-wallets tend to be faster than bank transfers.
The process includes filling out a registration form, confirming your email, and accessing the TradeRoom. KYC documents must be uploaded via the Verification Center for full access.
The low minimum deposit, demo account, and simple platform design make CloseOption beginner-friendly. However, the lack of advanced tools may limit long-term growth for experienced traders.
CloseOption scores 3.9/5 on Trustpilot, 3.1 on Reviews.io, and 2.1 on ForexPeaceArmy. These scores reflect mixed feedback, with praise for low deposits but criticism of limited features.
