CloseOption vs OlympTrade
Compare CloseOption and OlympTrade in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | CloseOption | OlympTrade |
|---|---|---|
 United States accepted |
United States NOT accepted |
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| Summary | CloseOption, based in Georgia, has over ten years in the trading industry. The company provides high/low binary options trading on forex and crypto markets, featuring good payouts, 24/7 customer support, and user-friendly trading software. CloseOption provides binary options trading on over 30 fiat and digital currencies via a user-friendly web platform. It offers 15 contract timeframes from 30 seconds to 1 month, catering to both short-term and long-term traders. New users receive a welcome gift. Forex Trading Crypto Trading |
Founded in 2014, Olymptrade has over 89 million traders. It operates in more than 130 countries and supports 13 languages. The platform is stable and offers appealing incentives for new traders. Olymp Trade provides fixed time trades (FTT) across various markets and is licensed offshore by the VFSC. Olymp Trade provides fixed time trades (FTT) on various markets, including OTC currencies and composite indices. FTT commissions range from 5%-10%, and trades can be as short as 5 seconds. Payouts can reach up to 93% with a $2000 deposit for 'Expert' status. CFD Trading Forex Trading Crypto Trading |
| Awards |
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| Instruments | Binary Options on Forex & Cryptos | Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $10 |
| Minimum Trade | $1 | $1 |
| Expiry Times | 30 seconds - 1 month | 5 seconds - 23 hours |
| Ladder Binary Options | No | No |
| Boundary Binary Options | No | No |
| Payment Methods |
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| Regulator | National Bank of Georgia | VFSC |
| Mobile Apps | iOS & Android via mobile web trader | Android (plus APK), iOS (plus progressive web app) |
| Mobile Trading | CloseOption's TradeRoom is an excellent choice for beginners, featuring a simple design that makes learning easy. You can quickly place short-term trades starting at 5 seconds using basic chart tools. Tutorials and regular updates with video demos improve the experience, and weekly contests are available for experienced traders. | |
| Copy Trading | No | No |
| Social Trading | No | No |
| Margin Trading | No | No |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| TradingView | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| STP Account | No | No |
| ECN Account | No | No |
| DMA Account | No | No |
| MAM Account | No | No |
| PAMM Account | No | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | No | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | No | No |
| VPS Hosting | No | No |
| Tournaments | No | No |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Islamic Account | No | Yes |
| Account Currencies | USD | USD |
| Stock Exchanges |
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| Commodities |
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| CFD Trading | No | Yes |
| Forex Trading | Yes | Yes |
| Forex GBPUSD Spread | No fee - payouts approx. 80% (Copper) | |
| Forex EURUSD Spread | No fee - payouts approx. 80% (Copper) | 1.1 |
| Forex EURGBP Spread | No fee - payouts approx. 80% (Copper) | |
| Forex Assets | 20+ | 30+ |
| Crypto Trading | Yes | Yes |
| Crypto Spread | Variable | |
| Crypto Coins |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Crypto Auto Market Maker | No | No |
|
United States accepted |
United States NOT accepted |