Summary: CloseOption is the better pick
Only CloseOption accepts traders from United States, so it’s the one to pick here.
CloseOption
Accepts traders from United States
- Min deposit
- $5
- Max payout
- 95%
| Binomo | CloseOption | |
|---|---|---|
| Overview | ||
| Summary | Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex trading: Binomo offers a competitive range of currencies from majors like EUR/USD to exotics like EUR/MXN. With contract times of 1 minute to 1 hour, this broker suits short-term forex binary options traders. Crypto trading: Binomo provides 24/7 fixed-time trading on a limited number of major cryptocurrencies, such as Bitcoin. This is much less than platforms like Focus Option, which offers over 80 digital tokens. | 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: CloseOption provides binary options on over 25 forex pairs, including major ones like EUR/USD and some minor ones like AUD/JPY. Payouts differ by currency, with typical payouts around 75% for GBP/USD. Crypto trading: CloseOption provides high/low binary options on major cryptocurrencies paired with USD, like Bitcoin and Litecoin. Our tests showed competitive returns, reaching 82% at peak times and 74% during low volume periods. The platform offers one-click crypto trading with reliable execution, and your recent trading history is clearly shown. |
| Instruments | Fixed Time Trades | Binary Options on Forex & Cryptos |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $5 |
| Minimum trade | $1 | $1 |
| Max payout | 90% 99% via Dynamic Range Trading for VIPs | 95% |
| Expiry times | 1 minute - 60 minutes | 30 seconds - 1 month |
| Ladder options | No | No |
| Boundary options | Yes | No |
| Platforms & tools | ||
| Mobile apps | iOS & Android (plus APK) | iOS & Android via mobile web trader |
| Mobile trading | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. | 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. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Copy trading | Yes | No |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | Yes | – |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Credit Card, Doku Wallet, Google Pay, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill | American Express, Apple Pay, Bitcoin Payments, Ethereum Payments, Google Pay, Mastercard, PayPal, UnionPay, Wire Transfer |
| Account currencies | USD, EUR | USD |
| 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 |
| Islamic account | No | No |
| Negative balance protection | No | No |
| Market maker | No | No |
| Margin trading | No | No |
| Tournaments | Yes | Yes |
| Demo competitions | No | Yes |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Dow Jones, Nasdaq, New York Stock Exchange | – |
| Commodities | Gold, Oil, Silver | – |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | No | No |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | – | No fee - payouts approx. 80% (Copper) |
| Forex EURUSD spread | – | No fee - payouts approx. 80% (Copper) |
| Forex EURGBP spread | – | No fee - payouts approx. 80% (Copper) |
| Forex assets | 19 | 20+ |
| Crypto trading | Yes | Yes |
| Crypto coins | ADA, BCH, BTC, LTC | BCH, BTC, ETH, LTC, XBT |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Visit |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is Binomo or CloseOption better?
We have rated CloseOption (75%) higher than Binomo (67%), but the overall rating can't be the only determining factor. For example, does CloseOption accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if Binomo or CloseOption is best for you.
VisitYour capital is at risk.