Closeoption vs IQ Option
Compare Closeoption and IQ Option in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | CloseOption | IQ Option |
|---|---|---|
![]() 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, welcome bonuses, 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 |
IQ Option is a reliable broker offering multi-asset trading via its easy-to-use platform. It allows trading in forex, stocks, cryptos, indices, commodities, and ETFs with low fees, plus extra features and educational resources. An account can be opened with only $10. IQ Option is a well-regarded binary options and digital trading broker. Trade on an easy-to-use platform with a low initial deposit. Just predict if an asset's price will rise or fall to earn a fixed payout of up to 90%+. CFD Trading Forex Trading Crypto Trading |
| Warning | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| Awards |
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| Bonus | $10 Welcome Gift | None |
| Instruments | Binary Options on Forex & Cryptos | CFD, Forex, Crypto, Stocks, Digital Options |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $10 |
| Minimum Trade | $1 | 0.001 Lots |
| Expiry Times | 30 seconds - 1 month | |
| Ladder Binary Options | No | Yes |
| Boundary Binary Options | No | Yes |
| Payment Methods |
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| Regulator | National Bank of Georgia | |
| Mobile Apps | iOS & Android | iOS, Android and Windows |
| 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. | IQ Option offers an easy-to-use mobile app for forex and their own trading instruments, providing a smooth, secure platform for short-term trades. Recent updates have harmonized the interface of both the web and mobile platforms, allowing effortless switching between them. |
| Copy Trading | No | No |
| Social Trading | No | No |
| Margin Trading | No | Yes |
| Margin Rate | 0.2% | |
| 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 | Yes |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Islamic Account | No | Yes |
| Account Currencies | USD | USD, EUR, GBP, ZAR |
| Stock Exchanges |
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| Commodities |
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| CFD Trading | No | Yes |
| CFD Leverage | 1:500 | |
| CFD GBPUSD Spread | 1 | |
| CFD Oil Spread | 2.3 | |
| CFD Stocks Spread | 2 | |
| Forex Trading | Yes | Yes |
| Forex GBPUSD Spread | No fee - payouts approx. 80% (Copper) | 5 pips |
| Forex EURUSD Spread | No fee - payouts approx. 80% (Copper) | 14 pips |
| Forex EURGBP Spread | No fee - payouts approx. 80% (Copper) | 15 pips |
| Forex Assets | 20+ | 60+ |
| Crypto Trading | Yes | Yes |
| Crypto Spread | No fee - payouts approx. 40% (Copper) | BTC 7%, ETH 12% (Var) |
| 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 |
