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.

CloseOption vs IQ Option Comparison Table 2025
Feature CloseOption IQ Option
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rating full
3.8
United States Flag
United States accepted
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rating full
4
United States Flag
United States NOT accepted
» Visit
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
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 offers high/low binary options for five major cryptocurrencies paired with USD. Traders can receive payouts of 40% thanks to the high market volatility of digital assets, which competes well with others.

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
IQ Option focuses on CFDs for stocks, forex, cryptocurrencies, and other markets. Leverage follows EU rules, up to 1:30 on major forex pairs and less on volatile assets. Trades have no commission, feature floating spreads, and clients can use the award-winning platform.

Forex Trading
IQ Option provides CFD trading on 24 forex assets, including major and some minor pairs. EU traders can use up to 1:30 leverage as per local rules. The broker offers commission-free trades, but spreads are relatively high, so it is not outstanding in this area.

Crypto Trading
IQ Option is a top crypto broker, providing multipliers and a wide selection of digital currencies like Bitcoin, Ethereum, and Cardano. They offer leverage up to 1:2 with variable spreads and no commission. The user-friendly trading software is ideal for beginners.

Warning RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
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
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Volet
  • Wire Transfer
  • Yandex Money
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
  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
Commodities
  • Oil
  • Gold
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
  • BCH
  • BTC
  • ETH
  • LTC
  • XBT
  • BCH
  • BTC
  • DASH
  • EOS
  • ETC
  • ETH
  • LTC
  • OMG
  • QTUM
  • TRX
  • XRP
  • ZEC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is CloseOption or IQ Option better?

We have rated IQ Option (80%) higher than CloseOption (75%), 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 CloseOption or IQ Option is best for you.