Deriv vs Closeoption

Compare Deriv and Closeoption in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Deriv vs Closeoption Comparison Table 2024
Feature Deriv Closeoption
rating empty
rating full
4.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit
Summary

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.

CFD Trading
You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly.

Forex Trading
Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.

Crypto Trading
Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders.

CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.

CloseOption offers binary options trading on 30+ fiat and digital currencies through an easy-to-use web-based platform. 15 contract timeframes are available from 30 seconds to 1 month, suiting both short-term and long-term traders. New users also get a joining gift.

Forex Trading
CloseOption offers binaries on 25+ forex pairs, including majors like EUR/USD and a few minors like AUD/JPY. Payouts vary by currency, with decent typical payouts of 75% for GBP/USD.

Crypto Trading
CloseOption traders can access high/low binary options on five major cryptos all paired with USD. Payouts of 40% are available due to digital assets' high market volatility, which compares well with rivals.

Bonus None $10 Welcome Gift
Instruments CFDs, Multipliers, Forex, Stocks, Indices, Commodities Binary Options on Forex & Cryptos
Demo Account Yes Yes
Minimum Deposit $5 $5
Minimum Trade 0.01 Lots $1
Expiry Times 15 seconds to 365 days 30 seconds - 1 month
Ladder Binary Options Yes No
Boundary Binary Options Yes No
Payment Methods
  • 1ForYou
  • ADVcash
  • Airtm
  • AstroPay
  • Banxa
  • Boleto
  • Credit Card
  • Diners Club
  • FasaPay
  • JCB Card
  • JetonCash
  • Maestro
  • Mastercard
  • Neteller
  • Paysafecard
  • Paytrust
  • Perfect Money
  • Skrill
  • Sticpay
  • Trustly
  • Visa
  • WebMoney
  • Wire Transfer
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
Regulator MFSA, LFSA, VFSC, BFSC National Bank of Georgia
Mobile Apps iOS & Android iOS & Android
Auto Trading Expert Advisors (EAs) on MetaTrader, DBots
Copy Trading Yes No
Social Trading No No
Margin Trading Yes No
MetaTrader 4 No No
MetaTrader 5 Yes 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 Yes No
Market Maker No No
P2P Trading No No
Spot Trading Yes No
Trade Signals DMT5
VPS Hosting No No
Tournaments No No
Demo Competitions No Yes
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR, GBP, AUD USD
Stock Exchanges
  • Australian Securities Exchange (ASX)
  • Dow Jones
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Gold
  • Oil
  • Silver
  • Precious Metals
CFD Trading Yes No
CFD Leverage 1:1000
CFD FTSE Spread 0.5
CFD GBPUSD Spread 0.5
CFD Oil Spread 0.018
CFD Stocks Spread 0.07
Forex Trading Yes Yes
Forex GBPUSD Spread 0.5 No fee - payouts approx. 80% (Copper)
Forex EURUSD Spread 0.5 No fee - payouts approx. 80% (Copper)
Forex EURGBP Spread 0.5 No fee - payouts approx. 80% (Copper)
Forex Assets 30+ 20+
Crypto Trading Yes Yes
Crypto Spread From 0.5 No fee - payouts approx. 40% (Copper)
Crypto Coins
  • BTC
  • ETH
  • LTC
  • USDC
  • USDT
  • BCH
  • BTC
  • ETH
  • LTC
  • XBT
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
4.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit

FAQ

Is Deriv or Closeoption better?

Overall we have rated Deriv (88%) higher than Closeoption (75%), but there are additional factors to take into consideration. For example, does Deriv accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if Deriv or Closeoption is best for you.