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%
| Quotex | CloseOption | |
|---|---|---|
| Overview | ||
| Summary | Founded in 2019, Quotex is a broker offering over 100 assets like forex, stocks, indices, commodities, and cryptocurrencies. The platform focuses on ease of use, with short-term contracts from 5 seconds to 4 hours and payouts up to 98%. Quotex remains a leading firm with short-term binary options on over 400 assets and payouts up to 98%. The company offers a web platform with a user-friendly design, various charting styles, many indicators, and daily trading signals. Forex trading: Trade binary options on over 40 currency pairs, including major, minor, and exotic ones. While the selection is smaller than some competitors, payouts can exceed 80% on the EUR/USD. Crypto trading: Quotex offers binary options trading on a limited selection of major cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It excels in crypto payouts, achieving up to 94% on Bitcoin during peak sessions. The platform is also user-friendly for beginner crypto binary traders. | 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 | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | Binary Options on Forex & Cryptos |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $5 |
| Minimum trade | $1 | $1 |
| Max payout | 98% | 95% |
| Expiry times | 5 seconds - 4 hours | 30 seconds - 1 month |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | Android, iOS via progressive web app | iOS & Android via mobile web trader |
| Mobile trading | Quotex offers a full-featured trading app with tools like dynamic charts and signals. Its user-friendly design matches the web platform for easy use on computers, tablets, and mobile devices. Light and dark modes add flexibility. | 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 |
| Auto trading | No | – |
| Copy trading | Yes | No |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | Daily Trading Signals | – |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa | American Express, Apple Pay, Bitcoin Payments, Ethereum Payments, Google Pay, Mastercard, PayPal, UnionPay, Wire Transfer |
| Account currencies | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH | 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 | Yes | No |
| Margin trading | No | No |
| Tournaments | Yes | Yes |
| Demo competitions | No | Yes |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Australian Securities Exchange (ASX), Borsa Italiana, CAC 40 Index France, DAX GER 40 Index, Dow Jones, Euronext, FTSE UK Index, Hang Seng, Hong Kong Stock Exchange, IBEX 35, Japan Exchange Group, Nasdaq | – |
| 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 | 40+ | 20+ |
| Crypto trading | Yes | Yes |
| Crypto coins | BTC, ETH, 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 Quotex or CloseOption better?
Overall we have rated Quotex (87%) higher than CloseOption (75%), but there are additional factors to take into consideration. For example, does Quotex accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our comparison table to see if Quotex or CloseOption is best for you.
VisitYour capital is at risk.