RaceOption vs Closeoption

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

RaceOption vs Closeoption Comparison Table 2024
Feature RaceOption Closeoption
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3.5
United States Flag
United States accepted
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3.8
United States Flag
United States accepted
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Summary

RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses.

CFD Trading
Access a modest range of CFD instruments across key markets, including indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customisable time intervals.

Forex Trading
RaceOption offers 25+ major and minor currency pairs on a no-frills, web-accessible platform with 30+ indicators and built-in copy trading opportunities for a hands-off investment approach.

Crypto Trading
Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY.

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 20% - 200% Deposit Bonus $10 Welcome Gift
Instruments Binary Options, CFDs Binary Options on Forex & Cryptos
Demo Account Yes Yes
Minimum Deposit $250 $5
Minimum Trade $0.01 $1
Expiry Times 5 seconds - 30 days 30 seconds - 1 month
Ladder Binary Options Yes No
Boundary Binary Options No No
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • Visa
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
Regulator National Bank of Georgia
Mobile Apps iOS & Android iOS & Android
Copy Trading Yes No
Social Trading Yes No
Margin Trading Yes No
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes 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 No
Market Maker No No
P2P Trading No No
Spot Trading Yes No
VPS Hosting No No
Tournaments Yes No
Demo Competitions No Yes
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR, GBP, AUD, RUB USD
Stock Exchanges
  • DAX GER 40 Index
  • FTSE UK Index
Commodities
  • Silver
  • Gold
  • Coffee
  • Oil
CFD Trading Yes No
CFD Leverage 1:500
CFD FTSE Spread Variable
CFD GBPUSD Spread Variable
CFD Oil Spread Variable
CFD Stocks Spread Variable
Forex Trading Yes Yes
Forex GBPUSD Spread Variable No fee - payouts approx. 80% (Copper)
Forex EURUSD Spread Variable No fee - payouts approx. 80% (Copper)
Forex EURGBP Spread Variable No fee - payouts approx. 80% (Copper)
Forex Assets 25+ 20+
Crypto Trading Yes Yes
Crypto Spread Variable No fee - payouts approx. 40% (Copper)
Crypto Coins
  • BTC
  • 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
3.5
United States Flag
United States accepted
» Visit
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit

FAQ

Is RaceOption or Closeoption better?

We have rated Closeoption (75%) higher than RaceOption (70%), but the overall rating can't be the only determining factor. For example, does RaceOption 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 RaceOption or Closeoption is best for you.