RaceOption vs Closeoption
Compare RaceOption and Closeoption in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | RaceOption | Closeoption |
|---|---|---|
 United States accepted |
United States accepted |
|
| Summary | RaceOption is a binary options broker based in the Marshall Islands. It serves over 1,500 clients, providing quick funding, low fees, and a secure platform. Traders can access more than 100 binary options and CFDs, along with copy trading and weekly prizes. RaceOption provides over 100 binary options with payouts up to 95% and expiries starting at 5 seconds. Clients can access free deposits, quick withdrawals, and various trading bonuses with a minimum deposit of $250. CFD Trading Forex Trading Crypto Trading |
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 |
| 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 |
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| Regulator | National Bank of Georgia | |
| Mobile Apps | iOS & Android | iOS & Android |
| Mobile Trading | Despite some connection issues during testing, the RaceOption mobile trading app performs well. You can easily adjust binary settings around the chart and confirm trades by clicking the ‘Up’ and ‘Down’ buttons. The ‘My Trades’ feature in the bottom left of the interface makes it easy to monitor multiple trades. | 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. |
| 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 |
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| Commodities |
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| 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 |
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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 accepted |