World Forex vs Closeoption

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

World Forex vs Closeoption Comparison Table 2023
Feature World Forex Closeoption
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4
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United States accepted
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3.8
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Summary

World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.

CFD Trading
World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances.

Forex Trading
World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types.

Crypto Trading
Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.

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 100% Deposit Bonus $10 Welcome Gift
Instruments Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts Binary Options on Forex & Cryptos
Demo Account Yes Yes
Minimum Deposit $1 $5
Minimum Trade 0.01 Lots $1
Expiry Times 1 minute - 7 days 30 seconds - 1 month
Ladder Binary Options No No
Boundary Binary Options No No
Payment Methods
  • ADVcash
  • Apple Pay
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Google Wallet
  • Mastercard
  • Perfect Money
  • Visa
  • Wire Transfer
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
Regulator SVGFSA National Bank of Georgia
Mobile Apps iOS, Android + Web Browser
Auto Trading Yes
Copy Trading Yes No
Social Trading No No
Margin Trading Yes No
MetaTrader 4 Yes 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 Yes No
ECN Account Yes 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
Trade Signals Yes
VPS Hosting Yes No
Tournaments Yes No
Demo Competitions Yes Yes
Ethical Investing No No
Islamic Account Yes No
Account Currencies USD, EUR, RUB USD
Stock Exchanges
  • Nasdaq
  • S&P 500
Commodities
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Oil
CFD Trading Yes No
CFD Leverage 1:1000
CFD FTSE Spread NA
CFD GBPUSD Spread NA
CFD Oil Spread NA
CFD Stocks Spread From 0.03
Forex Trading Yes Yes
Forex GBPUSD Spread From 0.6 No fee - payouts approx. 80% (Copper)
Forex EURUSD Spread From 0.6 No fee - payouts approx. 80% (Copper)
Forex EURGBP Spread From 0.6 No fee - payouts approx. 80% (Copper)
Forex Assets 53 20+
Crypto Trading Yes Yes
Crypto Spread No fee - payouts approx. 40% (Copper)
Crypto Coins
  • BCH
  • BTC
  • DSH
  • EOS
  • ETH
  • LTC
  • NEO
  • XMR
  • XRP
  • ZEC
  • 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
United States Flag
United States accepted
» Visit
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit

FAQ

Is World Forex or Closeoption better?

Overall we have rated World Forex (80%) higher than Closeoption (75%), but there are additional factors to take into consideration. For example, does World Forex 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 World Forex or Closeoption is best for you.