Binomo vs Closeoption

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

Binomo vs Closeoption Comparison Table 2024
Feature Binomo Closeoption
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3.4
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3.8
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Summary

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.

Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.

Crypto Trading
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.

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 Fixed Time Trades Binary Options on Forex & Cryptos
Demo Account Yes Yes
Minimum Deposit $10 $5
Minimum Trade $1 $1
Expiry Times 1 minute - 60 minutes 30 seconds - 1 month
Ladder Binary Options No No
Boundary Binary Options Yes No
Payment Methods
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
Regulator National Bank of Georgia
Mobile Apps iOS and Android iOS & Android
Auto Trading BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading No No
Social Trading No No
Margin Trading No No
MetaTrader 4 No No
MetaTrader 5 No 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 No No
Market Maker No No
P2P Trading No No
Spot Trading No No
Trade Signals Yes
VPS Hosting No No
Tournaments No No
Demo Competitions No Yes
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR USD
Stock Exchanges
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Gold
  • Oil
  • Silver
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 19 20+
Crypto Trading Yes Yes
Crypto Spread No fee - payouts approx. 40% (Copper)
Crypto Coins
  • ADA
  • BCH
  • BTC
  • LTC
  • 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
3.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit

FAQ

Is Binomo or Closeoption better?

We have rated Closeoption (75%) higher than Binomo (67%), but the overall rating can't be the only determining factor. For example, does Binomo 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 Binomo or Closeoption is best for you.