Closeoption vs Nadex Exchange

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

Closeoption vs Nadex Exchange Comparison Table 2024
Feature Closeoption Nadex Exchange
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3.8
United States Flag
United States accepted
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4.3
United States Flag
United States accepted
» Visit
Summary

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.

Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.

Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers ultra-short term binaries that expire after 5 seconds.

Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex continues to offer a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.

Crypto Trading
Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token.

Bonus $10 Welcome Gift None
Instruments Binary Options on Forex & Cryptos Binary Options, Knock Outs™, Call Spreads
Demo Account Yes Yes
Minimum Deposit $5 $250
Minimum Trade $1 $1
Expiry Times 30 seconds - 1 month 5 seconds - 1 week
Ladder Binary Options No No
Boundary Binary Options No Yes
Payment Methods
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
  • ACH Transfer
  • Cheque
  • Debit Card
  • Mastercard
  • Visa
  • Wire Transfer
Regulator National Bank of Georgia CFTC
Mobile Apps iOS & Android NadexGO
Auto Trading Yes
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 Yes No
Ethical Investing No No
Islamic Account No No
Account Currencies USD USD
Stock Exchanges
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • Shenzhen Stock Exchange
Commodities
  • Natural Gas
  • Gold
  • Silver
  • Oil
CFD Trading No No
Forex Trading Yes Yes
Forex App

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

Forex GBPUSD Spread No fee - payouts approx. 80% (Copper) 0.25 pips Var
Forex EURUSD Spread No fee - payouts approx. 80% (Copper) 0.25 pips Var
Forex EURGBP Spread No fee - payouts approx. 80% (Copper) 0.25 pips Var
Forex Assets 20+ 11
Crypto Trading Yes Yes
Crypto Spread No fee - payouts approx. 40% (Copper) Variable
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XBT
  • BTC
  • ETH
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit
rating empty
rating full
4.3
United States Flag
United States accepted
» Visit

FAQ

Is Closeoption or Nadex Exchange better?

We have rated Nadex Exchange (86%) higher than Closeoption (75%), but the overall rating can't be the only determining factor. For example, does Closeoption 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 Closeoption or Nadex Exchange is best for you.