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.
| Feature | World Forex | Closeoption |
|---|---|---|
 United States accepted |
United States accepted |
|
| Summary | World Forex, an offshore broker in St Vincent and the Grenadines, offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts provide beginners an easy way to trade on major financial markets. World Forex provides binary options where you choose the stake, price direction, and contract duration. Payouts can reach up to 100% on American contracts and 85% on European contracts, which also allow a partial refund if contracts are closed early. 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 | 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 |
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| Regulator | SVGFSA | National Bank of Georgia |
| Mobile Apps | iOS, Android + Web Browser | iOS & Android |
| Mobile Trading | The WorldForex Trader Lite app provides limited mobile trading functions. It takes over 30 minutes to access the app due to a complicated account setup. The mobile interface is outdated and includes basic charts and order windows. It also operates slowly and may lag when switching features or placing trades. Overall, it is behind top competitors. | 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. |
| 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 |
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| Commodities |
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| 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 |
|
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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 |