3.4/5
Available in null
About Broker
CloseOption review covers a binary options broker operating since 2013 with a low entry threshold and a simple interface. This page sets out the payout terms, the funding methods and the regulatory position from the broker's published data. Updated…
Min. deposit
$ 100
Languages
About Broker
CloseOption review covers a binary options broker operating since 2013 with a low entry threshold and a simple interface. This page sets out the payout terms, the funding methods and the regulatory position from the broker's published data. Updated…
Min. deposit
$ 100
Languages
Available in 195 countries
* General Risk Warning: Your capital might be at risk
*The amount that will be credited to the account in the case of a successful deal
Saqib Iqbal
Author and Expert at Trading.biz
Updated October 23, 2026
CloseOption review covers a binary options broker operating since 2013 with a low entry threshold and a simple interface. This page sets out the payout terms, the funding methods and the regulatory position from the broker's published data. Updated September 2026.
CloseOption review 2026
CloseOption review 2026
Year founded: 2013
Minimum deposit: 5 dollars per the specification table, 100 dollars on the account card. Confirm which applies to your account type.
Deposit currency: USD
Payment methods: PayPal, Perfect Money, crypto, credit and debit cards, WebMoney, wire transfer
Regulation: National Bank of Georgia
Segregated account: not disclosed by the broker
Leverage: none, this is a binary options platform
Instruments: binary options on currency pairs and crypto pairs
Spread: not applicable to this product type
Rating on this site: 3.4 out of 5
The appeal is straightforward: a wide selection of forex and crypto options, a minimal interface and a deposit threshold low enough to test the platform with money you can afford to lose. For someone trying binary options for the first time, those three things remove the usual barriers.
Pros and cons
Summary of CloseOption
The caution is equally straightforward, and it is about product rather than platform. Binary options are a fixed-risk, fixed-reward instrument with a payout structure that gives the house a statistical edge on every contract. That is true at every broker offering them, not just this one. Treat any money you place as money at risk of total loss on each trade, and do not size positions on the assumption of a recovery.
CloseOption is regulated by the National Bank of Georgia. That is real supervision, but it is not comparable to the FCA, ASIC or CySEC in terms of investor compensation or reporting requirements. The broker does not disclose whether client funds are held in segregated accounts, and that absence is worth noting: at brokers under top-tier regulators, segregation is mandatory and published. Here you have no confirmation either way, so treat the deposit accordingly.
Evaluating the High Impact Factors
Funding runs through PayPal, Perfect Money, cryptocurrency, credit and debit cards, WebMoney and wire transfer. The account currency is USD only, so if you fund in anything else you will absorb a conversion cost. The range of e-wallet and crypto options makes this practical for traders in regions where card payments to brokers are unreliable, which is a genuine advantage in emerging markets.
Don’t Trade with CloseOption If:
Trade with CloseOption If:
An Islamic swap-free account is listed, along with PAMM and copy trading. Since binary options carry no overnight financing, the swap-free designation matters less here than at a forex broker. Copy trading lets you mirror another trader's contracts, which carries the same risk as placing them yourself, with the addition that you are trusting someone else's judgement on an instrument that already has a negative expected value.
Traders who specifically want binary options on forex and crypto pairs
People in regions where e-wallet and crypto funding is more practical than card payments
Anyone testing the product with a small, disposable amount
Not suitable if you want leverage, spreads, segregated fund confirmation or top-tier regulatory protection
CloseOption is a functional platform for its niche, with a low barrier and broad payment support, held back by limited regulatory depth and no disclosure on fund segregation. Compare it against other options in our binary options brokers list, and the broker hub covers providers offering leveraged instruments instead.
Expert Opinion on CloseOption
Expert Opinion on CloseOption
Expert Opinion on CloseOption
The specification table states 5 dollars, while the account card shows 100. The figure depends on account type, so confirm it on the broker's site before funding.
A Decent Set of Pairs
Demo Trading Support
3-in-1 Accounts
Yes, by the National Bank of Georgia. That is genuine supervision but carries fewer investor protections than the FCA, ASIC or CySEC.
Contests
The broker does not disclose this. At top-tier regulated brokers segregation is mandatory and stated publicly, so the absence of a statement is worth factoring into your decision.
Deposits and Withdrawals
CloseOption Dashboard
Signing Up
Binary options on currency pairs and crypto pairs. There is no leverage and no spread, since those do not apply to this product.
PayPal, Perfect Money, cryptocurrency, credit and debit cards, WebMoney and wire transfer. The account currency is USD only.
Trading Conditions
2013, giving it over a decade of operation in the binary options market.
Customer Support
Customer Support
Security Standards
Investing Opportunities
Useful Tools for Traders
Useful Tools for Traders
How to Start Trading with CloseOption
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* General Risk Warning: Your capital might be at risk
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