CloseOption Reviews

Here are the top 10 alternatives to CloseOption:

1. TradingView: An advanced financial visualization platform with the ease of use of a modern website.
2. Kite: An application/software to buy and sell share market, stocks etc.
3. thinkorswim: Trade equities, options, futures, and forex on your own personal trading platform, powered by insights and education.
4. eToro: A leader in the global Fintech revolution. It is the world-leading social trading network, with millions of registered users and an array of innovative trading and investment tools.
5. E*Trade Web Platform: The original place to invest online, and the heart of the E*TRADE experience. Buy, sell, research, generate ideas, and track the markets, all in one place.
6. MetaTrader 4: A FCA-regulated provider of FX and CFD trading to retail and institutional investors.
7. IEX: Designed to provide execution quality by protecting resting orders.
8. MetaTrader 5: The most widely used electronic trading platform and has been adopted as the forex market standard thanks to its cutting-edge technology and suitability for traders of all skill levels.
9. Speedbot: An All-in-One Algo-Trading platform.
10. Iq Option: A platform with tight regulations and great trading conditions.

These platforms offer a variety of features and services that can cater to different trading styles and preferences. They are all highly rated and trusted in the trading community.

CloseOption.com is recognized for its binary options trading services, which allow users to trade on a variety of assets. The platform is particularly known for its user-friendly interface and weekly trading contests, where traders can compete for real prizes. It offers a demo account for practice and an affiliate program for additional earning opportunities. Traders can engage in options trading with a focus on cryptocurrencies and forex markets, and the platform provides educational resources to enhance trading skills. The services are accessible via both PC and mobile devices, ensuring convenience for users with different trading preferences.

CloseOption.com, being a binary options trading platform, does not have a shipping policy as it deals with digital financial transactions. Regarding the return policy, the platform specifies that refunds are not issued except for withdrawals under certain conditions. If a client funds an account and does not engage in trading, they can request a refund through the website. The funds will be returned using the same method as the deposit, minus any applicable fees. The company reserves the right to decide on refunding the initial money in cases of abuse, illegal, or dishonest activity. It is important to note that the company does not issue refunds for clients who lose their money while trading. All other requests are considered withdrawals, and the process for these is detailed on the website.

CloseOption supports a range of assets for binary options trading, including more than 25 forex pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as digital currencies like BTC/USD, ETH/USD, and LTC/USD. This selection, while offering a variety of options for currency traders, is somewhat limited when compared to other platforms that may also provide binaries on stocks and commodities. The focus is primarily on major and minor forex pairs and popular cryptocurrencies, catering to traders interested in these markets.

To create an account on CloseOption, visit the CloseOption website and fill out the registration form. You can register with your Google or Apple account for convenience. Once registered, you will have access to three account types: Contest, Demo, and Real account. It's important to note that while you can start trading with your Demo and Real accounts immediately, your account must be approved to participate in weekly contests. The Demo account is recommended for novice traders and is risk-free, while the Real account requires a minimum deposit of $5 and is recommended for experienced traders. Remember, only one account per user is allowed, and creating multiple accounts is against the terms of service. After registration, verify your account by clicking on the link sent to your email to start trading.

When trading binary options with CloseOption, there are no commission fees for transactions. However, accounts that remain inactive for more than three months will incur a 0.5% fee based on the account balance. Additionally, there is a $10 reactivation fee to reopen a profile that has been dormant. It's also important to note that while there are no fees for deposits or withdrawals, the best returns are available to traders with Diamond status, which offers up to 91% on major forex pairs. For accounts with lower status, such as the Copper account, the payouts are up to 76%.