Close Option – binary options broker review

Min. deposit
Min. trade price
Website address
Demo account
Supported languages
* The amount that will be credited to the account in the case of a successful deal

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 Close Option Review: What Brokerage Company’s Potential Customers Should Know

Trading on the global financial market attracts many Internet users who are looking for promising sources of profit. But the lack of the necessary education and experience often leads to the fact that they refuse such an idea. Frustrated traders are frightened by unfamiliar terms, overly complex explanations of how the financial market works, as well as the fear of losing their savings or becoming a victim of fraudsters. The last factor scares not only newbies, but also their more experienced colleagues. In order to avoid such troubles, it is necessary to carefully study the trading platform that interested you. And only after this procedure, you can make a decision about registering an account. Consider the example of Close Option, as carried out the above procedure in practice.


Close Option – binary options broker review


What offers its customers Close Option

The company in question does not fall into the category of popular sites. Some traders (even with extensive experience in the financial markets) know almost nothing about this broker. But this fact is not proof that the company’s website was created by fraudsters to deceive their customers.

Close Option Security

The application created for Close Option, modern software and the maintenance of the resource’s performance by qualified specialists make it possible not to worry about the safety of funds or personal data of service customers. The presented brand is registered in Georgia, and its owner is Organic Tech LLC. The broker has been providing its services since 2013, which is quite convincing evidence of its reliability.

A separate topic is the legal status of a trading platform in the United States. Experienced traders and experts in online trading are well aware that citizens of American states are very sensitive about compliance issues. Even those companies that have been providing services to virtually all over the world for more than a decade may be banned in the states for some reason. In principle, for many traders of the above factors, it is quite enough to boldly register a login on the Close Option site without fear of losing their capital.

On the Internet, you can find reviews (reviews or comments) in which the authors have a negative attitude towards the broker and focus on user verification. They argue that the administration of the resource for the passage of this procedure requires to provide a large number of documents and users have to wait a long time for an answer on their question. Of course, in this case, traders will have to be a little nervous, but such verification allows to “weed out” suspicious persons and “specialists” in money laundering, which positively affects the security of a web resource.

Close Option Activity Regulators

On some websites you can find reviews of the activities of Close Option, which state that the broker does not have any licenses or other documents confirming the legality of his services. This is not true. In fact, the work of a brokerage company is controlled by the National Bank of Georgia. That is, in case of conflict situations, you always have the opportunity to contact the regulator, which will help solve the problem.

Training at Close Option

One of the drawbacks of the presented brokerage company is the fact that its web resource works only in English. That is, newcomers who do not know it well will find it difficult to conduct trading operations or learn how to work in financial markets.

The site contains only general information about the activities of the company, some training materials on the theory and the “questions and answers” section. In case of any problems, traders have the opportunity to contact support representatives who will provide you with the necessary assistance at any time of the day.

The situation is much better with the practical training of novice traders. Thanks to the demo accounts placed on Close Option, users can make deals, develop their own trading strategies or analyze their mistakes.

The main requirements of the administration of Close Option to its customers

The creators of the presented resource placed on the site three types of accounts:

● Demo or training.

● Contest. Competitive (the conditions of the current competition can be found on the official web resource of the company).

● Real. Trading account that allows you to enter into transactions with the use of its own funds.

In addition to these types of accounts, the site provides several levels of accounts (from initial to Vip). Each of them provides certain advantages, both in terms of trade and administration assistance. This parameter directly depends on the deposit amount that the broker’s client makes after registration.

Close Option Trading Terms

Despite the popularity of online trading, reviews posted on Close Option make it difficult to find a well-designed and up-to-date list of trading conditions.

We select the most important of them:

● The amount of the minimum deposit – $ 5.

● The minimum bet is $ 1.

● The potential profit of a trader for each successful transaction is about 85%.

● Bonuses and contests – are provided.

● Account currency – US dollar.

● Referral system – is.

Close Option Deposit / withdrawal of funds

When composing reviews on Close Option, professional traders claim that the broker presented stands out among similar services due to the large selection of methods for depositing and withdrawing money.

These include:

● Popular cryptocurrencies.

● Bank transfers and plastic cards Visa, Mastercard.

● Perfect Money.

● PayPal.

● Webmoney.

Close Option Fixed assets

On the company’s web resource, you can earn money by entering into transactions using such trading tools as binary options, cryptocurrency, oil, metals, currency pairs, etc. The list may vary from time to time, depending on the situation in the global financial market.

General Risk Warning: Your capital might be at risk