Close Option Link http://bit.ly/CloseOptionDemo

In summary our experience with pros and cons

Pro

• Maximum reliability with punctual payments,
• Stable platform with always accessible link
• Accurate Metatrader/Trading View data
• The lowest minimum deposit
• The simplest platform for beginners
• Integrated graphics tools
• Deposit and withdrawal also with PayPal
• The best trading experience in our and traders opinion

Against

• Payouts lower than the competition
• Less popular assets have too low payouts
• Lack of advanced indicators
• Candles from 5 seconds to 1 minute max
• License not known

Close Option Main Features

• Authorizations: Not regulated by European financial authorities such as Consob.
• Minimum deposit $5.
• Platform: Browser-based, simple and intuitive, but without a dedicated mobile app.
• Charting Tools: Includes candlesticks, trendlines, and Fibonacci.
• Payout. Variable payout up to 95% in stable markets, with different account levels (from Cooper to Diamond). For the basic account the payout is around 80% on the main assets.
• Available Assets Currency pairs, cryptocurrencies and commodities, but not stocks or ETFs.
• Minimum trade: $1.

Commissions and costs

There are no transaction fees, but there may be charges for deposits and withdrawals, especially via bank transfer. Additionally, an inactive account for more than three months is subject to a 0.5% fee on the balance.

PayPal recommended for no commissions

How to get started on Close Option

To start trading with Close Option, follow these steps:

• 1. Registration: Go to the Close Option website and create an account. Registration is quick and free.
• 2. Verification: Complete account verification by providing the required documents.
• 3. Deposit: Make a minimum deposit of $5 using one of the available payment methods (cards, cryptocurrencies, etc.). Do not deposit before your documents are verified.
• 4. Platform: Access the trading platform via browser.
• 5. Trading: Choose an asset, set the trade amount (minimum $1), and select “Call” or “Put” to start trading.

Trade Deadlines

Note: Start with the demo account to familiarize yourself with the platform before investing real funds.

How to Deposit and Withdraw on Close Option

To deposit and withdraw on Close Option , follow these steps:

Deposit:

1. Log in to your account at Close Option .

2. Go to the “Deposit” section.

3. Choose your preferred payment method (PayPal, cryptocurrencies, or e-wallets).

4. Enter the amount you wish to deposit (minimum $5).

5. Confirm the transaction and wait for processing.

Withdrawal:

1. Log in to your account and go to the “Withdrawal” section.

2. Choose the withdrawal method used for the deposit.

3. Enter the amount you wish to withdraw.

4. Confirm the request. Processing time may vary depending on the method chosen.

Graphical Tools on Close Option

Close Option offers a variety of charting tools to support technical analysis while trading. These include candlestick charts, trendlines, and technical indicators such as Fibonacci. However, the platform is quite basic compared to other more advanced trading platforms, and is primarily focused on short-term binary options trading. It does not have advanced tools such as complex indicators or the ability to customize the charts much, but it is sufficient for those looking for a simple trading experience.

Close Option Trading Strategies

At Close Option, you can use different binary options trading strategies. Some of the common strategies include:

1. Trend Following Strategy: Identify a clear trend (upward or downward) and open positions in line with the direction of the trend.

2. Support and Resistance Strategy: Monitor support and resistance levels on the charts to predict bounces or breakouts and place your trades.

3. 60 Second Strategy: Use short time frames (60 seconds) to take advantage of small price swings in volatile markets.

Before using a strategy, I recommend you test it on a demo account to evaluate its effectiveness without risking real capital.

Why choose Close Option

You may choose Close Option for the following reasons:

1. Low Minimum Deposit: With a minimum deposit of just $5, it is accessible to traders with small capital.

2. Simple Interface: The platform is easy to use, suitable for those who are new to binary options trading.

3. Fast and secure payouts: offers payouts of up to 95% in VIP accounts, potentially higher than other brokers.

4. Payment Methods: Accepts a variety of options, including PayPal and cryptocurrencies, making deposits and withdrawals easy.

These aspects make Close Option an interesting choice, especially for those looking for a quick and easy way to start trading with small amounts.

The main competitor for Close Option remains Pocket Option, which however is often blacked out by authorities in countries where binary options are prohibited, here is a comparison table:

Close Option / Pocket Option comparison

Table comparing the main features of Close Option and Pocket Option:

Bottom Line: Pocket Option offers more options in terms of regulation, mobile app, and asset variety, while Close Option stands out with its lower minimum deposit and PayPal integration.

Close Option is suitable for those looking for a simple trading option with a low initial investment. It is the recommended broker for those who are afraid of not being paid, or that the platform will suddenly be blocked. Ultimately, the broker that has demonstrated the greatest security and reliability over time.

Try Close Option Demo

Want a Close Option Strategy? https://youtu.be/NVlwfOgvgDE