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General Information & Regulators of CloseOption
CloseOption is a Georgian-based brokerage company, registered on August 8, 2013. CloseOption's Forex and futures trading activities are permitted by the National Bank of Georgia under the license number of B 2-08/3647. Customer satisfaction is the ultimate and primary goal of CloseOption. CloseOption provides its clients with 24/7 customer service and helps them to solve all kinds of problems encountered in trading.
Safety Analysis of CloseOption
CloseOption's official website claims that the company's Forex and futures trading activities are licensed by the National Bank of Georgia, but please note that the National Bank of Georgia is not a regulatory body and is not able to authorize Forex futures trading activities. Therefore, CloseOption is most likely a falsely advertised unregulated trader. Investors should be careful to avoid the CloseOption trading platform.
CloseOption is an international broker offering binary options for investors worldwide, with more than 30 Forex currency pairs.
Account Types of CloseOption
CloseOption offers investors three different types of accounts, mainly Real Accounts, Contest Accounts, and Demo Accounts. Rea Accounts have a minimum deposit of $5, a minimum trade size of $1, and a maximum trade size of $1000 per trade. Contest Accounts, like real accounts, allow traders to experience a real trading environment, prepare them for real trading and have the opportunity to win cash prizes. Demo accounts are available for new traders to connect with trading strategies.
Trading fees of CloseOption
The official website of the CloseOption platform has no information about the trading fees, but asking support staff to know, CloseOption does not charge a commission while calculating it into spreads.
Deposit and Withdrawal of CloseOption
CloseOption offers a range of convenient and secure deposit and withdrawal options for its clients worldwide. Traders can access their CloseOption investment accounts via Perfect Money, WebMoney, PayPal, MasterCard, Bitcoin, cryptocurrencies, and other payment methods. There are no fees for withdrawals via cryptocurrency, Perfect Money, WebMoney, and a $50-$100 transfer fee for withdrawals via wire transfer, depending on the withdrawal amount.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.