CloseOption is a binary options broker established in 2013 in Georgia. Regulated by the National Bank of Georgia, license number - B2-08/3647.
CloseOption Profile Details: Key Information About The Company
Updated: October 12, 2023
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CloseOption is a renowned binary options broker serving traders since 2013. Registered in Georgia and operating under the watchful eyes of the National Bank of Georgia, this review aims to shed light on the company's offerings, its strengths, and areas of improvement.
What the profile on CloseOption includes?
CloseOption stands out as a binary options broker, having its roots established in Georgia in 2013. Operating under the stringent supervision of the National Bank of Georgia, the broker has carved a niche for itself in the competitive trading landscape. CloseOption's proprietary web platform facilitates trading in pairs, encompassing fiat currencies and cryptocurrencies.
One of CloseOption's standout features is its specialization in active options trading. However, understanding the diverse needs of traders, the broker also extends an affiliate program. This program is tailored for those looking to generate passive income, adding another dimension to its service portfolio.
Financial transactions, often a concern for traders, are streamlined on CloseOption. Clients can choose from more than ten payment systems for depositing and withdrawing funds. A noteworthy aspect is that the majority of these payment avenues do not levy any transaction fees, ensuring traders retain a significant portion of their earnings.
Many traders ask: Is binary trading legit on CloseOption? Yes, it is. Delving into the advantages of trading with CloseOption, several factors come to the fore. Firstly, the broker operates with a license from a reputable financial regulator, ensuring credibility and trust.
CloseOption general information
Contact information
CloseOption's official registration address is Vake-saburtalo district, Al Kazvegi Ave. N41 Apt.N19, Tbilisi, Georgia. Their official website can be accessed at CloseOption. For any queries or support, they can be reached via email at info@CloseOption.com or through phone numbers +442032902097 and +17068474747.
Who is the owner of CloseOption?
Established in 2013 in Georgia, CloseOption operates under the National Bank of Georgia's supervision. The broker facilitates trading in pairs with fiat currencies and cryptocurrencies on its proprietary web platform. Organic Tech LLC owns the brand and has been in operation since 2015.
Customer base
CloseOption offers its services globally, with a few exceptions. They do not provide services in countries like Afghanistan, Algeria, Bangladesh, Brazil, China, Colombia, Egypt, Georgia, India, Indonesia, Iran, Iraq, Israel, Malaysia, Mexico, Morocco, Myanmar (Burma), Nepal, Niger, Nigeria, North Korea, Pakistan, Palestine, Russia, Sri Lanka, Syria, Tunisia, Uzbekistan, Venezuela, and Zimbabwe.
List of banned countries of CloseOption
CloseOption does not offer its services in the following countries:
1
Afghanistan
2
Algeria
3
Bangladesh
4
Bhutan
5
Brazil
6
China
7
Colombia
8
Egypt
9
Georgia
10
India
11
Indonesia
12
Iran
13
Iraq
14
Israel
15
Malaysia
16
Mexico
17
Morocco
18
Myanmar (Burma)
19
Nepal
20
Niger
21
Nigeria
22
North Korea
23
Pakistan
24
Palestine
25
Russia
26
Sri Lanka
27
Syria
28
Tunisia
29
Uzbekistan
30
Venezuela
31
Zimbabwe
Traders from these countries are advised to seek alternative platforms or brokers that cater to their region.
Legal entities and regulation
People ask: is binary options trading safe on CloseOption? CloseOption is a regulated binary options broker registered in Georgia in 2013. It operates legally under the National Bank of Georgia's supervision. The broker holds a license with the National Bank of Georgia, whose license number is B2-08/3647.
Overview of products
CloseOption boasts a proprietary web platform tailored for binary options trading enthusiasts. With a minimum deposit of just $5, it offers an accessible entry point for traders. The platform provides a 1:1 leverage and round-the-clock support, ensuring traders have the resources they need at their fingertips.
CloseOption services
CloseOption's proprietary web platform is designed for binary options trading. With a minimum deposit of just $5, it's accessible for traders of all levels. The platform offers 1:1 leverage and 24/7 support, ensuring traders have a seamless trading experience. Additionally, traders can monitor the status of their previously submitted requests on the platform.
FAQs
Is CloseOption real or fake?
CloseOption is a legitimate binary options broker registered in Georgia in 2013. It operates under the supervision of the National Bank of Georgia, ensuring that it adheres to financial regulations and standards, providing a level of trustworthiness to its users.
Does CloseOption really pay?
Yes, CloseOption is known to honor withdrawals, ensuring traders can access their funds. Their commitment to transparency and reliability has earned them a positive reputation in the trading community.
Can you use a bot on CloseOption?
Yes, traders can use bots on CloseOption to automate their trading. However, it's essential to ensure that the chosen software is compatible with the platform. Automated trading can be beneficial, but users should exercise caution and understand the bot's functionality.
How do I set up a CloseOption account?
Setting up an account with CloseOption is straightforward. Simply sign up, choose your preferred account type, and start trading. The platform is designed to be user-friendly, ensuring a seamless onboarding process for new traders.
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Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
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