Live markets
Loading prices…
Home / Compare brokers / CloseOption vs Deriv

Compare brokers side by side

Pick any two providers — we highlight the stronger row on each metric and animate scores so differences are easy to spot.

CloseOption

0 out of 5

CloseOption is the most user-friendly binary broker for new traders. Registration takes under 5 minutes, with a minimum deposit of $5 and a minimum stake of $1. It is also ideal for traders interested in binary trading competitions, offering weekly tournaments and cash prizes up to $1,000, plus $500 in prop trading accounts for some winners.

Visit CloseOption »

Deriv

0 out of 5
Higher rating

Deriv — listed in our 2026 binary options directory. Min deposit: $5.

Visit Deriv »

Category scores

Head-to-head bars use the same 1–5 editorial rubric as our full reviews.

  • Payouts / pricing
    4.1
    4.3
  • Platform & tools
    4.2
    4.6
  • Regulation & trust
    3.9
    4.2
  • Support
    4.2
    4.4

Full comparison table

Green cells mark the stronger value on that row (where a clear winner exists).

Metric
CloseOption
Deriv
Minimum deposit Lower entry can mean cheaper live tests
$5
$5
Payouts / pricing
Up to 95%
Synthetic & multiplier products
Expiry / hold time
30 seconds - 1 month
15 seconds - 365 days
Regulation
Offshore
MFSA, LFSA, VFSC & other entities
Founded
—
—
Markets covered
Binary options
Binary options
Demo account
Yes
Yes
Mobile app
Yes
Yes
Editorial rank
1016
1010
Overall rating
4.2
4.6

CloseOption — pros

  • CloseOption runs weekly trading contests with a $1,300 prize pot up for grabs and virtual capital for competing.
  • It takes less than 5 minutes to open an account and start trading based on testing.
  • CloseOption publishes regular market analysis, available via the client dashboard with helpful technical summaries.
  • New traders need just a $5 minimum deposit and $1 stake to get started.
  • Added CProp funded trading account program in 2026, offering up to $50k and 95% profit splits.
Full CloseOption review →

Deriv — pros

  • Broad product mix beyond classic binaries
  • Longer history and multiple licensed entities
  • Low minimum for many account types
  • Strong developer APIs for advanced users
Full Deriv review →

Markets at a glance

CloseOption

Binary options

Deriv

Binary options

Your capital is at risk. Comparison data is editorial — verify live terms, regulation, and fees on each broker’s site before depositing.