Skip to playerSkip to main content
Want to test your trading skills without risking your own capital? In this video, we are breaking down how to enter and compete in CloseOption's Free Weekly Trading Contest Tournaments, where the top traders split a weekly prize pool!

In this step-by-step tutorial, I’ll show you the exact process for registering, navigating the tournament dashboard, and implementing a disciplined trading strategy to climb the leaderboard. Whether you want to practice your technical analysis or experience a live competitive trading environment, these weekly free tournaments are an excellent tool for developing traders.

Open Free Contest Account: https://tinyurl.com/closeoption

Don't forget to LIKE this video if you found it helpful, and SUBSCRIBE for more weekly financial education, market analysis, and trading contest strategies!

⚠️ Risk Disclaimer:
Trading financial markets involves significant risk and is not suitable for every investor. The content in this video is for educational and informational purposes only and should not be considered financial advice. Past performance in demo or contest environments does not guarantee future results in live markets. Always practice proper risk management.

CloseOption, CloseOption trading contest, CloseOption weekly tournament, free trading contest, free trading tournament, how to win trading contest, CloseOption strategy, competitive trading, day trading tournament, binary options contest, free options trading tournament, trading contest $750, CloseOption review, trading simulator challenge, paper trading contest, how to practice trading, financial education, forex trading strategy, crypto trading contest, GS trading

#TradingContest #CloseOption #DayTrading #FinancialEducation

Category

📚
Learning
Transcript
00:00doing a review of a binary options broker named close option this is one of my favorite trading
00:11platforms for binary options here i'm here on the site right now this is the home page of the site
00:19um the good thing about close option is that they have various accounts um they have a contest
00:24account they have a real account and they have a demo account in the demo account you can um
00:32basically you know practice your trading which i recommend anybody starting out in trading options
00:37to um get get some practice in first they'll give you a thousand dollars in demo money
00:45um to trade with here let me click on the trade room
00:57and this is what the trade room looks like you have a number of currency pairs available they also have
01:06cryptocurrencies here like ether bitcoin cash uh bitcoin ether xbt litecoin
01:17as well as the your traditional currencies pairs including euro usd
01:23uh usd swiss franc and they're all listed here at the top when you click on this
01:27this button here you can trade anywhere from 30 seconds to one month as you see here and the light
01:35sizes begin at one dollar you can trade a minimum of anywhere from one dollar up to a max of
01:41i'm not
01:51we have with the amount of profit for each particular currency pair not all the current some of the
01:56currency pairs you see you have 70 percent here you get 50 percent there are their various returns
02:02if you win the trade for these currency pairs or the the cryptocurrency pairs
02:10okay so
02:16i'm looking at five second candles you can look at 10 second candles
02:21or 30 second candles as well as um line chart you could do line chart if you're into line charts
02:30what do we have here little shading of the line chart i prefer to use the candles myself
02:39um gives you a list of your trade history based on your previous um trades
02:46i guess here there's a list of top traders going and the trades that they've made
02:56suggestions a suggestion box for if you have any um inquiries about the platform ideas on how to
03:04improve the platform here
03:09they also have a no deposit bonus um as soon as you open an account with them they'll put 20
03:15dollars in your account you have to be your account has to be approved though and the way you approve
03:20your account is you basically need to send them your proof of um identity like a passport or a driver's
03:26license and a proof of address which would which would be something like a utility bill
03:33uh cable bill or something like that with your name and and the address of the location um and then
03:40they have to match your it has to your your your address id your address proof has to match your
03:48identity proof which is pretty rather simple um i was able to get approved rather quickly
03:55um and it shouldn't be a problem but you need to be approved in order to get the bonus and
04:00also
04:01to do live trades as well as withdraw money i'm going to show you some of my withdrawals i've done
04:08in
04:08the past with them here i use paypal there are a number of options you have for making deposits in
04:13withdrawal you can withdraw you can deposit and withdraw with bitcoin paypal perfect money web money and uh
04:20through a wire transfer i use paypal and um i also um give my withdrawals through paypal as well
04:27and the withdrawals are rather quickly actually um i did my latest withdrawal with um i think yesterday
04:36um i sent a request like um i think it was the day before yesterday and i've already received that
04:42i got
04:42my withdrawal this money here and i'm gonna show you here here's close options sent you to my paypal just
04:48to let people know that they do um if you're worried about getting your withdrawals for your profits um
04:54they do send your money here this is in my email account hello gus um close options sent you 120
05:02okay so they do um give you your money um they're they're pretty reputable they they've gotten they have
05:11pretty good reviews also online i went through some websites um here's some some reviews about close options
05:18uh close option from other people uh i've been trading there and it's great you can make um five
05:24dollars to 200 in an hour that's a good thing about close option you could start with a with a
05:28live
05:29account with as little as a little uh as little as five dollars i recommend higher amount because when
05:35you're trading you know you you will have you will not every trade is going to be a winner you
05:41can also
05:41check out some of my strategies on my youtube channel that i have um that i use to um help
05:48grow my account
05:50um
05:53some other thing i've chatted with a member and was told they're regulated uh you know that's the
05:58thing about uh regulations i mean just because a company's not regulated doesn't mean that they're
06:05not legit or they're illegal uh i've i've you know received my money from them i have no problem with
06:11them i'm in the u.s they also accept u.s traders that's another positive aspect about close option
06:19okay there's another per recent review from josh here been using close option for about four months
06:25with a live account and couldn't have been a better experience i get my profits paid out daily
06:30which i do as well which is really quick without any problems um here's another just opened an
06:36account or uh june 7 2018 just opened an account nice platform simple yet elegant they don't have
06:43indicators which is true but you can also you can get your indicators from another website there are
06:48different websites you can you can uh tag team for you with your indicators so those are the positive
06:55reviews like i said there's uh the 20 they give you a 20 deposit bonus but there are terms involved
07:01i think you have to trade something like uh you need it says here you need to trade sixteen hundred
07:06dollars uh a turnover of sixteen hundred dollars in order to eventually withdraw the profits
07:13if you if you accept to take the twenty dollar bonus what we have here okay
07:22yeah here are my withdrawals again i think i've withdrawn about three hundred dollars from them so far
07:30uh again here's the platform very simple easy to use platform
07:40okay i'll get back here
07:44and they also have a very interesting uh aspect uh as well uh which i mentioned earlier they have
07:50this thing called the um the weekly contest and let me see if i could pull it up here
07:59where's the dashboard okay let's go to the home page here
08:04and they have a contest and in order to be eligible for the contest you you don't even need
08:09a real account you can you can have uh uh just demo you can have just a demo account
08:17and but of course your your account has to be approved it has to be um you have to send
08:24your your
08:24approval documentation in order to participate in the contest and they give away something like i think
08:29seven hundred and fifty dollars every week um they give you ten thousand dollars in in demo money
08:37for the contest and the contest i believe last about a week and whoever has the the highest balance
08:43at the end of the week they have anywhere if i think from first prize second prize third and up
08:48to
08:48five prizes available every week so that's pretty cool you know they um they they that they do that
08:55i think it's very interesting i don't find too many other platforms that provide uh
09:04contests so here you know you and then they have tutorials here on how to you know get your account
09:10verified financial stuff here i'm not going to go into it they're pretty self-explanatory how to verify
09:17the account how to change your order time how to change your avatar if that if people are into that
09:23the different account types what we just discussed you have demo you have live and um the contest accounts
09:33how to see the contest results here
09:38different promotions that are available sometimes they may have and each of them you be careful to
09:45read the promotions because if the the bonuses there are um you know strings attached with the bonuses
09:53where you have to change you have to have a certain turnover in volume in order to get uh when
09:58they
09:58when you um accept the bonuses so just be sure to read the terms and conditions for the bonuses
10:05again here we go again uh the withdrawal methods they do crypto bitcoin paypal web money and perfect money
10:14they don't do uh one thing they don't do is a debit or credit cards so be aware of that
10:21um if you don't
10:23if you're interested in i i definitely recommend paypal the payments are you know the withdrawals are like i did
10:29a withdrawal i think i've made a request for my withdrawal and within 10 hours um it showed up in
10:36my
10:37paypal account the withdrawal here um so that's good and if you want to do your own vetting you know
10:47you
10:47can go and google close option here and for the most part they've you know they have good reviews um
10:54they're good reviews and i highly recommend them um if you're uh if you're trading if you like trading
11:01binary options a lot of people love to trade binary options because they're very simple to understand
11:05and utilize and that's why i use them too um so basically yeah that's my review um if you like
11:15the
11:15video you know please like and subscribe to my channel um and hit the notifications icon
Comments

Recommended