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CloseOption vs MY FX

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick MY FX leads on safety — winning 1 of 1 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
CloseOption
75/100 risk
Georgia
Read review →
MY FX Forex
62/100 risk
Georgia
Read review →
Safety & Trust
Scam-risk score lower = safer
75
62
Verdict
Severe
Elevated
Regulated
No
No
Licenses
0
0
Tier-1 regulators
0
0
Trustpilot score
3
Reviews collected
63
Exit risk lower = safer
Severe
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$5
Max leverage
Min spread (best acct)
Commission
Cost grade
Account types
1
0
Best for
Suits
Low-budget binary options beginners, Traders comfortable with unregulated offshore brokers
Traders seeking raw ECN spreads from 0.0 pips, Users of MetaTrader 5 for algorithmic trading, Experienced traders comfortable with unregulated brokers
Not for
Anyone requiring strong regulatory protection, Traders who expect reliable withdrawal of profits, Users who need advanced charting and analysis tools
Traders requiring regulated broker protection, Novice traders needing educational support, Investors concerned about fund safety and dispute resolution
Products & Funding
Instruments
--
Deposit methods
--
Withdrawal
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2019-04-09
2025-11-24
Headquarters
Georgia
Georgia
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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