Raceoption is a relatively new UK-based binary options broker that launched in 2014. Headquartered in London with licensing to operate globally, Raceoption stands out for its intuitive trading platform, competitive bonuses, and exceptionally fast withdrawal times. The broker accepts clients from all nations, excluding US traders.
Introducing Raceoption
The Raceoption broker offers an easy-to-use trading tool for binary options and CFDs trading on forex, commodities, indices and cryptocurrencies. On this site, you can trade more than 100 different types of securities in these markets. The broker lets you use up to 1:500 leverage and pays out up to 95% of winning binary deals.
Traders can reach global markets at any time, even on the weekends. There are also many ways to deposit and receive money from this broker. Customers can also get help in multiple languages 24 hours a day, seven days a week, by phone, email, or live chat. All processes are completely safe thanks to data protection protocols.
Pros And Cons
Here are some of the advantages and drawbacks of using this platform:
Pros
- 140+ tradable assets
- Custom trading platforms for desktop and mobile
- A minimum deposit of just $0.10 per trade
- Multilingual customer support
Cons
- Platform better suited for novice traders
- No free demo account
Account Types
Raceoption offers four account tiers:
-
Bronze: Minimum $50 deposit, but with $250, you get 20% deposit bonus, trading course materials, and 1-hour withdrawals
-
Silver: Minimum $1,000 deposit, up to 50% match bonus, risk-free trades, trading protection tools
-
Gold: Minimum $5,000 deposit, up to 100% match bonus, dedicated account manager, highest rewards
-
VIP Account: Raceoption reserves its VIP account for high-volume traders ready to commit $50,000. Extremely active participants qualify for a sizable 200% bonus, rapid payouts and personalized success management.
RaceOption Features
The broker is packed with so many features to help its traders succeed. Here are some of the features Raceoption offers:
Copy Trading
Raceoption provides copy trading capabilities, allowing traders to copy positions opened and managed by selected experts. This allows beginners to mimic profitable portfolio strategies.
1:500 Leverage
Raceoption offers industry-leading 1:500 leverage, allowing traders to open much larger positions with less upfront capital investment.
High Binary Options Payouts
Raceoption provides payouts up to 95% on winning binary options contracts, among the highest payout rates in the market.
Deposits and Withdrawals
Raceoption uniquely credits trader withdrawals in as little as one hour. The broker accepts deposits and withdrawals via credit/debit card, e-wallets like PayPal, and various online payment platforms. A lot of raceoption withdrawal reviews on third-party sites like Trustpilot praise the helpful customer service and quick withdrawal processing.
Bonuses And Promotions
Bonuses range from 20% to 100% matches on deposits, depending on account type. New traders also get a sign-up gift. Raceoption runs a weekly trading contest with prize pools up to $20,000.
Mobile Trading
The Raceoption apps is available for iOS and Android devices, allowing full account access, trade execution, and support functions on the go. The mobile experience is intuitive with a clean interface.
Special Features
Raceoption stands out for its 1-hour withdrawal turnaround, free sign-up gift, and large weekly contests. The platform also focuses heavily on customer service and ease of use.
Customer Support
Support options include 24/5 live chat, email, and international phone numbers. The platform also provides multilingual support in English, Spanish, French, Russian, and more.
Is Raceoption Legit?
There are many reasons why Raceoption is not a scam broker. First of all, it has more than 150,000 deals every day. Many Raceoption reviews on third-party sites like Trustpilot are positive, praising the friendly customer service and quick withdrawals that are processed in just one hour.
Raceoption has a lot of strong security measures in place, like SSL encryption, and customer funds are kept safe in different accounts. Their privacy rules make it very clear how they collect, store, and use user data.
Raceoption is a legitimate broker with a license from the Marshall Islands Trust Company (MH96960) and the license number 104038. With the license number TSRF RU 0395 AA V0217, it is subject to IFMRRC regulation.
Conclusion
For a relatively new broker, Raceoption delivers an outstanding trading experience packed with trader-friendly perks. From the intuitive platforms to unrivaled withdrawal times to rewards programs and global accessibility, this broker has quickly established itself as a top-tier destination for binary options trading. Raceoption sets itself apart on nearly all fronts while catering well to traders of all skill levels.
FAQs
Can I trade cryptocurrency CFDs on Raceoption?
Yes, Raceoption allows trading CFDs on major cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple without having to own the underlying coins. Cryptos can be traded long or short.
How many currency pairs can I trade on Raceoption?
Raceoption offers over 50+ currency pairs, including majors, minors, and exotics, across currencies like the USD, EUR, GBP, JPY, CAD, AUD, and more, trading against each other.
How long does it take to withdraw funds from Raceoption?
Raceoption is known for having some of the fastest withdrawal times in the industry. They credit withdrawals back to the deposit method in as little as 1 hour for all account types.
Contact Details
Email: [email protected]
Phone: +44 208 068 5335
Web: https://raceoption.com/
Address: Finance Group Corp, 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu
Disclaimer: The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.
Source: Story.KISSPR.com
Release ID: 959004