RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
RaceOption is broker that provides access to Binary Options, CFDs. Surprisingly, RaceOption does not support either of the enormously popular MetaTrader platforms (4 and 5).
In terms of features offered to traders, RaceOption has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.
RaceOption also gives traders access to 1 cryptocurrencies: BTC.
Please note that RaceOption is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.
RaceOption Summary
RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
Ratings
20%
Trust
100%
Instruments
14%
Features
Bonus
None
Instruments
Binary Options, CFDs
Demo Account
✓
Min. Deposit
$250
Min. Trade
$1
Regulated By
MetaTrader 4
✗
MetaTrader 5
✗
cTrader
✗
DMA Account
✗
ECN Account
✗
Mobile Apps
iOS & Android
Auto Trading
✗
Trade Signals
✗
Social Trading
✗
Copy Trading
✓
Islamic Account
✗
CFD Trading
Go long and short on popular financial markets via the RaceOption platform
Leverage
1:100
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
Forex Trading
Trade major and minor currency pairs with competitive leverage rates
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Assets
25+
Cryptocurrency Trading
Trade Bitcoin against the USD and CNY
Spread
Floating
Coins
BTC
Binary Options Trading
RaceOption offers binary options on popular financial markets with payouts up to 90%
Payout Percent
60-90%
Payment Methods
RaceOption accepts the following payment methods:
Wire Transfer
Credit Card
Debit Card
Bitcoin Payments
Neteller
Skrill
Perfect Money
Mastercard
Visa
Risk Warning – Your capital is at risk
FAQ
Is RaceOption Safe?
In our review we gave RaceOption a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that RaceOption is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does RaceOption Accept PayPal?
No, RaceOption does not accept PayPal payments.
Is RaceOption Halal?
Probably not, as RaceOption does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
Is RaceOption Regulated in the UK?
No, RaceOption is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for safer options
Is RaceOption Regulated?
No, unfortunately RaceOption is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.
RaceOption vs Other Brokers
If you want to compare RaceOption with other brokers, use the detailed comparisons below.
RaceOption vs
RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.