Raceoption vs Binarycent
Raceoption or Binarycent – which is better for UK traders 2025? Compare Raceoption and Binarycent in this detailed breakdown of their platforms, features and fees.
| Raceoption | Binarycent |
|---|---|
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| Raceoption is ranked #7 among binary options brokers. | Binarycent is ranked #9 among binary options brokers. |
| RaceOption, a binary options broker based in the Marshall Islands, serves over 1,500 clients. It provides swift funding, minimal fees, and a secure trading platform. Traders can explore over 100 binary options and CFDs, benefit from copy trading, and compete for weekly prizes. | BinaryCent, an unregulated binary options broker, offers round-the-clock trading on forex, cryptocurrencies, and stocks with payouts reaching 95%. Although unregulated, it prioritises client security by storing funds in European banks. The broker also provides CFDs with leverage as high as 1:500. |
| Pros | |
|
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| Cons | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Binary Options, CFDs | CFDs, Forex, Stocks, Cryptos, Options, Commodities |
| Bonus | |
| 100% Deposit Bonus | 100% Deposit Bonus |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $250 | $250 |
| Payment Methods | |
| Minimum Trade | |
| $0.01 | $0.01 |
| Regulator | |
| VFSC | |
| Mobile Apps | |
| iOS & Android | iOS, Android |
| Trading App | |
| Although testing faced some connection issues, the RaceOption mobile trading platform excels. Essential settings for adjusting binary parameters surround the chart, enabling easy trade confirmation via 'Up' and 'Down' buttons. Additionally, selecting 'My Trades' in the bottom left allows seamless monitoring of multiple trades. | BinaryCent, similar to many binary brokers, lacks a dedicated app, offering trading via mobile browsers instead. This setup provides a standard interface with clear visuals, one-tap trades, and copy trading available in the bottom menu. Yet, horizontal chart optimisation is poor, and promotional pop-ups proved distracting in tests, diminishing user satisfaction. |
| iOS App Rating | |
| Android App Rating | |
| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| RaceOption offers a sophisticated copy trading service for live account users. In our recent review, we appreciated the detailed statistics provided on traders before copying, such as profitability, total profit, turnover, balance, win rate, and trade volume. The option to customise your copy trading rules adds valuable flexibility, often lacking in other firms. | BinaryCent provides an efficient copy trading service, featuring a 'Top Traders' leaderboard filtered daily, weekly, or monthly. We recommend monthly for better long-term reliability. Copying is straightforward: choose the percentage to replicate, set minimum and maximum trade amounts, then click 'Copy'. Copy trade results are displayed on the platform, allowing easy tracking. |
| Social Trading | |
| Yes | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | Yes |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | Yes |
| Islamic Account | |
| No | No |
| Account Currencies | |
|
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| Commodities | |
|
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| CFD | |
| Engage in trading with a selection of CFD instruments in major markets such as indices and commodities. Traders can execute trades straight from charts, utilising leverage up to 1:500 and adjustable timeframes. | Engage in trading across popular markets like forex, stocks, energies, and metals. Benefit from leverage up to 1:500. View live spreads via our web platform and mobile app. |
| Leverage | |
| 1:500 | 1:500 |
| FTSE Spread | |
| Variable | Floating |
| GBPUSD Spread< | |
| Variable | Floating |
| Oil Spread | |
| Variable | Floating |
| Stocks Spread | |
| Variable | Floating |
| Forex | |
| RaceOption provides over 25 major and minor currency pairs on a straightforward, web-based platform. It features more than 30 indicators and includes integrated copy trading options, allowing for an effortless investment strategy. | Trade 24 forex pairs using binary options. A limited selection of currency pairs is typical for binary options brokers. However, BinaryCent offers high payouts of up to 95%, which offsets this limitation. |
| Assets | |
| 25+ | 25+ |
| GBPUSD Spread | |
| Variable | Floating |
| EURUSD Spread | |
| Variable | Floating |
| EURGBP Spread | |
| Variable | Floating |
| Cryptocurrency | |
| RaceOption has expanded its range of crypto binaries, now featuring 35 assets paired with USDT, including Bitcoin, Doge, and Ethereum. During testing, crypto payouts matched platform and industry norms, reaching 87% at peak times. Off-peak declines were less pronounced compared to CloseOption. | BinaryCent facilitates trading across a good range of cryptocurrencies, including prominent ones like Bitcoin. It allows both deposits and withdrawals in crypto, simplifying the process of funding, trading, and managing digital currency activities. |
| Spread | |
| Variable | N/A |
| Coins | |
|
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| RaceOption provides over 100 binary options with competitive returns up to 95% and rapid expiry times starting at 5 seconds. A minimum deposit of $200 grants clients free transactions, speedy withdrawals, and various trading bonuses. | BinaryCent offers binary options trading across various markets via an intuitive in-house platform. With a minimum investment of just $0.10 per trade and potential returns of up to 95%, it caters to casual and low-capital traders, providing substantial profit opportunities. |
| Payout | |
| 95% | 95% |
| Expiration Times | |
| 5 seconds - 30 days | 5 seconds - 30 days |
| Boundary Options | |
| No | Yes |
| Ladder Options | |
| Yes | No |
| Raceoption | Binarycent |
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