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 vs Binarycent Comparison Table 2025
Raceoption Binarycent
rating empty
rating full
3.5
rating empty
rating full
3
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
  • RaceOption simplifies account funding with no-fee, near-instant deposits through bank cards and cryptocurrencies. Withdrawals are processed within one hour, guaranteed.
  • Returns on well-known assets such as EUR/USD can go up to 95%, outperforming many other options based on our analysis and boosting potential gains. Additionally, the initial three trades incur no risk in Silver and Gold accounts.
  • RaceOption is among the select few brokers providing 24/7 multilingual video chat. However, our interactions suggest that their agents require better understanding of trading and regulatory matters.
  • User-friendly proprietary platform for binary options trading.
  • Payouts reaching up to 95% surpass most competitors, enhancing profit potential.
  • Trade binary contracts starting at $0.10, providing trading opportunities for every budget.
  • Copy trading and binary options bots can support novice traders.
  • Accepts diverse funding options, such as cryptocurrencies and e-wallets.
Cons
  • RaceOption operates as an unregulated broker, offering high-risk trading with no investor compensation or legal remedies if trading or withdrawal problems arise.
  • The $250 minimum deposit, though still attainable for numerous retail investors, presents a higher entry barrier compared to platforms like Deriv and World Forex, which cater more to budget-conscious traders.
  • RaceOption, lacking both a demo account and educational resources, is not ideal for novice traders.
  • Not available to traders based in the US
  • The $250 minimum deposit exceeds that of most binary options brokers.
  • Unregulated by reputable authorities, increasing risks and diminishing customer safeguards.
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Binary Options, CFDs CFDs, Forex, Stocks, Cryptos, Options, Commodities
Bonus
20% - 200% Deposit Bonus 20% to 200% 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
rating empty
rating full
4
rating empty
rating full
3
Android App Rating
rating empty
rating full
3.8
rating empty
rating full
3
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 has a well thought-through copy trading service, available to live account holders. In our last assessment, we really liked the level of stats you get on traders before you hit copy, including profitability, total profit, total turnover, balance, win rate, and total trades. Being able to set your own copy trading rules also adds important flexibility we’ve not seen at some other firms in this list. BinaryCent offers a slick copy trading experience, with a ‘Top Traders’ leaderboard that you can filter by daily, weekly or monthly (we prefer monthly as it indicates more reliability in the long-term). Copying traders is also intuitive in our experience - you simply select the proportion to copy in percentage terms, plus the minimum and maximum trade amounts, then hit ‘Copy’. Results from copied trades are visible in the platform so you can track trades.
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
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
  • USD
Commodities
  • Silver
  • Gold
  • Coffee
  • Oil
  • Gold
  • Silver
  • Oil
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
  • BTC
  • ZEC
  • XRP
  • XMR
  • SAN
  • OMG
  • LTC
  • BTC
  • IOT
  • ETH
  • ETC
  • EOS
  • DSH
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
More Comparisons
Raceoption
vs

Binarycent
vs