RaceOption is a state of the art broker that distinguishes itself from its competitors with a modern online trading platform. The website also offers up to 90% payout and 100% deposit bonus. In other words, RaceOption is definitely a broker to consider, both for beginners and experienced traders.
With a fully online trading platform, everyday investors will finally be freed from endless downloads and updates. The RaceOption platform is also mobile friendly, which allows users to trade anywhere, anytime…
RaceOption – Reviews
Key facts:
- Min Deposit : 250 $
- Payment : Up to 90%
- Demo Account : Yes, but as a paid account feature
- Regulated : No
- Bonus : Deposit bonus up to 100%
Trading Account
The RaceOption trading platform is certainly one of the best features of the brand. Unlike many of its competitors, the RaceOption trading platform does not require any software downloads.
There is nothing easier than trading binary options on the online RaceOption trading interface:
- Create an account on the RaceOption website
- Go to the trading tab and open the trading interface
- Choose between CFD / FOREX trading and Binary Options
- Choose the type of instrument you want to trade (Currencies, Commodities, Cryptos and Stocks)
- Click one of the clues shown in the list
- You just need to select the option type (Turbo, Intraday, Long Term), expiration time and amount.
- Click on Call (for “up”) or Put (for “down”) and wait for the result!
Trading Platform
The general design of the RaceOption platform is modern and easy to use. It consists of a list of indicators on the left, a central interactive graph and a trading tab on the right.
Overview of the RaceOption trading platform:
In the upper left corner of the trading window, you will be able to choose between CFD / FOREX and binary options trading. Many traders will enjoy switching from one to the other in one click as most brokers do not accept both.
By browsing the asset selection window, you will be able to choose from a wide variety of securities including: commodities, stocks, cryptos, and most importantly, currencies in general. The indicator selected in the snapshot included in this article is the well-known EUR / USD exchange rate.
The central graph is interactive and displays real-time financial data. It can easily be converted from a chart to a candlestick and vice versa. Thanks to the inclusion of smart guides, traders can analyze data quickly, with minute accuracy. The center chart also displays the real time portion of traders trading with “call” or “put” options, there is no better way to get a “feel” of the market.
The trading tab on the right is clear and intuitive. It is very easy to set all binary options parameters before trading.
The efficiency of trading platforms is not limited to placing trades. As research is a key component of binary options trading, the website also provides users with economic and technical analysis, available in the platform’s trading toolbar. By analyzing general trends, traders manage to predict better future results and make more profits…
Assets And Trade Types
RaceOption offers a wide range of options and assets. It provides all types of typical binary options including Turbo, Intraday and Long Term. The main difference between the types of binary options is the expiration time.
Turbo options will expire in minutes, Daily Trade options will expire within a day, and long-term options may have longer expiration periods.
CFD / FOREX experts will also be able to trade these instruments, just with the click of a button. With CFDs, you just need to choose an amount and place an order…
Account Type
RaceOption offers three different account types:
- Bronze: with a minimum deposit of £250, you will receive a 20% deposit milestone bonus along with 24/7 live video chat, copy trading tools and a demo account.
- Silver: with a minimum deposit of £1000, you qualify for a 50% deposit matching bonus, an individual account manager and even an investment master class.
- Gold: with a minimum deposit of £3000, you will be able to receive a 100% deposit matching bonus along with an integrated technical analysis feature.
Going for a gold account may seem like an expensive investment. However, with a 100% bonus and all the tools needed to be a successful trader, it’s definitely worth it! For more conservative players, Bronze and Silver accounts will be excellent alternatives.
Note: the innovative printing trading tools provided with all three account types allow users to follow successful traders in their decisions.
Bonuses and Promotions
RaceOption’s welcome bonus is between 20% and 100% depending on the size of the initial deposit. This bonus is also linked to the type of account mentioned above.
As indicated on the RaceOption website, this bonus is subject to terms of use. For example, investors who benefit from this generous bonus must achieve a return of 300% of the deposit amount before being able to withdraw funds. Traders must ensure that the terms suit their trading style and discourage them from trading.
RaceOption also organizes weekly trading competitions with prizes that can reach $20000.
Deposits and Withdrawals
Deposit
RaceOption accepts deposits made via credit cards (Visa, MasterCard and Maestro), Bitcoin and Litecoin, Altcoins, Neteller and Skrill. Deposited funds are usually available immediately. The minimum deposit amount is £250. This may seem like a lot, but it gives access to a Bronze trader account, which comes with several advantages such as: 24 live video chats, a demo account and copy trading tools!
Take out
RaceOption provides several withdrawal options including:
Credit cards: Visa, MasterCard
Qiwi Wallet
Skrill
OkPay
Perfect Money
Neteller
Of all these methods, the use of Bitcoins is highly recommended by the RaceOption team. Bitcoin withdrawal is very fast and not subject to any commission.
The minimum withdrawal amount is 50 $. Withdrawals are usually processed in less than an hour. However, RaceOption needs to first verify your identification. This is done to ensure a reliable trading environment.
For accounts that do not receive any bonuses, users can withdraw funds once they have achieved 100% of the deposit amount. In other words, traders will be able to withdraw their profits only after trading their entire deposit.
Investors who have benefited from the RaceOption bonus policy will be able to withdraw funds after reaching a turnover of 300% of the deposit amount. RaceOption bonus terms can be read on its website.
With a fully modern online trading platform and a generous bonus policy, RaceOption is definitely a broker to consider!
Data about RaceOption
- Payment: Up to 90%
- Trade Trade: 1 $
- Min Deposit: £250
- Bonus: up to 100% deposit bonus
- Does Forex: Yes
- Have a Demo: Yes, but as a paid account feature
- Have a Mobile App: An excellent mobile website