RaceOption Overview
| Website | raceoption.com |
| Year Founded | 2017 |
| Countries of Registration | Marshall Islands |
| Website Languages | English, Spanish |
| Regulators | - |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $250 |
| Account Currencies | USD, EUR, GBP, RUB |
| Spread | N/A |
| Trading Platforms | RaceOption |
| Trading Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
Brief look at RaceOption
RaceOption is an offshore broker established in 2017 that specialises in high-frequency binary options. Traders can start with a $250 Bronze account, place orders from just $1, and earn payouts of up to 95%. The proprietary web and mobile platform supports 100+ assets and offers copy-trading, weekend markets and 24/7 multilingual video chat. Withdrawals are typically processed within one hour.
Pros
- Payouts up to 95% and expiries from 5 seconds
- Fast, fee-free deposits and 1-hour withdrawals
- Copy-trading, contests and weekly prize draws
- 24/7 trading, including weekends, with live video support
Cons
- No top-tier regulation or investor-protection scheme
- High minimum deposit compared with some competitors
- Demo account gated behind initial deposit
- No support for MT4/MT5 or automated EAs
Is RaceOption available in my country?
We just checked and
RaceOption doesn't accept clients from United States!
Your capital is at risk
RaceOption Reviews
I've been using RaceOption for a few months now, and I’m very impressed. The minimum deposit required is reasonable, and the demo account allowed me to practice before I committed real funds. The app is user-friendly, making it easy to log in and trade on the go. Highly recommend!
9/15/2023RaceOption offers a variety of account types that suit different trading strategies. I started with a standard account, and the leverage options are quite good. The withdrawal time has been decent
8/22/2023The broker has some good features, but I had a bit of trouble with the login process initially. The bonuses are attractive, but I wish the rebate program was clearer. Overall, it's a decent platform for trading forex.
10/5/2023RaceOption's trading app is great for quick trades. The demo account was helpful to learn the ropes. I also appreciate their support when I had questions about account types and spreads.
7/30/2023I just signed up with RaceOption, and so far, I’m loving the experience. The minimum deposit is very affordable, and the platform’s features are robust. The withdrawal time has been faster than expected, and I’m excited to explore more with their various trading options.
9/10/2023Leave a Review
Is RaceOption regulated?
| Companies | Makerun Corp. |
| Countries | Marshall Islands |
| Regulators | - |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
RaceOption Account Types
RaceOption does not have accounts for CFD trading.
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | Bronze |
|---|---|
| Minimum Deposit | $250 |
| Option Types | High/Low, Turbo, Ladder |
| Minimum Stake | $1 |
| Payout | from 60% to 95% |
| Expiration Time | from 5 seconds to 30 days |
RaceOption Funding and Fees
| Base currencies | USD, EUR, GBP, RUB |
| Deposit and withdrawal methods | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
| Inactivity fee | $10 per month after 1 month of inactivity |
| Interest on margin | |
| Withdrawal Fee |
RaceOption Trading Platforms and Conditions
| Trading Platforms | RaceOption |
| Execution Speed | 100 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | N/A |
RaceOption Trading Assets
| Currencies | 25 |
| Indices | 10 |
| Stocks | 50 |
| Cryptocurrencies | 13 |
| Bonds | 0 |
| Metals | 2 |
| Energies | 4 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Broker Bonuses
| Bonus Type | Size | Details |
|---|---|---|
| Welcome Bonus | 100%, up to $2000 | Learn More |
Broker Contests
Live Contests
| Contest Name | Start Balance | Prize Pool | Period | Details |
|---|---|---|---|---|
| Weekly Trader Contest | $10000 | $10000 | Weekly | Learn More |
RaceOption Support
| support@raceoption.com | |
| Phone | +18299476393 |
RaceOption Alternatives
| Broker | RaceOption | Quotex | IQ Option | Olymp Trade | Pocket Option | BinaryCent |
|---|---|---|---|---|---|---|
| Type | MM | MM | MM | MM | MM | MM |
| Minimum Deposit | $250 | $10 | $10 | $10 | $5 | $250 |
| Regulators | - | IFC | CySEC, SVGFSA | VFSC | MISA | - |
| Platforms | RaceOption | Quadcode | Quadcode | Olymp Trade | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) | BinaryCent |
| Spread | N/A | N/A | average | high | high | N/A |
| Leverage | 1:1 | 1:1 | 1:500 | 1:500 | 1:200 | 1:1 |
| Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
