RaceOption

RaceOption is a binary options broker that was created in 2014. The company offers favorable trading conditions with more than 150 trading instruments, the ability to trade in 4 currencies and withdraw money in less than an hour.

The brokerage company has an operational withdrawal of funds within one hour, a wide range of forms for depositing and withdrawing funds, and a good level of data protection.

How Does RaceOption Exchange Work

RaceOption broker provides the following services:

  • Trading assets in the form of currencies, stocks, commodities, and indexes
  • Contract profitability of 85-95%
  • A minimum deposit of $ 250 
  • Demo account
  • Comprehensive training
  • Minimum binary option of $ 10
  • Ability to trade using mobile applications  Android and iOS
  • Bonuses from 20 to 50%, depending on the amount deposited on the deposit
  • Good customer support
  • Instant replenishment, withdrawal of funds takes less than an hour

Withdrawal of funds is carried out only after passing the verification procedure. Also, this procedure can be performed only on the details from which the money was deposited into the account.

The company provides its traders with one of 3 types of accounts:

  • Bronze

A good choice for beginners. The minimum deposit is $ 250. A wide range of training materials and the ability to test skills in a demo mode are provided. Withdrawals are made within an hour.

  • Silver

The most popular option. The minimum deposit is $ 1000. Compensation of some unsuccessful transactions and the opportunity to participate in masterclasses are added to the already mentioned features.

  • Gold

Recommended for professionals and large traders. The minimum deposit is $ 3,000. To the already mentioned features, a personal manager and a Swiss payment card are added.

How To Trade On RaceOption

To get started with RaceOption, you need to fill out a short registration form. Next, you will need to replenish the account, select the type of account and the amount of money that you will invest. After that, the trader must choose whether he wants to receive a bonus on his first deposit or not.

Is RaceOption Safe?

RaceOption is registered in Seychelles and is managed by Race Projects Ltd. The organization is governed by the local auditor of Vanuatu Financial Services Commissions. On the company’s website, all data is encrypted with SSL technology that protects its customers from hackers. In order to secure your funds and customer money, bonuses must be worked out according to the conditions of the company.

Unfortunately, the platform does not provide services to US citizens.

Review results

RaceOption is a relatively young company that offers its customers the opportunity to trade binary options on more than 150 different assets.

The broker’s site is simple and easy to use. It is adapted to the needs of beginners while retaining all the tools necessary for enthusiastic traders. RaceOption’s policy of quick withdrawals, good trading conditions makes the company a serious player in the market.