RaceOption

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CFD Broker

Although CFD are a relatively new way to trade within the stock market and other financial markets, it is a rapidly growing area of the investment markets. Seasoned traders are dabbling with this technique and it has opened the door for many novice traders to invest in the markets. However, it is essential to understand the processes and risks associated with this type of trading.

CFD became a legal trading vessel in 2008 when the United States recognized it as a valid, although different way to trade on the stock exchange. It is recognised as one of the easiest ways for anyone to start trading; particularly those with no experience.

When you trade in CFD you never own a commodity or asset. Instead you are speculating on whether the price of a specific asset; usually defined by the share price, will go up or down within a set period of time. In effect, you are gambling or making a prediction on the price movement of a particular asset; of you get it right you make money, if not, you lose money. Each speculation is usually very short term.

There is a good quantity of information provided to you before the trade, whether you use online software or an approved CFD broker. In essence you choose an asset and decide whether the price will go up or down; you cannot hedge your bets and hope it will stay the same! This makes the concept of your investment very simple; either the price moves in the direction you say it will; you will get a return on your investment, or, it moves the opposite way and you get nothing.

Once you have chosen your asset then your CFD broker will tell you the percentage return you will get if you are correct. You then need to choose the timeframe for your speculation and how much funds you are willing to commit. Once you have decided all these factors and you are happy with your decision, start the trade by selecting “execute” on your screen. The sit back and wait!

CFD trading is one of the few areas of investment where you will know exactly what your return will be; providing the stock price moves in the right direction. You are also open to trading in a huge variety of markets; whether currency, stocks or commodities; the principle is the same across all markets. In fact, CFD are one of the easiest ways to trade on the international markets without needing multiple brokerage accounts and complicating your investments.

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RaceOption Review

Overview

Last RaceOption review update: January 20 2020 We have reviewed RaceOption that happens to be one of the premier binary options and FX & CFD brokerage company now. Binary options… more

Details

Platform RaceOption
Website URL www.raceoption.com
Founded 2020
Headquarters Seychelles
Support Number +18499370831 ( USA ) – +442038088047 ( UK ) – 3-395-0396 ( Hong Kong ) – 081-855-7055 ( Singapore ) – +7-499-7033774 ( Russia )
Support Types Live Video chat , Email , Phone
Languages English , Russian , Spanish , French
Trading Platform Propietary
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount $1
Bonus Free $250 Bonus
Max. Payout 90%
Free Demo Account
Account Types Bronze , Silver , Gold
Deposit Methods VISA , MASTERCARD , BITCOIN , ETHEREUM , ALTCOINS , NETELLER , SKRILL , PERFECT MONEY
Withdrawal Methods VISA , MASTERCARD , BITCOIN , ETHEREUM , ALTCOINS , NETELLER , SKRILL , PERFECT MONEY , OK PAY
Number of Assets +160
Types of Assets Binary Options and CFD/FOREX ( currencies, crypto, commodities and stocks )
Option Types Turbo , Intraday , Long Term
Account Currency USD
US Traders
Mobile Trading
Tablet Trading
Overall Score 5.0
  • Free $250 Bonus
  • Quick 1-hour Withdrawals
  • Easy to use Platform
  • Weekend Trading
  • Bitcoin, Ethereum & Altcoins accepted
  • 24/7 Customer Service via Email, Phone and Live Video Chat
  • Mobile Trading
  • Over 160 assets to trade
  • Not Demo account

Full Review

Last RaceOption review update: January 20 2020

We have reviewed RaceOption that happens to be one of the premier binary options and FX & CFD brokerage company now.

Binary options trading methods and strategies have gained a great deal of popularity of late. Traders around the globe are investing in binary options to earn higher profits. As a result, an increasing number of binary options brokers are now offering a wide range of services and assets that enables traders to make money through binary options trading.

Race Option offers as many as hundred and fifty assets for trading including cryto currencies, stocks, commodities, indices and forex currencies. The broker offers attractive payouts and a wide range of funding as well as withdrawal options. Read on to find a comprehensive review about the broker.

RaceOption Trading Platform

Race Option offers a fast, efficient and reliable trading platform to both new and experienced traders. The broker basically offers two different trading platforms including web and mobile. While, the web platform is highly advanced and easy to use.

The web platform requires investors to simply pick an asset that they would prefer to trade and later choose the desired expiry time. The web version also provides traders with a chart that can be conveniently used for tracking the price movements of their selected asset. The mobile platform, on the other hand, is ideal for traders who prefer trading on the go. The mobile trading platform displays live charts and also offers instant trade execution to traders who do not have the time to access the broker’s website through their personal computers.

RaceOption provide the ”copy trading ” technology where you can copy from the most successful users.

Mobile

The mobile version is available for iPhone and Android users and offers a smooth and interactive interface. It also supports trading features such as one touch trading and 60 second trading.

Assets to trade

Race Option offers an impressive range of assets to its traders. The broker offers more than 160 assets in different categories including commodities, indices, cyrpto currencies, forex and stocks. As a result, investors can trade in different markets and earn handsome profits on a regular basis.

Crypto Currencies Assets

They offer the most popular crypto currencies to trade such as Bitcoin, Ethereum and Litecoin.

Payouts

Raceoption offers attractive payouts to the traders. Investors can expect as much as 90% return through the broker.

Promotions & Bonuses

Race Option offers optional bonuses up to 100% or free $250 Bonus to their traders. As a result, traders can expect a maximum bonus of €/$ 100000. The broker also offers additional bonuses to their clients. However, bonuses at race option are essentially optional. In fact, they’re granted after a client has given his/her confirmation. Clients who accept bonus erroneously must notify the broker within three working days and the broker shall remove the bonus from the trader’s account.

Type of Accounts & Minimum deposit

The broker mainly offers three different types of trading account options to its clients including Bronze, Silver and Gold. The minimum deposit for opening a bronze account is $250 and offers features such as copy trading tool and demo account. On the other hand, the minimum amount required for opening a silver account is $1000 and the account offers exciting features such as demo account, copy trading, master class and individual account manager. For opening a Gold account, investors need to pay a minimum deposit amount of $3000. The account offers numerous attractive features such as integrated technical analysis, master class, copy trading tool and more.

Deposit & Withdrawal

When it comes to funding their accounts, traders can choose from a wide variety of payment options including debit and credit cards, Neteller, Perfect Money, Ethereum, alts coins, Skrill etc. While, the broker does not charge any transfer fee, traders may have to pay third party fees. As far as withdrawals are concerned, Race Option offers quick, easy and hassle-free withdrawal process. In fact, withdrawals from all types of accounts does not exceed more than one hour. In order to withdraw money from their accounts, a trader must first place a request or give his/her confirmation.

Customer support

Race Option is renowned for providing impeccable customer support services to its clients in all parts of the globe. They offer 24×7 customer support services in different countries including USA, Germany, Canada, United Kingdom, Macao, France, Spain, Hong Kong, Israel, Singapore, Belgium, Turkey, United Arab Emirates, Japan and China. Traders can either connect with the broker through phone or send them an email query. Apart from this, raceoption also provides live chat option to its clients. In fact, live chat is the broker’s highly responsive and efficient features. Traders can use the feature to not only connect with race option’s customer support representatives but also see them in real time.

Regulation in United States

RaceOption is an offshore broker not regulated within United States with CFTC *

OptionRace Review: Summary

To sum up, Race Option is one of the finest binary options brokers operating in the market today. The brokerage, which came into existence in 2020, has done well to offer exciting trading options to traders from all walks of life. The broker offers a wide range of withdrawal and funding methods as well as secure and safe trading. Race Option is undoubtedly the best option for traders who seek quick withdrawals, good payouts, hassle-free and efficient trading options and features as well as a wide variety of assets for trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
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    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
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    Good Choice For Experienced Traders! 2nd place in the ranking!

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