RaceOption – detailed broker analysis and trader reviews
RaceOption – broker detailed analysis and trader reviews
When choosing a binary options broker, it is important to familiarize yourself with information about it. Reviews and customer feedback can provide an objective picture. Researching RaceOption will help you understand whether it is worth trusting your savings to it.
About the company
When choosing a platform, traders pay attention to various aspects. RaceOption attracts with its conditions and user-friendly website. The raceoption.com site is simple and clear, which helps beginners understand the trading process.
- Registration form
- Description of bonuses
- List of payment methods
- Platform advantages
- Trader statistics
RaceOption provides educational materials in several languages, indicating its orientation towards the European market.
Registration and accounts
The registration procedure on raceoption.com involves entering personal data. After completing the registration, traders are provided access to financial instruments, including binary options.
- Bronze account
- Silver account
- Gold account
Funds can be deposited conveniently for the client.
Broker platform
After funding the account, traders can use the broker’s options. The platform provides access to various tools and analytics.
- Information tabs
- Graphical tools
- Economic calendar
The platform can be explored in demo mode, which is accessible after funding the account.
Education
There is an education section on the site where traders can find useful information.
- Masterclasses
- Trading rules
- Educational videos
- Answers to questions
In case of problems, it is recommended to contact customer support.
Withdrawal of funds
RaceOption offers various commission-free withdrawal methods. Verification is required for withdrawals.
- MasterCard and Visa cards
- Cryptocurrencies
- Bank accounts
- Electronic payments
The minimum withdrawal amount is $50.
Trader reviews
In reviews of RaceOption, clients note the speed of fund withdrawals and a wide range of deposit methods. However, some point out drawbacks, such as a questionable license and certain platform conditions.
Conclusion
RaceOption offers access to trading in Forex and binary options. The broker provides investors with everything necessary for successful trading. Positive reviews and feedback indicate trust in this company.
I had quite a disappointing experience with RaceOption. The broker analysis that they provide is far from detailed and seems rather superficial and unhelpful. This is paired with the issue that information is difficult to find on their interface and presents a lot of questionably vague data. Furthermore, I had a hard time reaching their customer service and even after establishing contact, the problem resolution was far from satisfactory. The trader reviews are also not as transparent as I’d like them to be. Overall, my experience with RaceOption did not inspire any confidence and I would not recommend it to anyone serious about trading.