Raceoption Review 2025

RaceOption is a binary trading company with 3 account types [Bronze, Silver, Gold] requiring a minimum deposit of $250, $1,000, and $3,000 for each one, respectively.

The platform charges an overnight fee of 0.07% (on position value) on orders. The spreads are floating, starting from 1 pip.

RaceOption company information

RaceOption, established 10 years ago, is a binary options and CFD broker that has quickly gained attention in the trading community. Owned by Race Projects Ltd., headquartered in the Marshall Islands, this broker aims to provide a seamless trading experience to its growing client base. Here's what you need to know about RaceOption:

• Offers access to over 100 binary options and CFD instruments
• Provides copy trading functionality for less experienced traders
• Hosts weekly trading contests with substantial prize pools
• Boasts fast funding and withdrawal processes

Risk warning: Raceoption isn't regulated by any top-tier financial authority, and trading with this broker involves high risk. Traders are advised to do thier due diligence before opening a tradign account with this broker.

Summary of specifications

To give you a clearer picture of what RaceOption binary option broker offers, let's break down its key specifications:

Trading Accounts Variety

RaceOption caters to traders of various experience levels and budgets by offering three distinct account types:

• Bronze: For deposits between $250 and $1,000, with up to 20% bonus
• Silver: For $1,000-3,000 deposits, with up to 50% bonus, master class, first 3 risk-free trades
• Gold: From $3,000 deposits, up to 100% bonus, first 3 risk-free trades, personal success manager

Each account type offers progressively more features and benefits, with the gold account providing the most comprehensive package. Meanwhile, all of them offer demo trading with virtual money.

RaceOption Account Types Comparison Table

The information in the table below helps traders choose which RaceOption account type is perfect for them.

Raceoption Demo Account

Raceoption offers a free demo account for beginner and professional traders to test new trading strategies and refine their trading style on various instruments. This demo account is charged with $10,000 in virtual funds and is accessible to all traders.

Account Registration and Verification Guide

The trader must complete the RaceOption registration process to use this broker's services. RaceOption registration:

#1 Access the broker's website

Search on the web and find the official RaceOption website. Enter it to begin the account opening process.

#2 Fill in Your Information

Now, follow these steps to open your account:

• Use an unused email and set a strong password (uppercase, lowercase, numbers, and symbols);
• Enter your full name and a valid contact number;
• Choose your preferred currency and accept the terms.

#3 Activate Your Account

To verify your email address and activate your account, follow the instructions below.

• Go to Profile and then choose the "Personal";
• Click to verify your email. Check your inbox and confirm via the link.

Bonuses & Promotions

RaceOption offers a range of bonuses and promotions to attract and retain traders. However, it's essential to approach these offers with caution and fully understand the terms and conditions attached. Here's an overview of the main bonuses:

Raceoption Deposit Bonus

The Raceoption broker offers deposit bonuses from 20% to 100% based on your initial deposit amount.

Raceoption Referral Bonus

Traders who refer new clients to the Raceoption broker can earn up to 20% commission on the deposits made by their referred clients. The broker also provides a dashboard for you to track your status and claim promotional materials.

Raceoption Giveaways

Traders who use Raceoption services have the option to receive huge giveaways by doing specific tasks in this broker. Raceoption giveaways:

• Apple Watch Series 9: Deposit amount $500 to $999
• iPhone 15 Pro: Deposit amount $1000 - $2499
• iPad Pro: Deposit amount $2500 - $4999
• iMac: Deposit amount over $5000

The broker also holds tournaments with up to 20k in prizes that traders can earn by competing with other traders. To learn more about this feature, check the RaceOption trading contest guide on the TradingFinder website. 

Commissions & Fees

Understanding the fee structure is critical when choosing a broker. Here's a breakdown of RaceOption's main fees and commissions:

RaceOption Trading Platform

The Raceoption trading platform provides an integrated trading environment that supports binary options, Forex, and CFDs, all accessible from a single interface. The platform combines real and demo accounts, AI-assisted trading, and over 100 instruments across multiple asset classes.

With access to advanced charting types, technical indicators, and drawing tools, Raceoption is designed for both short-term options trading and leveraged Forex speculation.

Multi-Market Access with Account Switching

Users can seamlessly toggle between binary options and Forex/CFD accounts. Binary contracts include Turbo (5–30 min), Intraday (up to 24h), and Long Term (up to 1 month), while Forex/CFD instruments are tradable with leverage up to 1:2000.

Chart Types and Sessions

Traders can choose between Tick, Candlestick, and Trading View charts. These are enhanced with adjustable timeframes and global trading sessions such as London, New York, and Sydney for informed analysis.

Technical Indicators and Drawing Tools

Raceoption supports essential indicators like RSI, MACD, CCI, Bollinger Bands, and SMAs. TradingView charts offer full drawing capabilities, including Fibonacci retracements, Elliott waves, and trend lines.

Trade Panel and AI Execution

Through the intuitive trade panel, users can define trade size, select expiry, and review payouts. Additionally, Raceoption AI provides automated trade suggestions based on real-time market conditions with integrated risk management.

Personal Cabinet

The Raceoption dashboard is a centralized interface where traders manage every aspect of their account, from executing trades and analyzing performance to adjusting settings and accessing premium tools like TurboSavings and Copy Trading.

With a clean layout and intuitive navigation, the dashboard empowers users to move seamlessly between real and demo accounts, optimize their strategies, and interact with the Raceoption ecosystem in real time.

Financial Operations

Top up your account or request withdrawals directly from the upper navigation bar. All transactions are tracked in the Transaction History tab for full financial transparency.

Avatar Panel

The Avatar section aggregates key tools such as balance funding, promo code entry, support ticketing, personal settings, and logout options, streamlining access to core functionalities.

Platform Customization & Security

Navigate to the Settings tab to modify display preferences, change passwords, activate 2FA, and update personal or trading account details. Here, you’ll also find the Expert Mode, designed to enhance profitability for experienced users.

Passive Income Features

Boost your returns via Turbo Savings, offering up to 128% APY, or replicate successful strategies automatically using Copy Trading, perfect for hands-off investors.

Analytics, Contests & Community Tools

Access Market Analysis for technical and fundamental insights, participate in trading contests, or browse the Marketplace to unlock rewards. The Invite a Friend tab also allows you to earn commissions via referrals.

Support & Performance Review

Need help? The Live Chat and Help Center tabs ensure immediate support. Meanwhile, the Trading Stats section summarizes your activity, showing total trades, win rate, and profits.

Raceoption Mobile Application

While Raceoption doesn't offer a mobile trading app currently, traders can use its browser-based platform to trade binary options on this broker. The mobile platform provides the same features as the desktop version.

Indicators and Oscillators

RaceOption's proprietary platform provides a limited selection of indicators on its proprietary chart. However, there are more tools available on the embedded TradingView chart in the personal cabinet. These include:

• Moving average Indicator (simple and exponential)
• Bollinger bands
• Relative Strength Index Indicator (RSI)
• Moving average convergence divergence (MACD)
• Stochastic Oscillator
• Commodity channel index (CCI)
• Parabolic SAR
• True Strength Index
• Volume oscillator

RaceOption Instruments

RaceOption grants access to a broad spectrum of financial markets through a single trading platform. Traders can engage with binary options, explore CFD-based trading, or operate in Forex, crypto, stocks, indices, and commodities.

Binary options remain a core feature, offering ultra-short expiry contracts starting from 5 seconds, catering to fast-paced strategies. The forex section includes a robust selection of over 25 major and minor currency pairs. In equities, users can trade shares of globally recognized companies, while the indices offering covers high-volume benchmarks like the S&P 500, FTSE 100, and DAX 30.

The commodities suite spans both hard and soft assets, from gold and silver to crude oil and coffee, enabling broad exposure to real-world markets. Additionally, the platform supports cryptocurrency trading, featuring multiple digital assets.

Whether through traditional instruments or Contracts for Difference (CFDs), RaceOption’s multi-asset framework accommodates traders seeking diversification and market versatility.

RaceOption Payment Methods

The platform offers a variety of payment methods via different companies and organizations. RaceOption Payment Options:

• Credit/debit cards (Visa, MasterCard)
• E-wallets (Skrill, Neteller)
• Cryptocurrencies (Bitcoin, Ethereum, Litecoin)
• Bank wire transfer

Key points about payments:

• Minimum deposit: $250
• Withdrawal processing time: within 1 hour for most methods
• Bank wire transfers may incur additional fees and longer processing times

Does RaceOption Offer Copy Trading?

The broker does offer copy trading functionality, which can be particularly appealing for novice traders or those looking to diversify their strategies. Here's what you need to know about RaceOption's copy-trading feature:

• Available across all account types, including the bronze account
• Accessible through the personal cabinet on the trading platform

To learn more about this feature, check our Raceoption copy trading guide.

RaceOption Pros and Cons

Like any other binary options broker, RaceOption has various benefits and drawbacks. RaceOption pros and cons:

Trust Scores on Rating Platforms

This part of the RaceOption review is about ratings. When evaluating a broker, it's essential to consider their reputation in the trading community. The broker's trust scores and ratings present a mixed picture, and some of them do not sound as promising as competitors' ratings:

• Trustpilot users score: 3.7 out of 5, "average," based on over 60 reviews

An interesting fact about the Raceoption Trustpilot ratings is that around 70% of the scores are 1/5.

Customer Services & Support

Customer support can make or break a trading experience, especially when dealing with financial transactions. "RaceOption" offers the following support channels:

• 24/7 live chat
• Email: [support@RaceOption.com]
• Phone: [+18299476393], [+442080685335], [3-395-0396], [081-855-7055], [+7-499-7033774]
• FAQ section

Also, you can contact the platform's team through its social media accounts on Twitter and Instagram.

Comparison of RaceOption with Other Brokers

The table below helps you identify the pros and cons of trading with the RaceOption broker compared to other binary option platforms.

Writer's Opinion and Conclusion

RaceOption is a financial company owned by Race Projects Ltd. that is headquartered in the Marshall Islands. The platform offers features including up to 1:500 leverage, weekend trading, and up to a 100% deposit bonus.

More than 60 users on the "Trustpilot" have given an average trust score of 3.7/5 to the binary broker.