Rajesh  Sharma

Reviewer:

Rajesh Sharma
Sinan  Aydın

Fact checker:

Sinan Aydın
Modified:

Raceoption Review 2025

Raceoption Review 2025
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Your Capital is at risk.
Company:

Raceoption

Founded:2014
Regulation:
OTC:
Forex Trading:
Assets:100
Sell Trade Double Up Rollover Tradeback

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Your Capital is at risk.

About
Raceoption is a binary options broker with a minimum order size of $0.01. The company charges a $10 monthly fee for inactive accounts. Also, a maximum profit split of 98% is available.
Contact
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Rank and Score
Pros and Cons
Account Types
Markets
Pros
Minimum trade amount $0.01
1 hour withdrawals
Up to 100% deposit bonus
Up to 98% return
Cons
$10 monthly inactivity fee
High minimum deposit of $250
Not regulated
score of blog
4 From 5.0
(54)
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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
A comprehensive review of RaceOption binary options broker

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

Summary of specifications

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

Broker

RaceOption

Account Types

Bronze, Silver, Gold

Establishment Year

2014

Trading Platforms

Proprietary Platform

Maximum Return

98%

Minimum Deposit

$250

Base Currencies

USD, EUR, RUB, GBP

Deposit Methods

E-Payments, Bank Transfer, Cryptocurrencies, Credit/Debit Cards

Withdrawal Methods

E-Payments, Bank Transfer, Cryptocurrencies, Credit/Debit Cards

Minimum Trade Amount

$0.01

Maximum Trade Amount

$100,000

Tradable Assets

100+

Investment Options

Turbosavings, Copy Trading

Bonus

Welcome Bonus, Reload, Risk-Free Trades, Contests, Giveaway

Spreads

From 1 Pip

Commission & Fees

Withdrawal Fee On Payments Via Visa, Inactivity Fee, Swap Fee

Maximum Leverage

1:500

Affiliate Program

Yes

Trading Features

Rollover, Double Up, Tradeback, Sell Trade

Inactivity Fee

$10 Per Month

Customer Support Ways

Email, Phone, Live Video Chat

Customer Support Hours

24/7

Trading Accounts Variety

Raceoption Account Types
RaceOption offers Bronze, Silver and Gold accounts to traders.

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.

Account Type

Bronze

Silver

Gold

Minimum Deposit

$250

$1000

$3000

Trading Platform

RaceOption Platform

Markets and Instruments

Forex, Stocks, Cryptocurrencies, Commodities, Indices

Minimum Trade Amount

$0.01

Commission

Withdrawal Fee On Payments Via Visa, Inactivity Fee, Swap Fee

Maximum leverage

1:500

Special Features

20% Bonus

50% Bonus, Master Class, First 3 Risk-free Trades

100% Bonus, Personal Success Manager, First 3 Risk-free Trades, Master Class

Account Registration and Verification Guide

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.

Clicking on the Registration button on the raceOption broker
Click on “Registration” and start opening an account on RaceOption

#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.
RaceOption registration form
Fill in the RaceOption registration form with your account and personal details

#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.
Confirming the email address during RaceOption signn-u[
Verify your email by clicking on the “Confirm” button to finalize the RaceOption registration process

Bonuses & Promotions

Raceoption Bonus
RaceOption has 20, 50, and 100% deposit bonuses.

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:

  • Welcome bonus: Up to 100% on initial deposits, depending on the account type;
  • Reload bonus: Available on subsequent deposits, percentage varies;
  • Risk-free trades: On silver and gold accounts, the first 3 trades are risk-free;
  • Weekly trading contests: Prizes up to $20,000 for top-performing traders;
  • Refferal bonus: 20% referral commission on a new client’s first deposit
  • Giveaway: Apple Watch Series 9, iPhone 15 Pro, iPad Pro, and iMac as giveaway prizes for traders.

To learn more about the RaceOption trading contest, visit the related page on the website. 

Commissions & Fees

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

Commission on trades

$0

Spreads

Variable, starting from 1 pip

Overnight fees

0.07% on position value

Inactivity fee

$10 per month after 30 days of inactivity

Withdrawal fee

None (except VISA, 5%)

Personal Cabinet

Raceoption personal cabinet
RaceOption personal cabinet & trading platform overview

The personal cabinet on RaceOption binary options broker serves as the trader's central hub for managing their account. Key features and trading tools include:

  • Account overview and balance information
  • Deposit and withdrawal functionality
  • Turbosavings and copy trading available
  • Trading history and performance analytics
  • Settings for account preferences and security
  • Ready-to-use technical analysis
  • Help Center
  • Market chart with access to TradingView charts
  • Indicators and oscillators on candlestick and TradingView charts

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

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

RaceOption Pros and Cons

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

Advantages

Disadvantages

Minimum trade amount $0.01

Not regulated

Up to 98% return

High minimum deposit of $250

1 hour withdrawals

$10 monthly inactivity fee

Up to 100% deposit bonus

-

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:

Raceoption users score on trustpilot
RaceOption has achieved an average score on Trustpilot
  • Trustpilot users score: 3.7 out of 5, "average," based on over 60 reviews

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

Customer Services & Support

Raceoption Support
RaceOption support is available in 5 languages.

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.

Parameters

RaceOption

IQ Option

Quotex

OlympTrade

Pocket Option

Establishment Year

2014

2013

2019

2014

2017

Maximum Return

98%

Up to 90%

98%

Up to 93%

+90%

Minimum Deposit

%250

$10

$10

$10

$5

Minimum Trade amount

$0.01

$1

$1

$1

$1

Number of Trading Assets

100+

Over 250

Over 400

Over 100

Over 100

Bonus

Welcome Bonus, Reload, Risk-Free Trades, Contests, Giveaway

No

Welcome Bonus, deposit bonus, risk-free trade, loyalty program, seasonal promotion

Deposit Bonus

Welcome Bonus, First Deposit Bonus, No Deposit Bonus, YouTube Video Contest

Maximum Leverage

1:500

1:100

1:1

1:500

1:1000

Inactivity Fee

$10 Per Month

€10 Per Month

No

$10 Per Month

No

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.

FAQs

Is RaceOption a regulated broker?

No, the broker is not regulated by any major financial authority.

Does RaceOption offer a demo account?

Yes, the platform provides a demo account for practice trading.

Can I use RaceOption in the United States?

No, the company does not accept traders from the US.

What trading instruments are available on RaceOption?

Raceoption offers binary options and CFDs on forex, stocks, commodities, indices, and cryptocurrencies.

What payment methods are available for deposits and withdrawals on RaceOption?

You can use e-payment systems, bank transfers, cryptocurrencies, and credit/debit cards for payments on the platform.

What is the minimum deposit on RaceOption?

The minimum deposit is $250 for a Bronze account.

Does RaceOption offer copy trading?

Yes, RaceOption provides a copy trading feature that is available across all account types, including the Bronze level. This allows beginners and passive investors to replicate the trades of experienced traders directly through the platform's personal cabinet.

How long does it take to process withdrawals on RaceOption?

RaceOption processes most withdrawals within 1 hour, particularly for cryptocurrencies and e-wallets. However, bank wire transfers may involve additional processing time and extra fees depending on the intermediary banks involved.

What bonuses and promotions does RaceOption offer?

RaceOption provides several incentives, including:

  • Welcome Bonus: Up to 100% depending on account type
  • Reload Bonuses on subsequent deposits
  • Risk-Free Trades: First three trades for Silver and Gold accounts
  • Weekly Trading Contests: Up to $20,000 in prizes
  • Referral Bonus: 20% commission on new deposits
  • Giveaways: Devices such as Apple Watch Series 9 and iPhone 15 Pro

What is the maximum return I can earn on a trade in the RaceOption broker?

The maximum potential return on a successful trade with RaceOption can be as high as 98%, depending on the asset, market conditions, and trade type.

What are the differences between Bronze, Silver, and Gold accounts in the RaceOption broker?

The main difference between RaceOption accounts lies in the minimum deposit requirement. 

  • Bronze: $250 minimum, 20% bonus
  • Silver: $1,000 minimum, 50% bonus, 3 risk-free trades, master class
  • Gold: $3,000 minimum, 100% bonus, 3 risk-free trades, personal success manager, master class

What trading fees and commissions does RaceOption charge?

RaceOption does not charge commissions per trade, but applicable fees include:

  • Spreads from 1 pip
  • Swap fee: 0.07% for overnight positions
  • Inactivity fee: $10 per month after 30 days
  • Withdrawal fee: 5% for Visa transactions; other methods are generally free

Does RaceOption support weekend trading?

Yes, RaceOption allows weekend trading, enabling users to participate in market activity outside of standard trading days. This is ideal for global and crypto traders.

What is the maximum leverage offered on the RaceOption broker?

RaceOption offers leverage up to 1:500, which means traders can control large positions with a relatively small deposit. This can amplify gains but also increases the risk of losses.

What are RaceOption’s trading platform features?

RaceOption's platform includes features such as:

  • Copy trading integration
  • TradingView charts
  • Technical indicators
  • Risk management tools like rollover and tradeback
  • A personal cabinet to manage trades, funds, and analytics

Can I trade cryptocurrencies on RaceOption?

Yes, RaceOption supports trading a variety of cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. These assets can be traded alongside other markets like stocks and Forex.

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