Raceoption Reviews
Raceoption Customer Reviews (5)
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About Raceoption.com Prices and Cost?
RaceOption is a binary options trading platform that provides access to more than 100 combined stocks, commodities, currencies, and index funds. Here are the key details about its pricing and costs:
- Deposit fees: No deposit fees are charged.
- Withdrawal fees: No withdrawal fees, except for a $50 fee on bank transfers.
- Account maintenance fees: No account maintenance fees are charged.
- Inactivity fees: No inactivity fees are charged.
- Fees on digital options trades: No fees are charged on digital options trades.
- Overnight fees: From 0.07%.
- Currency conversion fee: Yes, there is a currency conversion fee.
- Market data fee: No market data fee is charged.
- Trading platform fees: No trading platform fees are charged.
For trading non-leveraged cryptocurrency CFDs, a fee of 1-2.5% of the transaction value is charged. If you trade leveraged cryptocurrency CFDs, a 5% commission is charged. Commissions on deposits and withdrawals are 5% via VISA or MasterCard. No additional commissions are charged on trades. The spread fee ranges from 1% to 2.5%, and the swap fee starts from 0.07%.
When trading binary options on a multitude of currency pairs, such as EUR/USD, GBP/USD, and several others, no fees are charged. The minimum trade amount for these currency pairs is $1. Similarly, no fees are involved in trading binary options on popular commodities, including gold, copper, and oil, with a minimum trade amount of $1. For digital currencies like Bitcoin, Ethereum, and Doge, no fees are charged for trading binary options. However, the platform does charge a fee for trading non-leveraged cryptocurrency CFDs. The fee is 1-2.5% of the transaction value. If you trade leveraged cryptocurrency CFDs, a 5% commission is charged.
About Raceoption.com Payment Method?
"Raceoption.com" offers a variety of payment methods. These include credit cards (including VISA & MasterCard), debit cards, bank wires, cryptocurrencies (like BTC, Ether, and many other altcoins), and E-Wallets. The minimum deposit size at Raceoption starts from $10. The platform promises to process withdrawals within 1 hour. For withdrawals with Visa or Mastercard, a 5% transfer fee is charged. The minimum withdrawal is $20 and there is no maximum withdrawal limit. The withdrawal duration can be a few minutes up to hours (maximum 1 – 3 working days), depending on the payment method. Sometimes, verification of the payment method is required for withdrawal. However, withdrawal without verification is possible, but only for cryptocurrencies. Please note that third-party fees may apply and during weekends and public holidays, funding time may be delayed. The processing time and fees for withdrawals may vary depending on the trading platform and withdrawal method chosen. It's important to check the terms and conditions of the trading platform regarding withdrawal policies, minimum withdrawal amount, and account verification requirements.
Raceoption FAQs
About Raceoption.com Popular Products and Services?
Raceoption is an online broker specializing in both binary options and CFD trading. It offers a range of trading instruments, including forex, cryptocurrencies, stocks, commodities, and indices. The platform allows trading between more than 25 individual currency pairs, including USD, EUR, GBP, and JPY. It also offers cryptocurrency trading and supports trading on more than 50 stocks. A stock market index is a tradeable asset that represents the overall movement of the underlying market it tracks.
Popular assets include Gold, Crude Oil, EUR/USD, and Tesla. The platform also offers a copy trading feature where users can replicate the positions and strategies of multiple traders while leveraging the Raceoption leaderboard. This feature is beginner-friendly and can be started in three fast steps. Users can follow multiple traders simultaneously.
Raceoption also offers a mobile trading solution with instant execution, full trading history, and responsive live charts. Despite a couple of connection issues during testing, all the settings needed to amend binary parameters are available around the chart and it’s as simple as clicking the ‘Up’ and ‘Down’ buttons to confirm a trade. Monitoring multiple trades is also a hassle-free exercise.
The platform also offers free and instant deposits via bank cards and cryptos, plus guaranteed withdrawals processing within 1 hour. It also offers a range of trading bonuses. For example, Raceoption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals, and a range of trading bonuses.
Raceoption also offers contests and weekly prizes. Traders can take part in the competition every week and win up to $20K. They also offer monthly giveaways where traders can win prizes like iMac 27', iPhone 14 Pro, Apple Watch, iPad Pro.
In conclusion, Raceoption offers a wide range of products and services for both new and experienced traders. It provides a secure trading environment with fast funding, low fees, and a range of trading bonuses. It also offers a copy trading feature, contests, and 24/7 customer support. It is a comprehensive platform for trading in various financial markets.
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