- Minimum deposit $250
- Payout 90%
- Demo account
- 100% Deposit Match Bonus
- Welcome traders from Ukraine
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Table of Contents▾
- trading platform
- Demo account
- Cryptocurrency Pairs
- deposit and withdrawal
- Important Turnover Requirements
Raceoption is a new broker registered and headquartered in Seychelles. They are operated by Race Projects Ltd. Registration Number 114612. They have a registered office at 306 Premier Albert Street Victoria Mahe Seychelles Building, operating on behalf of FGC, which Being a financial services company in such jurisdiction, this broker is not regulated by CySEC or FCA.
Important facts:
Minimum deposit $250
payout: the
Demo 85% : Yes
control:
Seychelles Bonus: 100% Deposit Bonus on First Deposit
trading platform
The platform feels familiar, with nothing to make it stand out from the competition, as it supports binary options trading as well as forex and CFDs in a way that makes it suitable for newbies as well as more experienced traders.
Binary options come in 3 types; short-term and long-term turbo, turbo options are where you will find the shortest timeframes of 30, 60 and 120 seconds, short-term or intraday is the end of the trade and long-term. It’s expiration date tomorrow, next week, next week, end of month and so on.
Demo account
Demo accounts are only available after deposit is made, this is a shame because traders cannot “try before they buy” hoping that the brand will make demo accounts without a deposit in the future.
Cryptocurrency Pairs
The asset list is extensive. But just like others with a few similar listings that you can actually see tradable, they offer assets in 4 categories which is nice, including forex, commodities, stocks and indices. There is also a match cryptocurrency Simple though, the CFD portion of the platform is what you need for a wider range of crypto trading.
The platform is very easy to use and is not cluttered with many additional applications and other add-ons dazzle the trader, on the left is the list of assets, in the middle is the trading chart / screen and on the right is the trading area. Place an order, just select call or enter, enter trade amount, select expiration and hit enter. Easy peasy.
There are a few additional tools available to traders, including rollover and sell now features, allowing traders to add to their existing trading time. The charts are not what I would call advanced and they do not come with trader tools and indicators. Seriously, it does, of course, not matter as most binary traders use other charting software such as MT4.
deposit and withdrawal
Depositing is super easy and can be done by credit card, money transfer, eWallet or even cryptocurrency, the site supports payments in BTC, ETH, LTC and other common trading tokens. Deposits are available almost instantly except in the case of wires which can take up to a week to process.
The minimum withdrawal is only $50 and there are no fees, requests are processed within an hour and paid out as quickly as each method allows Ewallets (Skrill, Neteller etc) and cryptocurrencies. It’s the fastest and may be returned to your account the same day.
Important Turnover Requirements
The drawback here is that there is a turnover requirement for accounts with and without bonuses, non-bonus accounts must exchange an amount equal to 100% of the deposit before withdrawal can be made, those with bonuses must reach 300% turnover. of deposit amount to withdraw money and profit
