Raceoption Review: Features and Assets

Forex Brokers Review
4 min readNov 20, 2023

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Raceoption is an innovative binary options trading platform that provides traders access to various assets and features. With continuous improvements and upgrades, Raceoption broker has earned a reputation as one of the most popular brokers in the industry. This review will take an in-depth look at the platform’s key features, assets, mobile apps, and more.

Trading Platform and Features

The Raceoption trading platform is designed to be intuitive and easy for beginners yet packed with powerful tools for advanced traders. The layout provides real-time charts, current asset prices, payout percentages, expiry times, and more, all on one screen for seamless trading.

  • Assets: The asset dropdown menu allows you to select over 100 available trading instruments. This includes major forex pairs, stocks, commodities, and indices. Popular assets include Gold, Crude Oil, EUR/USD, and Tesla.
  • Chart: The interactive chart shows real-time pricing data for the chosen asset over customizable time frames. Advanced charting features allow traders to add indicators, draw trendlines, and use various analytical tools. The visual charts help traders identify trends, support/resistance, and optimize entry/exit points.
  • Trader’s Choice: This unique RaceOption feature shows the percentage of traders buying or selling the asset. It visualizes market sentiment and helps traders gauge whether an asset is overbought or oversold. This data can confirm trend direction and complement technical analysis.
  • Time and Amount: Traders can choose expiry times ranging from 60 seconds to 1 month, depending on their strategy and market outlook. The amount field is where you enter your investment amount per trade. Most brokers have minimum and maximum trade sizes.
  • Choose Direction: This is where you decide whether to buy or sell the option. If you think the asset price will be higher than the current price at expiry, you click “BUY.” If you predict the price will be lower, you click “SELL.” This binary option’s simplicity makes it easy for beginners.
  • Payout: The payout percentage indicates your potential profit as a percentage of the investment amount. Raceoption offers payouts up to 90%. Higher payouts allow traders to maximize profits from successful trades. This incentivizes traders to use the platform.
raceoption

Mobile Platform

The Raceoption mobile app provides traders with the ability to access their accounts and trade on the go. The app includes full functionality in the desktop platform, such as real-time quotes, charting, technical analysis tools, and order execution. Traders can trade regular options, 60-second options, CFDs, and more directly from their smartphone or tablet.

Raceoption app features include swift trade execution, live streaming charts for all assets, account administration like deposits and withdrawals, and transaction history viewing. The mobile app uses the same login credentials as the web platform for seamless device access.

Assets

One of the most important components of any trading platform is the assets available for investment. Raceoption aims to provide traders with an extensive list covering major markets.

  • Stocks: For stocks, Raceoption includes notable global companies like Apple, Microsoft, Amazon, Facebook, Google, Tesla, Samsung, Sony, and more. This exposes traders to tech stocks, consumer brands, industrial firms, and other major sectors.
  • Currency Pairs: The currency pairs cover all the majors (EUR/USD, GBP/USD, USD/JPY), minor pairs, and some exotics. This provides opportunities in the volatile foreign exchange market for short-term speculators and long-term investors.
  • Commodities: Commodities on Raceoption include the most widely traded crude oil, natural gas, gold, silver, platinum, and copper. The ability to trade commodities enables portfolio diversification and hedging against inflation/geopolitical risks.
  • Indices: Major stock indices from around the world are also included. Examples are S&P 500, Nasdaq 100, FTSE 100, Nikkei 225, Shanghai Composite, and more. Indices provide a simple way to trade entire stock markets.

Conclusion

Raceoption broker stands out with its intuitive interface, extensive asset index, advanced charting tools, and flexible expiry times, enabling traders to implement diverse strategies. The mobile app provides account access for immediate trade execution when opportunities arise. For traders looking for a broker with transparency, strong regulation, and security of funds, Raceoption checks all the boxes.

FAQs

What platforms can I trade on with Raceoption?

You can trade via desktop, web browser, iPhone app, and Android app. This provides full flexibility.

What account options does Raceoption offer?

They offer standard and premium accounts in Bronze, Silver, and Gold categories. There is also a VIP account with added benefits like faster withdrawals. All accounts come with a demo account for virtual trading.

What asset classes does Raceoption offer for trading?

Traders can trade forex currency pairs, stocks, commodities, and stock market indices on Raceoption.

Is Raceoption scam?

Raceoption is regulated by FFMRRC (License number: TSRF RU 0395 AA V0217). They keep client funds segregated, use proper encryption standards, and have transparent reporting on their website.

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