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/10

Race Option

United States|5-10 years|
Suspicious Regulatory License|High potential risk|

https://www.raceoption.com/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

Nicaragua 4.05

Surpassed 26.51% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+18299476393
https://www.raceoption.com/
Nr. 104038. Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
https://twitter.com/raceoptioncom

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

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Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Race Option
FOREXEASYONLINETRADING
Global Prime

Danger

FR AMF
2018-06-22

Contact number

English

+18299476393

Spanish

+18499370831

Broker Information

More

Company Name

Race Projects Ltd.

Company Abbreviation

Race Option

Platform registered country and region

United States

Company website
Twitter
Instagram

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2023-12-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Race Option · Company Summary

General Information

RaceOption is a trading name operated by Race Projects Ltd., registration number 114612, having its registered office at 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles, which operates on behalf of FGC. RaceOption offers an extensive range of trading products including currencies, indices, stocks, as well as binary options.

Market Instruments

As for tradable financial instruments available, RaceOption offers CFD products on four major trading assets: Currencies, Commodities (Gold, Silver, Oil, Platinum, and more), Indices and Stocks, Binary Options.

Account Types

There are three trading accounts on offer: Bronze, Silvers, and Gold. Three accounts put forward deposit bonus programs, 20%, 50%, and 100%, respectively. As for the minimum deposit requirement, the Bronze account needs to be injected an initial capital of 250 USD to start trading. Besides, demo accounts are also available.

Payouts

You can find the payout for different trading assets in the trading platform, on the right-left side. For example, you will see EURUSD-85%. This means if you will open trade with a $100 investment, then in case of the win, you will receive $185 payout-$100 investment returns and $85 of profit.

Trading Platform

There is nothing special with RaceOptions trading platform, as this broker offers a mobile trading platform, which features regular options/CFD trading, 60 seconds trading, account funding, funds withdrawal, and trading history.

Payment Options

RaceOption supports traders to fund their accounts through VISA, MasterCard, BitCoin, Ethereum, and Altcoins (Zcash, Bitcoin). Deposit are available nearly instantly except in the case of wires which may take up to a week to process and withdrawal can be almost done within 1 hour. Funding through Credit Card will be subject to a 5% service fee. RaceOption does not charge a transfer fee. However, the third-party fee may be applied. During weekends and public holidays, funding time may be delayed.

Customer Support

RaceOption offers several customer support phone numbers: +18299476393, +442080685335, 3-395-0396, 081-855-7055, +7-499-7033774 for you to connect with them. Additionally, there is a “contact form” to fill in some basic information. You can also follow this broker on Instagram and Twitter.

User Reviews

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Tyler3710
0-3months
RaceOption has been a mainstay in my trading toolkit for several months. The standout feature for me is the copy trading option. It's fascinating and incredibly educational to watch and replicate the trades of those who have mastered the craft. The platform's user-friendly interface means I spend less time figuring things out and more time trading. Instant deposits are a breeze, and I am consistently impressed by how quickly withdrawals are processed—always within the promised 60 minutes. The only con is the lack of MetaTrader 4/5 support, which I feel would elevate the trading experience even further.
2023-12-01 22:12
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0
0
Nate1626
0-3months
I must admit, RaceOption's steadfast commitment to processing withdrawals within an hour is nothing short of revolutionary. In online trading, where timing is everything, this efficiency gives me an incredible edge. Not to mention, their platform's user-friendly interface is a real joy to navigate. For someone like me, who used to find trading platforms intimidating, this ease of use has made a significant difference. It allows for a seamless transition between different types of trades, which is invaluable in dynamic markets. While RaceOption provides a stellar trading experience with its rapid withdrawal times and user-centric design, for the analytical trader, there remains a small gap to be filled with the sophistication of MetaTrader 4/5 platforms.
2023-11-26 20:33
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0
0
一路风尘
more than one year
I've been to a lot of brokers before but I'm satisfied with Race Option now aside from 100% client support, the fast transaction for withdrawals & deposits and also they give bonuses. So far I don't have any problems with my account.
2023-02-22 18:04
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0
1
家順
more than one year
I really appreciate Race option’s 7/24 customer support, for I needed to withdraw my funds on 01/29/2023, a Sunday. Austin helped me process my withdrawal request, and I received the money next day. They are amazing!!!
2023-02-16 10:27
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0
0
刘言岭
more than one year
Very strange, the website of this company Race Option cannot be opened. Is it an issue with my network, or is it actually failing?
2022-12-20 11:41
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0
0
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