Raceoption Review: A Comprehensive Guide to Trading Success

Introduction

Are you tired of trading on platforms that just don’t seem to get it right? Are you looking for a trading platform that can provide you with the features and tools that you need to be successful? Look no further than Raceoption!

Raceoption is a popular trading platform that offers users a variety of account types, assets for trading, deposit and withdrawal methods, as well as bonuses and promotions. The user-friendly interface and customizable options make it easy for both experienced traders and beginners to navigate.

What is Raceoption?

Raceoption is an online trading platform that allows users to trade in various financial markets such as commodities, indices, stocks, and currencies. It was established in 2014 by a group of experienced individuals from the finance industry who wanted to create an intuitive and reliable platform for traders. One of the unique features of Raceoption is its different account types.

Users can choose from several different accounts depending on their level of experience or preference. Each account has its own set of features including access to different assets, bonuses, promotions, educational materials, and customer support.

Features

The Raceoption platform comes with several features that make it stand out from other online trading platforms. One of these features includes its user-friendly interface which makes navigation seamless regardless of your experience level.

Additionally, it offers customizable options such as charting tools which allow traders to personalize their workspace according to their preferences. Another key feature offered by Raceoption is the availability of a demo account.

This feature enables users to practice trading without risking any real money. It’s an excellent way for beginners to get hands-on experience with the platform before committing any funds.

Overall, Raceoption provides an all-in-one solution for traders looking for a reliable and user-friendly online trading platform with tons of customizable options at their disposal. In the following sections we will go over each aspect of Raceoption in detail to help you decide whether this platform is right for you.

Account Types

Raceoption offers different account types to cater to the varying needs of its clients. Each account type comes with unique features and benefits that clients can choose from based on their trading goals and preferences.

Silver Account

The Silver Account is the most basic account type offered by Raceoption. It requires a minimum deposit of $250, which is relatively affordable compared to other brokers in the industry.

As a Silver Account holder, you get access to over 50 trading assets, including forex pairs, commodities and cryptocurrencies. You also get daily market reviews and financial research from experts in the industry.

One notable benefit of having a Silver Account is that you get 24/7 customer support from dedicated account managers who are always ready to assist you with any issues that may arise during your trading journey. Additionally, you will receive a bonus of up to 50% on your first deposit.

Gold Account

The Gold Account is the next level up from the Silver Account and requires a minimum deposit of $2,500. It comes with all the features of a Silver Account but also includes extra benefits such as faster withdrawals (within 24 hours), personal training sessions with expert traders, and access to exclusive videos covering advanced trading strategies.

As a Gold Account holder, you will get more trading assets (over 100) compared to those offered in a Silver Account. Moreover, you can trade up to three different assets simultaneously using TradingView charts.

VIP Account

If you are an experienced trader or have significant funds available for investment, Raceoption’s VIP account might be perfect for you. To open a VIP account on Raceoption requires at least $10,000 deposit amount. VIP accounts come with all perks of silver & Gold accounts but provide many advantages like higher returns on your trades (up to 90% payout), no limit on the deposit amount, personal account manager who will answer all of your queries and provide you a tailor-made trading strategy to help you achieve your financial goals.

Raceoption offers three different account types that cater to traders with varying levels of experience and investment budgets. Ensure you choose an account that suits your needs, preferences, and experience level.

Trading Platform

User-Friendly Interface: Easy to Navigate

When it comes to trading, the platform’s ease of use plays a crucial role. Raceoption’s trading platform is designed with user experience in mind. It features a user-friendly interface that even beginners can navigate easily.

The design is minimalistic and straightforward, making it easy for traders to find what they’re looking for without hassle. One aspect that stands out on the Raceoption trading platform is its customization options.

You can customize the display according to your preferences and even change the language if needed. This feature is particularly useful for traders who speak different languages or those who aren’t comfortable with English.

The platform has a sleek and modern look, with charts and graphs displayed in real-time with updated prices from the financial markets. The option to view multiple charts on one page improves visual data analysis as users can observe multiple assets simultaneously.

Customization Options: A Personal Touch

Raceoption allows customization of its trading platform making each trader’s experience unique with their own personal touch. For example, you can adjust your preferred color scheme – this would enable you to select colors that reflect your personality or even pick hues that help minimize eye-strain if staring at screens for extended periods.

Traders can personalize their dashboard by arranging widgets and tools according to their preference, based on which analytics they consider most important in making informed decisions when purchasing assets. Traders have many tools at their disposal such as technical indicators ranging from RSI (Relative Strength Index) Bollinger Bands, Moving Average Convergence Divergence (MACD) among others – these tools assist in analyzing market trends allowing traders to make well-informed decisions when buying or selling assets.

Availability: Accessible across Multiple Devices

Accessibility is paramount when choosing an online trading platform; people need access across different devices. Raceoption provides a web-based trading platform that can be accessed from anywhere via the internet. It’s also optimized for mobile, meaning traders can access their accounts and trade on-the-go.

In addition, Raceoption provides downloadable desktop versions of their platform for Windows and MacOS. The desktop client allows you to make use of the full range of tools and features while having increased stability, security and faster processing time compared to using the web version.

Assets Available for Trading

List of assets available for trading on Raceoption

Raceoption offers a wide range of assets for traders to trade on their platform. These include forex, stocks, indices, and commodities.

It is essential to note that the availability of these assets varies depending on the type of account you have signed up for. For instance, with a standard account, you can only access a limited number of assets compared to a VIP account where all assets are accessible.

Explanation of each asset type

Forex: This refers to foreign currencies traded in pairs. The most popular currency pairs traded on Raceoption include EUR/USD, GBP/USD, USD/JPY, and AUD/USD.

Stocks: Stocks represent ownership in a company. Raceoption provides traders with access to stocks from companies listed on major stock exchanges worldwide such as NASDAQ and NYSE.

Indices: An index represents a basket of shares or stocks from several companies in various industries. Raceoption offers traders indices such as Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX500), and Nasdaq Composite Index (NAS100).

Commodities: These are physical goods that are either grown or mined such as gold, silver, crude oil and coffee among others. At Raceoption traders can speculate on commodity prices by buying or selling contracts.

It’s important to have an understanding of all the asset types available before deciding which ones to trade on. The diversity offered by Raceoption ensures that there is something for everyone regardless of trading interests and experience levels.

Deposits and Withdrawals

Various Deposit and Withdrawal Methods Available on Raceoption

Before signing up with any online trading platform, it’s important to know how you can deposit funds into your account and withdraw profits. At Raceoption, you’ll have several options for both deposits and withdrawals.

For deposits, the most popular methods are credit/debit cards and e-wallets like Skrill or Neteller. These options are also the fastest, allowing you to start trading within minutes of depositing.

You can also choose to do a bank transfer, although this method may take longer to process. When it comes to withdrawals, Raceoption allows users to cash out using the same methods they used for depositing.

This means that if you deposited with a credit card, your profit can be withdrawn back onto that card. Alternatively, you can use a bank transfer or e-wallet for withdrawal too.

Fees Associated with Each Method

One thing to keep in mind when making transactions on Raceoption is that there may be fees associated with each method. For example, using a credit card could incur a small fee (usually around 2-3%) due to processing costs from the payment provider.

E-wallets like Skrill or Neteller also come with their own fees which vary based on the e-wallet provider itself. Bank transfers may have fees too depending on your bank’s policy regarding international transfers.

It’s important to note that while there may be fees associated with certain methods, Raceoption itself does not charge any additional fees for deposits or withdrawals. However, if you are unsure about any potential charges from your payment provider or bank, it’s always best to check beforehand.

Raceoption provides users with several options for both deposits and withdrawals including credit/debit cards, e-wallets like Skrill or Neteller, and bank transfers. While fees may be associated with certain methods, Raceoption does not charge any additional fees for deposits or withdrawals.

Bonuses and Promotions

One of the most striking features of Raceoption is the variety of bonuses and promotions that it offers to its users. These bonuses and promotions are designed to attract new users, retain existing users, and incentivize traders to stay active on the platform.

Details about Bonuses and Promotions Offered by Raceoption

Raceoption offers several types of bonuses and promotions for its users. The most common one is the deposit bonus, which is offered when a user makes a deposit into their account.

The amount of bonus varies depending on the size of the deposit made. For example, if a user deposits $500, they may receive 50% bonus on their deposit amount.

This means that their account will be credited with an additional $250. Raceoption also offers risk-free trades as part of their bonus program.

Risk-free trades are essentially free trades that allow users to trade without risking any money from their account balance. If a user loses a trade, Raceoption refunds the full amount back into their account balance.

Terms and Conditions to Avail these Offers

In order to avail these offers, there are certain terms and conditions that must be met. For example, for the deposit bonus offer to apply, a minimum deposit amount must be made into the account. Additionally, there may be specific time frames in which these bonuses can be claimed or used.

It’s important for traders to carefully read through all terms and conditions before availing any bonus offer or promotion on Raceoption. Failure to comply with any requirements may result in forfeiture of the bonus or promotion.

Raceoption’s bonuses and promotions program provides excellent incentives for traders who want to maximize their profits while minimizing risks involved in trading binary options online. With a variety of bonuses and promotions available, users can choose the one that suits their needs and trading style the most.

Customer Support

When it comes to trading, having access to reliable customer support can make a world of difference. Raceoption takes pride in offering excellent customer service to its users. The company provides several avenues for users to get in touch with their support team, including email, phone, and live chat support.

Availability and Response Time

Raceoption’s customer support team is available 24/7 to assist users with any queries or issues they may encounter during their trading experience. Their response time is impressive, with most inquiries being addressed within a few hours of being submitted.

If you require immediate assistance, the live chat function is the quickest way to get in touch with a representative from the company. What sets Raceoption apart from other trading platforms is that they provide multilingual support services.

They offer assistance in several languages, including English, Spanish, Portuguese, French, Italian and Russian. This allows traders from different parts of the world to communicate effectively with their customer support team and resolve any issues that may arise.

The Customer Support Team

The customer support team at Raceoption consists of highly trained professionals who are knowledgeable about all aspects of the trading platform. They are friendly and responsive individuals who are ready to help you solve your problems whenever you need them. Whether you have questions about account registration or need assistance with your deposit or withdrawal requests, the dedicated staff at Raceoption will be more than happy to help.

Raceoption’s customer service department sets them apart from other binary options brokers on the market. With multilingual support available 24/7 through email or live chat functionality within seconds for urgent matters during working hours; this broker has quickly become one of our favorites when it comes down solely based on client satisfaction levels alone!

It’s clear that Raceoption places a premium on their users’ satisfaction, which is evident in the quality of service they provide. If you’re looking for an online trading platform with excellent customer support services, then Raceoption is definitely worth considering!

Security Measures: Protecting Your Data and Funds

When it comes to online trading platforms, security is of the utmost importance. At Raceoption, the team takes several measures to protect its users’ data and funds. Let’s take a closer look at some of these security measures.

Data Encryption

Raceoption uses SSL encryption technology to protect all user data transmitted through the website. This means that any information you enter into the platform is encrypted before being sent over the internet, making it virtually impossible for anyone else to intercept or steal your personal or financial information.

In addition to this, Raceoption has also implemented advanced firewalls and intrusion detection systems that actively monitor its servers for any suspicious activity. This ensures that even if someone manages to breach their defenses, they’ll be quickly detected and stopped before they can do any damage.

Funds Security

Raceoption also takes great care to protect its users’ funds. All deposits made on the platform are kept in segregated accounts with reputable banks, meaning that even in the unlikely event that Raceoption itself were to go bankrupt, users’ funds would still be safe and easily accessible.

In addition to this, Raceoption has implemented strict KYC (Know Your Customer) procedures that require all users to verify their identities before being allowed access to their accounts. This helps prevent fraud and money laundering while ensuring that only authorized individuals can make withdrawals from your account.

Login Security

To further protect your account from unauthorized access, Raceoption requires all users to set up two-factor authentication when logging in. This means that in addition to entering your username and password, you’ll also need a unique code generated by an app on your phone or computer before you can access your account.

Overall, Raceoption takes security very seriously and has implemented numerous measures to ensure that all users’ data and funds are safe at all times. With these protections in place, you can trade with peace of mind knowing that your information and assets are secure.

Conclusion

After going through the features, benefits, and drawbacks of Raceoption, it is evident that it is a reliable and user-friendly trading platform. The platform offers various account types to cater to different trading needs and levels of experience. The user-friendly interface of the trading platform makes it easy for beginners to navigate while allowing advanced traders to customize their experience.

The wide range of assets available for trading on Raceoption also provides traders with multiple options and opportunities for profit. Deposits and withdrawals are convenient with several payment methods provided, although some fees may apply.

Additionally, bonuses and promotions make Raceoption even more attractive. Raceoption’s customer support team provides prompt assistance in multiple languages, making the overall trading experience comfortable and stress-free.

Their security measures ensure users’ data and funds are safe. Raceoption is a reliable option for anyone looking to trade binary options or forex markets.

The various features provided by this platform cater to all levels of traders from beginner to expert-level traders alike. With a great user interface that’s easily customizable along with numerous assets available for trading in different markets, Raceoption is an excellent choice for any trader who wants an enjoyable time while earning profits!