RaceOption review and test – Is it a scam or not?

Min. deposit:
RaceOptionRaceOption logo
4 out of 5 stars (4 / 5)
100+ Binary Options, Forex, CFD, Crypto
$ 250
Up to 95%+

Looking for a trusted broker has always been an arduous task for newcomers in trading. However, this review will facilitate you to make this arduous task a piece of cake by sharing each and every detail of the concerned broker. On-site we will have a deeper look into the popular website RaceOption. Learn about the conditions, offers, and safety for customers. It will take only a few minutes to know all about RaceOption broker. Read this RaceOption review and start your trading journey. 

Is it really worth investing your money there? – Find out in our review.

RaceOption official website
RaceOption official website

Introduction to RaceOption – About the company

RaceOption is one of the leading brokers for options trading in the current market. This broker also holds the prestige to host a huge number of users without listing under a regulator. It has easy to user interface and provides a wide range of account types. RaceOption also provides offers and promotions like trading competition and referrals to assist its users to encourage them about taking more interest in trading. The website https://www.raceoption.com/ is managed by the Makerun Corp. based in Marshal Island with the registration number 104038.

It has a very transparent system of deposits and withdrawals that helps this trading platform to become a reliable and transparent broker. The team behind the project is industrious that is working day and night to facilitate the users and expand the area of operation. It provides access to various markets where users can start their trade on web-platform and on mobile applications. It has the highest payout ratio in the broker industry. RaceOption online trading broker is reliable, trusted, secure, and offers a diverse range of investment products, trade types, and bonuses to its users to earn from this ambitious and lucrative market.

(Risk warning: Your capital can be at risk)

Regulation and safety of RaceOption

People claim that regulation is a must thing to invest in and do trading in the market. However, RaceOption has done a remarkable thing to attract a huge amount of users by giving confidence and building its trust in the broker market. It has a feature of giving withdrawal in just 1 hour that has attracted potential investors and traders. RaceOption is a lucrative trading broker with a high level of customer care and investment services. RaceOption uses SSL (Secure Socket Layer) technology to encrypt your transactions and keep your personal information as secure as possible.

No such evidence has been provided of fraud or any hack on this website. This is the aftermath of this technology and the confidence in users of RaceOption is increasing day by day despite being un-regulated. Features of security in the RaceOption.

  • SSL certified
  • Funds safety in European bank
  • 3d secure enable


RaceOption is not regulated by an official authority

Trading conditions and offers for traders

Trading is an art of experts, but with the assistance of professional traders, it can be made easy through their expertise in all areas of trading. However, these services come with some restrictions and conditions. In a similar fashion, RaceOption provides facilities to its users under the following conditions.

  • The minimum deposit is $250
  • Deposit of funds between $250 to $999 will get a 20 percent bonus
  • Deposit of funds from $1000 to $2999 will get a 50 percent bonus.
  • Deposit of funds from $3000 to $50,000 will get a 100 percent bonus.
  • 3 types of account types
  • Multi-lingual team of experts
  • High payouts of up to 95%
  • More than 100 different assets

RaceOptions offers a web platform and mobile app for trading. Surprisingly the demo account is only offered after making the minimum deposit with RaceOptions. You can trade currencies, cryptocurrencies, stocks, commodities, and indices 24 hours per day. The maximum payout can be up to 95% per trade. That means you will invest $ 100 in one trade and you will have a payout of $ 195 if you made the right forecast. Otherwise you will lose the investment amount.

Surprisingly there is not a free demo account to test the platform. The demo account is only available after depositing the minimum deposit of $ 250.

(Risk warning: Your capital can be at risk)

Review of the RaceOption trading platform

RaceOption trading platform
RaceOption trading platform

Trading is a basic economic concept involving the buying and selling of goods currencies commodities and indices, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. However, RaceOption presents a unique feature of trading contests and copy trading in the middle of the platform.

On the left-hand side, there are assets of different pairs and markets that users can search for their desired pair to keep an eye on it. Charts can be viewed in the middle of the platform to perform analysis with the help of tools given on the web platform. The users can view their trade history by selecting a certain time period and can do an analysis of its performance on a monthly and weekly basis. It also has a unique feature to predict the market in the right direction and earn money by forecasting the market potential.

Charting and analysis

If one wants to become successful in trading, one needs to master charting and analysis techniques. However, the broker industry is trying to facilitate people by offering different courses on trading and other facilities to the users to maximize their profit. RaceOption has come up with a unique strategy to assist the users and immature traders by giving them an option to trade by replicating the trades of the top gainers and professionals.

Adding charting tools to the RaceOption trading platform
Adding charting tools to the RaceOption trading platform

It also has the feature of trading contests that urge the users to invest more and more to maximize their profit. The platform is easily accessible on all devices. A chat bar is also in the middle of the platform to do the technical and fundamental analysis.

  • Charts powered by TradingView
  • Indicators
  • Drawing tools
  • Multiple timeframes
  • Different chart types
  • All the features you will need for technical analysis

(Risk warning: Your capital can be at risk)

Mobile trading and app

Mobile applications have turned the world into a global village. Mobile trading has played a very active role in the trading world. Race-option has also jumped on the bandwagon by launching the trading application for its users to resume their trading while outside and on the journey. The application has a very easy interface to use, and the size of the app is just 1.8 Mb with 1.8k downloads. While opening the application the demo account opens and asks for the prediction. After this, it has an option at the bottom to open a real account. The option of predicting the market potential and earning from that move is also available on this application.

Benefits of using the application:

  • It enables traders to view their trade history and analyze mistakes
  • It allows for instant execution of trades and also stops the loss of features
  • It is as simple as the web-based platform
  • It shows live charts of every CFD and market available on the platform

 Learning trade with RaceOption

Race-option has done a tremendous job in facilitating the new users by giving them an option of copy trade that has given immense benefit to the new users and investors. It is in the aftermath of this great service that the race option is still operating at a very fast pace, all the credit goes to the great service and credibility it has got among the users. Following are the benefits of copy trade offered by RaceOption.

Copy trade

Copy trading with RaceOption
Copy-trading with RaceOption

Following are the benefits of copy trade:

  • It limits the potential loss faced by traders
  • It is effective for new traders
  • It is a sort of passive income strategy to earn and give some benefit to which you are copying.
  • It minimizes the risk of traders losing money.

Technical analysis of the web platform

Race-option provides great aid to the users by providing live chat for the users to help them during the trade, the platform also provides tools to analyze the coins that help the users to identify their entry and exit points. No doubt, it provides great service to users in learning the trading in an efficient way. This is how the race option platform has empowered the people in becoming pro-traders.

(Risk warning: Your capital can be at risk)

Opening an account at RaceOption

To open an account is the first step to enter into the trading world. It takes merely 30 seconds to open an account by entering an email, phone number, and the mode of using the currency. After entering all the details the user has to verify the email sent to the entered email by clicking on that link. After clicking on that link, it takes to the login page, and one has to enter just an email and set a password by the user to access the platform. The user can also access that on the mobile phone app also to do trading. Hence, the account opening is not an arduous task even for newcomers. After opening an account it offers a variety of options for the account types.

RaceOption account types
RaceOption account types

Following are the types of accounts offered by RaceOption:

  • Bronze account
  • Silver account
  • Gold account

Bronze account

Bronze account type provides the following features to users

  • A minimum deposit of $250
  • Live video chat support
  • 20% deposit bonus
  • Demo account
  • Copy-trading tool

Silver account

Silver account type provides the following features to users

  • A minimum deposit of $1000
  • Copy-trading tool
  • Demo account
  • Live video chat support
  • Withdrawal in 1 hour
  • 50% deposit bonus
  • Master Class
  • First 3 risk-free trades

Gold account

Gold account type provides the following features to users

  • Demo account
  • Copy-trading tool
  • Live video chat support
  • First 3 Risk-Free Trades
  • Personal success Manager
  • A minimum deposit of 3000$
  • 100% Deposit Bonus
  • Master Class web-session

The minimum amount and the bonus percentage can be easily got by entering the deposit amount and the user gets its total deposit amount with the increase of percentage depending upon the amount deposited by the users. However, the bonus percentage strictly follows the above-mentioned account types.

RaceOption demo account

The demo account has been hailed by the users and almost all the broker community provides this service to its users, in order to get real-time experience in trading to learn and earn after getting some knowledge. As you know, trading is the crux of experience and knowledge. Hence, owing to the importance of a demo account, it is offered by race-option also to facilitate its users. RaceOption offers a limited demo account for every account holder, which can be gained after making an initial deposit. Traders will have to open an account and deposit money into their trading account for demo access.

(Risk warning: Your capital can be at risk)

Negative balance of protection

The basic purpose of this feature is to keep safe the new traders from getting negative. It is one of the most ambitious options offered by trading brokers. However, it varies from broker to broker. Some brokers give this facility to its premium members and some do not give it. Moreover, RaceOption gives a unique feature of copy trading. With the help of this feature, the new users not only become safe from getting into negative but also get profit by copying the trades of experts doing trade on the platform.

Deposits and withdrawals

The deposits and withdrawals process varies from broker to broker. Some claim to be the fastest withdrawal broker in the whole industry and few brokers claim they are transparent in deposits and withdrawals. However, RaceOption has maintained its trust among the users by fulfilling all the claims it made.

RaceOption payment methods
RaceOption payment methods

Following are the deposits methods used by the RaceOption:

  • Visa MasterCard

It provides instant funding to users’ accounts. However, it has a transfer fee of 5 percent.

  • Perfect money

It provides up to 1-hour funding covers all the regions and has no transfer fee

  • Altcoins

It provides instant funding covers all the regions and has no transfer fee

  • Ethereum

It provides instant funding covers all the regions and has no transfer fee

  • Bitcoin

It provides instant funding that covers all the regions and has no transfer fee. You can also gain a bonus of 5%.

(Risk warning: Your capital can be at risk)


The withdrawal process has always been an arduous and ambitious step for users. As use want it to be delivered instantly. Keeping in view this security of user funds, it delivers the withdrawn money within 1 hour after proper verification.

Note: During weekends and public holidays, funding time may be delayed.

Support and services of RaceOption

It has a competent team available 24/7 to work and assist the users at the earliest. There is a live chat bar on the right bottom of the platform where one can live chat with experts and ask queries about their issues and help in trading. This unique feature has also helped the race option to grow its users rapidly. The live chat options can be translated into 24 different languages of the world.

Following are the numbers of offices operating in different cities of the world:

  • +18299476393 USA
  •  +442080685335 UK
  •  3-395-0396 Hong Kong
  •  081-855-7055 Thailand
  •  +7-499-7033774 Russia

Accepted countries and restricted countries

Currently, it has offices in Hong Kong, the Marshall Islands, Thailand, Russia, and the UK. RaceOption does serve international clients but does not provide businesses on the US territory.


Race-option provides a variety of services to its users. Following are the major services offered by race-option.

  • Multi-lingual interface and support
  • Copy trade
  • Trading contest
  • No transfer fee accepts Visa cards
  • Multiple deposit methods
  • 1 hour guaranteed withdrawal
  • Access to recent news about the market
  • Technical and fundamental analysis of the market
  • 3 tier account system
  • 1 $ minimum trade size
  • 100 + trading assets
  • 5 forex currency pairs
  • 9 commodities
  • 35 indices
  • 80 international stocks
  • Competent support team
  • Live chat with trading experts
  • 3 risk-free trades after making an account by using promo code
  • Secure trading

(Risk warning: Your capital can be at risk)

Special offers

RaceOption contests and Giveaway
RaceOption contests and Giveaway

In order to attract the users to invest more and get their friends into the market, the platform offers a series of giveaways and other valuables along-with the referral bonus.

Trading competition

It offers a weekly trading competition in which hundreds of users participate in it, and get a chance to win $20k.


At the moment these offers are on the list:

  • 10 prizes of apple watch series 6 by depositing $500-999$
  • 5 prizes of iPhone 12 pro 256GB by depositing $1000-2499$
  • 5 prizes of iPad pro by depositing $2500-4999$
  • 3 prizes of Mac 27” by depositing $5000$ plus

Conclusion of the RaceOption review: It is not a scam

RaceOption is a great trading platform that offers hundreds of trading pairs to users to trade and earn. It gives a sense of security to the people and encourages them to invest and earn. All the process involved from depositing to withdrawal is completely crystal clear that has developed its trust. It provides different account types like its competitors.

It has a very user-friendly interface to use web-trading platforms and mobile applications. The customer support and the team behind this project are the main drivers of this great project. Along with trading, it provides a copy trading feature and other offers and prizes to its users to participate more actively in the trading. We can say that it is not a scam.

It has a bar of active users, USD earned and trader’s average income is shown on the bottom of the main page.

RaceOption review

Overview and test of the broker RaceOption

Trusted Broker Reviews

RaceOption logo
Trading offers
Customer support


RaceOption is a secure trading platform with competitive spreads and no hidden fees.


(Risk warning: Your capital can be at risk)

FAQ – The most asked questions about RaceOption : 

What is the minimum deposit needed at RaceOption brokerage?

As a trader or investor, every person needs to have a minimum deposit of at least $250 at the RaceOption online brokerage platform. If the deposit made is below this amount, there will be no account opening or initiation of any trade or investment.

Is it worth it to invest money in RaceOption?

RaceOption is one of the best online brokerage platforms for trading and investment. It is under the governance of several regulatory authorities around the world, thereby following certain set ground rules to ensure the trades can be handled in a legal manner. Plus, it has also obtained a license to ensure the users about their genuineness and authenticity.

What are the deposit conditions at RaceOption?

RaceOption has laid certain ground rules for deposits. For instance, the minimum deposit needs to be $250, but it can vary according to the account type chosen. Similarly, there are bonuses on deposits based on the amount being deposited, with the bonus percentage being 20%, 50%, and 100%.

Does RaceOption give a demo account?

Yes, RaceOption gives access to a demo account for first-time users. They will also get a virtual amount to be used as the demo deposit amount and initiate the trades.

See other articles about online brokers:

Last Updated on January 27, 2023 by Arkady Müller