Raceoption Review 2018
The world of trading is growing on a daily basis. Foreign exchange is the biggest and most volatile market in the world, so everyone wants to get their piece of the pie. There are many traders participating in the field, but there are many brokers there, as well. Today, we will present a company named Raceoption.
Raceoption is a brokerage owned by Race Projects Ltd. and is currently one of the most popular brokers on the market. They have a remarkable reputation among traders, so we decided to conduct an in-depth analysis in order to see how good they really are. In this analysis, you can find the most important things you have to know about their offer, but also much more. You will learn how to open an account with them, you will get all the relevant information on the trading platform, and you can familiarize yourself with some extra features, too. Read our Raceoption Review to discover why these people are at the top of such a huge industry.
How to Start Trading
In the world of trading, it’s essential to manage time efficiently. In other words, we are very well aware of the fact that time means money. Luckily, with Raceoption accounts you won’t have to waste a second. As a matter of fact, you can start your trading career in just a few minutes.
First of all, in order to register, you have to fill out a simple form by entering your personal data. The information you share with Raceoption won’t be shared with any third party and will be only used in order to help create your personal account. Besides that, communication between clients and the broker is encrypted, so you don’t have to worry about safety, but more on that you can read later in our Raceoption Scam Test. After entering your personal data, you will be asked to choose an account you would like to use for trading. In order to get an account, you have to deposit some money, and that’s exactly what we’ll be discussing in the next paragraph of our unbiased analysis. Keep reading and check it all out!
Raceoption Deposit and Withdrawal
This is the part of Raceoption Review where we’ll be talking about deposit and withdrawal. As you know, in online trading you are dealing with real money, so it is very important that monetary transactions go smoothly and without any problems. Also, you want to have as many transaction options at your disposal as possible. If a broker can provide you with this type of service, you should consider signing up with it.
When it comes to Raceoption accounts, we are happy to confirm that this broker really does everything in its power to provide the best service possible. There are several methods you can choose from, all of them are completely safe. First of all, you can use Visa, Mastercard or Maestro credit cards and your Visa debit card, too. Besides that, you can use an e-wallet if you have one – Skrill, Neteller and Perfect Money are all there. We’d like to highlight that you can also fund your account in cryptocurrencies, which is an extra advantage in the world of trading. You can choose between Bitcoin, altcoins and even Ethereum. With such a selection, we are sure you will find something that suits you just right.
We have to underline that the minimum Raceoption deposit is set to 250$ (you can also use EUR and RUB). This is nothing out of the ordinary, a fairly average amount in the industry, and should be a great way to start trading. That is more than enough to earn significant profit right from the start.
As for Raceoption withdrawal, it’s important to highlight that the method used for deposit will also be used for withdrawal. We’d also like to mention that there are some fees in this case, but only if you use credit/debit cards. In this case, the fees will go up to only 5% and the minimum Raceoption withdrawal requirement is set to just 50$, much lower than what many other brokers ask for. That’s pretty much all you need to know about monetary transactions here, so in the next part of our analysis you can check out the account types on offer here. Stay with us, Raceoption Review continues!
Raceoption Account Types
When you’re looking for a broker you would like to trade with, account types are definitely a thing you have to keep your eye on. A good broker will have a wide variety of accounts. In other words, both professionals and amateurs should be able to find something for themselves. If you are a professional, you might need more extensive accounts with plenty of options. On the other hand, if you are a beginner you don’t need so many trading features. You want your account to keep things nice and simple.
If we take a look at Raceoption account types, we’ll see that they do indeed have several accounts you can choose between. The simplest account is called the Bronze account and it comes with 24/7 live video chat and a copy trading tool. Although it’s the simplest one, it has some interesting features, and we think it’s a great deal for beginners in forex trading. Then there is the Silver account with features such as master class (web session) and individual account managers. We’d also like to mention that Silver is the most popular Raceoption account type at the moment. The last one is called the Gold account and is designed mostly for professional traders and offers quick withdrawals, very detailed technical analysis and much more.
So, plenty to choose from. Once you make your choice, however, it’s time to head to the trading platform and start trading. The next part of our Raceoption Review will show you what to expect there.
Raceoption Trading Platform
Step by step, we have come to the most important part of every trading experience and consequently of our Raceoption Review – the trading platform. If this part of a trading website is good, it can increase your chances to win. If it’s bad, it can cause you serious troubles. When you’re inspecting a platform, there are several things you have to keep in mind. We’ll mention just the most important ones – speed, tools and design.
Raceoption trading platform was developed by the company’s own team. After testing it ourselves, we can say that this is one of the best platforms we ever had the opportunity to trade on. First of all, it’s extremely quick, meaning it can process your requests in a blink of an eye. This is very important, especially if you’re making short-term investments where prices can fluctuate very quickly. Besides that, it has a very detailed toolbox where you can find pretty much all you need for trading. You can get all the charts you need for technical analysis, you can display the current number of bulls and bears and do so much more. And the last thing – Raceoption trading platform is designed in a very intuitive manner, so you will be able to adapt to a new trading environment in just a couple of trades, even if you’re a complete beginner. There is one extra feature that will help you adapt even better, though, but that’s the topic of our next paragraph.
Raceoption Demo Account
When you’re a beginner, it’s normal that you need some time to adapt to a new trading platform. It can have the best design ever, but you will still need a trial period to check out all the options. Luckily, this website has one extra feature that will help you adapt without investing any real money. That’s right, you can practice without risking your money here – all you have to do is to open your Raceoption demo account!
Raceoption demo account allows you to practice your trading and explore every trading option before you actually enter the live market. This simulation is completely real. If you open this account type, you will have all the trading features and all the tools at your disposal. You can check out each and every chart and you can see what it’s like to trade stocks, currencies, commodities and indices. All price fluctuations are also completely real, so you can really get an authentic trading experience, something that will definitely help you when you start trading with real money. We think this is an opportunity you must not miss, especially if you don’t have too much experience in trading. You don’t have to spend a cent and you can get a lot, so don’t hesitate.
But we have more! In the next paragraph of our Raceoption Review, you can check another cool feature you shouldn’t miss. Interested? Good, it’s just below.
As we’ve mentioned a couple of times in our analysis, the world of trading is extremely dynamic and there is no time to lose. When we say there’s no time to lose, we want to say that there are always some trading options one can explore. Whether you are making long- or short-term investments or trading indices and stocks, there is always something going on. Every moment presents a new trading opportunity you can take the advantage of.
With this broker, there really is a way to make every single second a trading option. This feature is called Raceoption app and you can download it for free to your iPhone or Android. Raceoption app has no bugs, so you don’t have to worry about processing your requests on time and is also very quick and very user friendly, which means you will adapt to it in just a couple of trades. Most importantly, Raceoption app is completely free.
What is so good about this piece of software is that you get the same experience from it as on the desktop platform. All trading modes, all tools and all indicators are there to help you make a quick decision. Thanks to its great design, this app is very easy to use, and you can literally open a trade with a few taps. Exactly what you need of you’re in a hurry. No doubt, if you want to trade via your mobile device, Raceoption app is a great solution.
The next thing we’ll talk about is also one very interesting program the broker has developed for its clients. Stay with us and check it out!
Our Raceoption Review has already mentioned all the most essential things that have to do with trading itself, such as the trading platform and the features it offers. But what if we told you that trading can get you something extra on this website? And you don’t even have to do anything!
The other option is participating in Raceoption contests. These are competitions in which every trader with an account on this website can take part in. The best part of this contest is that you don’t have to do anything special. Everyone with an account will automatically enter the competition. It is weekly based – the ranking is determined based on the number of trades in 1 week during active contest time. As for the prizes, you can get either cash or a bonus for your account. If there are more traders with the same result, the one that achieves the result first will be ranked higher.
As you can see, this broker really takes care of its clients. We really appreciate the fact Raceoption contests are available to traders. You don’t have to do anything special – just relax, trade and try to be the best! But even that’s not all they have to offer.
Raceoption contests are just the beginning of great opportunities for acquiring additional trading funds with this broker. The company’s bonus policy is extremely interesting, so we needed to dedicate a part of this text just to it.
With this broker, the more you deposit the more additional funds you’ll get. There are three levels of Raceoption bonus you can get. First, for deposits of up to 1000 USD, 20% will be added to your balance. If you decide to transfer between 1000 and 3000 USD to your account, you will get additional 50%, but if you deposit 3000 USD or more your trading funds will be doubled. Not bad, huh?
However, that’s just the beginning of the Raceoption bonus policy because there are also risk-free trades you can enjoy. You can get up to three of them with your account package (only the basic account type does not offer them), and they will cover negative trading outcomes by providing you with a reimbursement in the form of another Raceoption bonus. Just keep in mind that you will need to reach a turnover of 300% of the deposited amount if you want to withdraw these additional funds. However, just like with the minimum withdrawal, compared to what other brokers ask, this requirement is actually quite reasonable.
There is one more thing we have to discuss before we wrap up this Raceoption Review, and that’s the overall security of this website and the broker’s reliability. You’ll find some very interesting details there, so don’t go away just yet.
Safety and Contact
Safety is probably the most important element when it comes to trading. If you are dealing with money on a daily basis, you have to be sure that the broker does everything in its power to provide you with a safe trading environment. Monetary transactions have to be completely secure, and all of your personal data has to be fully protected.
With Raceoption, you can be completely sure that nothing bad can happen. The broker uses SSL encryption technology that keeps every transaction completely safe. SSL stands for secure socket layer and is the best way of protection in trading. Don’t forget to check out the aforementioned scam test, where we take a closer look at everything. We will say, however, that the broker is regulated and that it has other security certificates.
Another paramount element we’d like to highlight is the broker’s support team. It’s crucial to have someone reliable on your side if you have some troubles, and with Raceoption’s team you can be completely relaxed. We tested them several times and they were quick with helping us. You can send them a message via live chat or you can call them, both ways work perfectly. With that, we think we can bring this Raceoption review to a close. The only thing left for us to do is to give you a short summary of our impressions.
At the end of this article we would like to highlight once again the most important aspects of this broker’s offer. First of all, it’s very easy to become one of the members of Raceoption family. All you have to do is fill out a simple form with your basic information and that’s about it. As for the money you have to invest, you can start your trading career with only $250, which is pretty standard in the industry.
When it comes to trading accounts, there are 3 of them – Bronze, Silver and Gold – and we are sure you will have no problems choosing the one that suits you best. There is also a Raceoption demo account which allows you to test the trading platform for free. If you do that, you will quickly see that the Raceoption trading platform is simply superb and it will definitely bring you an incredible experience. Its mobile version is quite handy and easy to use, plus you can participate in trading contests and earn some extra trading funds that way.
Add to all that the fact that you have loads of opportunities to earn something extra here. Raceoption contests are great and really require a minimum effort from traders, plus there is the option of getting a substantial bonus upon deposit. As you can see, our Raceoption review is definitely a success. Simply put, this is an excellent broker. Open an account with them if you want the best from the online trading world.