RaceOption minimum deposit is $250 USD. RaceOption accepts deposits from different payment methods, such as credit card, Bitcoin, altcoins, Skrill, and Neteller. RaceOption charges a 5% fee on the credit card payment. Your funds will instantly be deposited into your account.
On the deposit of $250, you will get access to the bronze account. This bronze account is associated with various advantages such as live video customer support 24 hours a day and seven days a week, a demo account, and many trading tools.
RaceOption offers many withdrawal options, such as Credit Cards (Visa MasterCard), Qiwi Wallet, Skrill, Okay, Perfect Money, and Neteller. Bitcoin is a highly preferable payment method by the RaceOption team. Bitcoins payment methods are fast, and there is no commission on them.
You ca withdraw a minimum amount of $50. RaceOption claims that withdrawals will be processed within an hour. However, you have to verify your ID before the withdrawal process. All these processes are done to ensure a secure trading atmosphere.
Users who do not accept any bonus can withdraw funds as soon as their account reaches to 100% turnover of the deposit amount. In simple words, traders can withdraw their funds just after the trading of the complete deposited amount.
Investors who have already received a bonus from RaceOption will be able to withdraw funds just after the 300% turnover of the deposited amount. You can read the policy conditions of the RaceOption bonuses on their website. They offer up to 90% payout and you can trade with a minimum of 1$ tade.
RaceOption Mobile App
The RaceOption platform is a little different from the other platforms that are offered by the Finance Group Corp. RaceOption platform interface has easy and well-designed interface that line up with other trading platforms offered by other leading brokers in the forex market.
RaceOption platform is browser-based, and it has all the significant charting information, account details, and trading data combined into the platform. But they also offer a mobile trading platform for their traders.
Just like most trading brokers, RaceOption has predicted the need of clients to check their asset trading while they do not have access to PC or Laptop. Traders do not need to tie their laptops to themselves or download and install the trading software on their laptops. They created a web-based platform, and you do not need to install or download anything. This platform can be accessed from anywhere worldwide and at any time in day or night using a tablet, iPad, and iOS or Android smartphones by using a mobile-optimized website. This means that mobile phone users can access RaceOption’s web-based trading platform without relying on the mobile trading apps.
Is RaceOption Regulated?
RaceOption was regulated in 2017 by Vanuatu’s trading authority under the name of Finance Group Corp. If you wish to check the legitimacy of a broker, then check for the authority that is regulating the broker. The major regulated authorities are CySEC in Cyprus, ASIC in Australia, and CFTC in the United States.
Although RaceOption is not regulated by these major authorities, the brokerage is operated by a reliable company. RaceOption is known to be a serious competitor in the binary options market place by offering wide-range offers to traders. From the ease of access to the fact that the platform offers friendly withdrawal terms, you can feel that this broker is going to experience huge growth quite quickly. RaceOption is a good offshore broker with competitive conditions.
Many traders are quite satisfied with the service quality of RaceOption. There are some areas where improvement is needed but RaceOption has managed to improve those deficiencies by offering a more personalized approach with live video customer support. For the first time in the trading sector, you can see to whom you are dealing, unlike talking to an unidentified entity. RaceOption claims to process all withdrawals in an hour; this is the first time in binary options trading as well. We did not receive any complaints about RaceOption scam. All these initiatives show that RaceOption is serious about building a reputation in the trading sector.