RaceOption is a trading platform that provides the opportunity to trade binary options. With a minimum deposit of $250, you can business binary options including currencies, stocks, cryptocurrencies and commodities.
Traders can benefit from leverage around 1:100.There are several account types available. Moreover, RaceOption offers an attractive bonus program, a demo account and rounds up its service with a competent customer support.
But, Is RaceOption a trusted broker?
Well, as RaceOption is unregulated, the broker appears risky.
But based on our observatiupons, RaceOption can be classified as safe.
Traders get their money paid out on time and deposits also work without the problems.
Every trader should be raceoption trading aware of the hazards associated with binary options trading. But this is unrelated to the platform. Nearly all platforms, including RaceOption, make an effort to provide their traders a positive experience.
But as we've shown in the video, there are certain drawbacks using this broker. So, make sure you watch the video to notice down those aspects.
From a neutral point of view, neither the RaceOption platform nor binary options trading are illegal. Actually, it depends on the country and the laws in which the trader is located. Many countries prohibit trading binary options due to the high risk involved.