{"id":4682,"date":"2019-12-17T06:47:28","date_gmt":"2019-12-17T06:47:28","guid":{"rendered":"https:\/\/trade-malaysia-option.com\/raceoption\/"},"modified":"2023-02-15T08:08:58","modified_gmt":"2023-02-15T08:08:58","slug":"raceoption","status":"publish","type":"post","link":"https:\/\/trade-malaysia-option.com\/en\/raceoption\/","title":{"rendered":"RaceOption"},"content":{"rendered":"

Raceoption is a new broker registered and headquartered in Seychelles.\u00a0They are operated by Race Projects Ltd., registration number 114612, having its registered office at 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles, which operates on behalf of FGC, a company holding the umbrella financial services umbrella in that jurisdiction.\u00a0This broker is not regulated by CySEC or the FCA.<\/span><\/p>\n

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Key facts:<\/span><\/strong><\/h3>\n

Minimum Deposit $250<\/span>
\nPayout: 85%<\/span>
\nDemo: Yes<\/span>
\nRegulated:<\/span>
\nSeychelles Bonus : 100% Deposit match bonus on any first deposit<\/span><\/p>\n

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Trading Platform<\/span><\/h3>\n

The platform has a familiar feel.\u00a0Nothing to stand out from its competitors.\u00a0Regardless, it supports binary options trading as well as simple forex and CFDs in a way that is suitable for beginners as well as more experienced traders.<\/span><\/p>\n

Binary options come in 3 types;\u00a0turbo, short term and long term.\u00a0The turbo option is where you’ll find the short 30, 60 and 120 expeditions.\u00a0Short-term or intraday is the expiration for the trading session and long-term is the expiration for tomorrow, then in the week, next week, the end of the month and so on.<\/span><\/p>\n

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Demo Account<\/span><\/h3>\n

A demo account is only available after a deposit has been made.\u00a0This is a shame as it means traders cannot “try before they buy”.\u00a0Hopefully the brand will make demo accounts available with no deposit in the future.<\/span><\/p>\n

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Cryptocurrency pairs<\/span><\/h3>\n

The list of assets is extensive but like so many with similar listings only a few you see are actually tradable.\u00a0They have assets in all 4 categories though, which are good, including forex, commodities, stocks and indices.\u00a0The forex listing also includes some simple cryptocurrency pairs although the CFD section of the platform is what you want for broader crypto trading.<\/span><\/p>\n

The platform is very easy to use and not cluttered with many additional services and other uses to grab traders.\u00a0To the left is the asset listing, in the middle is the chart \/ screen for trading and to the right is the order area.\u00a0Just select call or put, enter trade amount, select expiration and press enter.\u00a0Love the nuts.<\/span><\/p>\n

There are several additional tools for traders including the rollover and sell feature now.\u00a0This allows the trader to add time to an existing trade (for an additional fee) or to sell to lock in profits \/ cut losses.\u00a0The only downside is how simple the platform is.\u00a0The chart is not what I would call advanced and does not come with the tools and indicators a serious trader needs.\u00a0Of course, that doesn’t matter because most binary traders use other charting software like MT4.<\/span><\/p>\n

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Deposits And Withdrawals<\/span><\/h3>\n

Deposits are very easy and can be made by credit card, wire transfer, eWallet or even cryptocurrency.\u00a0The site supports payments in BTC, ETH, LTC and other commonly traded tokens.\u00a0Deposits are available almost instantly except in the case of cables which may take a week to process.<\/span><\/p>\n

The minimum withdrawal is only $50 and there are no fees.\u00a0Requests are processed within one hour and paid as soon as each method allows.\u00a0Ewallets (Skrill, Neteller etc) and cryptocurrency are the fastest methods and can be returned to your account on the same day.<\/span><\/p>\n

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Important Modification Terms<\/span><\/h3>\n

The downside here is that there is a turnover requirement for accounts with and without bonuses.\u00a0Accounts that do not take bonuses must trade an amount equal to 100% of the deposit before making a withdrawal, those with bonuses need to achieve a turnover of 300% of the deposit amount to withdraw funds and profit.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Raceoption is a new broker registered and headquartered in Seychelles.\u00a0They are operated by Race Projects Ltd., registration number 114612, having its registered office at 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles, which operates on […]<\/p>\n","protected":false},"author":1,"featured_media":3460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[104],"tags":[123,111,106,107,108,153,158],"class_list":["post-4682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ulasan-en","tag-akaun-demo-en","tag-broker-en","tag-cryptocurrency-en","tag-pilihan-binari-en","tag-pilihan-iq-en","tag-platform-dagangan-en","tag-raceoption-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4682"}],"collection":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/comments?post=4682"}],"version-history":[{"count":1,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4682\/revisions"}],"predecessor-version":[{"id":4683,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4682\/revisions\/4683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media\/3460"}],"wp:attachment":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media?parent=4682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/categories?post=4682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/tags?post=4682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}