Raceoption review. 23 July 2020. This broker was not featured in our 2020 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. I was scammed by Raceoption, a binary option trading broker. Raceoption provides binary option trading at raceoption.com. I will describe below 3 main issues I had with Raceoption: they charged 18% of my deposit for the deposit, they save fake expiring prices to make you believe you lost the contracts even when you won them. RaceOption is a binary options broker established in 2017. They are a trading name for Financial Group Corp. However, RaceOption has not been the best broker, with a string of mixed reviews on their name. Raceoption have set themselves at the forefront of brokers with their 1-hour withdrawal service. Whereas most traders have to wait between 24-72 hours for their withdrawals to be available to them with Raceoption, the money is returned within an hour regardless of what type of account the trader is using. RaceOption Broker Review. RaceOption uses a unique Binary Options trading platform with a nice variety of assets available for trading. Traders can utilize Turbo option trading in one minute increments up to 30 minutes. Intraday options have expiry times at each hour, and long term options are have daily expiry time up to one month out.
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