Raceoption Broker Introduction
Raceoption is one of the newest major binary options brokers to come on the scene. But they have done so in a unique manner not seen before. This brokerage was actually launched by the same parent company that is responsible for two of the most popular and widely respected binary options brokers operating in the industry. And that would be: Traderush (Now TRBinaryOptions). Traderush was the broker who first “invented” 60-second binary options trading (Source: USBinaryOptionsInfo.com), which has become insanely popular these days. The company has a long-established history of innovation and excellence in service. The binary options trading community is a very close-knit one, and both positive and negative word of mouth reviews on brokers in the industry have a large impact on their popularity and market share.
With all that being the case, Raceoption was able to start out with a market advantage that most brokers can only dream of having, even after years of operation! An enviable position to be in for sure. But none of this guarantees that Raceoption is actually a great broker that can compete with other top brokers in the industry. These facts certainly help their case, and do suggest that we’re dealing with a solidly competitive broker, however. But now that we’ve signed up for our trading account we can take a closer look at exactly what they have to offer.
Raceoption Review – Trading Platform And Service
At the beginning of this article we mentioned that Raceoption had entered onto the scene in a unique and important manner. The current regulatory mess that exists in the US regarding binary options trading and brokers means that when 24Option and Traderush received their licensing from the CySEC they were forced to drop US clients from their roster. So what did they do? They designed, implemented and launched Raceoption, a binary options broker made “specifically for English-speaking markets, and the US market in particular”. This is definitely a nice change from the recent trend of brokers leaving the US market, not entering it. So not only does Raceoption happily welcome US traders to their platform, they actually built the platform around the idea of serving you! (US traders).
Okay so we know that Raceoption accepts US traders, and was in fact made especially for them. We also know that the brand comes from a company that seriously knows what they are doing, with two successful binary options brands already under their belt. But have they created a third successful binary options brand? Or will this third attempt be the one to strike out? After all, if they serve the US market, but do it poorly then we really have no interest in them anyway now do we? No.
Raceoption has a solid selection of contract types, including: Short-Term options, One-Touch, and Boundary. They also have High Yield touch and Boundary to go along with standard Touch/No Touch options. You can manage open positions with features such as Roll Over, Double Up and Sell Early. They also have a helpful underlying asset filter system that allows traders to precisely arrange what the trading platform shows, reducing clutter and minimizing the potential for mistakes.
Trading is available in over 150 underlying assets including forex options, popular global indices, commodities, popular global stocks, and even some pair options. Returns are as high as 85% on standard high/low, with rebates up to 15% on OTM trades. Payouts can reach as high as 500%+ on the weekly high-yield one-touch and boundary options, with no OTM refunds offered. Overall this is a great broker for anyone in an English-speaking market, or indeed globally (they do support several other widely spoken languages). And we think that they are among the very best choices for US-based binary options trading enthusiasts. They even offer a free demo account upon request so what are you waiting for? Check them out today and start profiting tomorrow!