Is raceoption a good broker?

Raceoption ranks 7 among 21 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account. Raceoption is a broker for beginners and experienced traders who trade Forex assets, stocks, indices, and binary options.

Is raceoption a regulated broker?

Raceoption is not a regulated broker and is not overseen by any major financial authority recognized by the United States. This is part of the reason why you cannot open a Raceoption account as a U.S. resident.

Is raceoption a legit binary trading platform?

Raceoption is a legit binary trading platform that currently processes more than 150,000 orders daily. However, it is not a regulated broker, and its accounts should not be considered to be a replacement for long-term retirement investment accounts like a 401 (k) account.