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. Although CFD are a relatively new way to trade within the stock market and other financial markets, it is a rapidly growing area of the investment markets. Seasoned traders are dabbling with this technique and it has opened the door for many novice traders to invest in the markets. However, it is essential to understand the processes and risks associated with this type of trading. 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. 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.
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