Binomo vs RaceOption
Compare Binomo and RaceOption in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | Binomo | RaceOption |
|---|---|---|
 United States NOT accepted |
United States accepted |
|
| Summary | Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex Trading Crypto Trading |
RaceOption, a binary options broker based in the Marshall Islands, claims to provide fast funding, low fees, and a secure trading environment. However, our investigation suggests these claims may not be accurate. The platform offers access to over 100 binary options and CFDs, along with copy trading and weekly prizes. RaceOption provides over 100 binary options with payouts up to 95% and expirations as quick as 5 seconds. A minimum deposit of $200 allows clients to benefit from free deposits and fast withdrawals. CFD Trading Forex Trading Crypto Trading |
| Warning | We do not recommend trading with RaceOption due to a pattern of withdrawal issues and regulatory warnings. | |
| Instruments | Fixed Time Trades | Binary Options, CFDs |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $250 |
| Minimum Trade | $1 | $0.01 |
| Expiry Times | 1 minute - 60 minutes | 5 seconds - 30 days |
| Ladder Binary Options | No | Yes |
| Boundary Binary Options | Yes | No |
| Payment Methods |
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| Mobile Apps | iOS & Android (plus APK) | iOS & Android via mobile web trader |
| Mobile Trading | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. | Despite some connection issues during testing, the RaceOption mobile trading app performs well. You can easily adjust binary settings around the chart and confirm trades by clicking the ‘Up’ and ‘Down’ buttons. The ‘My Trades’ feature in the bottom left of the interface makes it easy to monitor multiple trades. |
| Copy Trading | Yes | Yes |
| Social Trading | No | Yes |
| Margin Trading | No | Yes |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| TradingView | No | Yes |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| STP Account | No | No |
| ECN Account | No | No |
| DMA Account | No | No |
| MAM Account | No | No |
| PAMM Account | No | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | No | No |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | No | Yes |
| Trade Signals | Yes | |
| VPS Hosting | No | No |
| Tournaments | Yes | Yes |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Islamic Account | No | No |
| Account Currencies | USD, EUR | USD, EUR, GBP, AUD, RUB |
| Stock Exchanges |
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| Commodities |
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| CFD Trading | No | Yes |
| CFD Leverage | 1:500 | |
| CFD FTSE Spread | Variable | |
| CFD GBPUSD Spread | Variable | |
| CFD Oil Spread | Variable | |
| CFD Stocks Spread | Variable | |
| Forex Trading | Yes | Yes |
| Forex GBPUSD Spread | Variable | |
| Forex EURUSD Spread | Variable | |
| Forex EURGBP Spread | Variable | |
| Forex Assets | 19 | 25+ |
| Crypto Trading | Yes | Yes |
| Crypto Spread | Variable | |
| Crypto Coins |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Crypto Auto Market Maker | No | No |
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United States NOT accepted |
United States accepted |