Summary: RaceOption is the better pick
Only RaceOption accepts traders from United States, so it’s the one to pick here.
RaceOption
Accepts traders from United States
- Min deposit
- $200
- Max payout
- 95%
| RaceOption | Deriv | |
|---|---|---|
| Overview | ||
| Summary | 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: Access a limited range of CFD instruments in major markets, like indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customizable time intervals. Forex trading: RaceOption provides over 25 major and minor currency pairs on a simple, web-based platform, featuring 30+ indicators and built-in copy trading for a passive investment method. Crypto trading: RaceOption now offers 35 crypto binary assets paired with USDT, including Bitcoin, Doge, and Ethereum. During testing, crypto payouts were in line with platform and industry norms, reaching 87% at peak times, with less severe off-peak declines than competitors like CloseOption. | Founded in 1999, Deriv is an innovative broker with over 2.5 million clients worldwide. It offers CFDs, multipliers, and recently, accumulators. Its unique derived products allow flexible short-term trading options. Deriv.com provides high-quality binary options for both traditional and emerging financial markets, with payouts up to 50,000 USD. Binary options are available 24/7, year-round, along with continuous customer support and a highly efficient trading platform. CFD trading: Since expanding its CFDs in 2023, Deriv now allows trading on both rising and falling prices in numerous global markets. This includes exclusive synthetic indices that mimic real markets and operate 24/7 for more trading opportunities. Forex trading: Deriv now offers clients the ability to trade over 40 major, minor, and exotic currency pairs. EUR/USD spreads are competitive at 0.44 pips since being reduced in 2021. Forex CFDs are accessible through MT5 and multipliers on the user-friendly Deriv Trader. Crypto trading: Deriv.com offers over 30 crypto pairs, which is more than competitors like IQ Cent. It's one of the few binary providers offering different ways to trade cryptos, including leverage up to 1:2, increasing potential gains and losses. Deriv Trader features a smooth interface with clear charting tools for analyzing short-term crypto price changes. |
| Warning | We do not recommend trading with RaceOption due to a pattern of withdrawal issues and regulatory warnings. | – |
| Awards | – |
|
| Regulator | – | MFSA, LFSA, BVIFSC, VFSC, FSC |
| Instruments | Binary Options, CFDs | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Demo account | Yes | Yes |
| Minimum deposit | $200 | $5 |
| Minimum trade | $0.01 | 0.01 Lots |
| Max payout | 95% | 100% |
| Expiry times | 5 seconds - 30 days | 15 seconds - 365 days |
| Ladder options | Yes | Yes |
| Boundary options | No | Yes |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | Android, iOS (plus progressive web app) |
| Mobile trading | 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. | Deriv stands out for its simple app design, improved in 2025 with better position management and clearer contract details. It offers diverse trading options, including traditional markets and unique indices simulating real markets, available 24/7, even on weekends. The in-app chat support is fast and dependable, aiding new users effectively. These features helped Deriv win DayTrading.com's 'Best Trading App' award in 2025. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | Yes |
| cTrader | No | Yes |
| TradingView | Yes | Yes |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | – | Expert Advisors (EAs) on MetaTrader, DBots |
| Copy trading | Yes | No |
| Social trading | Yes | No |
| AI / machine learning | No | Yes |
| Robo advisor | No | No |
| Trade signals | – | Yes |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | American Express, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Neteller, Visa | Airtel, Airtm, AstroPay, Banxa, Bitcoin Payments, Boleto, Credit Card, Diners Club, FasaPay, JCB Card, JetonCash, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, PIX Payment, Przelewy24, Skrill, Sticpay, Trustly, Visa, Volet, WebMoney, Wire Transfer |
| Account currencies | USD, EUR, GBP, AUD, RUB | USD, EUR, GBP |
| 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 |
| Islamic account | No | Yes |
| Negative balance protection | No | Yes |
| Market maker | Yes | Yes |
| Margin trading | Yes | Yes |
| Tournaments | Yes | No |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | DAX GER 40 Index, FTSE UK Index | Australian Securities Exchange (ASX), CAC 40 Index France, DAX GER 40 Index, Dow Jones, Euronext, FTSE UK Index, Hang Seng, IBEX 35, Japan Exchange Group, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500, Shanghai Stock Exchange, Shenzhen Stock Exchange, SIX Swiss Exchange |
| Commodities | Silver, Gold, Coffee, Oil | Gold, Oil, Silver, Precious Metals, Copper, Lead, Cotton, Coffee, Natural Gas, Sugar, Cocoa, Nickel, Palladium, Platinum, Zinc |
| Spot trading | Yes | Yes |
| P2P trading | No | No |
| CFD trading | Yes | Yes |
| CFD leverage | 1:500 | 1:1000 (varies by region) |
| CFD FTSE spread | Variable | 1.28 |
| CFD GBPUSD spread | Variable | 1.4 |
| CFD oil spread | Variable | 0.02 |
| CFD stocks spread | Variable | 0.59 (Apple) |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | Variable | 1.4 |
| Forex EURUSD spread | Variable | 1.4 |
| Forex EURGBP spread | Variable | 1.0 |
| Forex assets | 25+ | 40+ |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | From 0.5 |
| Crypto coins | BTC | ADA, ALG, AVA, BAT, BCH, BNB, BTC, DOG, DOT, DSH, EOS, ETC, ETH, FIL, IOT, LNK, LTC, MKR, NEO, OMG, SOL, TRX, UNI, XLM, XMR, XRP, XTZ, ZEC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Visit | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is RaceOption or Deriv better?
We have rated Deriv (91%) higher than RaceOption (40%), but the overall rating can't be the only determining factor. For example, does Deriv accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if RaceOption or Deriv is best for you.
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