How to buy and sell on Raceoption
Users can buy/sell on Raceoption after opening an account on its platform. Raceoption is a cutting-edge brokerage that sets itself apart from the competition with a cutting-edge system for online trading. Additionally, this service provides complete deposit bonuses and payouts of up to 90%. Also, novice and experienced traders should consider using Raceoption as a broker.
Regular investors can be freed from constant updates and downloads with a complete e-commerce entity. The Raceoption platform's mobile-friendly interface allows consumers to trade anytime, anywhere. Check out this guide to know how to trade on Raceoption, the trading instruments, features, cost, and much more about Raceoption.
Raceoption trading assets
Stocks
The company offers trading in over 75 global shares, including well-known U.S., U.K., India, Russia, and many more corporations such as Apple, BP, BAT, Tesla, etc., in addition to lower market cap global companies, including Tata Motors, Rio Tinto, and many more.
Currencies
The company provides many currency options, including USD, CAD, EUR, JPY, GBP, and many more. The platform offers the details of exchange rates, trading hours, expiry rules, and the Reuters code for each currency.
Commodities
Some commodities techniques are also available on the platform for speculating on raw resources. The soft commodities, energy, and precious metals sub-markets are all effectively represented. Customers may trade or exchange four futures and five spot items from this segment, with gold being available in contract form of futures. Besides, there is accessibility for energy, soft commodities, as well as silver, gold and coffee.
Indices
Raceoption succeeds in offering its consumers a wide variety of international indices, despite the shortcomings in other areas. Thirty-six index instruments are accessible, such as the FTSE 100 and 250 UK, the S&P 500 US, and additionally specialized instruments like Australia's ASX 200 and the Kuwait general index. FTSE 100, DAX 30, S&P 500 and are a few of the biggest markets in the globe that users can speculate on.
Best Binary Options StrategiesPlatform & Features
Raceoption was established in 2017 to offer consumers, investors and traders worldwide fixed-time binary choices and CFD speculative solutions. The broker is a Makerun Corporation subsidiary headquartered in the Marshall Islands and manages the IQCent network. On many markets, such as Forex, stocks, indices, and cryptocurrencies, Raceoption offers binary options and CFD trading. The main features of Raceoption's platform include the following:
Account funding;
CFD trading/ regular options;
Funds withdrawal;
Sixty seconds trading;
Trading history.
How much does it cost to trade on Raceoption?
The primary costs of trading, including spreads, swaps, and commissions on Raceoption, are as follows:
Opening and maintaining an account on Raceoption is free. Depending on the transaction cost, Raceoption charges a fee of 1-2.5% when dealing with unleveraged cryptocurrency CFD commodities.
A 5% commission is applied to leveraged cryptocurrency CFD positions. Spreads at Raceoptions float, and they begin at one pip.
The minimum value of spreads in Bronze, Silver, or Gold accounts is 10.00 USD. The average commission at Raceoption is 10.00 USD.
Besides, when a trading position is carried over to the swap (the following day), the firm assesses about a 0.07% commission fee of the position value.
How to start trading with Raceoption?
Among Raceoption's strongest brand attributes is, without a doubt, the business's cutting-edge trading platform. Users can learn How to sell on Raceoption or to start trading on Raceoption using the following steps:
Visit the official portal and go through the link https://raceoption.io/en/register.
A form will appear on this screen.
Open an account on Raceoption
Fill up the required details, including e-mail address, password, name, and contact number.
Select the currency from the dropdown list.
If users have a promo code, they must apply.
Tick the check box after going through the terms and conditions.
Tap on the "Next" tab and follow the instructions that appear on the next screen to begin trading.
How to trade binary options at Raceoption?
Trading binary options on the platform are the simplest form. Users can check the below-mentioned steps to learn about How to trade binary options on Raceoption:
Choose the desired asset from the dropdown menu on the platform.
Utilize the charts to compare current performances to previous data.
Assess market sentiments using the terminal's seller and buyer percentages.
Specify the trade amount and the preferred expiration period.
When you think the value will rise, tap on the Buy tab, and when you believe it will fall, tap on the Sell tab.
Get the payout as a proportion of the amount users invested on the platform.
Let's do an example of how to trade on Raceoption.
Visit Raceoption's website, go to the "How to start" web page, and tap on the "Open an account" tab.
An example of how to trade on Raceoption
Fill in the required details in the form and tap on the "Next" button.
An example of how to trade on Raceoption
Login to the account with the e-mail address and password.
An example of how to trade on Raceoption
Choose the currency choices you want.
An example of how to trade on Raceoption
Users may add CFD or an option as a different tab. Therefore, they may quickly access the most utilized tools.
An example of how to trade on Raceoption
Users may also trade in cents since this option enables you to create a trade with at least one cent. So, they may know more to trade with the least risk.
An example of how to trade on Raceoption
Tap on the "Call" (Up) or Put (Down). It would help if you then waited for the outcomes.
An example of how to trade on Raceoption
The bar displayed here shows the options most users are opting for. For example, if the green indicator is higher, most investors are opening Call trades. If red is more than most are currently opening Put trades.
An example of how to trade on Raceoption
After funding the trading account, users may initiate trading.
An example of how to trade on Raceoption
FAQs
Is there a demo account option available on Raceoption's platform?
Yes, Raceoption does offer a demo account.
How to buy on Raceoption?
Users must open an account on Raceoption's official portal, follow the steps, and begin buying.
Which trading instruments are available on Raceoption?
The available trading instruments on Raceoption are commodities, currencies, indices, and stocks.
Does Raceoption charges for maintaining an account on its platform?
No maintenance fee is required for an account on Raceoption's platform.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.