Raceoption mobile app: main features and functionality
Mobile applications are considered convenient and easy. Since they took over the field of personal finance, more and more people are turning into investors. Apps make it possible always to stay connected to trading markets and never miss a trade opportunity.
Raceoption mobile application is a handy option for android and iOS users where traders can efficiently perform all trading activities. But, is this Raceoption mobile application worth investing the time, effort and money?
This article reviews the Raceoption mobile app’s features, advantages, and limitations to give reader a clear picture of the application.
Here’s a quick comparison between Raceoption mobile app vs. other prevailing trading applications.
| Parameters | IQcent | VideForex | Raceoption |
|---|---|---|---|
Mobile App Rating |
3.7/5 |
3.5/5 |
3.5/5 |
User Friendliness |
Moderate |
High |
High |
Apple Supportive |
Yes |
Yes |
Yes |
Live Chat |
Yes |
Yes |
Yes |
Telephone |
Yes |
Yes |
Yes |
Yes |
No |
Yes |
How to download and set up Raceoption app?
Installing and setting up the Raceoption app on smartphones or tablets is similar to installing and setting up other apps.
Users can download it from Google Play or App Store.
Once users have downloaded the app on their smartphones or tablets, they have to follow simple steps to register an account with Raceoption.
If the user is an existing trader at Raceoption, they can simply log in and are good to go.
Main features of the Raceoption mobile App
Here are the main features of the Raceoption mobile app that make it a worthy consideration for new-gen traders.
Users can trade on the app, similar to how they trade CFD/options on Raceoption's trading platform.
Unlike other mobile trading applications that are not as quick as regular trading platforms, the Raceoption app is fast and completes the trade within 60 seconds.
Users can easily fund or withdraw from the mobile app itself.
Users can watch their trading history on the mobile app, which is a big boon in the trading world.
Additional features of the Raceoption mobile App
Because traders are always looking for more, here are some more features that users get from Raceoption mobile application.
Raceoption mobile app is easy to use. It uses Centobot for application integration which is rendered the most user-friendly Autobot in the field.
The app's notification feature is a winning stroke in the trade game. Raceoption app makes it sure that you stay updated, always.
Users have access to charts and analytics to make informed decisions.
Main advantages and disadvantages of Raceoption mobile app
Every platform has its benefits and limitations. While one may outweigh the other, the individual must decide which use or limitation affects them and which does not. Here is a quick look at Raceoption mobile applications' advantages and disadvantages.
👍 Advantages:
• Easy to use.
• User-friendly integration.
•Quick at trading, so users take advantage of every trade opportunity.
•Notification alerts to keep users updated.
• Users can bring in funds and withdraw them from the app.
• It shows trading history.
•Charts and analytics.
👎 Disadvantages:
• Traders who have never used mobile trading apps before may find it hard, in the beginning, to transition from desktop terminals to working on a much smaller screen.
•Mobile connectivity issues may affect the working of mobile apps in places with no connectivity.
FAQs
Is it safe to use mobile apps for trading?
Yes. Raceoption mobile app is built with security and safety in mind. Encrypted firewalls secure trading transactions and also protect users' financial details. Users get even more protection from the mobile platform than from the desktop platform as they get the added benefit of Touch ID, among other security checks that are more readily available on tablets and smartphones.
Can I trade in crypto from mobile apps?
Yes. Raceoption mobile app is one the few mobile trading applications that allow users to trade in Forex, options, cryptocurrencies, commodities, and almost all other markets.
Can I invest in copy trading through the mobile app?
Yes, users can copy trades from the Raceoption mobile app, similar to how they copy trades on the desktop platform. Copy trading is one of the main benefits that users get when trading through the Raceoption portal, and Raceoption's mobile platform creates no hindrances.
How can I withdraw money from the mobile trading app?
Withdrawal is simple. Users can withdraw their money from their personal account, which they will find under the account funding section. The minimum withdrawal amount at Raceoption is $50, and the maximum waiting time is one hour, depending on the mode of withdrawal the user chooses.
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.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.