Bonuses and Promotions at Race Options
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RaceOption’s welcome bonuses range between 20% and 100% depending on the size of the initial deposit. These bonuses are also associated with the account types described above.
As shown on the RaceOption website, these bonuses are subject to conditions of use. For instance, investors having benefitted from these generous bonuses must achieve a turnover of 300% of the deposited amount before being able to withdraw funds. Traders must ensure the terms suit their trading style and do not encourage them to over trade.
RaceOption also organizes weekly trading contests with prizes that could reach up to 20000$.
Deposit and Withdrawal:
Deposit:
RaceOption accepts deposits made through credit card (Visa, MasterCard and Maestro), Bitcoin and Litecoin, Altcoins, Neteller and Skrill. The funds deposited are usually available instantly. The minimum deposit amount is of 250£. This might seem like a lot, yet grants access to a Bronze trader account, associated with several advantages such as: a 24/7 live video chat, a demo account and a copy trading tool!
Withdrawal:
RaceOption provides several withdrawal options including:
Credit cards : Visa, MasterCard
Qiwi Wallet
Skrill
OkPay
Perfect Money
Neteller
Out of all of these methods, the use of Bitcoins is heavily recommended by the RaceOption team. Bitcoin withdrawals are very fast and not subject to any commission.
The minimum withdrawal amount is of 50$. Withdrawals are usually processed in less than an hour. However, RaceOption will first have to verify your identification. This is done to ensure a trustworthy trading environment.
For accounts that have not received any bonus, users can withdraw funds as soon as they have reached a 100% turnover of the deposited amount. In other words, traders will be able to withdraw their profits only after trading the totality of their deposits.
Investors that have benefitted from RaceOption’s generous bonus policy will be able to withdraw funds after having reached a 300% turnover of the deposited amount. The conditions of the RaceOption bonuses can be read on its website.
Data on RaceOption
Payout : Up to 90%
Min Trade : 1$
Min Deposit : 250£
Bonus : up to 100% deposit bonus
Has Forex : Yes
Has Demo : Yes, but as a feature of a paid account
Has Mobile App : Very good mobile website
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