Binomo vs RaceOption

Compare Binomo and RaceOption in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Binomo vs RaceOption Comparison Table 2024
Feature Binomo RaceOption
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3.4
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United States NOT accepted
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3.5
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Summary

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.

Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.

Crypto Trading
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.

RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses.

CFD Trading
Access a modest range of CFD instruments across key markets, including indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customisable time intervals.

Forex Trading
RaceOption offers 25+ major and minor currency pairs on a no-frills, web-accessible platform with 30+ indicators and built-in copy trading opportunities for a hands-off investment approach.

Crypto Trading
Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY.

Bonus None 20% - 200% Deposit Bonus
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
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • Visa
Mobile Apps iOS and Android iOS & Android
Auto Trading BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading No 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 No
P2P Trading No No
Spot Trading No Yes
Trade Signals Yes
VPS Hosting No No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR USD, EUR, GBP, AUD, RUB
Stock Exchanges
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
  • DAX GER 40 Index
  • FTSE UK Index
Commodities
  • Gold
  • Oil
  • Silver
  • Silver
  • Gold
  • Coffee
  • Oil
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
  • ADA
  • BCH
  • BTC
  • LTC
  • BTC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.5
United States Flag
United States accepted
» Visit

FAQ

Is Binomo or RaceOption better?

We have rated RaceOption (70%) higher than Binomo (67%), but the overall rating can't be the only determining factor. For example, does Binomo 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 Binomo or RaceOption is best for you.