Alpari vs RaceOption
| Alpari | RaceOption |
|---|---|
3.8
|
3.5
|
|
Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders. |
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. |
| Customer Reviews | |
|
4
Based on 1 RaceOption customer reviews
|
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| Bonus Offer | |
| 30% up to $100 (terms apply) | 20% - 200% Deposit Bonus |
| Comment by Reviewer | |
| "Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors." | "RaceOption will appeal to traders new to binary options looking for copy trading, contests and 24/7 customer support. Experienced traders will also appreciate the account-based perks and bonuses." |
| Pros | |
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| Cons | |
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| Instruments | |
| Forex, CFDs, Stocks, Commodities, Indices, Crypto | Binary Options, CFDs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $250 |
| Trading Platforms | |
|
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $0.01 |
| Regulator | |
| FSC, SEBI, JFSA | |
| Margin Trading | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| Yes | 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 | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| App Review | |
Despite a couple of connection issues during testing, the RaceOption mobile trading solution overwhelmingly delivers. All the settings you need to amend binary parameters are available around the chart and it’s as simple as clicking the ‘Up’ and ‘Down’ buttons to confirm a trade. Clicking ‘My Trades’ in the bottom left of the mobile interface also makes monitoring multiple trades a hassle-free exercise. |
|
| Android App Rating | |
3.6 |
3.8 |
| iOS App Rating | |
3.6 |
4 |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals. | Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard. You can start copy trading in three fast steps and follow multiple traders simultaneously. |
| Social Trading | |
| No | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $5 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service. | 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. |
| Leverage | |
| 1:1000 | 1:500 |
| FTSE Spread | |
| 13 | Floating |
| GBPUSD Spread | |
| 0.7 | Floating |
| Oil Spread | |
| 4.0 | Floating |
| Stocks Spread | |
| 2.0 | Floating |
| Forex Trading | |
| Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available. | Trade 25+ major and minor currency pairs with access to over 30 technical indicators in the broker's proprietary terminal. You can also follow and replicate other forex trades using the integrated copy trader. |
| GBPUSD Spread | |
| 0.7 | Floating |
| EURUSD Spread | |
| 0.4 | Floating |
| EURGBP Spread | |
| 0.6 | Floating |
| Assets | |
| 50+ | 25+ |
| Currency Indices | |
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| Cryptocurrency | |
| Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends. | 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. |
| Spread | |
| 1 | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Binary options trading not offered | 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. |
| Payout | |
| 80% | 95% |
| Expiry Times | |
| 30 seconds - 4 hours | 5 seconds - 30 days |
| Ladder Options | |
| No | Yes |
| Boundary Options | |
| No | No |
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Alpari vs |
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