Mitrade vs RaceOption

Mitrade vs RaceOption Comparison Table 2023
Mitrade RaceOption
WINNER
RaceOption is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
3.5
United States Flag Traders from US accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients. RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
Bonus
$50 welcome bonus Trading contests & prize giveaways
Instruments
Stocks, CFD, Forex, Crypto Binary Options, CFDs
Demo Account
Yes Yes
Minimum Deposit
$0 $250
Payment Methods
Minimum Trade
0.01 lots $1
Regulator
ASIC
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
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No Yes
Copy Trading Platform
Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard.
Social Trading
No No
Trade Signals
No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • RUB
Stock Exchanges
Commodities
CFD Trading
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices. Go long and short on popular financial markets via the RaceOption platform
Leverage
1:30 Retail, 1:250 Professional 1:100
FTSE Spread
3 Floating
GBPUSD Spread<
1.5 Floating
Oil Spread
0.05 Floating
Stocks Spread
Variable Floating
Forex Trading
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform. Trade major and minor currency pairs with competitive leverage rates
GBPUSD Spread
1.5 Floating
EURUSD Spread
1 Floating
EURGBP Spread
1.2 Floating
Assets
60 25+
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar. Trade Bitcoin against the USD and CNY
Spread
Variable Floating
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • BTC
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 binary options on popular financial markets with payouts up to 90%. The broker also runs regular trading contests.
Payout
90%
Expiry Times
30 seconds - 1 month
Ladder Options
No Yes
Boundary Options
No No
More Comparisons
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