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WINNER
RaceOption is the better broker
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Not Yet Rated
 Traders from US not accepted |
3.5
Traders from US accepted |
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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 |
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| Minimum Trade |
| 0.01 lots |
$1 |
| Regulator |
| ASIC |
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| 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 |
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Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard. |
| Social Trading |
| No |
No |
| Trade Signals |
| No |
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| 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 |
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| Stock Exchanges |
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| Commodities |
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| 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 |
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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 binary options on popular financial markets with payouts up to 90%. The broker also runs regular trading contests. |
| Payout |
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90% |
| Expiry Times |
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30 seconds - 1 month |
| Ladder Options |
| No |
Yes |
| Boundary Options |
| No |
No |
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| More Comparisons |
Mitrade
vs
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RaceOption
vs
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