Videforex vs RaceOption
Videforex | RaceOption |
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3.4
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3.5
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Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills. |
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 | |
2
Based on 2 Videforex customer reviews
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4
Based on 1 RaceOption customer reviews
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Bonus Offer | |
20% to 200% Deposit Bonus | 20% - 200% Deposit Bonus |
Comment by Reviewer | |
"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts also remain higher than most alternatives climbing to 98%." | "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 | |
Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Binary Options, CFDs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $250 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0.01 | $0.01 |
Margin Trading | |
Yes | Yes |
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 | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Android | iOS & Android |
App Review | |
Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. |
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 | |
4.4 |
3.8 |
iOS App Rating | |
4.1 |
4 |
Auto Trading | |
Yes | |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount. | 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 | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
Yes | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades. | 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 | |
1:500 | 1:500 |
FTSE Spread | |
Floating from 0.2 | Floating |
GBPUSD Spread | |
Floating from 0.1 | Floating |
Oil Spread | |
Floating from 0.05 | Floating |
Stocks Spread | |
NA | Floating |
Forex Trading | |
Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout. | 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 | |
Floating from 0.1 pips | Floating |
EURUSD Spread | |
Floating from 0.1 pips | Floating |
EURGBP Spread | |
Floating from 0.1 pips | Floating |
Assets | |
35 | 25+ |
Cryptocurrency | |
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available. | 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 | |
Floating | 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 | |
Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus. | 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 | |
98% | 95% |
Expiry Times | |
5 seconds - 1 month | 5 seconds - 30 days |
Ladder Options | |
No | Yes |
Boundary Options | |
No | No |
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