RaceOption Binary Trading Platform в India

We provide online trading from an offshore jurisdiction. With our platform, access to more than 100 assets is open: forex, stocks, crypto, commodities, and indices. India-based users may be able to sign up, but Indian law explicitly prohibits binary options trading for residents. There are local restrictions, and SEBI and FEMA rules apply. The risks are real.

The RaceOption brand’s exact launch date remains unclear, and the available reports do not fully agree on it. Ownership shifted after launch. The platform was previously operated under Day Dream Instruments Ltd, registered in the Marshall Islands at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. RaceOption is not approved by SEBI, FCA, or ASIC and remains unregulated. RaceOption is an unregulated binary option broker with warnings issued by regulatory authorities in Europe, but clarification for RaceOption specifically is needed. We stay transparent here.

Getting Started - Account Creation

To register, you’ll give us your email, set a password, provide your phone number with +91, and agree to our terms. That gets you straight into a demo, zero extra steps. The actual trading dashboard is open to click around at once.

Quick tip: If you are new to online trading, consider exploring the demo account mode to get familiar with the platform features before investing real funds.

For full access, we’ll ask for your real name (as on ID), birth date, Indian address, state, and postal code. Trading itself can start even if you delay on these fields, but as soon as you want money out, verification pops up.

For KYC we accept: Aadhaar, PAN, passport, or driving license. Utility bills, bank statements, or official letters work as address proof (nothing older than 3 months). Sometimes, for good measure, a selfie with your ID is also needed.

Verifying the account usually takes from one up to three days. Once approved, a message shows inside your dashboard, and you’re set for withdrawals. Not approved? Updated papers go right back in, same page.

We recommend turning on two-factor security via an authenticator app. You’ll find it under security settings, where password management and login history also sit.

Platform Interface and Experience

RaceOption runs fully in-browser. No downloads or installations. The platform is described as running in browser with web-based trading tools. On the dashboard, assets line the left. Charts command the centre. Controls - invest, expiry, and Call/Put - live on the right. Your balance sits neatly up top.

Assets expand with live prices, payouts, and categories. Search by symbol or name is instant. Any instrument? Click to pull up its chart and controls.

Charts can be shown as ticks or candles, and may use TradingView tools. Timescales from one minute to daily. Technical tools? Think MACD, RSI, Bollinger Bands - all added through the chart bar.

Trading controls:

• Enter your amount, starting from $0.01
• Pick expiry: from 5 seconds up to 30 days
• Decide direction: Call (up) or Put (down)
• Payout % shows before you commit

Live price updates above button for context. Open trades show just below, and once complete, land in trading history.

RaceOption’s accounts start at Bronze and scale up to VIP. Benefits improve at each step. Here’s a quick rundown:

Cumulative deposits unlock new tiers, and tier drops do not happen from trading losses alone.

Three risk-free trades are included with Silver. Gold/VIP get personal managers for direct assistance. Risk-free means first three trades after upgrade: lose, and you’re refunded.

How Funding Works for Indians

Cards process instantly via secure gateways. Indian bank cards often work, though not every bank greenlights offshore payments. Crypto deposits are accepted (Bitcoin, Ethereum, Litecoin, and others). After generating a wallet address, transfer funds and wait for confirmations, which may take 15 min or a few hours. Maestro cards are also accepted for certain regions, and cryptocurrency support including Bitcoin has been available since 2019.

We also process Neteller, Skrill, and Perfect Money. These redirect for login, and funds show up right after confirmation. Minimums are ₹1,000 for most, but your very first deposit must hit ₹20,000 to turn on Bronze perks. USD conversion is automatic and at live rates.

We don’t add charges to deposits but payment processors or banks might. Card charges hover at 2-5%. Crypto pays whatever the blockchain fees are. E-wallets charge by their own rates.

Withdrawing Funds

Withdrawals are made from the dashboard. Funds have to leave the same way they came in - that’s our anti-money laundering line. So, no sending to new or third-party accounts.

Withdrawal requests only process once your verification checks out. Unverified? We’ll put that on hold and flag what’s missing.

The minimum withdrawal is ₹4,000. Also, if you used a bonus, you’ll need to complete the required turnover: 300% of the deposit (or 100% if bonus declined). Say you deposit ₹20,000 with a bonus - ₹60,000 total volume is needed before withdrawal. Declining a bonus drops that to ₹20,000.

Most withdrawals process in one hour. Cards might take several days - that’s their rule, not ours. Crypto turns around anywhere from 2 up to 24 hours. Weekends work slower, so next business day is more realistic then.

If trade volume isn’t met, we may apply a 20% withdrawal fee. But those who meet turnover avoid platform fees. External processors can still take their usual share.

Binary Trading - Main Steps

Pick an asset. Enter your amount, select expiry - 30 seconds up to 30 days is all there. Analyse the chart data, press Call if predicting a rise, Put if expecting a fall.

RaceOption offers binary options trading with payouts up to 98%. Typical payouts: 70%-98%, determined by market action and expiry. For example, an 85% payout on ₹1,000 returns ₹1,850 on a win.

After selecting, confirmation appears right away. The trade moves to your active positions list until expiry. When the clock runs out, final price is compared to opening figure. Matches refund the investment if no difference; the rest - either win or lose.

Flexible expiries and payouts, but always know the risks.

Copy Trading - How It Rolls

Looking to mirror successful traders? That’s possible at RaceOption. Top traders are on our leaderboard, ranked by their profits, win rate, and more.

Each trader profile details profit curves, investment style, average trade size, and their asset focus. Choose to copy, adjust the relative balance to allocate, set min/max size per trade. Typical copy range: ₹80 to ₹4,000.

When your chosen trader opens a position, same happens on your account - but with your configured amount. The platform charges 1-2.5% commission on profits only, not on losses.

It’s possible to copy several traders at different settings. Simple to stop at any time.

Customer Support

RaceOption’s customer support phone numbers include USA: +18299476393, UK: +442080685335, Hong Kong: 3-395-0396, Thailand: 081-855-7055, Russia: +7-499-7033774. Support is available around the clock for account and trading queries.

Mobile Access and Features

Android users need to grab the APK file from us directly, since Play Store restrictions block binary trading apps. Allow “unknown sources” in your device, tap the file, install. Requires a couple of minutes, nothing major.

On iOS, things are less predictable - some regions offer in App Store, others don’t. Otherwise, your mobile browser loads a responsive version, with all core controls in reach.

The mobile layout stacks assets, charts, trade controls vertically - simple, touch-ready. Swipes move between key sections. Notifications can pop for trade outcomes and account activity (enable these in settings).

Trade just as you would on desktop, with numeric input, scroll expiry, and bold buttons for direction. Demo and real accounts toggle the same way.

Regular Contests

Every week, we run trading contests. You’re enrolled automatically. Contests start Sunday night GMT and close the following Sunday - live leaderboard the whole way. Points are earned based on the number of eligible trades (minimum ₹800 each). The more you trade, the higher you climb. CFD trading doesn’t count, strictly binaries for the contest. Prizes are split - top four get the largest share, everyone down to 40th earns lesser rewards and bonuses. Cash winnings move straight to your main balance, after verifying your balance remains above your first minimum deposit. If your bonuses add up to more than 150% of total deposits, you can’t claim contest cash prizes.

Demo Accounts

Every new user gets a demo, loaded with $10,000 of practice funds. No need to request access. You can toggle between real and demo with one click, practising on real market data and familiar execution. You can’t withdraw, join contests, or allow others to copy demo trades, but the experience is real enough. Demo balance recharges to $10,000 whenever it’s used up. Execution may sometimes lag during big market moves, and demo mode doesn’t bring the same emotional pressure as risking real funds.

Legal Standing and Risks

RaceOption isn’t regulated by SEBI. Officially, binary options aren’t allowed on SEBI markets, so Indian brokers are not permitted to offer them. RBI also warns against transferring rupees to offshore trading sites without approval - that’s a potential FEMA breach, with possible hefty penalties (up to triple the amount). Tax? India taxes global income, so trading profits count. You must track trades, deposits, withdrawals, and profits yourself as we do not supply Indian tax forms. Warnings from international regulators remain in place: CMVM, CNMV, AMF, FMSA, CONSOB, FMA NZ, CFTC US - all have said we aren’t licensed in their regions. Indian users cannot file complaints with SEBI or expect official investor compensation. Disputes go under Seychelles law and private arbitration by our rules.

Support at RaceOption

Our support team works around the clock on live chat, bottom corner of your dashboard. They cover everything: tech issues, verification help, platform know-how. Replies range from instant to about 5 minutes if it’s busy. No Indian phone line yet - you’d dial our US or UK numbers. Email support opens tickets for less urgent concerns, with answers typically inside 1 business day. Tiered support applies: higher accounts get priority, Gold and VIP connect straight to their assigned managers. Sometimes, on tricky legal or regulation questions, we’ll refer to published terms or give general answers.

Security Approach

All personal and transaction data is shielded with SSL. We show a padlock in the browser for transparency. Enable two-factor login using an app like Google Authenticator. Passwords must be strong, including upper and lower letters, numbers, and specials. We suggest making updates every 90 days for safety. Session management and browser login details can be checked anytime from your profile.