www.raceoption.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.raceoption.com.
I experienced a security concern with my www.raceoption.com account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Fast support response|Tax reports included
Cons: Inactivity fee applies after 12 months
www.raceoption.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Tax reports included|Wide product range
Cons: Spreads widen during volatile periods|Account statements could be more detailed