• RaceOption

RaceOption

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Overview

RaceOption has a rating of 1.16 stars from 25 reviews, indicating that most customers are generally dissatisfied with their purchases. RaceOption ranks 66th among Brokerage sites.

  • Service
    18
  • Value
    18
  • Quality
    18
Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
12
22
See all photos
How would you rate RaceOption?
Top Positive Review

“Lovely”

Derick B.
11/29/22

Hello, guys! I want to thanks this amazing platform and leave my review! The most fastest withdrawals, very helpful support, always good bonuses, contests... i really enjoy it! I want to recommend this platform for all who want to make profit!

Top Critical Review

“This is a SCAM.”

Yurie A.
8/19/23

I've attempted multiple withdrawals, but it never succeeded. They consistently provided excuses, making it impossible for me to withdraw funds. Recently, they've even begun to disregard my withdrawal requests altogether. They abruptly canceled one request, citing a lack of confirmation from my end, despite my immediate response upon receiving their confirmation emails. My advice is not to invest any more money, as you're unlikely to ever recover your funds.

Reviews (25)

Rating

Timeframe

Other

Thumbnail of user yuriea1
1 review
3 helpful votes
August 19th, 2023

I've attempted multiple withdrawals, but it never succeeded. They consistently provided excuses, making it impossible for me to withdraw funds. Recently, they've even begun to disregard my withdrawal requests altogether. They abruptly canceled one request, citing a lack of confirmation from my end, despite my immediate response upon receiving their confirmation emails. My advice is not to invest any more money, as you're unlikely to ever recover your funds.

Service
Value
Quality
Thumbnail of user terrencew63
0 reviews
5 helpful votes
January 2nd, 2022

I invested a lot of money over 20k and they will not let you withdraw. They are a total scam I still have a withdraw pending over two months ago they call you with lies trying to get you to take a bonus so you can't with draw. Please dont get trapped off! As you can see they except your deposit with no problem and thats not half of what I deposited. You have be warn! And please make sure you let everyone else know too.

Tip for consumers:
If you want to invest anyway invest very little because they may let you withdraw a couple hundred but thats just to hook you be careful but I say dont give your money away to scammers!!!

Products used:
Raceoption binary trading platform

Service
Value
Quality
Thumbnail of user derekr392
1 review
0 helpful votes
December 30th, 2023

Raceoption is a complete scam. DO NOT USE! They are very quick to collect your deposit, but after you make some profit and decide to withdraw your funds, they will block your account and claim to have detected suspicious activity on your account. I was once a victim of their scam, but thank God they couldn't get away with my profits, with the help of megcodyrecuperatee. Com ( a recovery agency) I was able to get all my deposit and profits from this scam company called Raceoption.

Tip for consumers:
Raceoption is a complete scam. DO NOT USE!!!

Thumbnail of user balic2
1 review
2 helpful votes
January 31st, 2024

Only gullible people "invest" money with dodgy websites with no known business, no reputation etc. No address also a very bad trust index, many bad reviews on the Internet, domain is less than 6 months old, the owner of the domain name is hidden, it's a short life expectancy domain. All thanks to fus.ion.forensicstech
They help me recoup my funds...

Tip for consumers:
fusionforensicstech helps me

Service
Value
Quality
Thumbnail of user yonih8
1 review
4 helpful votes
October 6th, 2022

I deposited the minimum and took no bonuses. I didn't want to get trapped into doubling the earnings. I decided it was not for me so I requested my funds...
Nope, my first 2 requests rejected. Then on my 3rd attempt they called me to try to persuade me to leave my money. Now, my request is just pending. Everyone should file a consumer complaint with the Feds.

Thumbnail of user muricg
5 reviews
10 helpful votes
February 8th, 2024

Please,don't make the same mistake as me like.They are scam and fraudulent all your savings is not safe with them.I lost $11,000 to them with them.
After the scam from them, I was able to recover all my funds back with the help of Alphaq uest company.
You can also leave them a message, Alphaq uest is the best solution recovery company to get your lost funds.Ypu can send the a complain here—-ALPHAQ UEST…tech….

Thumbnail of user raineyc
2 reviews
0 helpful votes
January 9th, 2024

The process was so fast that i didn't notice it was a scam. I was rushed into making series of payment but when my scheduled payout was due, my account manager disappeared and stopped responding to my messages. I contacted support but they required further payments to authorise withdrawal. Thankfully my daughter suggested a company with trained private investigators and data analytics which were able to track the payments i made and get my money back. Do not hesitate to contact them with the details below if you are having similar problem.

Company Name: Affinity Intell
Email: *******@affinityintell.com

Service
Value
Quality
Thumbnail of user javiond
1 review
2 helpful votes
March 3rd, 2022

Whatever you do do not use this broker. I had been trying to withdraw my funds for days and they would never process my withdrawal. I had call, and been emailing them in regards to my withdrawal and they kept giving me some bull$#*! run around. Finally I receive an email from them saying they had to close my account because of suspicious activity. They just did this to take my money. My account been opened for months and I didn't actually use this broker to trade until a week before posting this. I went and saw a lot of people have experienced this same issue. I will only use pocket option from now on they are the only reliable broker I have used. Attached are photos that it shows how they kept rejecting my withdrawal request and I'm still waiting on my initial deposit that they claim they are sending back

Service
Value
Quality
Thumbnail of user maliks77
1 review
0 helpful votes
February 1st, 2024

A $#*!ing Scam & Needs to Be Banned Entirely! Do not use this broker they will take from you! Stay away!

Products used:
It’s offshore trading broker that scam people out of their profits

Service
Value
Quality
Thumbnail of user andrejaz1
1 review
0 helpful votes
January 21st, 2024

It is a scam. They dont allow you to withdraw any of your money and customer support is usefull. Stay as far away as possible

Thumbnail of user derickbrixx
1 review
4 helpful votes
November 29th, 2022

Hello, guys! I want to thanks this amazing platform and leave my review! The most fastest withdrawals, very helpful support, always good bonuses, contests... i really enjoy it! I want to recommend this platform for all who want to make profit!

Service
Value
Quality
Thumbnail of user najie1
1 review
0 helpful votes
March 10th, 2024

They only give excuses and never give your money back. You can put pressure on them to give money and they will only give you more excuses. All lies. Biggest disappointment and I'm lucky it wasn't thousands of dollars. I know better now! Unregulated brokers are a rip off and buyer beware. Kept asking me to prove who I was and then they closed my account after I did. Con artist.

Tip for consumers:
This was the worst experience but I’m glad I have some place to review and expose this scam company.

Products used:
Day trading Forex

Service
Value
Quality
Thumbnail of user juliep1737
1 review
0 helpful votes
February 17th, 2024

They never let you withdrawal your money and my funds only keep getting lower over the one year of attempting to withdrawal. They just keep giving excuses of why I can't withdrawal at the moment.

Service
Value
Quality
Thumbnail of user yahia1.ahmad1
1 review
0 helpful votes
July 21st, 2023

This company fake and not give you any money when you win
After i requst withdrawal no one answer me I send more than 20 emails without answer I chat with him only told you wait only

Service
Value
Quality
Thumbnail of user annew844
1 review
0 helpful votes
October 25th, 2023

I put in just under $1,600 and they matched me at 110%. I have over $2,200 left and they are saying I have a $0 balance. I should be able to get back $500 give out take a little bit but they are keeping my money. When I first opened an account I used their savings plan with my money and they would only allow what I physically put in and out was locked up for a month. They didn't give me any of the interest I was supposed to earn. This site is a scam. When you follow traders it doesn't let you follow until they are halfway done, even when you start it right after them, so your option trading starts at a different point then the person you are following so most of the time you lose.

Products used:
Options trading

Service
Value
Quality
Thumbnail of user thomasg2037
1 review
1 helpful vote
December 18th, 2022
Verified purchase

Hello,

I have been waiting for 6 months for withdrawal & nothing. Stacey O & Pablo are fakes. RUN!

Tip for consumers:
Don’t use RaceOption. They don’t pay you.

Products used:
They have not sent my withdrawal after 6 months.

Service
Value
Quality
Thumbnail of user olegk112
1 review
2 helpful votes
December 2nd, 2022

I have never had any problems with raceoption, withdrawals are no problem and they always update you before the time if there is going to be maintenance of any sort. And the trading features to use are plenty. I have been with so many different platforms since I started trading and raceoption is the best for now

Service
Value
Quality
Thumbnail of user cedrics68
1 review
0 helpful votes
December 4th, 2023

This Broker Is The Example Of A Scam Broker. Also They Are Videforex Partner Is Well, Yes They Will Allow You To Deposit All Day Long, But That's Absolutely It. Their Platform Is Manipulated To Where You Can Be Winning A Trade For The Entire Expiry Time And All Of Sudden A Huge Long Line Takes Out Your Trade In The Last 10 Seconds (See Picture Below). If You Are Able To Call Some Some Good Trades And Start Building The Account Now They Will Manipulate Your Strike Rate 40 to 50 Points Above Or Below Where You Wanted To Enter, There's So Much I Can't Cover It All. TRUST ME JUST STAY AWAY SAVE YOUR MONEY AND WAIT UNTIL A LEGITIMATE BINARY OPTION BROKER ARRIVES SOON. POCKETOPTION IS OK

Thumbnail of user carlosp580
1 review
3 helpful votes
July 29th, 2022
Verified purchase

Where do I start! THIS IS THE WORST BROKER YOY CAN USE! They lie and scam you for your money, I deposited $2000 and ran my account up to 34k and tried to withdraw 10m and they told me they can only give me what I deposit 1200 ( mind you u deposit 2k) but they told me my deposit was 1200! DO NOT USE THIS BROKER THEY WILL ROB YOU! 10k is still pending AND THEY STOP REPLYING SO $#*! THEM

Tip for consumers:
DONT USE THIS BROKER

Service
Value
Quality
Thumbnail of user alysab4
1 review
2 helpful votes
February 23rd, 2022

My mom and I both used this broker. I experienced a lot of trouble withdrawing and communicating with support, especially after I used my referral link.
My mom did very well on her account for a week then all of a sudden things took a turn. She was using my laptop to trade because it has a bigger screen and when she went to withdraw they denied her for suspicious account activity. She needed to confirm identity and call, from that moment forward, basically every trade she took lost. Complete broker manipulation and spike outs. She had grown her account to $9,000 then straight downhill.

I'd research other brokers and find a better option.

Tip for consumers:
Don't accept bonus or use referral link. Only withdraw 5% or less at a time

Products used:
Broker service

Service
Value
Quality
Thumbnail of user ts785
1 review
0 helpful votes
July 21st, 2022
Verified purchase

I will like to share I never like to write about bad about any company or organization but I just feel I have to speak my truth about this particular company. I have been investing with this broker for sometime now and there has been issues. I do know there's rules when it come to withdrawing funds and I have turned over my account several times in order to withdrawal and there's just always an issue. Recently, I put a request in to withdrawal only $2100 and asked them first by email can I withdrawal this amount and they said yes so I see it as no limit. I put this request in 06/28/2022 and didn't receive a call until 07/13 from "success manager" who verified my information and told me I will receive my payment 07/15/2022 and never received anything. I had reached out to follow up to see what was the issue and why didn't I receive my payment and wasn't get any responses. The "success manager" said I was in line and that payment should be executed and fast forward today is now 07/21/2022 and I still have not received my payment from this broker. I am a consistent investor and will like to get help on this matter. I have emailed this company several times and also called them too nothing has changed. I think a company that behaving in this matter and just scamming should not be able to provide any financial service and it's not a good look shows bad business. So anyone from this company is reading this I will like to just receive my payment that I requested and move forward.

Tip for consumers:
I will like to share I never like to write about bad about any company or organization but I just feel I have to speak my truth about this particular company. I have been investing with this broker for sometime now and there has been issues. I do know there's rules when it come to withdrawing funds and I have turned over my account several times in order to withdrawal and there's just always an issue.

Products used:
I used a binary options broker that go by reception and was an consistent investor.

Service
Value
Quality
Thumbnail of user nickv479
1 review
0 helpful votes
November 7th, 2022

A year ago i deposited 1000 dollars worth of bitcoin into the raceoption platform to try to do forex options trading. I was trading for a week and not really making any money. I then copied one of their professional traders for a day or so and lost about 200 dollars. Realizing that this wasn't really a good investment trading site for me I stopped trading. I let the money sit in the account for around a year and then recently tried to initiate a withdrawal. This is when the trouble started. First Raceoption wanted my license passport and phone number for their withdrawal procedures. I sent them copies of these documents. Then they wanted selfies with these documents. I complied then was sent an email asking why i was withdrawing. I told them that i did not think options trading was right for me and i wanted to put my money in other ventures. Then i received a call from Kimberly K who said she needed to confirm who i was before releasing my money. I complied again and was told the transfer would go through in a few days once the finance department sends it. I asked for the BTC conf code so i could be assured they sent it. That's when i was told to contact finance department. Then i was told i have to contact the compliance department. This whole setup is obviously a scam and is designed to just frustrate the customer until they either stop harassing them for your money or until their bogus compliance department deems your account non compliant and then they will not release your funds. Beware of this site as you will never get paid and beware of the clowns on TikTok and Instagram promoting this POS site.

Tip for consumers:
Do not under any circumstances use this site. Total scam with no recourse to getting your money back.

Products used:
raceoption trading platform

Service
Value
Quality
Thumbnail of user krunalr
1 review
1 helpful vote
July 18th, 2022

Withdrawal process takes ages.
You will not received money with your withdrawal request, they will not give you bonus that you earn in trading contest

Service
Value
Quality
Thumbnail of user agundiztonya
1 review
0 helpful votes
November 6th, 2022

NO INVIERTAN en este Broker porque despues que que ven tus ganancias te blockean tu cuenta y jamas te contestan tus llamadas o emails. Crei que era mentira cuando me dijeron que tomara mis precauciones de este Broker

Thumbnail of user madj5
1 review
0 helpful votes
October 15th, 2022

Oncce you submit a withdrwal they will block your account and cliam that you are fraud, there algorethem will block any member that wins more than he deposits. I have many testomonials and evidance to support my words, for more info, plz check this yt vid
https://www.youtube.com/watch?v=8ExMfZaItXA&ab_channel=AssistanceRefund

Tip for consumers:
never use it , or refer them to anyone, unless u want to lose ur money
https://www.youtube.com/watch?v=8ExMfZaItXA&ab_channel=AssistanceRefund

Products used:
binary options

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