OptionRally review – binary options broker

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OptionRally

Overview

OptionRally is considered one of the most prominent brokers in Russia and CIS countries. The company started its trading activities in 2020 and registered in Cyprus. OptionRally is regulated by a serious organization with a worldwide reputation – CySEC. Trading Platform from OptionRally called «Binary Option Pro», and we may see that it is comfortable and easy to use terminal with maximum SpotOption protection. The company also provides education for beginners and professional support is always ready to help traders in all aspects.

Rating chart

Detailed Information

USD, EUR, GBP, CAD, CHF, JPY, NZD, PLN, SGD, TRY, ZAR, RUB

AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/PLN, USD/RUB, USD/SGD, USD/TRY, USD/ZAR

OptionRally Reviews

Mastadon from Belarus

I had an unpleasant story with the Whiteoption platform. I’m new to binary options, while I’m studying the theory, but on the recommendation I registered on the site, put $ 250 on the deposit. I wanted to put a minimum contribution of $ 200, as it was said, but I was taken with 250, which is also very strange? And after the calls stopped, I decided to try to withdraw my money. But no! I will notice one more nuance. Immediately after reporting my data to this broker, scammers contacted me and offered to cooperate with them on some terms. I could not understand how my information got to these people.

Nazim from Saudi Arabia

I did not like this broker very much, because sometimes it happens, at the very moment, the expiration of the chart, which is not in comparison with any other broker or on another independent chart, was returned once the amount of the bet, there is no special desire to work with them.

Sommerfeld from Finland

A disgusting broker. The impudent boys demand the replenishment of the DEPOSIT, and when it replenish, they demand to make bets. Deposit on the deposit without problems, instantly, but if withdrawal of funds – 10 days.

Андрей from Russian Federation

Nice operating platform for trading binaries, especially mobile one. Good variety of stocks, good execution, fast withdrawing to credit cards. Recommending this broker, as I am here for 2 years, all good.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

Adam from New Zealand

Binary options are a highly profitable source of income. With a deposit of $ 10,000 you have from little to no risk and earn 200% per month. I wont explain you staff about Martingale but if you use your wits, you can easily become a financially independent person.

Hernane from Brazil

I can advice it to newbies. There is a lot of useful information on their website, and smart manager helps in resolving of any issue. They withdraw money quickly and stably, whereas not every broker does that.

Ramy Alaa from United Arab Emirates

This is the first broker I used for trading with binary options. I am using their services for last 4 months and already made two withdrawals. First was processed within two days, second – after few hours. Deposits are instant. So totally I am pleasured with the quality of services this broker provides.

Tobias Berger from Germany

I traded on forex six years and found it rather risky to start binary trading, but I decided to take this opportunity. It turned out to be godo way of initial earn up. You don’t have to tensely observe the chart and react on it when needed. You onlt have to predict the market motion! Thus I have more time for trading and for my usual everyday duties. of course you have to be somewhat skillful, otherwise binary options will be just casino, but not additional earning.

Matt from Hong Kong

The result is obvious. In OptionRally works really professionals. I worked with another broker and the result was frankly not very much. Nobody really helped me. Opened deals on news. Often it was a mistake. In OptionRally, broker advised not to hurry and after deposit, I traded 2 weeks on demo. There was a stability. OptionRally real broker, unlike many others.

OptionRally Review

SpotOption

COMPANY OVERVIEW

The OptionRally binary options brand has undergone a series of ownership changes and is currently owned by TCM Investments Ltd. The company is licensed to offer binary options trading by the Belize International Financial Services Commission under IFSC License number: IFSC/60/422/TS/15.

PLATFORM AND TRADE TYPES

The company started off originally with the SpotOption platform but has transitioned to the LiveTrader platform. This is a proprietary trading platform and offers traders several versions for the desktop computers, iPhones, iPads and Android devices.
OptionRally offers the following binary options contracts for trading:

⦁ Binary Options: This is where the trader can trade the Call/Put options.

⦁ Pair Options: Allows the trader to trade the performance of one asset against another asset that is listed in the same market sector e.g. Google vs Apple, Pepsi vs Coca Cola or Total vs BP.

⦁ Long Term: This is the option trade that allows the trader to set Call/Put trades that last for 24 hours, one week, one month, three months and six months.

⦁ Short Term: This is the Call/Put trade with the short expiry times of 60 seconds, 2 minutes and 5 minutes.

⦁ Trader Follow: This is the social trading suite where you can follow one or more of the experienced traders on the platforms.
These trade types are available on all the computer and smartphone/tablet devices where the LiveTrader works. All mobile apps can be downloaded from the respective stores.

OPTIONRALLY DEPOSITS AND WITHDRAWALS

OptionRally is flexible when it comes to making account deposits and also withdrawing profits that have been made from trading. The following means of transaction are available for use:

⦁ Credit cards can be used to make instant deposits. Acceptable cards are those which are issued by VISA, MasterCard and AmEx.

⦁ Bank wires are a universal method which is useful for those who are not on the card payment acceptance list.

⦁ E-wallets such as CashU and Inpay.

Minimum deposit with any of the transaction channels is $200. Bank wires incur a charge of $25. The minimum withdrawal amount is $100. OptionRally does not impose a ceiling on deposits or withdrawals.

BONUSES AND PROMOTIONS

Bonuses on OptionRally depend on the account type. Therefore, you can expect the following bonuses depending on the type of account you decide to open:

⦁ Mini Account: 15% welcome bonus and 10% re-deposit bonus.

⦁ Standard Account: 20% welcome bonus, and 10% re-deposit bonus.

⦁ Executive Account: 25% welcome bonus and 10% bonus for subsequent deposits.

⦁ VIP Club Account: Free tablet device after performing trade volume of $15,000. Also travel benefits and additional support.

CUSTOMER SUPPORT

Customer support on OptionRally can be reached via live chat, email and phone.

⦁ Phone number: +41-43-5507311.
⦁ Online form
⦁ Email: [email protected]

PROS AND CONS

Pros
⦁ Mobile apps ensure trading on-the-go is possible.
⦁ Good customer service
⦁ User-friendly trading software
⦁ Regulated broker

Cons
⦁ No demo account available for traders without live accounts.

CONCLUSION

OptionRally is one of the best binary options broker. They treat clients well and offer a personalized trading experience that even their competitors are trying to replicate. Beginning and experienced traders are advised to use brokers like OptionRally.

Option Rally Review

Review

OptionRally, founded in 2020, is a global privately held company headquartered in Hong Kong with offices spread around the world. OptionRally is an innovative consumer trading company offering clients an easy and intuitive way to trade on leading financial markets – Forex, commodities, indices or stocks.

Accounts

There are several accounts to choose from at OptionRally. The Mini account is designed for traders who wish to keep their risk exposure as low as possible. This account can be activated with the smallest possible deposit. A welcome bonus of up to 15% of the deposit is awarded as well as additional bonuses every time a new deposit equal to 10% of their value is made.

The Standard trading account gives full access to all the OptionRally features including market reviews, daily analyst recommendations and a wide array of news and information. A welcome bonus of 25% of the initial deposit is made as is a redeposit bonus of 10%.

The Executive Trading Account offers traders a 25% deposit bonus plus 10% for each additional deposit. Holders of this account are entitled to three trading tips daily and two one-on-one sessions with OptionRally’s financial and trading experts.

OptionRally’s VIP Club Account offers traders all the features of both the Standard and Executive trading accounts plus even more exclusive benefits.

VIP Club account holders are assigned their very own Personal Trading Concierge as well as access to information, ideas, chat rooms, private business clubs, trading tools and a level of assistance exclusive to VIP clients. A 25% deposit bonus is included as well as 10% on any additional deposits.

The amounts of the initial minimum deposits for these accounts seem to be purposely omitted which is rather strange.

In addition to the other accounts, those keeping Sharia laws can open an Islamic or Swap account which allows trading to be done interest-free.

I was disappointed when doing this review that a demo account was not offered for new traders or for traders wishing to practice new techniques and strategies without putting their funds at risk.

Features

Over 20 stocks are available, as well as around 15 currency pairs and a similar number of indices. As with all binary options platforms, not all assets are available at every time, such as stocks which are based in the US that cannot be traded on a binary options platform when the US market is closed.

When doing this review, I especially liked the full explanations provided for each asset category. Each topic received at least a full page of fundamental information and background about the asset. This is extremely helpful for traders just wetting their feet in binary options trading.

Education

In addition to offering a rather substantial education center to help traders better understand the process of binary options trading, OptionRally has a short demo video that really provides a very clear insight into the trading arena.

OptionRally prides itself on its market research citing a suite of tools used to assist traders in formulating their investment strategy and achieving their financial goals.

The website offers daily analysis of major currency pairs and other assets so that traders can get a full sense of the markets before entering their positions. Analysis of currency pairs also includes charts, which can be helpful for technical traders who are looking to test out binary options. In addition, webinars and a host of video tutorials are available for account holders.

In fact, one of the most interesting features at OptionRally is their advanced trading charts which they offer together with Investors Trading Academy. These charts are simple basic ones or more advanced charts and can be used according to the trader’s level of experience and education. Those enrolled in ITA.academy through OptionRally, can personalize and store their charts online.

Daily and weekly market reviews are posted on the site as well as a comprehensive economic calendar.

Deposits/Withdrawals

Deposits can be made via bank wire transfer, credit card, Net banking, Web Money, Neteller, Inpay, Skrill and other online payment options. The minimum redeposit is $250 or a currency equivalent. This means that after making your initial deposit, you can deposit new amounts into the account that are greater than $250. There is no maximum deposit.

Withdrawals are made via wire transfer and credit card only. There is a minimum withdrawal of $100.

Customer Support

Traders can contact an OptionRally representative by telephone at any of their over twenty locations and by email. Chat is available 24/7 as is an online form. We contacted Chat with a question and found that the response was immediate and the representative was knowledgeable and pleasant.

Conclusion

OptionRally may seem like many of the other binary option brokers in the industry, but after a thorough review, it is obvious that there is more to this broker than meets the eye. Their website is set up logically with emphasis placed on the right areas, such as education and training, suggesting that the broker understands the needs of traders and doesn’t waste too much time and effort with unimportant features. I would have liked to see this broker functioning under some sort of regulatory supervision.

Features

A newcomer to the binary options market, OptionRally has managed to distinguish itself from other binary options brokers with the introduction of their iPhone and Android mobile trading apps. These apps are the world’s first official mobile binary options trading platforms made for use on android Smartphone, iPhone and iPad. Another feature that stands out is its choice of five different trading accounts which makes it easy for traders of all levels to select the account that best suits their needs.

Platforms

OptionRally offers several trading platforms.

LiveTrader Web

LiveTrader is a 100% web based trading platform, accessible from all desktops and laptops, browsers and operating systems. It is optimized for all browsers and no download is required. Traders can trade hundreds of different assets with in depth technical analysis charts and the payouts can reach up to 81% per trade.

LiveTrader iOS

LiveTrader iOS is OptionRally’s iPhone Application. It lets you trade any time anywhere. The platform offers full functionality with live and dynamic charts, easy access to your full trading history, and instant trade execution.

LiveTrader Android and LiveTrader Tablets Applications

The LiveTrader Android and LiveTrader Tablets applications let you trade and control your portfolio from all smartphones devices. The offer full functionality, live access to view all assets, stocks, indices, currencies and commodities, trading in real time, easy access to your options, banking history, personal details and bonuses and 24/7 Help and support.

These applications can be downloaded from the App Store or Google Play.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

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