OptionRally Full Review
OptionRally Broker experienced binary options broker,founded in 2011, means OptionRally is one of the first Binary Brokers in the industry. OptionRally Brokerage is located Zavos Kriel Court, 1 Griva Digeni Street #201, Limassol, Cyprus, but has established offices in the UK and across the globe.
OptionRally Broker operates under the name “Optionrally Financial Services Ltd” and is fully regulated by CySEC since November 7th, 2013, the Company Registration Number is 301842.
Their phone numbers are: Canada: (647) 846-0876, South Africa: +27 10 500 1844 and United Kingdom: +44 203 608 0253.
Their email address is Support@OptionRally.com
Promotions and Account Types Review
OptionRally Broker offers four types of accounts, depending on the trader size (in terms of money) skills and time. You can see the 4 types in the bullet points below:
Mini Trading Account – great for traders who look for low risks (but profits as well). The minimum deposit amount is small, however you will be getting 15% welcome bonus on your deposit. Even though it’s the smallest and most basic account OptionRally will still be here for you, they offer 10% bonus on redeposit.great for binary options trading.
Standard Account – 20% welcome bonus and 10% bonus on redeposit, minimum deposit is a bit higher,around 300$, great for binary options trading and Forex.
Executive Trading Account offer a 10% bonus on redeposit, but give you an outstanding bonus on your first deposit. Great for binary options trading and Forex.
VIP Club Account – The VIP Club account has the best bonuses, at 30% welcome and 15% redeposit. You get access to all trading video strategies, education center and Personal Support. For account higher than 10k. Great for binary options trading and Forex.
Trade types Review
What can you trade with OptionRally? Well you are going to be surprised by the variety of assets OptionRally.com offers. You have around 1,500 tradeable assets or in other words, you can trade whatever you wish for in term binary options trading.
Stocks– International wide speaking (over 20 countries). Leverage of up to 1:294 ( a lot for small accounts).Wide variety of sectors, from large to small companies, Google, Microsoft, and smaller ones like Cyberark (symbol : CYBR) and more.
Forex – More than 30 pairs of currencies, low spreads and no commissions! Leverage up to 200 or in other words you can have 200 euros in your account but a trading power of 40,000 euros for binary options trading.
Commodities -You can trade with a minimum of 120€ wide variety of assets such as: Natural gas, platinum, corn, gold and oil all you can think of so your binary options / Forex trading will be colorful .
OptionRally Support Review
The company offers 24 hour a day, 7 day a week customer support. The staff has all you need in order for you to get both technical and professional information. The support helped us out quickly when we needed it during the review, had answers to questions regarding withdrawal, strategies and more.
OptionRally Trading Platform Review
OptionRally works with SpotOption technology which is very well known in the industry of Binary Options and Forex. The trading platform offer different type of trading including :
60 seconds,One Touch,Option Builder,Binary Meta.
As you can see in the picture below, this is the broker platform, graphs look clean and straight forward, you can play with the display and of course put assets in your favorite list for easier access.
OptionRally offer both PC , Android and IPhone software so you don’t need to be afraid of staying disconnected, you can trade from every place on earth with easy login.
The software features review
-Fully functionally rich trading platform.
-Live and dynamic charts provided by the broker.
-Trade with instant execution.
-View your trades in real time.
-Deposit funds on the go.
-Easy access to your full trading history.
-Universal login for both your mobile and web-based platforms.
-Intuitive touch screen control.
-Just click and swipe for easy navigation.
OptionRally’s Trading Platform
Deposit & Withdrawal Review
OptionRally broker simplicity is amazing, you can open account and withdraw profits easily.After setting up an account,you can fund / deposit using several methods,such as : bank wire transfers, Knet ATM cards, credit cards and CashU cards. The minimum deposit is only $250.
Withdrawals are as simple as deposits. Simply navigate to My Account and select withdrawal requests and the money will be transferred to you in less than 3 business days.
Risk Management Tools Review
Account leverage – You can set the amount of leverage you want in your account, why is that important? When you make more than 4 trades together it can sometime for inexperience trader can cause problems in calculating the amount of money left for the broker’s securities, thus starting with small leverage and increasing it slowly can be a great idea for someone who is new to the world of trading.
Stop-Loss – Imagine you are now placing a trade and you need to go to work, pick up you kid or anything that forces you away from the computer, with Stop Loss command you can just place where you want the trade to exit in case your prediction was wrong. Let say you bought 100 shares of apple for 10 dollars, if it falls below 9 you will lose 100$, however you only want to lose 50$, in this case you can place a Stop Loss on 9.5$ so the computer automatically sells you shares and control your loss.
Take Profit – Same as stop loss can make sure the computer collects your profits on a pre set price.
Price Alerts- as it sounds, these alerts make sure you are not missing opportunities to make profits on good trades.
OptionRally Broker Scam Or Not – Conclusions:
OptionRally.com – after we did the review OptionRally Broker was found out to be a reliable broker! they offer wide variety of solutions for traders in different levels, money, time and more, with this in mind the idea of trading with OptionRally Broker becomes easier for anyone who wants to make a primary or second income out of trading
In conclusion OptionRally Broker is a SAFE.