OptionRally is a binary options broker registered in Cyprus in 2010. At the moment the company has gained a strong foothold among the top rated brokers. The number of traders that entrusted their funds to the broker is permanently rising and already exceeds 250 000.
The company’s commitment to new technologies is one of the main factors of its success. Development and introduction of innovative technologies, both trading and financial, allow the broker to quickly and adequately respond to rapidly changing market situation.
Apart from high technological efficiency, OptionRally is popular owing to its strong regulation and liquidity.
Deposits and Withdrawals
Clients can fund a deposit or withdraw funds from their trading accounts using one of the following means:
- Bank transfer;
- MasterCard, Visa credit/debit cards;
- WebMoney, Skrill, Neteller.
All payments are made accurately. Bank transfer will take 2-3 working days. Transfer of funds to the credit card or online payment system is made within one banking day.
Reliability and Certification
The broker is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).
The license from the authoritative regulator and tight cooperation with the world’s major liquidity providers ensure reliability and high liquidity level of the company.
The broker’s commitment to innovations mentioned above is proven by its wide use of cutting edge information and banking technologies aimed at ensuring security of traders’ transactions and safety of their funds.
Unique information encoding systems, broad use of segregated accounts, advanced insurance and hedging programs let us consider OptionRally one of the most reliable binary options brokers.
Bonuses and Promotions
OptionRally is offering two types of bonuses on a regular basis:
- Welcome bonus;
- Three risk-free transactions.
Customers get a welcome bonus for the initial deposit of no less than $200 USD. The size of the bonus is 25% of the deposit value.
Bonus money is credited to the customer trading account and is intended for trading. It can be withdrawn only after meeting requirements as to the number and total volume of transactions made.
A beginner trader, who registered a live trading account and made a required deposit, is able to make three risk-free transactions. Such deals will bring profit to a trader in case of a positive result but will not bring losses in case of failure.
Apart from the above regular programs, the broker is also offering some others. The list of bonuses and promotions is available on the company’s official website.
Trading Accounts and Options Types
OptionRally is offering four types of trading accounts to its customers:
- Mini – $200 USD deposit;
- Standard – from $1 000 USD;
- Executive – from $5 000 USD;
- VIP – from $10 000 USD.
Owners of executive and VIP accounts have a number of advantages over their “less wealthy” colleagues. In particular, they enjoy faster withdrawals – irrespective of the withdrawal method, it will take one banking day.
The deposit can be made in the following currencies:
- US Dollar;
- British Pound.
Traders can trade the whole range of trading tools, that is they are offered the following types of options:
- Standard (high/low);
- One Touch;
Underlying assets for all options are as follows:
- Currency pairs;
Highly efficient and up-to-date SpotOptions platform is a calling card of the broker. It is highly reliable.
High optimization level, convenient, simple and well-structured interface make the platform popular among traders of any level.
OptionRally platform supports the following languages:
Customer support is available 24/7. OptionRally clients can reach the support team in the following ways:
- Live chat.
Customer service representatives speak the languages supported by the trading platform.
OptionRally educational center is worth particular attention. A variety of e-books on specialized subjects, powerful information analysis portal and unique video education courses developed by the company specialists will suit taste of any trader.
Pros of Trading with OptionRally
Reliability, excellent trading platform and wide selection of trading tools are the main three components of OptionRally success.
Educational programs intended for not only newcomers but also more experienced traders got lots of positive feedback.
No demo accounts and rather high minimum deposit are among evident disadvantages.
FortunaXX: I’ve been working on OptionRally platform for three years and I’m very pleased. In my view, the main task of the broker is not to disturb traders and distract them from trading. Payments are accurate. In one word there is nothing to criticize the broker for.
Oleg Fomin: On the whole, it’s a good broker. Complicated procedure of passport and address identification when making the first deposit. It took 3 weeks for me. Moreover the procedure was repeated when I changed the method of withdrawal and this time it lasted for almost 5 weeks. I don’t recommend the broker to beginners. Much advertised training programs are more suitable for improving skills rather than learning the ropes of binary options trading.
OptionRally is a decent representative of modern binary options brokers. It has nothing outstanding except for the trading platform.
But it should be realized that hard work of the highly professional team stands behind this commonness and ordinariness. This team put much effort to develop, introduce and support the project, which has been playing an essential role in binary options market development for 5 years already.