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OptionRally Broker Review

OptionRally Broker Review
Ryan Collins
This broker is closed.  OptionRally is a modern and innovative broker that is present on binary options markets all over the world. This broker has a user-friendly trading platform that will provide all necessary tools and features for binary options trading. OptionRally review will provide traders with a deeper insight into the world of this broker.... Read more
This broker is closed.  OptionRally is a modern and innovative broker that is present on binary options markets all over the world. This broker has a user-friendly trading platform that will provide all necessary tools and features for binary options trading. OptionRally review will provide traders with a deeper insight into the world of this broker. Read our OptionRally review below.
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  1. OptionRally Broker review

    This broker is closed. 

    OptionRally is a modern and innovative broker that is present on binary options markets all over the world. This broker has a user-friendly trading platform that will provide all necessary tools and features for binary options trading. OptionRally review will provide traders with a deeper insight into the world of this broker.

    Read our OptionRally review below.

  2. OptionRally Special features

    OptionRally have a special account type for Arabic traders that comply with religious traditions that some Muslims live by. This is a great opportunity for them to trade binary options with OptionRally, as they don’t have to break any rules their faith imposes. Islamic account on OptionRally is including no riba policy, hibah, and musharaka. Traders can find out more about Islamic accounts if they contact the customer support.

    When you open an account with OptionRally you have five different types to choose from. OptionRally review shows that this broker really put a lot of effort into creating different account types that will be suitable for traders with different trading styles.

    Disclaimer – This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses

    Mini account

    • Ideal for beginners
    • 15% welcome bonus
    • 10% bonus on each additional deposit
    • Daily and weekly market reviews

    Standard account

    • Ideal for traders who have some experience
    • 25% welcome bonus
    • Access to professional market analyst
    • 3 trading tips every day
    • E-book
    • Benefits of Mini account

    Executive account

    • Ideal for traders who want to increase their skills and gain more profit
    • Two one-on-one sessions with specialists
    • Benefits of Standard account

    VIP account

    • Ideal for traders who want to make larger investments
    • Personal trading concierge
    • Exclusive VIP offers and features
    • Benefits of Executive account

    The higher level you chose the more service you will be provided by the broker. On higher account levels you get a dedicated account manager, a trading analysts to help and much more. Click the “Account Types” tab in the deposit area after you signup to find out more.

    As it was noted in this OptionRally review, this broker has some great bonuses and additional promotions. The duration of every promotion is one week, unless stated otherwise. If the trader accepts the bonus, he is obligated to fulfil the trading volume in the amount x50 in 150 days following the day the bonus is added. When the trader has accepted more than one bonus, the trading volume is calculated one bonus at the time. OptionRally has very clear terms and conditions so make sure to read them before accepting any bonus or promotion.

    OptionRally is a CySEC regulated broker, and they will ask for a written approval before adding a bonus.

  3. Your capital might be at risk

    OptionRally Trading Software

    OptionRally is using the popular SpotOption platform that is very user-friendly and easy to use. This platform provides great oversight over market movements, as well as the trades placed. All placed trades are listed on the platform and can be found below the charts. Thanks to this amazing feature, even beginners won’t have any difficulties during the trading process which is very important. More experienced traders can take advantage of many tools available on the OptionRally platform.

    OptionRally review showed that they also offer the possibility of ‘early closure’. This means that every trader who believes the trade will turn out to be unprofitable has the opportunity to sell it. It is a great feature for money management, as it allows users to prevent higher losses. Of course, the selling price will never be a full refund, but it will significantly lower the amount that can be lost.

    From recently, OptionRally also offers pairs trading, binary options type that is very popular among traders. Pairs trading is based on predicting of the price of two connected assets like currencies or stocks. Even though this type of binary options is more suitable for traders who already have some experience, beginners will also be able to trade it thanks to the good platform and straightforward approach.

    OptionRally takes all users’ wishes into concern. For this reason, they developed several apps for different devices. Thanks to these apps traders can not only use their desktop computer but iPhones, Android phones, and iPads, as well. OptionRally is the perfect choice for traders who want to trade anytime and anyplace and for traders who don’t want to be obligated to sit in front of their computer.

  4. OptionRally Support information

    The most convenient way to reach customer support is via live chat. Luckily, OptionRally review showed that this functionality is supported and working well on OptionRally website. Every time we decided to reach out for their customer support, we were greeted by friendly and professional agents who delivered all requested answers.

    All dilemmas were solved in no time and agents did their best to provide our team with proper information. Traders will be happy to know how Optionrally also has emails depending on what the trader needs (withdrawal, deposit, support, technical support, dispute…). This means that traders will receive the answer much faster than when there is only one email available. OptionRally also has several phone numbers that can be used.

    Luckily, OptionRally takes education very seriously. Education is an essential part of binary options trading, and OptionRally has amazing education section. Traders who deposit with OptionRally can participate in Trading Camp webinars, read an e-book, watch educational videos and check out unknown terms in the glossary. There is also a vast FAQ section that explains many details regarding binary trading with this broker. It is a perfect solution for traders who want to avoid chatting with agents.

  5. OptionRally Banking and company information

    When it comes to depositing and withdrawing, OptionRally review showed how this broker supports Visa, Mastercard, bank wire, Sofort, iDeal and several other e-wallets. The number of depositing and withdrawing methods is constantly growing.

    Minimum deposit amount with OptionRally is $250, while minimum withdrawal starts at $100. Generally speaking, all withdrawals are processed within 2 days, but it might take longer for the amount to be visible on the account. That highly depends on traders’ bank and method selected. After the withdrawal has been accepted, a confirmation email is sent. OptionRally may charge fees between $3 and $25 for withdrawing, depending on the method used and amount withdrawn.

    In order to execute the withdrawal, trader has to send following documents:

    1. Clear copy of ID, driver’s license or passport
    2. Clear copy of recent utility bill, bank statement, tax statement
    3. Copy of a credit card according to the instructions on the website

    In the case of any inquiries regarding this process feel free to contact friendly customer support. Many traders have a fear of sending their documents online, but this is a safety measure that will prevent other people and frauds from withdrawing your money.

    OptionRally is also a CySEC regulated broker (CySEC license No. 220/13). This provides traders with additional protection when it comes to binary options trading, as they know they will always have a regulator to back them up should anything go wrong when trading with this broker.

  6. Your capital might be at risk

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