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Your capital might be at risk. There are a lot of good trading platforms out there and we try to let you know when people have found success with a particular trading platform, or at the very least, when a company is comparable to others in the field. However, there are a few bad companies out there that you should avoid and one of the companies that have earned that label is OptionRally. Customers have reported that they have had trouble withdrawing their money, among other problems.
OptionRally is based in Cyprus like many other brokers, and has many of the same features that other companies do. However, as mentioned, users have had trouble withdrawing their money and you can see that in the myriad of negative reviews posted about the company. This is probably one of the most important - if not the number one reason - that you should avoid this particular company.
You want to have easy access to your money and not fight to get it. The platform is pretty standard fare for online trading. It is easy for a beginner to get started with OptionRally and it has enough features so that an experienced trader will be able to do what they want as well.
They provide trading news, the latest financial info, status tracking on positions and educational materials and advice. The platform is through Spot Options, which many other trading platforms are based upon. There is no download for the software because it is in-browser and you can see everything on one page. There are four different accounts that OptionRally has.
There are many companies out there that allow you one withdrawal per month for free so this is a major downside to trading at OptionRally. So, bonuses are different for each type of account, which again is fairly standard. These numbers are quite small compared to some of the bonus structures that are out there.
Also, to withdraw the bonus you have to trade fifty times that amount in about three months time. That is also a reason to skip this particularly company. If you do decide to trade there, make sure that you carefully read the terms and conditions that go with the bonuses.
Like others, they offer an Android app and an iOS app. OptionRally does have a good education system. They have trading camp webinars, video courses on various aspects of trading, and some one-on-one training.
They do respond to your emails, and they are polite when they talk to you, but they try to avoid big questions and give you the runaround on issues. This is a company that you should avoid. There are a few that have had good experiences, but they are far and few between and get lost in the crowd of traders who have had trouble with OptionRally. The best bet is to go somewhere else. When searching for information about binary options it is easy to become overwhelmed quite quickly.
Many people will give up trying to learn more about this type of trading simply because it seems so complex and because there are so many scams out there.
Past performance is not a guarantee of future returns. This website is independent of binary brokers featured on it. Before trading with any of the brokers, clients should make sure they understand the risks and check if the broker is licensed and regulated. We recommend choosing an EU regulated broker if you reside within the European Union. All Information such as Winning Ratios, Results and Testimonials are to be regarded as simulated or hypothetical.
All the information on this website is not intended to produce nor guarantee future results. There's no guarantee of specific results and the results can vary. Platform The platform is pretty standard fare for online trading. Accounts There are four different accounts that OptionRally has.
Bonus Offers So, bonuses are different for each type of account, which again is fairly standard. Educational Resources OptionRally does have a good education system. Our vision When searching for information about binary options it is easy to become overwhelmed quite quickly.