OptionRally is an online platform for trading Binary Options. Launched in the year 2011, it is one of the first brokers that were established for trading Binary Options, otherwise known as Digital Options. Their five-year record in the world of fast-paced trading is exemplary, and it is a fact attested by its many satisfied clients. In the uncertain world of Binary Options trading, very few traders and brokers have shown expertise and reliability than OptionRally.
The headquarters of OptionRally is in the dynamic city-state of Singapore. Singapore is a strategically-located Asian country with a highly-developed, trade-oriented market economy. It also has settled offices in other countries across the globe, such as the United Kingdom. This company offers support from all over the globe and has a worldwide presence. OptionRally is powered by TCM Investments, Ltd, a firm that is highly dedicated to investment management and provides its clients with comprehensive financial plans that guarantees high income. These financial professionals are considered experts in the fields of risk management, trading regulations, and investment technology. OptionRally offers support for clients to succeed in financial trading – be it through Forex, shares, indices and commodities. Their Education Center offers Video Education Courses, Trading Camp live webinars, eBooks, and a variety of educational tools to equip its clients and help them succeed. They even give their clients the option to do one-on-one training through their Personal Mentor Program.
OptionRally’s main trading platform is web-based, and it is powered by SpotOption, one of the world’s largest Binary Options platform providers. Their highly intuitive web design is helpful for first time binary options traders, and provides much-needed support at a global scale. OptionRally is also the first online trading company to offer on-the-go trading app which can be downloaded on iPhone, iPad and Android platforms.
Looking into its website, it is evident that it is well-designed, and intended for the user’s convenience in mind. It has a streaming live news feed, and offers 24/7 live chat support, email, telephone support and a call back service that offers a personal consultation call from a trading expert. The platform also shows the user how many other people are currently logged in, and how many active accounts there are.
There are just four easy steps in getting started with OptionRally: Open an Account, Deposit Funds, Start Trading, and Wait for Expiry. OptionRally promises profits of up to 81% in 15 minutes. It gives a bonus for first-time users, which is based on the volume of the first transaction.
OptionRally’s “My Account” page allows users to log on to their account using a secure password. The account page enables the user to encode personal details and entering credit card information. Deposit and withdrawal information, as well as bonus offers, are also specified in the My Account page. Users will also see their available balance, and their available funds.
In their personal account page, users are able to check their transaction history and review their trading history, with all the details of that particular trade. Transactions are updated in real-time, so users are guaranteed to get the latest and most relevant information.
OptionRally gives clients choices on their preferred type of account. There are four different types of accounts being offered by OptionRally, and these all depend upon the amount of initial deposit as well as the volume of trading. Clients can only open one account at a time.
Those who are new to Binary Trading Options are advised to open a Mini Trading Account. With the smallest minimum deposit possible, users are able to activate their binary options account. The Standard Trading Account is for all those who are fairly new to the binary options trading game, but already established a foothold on it. Users of this account will get all the basic services that the website has to offer. The other two accounts, the Executive Trading Account and the VIP Club Account will allow users access to more exclusive benefits and will allow their trading to move up to the next level.
All four types of OptionRally accounts have corresponding bonuses for the users. OptionRally has one of the highest percentages of bonuses among online brokers. All new traders will enjoy welcome bonuses. This incentive gives new traders more opportunities to gain profit. This provides enough motivation and drive for them to continue investing through binary options trading. The welcome bonus given for a Mini Trading Account is 15% of its value. On the other hand, OptionRally gives a 25% welcome bonus to those who will open a Standard Trading Account, Executive Trading Account, and VIP Club Account, respectively. These extra credits may be used for additional binary options trading.
Every now and again, special bonuses are offered in order to attract new account holders. For instance, during a limited time window, when prospective clients to sign up, they will enjoy certain perks. Some of the perks that are offered are up to 100% welcome bonus and three risk-free trades. Those who sign up for VIP accounts are even offered lifetime signals service. Signals are recommendations given by finance experts for traders who are not skilled or experienced enough to know market trends. Furthermore, other bonuses are given to clients who redeposit an additional 10% or more that are equal to the value of their current account.
Payment & currencies
There are a variety of options for traders to deposit money into their OptionRally account. These are designed to make trading easier and more convenient for users.
Domestic and international bank wire transfers can be done. Traders can electronically transfer their personal funds from a credited bank straight to their OptionRally account. OptionRally accepts cash transfers for Euros and US Dollar accounts. It usually takes five banking days for the money to be transferred. All account details are found in the OptionRally website. (https://www.optionrally.com/help/banking-deposit)
OptionRally also accepts all major credit cards – Visa, MasterCard and American Express. Depositing money through the credit card option is by far the fastest, easiest and most secure way to transfer funds to the OptionRally account. Encryption and secure web protocols are applied to every OptioRally transaction. When the deposit is confirmed, the funds can be used for trading right away.
Other payment options for putting funds into the OptionRally account are through Knet ATM cards, CashU, InPay and WebMoney. InPay and WebMoney are both online payment facilities. CashU is used by online shoppers in all Arabic speaking countries.
Just as deposits are easy and secure with OptionRally, so are withdrawals. There are two preferred withdrawal methods – through credit or debit cards or through wire transfer. Both are processed between three to seven days. For credit cards, allow for additional processing of 5 to 10 days by the credit card company to the individual bank account.
Platform & assets
As mentioned earlier, the trading technology platform of OptionRally is provided by SpotOption. Available in both desktops and laptops, SpotOption’s LiveTrader Web Platform is accessible and optimized through all types of browsers and operating systems. It is compatible with Mac OS and Windows. It is very simple to use because it requires no downloads. The excellent education center of OptionRally is easily accessible from the web platform.
The iPhone and Android LiveTrader platforms feature real-time trading, and shows live charts. The user is also able to deposit funds and trade instantly. There is also an available app tutorial.
The LiveTrader tablets application can be accessed 24/7, and contains detailed graphs and helpful tools. This app also has multilingual options.
The actual design of the binary options trading platform, no matter what device the trader is using, offers a comprehensive view of information which allows the user to make informed decisions about their investments. The user-friendly apps and web-based application also allows the user to act upon those decisions easily – with a swipe or a click of the button.
This trading platform has four distinguishable features that were designed with the clients’ needs in mind. It offers security, availability, transparency, and variety.
Assets that can be traded through this platform are the following: forex, stocks, commodities and indices. Forex currencies that are traded through OptionRally are the US Dollar, the Canadian Dollar, the Australian Dollar, the British Pound, the Euro, the Japanese Yen and the Swiss Franc. Doing stocks trading using the binary option versus trading directly is more advantageous because it presents more profit opportunities.
OptionRally can be accessed through two of the most popular mobile platforms – Android and iOS. Downloading the OptionRally app is free of charge. Considering how people have almost unlimited access to their mobile phones – it is even by one’s bedside – online trading as it is known for a number of years is changing again. These free apps contain comprehensive information and uses, same as the desktop-based platform.
The accessibility and quickness of decisions that are afforded to Smartphone users can be used to their advantage when it comes to doing binary options trading. Traders are updated on real time information so that they could make necessary decisions about their investments. Live charts and real-time graphs can be accessed through the OptionRally mobile app. Users can now take full control of their trades and access their trading portfolio and history anytime, anywhere. Their trades are also viewed on real time, and their trading decisions can be executed instantly. It is also possible to deposit funds through the mobile app.
The power of mobile trading is literally right at the traders’ fingertips with these powerful mobile applications. This is another way that OptionRally considers the convenience of their customers. Their mobile apps are actually the first in the market.
Their customer supports are available in ten languages: English, Italian, Spanish, German, Russian, Turkish, Arabic, Chinese, Japanese and Vietnamese. This is different from their platform languages, which are available in English, Spanish, German, Russian, Turkish, Arabic, Chinese, Japanese and Vietnamese.
One of OptionRally’s main strengths is its solid customer support. This has been proven time and again by testimonials from satisfied users. There are many options for clients to reach out if they have problems and concerns and if they need support.
They have several email addresses, specifically categorized into the type of concern that a customer has. Here are their email addresses per specific area of concern:
General Customer Support – email@example.com
General information – firstname.lastname@example.org
Technical support for the website – email@example.com
Technical support for deposit – firstname.lastname@example.org
Technical support for withdrawal – email@example.com
Trade Disputes Team – firstname.lastname@example.org
Education Department – email@example.com
There is also 24/7 live chat available. Customer support phone numbers and email addresses are available in the following countries: Russia, Dubai, Bahrain, China, Saudi Arabia, Japan, Singapore and Canada. Users also have an option to do telephone trade orders and to avail of personal account managers, with a call back option. OptionRally has very accommodating service staff, and users will immediately be given feedback when they send an email inquiry.
Pros & cons
The trading platform’s interface is user-friendly. It offers market reviews so traders can make a quick check of the market. OptionRally’s trading accounts depend on the choices of the investors. However, response time for live chat should be improved. The out-of-the-money trades refund is just average.
Customer Service By:
Email, Live Chat, or Phone
English, Italian, Spanish, German, Russian, Turkish, Arabic, Chinese, Japanese and Vietnamese
Customer Service Hours:
Email Response Time:
Personal Account Manager:
Customer Care Telephone:
Customer Care Email: