Option Rally Broker Review

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OptionRally Login

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OptionRally is a versatile and internationally aligned broker with the strong presence in Europe, the US and the Islamic world. It offers a wide variety of accounts. Its special feature is the inclusion of the Islamic banking, sharia approved accounts that enable some additional specific features for these customers. This is a first class broker which really cares about its customers.

Registering and logging in is an easy and fast process that only requires customers data for the initial registration. The verification email will be sent to activate the account. Before depositing, users must choose if they will use the credit card or wire. Skrill is not supported. Credit cards that are supported are Visa, Amex, and MasterCard.

Verification will be necessary in order to deposit the funds on the trading account. Clients are advised to prepare a government issued ID with a picture, a utility bill with their name and address and a copy of both sides of the credit card. This way, OptionRally ensures the safety of the funds when depositing. All transfers are SSL encrypted which enhances the banking security

Their new website has been launched not long ago, it has an .eu domain and is much better than the old one.

OptionRally Accounts

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

When starting to trade binary options, many traders will be confronted with the choice of an account. There are different accounts out there. If the client is a beginner they won’t often be able to easily decide which type of the account is the best for them. Most brokers are heavily focused on getting as much deposits without caring about the success of their clients.

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  • Binarium
    Binarium

    Best Binary Options Broker 2020!
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    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

OptionRally does in a different broker in so many ways. When choosing their accounts, clients will notice that they are in the focus. Accounts are set in a way that is actually helpful to the traders. Account types follow clients trading cycle. Beginners get simple accounts to try the platform. More advanced traders normally choose more advanced accounts with more support. Bonuses aren’t one-time teases but are accompanying each new deposit.

Beginners may choose the “Mini” account that offers 15% bonus on the initial deposit. Minimum deposit is $300 which is enough for a great start, but not too much for an inexperienced person. Daily market review, which is included, lets users see the main stories of the day and learn about the upcoming opportunities.

The “Standard” account is a great mid-offer. It ups the bonus to 20%, but the subsequent bonuses remain at 10%. This account offers live chat professional market analyst access for better trading info. Market reviews are also included, as well as one guided session with an expert. An e-book will be made available to subscribers of this account.

Executive” account, with 25% bonus, features all the Standard account perks, but with more one-on-one sessions and trading tips for people who spend more time trading.

The “VIP” account offers great initial 30% bonus and 15% at every redepositing. 1-on-1 trading support is also included along with features that other account types are offering. Additionally this account includes a free tablet computer after $15k turnover and worldwide trading arrangements. Even if the traders don’t manage to score significant profit, they get a tablet.

OptionRally accounts help traders achieve gains easier because they include heavy expert support. Register with OptionRally via FBO to start profiting!

OptionRally Bonus

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

OptionRally offers various attractive rewards on various occasions, to both new and existing clients, including cash bonuses. The OptionRally welcome bonus is just one of the reasons why this broker remains one of the popular favorites among traders the world over. The amount of welcome bonus offered by OptionRally provides aspiring traders with added incentive to sign up on the site and earn profits by trading binary options. The rules and regulations governing this bonus amount are also very transparent. In fact, all traders with an OptionRally account enjoy equal opportunities in getting this bonus amount.

The OptionRally welcome bonus is tied to the initial deposit made by the trader, which in turn determines the type of account and packaged services that the trader gets. Traders may use their welcome bonus to benefit from longer trading, improved odds and less stress from bigger accounts. With this bonus, they are also able to place more trades and increase their chances of earning more profits.

The bonus offered at OptionRally adds up to 25%, 10% for subsequent deposits, thereby making it one of the highest bonus amounts offered by online binary options brokers. Because OptionRally accepts traders based in the United States, this means that American binary options traders are also eligible to get this bonus. Because this bonus amount can go very high, it is certainly a great motivating factor for traders who sign up on the OptionRally site to become binary options traders and make huge profits in the process of trading binary options. This bonus amount may only be available to the trader upon opening an account on the website, making their initial deposit and verifying their personal information.

OptionRally Demo Account

Demo accounts are beneficial as they enable traders to try out the trading platform, trade with virtual money and determine whether or not their strategies and methods work. This way, traders may test their services before committing real cash.

That said, OptionRally does NOT offer a demo account. But this shouldn’t be a deterrent for traders to not sign up on this broker’s site. On the contrary, traders who join OptionRally can benefit from a range of services and features including high-quality customer support services. The OptionRally support desk is very professionally in the manner in which it handles customer requests and provides timely and informative responses.

OptionRally also continues to add new educational resources such as video courses, webinars, and eBooks to assist traders in growing their knowledge. Their trading platform is one of the most sophisticated and professional ones for trading binaries online. By trading on their site, both novice and advanced traders are able to quickly convert their financial decisions and analysis into profitable online binary options trading activity.

In the few years since binary options became one of the most accepted investment vehicles in the financial trading market, many of the original binary brokers have fallen by the wayside. OptionRally is part of the original group of binary options brokers who launched the binary options trading revolution and which has managed to not only survive but thrive in this ever expanding dynamic industry. Therefore, even without a demo account, OptionRally remains one of the best online binary brokers.

OptionRally Minimum Deposit

OptionRally minimum deposit provides binary options traders with the opportunity to begin trading binaries with as little as $250. With this minimum deposit, both novice and advanced binary options traders enjoy greater flexibility and are able to earn profits without having to incur huge risks or pay high fees to brokers who handle their portfolio. Once you have opened your OptionRally trading account, you will be forwarded to an automated deposit page on which you may fund your minimum deposit. Should you require assistance in funding your minimum deposit, you may contact OptionRally via Live Chat or email.

This low minimum deposit of $250 provides you with access to a trading account on OptionRally. Be sure to avoid betting your entire minimum deposit at one go but instead de-risk and balance your strategy by learning good binary options trading and money management skills. Experts recommend that beginners bet the least amount allowed by the broker so as to ensure that they enjoy the maximum benefit from their minimum deposit.

OptionRally offers typical banking options which include a fast means of depositing directly via your online banking facility. However, they have stated that they do not offer MoneyBookers as a deposit method due to legal restrictions. This minimum deposit is applicable to the various deposit methods available on OptionRally, including debit and credit cards. For your convenience, OptionRally has made a variety of popular methods available that traders may utilize to make their minimum deposits efficiently and speedily. It is recommended that you make your minimum deposit via:

  • Bank Wire Transfer (Domestic and/or International)
  • Western Union
  • Credit Cards – Visa, American Express, and MasterCard.
  • Knet ATM cards.
  • CashU
  • InPay
  • WebMoney

Once you have made your minimum deposit, it is important to have your account approved within three days, so as to prevent it from being locked and restricted from further trading. When sending in your photo ID, utility bill and copy of your credit card to OptionRally for verification, be sure to cross out 8 of the 12 digits to prevent the abuse of your credit card.

With OptionRally, traders can rest assured that their personal and financial information, including all their deposit data will remain completely private, safe and secure. To achieve this high level of security, all personal, financial and trading data is stored on the OptionRally trading platform which deploys the very best and most advanced encryption protocols available. For client safety, OptionRally applies SSL encryption via its HTTPS secure web control to each financial entry that the trader makes. As a result, OptionRally is able to guarantee that all financial information, in particular, that relating to deposits will always remain completely safe and secure.

OptionRally Withdrawal

Withdrawing funds with OptionRally is fairly easy and safe. There is a number of methods to use when withdrawing funds.

To withdraw the funds from the OptionRally account, users must first login and choose “My Account”. In the panel, find the “Withdrawal Requests” button to choose the preferred withdrawal method. Next up, the users must fill the form and choose the amount to withdraw. Due to money laundering laws, it is not allowed to use the same account for withdrawing amounts that are higher than the initial deposit.

Usually, the card withdrawals are much quicker than via wire, but its almost the same with OptionRally, which is a small drawback. It is important to remember that all accounts and cards must be verified prior to fund transferring, otherwise no depositing and withdrawing will be possible. But that is something OptionRally will ask the clients after the registration process. Processing wire requests takes 48 hours and after that it may take some additional time for the funds to arrive at traders bank account.

Option rally offers great trading possibilities for most of the global traders. Those interested must know that this is a great broker with great support and a ton of banking and trading options. Asset index is a long list of most popular securities, commodities, indices, and currencies. In order to expand trading possibilities OptionRally offers not only regular binary options but other trading modes as well.

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Option Rally Broker Review

Option Rally offers a range of bonuses to all of its clients including impressive welcome bonuses for all levels of account. It also offers excellent cutting edge trading software that is intuitive enough for even a beginner to use and to learn quickly. This broker offers customer helplines in both Cyprus and in the UK and can be contacted via email, webform and live chat too. This broker offers over 150 types of assets for trading.

Review Overview

Bonuses – 80%
Software – 90%
Customer Support – 65%
Options Choice – 80%

Good quality broker

Summary : Very trusted broker

Intro

Option Rally is an online binary options broker that offers an impressive selection of underlying assets for trading. They offer an advanced web based trading platform as well as mobile trading apps and they are keen to help their clients to succeed through the provision of a useful educational resource library. This innovative company aims to make binary options trading accessible to clients at all levels of experience and has been expanding its client base worldwide for many years.

Company Information

Option Rally is a privately owned company with its base in Cyprus. Owned and operated by OptionRally Financial Services Ltd, this broker is regulated and licensed by CySEC for complete peace of mind for its clients. In order to comply with regulations, this broker keeps all client funds in segregated accounts for security in the event of a financial crisis and protects all transactions carried out on its website with strong cutting edge SSL encryption. Strict compliance procedures must also be adhered to with regard to anti-money laundering regulations and identifying clients.

Assets Available

Option Rally offers more than 150 different underlying assets for trading across the categories of currencies, stocks, indices and commodities.

Bonuses & VIP Programs

Clients who register for an Option Rally trading account can benefit from a generous welcome bonus, whether they open the lowest level account or the highest. For the Mini account, clients receive a welcome bonus of 15% of their deposit and then further bonuses of 10% on all redeposits. Silver, Executive and VIP Account clients receive a welcome bonus worth up to 25% of their initial deposit as well as 10% bonuses on all further deposits, and VIP high volume trading clients also benefit from several perks such as a personal trading concierge, access to private clubs and chat rooms and exclusive trading tools.

Mobile

Like most binary options brokers today, Option Rally have provided a 100% web based trading interface so that clients have no need to download or install any memory intensive trading software that ties them to their PC. With their web based platform, clients can access their account from any active internet enabled device anywhere in the world and at any time, and can execute trades more quickly than ever before. Option Rally also have a trading mobile app to facilitate trading from smartphones, Android tablets and iOS systems. These trading apps can be downloaded free of charge and make a really easy and quick way to access trading accounts from the palm of your hand at any time of the day or night.

Deposits and Withdrawals

Option Rally has many ways in which clients can make a deposit quickly and easily. These include:

  • Domestic and international bank transfers
  • Credit cards
  • Skrill
  • Safecharge
  • Sofort
  • Powercash21
  • Optimal Payments Ltd

The minimum amount which is accepted as a deposit for an Option Rally account is 250 Euros.

Withdrawals are also quick and easy to action through the client’s account and can be made via bank wire or credit card. Withdrawal requests are processed on the same day if received by 1pm GMT or the following working day if received after that time. Credit card withdrawals take around 5 to 10 business day to be received whereas bank wire transfers will generally be received within 9 business days.

Option Rally charges a service fee of between 3 Euros and 25 Euros depending on the type of withdrawal transaction carried out and the amount being withdrawn. There is a minimum withdrawal amount of 100 Euros for wire transfer transactions.

Customer Support

The Option Rally customer service team can be contacted via a number of methods including by:

  • Live Chat
  • Email
  • Telephone helplines
  • Fax
  • Web Form

Customer support helplines are available from 7 am until 7 pm GMT.

There are telephone lines in both the UK and Cyprus and there are 11 different email addresses to ensure that enquiries are immediately addressed to the most relevant team. These addresses include those for:

  • Customer Support
  • Technical website queries
  • Technical deposit queries
  • Technical withdrawal queries
  • Trade Disputes
  • Compliance
  • Finance
  • Affiliates
  • Education
  • Suggestions
  • Business Development

The website is also available in 7 languages:

There is also a useful frequently asked questions section of the website to address any simple commonly posed queries.

Extra Features and Resources

Option Rally has a useful educational resource section designed to help clients at all levels of experience to hone their skills and to learn more about the financial markets. There are webinars, courses and ebooks to choose from all aimed at all levels from beginners right up to those with plenty of experience who want to widen their knowledge and maximise their chances of success. There are also daily and weekly market reviews, an economic calendar, up to date financial news and analytical graphs and charts to assist traders.

Verdict

If you are considering choosing Option Rally as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:

  • Cutting edge trading software that is suitable for use by both experienced and novice traders
  • 100% online trading interface requiring no installations or downloads
  • Mobile trading app for both Android and iOS devices
  • Instant customer support via the live chat facility
  • Helplines in both Cyprus and the UK
  • Multilingual website
  • Free educational resources for clients at all levels of experience including ebooks and tutorials
  • Strong SSL encryption across the website
  • CySEC regulated
  • Segregated accounts
  • Welcome bonuses are available for all clients
  • VIP accounts with extra perks and advantages
  • Analytical tools
  • Market news and economic calendar
  • 150 assets to choose from
  • Islamic trading accounts available
  • Limited hours when support is available

Does it cost anything to register with Option Rally?

The client does not have to pay a fee to register with Option Rally and there are no hidden charges to worry about.

Are my funds safe with Option Rally?

Option Rally is a CySEC regulated and licensed broker so you can be sure that your money is in safe hands. All transactions are protected by SSL encryption and client funds are also held in segregated accounts. There are strict regulations surrounding compliance which must be adhered to, so clients can rest assured that their personal and financial data is secure.

Are there different account types with Option Rally?

Option Rally offers four different account types for clients at all levels of experience. There is a Mini Account, Silver Account, Executive Account and VIP account, all of which offer different features, however all come with a welcome bonus of either 15% or 25% and access to weekly and daily market reviews as well as 10% extra bonus on all future deposits. Higher level accounts also offer additional perks such as personal account concierges, free daily trading tips, a free ebook and one to one sessions with an expert. There is also an Islamic account which complies with Sharia law and pays no interest on positions held overnight.

Does Option Rally offer educational resources?

Many brokers today offer ebooks and courses for their clients in order to widen their knowledge of the financial markets. Option Rally also do this and have webinars, ebooks and video courses aimed at both beginners and more advanced traders to help them to hone their skills and learn more about how to be successful. There is also a glossary of commonly found trading terms so that beginners can see at a glance all of the most relevant vocabulary. The frequently asked questions section of the website also gives plenty of essential information about the basics of binary options trading so that you can get off to a good start.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Choice For Experienced Traders! 2nd place in the ranking!

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