Headquartered in Cyprus but maintaining a strong global presence, OptionRally operates under the motto “Trading on the Fast Track” and offers a dynamic, innovative environment in which interested clients can perform their online trading transactions. Speed is a recurrent theme with OptionRally, rising up to the connotation created by the second word in their name. It is then perhaps fitting that they are also official partners with a legendary name that reigns on the fast track, Formula One’s Scuderia Ferrari, with the deal being marketed under the fitting slogan “The Passion for Success”.
Many consider OptionRally as one of the dinosaurs of the binary options field. This may be true as the company has been around for a long time, almost as long as binary options trading itself, however OptionRally differs from dinosaurs as it is adaptable to the ever changing market conditions and a leader and innovator in the industry, meaning it does not face the danger of extinction, but rather looks set to further consolidate its presence and improve its market share. Traders can feel safe and secure when trading via OptionRally, since this broker is fully regulated by CySEC under license number 220/13, thus operating under the strictest rules and regulations of European standards. Moreover, client funds are segregated, while all customer personal, financial, and trading data information is secure and encrypted. Besides safety however, there are also other reasons why hordes of traders rush to OptionRally, so let us take a closer look at their offering:
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The platform
OptionRally’s trading platform is a sleek, simple and user-friendly custom-made version of the successful and popular Spot Option trading platform. The simplicity and ease of navigation is truly helpful for novice traders, while the platform’s intuitive and dynamic nature, manifested in the fact that it is packed with tools and instruments that allow advanced analysis and trading, render it a powerful weapon under the belt of the most experienced, seasoned traders. Besides the 100% web-based trading platform, which is accessible on all desktops and laptops, and via any browser or operating system, OptionRally also allows traders to execute trades and handle all personal account matters from any mobile device, through its mobile trading platforms suitable for both iOs and Android devices. In fact, OptionRally has been a pioneer in mobile trading applications, and its mobile trading solutions provide a quality interface for traders, also offering the same comprehensive asset index as the web based platform.
Assets and Types of Trading
A wide selection of trading instruments in all four asset classes (stocks, commodities, Forex pairs, and indices), totaling more than 100 different assets to choose from, mean that all traders, from novice to seasoned, will be able to find and trade on the assets that best suit their preference. Moreover, OptionRally offers way more than the standard High/Low or Call/Put type of binary options trading, with instruments on offer including Pairs, Long Term, Short Term (with 30 and 60 second options), One Touch, Ladder, and Trader’s Follow. The latter is a form of social/copy trading opportunity, since it lets traders follow and copy the trades of other more experienced investors. In a nutshell, traders are literally spoilt for choice and are able to find the best asset and instrument combination that best suits their portfolio and risk tolerance level.
Account types
OptionRally boasts one of the highest rates of return in the industry with a whopping 89%, allowing traders to make the max possible profit on every investment. Traders also have access to deposit bonuses to increase their trading capital – up to 25% for 1st deposit, and 10% for additional deposits, depending on the account type they hold. Moreover, OptionRally also offers risk free trades so that a trader can recoup losses with bonus money in the event of a loss. The four available account types for traders to choose from are the Mini Account, which requires a minimum deposit of $250, the Standard Account, which requires a minimum deposit of $1000, the Executive Account, which requires a minimum deposit of $5000 and finally the VIP Account, which is granted to those clients depositing $10000 or more. Each account type comes with its own set of perks and advantages, which increase as the deposit amount increases as well. Another distinguishing feature of OptionRally is the fact that it offers traders who follow the Islamic faith the opportunity to trade through special Islamic Trading accounts that comply to “no riba” rules, as well as allowing Hibah and Musharaka.
Deposits and Withdrawals
Banking with OptionRally is a simple and secure venture and the minimum deposit amount is set to a very reasonable 250€ or equivalent for the 1st deposit and each redeposit, while there is no maximum deposit limit. The accepted methods for depositing and withdrawing funds to and from your OptionRally trading account include all major debit and credit cards, such as Visa and Mastercard, the more traditional methods of bank and wire transfers and a big array of electronic payment or e-wallet methods, such as Webmoney, Neteller, Inpay, CashU and Skrill. There are no fees charged by OptionRally for deposits or withdrawals, although bank wires do incur a fee that is charged by your bank. All banking transactions are processed in a prompt and secure manner.
Education and Customer Support
Another top and distinguishing feature and offering of OptionRally is that it provides a top notch education center for all its clients to take advantage of, thus fully promoting traders’ learning about the financial markets and investing in general, as much as possible. True to its belief that an educated trader is the broker’s best asset, OptionRally puts at each trader’s disposal a vast array of training materials, such as webinars, eBooks and video lectures, as well as market reviews, analytical charts and graphs, and an economic calendar, all to help make their trading as enjoyable and as profitable as possible.
In terms of customer support this is readily available in a prompt, reliable and polite manner on a 24/7 basis via live chat, email, fax or phone to one of the local numbers available in 12 different locations. Customer support is also multilingual, making the help and information obtained more accessible to traders, while the website and platform are available, besides English, inTurkish, Arabic, Russian, French, German and Spanish as well.
In lieu of a conclusion one could safely argue that OptionRally is a binary options broker that is fully invested in its clientele and offers a great platform with a wide variety of trading options, complimented by first class customer support and assistance. Moreover, since it is a fully regulated trading venue, traders don’t have to worry about the safety of their funds, or whether they’ll get paid out. So, in a nutshell, OptionRally might be just the fast track highway for you to enter the fascinating world of online binary options trading!
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