The OptionRally binary options brand has undergone a series of ownership changes and is currently owned by TCM Investments Ltd. The company is licensed to offer binary options trading by the Belize International Financial Services Commission under IFSC License number: IFSC/60/422/TS/15.
PLATFORM AND TRADE TYPES
The company started off originally with the SpotOption platform but has transitioned to the LiveTrader platform. This is a proprietary trading platform and offers traders several versions for the desktop computers, iPhones, iPads and Android devices.
OptionRally offers the following binary options contracts for trading:
⦁ Binary Options: This is where the trader can trade the Call/Put options.
⦁ Pair Options: Allows the trader to trade the performance of one asset against another asset that is listed in the same market sector e.g. Google vs Apple, Pepsi vs Coca Cola or Total vs BP.
⦁ Long Term: This is the option trade that allows the trader to set Call/Put trades that last for 24 hours, one week, one month, three months and six months.
⦁ Short Term: This is the Call/Put trade with the short expiry times of 60 seconds, 2 minutes and 5 minutes.
⦁ Trader Follow: This is the social trading suite where you can follow one or more of the experienced traders on the platforms.
These trade types are available on all the computer and smartphone/tablet devices where the LiveTrader works. All mobile apps can be downloaded from the respective stores.
OPTIONRALLY DEPOSITS AND WITHDRAWALS
OptionRally is flexible when it comes to making account deposits and also withdrawing profits that have been made from trading. The following means of transaction are available for use:
⦁ Credit cards can be used to make instant deposits. Acceptable cards are those which are issued by VISA, MasterCard and AmEx.
⦁ Bank wires are a universal method which is useful for those who are not on the card payment acceptance list.
⦁ E-wallets such as CashU and Inpay.
Minimum deposit with any of the transaction channels is $200. Bank wires incur a charge of $25. The minimum withdrawal amount is $100. OptionRally does not impose a ceiling on deposits or withdrawals.
BONUSES AND PROMOTIONS
Bonuses on OptionRally depend on the account type. Therefore, you can expect the following bonuses depending on the type of account you decide to open:
⦁ Mini Account: 15% welcome bonus and 10% re-deposit bonus.
⦁ Standard Account: 20% welcome bonus, and 10% re-deposit bonus.
⦁ Executive Account: 25% welcome bonus and 10% bonus for subsequent deposits.
⦁ VIP Club Account: Free tablet device after performing trade volume of $15,000. Also travel benefits and additional support.
Customer support on OptionRally can be reached via live chat, email and phone.
⦁ Phone number: +41-43-5507311.
⦁ Online form
⦁ Email: firstname.lastname@example.org
PROS AND CONS
⦁ Mobile apps ensure trading on-the-go is possible.
⦁ Good customer service
⦁ User-friendly trading software
⦁ Regulated broker
⦁ No demo account available for traders without live accounts.
OptionRally is one of the best binary options broker. They treat clients well and offer a personalized trading experience that even their competitors are trying to replicate. Beginning and experienced traders are advised to use brokers like OptionRally.