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OptionRally Broker

OptionRally Broker
Broker Type Binary Options Broker
Foundation Year 2010
Markets Forex, Commodities, Stocks, Indices
Minimum Deposit $250
Payouts% 70-90
Platform Type SpotOption
Demo Account Yes
OS Compatibility Mac, Windows, Web, Mobile, iPhone, iPad, Android
Funding/Withdrawal methods Credit Card, Bank Wire, CashU, Western Union, WebMoney, Skrill
Customer Service Hours 24/5
Supported Language English, Turkish, Arabic, Japanese, Vietnameis, Chinese, Russian, German, Spanish, Italian
Accepts US Clients No
Headquartered in Cyprus
Website Visit OptionRally
Submit reviewView reviews (2)

Average Rating

View ratings
Total average

92.7/100

Ease of Access ( 93.5 )
Platform Performance ( 94 )
Reliability ( 92 )
Customer Support ( 91.5 )
Payouts Percentage ( 92.5 )

Review

A newcomer to the binary options market, OptionRally have managed to distinguish themselves from other binary options brokers with the introduction of their iPhone and Android mobile trading apps. These apps are the world’s first official mobile binary options trading platforms made for use on android Smartphone, iPhone and iPad.

Trading Platform

We tested out the OptionRally trading platform extensively during our OptionRally review, and found that in terms of trade execution, the company’s platform functions quite similarly to most other binary options trading platforms.  In a standard trade execution, you can choose between call (up) and put (down) options, and can set the expiry time easily within each option.  You can also choose between a grid view or a list view of all available options, depending on your personal preference.

If you aren’t sure what to assets to trade, you can browse the top buttons in the platform to see what is offered, or press the down arrow next to each asset listed in the main part of the platform to see a full list, and to choose each option individually.

OptionRally also offers the standard One Touch and an OptionBuilder which allows you to further customize each position.  What really struck us during our OptionRally review, however, was the company’s iPhone trading platform, which is a rarity among binary options companies.  Although we didn’t test it personally, we were impressed to see that this relatively new binary options company has set the bar for its competitors in the mobile binary options space.

Features

One thing that we noticed nearly immediately when we started the OptionRally review was that the Asset Index provided on the site offers a wide range of stocks, currencies, commodities and indices from which to choose.  Over 20 stocks are available, as well as around 15 currency pairs and a similar number of indices.  As with all binary options platforms, not all assets are available at every time, such as stocks which are based in the US that cannot be traded on a binary options platform when the US market is closed.

In addition to offering a rather substantial education center to help traders better understand the process of binary options trading, OptionRally has a short demo video that really provides a very clear insight into the trading arena.  The website also offers daily analysis of major currency pairs and other assets so that traders can get a full sense of the markets before entering their position.  Analysis of currency pairs also includes charts, which can be helpful for technical traders who are looking to test out binary options.  This is an advantage not offered by most other binary options companies.

Customer Support

OptionRally is one of the few top binary options brokers that offers customer support via email, chat and phone.  During the course of our OptionRally review, we tested the company’s chat support and phone assistance.  We were impressed that when calling the company’s UK phone number we were answered by a live representative in under 1 minute.  Chat support, however, was an entirely different story.  We tried to connect with the company’s chat support on several occasions, and were never able to reach a live representative.

Ease of Use

On the whole, we found OptionRally extremely easy to use, though we would have liked to have seen access to a practice account, which can be an invaluable tool for new binary options traders.  There’s no question that the daily analysis is helpful for traders at all levels, and that the straightforward platform can help traders place their trades quickly and easily.  What was also interesting is that while some of the best binary brokers offer all assets even those that are not available, OptionRally’s system removes assets that are not available for trading during off hours, so traders won’t be confused by irrelevant options.

Final Thoughts

Although it is a relatively new company, OptionRally has clearly put a lot of thought into making its services practical for both new and experienced binary options traders.  A quick registration process, easy funding and withdrawal methods and decent phone support make the company stand out, though we hope to see stronger chat support next time we undertake an OptionRally review.

 

Visit OptionRally

 

 

Dr.Trader

Review comments (2)

Thibaut Bussière
OptionRally Broker 85.4

Their VIP trading account has great benefits as well as high welcome bonus and redeposit bonus.

Plusses
  • Low minimum deposit to open an account.
  • Great iPhone App provided for mobile trading.
Minors No minors
Posted on September 13, 2014 7:49 pm
Michael
OptionRally Broker 100.0

OptionRally was launched in late 2011, a unique binary options broker in the present-day market. Since their announcement OptionRally has a great platform kept on growing , providing investors with the best and simplest tools needed to trade options. The main idea behind OptionRally’s trading platform is slightly different than most other binary options brokers, as the assets are arranged from the shortest expiry time (usually 30 seconds) to the longest (mostly the end of the day with a few exceptions). For example, if you click on the High\Low tab, you’ll see a list of all assets arranged by their expiry time. The first assets are those who a have the shortest expiry times, while the last one usually expires at the end of the day. Of course, a trader could also click on the High\Low tab and aftert choose indices or stocks tabs in order to view only the chosen assets.I found this platform much easy to use then most other platforms,. platform provides a better solution for most types of investors-investors will find the very attractive way of trading The average returns are 82% for major forex pairs and 70% for minor and exotic pairs., I can definitely say that OptionRally is the platform that traders want !

Regulation and Security
OptionRally is a fine choice when considering regulation and security. The company abides by and surpasses strict regulations set out by CySEC. Since 2013 OptionRally has been certified by CySEC. Traders can feel comfortable trading with us as a reason of the private information is keep strictly confidential and safe

A full five stars can be offered on the site, as it is one of the best Brokers , to provide great benefits for traders and let them feel the best way to trade with confident and security .

Plusses
  • PERSONAL TRAINER
  • 24 HOURS HELP
  • 150% BONUS
Minors No minors
Posted on September 23, 2014 8:38 am

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