In this Rally Review, we are going to take a look at the offer that this broker prepared for its traders. Rally operates on the financial market since 2016. When it comes to trading platforms, the broker features MT5 and MetaTrader 4. The Rally minimum deposit is 100 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this Rally Review
| Website address: | rally.trade |
| Operated by: | FRNG Limited. |
| Licensed and authorised by regulatory bodies: | MiFiD |
| Supported languages: | English |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +234 901 874 0318 |
| Available deposit methods: | Bank transfer, Debit and Credit Cards, Neteller, Paypal, Skrill |
| Available withdrawal methods: | Bank transfer, Debit and Credit Cards, Neteller, Paypal, Skrill |
| Minimum deposit: | 100 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 2,0 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex, commodities, indices |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | MT5 |
| Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:1000 |
| Social trading: |  |
Rally Fees (typical spreads)
We have scanned fees (typical spreads) that Rally charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 2,0* | * | * | * | * |
*Typical spreads were recorded on 17.09.2020 at 10:00 for the standard account. Rally spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Frequently Asked Questions
🧐 Is Rally a Scam?
In accordance with our research, Rally is a broker licensed and regulated by the MiFiD. While it is a good thing that the broker is regulated, the MiFiD regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that Rally is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the Rally minimum deposit?
In order to start trading with Rally, you have to deposit at least 100 USD (Trading accounts can also be held in USD, EUR, GBP, AUD, CHF).
📵 What deposit and withdrawal methods Rally supports?
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 29.09.2024 at 11:42 GMT.
Rally Trade is pure scam……. Those people are just after your money.
For them you should just be funding without withdrawal, the day you place a withdraw from your account, its trouble for you.
They do promos for bonus on funding your account, you fund your account and they never give you any bonus.
They without notification deliberately deduct credit from your account to shut you out on open trades especially when you are on negatives just to blow up your account to their profits. Check all reviews online about them, u will never see any positive review. A word is enough
Rally Trade please give a reply to the above allegation or comment. Is that the way you operate, taking investors money to your own advantage? Silence may mean acceptance.
this broker is scam, you can deposit but you can withdraw, scammers
From my experience with Rally Trade every transaction with them as been good. They take time to train you before you start trading and withdrawal so far with them as been seamless
mr adeoye you done collect money show your proof because I have proof to backup mine i can possible says that they are scam.
I have been with Rally Trade for years and I have not had a situation where I did not get my withdrawal processed! I was required to do a one time verification on my first withdrawal. Subsequent withdrawals was seamless. They’re doing really well!
how do you get your money?
pls rally trade how will I withdraw my money