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Is OptionRally a Scam Broker?

Is OptionRally a Scam Broker?

When dealing with online trading it is always important to do your research.  “Forewarned is forearmed” after all.  So before we recommended people to OptionRally, we wanted to investigate them.

As it turns out, OptionRally.com is a strong broker who works with their traders to help them profit and we believe they are a great platform for both new and advanced traders.

Their main job as a binary options platform is to support their traders and make sure that traders have every resource available to make profitable trades.  OptionRally brokers push their clients to invest to trade, but they also make sure their clients are trading responsibly and with appropriate knowledge.

Why you should Join OptionRally

  1. Educational Resources:

To make sure traders are well informed about how to safely and appropriately trade binary options, OptionRally has a well built and stocked education center.

They have partnered with ITA, Investors Trading Academy, to provide traders with webinars, ebooks, glossaries, and informative videos.

All of that information is just to teach traders how to trade and how to best profit from investing in binary options.

OptionRally also offers its trader's a daily market review to inform them of the movement on the market and to help enhance trader's understanding of which trends specific assets are following.

A trader with OptionRally has a rich educational support system to help them build their trading confidence and success.

  1. Strong Support and Security:

From the beginning, support at OptionRally is strong.  They will call you and are available to help traders with any questions they might have.

OptionRally assigns each trader their own friendly personal account manager who goes out of their way to make sure traders understand and are making solid trades.

If you can't get in touch with your account manager, you can reach them via live chat, support @ optionrally.com, their support phone numbers, or even on social media.

They also offer great support and security when it comes to withdrawals.  They want to ensure that your money is going to the right person and are with you every step of the withdrawal process.

There have been some comments in the past about frustration with OptionRally's withdrawal process and customer support.  However, further investigation with those clients showed that they a) hadn't done their research and had lost money or b) hadn't understood the withdrawal process and lacked some of the documents or the ability to send the documents.

If you are a smart trader and know what you are doing then you will have no problems.  It also helps to make sure you depend on the resources they give you and don't just try to start trading with no background.  If you follow what your trading advisor tells you and do your homework, then OptionRally can help you succeed.

  1. Regulation:

OptionRally is regulated with CySEC, the Cyprus Securities Exchange Commission.  You can check out their regulation here: http://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37625/.  While this only covers members of the EU, OptionRally still holds itself to the regulatory standards when attending to traders from other countries.

Having a regulated broker makes all the difference because if they are not following regulation, then they can be reported.  It holds OptionRally to a higher ethical standard when working with traders and helping those traders make investments.

Join OptionRally.com

Realistically, OptionRally has had some problems in the past.  They occasionally had problems with their site and the withdrawal process used to be much more complex.  However, OptionRally listened to feedback from reviews and has made strides to change their platform to better suit the customer's needs.

With those changes, OptionRally is absolutely better than most of the brokers out there and you can tell that they are really putting in the effort to provide traders with strong support and opportunities.  We think that’s what matters most, having a broker who cares about their traders and wants them to succeed.

When you are looking at which binary options company to go with, OptionRally is a great choice and one we are sure you won't regret it.

2 Replies to “Is OptionRally a Scam Broker?”

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