OptionRally is a binary options trading platform with a focus on Asian countries like Turkey, Saudi Arabia, China, Japan, Philippines and Indonesia. It has its headquarters in Singapore. However OptionRally is a brand of the global Intercapital SM Ltd., located in London. You can carry out binary options trading in assets like stocks, currency pairs, commodities and indices. OptionRally realizes that many of its customers would lack experience and offers a number of features to educate them.
The LiveTrader platform of OptionRally is optimized for desktops, Apple iPhones, Android smartphones and tablets. All formats are configured for easy navigation, display the required charts and offer the same trading functionality. The platform allows binary options trading across stocks, indices, commodities and pairs of currencies. OptionRally recommends trading in indices for newcomers. There is less volatility than in individual stocks and trends are easier to predict. In binary options you are required to predict whether the price of the chosen asset will be more or less at the expiration period than the present price.
You can open different types of accounts on the OptionRally platform depending on your needs. Mini Trading Account is ideal for new traders because it functions with low exposures and offers basic market reviews. Standard Trading Account offers greater analysis tools to help you make more informed decisions. Once you have acquired basic expertise and are ready to engage in binary options trading in a professional manner you should move to Executive Trading Account. VIP Club Account is for high volume traders. One of the highlights is one-on-one interaction with experts.
The first point of support should be the FAQ section at the web site. This is extremely comprehensive. OptionRally offers different phone numbers for different countries ensuring that you get support in your own language. Different e-mail addresses have been provided for different types of queries. The general address is email@example.com. In addition you can use the online form. However, live chat is the best option because it is free and elicits an instantaneous response.
Deposit & Withdrawal methods
OptionRally operates in the USD and EUR currencies. The minimum deposit after the first one is $250 and there is no maximum deposit. Higher minimum limits may be specified for certain deposit options. Wire transfer is the most common deposit option. OptionRally accepts credit cards from Visa, American Express and MasterCard. CashU, InPay and WebMoney are other deposit options offered.
You can withdraw funds either to your credit card account or to your bank account via wire transfer. The minimum withdrawal amount is $100. OptionRally does not charge any fee for withdrawals.
OptionRally offers both a welcome bonus for new accounts and regular bonuses thereafter. The amount of bonus is related to the type of account. The Mini Trading Account has a welcome bonus of 10% and redeposit bonus of 15%. The VIP Club Account has a welcome bonus of 25% and redeposit bonus of 10%.
OptionRally is a great site for online binary trading, particularly if you are from an Asian country. The trading options are the standard ones, but the back-up facilities are excellent. The Help and FAQ sections are comprehensive and there are many options for accessing customer support. As you gain expertise you can move to higher account levels and enjoy greater benefits. Being able to trade on smartphones and tablets will be useful for traders on the move.