Headquartered in Lagos, Nigeria, Rally Trade is an award-winning online financial services provider that offers online brokerage services to over 5,000 loyal clients. They provide traders with the MT4 and Xstation platforms for trading multiple financial instruments across different asset classes, including forex, commodities, precious metals, shares, indices, and more. The broker is bent on providing traders with financial freedom through favorable trading conditions, such as multiple account options, advanced technology, leverage of up to 1:1000, and more. There are various learning resources, useful trading tools, and a reliable client support team. The minimum deposit required to start trading is $100.
Rally Trade Review Introduction
In this Rally Trade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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Rally Trade Platforms & Tools
The broker provides traders with the Rally XTrader 5 and MT4 trading platforms.
The Rally XTrader 5 is a proprietary trading platform that is designed to ensure the seamless trading of multiple financial assets. The Rally XTrader is available in web and mobile versions. The platform is replete with various helpful trading tools, including trading calculators, advanced chart trading, trader statistics, technical analysis, and more.
The MT4 platform is designed to give you a seamless trading experience with abundant helpful trading tools and advanced features. Some of the essential features of the MT4 trading platform include charting tools, market indicators, scripts, expert advisors, advanced risk management tools, real-time market execution, and more. The MT4 trading platform is available as a desktop application for Windows and Mac computers and a mobile app for Android and iOS devices. In addition, the web version can run directly on most modern web browsers — Chrome, Safari, Firefox, and Edge — without needing to install any additional software.
There are various useful trading tools on the broker’s website to enhance the overall trading experience of clients. These useful trading tools include trading signals and an economic calendar that shows the schedule of future market events and their expected impacts on the financial markets.
Rally Trade Research & Education
The broker’s website is packed with various learning resources, including technical analysis, webinars, seminars, books, tutorials, and market news that keeps traders in the know of the latest events that take place in the financial markets.
Rally Trade Trading Accounts
Rally Trade offers three live trading account options. Each of the accounts has a unique minimum deposit requirement as follows: Basic ($100), Standard ($500), and Pro ($1,000) accounts.
Rally Trade Account Funding
The broker allows traders to deposit and withdraw funds to and from their live trading accounts using any of the following payment methods: bank transfers, credit/debit cards, and some online payment gateways, including Neteller and Skrill.
Rally Trade Customer Service
All clients’ general, technical, and account-based inquiries are sent to a knowledgeable clients’ support team. The support team can be reached via telephone, email, social media, Live Chat, or by visiting the broker’s physical office in Lagos, Nigeria.
Rally Trade Regulation
Rally Trade became a member of the Financial Commission in November 2016. The Financial Commission provides brokerages and their customers with an unbiased 3rd party mediation platform that helps to resolve complaints in instances when parties are unable to agree on disputes directly.
Rally Trade Review Summary
Founded in 2016, Rally Trade is an online trading broker that offers access to multiple financial assets using the MT4 and a proprietary trading platform. They provide traders with educational resources, helpful trading tools, and a knowledgeable client support team. There are various account options to choose from with a minimum deposit of $100.
It is worth mentioning that some of the trading products and services in this Rally Trade review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Rally Trade broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.