RALLYTRADE

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The RallyTrade brand is operated by FRNG Nigeria headquartered in Lagos, Nigeria. RallyTrade is an international online broker that provides its services in emerging markets.

RallyTrade offers its clients the latest technology, low transaction fees, various financial instruments for trading, extensive educational programs, trading platforms and accounts tailored to individual client needs.

The broker offers a wide range of financial instruments: numerous currency pairs, various CFDs, precious metals, ETFs, as well as binary options. Trading is carried out on the MetaTrader 4 and xStation platforms.

Since there are currently no rules governing online trading and no regulator in Nigeria, since November 2016 the company has been a member of the Financial Commission (FinaCom) - an international committee for resolving disputes and claims in the Forex field. Thanks to the broker's membership in this organization, RallyTrade clients can expect compensation of up to $ 5,000. FinaCom acts as an impartial participant in resolving conflicts between brokerage companies and their clients. The Financial Commission helps simplify and expedite the dispute resolution process faster than typical regulatory bodies such as arbitration or local court systems.

In order to open an account with RallyTrade, traders must invest at least $ 100 - this is the average minimum amount compared to other brokers. The spreads on an account with a minimum initial deposit are quite high - an average of 2 pips per EUR / USD. However, on other accounts with a deposit of $ 500 and $ 1,000, the spreads are about 1.2 pips.

RallyTrade customers are offered a variety of ways to make deposits and withdrawals from their accounts. In addition, the broker has clearly indicated what fees are charged for each payment method.

RallyTrade credits a welcome bonus up to 100% of the deposit amount of the client's trading account. To apply for a bonus, you need to open a live trading account, make a minimum deposit and send a request to the manager. After the company's specialists process the information, the bonus will be automatically credited to the client's trading account.

FAQ - BROKER QUESTIONS RALLYTRADE

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Can the broker RALLYTRADE be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. RALLYTRADE received a rating of 1 out of 5 on our resource.