Viber RallyTrade is an international online broker providing highly competitive brokerage services to emerging financial economies.
Based in multiple locations including Lagos, Port Harcourt, and Ibadan, RallyTrade looks to offer multiple trading platforms, low commissions, low fees, and top quality technology.
Throughout this review, we will be looking to see how RallyTrade compares to the competition and so you can decide if they are the right broker for your trading needs. Account Types Should you decide to sign up with RallyTrade, you will have a choice of three different accounts.
Each one has its own requirements to open and also trading conditions, so lets briefly look at what then options are.
It uses an instant execution-style and can be leveraged all the way up to It supports micro-lots 0.
Rally trade – general overview
It has access to the educational program as well as the use of MetaTrader 4 and Rally xTrader as trading platforms. It uses a market execution-style and can be leveraged all the way up to This account opshen rally trading platform not support micro-lots 0.
Platforms There are two different trading platforms to chose from, opshen rally trading platform will briefly outline some of their features. Traders who use this platform will benefit from a variety of analytical tools and ever-growing functionality which allows for the addition of indicators, oscillators and a huge number of automatic strategies.
Traders who use multiple screens can also detach the charts from the platform. You can execute your orders directly from the charts and analyze correlations by layering two quotes onto each other. Upcoming economic events in the financial markets are ranked by importance and displayed in real-time directly on xTrader.
Market Sentiment allows you to see the orientation of trades in real-time. This tool can be used as supplementary information for your decision-making.
Assets are updated every minute and, you can execute an order instantly or define the settings of a pending order. It displays the usual information to open a trade and the characteristics of the product volume, contract value, margin, stop-loss, take profit, spread, commission, pip value, daily swap.
Leverage The maximum leverage is if using xTrader 5, if using MetaTrader 4 then you have a maximum leverage of Leverage can be selected when opening up an account and should you need to change it you will need to contact the customer service team with your request. Trade Sizes Trade sizes on the Basic and Standard accounts start from 0.
The Pro account minimum trade size starts a little higher but we are not fully clear on what it starts at.
- RallyTrade is an international online broker rendering its services in emerging markets.
- Trading stock options reviews
- How to make money 500 thousand
- RallyTrade - Drive the market - Home Page
- User Reviews Review OptionRally, founded inis a global privately held company headquartered in Hong Kong with offices spread around the world.
- Winning Stock And Options Strategies Rally Trade Demo Account – Radio Hemicycle
- Launched in OptionRally, already made it to the top along many other professional quality Brokers.
The maximum trade size is set at 50 lots which is a good limit to have. It is not known how many trades you can have open at any one time.
Trading Costs There are quite a few different commissions to go through so we have outlined them into the different accounts.
You get access to trading and all trading features, plus market information and weekly analysis.
For Equities, there is an added commission of 0. Pro Account: 0.
There are also swap charges which are fees charged for holding trades overnight, however, if you have a swap-free account the following commission is added to the account. Spreads The spreads that you get depend on the account you are using.
Other important features of the Rally trade Forex broker
The Basic account ahs fixed spreads which means they always remain the same, no matter what is happening in the markets. The Standard and Pro accounts have variable spreads which means they move about when there is added volatility they are often seen higher.
You can execute your orders directly from the charts and analyze correlations by layering two quotes onto each.
Bank wire: 50 USD.