Option Rally is a binary options broker who was founded in 2011. Option Rally is operated by TCM Investments Ltd, and uses the highly popular Spot Option trading platform. Option Rally is not licensed and regulated by CySEC, but I do see they have gained license and regulation by the Belize International Financial Services Commission.
It seems Option Rally is quite popular in many European countries, and especially Islamic areas because they offer a well managed Islamic account system.
Traders can use many varieties of systems in the Option Rally platform including 60 second up to 5 minute options, ladder options and pair options. Returns can be up to 88%.
The Option Rally website is available in many languages including English, Arabic, Russian, Japanese and more.
Another great resource at Option Rally is their extensive supply of binary options trading education. Option rally offers ebooks, videos and more that can help you understand the methods and means of trading in binary options.
Option Rally Deposit Terms & Conditions
Once you have created an account with Option Rally, depositing is quite easy. There are many ways to deposit, but the most common method is with a credit or debit card. You just simply click the deposit button in your account and choose the way you would like to deposit. You must be over 18 years of age to do so.
Deposits at Option Rally must be $250 or more. After depositing, Option Rally may email you to request certain documents to abide by anti-money laundering regulations. It is wise to send the documents they request quickly, as that will make withdrawing a simple process. Documents they will request are:
- A government photo ID or notarized copy of your passport
- A utility bill showing your name and address
- A copy of credit card/s used to deposit in your account
and written confirmation of your instructions to perform activities through their Service
Option Rally Bonus Terms & Conditions
While Option Rally does offer some great bonuses, you will want to consider the terms that come with those bonuses. If you accept a bonus, you must trade in volume 30 times the bonus amount before you are able to withdraw. Yes, you can withdraw, but any profits are considered part of that bonus until you meet the volume requirements. Also, if you accepted the bonus and your account drops below $50 and you have not met the volume requirements, that money will be considered the bonus and deleted from your account.
So, consider that if you receive a $100 bonus, you will have to make a trading volume of $3,000 before you can withdraw the bonus or any profits. You should really keep this in mind before accepting any bonuses.
Option Rally Withdrawal Terms & Conditions
Withdrawals from Option Rally are really easy as long as you sent the documents I mentioned in the deposit terms and conditions.
To withdraw, you just log in to your account and then click withdrawal request. You then choose the method you want to withdraw, and fill out the form. If your choose bank wire, the minimum is $100, and there is no minimum by credit card.
It takes 3 to 7 days for Option Rally to process your request, and it can take up to 10 days for the funds to reach your account.
I must reiterate, send in those documents immediately after depositing, and withdrawals will go much smoother.