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RallyTrade positions itself as an international online broker that provides services to developing countries. The company promises comfortable trading, low commissions and advanced technologies. Features of the commercial offer: a wide range of assets (currency pairs, commodities, indices and options), MT4 and xStation are used as trading terminals, the minimum deposit is $100, there are opportunities for margin trading with a leverage of up to 1:1000.
According to legend, the company received the “BEST NEWCOMER IN THE REGION – AFRICA” award and is regulated by the Financial Commission. There is also a certificate of incorporation number on the site (1288748). There are no scanned copies of legal documents on the site. However, we have learned that the brand is run by FRNG LTD from Nigeria.
RallyTrade does not provide information on experience in the financial markets. Thanks to the specialized whois service, we found out that the broker has been operating since 2016. There are customer reviews on the platform, the feedback is positive. However, on thematic forums the opinion is different. Users write that the company has problems with trading and financial discipline.
RallyTrade is a little-known broker, although it has been providing services for quite a long time. The company provides a registration certificate number, but this is not enough to legally provide brokerage services. A license is required to legally operate in financial markets. There are many negative reviews about this broker on the Internet; users do not want to cooperate with it. What do you think? Post reviews and share your personal opinion.
This is a scam! The company deceives users! It only imitates the trading process and does not allow them to take away even their own investments. I don’t recommend registering here.
This fake broker stole almost $2,000 from my parents. They didn’t know that the company was only making empty promises. By the time they realized the scam, but it was too late!