Rallyville Markets Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- VFSC
- 2020
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- VFSC
- 2020
Our Evaluation of Rallyville Markets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Rallyville Markets is a high-risk broker with the TU Overall Score of 2.91 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Rallyville Markets clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Rallyville Markets ranks 321 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Rallyville Markets is a quite typical broker. It has a lot of assets from different groups, moderate leverage, and a copy trading service. At the same time, there is only one live account type with spreads starting from 0 pips. These conditions seem to be advantageous, especially when there are no withdrawal fees. A free demo account is available to explore the site and develop strategies, but this is not a unique advantage. This broker does not offer educational programs or comprehensive analytical tools, but these disadvantages are not crucial. The advantages are the availability of MT4, daily signals and regular expert reports, and prompt technical support.
Brief Look at Rallyville Markets
Rallyville Markets is a Forex and CFD broker. There are several dozens of currency pairs and CFDs on indices, precious metals, and crude oil. There is a demo account and a Real account. On Real, spreads start from 0 pips with no fee. Only MetaTrader 4 (MT4) is available for trading. This broker’s proprietary copy trading service is the only passive income option. There is no training, no special tools for technical and fundamental analyses, and no promotions for new clients. However, this company's experts provide free signals, as well as weekly and monthly reports with a review of current trends. Rallyville Markets is regulated and licensed by the Vanuatu Financial Services Commission (VFSC).
- Demo account is free, while to open a live account, a deposit of $100 is required;
- Traders do not need to choose the best account type, as this broker offers transparent and understandable conditions;
- Dozens of assets from several groups provide for forming a diversified portfolio, and leverage of 1:400 increases the profit potential;
- Traders work through MT4, which can be easily and quickly customized using plug-ins;
- Spreads start from 0 pips, and, in general, traders’ costs are much lower than those of most brokers;
- Copy trading service provides for passive income;
- Technical support can be contacted 24/5 by phone or via tickets.
- Deposits are made only using a bank account, wire, and some crypto wallets;
- There is no economic calendar, calculators, Autochartist, and other tools on this broker's website;
- Residents of a number of countries cannot become clients of this broker.
TU Expert Advice
Financial expert and analyst at Traders Union
Rallyville Markets is a trademark of Rallyville Markets Ltd. This company is registered in Hong Kong and Sydney and is regulated by the Vanuatu Financial Services Commission. This company is relatively young, but it is actively developing and expanding its audience. There are no confirmed facts of this broker's non-fulfillment of its obligations to its clients.
Rallyville Markets offers only two account types, which are demo and Real. The demo is free, while to open the Real account a minimum of only $100 is required. There are no bonuses or promotions, although this is a great method of attracting clients.
Spreads start from 0 pips, and this is a profitable indicator that not all brokers can offer. Trading fees are not charged, which significantly reduces traders’ costs. There are many assets, including currency pairs, oil, precious metals, and indices. Traders have the opportunity to use different strategies, effectively diversifying risks. Leverage up to 1:400 is considered optimal by experts.
This broker offers a proprietary copy trading service with equally convenient conditions for investors and signal providers. Unfortunately, there are no joint accounts or referral programs. But more importantly, this broker lacks training and analytical tools. This is partly offset by free signals and regular expert reports.
Regional restrictions are standard. However, this broker does not provide any tools to automate routine steps, such as a margin calculator, which can also be regarded as a disadvantage. Another nuance is that deposits and withdrawals are made only through a bank account, the wire system, and crypto wallets. These minimal options will not suit many traders who may refuse to work with this broker. Also, there is no withdrawal fee. In general, this broker is far from perfect, but it may be recommended for review.
Rallyville Markets Summary
| 💻 Trading platform: | МetaТrader 4 |
|---|---|
| 📊 Accounts: | Demo and Real |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Bank transfers, wire, and crypto wallets |
| 🚀 Minimum deposit: | $100 |
| ⚖️ Leverage: | Up to 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 0 pips |
| 🔧 Instruments: | Currency pairs, CFDs on indices, precious metals, and crude oil |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: |
One live account plus free demo; Minimum deposit is $100; Tight spreads start from 0 pips; No trading fees; No withdrawal fees; Only MetaTrader 4 is available; Copy trading service with daily signals and weekly and monthly reports. |
| 🎁 Contests and bonuses: | Yes |
If a broker offers multiple account types, their conditions can vary greatly. Rallyville Markets only has one live account type, which requires a minimum deposit of $100. Leverage depends on the traded instrument. It can also depend on the account type with some companies. Rallyville Markets’ trading leverage ranges from 1:1 to 1:400. It is also possible to trade without leverage. The maximum leverage is available for currency pairs. This broker's technical support is rated as prompt and competent and is available 24/5. There are two communication channels, such as a call center and tickets on the website, with a response by email. Unfortunately, there is no live chat.
Rallyville Markets Key Parameters Evaluation
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Trading Account Opening
To start working with this broker, register on its website, go through verification, and open a live account. Next, make a minimum deposit, download the trading platform, and start trading. TU experts have prepared the below step-by-step guide on registration, and also briefly describes the features of the user account.
Go to this broker's website. In the upper right corner, select the interface language and click the “Open Account” button.
Enter your first and last names, phone number, and email address. Create a password. Enter a promotion code, if any, and click the “Next Step” button.
Click the “Send” button. An email with a code will be sent to the provided address. Enter the code in the appropriate field on the website and click the “Register” button.
Enter your verified email and password. Go to the “Personal Profile” block. Fill in all fields, including verification data. Scans/photos of supporting documents are required.
Go to your user account. The Real Account block is located at the bottom of the screen. Select your account options and follow the on-screen instructions to open it.
Now go to the “Deposit” section. Select a deposit channel (further instructions depend on it). Fund your account to start trading.
Go to the “Download” section. Choose the appropriate distribution of the trading platform. Download and install it on your device. Launch the platform and start trading.
Main features of the user account:
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Home page. It provides for making a deposit, withdrawing funds, opening/closing a live or demo account, and getting a summary of active accounts;
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Trading. Here you can view open positions, pending orders, transaction history, and other information on open and closed accounts;
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Personal Profile. This section provides for filling and editing personal data, verification, and entering information for the deposit/withdrawal of funds;
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Notifications. Here traders can view this broker’s alerts for important matters;
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Download. In this section you can download MetaTrader 4 distributions;
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Ticket. It provides for contacting technical support, tracking the status of requests, and receiving responses from managers.
Regulation and safety
When it comes to brokers, official registration and regulation are the guarantors of economic and information security of trader funds and personal data. Rallyville Markets is officially registered in Hong Kong and Sydney, and is regulated by VFSC, which is one of the most reputable regulators. It is offshore, but it is quoted high in its segment. Thus, traders are potentially protected from illegal actions by this broker and, in case of a dispute, they can apply to the regulator for assistance.
Advantages
- This broker is registered in 2 countries
- Rallyville Markets is officially regulated by VFSC
Disadvantages
- Non-residents of Hong Kong and Australia are not protected by local authorities
- Traders can apply only to VFSC
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Real | $1.2 | No |
Additionally, withdrawal fees concern traders. The Rallyville Markets website states that if funds are withdrawn to a Hong Kong bank, there will be no fees. If the transfer is made to a bank from any other region, there will be no broker’s fees, but the bank may charge one. TU experts have compiled a comparative table that shows the average trading fee of Rallyville Markets and two of its competitors in the segment.
| Broker | Average commission | Level |
|---|---|---|
|
$1.2 | |
|
$1 | |
|
$8.5 |
Account types
Usually, if a broker offers several trading account types, traders should be very attentive when making a selection. Rallyville Markets offers only one account type with comfortable and equally favorable conditions for all its clients. This broker also provides only MetaTrader 4. This platform is functional, time-proven, and receives only the best ratings. So, the only thing a trader must focus on is the asset pool. Currency pairs, indices, precious metals, and crude oil are enough to trade according to most personal preferences and helps to form diversified investment portfolios. Moderate leverage is a big plus, which helps increase profit potential and make good money even with a small budget.
Account types:
If a trader has never worked with Rallyville Markets before, the best practice would be to open a demo account first. It provides for exploring the site and its potential. Moreover, this is a good opportunity to test your strategies. There are no financial risks, because users work with virtual currency. Further, if traders are satisfied with the conditions, they should open a Real account and begin to execute full-fledged trades in international financial markets.
Deposit and Withdrawal
If traders work on a demo account, they trade with virtual currency, and thus, they do not make real profits;
When they switch to a live account, they begin to earn money subject to successful trades;
This broker's clients can at any time submit withdrawal requests in their user accounts on the website;
Profits can be withdrawn to a bank account, crypto wallet, and via wire. Most major banks are available;
If a trader has an account with a Hong Kong bank, no fees are charged, while banks from other regions may charge fees;
On its part, this broker does not charge withdrawal fees;
There are no restrictions on the minimum withdrawal amount or the number of withdrawals;
Usually, the withdrawal takes from 1 to 3 business days.
Investment Options
Many brokers implement various investment programs to provide additional income opportunities. But since the vast majority of traders come to brokerage companies to trade actively, the presence/absence of this or that investment solution cannot be considered as an important advantage or a crucial disadvantage. However, if there is such an opportunity, many traders will definitely take advantage of it. Rallyville Markets offers a copy trading service, however there are no PAMM or MAM accounts.
Copy trading
Most top brokers have a similar service, and it works the same for everyone. Traders can register as signal providers or investors. Signal providers trade as usual and broadcast their trades to interested investors. Investors study the providers’ ratings, track their success and professionalism, and connect to those who seem the most qualified. They automatically copy the provider's trade to their accounts, but can limit it by the amount (for example, bet $200 instead of $500). If the provider's trade is successful, everyone receives a profit in accordance with their proportional bets. Providers also earn on fees they charge from investors for their services. If the trade is unprofitable, everyone loses their money, including the provider. Copy trading can contribute to a trader’s earnings. If investors connect to experienced providers, they can transparently observe their decisions and thus gain unique experience.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Customer support
There can be situations when traders miss something or do not notice some important information. If a question arises, traders call or write to technical support. If specialists respond quickly and solve the problem, traders continue to work with a company. If a broker's managers give a slow answer or are not able to resolve the issue, traders may become disappointed and go to a competitor. Rallyville Markets’ client service works around the clock on weekdays. You can contact managers by phone or using the ticket system on the website.
Advantages
- Several communication channels are available
- Technical support is highly competent
- Managers are available round the clock on weekdays
Disadvantages
- Support is not available on weekends
Whether you are Rallyville Markets’ client or just intend to become one, contact support by:
call center;
tickets on the website.
Note that the response to the ticket will be sent to the specified email or to the user account, if the ticket is generated there. The call center is multichannel. Calling the support is the best option if you need a prompt response.
Contacts
| Foundation date | 2020 |
|---|---|
| Registration address |
Level 30/201 Elizabeth St, Sydney NSW 2000 Hong Kong: RM C, 13/F, Harvard Commercial Building, 105-111 Thomson Road, Wan Chai, Hong Kong |
| Regulation | VFSC |
| Official site | https://rallyvilleglobal.com/ |
| Contacts |
+61 2 9261 2979
|
Education
Some brokers offer training materials. These can be eBooks, video guides, or audio podcasts. There are companies that hold free webinars with experts. However, in most cases, brokers are limited to FAQs and articles. There are no educational resources on the Rallyville Markets website. And this is normal, because the website is simple, having all the necessary information on its main pages. MT4 is well known, so this broker does not consider it necessary to talk about it. This broker could provide other materials, but it does not. In fact, this policy cannot be called a disadvantage, because if traders come to this broker, they must already have certain knowledge, and then they further develop their skills by practicing regularly.
Thus, it does not matter whether you are a novice, mid-level, or professional trader. Rallyville Markets will not offer you any theoretical knowledge, believing that since traders have come to the site, they are ready to trade independently. However, there is the copy trading service, which many market participants consider to be the best teacher. After all, investors monitor all the actions of signal providers. And if providers are professionals, the analysis of their decisions is priceless.
Comparison of Rallyville Markets with other Brokers
| Rallyville Markets | RoboForex | Pocket Option | Exness | Octa | AMarkets | |
| Trading platform |
MetaTrader4 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MetaTrader4, MetaTrader5 | MT4, MT5, AMarkets App |
| Min deposit | $100 | $10 | $5 | $10 | $25 | $100 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0.6 points | From 0 points |
| Level of margin call / stop out |
No | 60% / 40% | 30% / 50% | No / 60% | 25% / 15% | 50% / 20% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | No |
Detailed review of Rallyville Markets
Rallyville Markets Ltd is relatively new to the global market, but it has an excellent technological stack that meets today’s standards. This broker also works with tier-1 liquidity providers. Order execution does not exceed 30 ms. This company has a proprietary copy trading service. Transactions are made as quickly as technically possible. For example, withdrawals take 1-3 days, which is standard for banks. This broker uses virtual servers, allows its clients to trade around the clock, and does not impose any restrictions on them. It uses the SSL protocol, which ensures the data that is transferred between a client and a server remains private. Clients' money is held separately from this company's operating funds. Thus, protection of funds and data is at the proper level.
Rallyville Markets by the numbers:
Minimum deposit is $100;
Minimum spread is 0 pips;
Trading fee is $0;
Withdrawal fee is $0;
Maximum leverage is 1:400.
Rallyville Markets is a universal broker with great opportunities
If a broker offers many assets from different groups, this is always a plus, because the more trading instruments available to traders, the wider their strategic opportunities. And it also provides for forming a diversified investment portfolio, in which a loss in one asset is counterbalanced by the stable and progressive positions of others. Leverage of 1:400 increases profit potential, but is less risky than leverage of 1:1000 and more. The combined low trading costs and the absence of withdrawal fees are attractive conditions. Finally, MetaTrader 4 is easy to learn, functional, and convenient. But the main thing is that MT4 is easily customizable and adapts to a specific user through hundreds of free plug-ins.
Useful features of Rallyville Markets:
Copy trading service. Signal providers earn on fees charged from investors. In their turn, investors trade with reduced risk, and receive passive income and unique experience;
Since this broker has only one live account type, all users receive equally favorable conditions, such as tight spreads, no trading and withdrawal fees, and leverage up to 1:400;
This broker does not have analytical tools, but free signals for MT4 are available to traders every day. Also, they are provided with a report with trend analysis and forecasts several times a month, which makes trading a lot easier.
Advantages:
This broker provides transparent conditions. There are no hidden fees and everything is known in advance;
A demo account is free, while to open a live account, only $100 plus standard verification is required. The entry threshold is quite low;
Costs are minimized. Spreads start from 0 pips, there are no trading and withdrawal fees;
Traders work through MT4, which is considered the top solution. It is equally convenient for users with any level of trading experience;
This broker's technical support is highly rated by its users. There is a call center and tickets on the website. Support is available 24/5.
User Satisfaction