Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of OptionRally Trading Company
OptionRally is one of the more esteemed brokers operating on the SpotOption platform. OptionRally was the first broker to offer Mobile Trading Apps, 30 Second Trading and the all new FOREX and BINARY Options on the one unique platform. Aside from the abundant variety of innovative trading features, OptionRally offers high quality professional customer service in multiple languages. Communication to support is accepted via phone, email and live chat. OptionRally’s Education Center is top quality and it is obvious that they want traders to succeed. The Education Center includes Video Education Courses, eBooks, Live Webinars and beginner to advanced platform skills. Unique to OptionRally is a professional partnership with the acclaimed Investors Trading Academy. Members of OptionRally have benefits to access classes that ordinary traders don’t. OptionRally provides safe and secure deposits and withdrawals. The first withdrawal process requires proof of identity, however after the initial withdrawal we experienced the process to be one of the fastest. Their status among customers is outstanding and they receive few online criticisms.
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We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has OptionRally been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against OptionRally by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of OptionRally is down, not updated or operates with clear errors and some features are not available;
• OptionRally has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if OptionRally got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why OptionRally got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from OptionRally?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if OptionRally is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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