FinRally is a broker with the focus on binary options trading. It has been operating in the forex industry since 2014.
At present, the broker’s activity is not subject to any supervisory agency. The company explains that if a broker is regulated in a particular area, it loses the opportunity to serve traders from other regions. For instance, a broker under the EU jurisdiction is not entitled to serve clients from Australia and Canada. Therefore, we advise you to get to know reviews on any broker in our rating before opening an account with that company.
To open a Bronze account, a client should deposit at least $250. After the registration, traders are provided with the opportunity to learn trading on a free demo account, a 20% deposit bonus, and a training course (E-book and a video).
A Silver account can be registered on condition of a $1,000 deposit. This account opens great trading opportunities: first 3 risk-free deals, a participation in a master class (webinar), trading protection (a client gets a 10% compensation from all losing trades back to one’s account), and a 50% deposit bonus.
A Gold account includes extra services such as a Swiss prepaid card, an individual account manager, and a 100% deposit bonus. The minimum deposit size is $50,000.
Apart from these accounts, FinRally offers active clients its own investment solutions with a preset yield rate. Traders invest their capital which is managed by the company’s analysts. The broker claims that it guarantees a return of the means invested into a fixed yield account in full regardless of trading results.
Holders of Silver and Gold accounts are invited to take part in master classes conducted by Abe Cofnas, a professional trader with 20-year experience. At his seminars, he instructs traders in theoretical and practical aspects of trading.
FinRally trading platform
All deals are executed through SpotOption, a popular trading platform to trade binary options. The web application can be used anywhere where there is access to the Internet. Trading is available on mobile devices.
The minimum trade size with FinRally is $1 and the maximum one equals $1,500.
Alongside regular features of a trading platform, StopOption with FinRally provides unique opportunities.
So, traders can conduct fundamental analysis by means of market updates and forecasts.
Technical analysis is simplified through daily reviews of tradable assets including forecasts from the technical viewpoint.
The economic calendar presents all time-sensitive news which trigger market moves.
Comments from experts are also at clients’ disposal.
Types of binary options
Clients trade several types of option contracts such as classic put/call options, Sixty seconds, One touch, Option builder, and Pairs. FinRally offers a wider choice of binary options compared to other brokers.
Clients can choose from a wide range of payment methods such Visa, MasterCard, Maestro, AMEX, and JCB bank cards. Clients can also use electronic payment system like Neteller, Perfect Money, WebMoney, Qiwi Wallet, Yandex.Money, Bitcoin, Alipay, OKPAY, and China UnionPay.
According to the information on the website, withdrawal requests are processed within 1 hour. A trader can withdraw at least $50. The broker accepts USD, EUR, GBP, and RUB for trading. FinRally does not charge commissions for depositing and withdrawing money.
Client support service
The customer support is available round the clock 7 days a week. The service deals with clients’ questions by a live chat, a callback request, email, and phone helpline for the UK, Russia, Hong Kong, and Thailand.
FinRally 2/10 (votes 2211)