Rallyville Markets Information
Rallyville Markets is an Australian forex broker that provides trading services to clients globally. Traders can access multiple markets where they can trade Forex, Commodities, and Indices. Rallyville Markets offers favorable trading conditions, with a leverage ratio up to 1:400, giving traders greater flexibility in managing their trading strategies. To open a trading account with Rallyville Markets, a minimum deposit of $100 is required.
Rallyville Markets utilizes the popular MetaTrader 4 (MT4) trading platform, which is widely recognized and preferred by traders worldwide. Apart from the MT4 trading platform.
Rallyville Markets provides customer support to assist traders with their inquiries and concerns. The availability of customer support is typically provided during trading hours, which are usually 24 hours a day from Monday to Friday (24/5).
Pros & Cons
Is Rallyville Markets Legit?
Rallyville Markets has three entities regulated in Australia, Canada, and Vanuatu, respectively.
RALLYVILLE FINANCIAL GROUP PTY LTD is regulated by ASIC, holding a Straight Through Processing (STP) license, with license no. 342771.
RALLYVILLE MARKETS SDN.BHD., is regulated by FINTRAC, holding a Currency Exchange license, with license no. M23092517.
RALLYVILLE MARKETS LIMITED is regulated by VFSC offshore, holding a Retail Forex License, with license no. 41698.
Market Intruments
Rallyville Markets provides three classes of tradable instruments, seemingly limited compard to other brokerages. Traders can trade major currency pairs, crosses, and exotic currency pairs, popular commodities such as gold, silver, and crude oil, as well as indices trading. However, some other popular products like Shares, Cryptocurrencies, Futures, are not supported here.
Account Types
Rallyville Markets offers two types of trading accounts: a live account and a demo account. The live account is designed for traders who are ready to start trading with real money. It provides access to the full range of trading instruments and features offered by the broker, allowing traders to execute trades in real market conditions.
On the other hand, the demo account is a practice account that allows traders to experience the trading platform and test their trading strategies without risking any real money. It is a valuable tool for beginners to gain hands-on experience and for experienced traders to refine their strategies.
How to Open an Account?
Opening an account with Rallyville Markets involves the following simple steps:
Step 1: Visit the official website of Rallyville Markets at https://rallyvilleglobal.com/. Click on the“Open Live Account”or“Open Demo Account”button.
Step 2: Complete the registration form by providing accurate personal details, including name, phone number, email address, and password.
Step 3: Read and accept the terms and conditions, privacy policy, and other relevant documents.
After submitting the registration form, your account will be verified, and upon approval, you will receive login credentials to access your trading account. Funding the account, exploring the trading platform, and initiating trades can then be done accordingly.
Leverage
Rallyville Markets offers competitive leverage options to enhance your trading experience. With leverage up to 1:400, you have the potential to amplify your trading power and seize opportunities in the financial markets. Leverage allows you to control a larger position in the market with a smaller amount of capital, enabling you to potentially maximize your potential returns. However, it is important to approach leverage with caution and carefully manage your risk, as higher leverage also entails higher exposure to potential losses.
Trading Platform
Rallyville Markets offers the widely acclaimed MetaTrader 4 (MT4) trading platform, known for its advanced features and user-friendly interface. MT4 is a powerful and versatile platform that caters to the needs of both beginner and experienced traders. It provides a comprehensive range of tools and functionalities to analyze markets, execute trades, and manage positions effectively.
With the MT4 platform, traders have access to real-time market quotes, customizable charts, and a wide selection of technical indicators for conducting in-depth market analysis. The platform also supports the use of automated trading strategies through Expert Advisors (EAs), allowing traders to automate their trading decisions and execute trades based on predefined rules.
In addition, MT4 offers a wide range of order types, including market orders, limit orders, stop orders, and trailing stops, enabling traders to implement their preferred trading strategies with precision and flexibility. The platform also supports one-click trading, allowing for fast and efficient trade execution.
Furthermore, MT4 is available for various devices and operating systems, including desktop computers (Windows and Mac), smartphones (iOS and Android), and web browsers. This ensures that traders can access their trading accounts and monitor the markets at any time and from anywhere, providing the flexibility to trade on the go.
Copy Trading
Rallyville Markets offers a copy trading feature, allowing traders to automatically replicate the trades of successful and experienced traders. This feature, also known as social trading.
While copy trading can be a valuable tool, it is not without risks. Traders should carefully consider the performance history, risk levels, and overall strategy of the traders they choose to copy.
Deposit & Withdrawal
Rallyville Markets allows funding your trading account through bank wire or international bank transfers, which are processed as instant deposits. Bank wire deposits do not have a stated maximum limit and typically take 1-3 business days to complete after submitting the request via the website.
For withdrawals, you can apply directly through the website. These transactions generally require 1-2 business days for processing before the funds reach your designated account.
Overall, the broker maintains standard processing time frames for both deposit and withdrawal methods. While convenience is offered through website submission, the described turnaround times align with industry norms for bank wire and withdrawal handling procedures.
Customer Support
24/5 support
Contact form
Email: support@rallyvilleglobal.com
Registered Address: 3001, 201 Elizabeth Street, Sydney NSW 2000, Australia
Office: RM 509, 5/F, The Cloud, 111 Tung Chau Street, Tai Kok Tsui, Kowloon, Hong Kong
Educational Resources
Rallyville Markets does not provide an extensive range of educational resources, it offers a helpful guideline on how to use the popular MetaTrader 4 (MT4) trading platform. The MT4 guideline provided by Rallyville Markets covers various aspects of the platform, including its installation, account setup, chart analysis tools, order placement, and risk management features. The guideline provides step-by-step instructions, screenshots, and explanations to facilitate a comprehensive understanding of the MT4 platform's capabilities.
FAQs
Is Rallyville Markets legit?
Yes, Rallyville Markets is regulated by ASIC, FINTRAC, and VFSC (Offshore).
What is the minimum deposit requirement?
$100.
Is demo trading available at Rallyville Markets?
Yes. It offers risk-free demo accounts.
DoesRallyville Markets offer the industry-leading MT4/5?
Yes. MT4 is available.
Is Rallyville Markets a good broker for beginners?
Yes. It is regulated well and offers demo MT4 accounts.
Are there any regional restrictions at Rallyville Markets?
Yes. Products and services offered on Rallyville Markets are not intended for residents of the United States, Australia, Afghanistan, Albania, Canada, Egypt, Japan, Lebanon, Nicaragua, Russia, Senegal, United Arab Emirates.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Australia ASIC Straight Through Processing (STP)