What is Rallyville？
Rallyville Markets is a Forex and CFD trading platform used for trading and analysing the financial markets. Rallyville Markets provides a wide range products of CFDs over forex/Currencies, precious metals and crude oil. RallyvilleMarkets also provides related financial derivatives and relative services. Rallyville Markets provides 24/7 financial trading services to individual investors, hedge funds and corporate investors.
Pros & Cons
Pros:
High Leverage: This broker offers a high leverage ratio of up to 1:400, allowing traders to enter trades of significantly larger value than the capital they possess. Although this can lead to increased profits, it can also amplify potential losses.
Multiple Markets Instruments: Rallyville offers a wide range of instruments, including forex/Currencies, precious metals, indices, oils, allowing traders to have multiple trading options.
Demo Accounts Available: Rallyville offers demo accounts, allowing users to practice trading without risking real money. This can be beneficial for beginners or those who want to test the platform.
Cons:
Is Rallyville Legit or a Scam？
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: Rallyville emphasizes that all funds flow through a protected trust account. This system essentially ensures that client funds are held separate from Rallyville's operational funds, thereby providing an extra layer of financial integrity and security.
Market Instruments
Rallyville offers a variety of CFD products, including Indices, Oils, Precious Metals, and Forex/Currencies, providing traders with options to speculate on different asset classes and market movements.
Account Types
Rallyville offers two different accounts, Demo Account and Live Account.
Demo Account: There is no cost using a demo account. And it offers Multi-Currencies Account, 24 hour signals, Trading signals, Free Mobile trading platform.
Live Account: With a low spread, live account offers Trading Report, Weekly/Monthly Market outlook, Lower cost, Multi-Currencies AccountQFree Mobile trading platform, Trading signals, Free Mobile trading platform.
How to Open an Account？
Go to the Rallyville official website, and click on “Open Account”, you can either a demo account or a live account.
If you want to try a demo account, click on the “Open a Simulated Account ” bottom, then fill up your basic imformation. It's worth noticing that you need to carefully consider their choice of Account Types, leverage and Trading Platform.Then verify your email.
If you choose to open a live account, you will be prompted to provide certain personal information such as your name, phone number, email address, and password. Next, you will be required to verify your email and identity.Once your account is set up and verified, you can fund your account using the available deposit methods on the platform.
Leverage
provides its clients with a maximum leverage ratio of 1:400.This means that traders can control a position up to 400 times the amount of their deposited funds.This type of financial leverage can significantly magnify potential profits, but at the same time, it also amplifies the risk, making it a powerful tool in the hands of a savvy investor.
Spreads & Commissions
Rallyville asserts to offer extremely competitive spreads, potentially as low as 0 pips, appealing to a variety of traders looking for cost-effective trading solutions.
However, the company does not provide detailed information on their spreads and commissions pertaining to different tradable assets. The lack of transparency may pose a challenge for traders who value exact and comprehensive breakdowns of costs associated with their trading activities.
Trading Platform
KCM Trade offers MT4 platforms that suit traders needs and allow efficient trading through the Desktop Platform and Mobile. These platforms boast widespread recognition and offer an array of advantages, including access to numerous extensions and comprehensive educational resources for mastering trading tools.
Education
Rallyville shows a commitment to helping their clients grow as traders through their educational resources, specifically their variety of instructional videos. These guides, including the MT4 Guide for both iPhone and Android, a WebTrader Guide, and a detailed guide on Switching Trade Accounts, aim to simplify the learning curve associated with online trading. These tools are essential for new traders seeking to understand the basics and for seasoned traders looking to refine their skills or adapt to a new platform.
Customer Support
Rallyville offers comprehensive customer support to its clients. This includes being available 24 hours a day, 7 days a week. Clients can reach out to Rallyville through various channels.
The company also provides its physical address: RM 509, 5/F, The Cloud, 111 Tung Chau Street, Tai Kok Tsui, Kowloon, Hong Kong
Conclusion
In conclusion, Rallyville Markets presents a diverse range of CFD products covering Indices, Oils, Precious Metals, and Forex/Currencies, catering to traders seeking exposure to various asset classes and market opportunities. However, due to lack of regulation, traders had better do further research before investing.
Frequently Asked Questions (FAQs)
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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
2023-12-02 13:20
2023-11-30 18:32
