General Information & Regulation
Rallyville Markets, a trading name of Rallyville markets limited, is a forex and CFD broker registered in Australia that provides its clients with various tradable financial instruments with leverage up to 1:400 and floating spreads from 0.4 pips on the leading MetaTrader5 trading platform, a choice of two different live account types, as well as related financial derivatives and relatives services. Here is the home page of this brokers official site:
As for regulation, Rallyville Markets says it is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) with number 41698. However, it has been verified that the broker has two licenses, namely regulated ASIC and offshore regulated VFSC. That is why its regulatory status on WikiFX is listed as “Regulated” and it receives a relatively high score of 8.04/10. Please be aware of the risk.
Market Instruments
Rallyville Markets website advertises that it provides a wide range of products, covering CFDs over forex, precious metals, crude oil, indices and varieties of stock markets.
Account Types
Rallyville Markets offers demo and live accounts, yet it says nothing about the minimum initial deposit requirement to open an account.
Leverage
A leverage ratio of up to 1:400 is offered by Rallyville Markets, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads
Rallyville Markets claims that the spread for forex trading is as low as 0.4 pips.
Trading Platform Available
The platform available for trading at Rallyville Markets is the worlds most widely-used MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
Rallyville Markets states that instant deposits can be made via Bank Wire or POLi Pay. The minimum initial deposit requirement is said to be $200, while there is no maximum payment limit. As for the processing time of deposit and withdrawal requests, Bank Wire deposits require 1-3 working days to process, POLi Pay deposits take 2-3 working hours, and withdrawal requests take 1-2 working days to be processed.
Customer Support
Rallyville Markets customer support can be reached by telephone: +61 2 9261 2979, +852 35522817, email: support@rallyvilleglobal.com or live chat. Company address: RM C, 13/F, Harvard Commercial Building, 105-111 Thomson Road, Wan Chai, Hong Kong. Registered address: 1st Floor, B&P House, Kumul Highway, Port Vila, Vanuatu.
Risk Warning
Online trading involves a significant level of 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.
