Rallyville Markets Review – Warning Signs To Watch For

At first glance, traders might think that everything is legitimate about this broker. With a transparent website and many positive features, traders would jump on this offer. However, some traders were reporting certain issues about this broker. Therefore, we are doing a deep analysis in our Rallyville Markets review.

After you finish reading this review, you will understand why it’s important to check as well our Predcoin and Fintegral reviews.

Rallyville Markets Compliance and Safety

Primarily, Rallyville Markets Limited is registered in Vanuatu. The official company owner is Super Trader Investment International Limited with a license number 41698. Indeed, research of the VFSC register brings out Rallyville broker. But if they are linked it remains questionable. Simply because the license request was filed in 2019, while the website is created in 2021 according to the research.

As the company claiming not to provide services anywhere outside of Vanuatu and St. Vincent and Grenadines, why would they present offices in Hong Kong and Australia? Moreover, the company doesn’t have any regulations there. Not even with SFC, but also with ASIC.

So, the only potential regulation this broker has is an offshore one. As a matter of fact, offshore regulation requires a $2.000 payment and has only a few requirements. While with ASIC, you must cover a wide range of instructions to get the one.

Trading Platform at Rallyville Markets

Trading software with Rallyville Markets broker is quite solid. Meta Trader 4 is something that almost every trader likes. Even though it’s not quite a fancy design, it’s highly functional. Besides social and copy trading, traders can use numerous charting and indicator tools. On top of all, it has a dedicated app for any iOS and Android device.

On this platform, traders can use as well a demo account. Unfortunately, an Islamic account is not available. However, if you can’t withdraw the profits as Rallyville reviews claim, software gets out of the focus.

Account Types Available

Generally speaking, account types serve traders to bring more benefits after depositing more money. Which is a standard procedure with licensed brokers. Some provide lower spreads, lower commissions, or some advanced features.

Thus, with Rallyville broker everyone gets the same conditions. With the leverage of 1:400, they are already violating many trusted regulations. Such leverage raises risks. Especially if the company doesn’t have negative balance protection. As in the case of this broker.

On top of that, the company advertises spreads from 0 pips. But in reality, the spread goes from 0.8 pips for major FX pairs. Even if the spread is 5.5 pips, nobody can say that they didn’t know. The broker claims to have from 0 pips and they are right. That’s a downside of missing Tier 1 regulation

Deposit and Withdrawal Method

Another key point is the company’s payment options. In fact, there are none listed on the website. Moreover, with missing legal documents and terms of use it’s hard to find any. The main reason behind this move might be anonymity. Which is not a rare thing among offshore brokers.

If the broker accepts unconventional payment options like crypto, there you go. But to stay safe in financial markets always use debit or credit cards. That way you ensure that you can get a chargeback. Of course, if anything goes wrong.

How Do Rallyville Markets Operate?

With some information completely missing it’s hard to determine if everything is genuine here. Especially knowing that the broker presents itself as Australian and Hong Kong-based. And those are key points they use to attract traders.

On top of that, they have partnership programs to attract more traders to register their accounts. With trusted software, trading shouldn’t be an issue. But high leverage and no negative balance protection present an enormous risk.

After all, we have seen many offshore regulated brokers still not allowing withdrawals. Does that stop this broker from doing the same? It’s better not to test it out.

To choose the finest broker, learn more about us.

If you need any assistance in choosing a broker, you can request a free consultation. It’s better to take some time and do proper research before jumping into the waters. Education and knowledge are half of the job done.

But the key point is to know how to protect your funds. Also how to recover it with professionals in case anything goes wrong. So, to trade with peace of mind get in touch with our expert team today.

Rallyville Markets Summary

Generally speaking, there are many unclear things considering that this is a regulated broker. Alleged offices in highly regulated countries, but without regulation. Non-transparent funding methods are a big warning sign.

At least the software they provide is reliable and proven. But it’s nothing that a Tier 1 licensed broker can’t provide you with. Also, there is no negative balance protection which is a big issue. If you want to avoid headaches, it might be better to rethink your investment choices.

FAQs About Rallyville Markets Broker