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The WikiFX Score of this broker is reduced because of too many complaints!

Rallyville Markets

Australia|5-10 years|
Straight Through Processing(STP)|Medium potential risk|Offshore Regulated|

https://rallyvilleglobal.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

8
Server Name
RallyvilleMarkets-Demo MT4
Server Location United States

Contact

+61 2 9261 2979
support@rallyvilleglobal.com
https://rallyvilleglobal.com/
3001, 201 Elizabeth Street, Sydney NSW 2000, Australia
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+61 2 9261 2979

Other ways of contact

Broker Information

More

Company Name

Rallyville Markets Limited

Abbreviation

Rallyville Markets

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2024-11-15
  • The Vanuatu VFSC regulation with license number: 41698 is an offshore regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Rallyville Markets · WikiFX Survey
Good A Visit to Rallyville Markets in Australia – Office Found
Australia
EXPO

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Rallyville Markets · Company Summary

Rallyville MarketsBasic Information
Registered CountryAustralia
RegulationASIC, FINTRAC, VFSC (Offshore)
Execution TypeMarket Execution
Trading AssetsForex, Commodities (Silver, Gold, Crude Oil), Indices
Demo Account
Islamic Account
Maximum Leverage1:400
Spread Starting from 0.0pips
Scalping
Hedging
Trading PlatformMetaTrader 4 (MT4), Rallyville Markets platform
Copy Trading
Minimum Deposit$100
Payment MethodsBank Transfer, International Bank Wire
Customer Support24/5 - contact form, email: support@rallyvilleglobal.com
Regional RestrictionsUnited States, Australia, Afghanistan, Albania, Canada, Egypt, Japan, Lebanon, Nicaragua, Russia, Senegal, United Arab Emirates

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).

Rallyville Markets' homepage

Pros & Cons

ProsCons
  • Regulated by ASIC and FINTRAC
  • VFSC (Offshore)
  • Long establishment in the industry
  • Limited educational resources
  • Two trading platforms to choose from (MT4, WebTrader)
  • Limited product offerings compared to many other brokers
  • Competitive leverage options (up to 1:500)
  • Regional restrictions

Is Rallyville Markets Legit?

Rallyville Markets has three entities regulated in Australia, Canada, and Vanuatu, respectively.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
ASICRALLYVILLE FINANCIAL GROUP PTY LTDStraight Through Processing(STP)342771
FINTRACRALLYVILLE MARKETS SDN.BHD.Currency ExchangeM23092517
VFSCRallyville Markets LimitedRetail Forex License41698

RALLYVILLE FINANCIAL GROUP PTY LTD is regulated by ASIC, holding a Straight Through Processing (STP) license, with license no. 342771.

Regulated by ASIC

RALLYVILLE MARKETS SDN.BHD., is regulated by FINTRAC, holding a Currency Exchange license, with license no. M23092517.

Regulated by FINTRAC

RALLYVILLE MARKETS LIMITED is regulated by VFSC offshore, holding a Retail Forex License, with license no. 41698.

Offshore regulated by VFSC

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.

Tradable Assests Supported
Forex Pairs
Commodities
Indices
Shares
Cryptocurrencies
Futures
Forex details
Precious metals & crude oil details
Indices details

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.

Account Types

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.

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.

fill in required info

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.

MT4

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.

Copy 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.

Deposit details
Withdrawal details

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

Contact info

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.

guideline

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.

Review 17

17 Comments
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All(17) Latest Positive(10) Neutral(3) Exposure(4)
Exposure
I was induced to make a deposit, and when withdrawing, I was told to launder money and asked to pay a high security deposit
The whole thing happened on March 21 this year. I met a netizen on a dating website. Later, I talked about investing in forex. Since I had the habit of investing, the netizen recommended me to place an order on this platform. It is denominated in US dollars, and the ratio of NT dollars to US dollars is 1:30. At the beginning, I only invested a small amount of 400 US dollars, and I made a profit. Later, I invested more. The netizen told me to apply for a VIP. He said that VIP can enjoy a discount on withdrawals. So I did it. The customer service told me that I could not withdraw money or cancel it during the application period. I agreed. But they They told me next day that I need to deposit another 20,000 US dollars in order to apply successfully. I immediately reported that I did not have such a large amount of funds and ask them to help me cancel the application, but they failed and let me solve the problem. Because my bank account has a monthly limit and daily transfer limit, I went to the customer service to ask for the deposit of 20,000 US dollars from other account. They agreed. After transferring 20,000 US dollars, I made the first and only successful withdrawal of 550 US dollars. Later, I continued to invest a large amount of money of about NT$700,000, in forex trading. On April 25, I proposed to withdraw USD 34,000. The next day, the platform told me that I was laundering money, and I had to pay a deposit of NT$600,000 within 48 hours, otherwise the account will be frozen. Of course, I feel baffled. I have reported to the platform many times but it is invalid. In the end, I was forced to agree to pay a deposit. However, because my personal account transfer has a limit, I transferred 200,000 NTD a day to the platform. After paying NT$200,000, my girlfriend had an accident and needed cash urgently. I asked the platform to withdraw the money immediately, but the platform refused. The customer service of the platform did not respond. Finally, the customer service transferred me to their financial supervisor, saying that I should negotiate with the supervisor. Their financial supervisor asked me to provide a photo ID, account cover, binding agreed account and my online banking account password. They logged in for review, but I refused and asked for a refund of the deposit of 290,000 yuan. The platform threatened me not to negotiate and cooperate, and then I was at my own risk. I currently have a total of 94,012 US dollars and a security deposit of 200,000 NTD on the platform, which is equivalent to about 3 million Taiwan dollars. I chose to expose the whole thing to let investors know and recognize the platform. For this incident, the platform accused me of money laundering for no reason, and could not provide evidence, and used this as an excuse to refuse to withdraw money. I also said that it was the platform that agreed at the beginning that my identity and VIP funds could be partially transferred from a friend’s account. I didn’t notice any abnormalities after the transfer. I also stated that I was willing to provide all the transfer account information and accept the police investigation. The platform was unwilling to withdraw funds. Still, it is obvious a black platform.
FX9522722902
2023-05-04
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