Score

1.37 /10
Danger

FXRALLY

The Virgin Islands

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index5.96

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Broker Information

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Company Name

Giant Solutions LTD

Company Abbreviation

FXRALLY

Platform registered country and region

The Virgin Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FXRALLY · Company summary
FXRALLY Basic Information
Company Name FXRALLY
Registered country and region The Virgin Islands
Regulations Not regulated
Account Types Expert Plan, Advanced Plan, Starting Plan
Minimum Deposit € 250
Customer Support Email (support@fxrally.info), Phone (+44 2080595404)

Overview of FXRALLY

FXRALLY is a brokerage company registered in the Virgin Islands, offering account types including the Expert Plan, Advanced Plan, and Starting Plan, with a minimum deposit requirement of €250. Despite its diverse account offerings, FXRALLY operates without regulatory oversight. The company provides customer support via email at support@fxrally.info and phone at +44 2080595404.

Overview of FXRALLY

Is FXRALLY Legit?

FXRALLY is not regulated. It's worth mentioning that FXRALLY operates without regulation, meaning it lacks oversight from recognized financial regulatory authorities. Traders should proceed with caution and understand the risks involved when dealing with an unregulated broker like FXRALLY. This includes potential challenges in dispute resolution, concerns about fund safety and security, and a lack of transparency in the broker's operations. It's advisable for traders to conduct thorough research on a broker's regulatory status before initiating any trading activities to safeguard their trading experience.

Is FXRALLY Legit?

Pros and Cons

FXRALLY offers several advantages, including the provision of email and phone customer support, three different account types to cater to various trader needs, and a relatively low minimum deposit requirement. However, the company operates without regulatory oversight, which may pose risks for traders. Additionally, it suffers from insufficient educational materials and a lack of clear disclosure regarding company policies. Users have also reported issues accessing the website.

Pros Cons
  • Email and phone customer support
  • Absence of regulatory oversight may pose risks for traders
  • Offers three different account types
  • Insufficient educational materials and unclear disclosure of company policies
  • Relatively low minimum deposit
  • Unable to access the website

Account Types

FXRALLY offers three distinct account types to accommodate traders of varying experience levels and investment capacities. The Expert Plan requires a minimum deposit of €20,000, the Advanced Plan necessitates a €5,000 deposit, and the Starting Plan is accessible with a minimum deposit of €250. All account types support Expert Advisors (EAs), allowing for automated trading strategies, thereby providing flexibility and convenience to traders.

Account Type Minimum Deposit Supported EA
Expert Plan € 20,000 Yes
Advanced Plan € 5,000 Yes
Starting Plan € 250 Yes
Account Types

Customer Support

Traders can reach out to the FXRALLY support team via email at support@fxrally.info or by phone at +44 2080595404 for immediate assistance.

Customer Support

Conclusion

Combining all the info we discuss, write a Conclusion for FXRALLY in a short paragraph, make it professional yet concise, polish the language

FAQs

Is FXRALLY regulated?

No, FXRALLY operates without regulation, lacking oversight from recognized financial regulatory authorities.

What account types does FXRALLY offer?

FXRALLY provides various account types, including Expert Plan, Advanced Plan, Starting Plan, catering to different trading preferences and experience levels.

How can I contact FXRALLY's customer support?

Traders can reach out to the FXRALLY support team via email at support@fxrally.info or by phone at +44 2080595404 for immediate assistance.

Risk Warning

Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's crucial to understand these risks fully and recognize that the information provided in this review is subject to change as the company's services and policies evolve over time. Additionally, the review's creation date is significant, as information may have been updated since then. Therefore, readers are encouraged to verify the latest information directly with the company before making any decisions or taking action. Ultimately, readers bear sole responsibility for using the information provided in this review.

News

NewsWatch for Scams: How Do Clients Think Unlicensed FxRally?

Think before you start to investemnt with your money, even if it looks like a reliable broker at first glance.

WikiFX
2023-01-17 14:12
Watch for Scams: How Do Clients Think Unlicensed FxRally?

NewsWIKIFX Warning: About Unlicensed Forex Broker FXRally

FxRally (https://fxrally.co/) is a British Virgin Islands-based offshore broker. The broker provides a safe and transparent trading environment for both novices and experienced Forex and CFD traders. Account kinds, payment choices, and a trading platform are among the other features. Clients are enticed by incentive schemes and additional revenues.

WikiFX
2022-08-22 10:56
WIKIFX Warning: About Unlicensed Forex Broker FXRally

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