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Rallyville Markets Forex Broker provides real users with 27 positive reviews, 2 neutral reviews and 3 exposure review!

Rallyville Markets Broker Review

7.44

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Risk Control

Risk Manage

Regulation

Regulated in Australia

Rallyville Markets Review 32

Latest All(32) Positive(27) Neutral(2) Exposure(3)
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
Neutral

The license of this company looks good, an ASIC shows that the supervision is very strict, and a Vanuatu one can increase leverage. Is there anyone who has traded with Huiyou before, can you share your experience?

Carol20509
2022-12-15
Positive

The various trading conditions at Rallyville Markets look attractive, such as leverage, minimum deposit, spreads, and more. The most important thing is that it looks safe and has regulatory licenses from ASIC and VFSC. I plan to open a demo account and try it out. If it is ok, I will deposit and trade later.

FX1150195898
2022-12-14
Positive

This is a great forex trading platform with very low spreads and great service.

eeeeeve
2022-12-08
Positive

Considering that there are many fraudulent companies in the forex industry, when I choose a forex broker, besides the trading conditions, the most important thing for me is security. So far I think rallyville is safe and my retirements are normal.

十一45443
2022-11-22
Neutral

The platform provides quick-responsive custiomer support. I asked someting about minimum deposit and leverage, their staff gave me a reply in a very short time. I haven't actually traded with this broker, their enthusiastic and excellent customer support gives me a good impression, though.

花开富贵76188
2022-11-15

  

Rallyville Markets 2025 Review: Everything You Need to Know

  Rallyville Markets has garnered mixed reviews in the forex trading community, with an overall score hovering around 3.88 out of 10. While some traders appreciate the low minimum deposit and the availability of the popular MetaTrader 4 platform, many others express serious concerns regarding the broker's regulatory status and customer service. This review will delve into the key features, advantages, and drawbacks of Rallyville Markets based on a comprehensive analysis of various sources.

  Note: It is essential to recognize that Rallyville Markets operates under multiple entities across different jurisdictions, which may lead to confusion regarding its regulatory compliance and safety. This review aims to present a fair and accurate assessment of the broker based on the available data.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 4.5
Tools and Resources 4.0
Customer Service and Support 4.8
Trading Setup (Experience) 4.0
Trustworthiness 3.0
User Experience 4.2

  We evaluate brokers based on various criteria, including user feedback, expert opinions, and regulatory compliance.

  

Broker Overview

  Founded in 2020, Rallyville Markets is a forex and CFD broker that primarily offers trading through the widely used MetaTrader 4 platform. The broker claims to provide access to a variety of trading instruments, including forex pairs, commodities, and indices. However, it operates under the regulatory oversight of the Vanuatu Financial Services Commission (VFSC), which is often viewed as a tier-3 jurisdiction with limited investor protection.

  

Detailed Breakdown

  Regulatory Regions:

  Rallyville Markets is registered in Vanuatu and claims to have offices in Australia and Hong Kong. However, there is skepticism about its regulatory status, as the Australian Securities and Investments Commission (ASIC) and the Hong Kong Securities and Futures Commission (SFC) do not recognize the broker. Many sources indicate that the broker's license may not provide the safety and security that traders expect from a regulated entity.

  Deposit/Withdrawal Currencies/Cryptocurrencies:

  The broker accepts deposits primarily through bank transfers and wire transfers, with a minimum deposit requirement of $100. There is no mention of cryptocurrency as a payment method. Withdrawals can take between 1 to 3 business days, but some users have reported difficulties in accessing their funds.

  Bonuses/Promotions:

  Rallyville Markets does not appear to offer any promotional bonuses or incentives for new clients, which is a common practice among many brokers to attract new traders.

  Available Asset Classes:

  Traders can access a variety of asset classes, including currency pairs, commodities, and indices. However, the range of instruments is considered limited compared to other brokers that offer a broader selection, including cryptocurrencies and stocks.

  Costs (Spreads, Fees, Commissions):

  Spreads start from 0 pips, but many users have reported that the effective spreads can be higher, often around 0.8 pips for major pairs. There are no trading fees or withdrawal fees, but some users have expressed concerns about hidden costs that may arise during the trading process.

  Leverage:

  Rallyville Markets offers leverage of up to 1:400, which is significantly higher than what is permitted by many tier-1 regulated brokers. This high leverage can amplify both potential gains and losses, raising concerns about the risk exposure for inexperienced traders.

  Permitted Trading Platforms:

  The broker exclusively offers the MetaTrader 4 platform, which is well-regarded for its functionality and user-friendly interface. However, the absence of newer platforms like MetaTrader 5 may deter some traders looking for advanced features.

  Restricted Regions:

  Rallyville Markets does not accept clients from several jurisdictions, including the United States. This restriction may limit its appeal to a broader audience.

  Customer Service Languages:

  Customer support is available in English, and traders can reach out via phone or an online ticketing system. However, some users have reported slow response times and difficulties in resolving issues.

  

Final Ratings Overview

Category Score (out of 10)
Account Conditions 4.5
Tools and Resources 4.0
Customer Service and Support 4.8
Trading Setup (Experience) 4.0
Trustworthiness 3.0
User Experience 4.2

  

Detailed Explanations

  •   Account Conditions (4.5/10):

      The broker's one-size-fits-all account structure simplifies the onboarding process. However, the lack of multiple account types may not cater to the diverse needs of traders.

  •   Tools and Resources (4.0/10):

      Rallyville Markets lacks educational resources and advanced analytical tools, which may hinder the trading experience for novice traders. While daily signals and expert reports are provided, they do not compensate for the absence of comprehensive training materials.

  •   Customer Service and Support (4.8/10):

      While customer service is available 24/5 and has received positive feedback for promptness, the lack of live chat support may be a drawback for traders seeking immediate assistance.

  •   Trading Setup (Experience) (4.0/10):

      Traders have reported mixed experiences with order execution and slippage, particularly during volatile market conditions. This inconsistency raises concerns about the reliability of the trading platform.

  •   Trustworthiness (3.0/10):

      The broker's offshore regulatory status and mixed user reviews contribute to a lower trust score. Many traders express concerns about the safety of their funds, especially in light of the lack of tier-1 regulation.

  •   User Experience (4.2/10):

      Overall user experience is average, with some users appreciating the MT4 interface while others report issues with order execution and withdrawal processes.

  •   In conclusion, while Rallyville Markets offers some attractive features such as low minimum deposits and the popular MT4 platform, potential traders should exercise caution due to regulatory concerns and mixed user feedback. It is advisable to thoroughly research and consider alternative brokers with stronger regulatory oversight and a more comprehensive range of services.