FastBull BrokersView
Sign In

Rally Trade

Save

Operating status: SCAM

Website: https://www.rally.trade/

Broker violations and abnormal records
  • Jul 16, 2025 BrokersView has reviewed that Rally Trade is an unregulated broker

    According to its website, it claims to be registered in Nigeria, but as we all know, Nigeria does not have an agency capable of regulating foreign exchange. Apart from this, it does not display any other strong regulatory evidence on its website. This is a very untrustworthy behavior. Investors are advised to be careful to identify and stay away from it.

    In essence, Rally Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Rally Trade appears to be a scam.

Related Complaints

Q&A

Do you recommend Rally Trade?

Digi
South Africa
Jul 30, 2025
ANSWER Dear Investor, We do not recommend trading with Rally Trade, as it appears to be highly unreliable due to the absence of any brokerage licenses. Upon reviewing its website, we were unable to locate any licensing information. This lack of transparency raises serious concerns about the platform’s legitimacy. Additionally, while Rally Trade claims to be incorporated in Nigeria, lease note that while forex trading is permitted in Nigeria, there is currently no dedicated financial authority that directly regulates or licenses foreign forex brokers targeting Nigerian clients. As a result, Rally Trade operates without regulatory oversight, posing significant risks to investors. We strongly advise against using this platform in order to protect your capital.
See more

Does Rally Trade have license?

Paulo Al Sawaf
Portugal
Sep 09, 2025
ANSWER Dear Investor, It appears that Rally Trade does not hold any legitimate brokerage license, which significantly undermines its credibility and reliability. Upon careful examination of their website, we found a notable absence of any licensing or regulatory information, raising serious concerns about the platform's transparency and legitimacy. Although Rally Trade claims to be registered and incorporated in Nigeria, there is currently no dedicated financial authority in Nigeria that directly regulates or licenses foreign forex brokers targeting Nigerian clients. Consequently, Rally Trade seems to operate within its jurisdiction without any form of regulatory supervision or oversight. This lack of regulatory oversight poses substantial risks to investors. To protect your capital and ensure peace of mind, we strongly recommend exercising extreme caution and avoiding this platform for your trading activities.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.