Allied Top Forex broker specializes in providing foreign exchange trading services, the company's official website https://crm.alliedtop.com.cn/index/register, the company's legitimate regulatory information United KingdomFCAInvestment Advisory License, to enhance the security of the company's address OFFICE/SUITE NO.9B22 ND FLOOR TOWER 1 CHINA HONG KONG CITY KL.
Allied Top Forex Broker
Basic information
Hong Kong
5-10 years Suspicious Regulatory License MT5 Full License Global Business Suspicious Overrun High potential riskCompany profile
Founded in 2019, Allied Top is a Hong Kong-based online trading platform. It currently holds a suspicious clone Investment Advisory License under the FCA. Allied Top asserts it provides trading chances for 170+ items in six key asset classes: stocks, indices, commodities, forex, precious metals, and cryptocurrencies, with spread as low as 0.1 pips and a maximum leverage of up to 1:500.
Pros and Cons
| Pros | Cons |
| Various tradable assets | Suspicious clone FCA license |
| No commissions | Limited payment options |
| MT5 available | |
| No minimum deposit | |
| Live chat support |
Is Allied Top Legit?
No. Allied Top is suspected of being a fraudulent clone, claiming to be governed by the Financial Conduct Authority (FCA) and possessing an Investment Advisory License (No.586463).
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
| Financial Conduct Authority (FCA) | Suspicious Clone | BCS Prime Brokerage Ltd | Investment Advisory License | 586463 |
What Can I Trade on Allied Top?
Allied Top provides trading chances for 170+ items in six primary asset classes, such as stocks, indices, commodities, FX, precious metals, and cryptocurrencies.
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type/Fees
| Account Type | Standard | VIP | PRO |
| Min Deposit | $0 | $5 000 | $10000 |
| General Variety Spread | 3 pips | 2 pips | 1 pip |
| Forex Spread | 1.6 pips | 1 pip | 0.5 pips |
| Commission | ❌ | ❌ | ❌ |
Leverage
Allied Top offers leverage up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| Trading View | ❌ | / | Beginners |
Deposit and Withdrawal
Allied Top accepts payments via wire transfer and debit card.
Rating Index
ECN Account
Standard account
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Latest Reviews
Over again.
Peru
I try to contact live chat on the site over 2 days now no response is there any problem with your contact support team. I have tried telegram facebook live chat whatsapp no body is responding.
Neutral
2024-07-04
Édouard Petit
Spain
My buddy Michael hyped this broker up, saying he made some good money here. I was tempted to jump in, but I always like to test the waters with a demo account first, you know, get a feel for the platform. The problem? This broker doesn't even offer demo accounts! Don't know if I should proceed or just give it up. 🤨
Neutral
2024-06-28
外汇小白1925
Hong Kong
They find all kinds of reasons to cancel your profits, and there is also a withdrawal fee.
Exposure
01-03