Allied Top FX

Overview of Allied Top FX

Allied Top FX, established in 2019 and headquartered in Hong Kong, offers traders a diverse range of trading opportunities in Forex, Precious Metals, and CFDs. Operating without regulation, the platform provides real and demo accounts to accommodate traders of all levels. Allied Top FX offers a maximum leverage of up to 1:200 and spreads as low as 0.5 pips. The platform operates on a commission-free model and supports various deposit methods, including wire transfer, debit card, and other payment options. Traders can access the METATRADER 5 trading platform, renowned for its advanced features and user-friendly interface. Allied Top FX provides customer support via email and phone, while offering educational resources such as forex lessons and economic indicators to assist traders in their trading journey.

Is Allied Top FX Legit？

Allied Top FX operates without regulation. This broker lacks oversight from recognized financial regulatory authorities, which raises concerns regarding dispute resolution avenues, fund safety, and transparency in business practices. Traders should exercise caution when considering trading with an unregulated broker like Allied Top FX, as there may be limited protection mechanisms in place.

Pros and Cons

Allied Top FX boasts diverse tradable assets, commission-free trading, and access to the METATRADER 5 platform. However, its lack of regulation, limited customer support channels, and absence of bonus offerings are notable drawbacks. Traders should weigh these factors to assess the suitability of Allied Top FX for their trading needs.

Trading Instruments

Allied Top FX offers a range of trading instruments including Forex, precious metals, and CFDs, providing traders with diverse investment opportunities across different asset classes.

Here is a comparison table of trading instruments offered by different brokers:

Account Types

Allied Top FX provides traders with two main account types: a real account for live trading with real funds and a demo account for practice trading with virtual funds.

Leverage

Allied Top FX offers leverage of up to 1:200, enabling traders to amplify their trading positions and potentially increase their returns or losses.

Here is a comparison table of maximum leverage offered by different brokers:

Spreads and Commissions

Allied Top FX provides spreads starting from 0.5 pips and operates without charging commissions, potentially offering traders cost-effective pricing.

Deposit & Withdraw Methods

Customers of Allied Top FX can deposit and withdraw funds directly through wire transfer, debit card, or other available payment methods via the official website of Allied Top Industrial (HK) Limited.

Trading Platforms

Allied Top FX provides the METATRADER 5 trading platform, known for its advanced features and popularity among traders. With METATRADER 5, traders access advanced charting tools, technical analysis, and Expert Advisors, enhancing their online trading experience.

Customer Support

Allied Top FX offers customer support through email at support@alliedtop.com.cn and provides contact information at +852 31041565. The registered address is at OFFICE/SUITE NO.9B22 2ND FLOOR TOWER 1 CHINA HONG KONG CITY KL, while the physical address is 1105, 1F, Block A, No.1102 Huihe South Street, Banbidian Village, Gaobeidian Township, Chaoyang District, Beijing, China.

Educational Resources

Allied Top FX provides clients with diverse educational resources, including forex lessons and economic indicators, to enhance their trading skills. These resources encompass educational videos, economic terms, e-books, and online lectures. The global customer service team is available to assist clients at any time, ensuring accessible support for learning and skill development in trading.

Conclusion

In conclusion, Allied Top FX presents traders with a range of advantages including diverse tradable assets, commission-free trading, and access to the METATRADER 5 platform, facilitating a dynamic trading experience. However, the platform's lack of regulation raises concerns regarding investor protection, while the limited customer support channels and absence of bonus offerings may impact the overall user experience. Traders should carefully consider these factors alongside the platform's advantages to make informed decisions aligned with their trading goals and preferences.

FAQs

Q: What trading assets are available on Allied Top FX？

A: Allied Top FX offers a variety of trading assets including Forex currency pairs, precious metals like gold and silver, and Contracts for Difference (CFDs) on indices and commodities.

Q: Is Allied Top FX regulated？

A: No, Allied Top FX operates without regulation, allowing traders to engage in trading activities without oversight from financial regulatory authorities.

Q: How can I contact customer support at Allied Top FX？

A: You can reach Allied Top FX customer support via email at support@alliedtop.com.cn or by phone at +852 31041565.

Q: What deposit methods does Allied Top FX support？

A: Allied Top FX supports various deposit methods including wire transfer, debit card, and other payment options for the convenience of its traders.

Q: Are there educational resources available on Allied Top FX？

A: Yes, Allied Top FX offers educational resources such as forex lessons and economic indicators to assist traders in improving their trading skills and knowledge.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.