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Allied Top FX

WikiFX | 2024-11-29 11:53

Abstract: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.

Allied TopReview Summary
Founded2019
Registered Country/RegionHong Kong
RegulationFCA (Suspicious Clone)
Market Instruments170+, Forex, Metals, Stocks, Commodities, Indices, Cryptocurrencies
Demo Account/
LeverageUp to 1:500
Spread (Forex)1.6 pips (Standard account)
Trading PlatformMT5, Web Trader
Social Trading✅
Min Deposit$0
Customer SupportLive chat
Tel: +852 31041565
Email: support@alliedtop.com.cn
Registered address: OFFICE/SUITE NO.9B22 2ND FLOOR TOWER 1 CHINA HONG KONG CITY KL
Physical address: 1105, 1F, Block A, No.1102 Huihe South Street, Banbidian Village, Gaobeidian Township, Chaoyang District, Beijing, China

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.

Allied Top's homepage

Pros and Cons

ProsCons
Various tradable assetsSuspicious clone FCA license
No commissionsLimited 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 CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense Number
UK
Financial Conduct Authority (FCA)Suspicious CloneBCS Prime Brokerage LtdInvestment Advisory License586463
Suspicious clone FCA license

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 AssetAvailable
forex✔
metals✔
commodities✔
indices✔
stocks✔
cryptocurrencies✔
bonds❌
options❌
ETFs❌
What Can I Trade on Allied Top?

Account Type/Fees

Account TypeStandardVIPPRO
Min Deposit$0$5 000$10000
General Variety Spread3 pips2 pips1 pip
Forex Spread1.6 pips1 pip0.5 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 PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced traders
Web Trader✔Web/
MT4❌/Beginners
Trading View❌/Beginners
Trading Platform

Deposit and Withdrawal

Allied Top accepts payments via wire transfer and debit card.

Deposit and Withdrawal
BrokerDealer

Related broker

Unverified
Allied Top
Company name:AlliedTop
Score
2.16
Website:http://alliedtop.com.cn/en/index.html
5-10 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
2.16

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