AlianceGroup.co Broker Review
- The company proves to be a great educational source for traders
- A Cyprus company regulates this company
- Binary options are no longer available
AlianceGroup.co Review – Will the AlianceGroup Scam Escape Punishment?
There are several international companies with similar names to AllianceGroup broker. As a result, it is difficult to find and less likely to be exposed.
AlianceGroup uncovered the scheme, and we will share it with you. You can also read our unbiased reviews of Starekco, TrustGarden, and AxisCapital. The funds you have with them are at risk!
- Status of the broker: offshore scam broker
- Regulation of Broker:Unlicensed Forex Provider / No Regulation
- WEBSITES OF SCAMMERS: alliance group.co
- Operating Status: Forex Trading Scam / CFD Scam Active
- List of scams blacklisted by:N/A
- Company:Bodacious Consulting LLC
- Country of headquarters:Saint Vincent and the Grenadines
- Year of foundation:2021
- Platform:WebTrader
- Trading: Available through a web browser / No mobile app
- Welcome Bonus: No Bonus on the first deposit
- Trading Cryptocurrencies:Not Available
- Trading CFDs:Yes, you can trade CFDs
- Commodities / Indices / Shares / Forex (FX)
- There is maximum leverage of 1:600.
- The Islamic Account is not available.
- Live trading accounts only, no demo accounts.
- US traders are accepted:US traders are accepted.
Don’t invest in this scam, broker!
Is AlianceGroup a Scam? – No Trade License
The notorious Bodacious Consulting LLC owns the AlianceGroup Forex brand from Saint Vincent and the Grenadines. Concerning their other brand – UnionsMarket – this firm already has several regulatory warnings from Italy, Spain, Slovenia, and Belgium.
It doesn’t sound promising that AlianceGroup will regulate itself. Companies need to apply for a license in the country where they operate since the SVG FSA is unauthorized to handle FX and binary options firms.
There is no license for AlianceGroup listed with any of the major Tier 1 regulators, including FCA, BaFin, CONSOB, FSMA, FINMA, and others. As a result, we can confirm that UnionsMarket and AlianceGroup are scams.
Where Is AlianceGroup Trading Scam Active?
Our review shows that the majority of AlianceGroup trading scam victims are from the following countries:
- Italy
- Germany
- Spain
Did AlianceGroup Scam You? – Start the Chargeback Process
If you, or someone close to you, fall victim to the AlianceGroup scam, please let us know. We understand how scammers operate because Global Fraud Protection has dealt with many scammers. Also, we may be able to assist you in getting your money back.
Now is not the time to waste! Get in touch with us today via online chat to schedule a free consultation, and let’s begin the chargeback process!
You can also read our BBanc Review.
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FAQ Section:
What Is AlianceGroup, and Should I Invest Money In It?
Despite not having a trade license, AllianceGroup offers online trading in Forex and CFDs. Our online chat team can assist you with a refund procedure if you cannot get your funds back.
What Is the AlianceGroup Minimum Deposit?
A minimum deposit of $250 is required to open an account with AlianceGroup.
Can I Trade Cryptos and CFDs With AlianceGroup Broker?
Indicators, shares, commodities, and CFDs are available, but crypto trading is not available.
Does AlianceGroup Offer a Demo Account?
The broker does not offer a Demo account. A real trading account is the only account you can use to trade.