Alaicoin (alaicoin.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: alaicoin.com.
After spending since mid-2025 trying to make Alaicoin (alaicoin.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multi-device support|Social trading features|Easy to use platform|Automated trading options
Cons: Charting tools need more indicators
Alaicoin (alaicoin.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: No hidden fees|Copy trading available|Quick verification|Instant funding
Cons: Help articles are sometimes vague
KYC with Alaicoin (alaicoin.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Segregated accounts|API access|Two-factor authentication|Dedicated account manager
Cons: No live chat on mobile
I requested my data from Alaicoin (alaicoin.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Quick verification|Multiple order types|Educational resources|Detailed reporting
Cons: Some tools only available on higher tiers
Alaicoin (alaicoin.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Detailed reporting|Multiple order types|Regular platform improvements|Professional team
Cons: None so far|Some tools only available on higher tiers
After using Alaicoin (alaicoin.com) since mid-2025, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Comprehensive tools|Multi-currency support|Social trading features|Real-time alerts
Cons: Limited ETF selection|Cannot customize dashboard fully
I wanted to transfer my portfolio from another broker to Alaicoin (alaicoin.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Segregated accounts|Smooth onboarding|Real-time alerts
Cons: Spreads widen during volatile periods