Cryptocurrency Exchanges

Allcurrencytrade

1.5 (13 reviews)
🇬🇧 United Kingdom
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13 reviews
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About Allcurrencytrade

Allcurrencytrade has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Complete waste of time

K
Karen G.
1 weeks ago

What really bothers me about Allcurrencytrade is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a family member had a good experience and I fell for the polished exterior. Never again.

Pros: Low minimum deposit|Economic calendar

Cons: Live chat only during business hours

Regulatory warning exists for this firm

J
John G.
1 months ago

For anyone considering Allcurrencytrade, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Still fighting for my withdrawal

K
Kayla O.
1 months ago

I had high hopes for Allcurrencytrade from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Instant funding|Regular updates|Demo account available|Copy trading available

Cons: Website design could be more modern

Save yourself the trouble

T
Tiffany Z.
3 months ago

I am in a dispute with Allcurrencytrade over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Demo account available|Instant funding|Multi-device support|Copy trading available

Cons: Spreads widen during volatile periods|Wish they had more educational resources

Zero accountability

M
Mark P.
3 months ago

Allcurrencytrade advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Comprehensive tools|Risk management tools|Instant funding|Regular platform improvements

Cons: Some tools only available on higher tiers|None so far

Cannot withdraw funds - classic scam

H
Harry A.
4 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Allcurrencytrade is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Cons: Lost entire investment|Reported to authorities|Unresponsive

A nightmare experience

T
Tyler G.
7 months ago

The so-called education at Allcurrencytrade is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.

Pros: Good mobile app|Social trading features|Instant funding|Economic calendar

Cons: Charting tools need more indicators

They have truly outdone themselves in incompetence

L
Luke F.
7 months ago

I gave Allcurrencytrade a fair chance. After for the past year and a half of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Comprehensive tools|No hidden fees|Good mobile app

Cons: Website design could be more modern

Nothing works as advertised

E
Ella B.
9 months ago

After using Allcurrencytrade for about ten months, 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: Dedicated account manager|Two-factor authentication|Multiple order types|Good analytical tools

Cons: No phone support on weekends|Account statements could be more detailed

Unacceptable level of service

L
Lauren G.
10 months ago

Allcurrencytrade 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: Copy trading available|Customizable dashboard|Regular platform improvements

Cons: Limited social trading features|Onboarding videos are outdated