AllianceCryptoFXTrade (alliancecryptofxtrade.com) has been flagged by Australian Securities and Investments Commission 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 support at AllianceCryptoFXTrade (alliancecryptofxtrade.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Detailed reporting|Helpful community forum
Cons: Live chat only during business hours|Desktop app not available on Linux
The onboarding at AllianceCryptoFXTrade (alliancecryptofxtrade.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Multi-currency support|Easy to use platform
Cons: Research section could be deeper
I closed a profitable position at AllianceCryptoFXTrade (alliancecryptofxtrade.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Multi-currency support|Economic calendar
Cons: Inactivity fee applies after 12 months|No dark mode on mobile
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. AllianceCryptoFXTrade (alliancecryptofxtrade.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Responsive team|Professional team|Easy to use platform
Cons: Website design could be more modern
What really bothers me about AllianceCryptoFXTrade (alliancecryptofxtrade.com) 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 friend recommended them and I fell for the polished exterior. Never again.
Pros: Economic calendar|Copy trading available|Excellent charting|Comprehensive tools
Cons: Limited ETF selection
The platform itself is okay, but the customer service at AllianceCryptoFXTrade (alliancecryptofxtrade.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Helpful community forum|Easy withdrawals|Stable platform|Transparent fees
Cons: Live chat only during business hours|Email notifications too frequent
After doing some research AFTER the fact (I know, I should have done this first), I discovered that AllianceCryptoFXTrade (alliancecryptofxtrade.com) 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: Withdrawal fees demanded|Communication cut off|Not authorized
I had a dispute with AllianceCryptoFXTrade (alliancecryptofxtrade.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Dividend tracking|Great customer service|Portfolio tracking tools
Cons: Search feature is basic
I was about to invest with AllianceCryptoFXTrade (alliancecryptofxtrade.com) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Australian Securities and Investments Commission|Cannot verify credentials
After spending for the past year and a half trying to make AllianceCryptoFXTrade (alliancecryptofxtrade.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: Responsive team|High security standards|Clean UI|Detailed reporting
Cons: Limited ETF selection|Email notifications too frequent