Allied Capital Management L.P has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: =DQ45+414 1508 7526
Addresses: Alpenstrasse 9. Zug 6300 Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.alliedcapmgt.com.
I referred a friend to Allied Capital Management L.P after a trusted YouTuber reviewed them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Wide product range|Comprehensive tools|Fast support response|Regular platform improvements
Cons: Some tools only available on higher tiers|Cannot customize dashboard fully
Where do I even begin with Allied Capital Management L.P? since the beginning of the year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Detailed reporting|Quick verification
Cons: Alert system is basic|Wait times can be long during peak hours
I signed up with Allied Capital Management L.P from a review site like this one and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: API access|Economic calendar|No hidden fees
Cons: Minor UI glitches occasionally
My withdrawal request from Allied Capital Management L.P has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Comprehensive tools|Demo account available
Cons: Wait times can be long during peak hours|Minimum deposit could be lower
Do not be fooled by the professional-looking website. Behind the scenes, Allied Capital Management L.P is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Instant funding|Two-factor authentication
Cons: Slow to add new assets|Wait times can be long during peak hours
After using Allied Capital Management L.P for nearly two years, 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: Two-factor authentication|Risk management tools
Cons: Would like more payment methods
I gave Allied Capital Management L.P a fair chance. After since I retired last year 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: Fast execution|Personal attention|Automated trading options|Wide product range
Cons: Would like more payment methods|Nothing significant
The mobile app from Allied Capital Management L.P is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Tax reports included|Responsive team|Fast deposits|High security standards
Cons: Minor UI glitches occasionally|Onboarding videos are outdated
Allied Capital Management L.P 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: Market news feed|API access|Competitive fees
Cons: Mobile app could be improved|Currency conversion fee exists
I closed a profitable position at Allied Capital Management L.P 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: Demo account available|Excellent charting|Easy withdrawals
Cons: Slow to add new assets|No integrated tax optimization