Allied Sovereign Zurich has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: Spain Ph: (34) 932385924, Fax: (34) 932385925
Addresses: Suite 701 Level 7 Via Augusta Barcelona 08006 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.alliedsovereignzurich.com.
I opened an account with Allied Sovereign Zurich for close to eighteen months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Good mobile app|Regular platform improvements|Dividend tracking|Competitive fees
Cons: Live chat only during business hours|Help articles are sometimes vague
The platform at Allied Sovereign Zurich is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.
Pros: Social trading features|Regular platform improvements|Economic calendar
Cons: Limited cryptocurrency options|No live chat on mobile
I am in a dispute with Allied Sovereign Zurich 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: Professional team|Multi-currency support
Cons: Currency conversion fee exists|Limited social trading features
Allied Sovereign Zurich locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Personal attention|Customizable dashboard
Cons: Cannot customize dashboard fully
After for roughly four months with Allied Sovereign Zurich, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Economic calendar|Transparent fees|Segregated accounts
Cons: Minimum deposit could be lower|Spreads widen during volatile periods
I lost a significant amount because Allied Sovereign Zurich did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Dedicated account manager|Fast support response
Cons: Spreads widen during volatile periods
The mobile app from Allied Sovereign Zurich 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: Helpful community forum|Fast deposits
Cons: Cannot customize dashboard fully
Opened my account with Allied Sovereign Zurich after reading several online reviews and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Transparent fees|Excellent charting
Cons: Would like more payment methods