Forex Brokers

Allysnexus

1.4 (14 reviews)
🇳🇿 New Zealand
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1.4
14 reviews
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About Allysnexus

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

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Customer Reviews

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They bet against their clients

M
Maya S.
3 weeks ago

I opened an account with Allysnexus for a couple of months now 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: Dividend tracking|No hidden fees|Personal attention|Competitive fees

Cons: Inactivity fee applies after 12 months

Cannot withdraw funds - classic scam

S
Susan F.
1 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Allysnexus 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.

Pros: Initially responsive customer service

Cons: No regulatory oversight|Money disappeared|Fake testimonials

No beneficiary designation

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Miles B.
1 months ago

Allysnexus had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Wide product range|Automated trading options

Cons: No dark mode on mobile|Email notifications too frequent

Ombudsman said they are uncooperative

D
Diana G.
1 months ago

If you are reading this considering Allysnexus - run. I wish I had read more negative reviews from a blog post comparing services. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Regular platform improvements|Wide product range|Easy to use platform|Stable platform

Cons: Currency conversion fee exists|No live chat on mobile

Proceed with extreme caution

D
David C.
2 months ago

After seeing ads for Allysnexus online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Unauthorized firm|Found in IOSCO warnings database

Trading execution is suspicious

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Derek Z.
4 months ago

I signed up with Allysnexus after a family member had a good experience 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: Excellent charting|Tax reports included

Cons: Spreads widen during volatile periods

Just terrible honestly

E
Edward X.
5 months ago

I joined Allysnexus while looking for alternatives to my previous provider and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Great customer service|Quick verification

Cons: Cannot customize dashboard fully|Limited social trading features

Withdrawal limits are a trap

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Richard W.
7 months ago

Allysnexus 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: Two-factor authentication|Fast deposits|Multiple order types|Reliable uptime

Cons: Slow to add new assets|Limited social trading features

Regulator has warned about them

I
Isaac L.
8 months ago

I referred a friend to Allysnexus after a family member had a good experience. 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: Detailed reporting|Fast deposits|Automated trading options|Multi-currency support

Cons: Desktop app not available on Linux

Left feeling scammed

J
Jake N.
8 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Allysnexus is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Fast support response|Regular updates

Cons: Cannot customize dashboard fully