ALURE TRADING has been flagged by Comisión Nacional del Mercado de Valores 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.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that ALURE TRADING has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
I was contacted by ALURE TRADING through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Do not be fooled by the professional-looking website. Behind the scenes, ALURE TRADING is disorganized and incompetent. I found them after seeing their ad online and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Quick verification|API access
Cons: No dark mode on mobile
ALURE TRADING has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Educational resources|Good mobile app|Professional team|Regular updates
Cons: Withdrawal takes 1-2 business days|Nothing significant
ALURE TRADING 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: Good mobile app|Fast support response|Dividend tracking|Copy trading available
Cons: Slow to add new assets|Account statements could be more detailed
ALURE TRADING locked my account without warning and demanded documents I had already submitted. since early this 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: Economic calendar|Copy trading available|Good mobile app
Cons: Email notifications too frequent|No crypto staking
The reporting at ALURE TRADING is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Dividend tracking|Fast support response
Cons: Help articles are sometimes vague
The onboarding at ALURE TRADING 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: Low minimum deposit|Regular platform improvements|Regular updates
Cons: Research section could be deeper
I lost a significant amount because ALURE TRADING 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: Clean UI|Risk management tools|Stable platform
Cons: Limited cryptocurrency options|Limited ETF selection
After since last summer with ALURE TRADING I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Dedicated account manager|Automated trading options|Two-factor authentication
Cons: Minor UI glitches occasionally