Alvine Group Limited has been flagged by Finansinspektionen for "Fraud and Other Types of Misconduct". Alvine Group AB/ Alvine Group Limited has a website (alvine-groups.com) and is using the following contact information:
Alvine Group AB/ Alvine Group Limited
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Telephone: -
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: alvine-groups.com.
I had high hopes for Alvine Group Limited after attending a webinar they hosted, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multiple order types|Easy to use platform|API access|Excellent charting
Cons: Minor UI glitches occasionally|Would like more payment methods
KYC with Alvine Group Limited is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Portfolio tracking tools|Social trading features|Quick verification
Cons: Mobile app could be improved|Limited ETF selection
What really bothers me about Alvine Group Limited is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through word of mouth in my investment club and I fell for the polished exterior. Never again.
Pros: Tax reports included|Customizable dashboard|Risk management tools
Cons: Inactivity fee applies after 12 months|No phone support on weekends
I requested my data from Alvine Group Limited under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Tax reports included|Comprehensive tools
Cons: No phone support on weekends
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Alvine Group Limited 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: Lost entire investment|Reported to authorities|Unresponsive