www.alioth.club has been flagged by AMF (France) for "Unauthorised". Category: Forex 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.alioth.club.
I joined www.alioth.club after reading several online reviews 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: Clean UI|Tax reports included|Full transparency|Quick verification
Cons: Nothing significant
The spread at www.alioth.club is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Responsive team|Fast execution
Cons: Alert system is basic|Help articles are sometimes vague
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. www.alioth.club said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Market news feed|Smooth onboarding|Good mobile app
Cons: Limited ETF selection|Nothing significant
The only good thing about www.alioth.club is that they remind you why regulation matters. I found them after comparing multiple platforms. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Clean UI|Fast execution
Cons: Email notifications too frequent|Live chat only during business hours
The hidden fees at www.alioth.club are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Dedicated account manager|Fast support response
Cons: Limited cryptocurrency options|Could offer more webinars