Allied Top FX Overview
Founded in 2019 and headquartered in Hong Kong, Allied Top FX offers traders a diverse range of Forex, Precious Metals and CFD trading opportunities. Operating without regulation, the platform offers both real and simulated accounts to satisfy traders at all levels. Allied Top FX offers leverage of up to 1:200 and spreads as low as 0.5 pips. The platform operates on a commission-free model and supports a variety of deposit methods including telegraphic transfers, debit cards and other payment options. Traders have access to the trading platform known as METATRADER 5, which features advanced features and a user-friendly interface. Allied Top FX provides customer support via email and phone, as well as educational resources such as Forex courses and economic indicators to help traders succeed on their trading journey.
Is Allied Top FX legal?
Allied Top FX operates without regulation. This broker lacks oversight from an accredited financial regulator, which raises concerns about dispute resolution avenues, safety of funds, and transparency of business practices. Traders should exercise caution when considering trading with an unregulated broker like Allied Top FX, as there may be a lack of effective protection mechanisms.
Trading Tools
Allied Top FX offers a range of trading tools including Forex, Precious Metals and Contracts for Difference, providing traders with diverse investment opportunities across different asset classes.
Account Types
Allied Top FX offers traders two main account types: a real account for real trading with real funds, and a demo account for demo trading with virtual funds.
Leverage
Allied Top FX offers leverage of up to 1:200, enabling traders to amplify their trading positions, potentially increasing their gains or losses.
Spreads and Commissions
Allied Top FX offers a starting spread of 0.5 pips and does not charge a commission, potentially offering cost-effective pricing to traders.
Methods of Deposit and Withdrawal
Allied Top FX's customers can access funds directly on the official website of Allied Top Industrial (Hong Kong) Limited via bank transfer, debit card or other available payment methods.
Trading Platform
Allied Top FX offers the METATRADER 5 trading platform known for its advanced features and popularity with traders. With METATRADER 5, traders have access to advanced charting tools, technical analysis and expert advisors to enhance their online trading experience.
Customer Support
Allied Top FX provides customer support via email support@alliedtop.com.cn and provides contact information at + 852 31041565. The registered address is OFFICE/SUITE NO.9B22 2ND FLOOR TOWER 1 CHINA HONG KONG CITY KL. The actual address is Room 1105, 1st Floor, A, No. 1102, Huihe South Street, Gaobeidian Town, Chaoyang District, Beijing.
Educational Resources
Allied Top FX offers clients a diverse range of educational resources, including, foreign exchange courses, and economic indicators, to enhance their trading skills. These resources include educational videos, economic terminology, e-books, and online lectures. The global Client Server team is on hand to assist clients, ensuring that support for learning and trading skills development is available.
Conclusion
Overall, Allied Top FX offers traders a range of advantages, including a diverse range of tradable assets, commission-free trading, and the convenience of using the METATRADER 5 platform, facilitating a dynamic trading experience. However, the lack of regulation of the platform may raise concerns about investor protection, while limited customer support channels and lack of bonus offers may affect the overall user experience. Traders should carefully consider these factors, as well as the platform's strengths, to make informed decisions that align with their trading objectives and preferences.
