Allied Top Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 11:53

Abstract：Founded in 2019, Allied Top is a Hong Kong-based online trading platform. It currently holds a suspicious clone Investment Advisory License under the FCA. Allied Top asserts it provides trading chances for 170+ items in six key asset classes: stocks, indices, commodities, forex, precious metals, and cryptocurrencies, with spread as low as 0.1 pips and a maximum leverage of up to 1:500.

Allied TopReview Summary
Founded	2019
Registered Country/Region	Hong Kong
Regulation	FCA (Suspicious Clone)
Market Instruments	170+, Forex, Metals, Stocks, Commodities, Indices, Cryptocurrencies
Demo Account	/
Leverage	Up to 1:500
Spread (Forex)	1.6 pips (Standard account)
Trading Platform	MT5, Web Trader
Social Trading	✅
Min Deposit	$0
Customer Support	Live chat
	Tel: +852 31041565
	Email: support@alliedtop.com.cn
	Registered address: OFFICE/SUITE NO.9B22 2ND FLOOR TOWER 1 CHINA HONG KONG CITY KL
	Physical address: 1105, 1F, Block A, No.1102 Huihe South Street, Banbidian Village, Gaobeidian Township, Chaoyang District, Beijing, China

　　Founded in 2019, Allied Top is a Hong Kong-based online trading platform. It currently holds a suspicious clone Investment Advisory License under the FCA. Allied Top asserts it provides trading chances for 170+ items in six key asset classes: stocks, indices, commodities, forex, precious metals, and cryptocurrencies, with spread as low as 0.1 pips and a maximum leverage of up to 1:500.

Pros and Cons

Pros	Cons
Various tradable assets	Suspicious clone FCA license
No commissions	Limited payment options
MT5 available
No minimum deposit
Live chat support

Is Allied Top Legit?

　　No. Allied Top is suspected of being a fraudulent clone, claiming to be governed by the Financial Conduct Authority (FCA) and possessing an Investment Advisory License (No.586463).

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	Financial Conduct Authority (FCA)	Suspicious Clone	BCS Prime Brokerage Ltd	Investment Advisory License	586463

What Can I Trade on Allied Top?

　　Allied Top provides trading chances for 170+ items in six primary asset classes, such as stocks, indices, commodities, FX, precious metals, and cryptocurrencies.

Trading Asset	Available
forex	✔
metals	✔
commodities	✔
indices	✔
stocks	✔
cryptocurrencies	✔
bonds	❌
options	❌
ETFs	❌

Account Type/Fees

Account Type	Standard	VIP	PRO
Min Deposit	$0	$5 000	$10000
General Variety Spread	3 pips	2 pips	1 pip
Forex Spread	1.6 pips	1 pip	0.5 pips
Commission	❌	❌	❌

Leverage

　　Allied Top offers leverage up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, Mobile, Web	Experienced traders
Web Trader	✔	Web	/
MT4	❌	/	Beginners
Trading View	❌	/	Beginners