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Trade Alliance LP
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Do You Want to Know If Trade Alliance LP Is Legitimate or a Scam Broker?
Trade Alliance LP seems like a real broker. Its site looks professionally designed and it provides legal documentation. Trade Alliance LP also seems to be regulated–at first glance. However, we took a closer look and realized that there are some dangerous games going on with Trade Alliance LP. They claim to be run by a licensed company, but don’t prove that this is the case or that it is regulated by the FCA.
There Are Some Problems with Trade Alliance LP
There is one clue that Trade Alliance LP isn’t regulated at all–it offers bonuses and high leverages that aren’t permitted to EU or FCA regulated brokers. Its leverage is 1.500 which is dangerously high. This level of leverage is intended to cause clients to become indebted to the broker and justify their refusal to grant withdrawals. The deposit of $250 is much higher than competitors. Also, it accepts deposits only in cryptocurrency, which isn’t a good sign either.
Red Flags that Trade Alliance LP Could Be a Scam Broker
- No license
- Dangerously high leverage
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from Trade Alliance LP, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Trade Alliance LP close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative report
