AllTradingEurope26 Review: Scam or Legit Broker?

 
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AllTradingEurope26.fr is a broker that obviously targets French speaking customers with their offer of favorable trading conditions, intuitive platform and superior fintech technology. Despite a Haute-Luxenbourg address where 98% of people speak French, the broker’s legal documents reveal that they’re incorporated in Ireland and regulated by the local central bank. This is inconsistent to the location of the broker and in our analysis, we will be paying attention to such inconsistencies because they can tell a story. So do not rush to sign up just yet.

Company Details

Name of firmAllTradingEurope26
Website addresshttps://alltradingeurope.fr/
Email addresssupport@AllTradingEurope26.fr
Location14 Bd Royal, 2449 Ville-Haute Luxembourg
Phone number📞+45 (0)800 123 456
Min deposit❗$5,000
License❗Suspicious
Trading terminalWebTrader
Important information that you should know about this broker

Review of AllTradingEurope26 website and client portal

The design of the website features big fonts and space between paragraphs which makes it easier to read through. As soon as you open the website, you will be greeted with a bold statement that encourages people to “Step into the trading arena with confidence”. All Trading Europe 26 imply that they’re your true trading partner and that people can use any kind of trading styles they want on their platform. Most of the time brokers say you can use any trading style but rest assured that if you use arbitrage trading, these brokers will ban you.

The statements on the AllTradingEurope26 website are promotional in nature. The broker is desperate to convince people that their platform is intuitive and they are innovative, reliable and transparent. Instead, it would be better if they let clients discover these things for themselves. A lot of self-praise is often one of the indicators that a broker is not to be trusted so much.

Opening an account with AllTradingEurope26 is not so difficult. Once you click Open Account button, the page will load quickly and give you two options: one is for signing in and another is for signing up.

AllTradingEurope26 client portal

The client portal is a basic user dashboard. It is where users can fund their account, request withdrawals, complete KYC requirements as well as look at the account summary. This is the most basic version of a user portal that we’ve seen.

Trading platform

To begin trading, you have to locate the “trading room” link on the AllTradingEurope26 homepage. When interacting with the WebTrader platform, it felt like a trading simulator rather than a real trading platform where all orders pass through regulated exchanges. It felt like this broker is actually trading against their clients. WebTrader brokers who offer Forex and CFDs assets are notorious for this. It would not catch us by surprise that AllTradingEurope26 is engaging in under-hand tactics to sabbotage traders success.

The trading terminal

Trading conditions

AllTradingEurope26’s trading conditions are ambigious because the broker failed to publish a page that is dedicated to letting traders know what fees they’ll pay, how spreads will look like etc and what execution they’ll be expecting. In our opinion, this broker has failed to admit that they lack transparency. Trading with such a broker would hinder your success.

AllTradingEurope26 account types

There are 7 account types which are categorized under “just starting” and “next level”. In the just starting category, the broker offers 5 different account types. A minimum deposit of $5,000 is needed to trade on the Basic account which offers limited assets and no leverage. The broker creates the illusion of sophistication by increasing deposit requirement to $25,000 and being more generous with their features. The higher the deposit, the more the features that traders are going to enjoy. However, we’ve noted that a demo account is currently not available despite the client portal providing some kind of demo account information. Since this broker lacks transparency, signing up and upgrading will only increase the risk of plunging into a very bad financial state.

Is AllTradingEurope26 legit or a scam?

We have not encountered strong evidence that suggests this broker is legitimate. It’s also not a good sign that a broker is “incorporated” elsewhere and doing business elsewhere. Speaking of company location, we found out that the business name is not registered in Ireland. You can confirm this by searching the company name “AllTradingEurope26”.

This creates confusion because now we are clueless as to why the broker is mentioning Ireland when they are not registered there. Is there a possibility that they’re affiliated with an Ireland entity? It’s hard to say.

We also discovered that the broker is pretending to be a licensed investment firm but in the real sense they have not acquired any license. If a broker can go an extra mile to lie, do you think they can be trusted with funds? We know they’re looking to create some legitimacy but this is clearly the wrong way to do it.

Pros and Cons

Pros

  • Nothing positive

Cons

  • A fake license
  • Short operating history as the website is less than 1 month old
  • No transparency
  • Ambigious trading conditions
  • Fake or misleading address

Summary

AllTradingEurope26 doesn’t look like a broker that can be trusted especially if we consider the fact that they’re liars and have never secured a trading license. For that reason, we advise our readers to exercise caution and avoid creating accounts on this broker’s website. Exploring other alternatives would be the best way to safeguard funds and invest wisely.

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