Global Broker Regulation Inquiry App
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Allianz Market

Dominic Dominic | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://allianzmarket.biz/en

Website

Rating Index

Contact

48221531389
support@allianzmarket.com
https://allianzmarket.biz/en
8 Copthall, Roseau Valley 00152, The Commonwealth of Dominica
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Dominic Dominic
Operating Period
2-5 years
Company Name
Commerzgroup International Limited
Customer Service Email Address
support@allianzmarket.com
Contact Number
48221531389
Website
Company Summary
Comment

Users who viewed Allianz Market also viewed..

XM

XM

9.10
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
FXCM

FXCM

9.34
Score
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
FXCM
FXCM
Score
9.34
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
EC Markets

EC Markets

9.07
Score
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
EC Markets
EC Markets
Score
9.07
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
FBS

FBS

8.79
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
FBS
FBS
Score
8.79
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

Website

  • allianzmarket.biz
    172.67.130.128
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Summary

Note: Allianz Market's official website - https://allianzmarket.biz/en is currently inaccessible normally.

Allianz Market Review Summary
Founded2020
Registered Country/RegionDominic
RegulationUnregulated
Market InstrumentsCommodities, Indices, Shares, ETFs, Cryptocurrencies
Demo Account
Leverage1:500
Trading PlatformMT5 and Web
Min Deposit$250
Customer SupportTel: 48221531389
Email: support@allianzmarket.com
Facebook: https://www.facebook.com/Allianz-Market-Plataforma-de-Trading-106816214840770; https://www.facebook.com/Allianz-Market-113101080872295
Instagram: https://www.instagram.com/ftmarketsglobal/
Physical address: 8 Copthall, Roseau Valley 00152, The Commonwealth of Dominica

Registered in Dominica in 2020, Allianz Market serves as a financial brokerage firm offering a variety of trading products, such as Commodities, Indices, Shares, ETFs, and Cryptocurrencies. The company provides comprehensive customer support and leverage up to 1:500. However, it lacks regulation from any financial authorities, which may raise concerns about the safety of client funds.

Allianz Market's homepage

Pros and Cons

Pros Cons
Multiple trading choicesUnavailable website
MT5 trading platformNo regulation
Popular payment optionsNo demo accounts
Comprehensive contact channelsHigh minimum deposit ($250)
Withdrawal fee charged

Is Allianz Market Legit?

No, Allianz market operates without regulation, as the broker is based in Dominica, where there is no oversight of its foreign exchange market. This lack of regulation has made Dominica a breeding ground for various scams. Trading with this broker involves extremely high risks and offers no protection to traders.

Registered office

What Can I Trade on Allianz Market?

Allianz Market provides trading opportunities in a wide range of Commodities (such as precious metals and energies), Indices, Shares, ETFs, and Cryptocurrencies.

Tradable Instruments Supported
Commodities
Indices
Shares
ETFs
Cryptocurrencies
Forex
Bonds
Options

Leverage

On one page, Allianz Market claims to offer leverage up to 1:500, while on another presentation, it states that the leverage is 1:400. Regardless of which figure is accurate, both represent high levels of leverage that pose significant risks to retail investors. In addition, the fact that they are unregulated and lack any credibility exacerbates these risks.

Trading Platform

Allianz Market claims to offer both MetaTrader5 and an “advanced” web-based platform. However, in reality, these platforms appear to be quite basic, inexpensive, and unreliable.

Trading PlatformSupported Available Devices Suitable for
Web Trading PlatformWeb/
MT5/Experienced traders
MT4/Beginners

Trading Platform

Deposit and Withdrawal

  • Allianz Market states that it accepts payments via credit cards such as VISA and MasterCard, Bitcoin, and wire transfers.
  • However, withdrawing funds from Allianz Market is complicated and costly. For instance, if you receive a bonus of only $1,000, you must trade a minimum of $10 million, which is absolutely ridiculous. For more details, please refer to the attached image.
  • In addition, Allianz Market promises zero deposit and withdrawal fees, but in reality, if your trading volume is insufficient, they will charge you a fee of€50. Furthermore, if for any reason Allianz Market decides to “investigate” your account, all your withdrawal requests will be suspended.
Deposit and Withdrawal 1
Deposit and Withdrawal 2

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com