AllTradingEurope26 Review | Is this Platform a Scam or Not?

The brokerage company AllTradingEurope26 aims to provide its services to both retail clients and institutional ones. Legally, the firm is based in Ireland, where it is regulated by the Central Bank, and also operates according to the European MiFID directive. An office has even been opened in Luxembourg. However, is all this information true? Since the broker does not provide any proof, it’s not advisable to take their word for it. The number of reviews online is not that high, and the period of operation is not specified. We will try to find out whether the platform is a scam or not.

Highlights

First Impression of Alltradingeurope.fr

The official website looks generic and quite dull. It is available in two languages: English and French. It’s worth noting that text cannot be copied. AllTradingEurope26 has disabled this function along with many others for some reason.

At the top of the page, there’s a standard panel with basic information about the company:

• Platform.
• Account types.
• Market overview.
• Crypto assets.
• Our story.
• Contacts.

The broker hardly reveals anything about itself. Many details of its operations are ignored, for example, the date of establishment and the business model. It’s also curious why they chose the name AllTradingEurope26? Why the number 26, and not 23, for example? Thus, the firm raises many questions that should be answered on the official website, but they are not.

We couldn’t find any legal documents. Even basic ones like the user agreement, AML&KYC policy, refund, and others. Perhaps they are hidden somewhere in the personal account area, but this should not be the case. In general, the AllTradingEurope26 website is of low quality and cannot be praised.

Partnership and Bonuses

The affiliate program is an excellent additional income for some traders. It helps generate stable profits and feel more confident in the financial markets. However, AllTradingEurope26 did not offer such a wonderful opportunity to their clients. The affiliate program is not even mentioned on the website.

Account Opening on Alltradingeurope.fr

The account creation process is very fast and simple, so it shouldn’t cause any difficulties. Thus, AllTradingEurope26 requires several pieces of information:

• Name.
• Contact details (phone and email).
• Country.
• Password.

Oddly, there’s no link to the user agreement and other legal documents, as the client needs to carefully study these and tick a box to agree. We also didn’t notice a demo account in AllTradingEurope26, so it’s quite likely that there isn’t one.

Next, the client portal interface opens. It is quite primitive, without any frills or uniqueness. However, from what the personal account at AllTradingEurope26 looks like, some conclusions can be drawn:

1. An affiliate program is indeed offered. Strangely, there’s not a word about it on the website, and even at the registration moment, there’s no need to enter an invitation code. In the personal account, there is a section dedicated to the referral program with an invitation link. From there, we learned that both the partner and their referral receive 100% bonus credits on the first deposit.
2. There is also a demo account. At least, the dashboard displays “demo accounts”, which suggests the existence of such a feature.

Additionally, the AllTradingEurope26 personal account allows performing other standard operations: editing personal information, receiving transaction history, depositing funds, withdrawing funds, and uploading documents for KYC.

Verification

All information about KYC is located in the relevant section in the personal account. From there, we learned that AllTradingEurope26 follows the AML&KYC policy, meaning all clients are required to provide a standard set of documents for verification:

• Confirmation of identity.
• Confirmation of residential address.
• A photo/scan of the bank card showing the client’s name, part of the card number, and the expiration date.

Without KYC, it is impossible to withdraw money from AllTradingEurope26. Moreover, the broker does not specify how long the document verification will take. We also recommend not to rush with uploading documents to unverified organizations, as your personal data may fall into the wrong hands.

Trading Software

The official website repeatedly mentions that the broker offers the MT4 platform, but what we see is quite the opposite. We are presented with a primitive WebTrader, which doesn’t even come close to the popular MetaTrader 4. Where did AllTradingEurope26 get such nonsense about their terminal? Perhaps they attributed MT4 to attract clients who have already encountered this software in trading, as it is the most popular among brokers?

Show the terminal to any experienced forex trader, and they will definitely confirm that it is not MetaTrader. Instead, the platform is taken from the popular service tradingview, at least in terms of charts and tools. Clients can use graphical elements, for example, lines, trends, Fibonacci, and others. Also available to them are only 5 timeframes, all types of charts, indicators, and pending orders, including stop-losses and take-profits.

How Can I Trade With AllTradingEurope26?

Clients gain access to 5 asset classes: cryptocurrencies, currency pairs, commodities, indices, and stocks. However, all instruments are only available as CFDs. According to the official website, AllTradingEurope26 charges two types of commissions:

1. Administration fee 0,4%.
2. Management fee 0,35%.

We will next examine the tariff plans, as many conditions and the set of additional services depend on them.

All Info About Accounts

AllTradingEurope26 has developed 7 types of accounts. The higher the tariff plan, the more favorable the conditions, but also the higher the minimum deposit. The set of additional services is as follows:

• Customer support.
• Minimum order size 0,01 lots.
• Leverage up to 1:1-1:200.
• Tight spreads.
• Financial instruments.
• Access to 300-1,500 assets.
• Reliable platform.

The minimum deposit at AllTradingEurope26 is insanely high – $5,000. It is not entirely clear to us why the company requires such a substantial amount for clients to start trading. For comparison, many popular and more vetted brokers have a minimum deposit threshold not exceeding $10.

The distribution of leverage is also interesting and completely illogical. Why offer traders on the Platinum tariff, where the minimum deposit is $100,000, a leverage of 1:200? Such a ratio is needed by those who do not have a large amount for trading. Apparently, AllTradingEurope26 understands all the risks associated with margin trading and offers such high leverage to clients with serious deposits to expedite their potential losses.

Market Analysis and Education With Alltradingeurope.fr

Absolutely no additional functionality. Everything the company offers can be seen in the description of the tariff plans. AllTradingEurope26 does not offer useful options, such as an economic calendar or a financial news feed. Even educational courses have not been developed, nor is there any free educational content.

Deposit, Withdrawal, and Fees

On the website, you can notice the logos for Visa/Mastercard, as well as bank wire transfers. In the personal account, when choosing a method to withdraw funds, these two methods are also available. There is no further information about ways to transfer funds on the website. It turns out that AllTradingEurope26 only offers two ways to deposit and withdraw money.

Well, that’s very sparse. Currently, cryptocurrencies are more popular among traders because they are cheaper, more convenient, and faster. Moreover, there is no support for payment systems like Skrill/Neteller. Additionally, the broker does not disclose any commissions or processing times for withdrawal requests. The more we examine the platform, the less attractive it becomes for trading.

How Can I Contact It?

You are unlikely to be able to contact the managers of AllTradingEurope26, despite the listed phone number and email address. The fact is that these are fake contact details. Look at the phone number +45(0)800123456 – it’s just a sequence of numbers from 0 to 6. And checking the email showed us that it simply does not exist.

You can also try to leave a message for technical support in the “contacts” section, but something tells us that it would be pointless. Moreover, online chat and social media accounts are completely absent.

Is AllTradingEurope26 Dangerous?

As we gradually dissected this brokerage company, we realized that it’s definitely not profitable to trade here. A huge minimum deposit, high commissions, hidden spreads, a primitive platform, and the lack of useful additional services – this does not resemble a beneficial and client-oriented broker at all. However, it’s important to analyze the security and reliability of the platform. Therefore, next, we will examine how long AllTradingEurope26 has been providing brokerage services and its legitimate status.

How Long Does The Broker Work?

There’s no need to look for the foundation date on the official website, as it is not mentioned there. So, what to do? The approximate launch date of the platform can be suggested by the domain of the site, as an online broker cannot operate without it.

Thus, the domain was registered on December 6, 2023. Therefore, AllTradingEurope26 is a very young company. It is impossible to create a reputation as a safe and verified brokerage intermediary in such a short period.

How Is AllTradingEurope26 Regulated?

The footer of the website indicates the jurisdiction of Ireland, as well as regulation by the Central Bank of Ireland. However, is this true? No, because AllTradingEurope26 is not listed in the register of the Central Bank of Ireland.

The company also chose an interesting and rare jurisdiction for its office – Luxembourg. In this country, the CSSF is responsible for monitoring brokers, but we did not find AllTradingEurope26 in this financial commission.

We also decided to check the Luxembourg commercial registry, as there is a suspicion that the address listed on the website is fake. Indeed, our subject was not found in the registry.

Frequently Asked Questions (FAQ)

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Expert Opinion

Interestingly, where do the positive reviews about AllTradingEurope26 come from? Oh right, these are fake comments. A typical trick of scammers to lure inexperienced traders and beginners into their den. It should be obvious that this is a scam broker. No license, operational for just a few months, fake contact details, and terrible trading conditions – how many more red flags can be found? For example, the business model here is a dealing desk. This means the platform profits only when traders lose money. So, do you really want to start “trading” in such a place? I hope there will be no takers, and the fraudsters created their fake brokerage site for nothing.