If you are looking to read All Solutions FX reviews, you are in the right place. Is the AllSolutionsfx.com platform a reliable broker? Read reviews to know about this forex broker whether to use or not.

This content promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.

About All Solutions FX

All Solutions FX otherwise known as Allsolutionsfx.com is an offshore brokerage with a lot of promises for forex traders. The forex company presents it registered address in Saint Vincent and the Grenadines and a company called Shlack Consulting Llc is behind AllSolutionsFX.

What is more, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices. Also, it presents a zero spread difference in Buy/Sell.

All Solutions FX offers different account types such as —

Is Allsolutionsfx.com a Scam Forex Broker?

First of, Allsolutionsfx.com openly presents its registered address in Saint Vincent and the Grenadines (SVG).

Saint Vincent and the Grenadines SVG is an offshore zone with no broker regulations in place. As soon as you open the website of the local Financial Services Authority you see a warning that the institution does not license forex and other types of brokers and does not supervise the activities of International Business Companies engaged in such activities.

Due to the large number of scammers taking advantage of this lack of regulatory oversight, starting in 2023, the financial authorities in the SVG began requiring international brokerage firms registered in the country to provide proof that they hold the necessary licences in the jurisdictions in which they provide financial services.

Furthermore, the broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.

These are drawbacks for forex traders/ clients to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.

Won’t you rather trade with a licensed and legit broker? Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK, ASIC in Australia, NBRB in Belarus, CySEC in Cyprus as well as IIROC in Canada which makes client funds safe. They accept traders worldwide…visit their official website

All Solutions FX Minimum Deposit for Traders

The broker All Solutions FX specifies $250 as its minimum deposit based on the account type. In comparison, legitimate brokers clearly spell out their regulations and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.

According to All Solutions FX funding methods, it showcases other popular payment methods. But the broker actually wants you to invest through the crypto method, which is untraceable.

Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!

Withdrawal process

All Solutions FX withdrawal leaves us with no specific information on withdrawal fee nor processing days on withdrawal request. The broker provides no clear description on trade requirements  that must be met before a withdrawal.

All Solutions FX Trading Software — Is It Safe?

All Solutions FX offers a basic web trading platform that doesn’t feature extensive customization options or advanced functionality.

Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.

All Solutions FX offers leverage as high as 1:500 on forex majors. Honestly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

Argument Against All Solutions FX Licensing and Regulation

Like in any corporation, integrity is a key to uphold these days. It doesn’t matter if you make a lot of money but you can’t take it out. That is to say, exactly what is happening with non-licensed companies.

Having said that, it is not far from believing that All Solutions FX is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website

Final Thoughts:

All Solutions FX claims to appear like a genuine trading broker, however, you should not take the words they say. It is a non-regulated cryptocurrency broker offering financial services to clients. From all indications, we advise traders to steer clear from the unlicensed broker as they likely a platform run by scammers.

Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.

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