In this review, we will describe why your funds are not safe with Allpips.
Is Allpips Legit ?
Allpips is an offshore broker. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why your funds are not safe with Allpips.
Are Funds Safe with Allpips ?
With such lack of information and Allpips being offshore, funds are not safe. Security of funds is a huge problem with offshore brokers. A red flag that we noticed is Allpips is withholding vital information to users.
Allpips could go bankrupt from one day to another since there are no banking information about this broker.
Fill out the form below and get a FREE consultation today. (If you lost more than $5,000, please use the chat).
Allpips Review: our Conclusion!
Allpips is an offshore broker. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.