Background
Alliance Trading Group is a platform that initially seemed trustworthy to many investors, including myself. The website, alltradinggroup.com, promised legitimacy and reliability, which led me to trust them and invest. The platform was polished, and the managers were polite and appeared professional. However, my experience took a sharp turn for the worse after I deposited money into my account.
The Scam
At first, the company’s representatives were responsive and courteous. However, when I attempted to withdraw my funds, they demanded a commission, which I paid twice. It was only after these payments that I realized I was being deceived. Eventually, the managers stopped responding, and the platform became unresponsive as well, with my funds frozen.
Investigation and Discovery
Upon further investigation, I learned that Alliance Trading Group was not a legitimate entity. The website, alltradinggroup.com, was only created on February 4, 2025, and all of the platform’s legal documents were fraudulent. I discovered that the platform had been using the name of a legitimate company, ALLIANCE TRADING GROUP LTD, a meat-producing company in the UK, to give itself a false sense of credibility.
The more I looked into it, the clearer it became that this was a fraudulent scheme aimed at deceiving unsuspecting investors. The company’s website was a recent creation, and no real company registration or licensing information could be found. The platform’s operations were not traceable, and attempts to report the case to the authorities revealed that Alliance Trading Group was not a registered company.
My Loss and Efforts to Warn Others
In total, I lost $3,100 to the platform. I want to help others avoid making the same mistake and prevent this scam from affecting more people. I’ve decided to share my experience to raise awareness and provide information that might help others avoid falling victim to the same fraud.
Scam Operations
The platform aggressively used online advertising and fake managers to build trust with investors. They assigned me a manager who appeared highly professional, which initially lowered my guard and made me feel comfortable with my investment.
Unfortunately, all transactions were processed via cryptocurrency, making it impossible to recover my funds or trace the transactions.
What I Learned
Lawyers and law enforcement confirmed that Alliance Trading Group was not associated with any licensed financial institutions. It is a fraudulent platform, operated by unknown individuals whose operations are difficult to trace.
How to Protect Yourself
- Always Verify a Broker’s Credentials: Before investing, make sure the broker is licensed and registered with the relevant financial authorities.
- Be Cautious of Online Ads: Scammers often use professional-looking advertisements to lure unsuspecting investors.
- Avoid Cryptocurrency Transactions: Many fraudulent brokers only accept cryptocurrency because it is harder to track and recover.
- Stop Transactions and Report the Fraud: If you suspect you are being scammed, stop all transactions and report the incident to the authorities immediately. Change all passwords for your wallets and cards if the payment was not made via cryptocurrency.
Additional Information
For more details and to read the full story, please visit: [Alliance Trading Group Scam – Full Review & Warnings].
If you or someone you know has been affected by Alliance Trading Group, or if you have any questions regarding this experience, feel free to contact me at [johnnncraneee@gmail.com].
FAQ About Alliance Trading Group
- What does Alliance Trading Group do?
It is not a legitimate company. It is a recently launched fraudulent website designed to collect deposits from investors without returning them. - Can this broker be trusted?
No, this broker cannot be trusted. It is under investigation, has no documentation, and its website was only recently created. It is not a legitimate platform. - How can I protect my funds from such scams?
To protect yourself, cease all transactions with them, even if they claim it’s for commissions. Report the scam to the authorities and change all passwords for your financial accounts.
Let’s spread the word and help protect others from falling victim to this scam.