Alaric Securities

The broker made promises that its clients, including me, fell for, but they took a very long time to credit the money to the trading deposit, and then, after three weeks of profitable trading, refused to withdraw my profits

The broker is regulated, but there are issues with their licenses and commissions. The company did not obtain a license to operate in the UK, but has an office in London, which is contrary to British law! Therefore, Alaric securities can offer any favorable terms, but clients from the UK are not protected from fraud. In addition, the broker’s history is somewhat peculiar: a Bulgarian company has been in business for 14 years, but no one knows about it. Furthermore, I reviewed the website, and it does not inspire confidence. The alaricsecurities.com resource appears to be poorly designed: there is no layout, no adequate display of information, and no clear rates. Therefore, I do not believe that the license indicated there is valid for offices in Frankfurt and London. In short, the company looks very dubious, and its trading conditions and regulation are even more dubious.

The broker from Bulgaria, authorized in home country, operates on the basis of advanced technologies, which reduces risks! Since I have been registered for 7 months, I can draw conclusions about trading with Alaric Securities. Although the appearance and design of the website leave much to be desired, it is not about the beauty of the website design. The fact is that the conditions here are favorable, the company is supervised by the FSC, and the broker is a member of the European Financial Services Providers Fund. I would like to note that it has the same level of protection as the Pentagon! In other words, it is safer to keep money on alaricsecurities.com than in a bank. Overall, trading is convenient and execution is fast. There are very few drawbacks, mostly just advantages.

Imagine this situation: you are told that your capital is growing, you are making money, but then you discover that it’s all just numbers on a screen. That’s how I was tricked into joining Alaric Securities. I invested $2K, and everything looked great: charts, analytics, user-friendly interface. However, as soon as I tried to withdraw my money, the typical scam began. They demanded: “Confirm your identity,” “wait for verification,” and then simply blocked me, saying that I had not passed the verification. So, no money, no support. That’s how the scammers at alaricsecurities.com work – they pretend that everything is fair until it’s time to pay up!!!

I noticed the following: when bears start to put pressure on the charts on all global exchanges, at that moment bulls move the price on global markets on this broker’s charts. It’s a complete scam! Moreover, it is impossible to trade on news, so take your money out of here and be happy if you get at least something back. Look for another trading platform.

I worked here for almost a year, earned good money, and as soon as I decided to withdraw funds, problems began. As a result, my account was blocked, the money disappeared, and customer support seemed to vanish into thin air. So these scammers pocketed $4,500, and I was left with nothing 🙁

I invested $6,200 here, hoping to improve my financial situation in some way. At first, everything went smoothly, and I even saw a 10% increase. And then they blocked my account without explanation

I’ve never seen anything like this before. I wonder if the managers at ALARIC SECURITIES are even thinking about withdrawing the money to my bank card? However, I don’t even know if I should wait and put up with it?? or if I should already look for the regulator’s contact details and find out how they can help me get my money back from alaricsecurities.com. I should note that technical support is not responding to phone calls or emails. I don’t understand anything! Meanwhile, I found this broker myself, opened an account with ALARIC SECURITIES, and deposited £180. Since this company has an office in London, I believed in their reliability. Although I cannot find this company in the FCA register now. Do they cooperate with the regulatory authorities of the UK and Germany? This is unknown! In any case, I have a problem. It seems that I will not be able to get my money back. It is important to note that there is very little information about this broker, practically nothing on the internet, as if it had just appeared, but according to the information on the website alaricsecurities.com, the project has been operating for over 10 years…

I traded here a couple of times with small amounts, and everything looked pretty good. Then I decided to open a leveraged account and deposited $1k. As it turned out, alaricsecurities.com works terribly, it’s just a nightmare, so it seems I was wrong in my first impression…