AllUP Intl: customer reviews on the company’s performance in 2024
Detecting Dishonest Brokers in Financial Markets
Fraudulent brokers find ways to manipulate the trading process, deceiving their clients. Novice traders may be unaware of such tricks, eventually leading to significant losses. One recent example of financial market scams is the company AllUP Intl. In this research, we will share indicators pointing to the subpar service of this firm. Among the information we discovered are customer reviews and other aspects of the firm’s commercial offer.
Detailed Analysis of AllUP Intl
AllUP Intl does not disclose their establishment date, but their website displays images suggesting prestigious awards since 2018. Among other indicators are:
- 38,121 active traders,
- client balances totaling $766,322,990,
- daily turnover of $4,923,035,661.
Initially, the company appears quite reliable and experienced. However, recent reviews have raised questions about the organization’s tenure.
According to the whois specialized service, the AllUP Intl website was indeed created in 2018.
However, information was found in the network archive indicating that the domain name was for sale in recent years, and it was only recently acquired by scammers for their purposes.
The staff at AllUP Intl have no plans to assist clients in resolving their issues. This can be inferred not only from reviews but also from the fact that the contact information provided on the website is false.
Considering the reviews, even the company’s address in Germany listed on the site is also fictitious. In reality, at the specified address, there are a law firm and an advertising agency.
According to reviews, the company representatives contact victims through temporary numbers, which are then disposed of to avoid calls from deceived clients.
Legal Basis Analysis
AllUP Intl employees claim their activities are legal and regulated by authoritative bodies such as DFSA, CySEC. However, they overlooked that the registries of these organizations are publicly available for scrutiny online. The images below display search results for licensed firms in Cyprus and the UAE.
It is important to remember that engaging with illegal brokers is self-deception. Such companies may only create an illusion of trading. In practice, they do not even intend to conduct transactions in the real market or fulfill agreements.
Trading Offer from AllUP Intl
The schemers at AllUP Intl are aware of the limited lifespan of their fraudulent project. The emergence of numerous fraudulent reviews will compel them to rebrand and launch a new deceptive website. This is why they aim to extract maximum profit from others’ wallets in the shortest possible time.
Commercial offer features:
- three tariff plans starting at $1,000,
- leverage up to 1:100,
- lightning-fast order execution,
- deposits above $25,000 grant access to trading metals and cryptocurrencies, a personal PAMM account, zero swap,
- Master account holders are offered additional services: insurance, personal consultant, trading with indexes and ETFs.
As per user reviews, depositing funds poses no issues (which benefits the scam authors), but withdrawing profits is deemed impossible. Scammers do not even allow users to recoup their initial investments.
Review of Reviews
Reviews about AllUP Intl have a negative tone due to the company’s unethical behavior. Fraudsters strive to extract everything possible from clients’ wallets. To confirm this, we invite you to read reviews from former clients:
Want to share your thoughts on our review? Leave your feedback using the special form available below the article. Share your experience of dealing with scammers from AllUP Intl and whether you managed to recover your funds.
Deception Perspective in the Financial Market
AllUP Intl are experienced scammers who execute a well-established deceitful scheme. They promise riches at first, and when an investor loses money due to their recommendations, they simply shrug it off. They do not provide any compensation for the losses. To the most persistent clients, they immediately block the account. No explanations are given, only an email notification of contract termination unilaterally (such as for alleged money laundering).
Conclusion
If you aim to make profits in financial markets, avoid engaging with AllUP Intl. The likelihood of making a profit here tends towards zero. Scammers only work for their own needs, disregarding clients’ requirements. The analysis results and opinions of real users confirm that the company AllUP Intl is nothing more than another fraudulent scheme.