Allied Asset Funds portrays itself as an investment firm that offers various investment opportunities across different asset classes. The company’s marketing materials often highlight the potential for substantial returns on investments, promising to grow investors’ wealth. Read this complete Allied Asset Funds review to know why we add this broker in our scam brokers list.
Website – https://alliedassetfunds.com/
Address – No. 5 Cork Street, Belize District, Belize, C.A
Warning – Not recommended by review website like IOTSPYNET
Regulation – Unregulated
Domain Age –
|Date Registered||September 03, 2018|
|Domain Age||5 years, 1 month, 12 days, 5 hours, 1 minute, 12 seconds|
About Allied Asset Funds
Allied Asset Funds fails to introduce any of their “fund managers,” despite their claims of being a professional team of experienced traders. The vendor currently offers three investment plans, with the minimum deposit starting at $2,000 for the Silver account and going up to $100,000 for the Platinum account.
Considering that the website has been in existence since 2018, it was reasonable to expect the vendor to provide a proper introduction to establish trust. Presently, the team remains anonymous, and their location or the alleged 10 years of trading experience cannot be verified. If they have neglected to include this essential information on their website for this long, it raises doubts about whether they will ever introduce themselves.
Allied Asset Funds Review: Lack of Regulation
One of the most glaring warning signs surrounding Allied Asset Funds is its lack of regulatory oversight. Reputable financial institutions and investment firms are required to adhere to strict regulations and provide transparency to their clients. Allied Asset Funds, however, operates without any credible regulatory authority overseeing its activities, leaving investors exposed to potential fraudulent practices.
In fact, we have discovered that the website is duplicating content from another questionable Forex trading website. A reputable fund manager typically doesn’t resort to scouring the internet for content to copy and paste. This might elucidate why these individuals are unable to offer a genuine self-introduction. Furthermore, we find the excessive content on their website rather laborious to navigate. They have failed to provide any distinctive reasons to instill confidence in their ability to oversee our funds.
Allied Asset Funds Review: Limited Information
Allied Asset Funds maintains an online presence that lacks transparency and detailed information about its business operations, investment strategies, and the identities of those running the company. This lack of transparency raises suspicions about its legitimacy and accountability.
Allied Asset Funds Review: Unrealistic Promises
The company entices potential investors with unrealistic promises of high, guaranteed returns. In the world of financial investments, it’s essential to remember that there are no guaranteed profits without associated risks. Any investment that assures guaranteed returns should be met with skepticism.
Customer Feedback and Complaints
We came across a single review of Allied Asset Funds on the FPA forum, in which a lone customer rated them with one star and categorically asserted that the company is a scam.
It’s important to note that this review aligns with our assessment, as the company’s website fails to reflect the level of professionalism one expects from a fund manager. The same client also raised concerns about the authenticity of their trading results.
This broker operates primarily to generate substantial commissions from the misfortunes of live Forex trading accounts. Their reported results appear highly dubious, as there is a conspicuous absence of any losses in their records. They claim consistent monthly profits, which raises significant doubts.
The lack of transparency is particularly concerning. Reputable vendors typically furnish a comprehensive introduction and valid justifications for engaging in their managed accounts. In this case, the company falls short of these expectations, suggesting the possibility of a sophisticated scam.
If you’ve fallen victim to a scam, like Allied Asset Funds or any other deceptive scheme, you possess the legal right to take action against the individuals behind it. To commence this legal process, simply complete our online complaint form, and our experts will provide you with a free consultation. Within this consultation, we will outline the crucial steps necessary to aid you in recovering your funds. Please be assured that safeguarding your financial security is our utmost concern, and we are fully committed to assisting you throughout the entire process.
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