ANSWER Dear Investor,We are concerned that AllGreatTrade is a scam.In the website footer, AllGreatTrade only provides a link labeled with a company number to a specific page of Companies House (CH) to appear authentic. It doesn't disclose any other valid licensing details to substantiate its legitimacy in the market. Mere registration with the CH doesn't carry the same weight as authorization from a financial authority. Therefore, the limited information claimed by AllGreatTrade cannot be considered solid evidence of its legitimacy. Additionally, the Commission de Surveillance du Secteur Financier (CSSF) has issued a warning about the unauthorized activities carried out by AllGreatTrade, which is another red flag for the broker's non-compliance.Therefore, we strongly suggest you avoid using AllGreatTrade, as it is not regulated at all. To ensure a safer trading environment, it is highly recommended to choose fully regulated brokers.
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