ANSWER Allpips is a non-regulated broker we advise against trading with, despite the seemingly attractive deals it offers.Allpips fails to provide details about its company and the regulatory status, a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses to instill trust and transparency.Regarding your question, there is no information regarding Allpips' regulatory status. It is an unregulated broker. Entrusting an unregulated broker with investors' funds or personal details is highly risky, as there are no safeguards to prevent fraud or theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like Allpips and opt for fully regulated ones instead.
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