BaFin issues a warning against AGAllianz On June 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website agallianz.de, saying that the financial and investment services are being provided on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_03_agallianz_en.html

BrokersView has reviewed that AGAllianz is an unregulated broker AGAllianz purports to be based in the UK and alleges to have a registration number, 15241684, from the Companies House (CH). A search in the CH register reveals that this number is associated with a company named ALLIANCE GROUP INVESTMENTS LTD.In the UK, individuals and firms providing financial services are required to obtain authorization from the Financial Conduct Authority (FCA). Yet, neither "ALLIANCE GROUP INVESTMENTS" nor "AGAllianz" appears in the FCA register, casting doubt on the broker's legitimacy.Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning about the website agallianz.de. It cautions consumers that the financial and investment services offered on this website lack the necessary authorization.In essence, AGAllianz is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.AGAllianz appears to be a scam.

AGAllianz has moved its business to a new domain After its fraudulent activities were detected by the Federal Financial Supervisory Authority (BaFin), AGAllianz disabled its previous domain, agallianz.de, and moved its business to a new one, agallianz.eu. BaFin has noted this change in another warning against AGAllianz. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_07_agallianz_eu_en.html

Can I choose GBD to withdraw on AGAllianz? Before considering trading conditions, verifying a broker's licenses is of utmost importance. Given AGAllianz's unlicensed status, we strongly suggest avoiding it.AGAllianz claims to have a Companies House (CH) registration number, 15241684, linked to ALLIANCE GROUP INVESTMENTS LTD in the CH register. However, it's crucial to understand that individuals and firms providing financial services in the UK are required to obtain authorization from the Financial Conduct Authority (FCA). Yet, there are no corresponding records from the FCA to substantiate the broker's legitimacy, raising concerns about its validity.Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning against AGAllianz, emphasizing that the company is operating without the necessary authorization.Given these circumstances, AGAllianz is far from a secure option. Investors are strongly advised to steer clear of unlicensed brokers like AGAllianz to protect their funds from potential fraudulent schemes. Instead, it is recommended to consider fully regulated brokers. View Source