Overall ALLIANCE INVESTMENT MANAGEMENT charges commission based on volumes, which vary between $4.95 and $9.95 per month. ALLIANCE INVESTMENT MANAGEMENT trades in most major foreign currencies as well as offers other services including bill paying and remittance services. ALLIANCE INVESTMENT MANAGEMENT has n overall rating of 4/10.
Alliance Investment at a glance
| Broker’s Name | ALLIANCE INVESTMENT MANAGEMENT |
| ? Headquartered | Kingston, Jamaica |
| ? Year Founded | 1997 |
| ⚖️ Regulating Authorities | Not regulated by reputable authority, only by the Financial Services Commission of Jamaica. |
| ? Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Not indicated |
| ? Demo Account | Yes |
| ? Institutional Accounts | Not indicated |
| ? Managed Accounts | Not indicated |
| ? Maximum Leverage | Not indicated |
| ? Minimum Deposit | $1 000/R16 000 |
| ? Deposit Options | Not indicated |
| ? Withdrawal Options | Not indicated |
| ? Platform Types | DAS Trader PRO DAS Active Web DAS Mobile Web. |
| ? OS Compatibility | Web, mobile |
| ? Tradable assets offered | Forex |
| ?? Languages supported on Website | English |
| ? Customer Support Languages | English |
| ? Customer Service Hours | Business hours |
| ? Open account | ? Click Here |
ALLIANCE INVESTMENT MANAGEMENT is licensed by the Financial Services Commission of Jamaica under the Securities Act 1993 to provide asset management and financial advisory services.
Alliance Investment Review – 19 Key Point Quick Overview Revealed (2022):
Alliance Investment Overview- Alliance Investment Safety and Security
- Alliance Investment Pros and Cons
- Alliance Investment Leverage
- Alliance Investment Accounts
- Alliance Investment Market Instruments
- Alliance Investment Fees
- Alliance Investment Deposit and Withdrawal
- Alliance Investment Trading platforms
- How to open an account with Alliance Investment
- Alliance Investment Customer Support
- Alliance Investment Education
- Alliance Investment Research
- Alliance Investment Awards
- Alliance Investment vs AAFX Trading vs 4XCUBE – A Comparison
- Alliance Investment Current Popularity Trend
- Conclusion
- Disclaimer
- Frequently asked questions
ALLIANCE INVESTMENT MANAGEMENT claims that it is committed to providing transparency and scrutiny in its operations and provides links to summaries of audited Financial Statements until 2007.
Alliance Investment Overview
According to research in South Africa, ALLIANCE INVESTMENT MANAGEMENT was founded in January 1997 and is headquartered in Kingston, Jamaica. The company is privately owned with the executive directors having decades of experience in the local and international financial sector.
ALLIANCE INVESTMENT MANAGEMENT trades in most major foreign currencies and offers other services including bill paying and remittance services. It can also facilitate the process of worldwide investing or the opening of an online trading account.
Alliance Trader is the name of the online equity trading service of Alliance Investment Management Limited. Alliance Investment has been in business for more than 20 years and offers clients safe and time-tested methods for investing.
Such an account allows the holder to directly buy and sell stocks and other investment instruments listed on the NYSE, NASDAQ, and AMEX exchanges.
ALLIANCE INVESTMENT MANAGEMENT further claims to offer highly personalized financial services to clients but the website doesn’t outline how it supports those services in detail.
Alliance Investment Safety and Security
One of the best benchmarks to measure the safety of a broker like ALLIANCE INVESTMENT MANAGEMENT is to establish which regulating authorities are watchdogs over its actions. ALLIANCE INVESTMENT MANAGEMENT is a licensed Securities Dealer and is regulated by the Financial Services Commission of Jamaica since 1996.
It is however not regulated by any of the more reputable regulating authorities; hence customers should take extra care when deciding to do business with them.
Alliance Investment Pros and Cons
| ✔️ Pros | ❌ Cons |
| In business since 1997 | Not regulated by reputable authority |
| Claims to offer highly personalised financial services |
Alliance Investment Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.
ALLIANCE INVESTMENT MANAGEMENT does not give an indication of leverage ratios on its website.
Alliance Investment Accounts
A forex account at ALLIANCE INVESTMENT MANAGEMENT is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
ALLIANCE INVESTMENT MANAGEMENT offers the following types of accounts:
THE EASY TRADE ACCOUNT
Minimum deposit of US$1 000
Monthly brokerage statement
Annual Fee US$50.00
THE PRO-CASH PLUS ACCOUNT
Minimum deposit of US$10 000
US$ chequing account
Alliance Investment Market Instruments
The most popular market instruments available from most brokers for trading include:
Forex:
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities:
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices:
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.
Precious metals:
The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy:
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.
ALLIANCE INVESTMENT MANAGEMENT offers to trade in Forex pairs.
Alliance Investment Fees
Cost depends on different factors, like spread and margins, and ALLIANCE INVESTMENT MANAGEMENT clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.
ALLIANCE INVESTMENT MANAGEMENT charges commission based on volumes, which vary between $4.95 and $9.95 per month.
The commission structure of Alliance Trader is divided into three-tier levels. The Starter level costs $4.95 per month and is suitable for low volume traders who trade up to 400 units while the Max level, costing $8.95 per month, is suitable for high volume traders trading up to 2000 units.
The Ultra level is suitable for extremely high-volume traders. It costs $9.95 per month and allows unlimited unit volume trades. Apart from this, Alliance Trader has certain software and data fees, extra exchange fees, equity ECN fees, and other charges.
Alliance Investment Deposit and Withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of ALLIANCE INVESTMENT MANAGEMENT, it is not clearly stated which methods for funding accounts and consequent withdrawals can be used.
Alliance Investment Trading platforms
The forex trading platform provided by ALLIANCE INVESTMENT MANAGEMENT to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade. ALLIANCE INVESTMENT MANAGEMENT provides desktop software and web and mobile software, with a two-week demo.
DAS Trader PRO
The desktop software is called DAS Trader PRO, with advanced features like advanced charting, real-time account management, multiple stop types, direct access order routing, collocated order executions, and more.
The platform can be accessed through multiple monitors for various order types, charting, and basket trading. Clients will also have access to NASDAQ regional.
DAS Active Web and DAS Mobile Web
The web and mobile software are called DAS Active Web and DAS Mobile Web and offer all the features of the desktop software, with the ability to access them on one screen, with fast and easy execution.
How to open an account with Alliance Investment
Similarly to a bank, to register a forex trading account with ALLIANCE INVESTMENT MANAGEMENT for the first time, you will be required to go through a basic “know your customer” process, which will allow ALLIANCE INVESTMENT MANAGEMENT to ascertain that your submitted details and ensure the safety of your funds and account details.
To open an online trading account with ALLIANCE INVESTMENT MANAGEMENT a customer will need to provide them with the following:
Completed application forms in PDF format
A New Account Form that can be downloaded to complete
Joint Account agreement, also downloadable
Copy of your passport
Bank reference or latest credit card statement
Alliance Investment Customer Support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of ALLIANCE INVESTMENT MANAGEMENT, customers can only reach the support team via telephone calls, faxes or emails.
Alliance Investment Education
Before starting to trade, potential clients of ALLIANCE INVESTMENT MANAGEMENT should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. There is hardly any educational material available on the company’s homepage.
Alliance Investment Research
To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible. With ALLIANCE INVESTMENT MANAGEMENT clients have only access to a basic FAQ section.
Alliance Investment Awards
Being an awarded company instills extra confidence in traders. Although ALLIANCE INVESTMENT MANAGEMENT is acclaimed by customers, there is no indication of awards won on its homepage.
Alliance Investment vs AAFX Trading vs 4XCUBE – A Comparison
| ? Broker | ? ALLIANCE INVESTMENT | ? AAFX Trading | ? 4XCUBE |
| ? Minimum Deposit | $1 000/R16 000 | $100/R1 600 | $5/R80 |
| ? Sign-Up Bonus | – | – | ☑️ Yes |
| ➕ Max. Leverage | – | 1:2000 | 1:400 |
| ? Currency Pairs | – | – | 48 |
| ? Open an Account | ? Open Account | ? Open Account | ? Open Account |
Alliance Investment Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “Alliance Investment” is entered into Google’s search engine over a given period of time.
Conclusion
ALLIANCE INVESTMENT MANAGEMENT was created to provide companies and individuals with successful approaches and innovative options for investment and financing. The company is licensed by the Financial Services Commission of Jamaica under the Securities Act and provides asset management and financial advisory services to meet each client’s specific needs.
Alliance is managed by an experienced team of professionals.
Disclaimer
ALLIANCE INVESTMENT MANAGEMENT warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with ALLIANCE INVESTMENT MANAGEMENT, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.
ALLIANCE INVESTMENT MANAGEMENT warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence ALLIANCE INVESTMENT MANAGEMENT cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Frequently asked questions
TRADING ENVIRONMENT
- How many instruments can I trade with ALLIANCE INVESTMENT MANAGEMENT?
You can trade Forex currency pairs with ALLIANCE INVESTMENT MANAGEMENT.
- Which platforms are supported by ALLIANCE INVESTMENT MANAGEMENT?
ALLIANCE INVESTMENT MANAGEMENT provides the following popular trading platforms:
- DAS Trader PRO
- DAS Active Web
- DAS Mobile Web.
- Does ALLIANCE INVESTMENT MANAGEMENT offer leverage?
Not indicated on website.
- What spreads can I expect with ALLIANCE INVESTMENT MANAGEMENT?
Details on the website is not comprehensive, more information can be obtained from the customer support service.
- Does ALLIANCE INVESTMENT MANAGEMENT charge commission?
More information on commissions can be obtained from the customer support service.
- Is ALLIANCE INVESTMENT MANAGEMENT regulated?
No, ALLIANCE INVESTMENT MANAGEMENT is not regulated by a reputable authority, only by the Financial Services Commission of Jamaica.
- Is ALLIANCE INVESTMENT MANAGEMENT a recommended forex trading broker for experts and beginners?
ALLIANCE INVESTMENT MANAGEMENT offers a fair trading environment for all types of traders.
- What is the overall rating out of 10 for ALLIANCE INVESTMENT MANAGEMENT?
4/10
ACCOUNTS
- What is the difference between a demo and live trading account?
A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.
Does ALLIANCE INVESTMENT MANAGEMENT offer a demo account?
Yes
- How long is the demo account valid?
The demo account can be used for two weeks
- Which live trading accounts does ALLIANCE INVESTMENT MANAGEMENT offer?
- The Easy Trade Account
- The Pro-Cash Plus Account.
- What are the available deposit currencies for a live trading account?
USD
DEPOSITS AND WITHDRAWALS
- What is the minimum deposit for ALLIANCE INVESTMENT MANAGEMENT?
$ 1 000
- How do you make a deposit and withdrawal with ALLIANCE INVESTMENT MANAGEMENT?
ALLIANCE INVESTMENT MANAGEMENT does not give clear indications on methods to fund accounts or withdraw money.
- Does ALLIANCE INVESTMENT MANAGEMENT charge withdrawal fees?
Not indicated on the company homepage.
- How long does it take to make a withdrawal?
Depending on bank services it may take several days for the money to be available.
Featured SA Shares Writer and Forex Analyst.
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