The Singapore-based firm claims to be the largest in the industry. Therefore, “millions of users worldwide” are attracted by its advanced trading platform. In addition, the project was launched almost 10 years ago. This all sounds interesting, but where are the registration documents, financial reports and licenses?
Is this platform as reliable and secure as its owners claim? We will show you all the details about this broker in our All Shores Advisory review. Read on and you will find out this broker’s advantages and disadvantages.
How to Trade
CFDs, forex derivatives, indices, and other assets are available for clients to earn money. The broker offers:
- 4 types of trading plans.
- Savings account with 21-37 monthly interest payments.
- PAMM account, Participation in IPO, Arbitrage, Copy trading.
The intermediary guarantees the speed and accuracy of trades, as quotes come from liquid providers. However, none of these partners are listed.
The basic tariff includes a test period of 5 working days, when a beginner will trade together with a financial expert. Tables from the TradingView social platform provide analytics.
All Shores Advisory Vital Info
The company is run by “one of the world’s best financiers” David Gorman, information about which is not available on the website. There is also no evidence of the platform’s awards and its performance since 2015. Why is the firm hiding its long history, its team, and its solid rewards? Because its web-resource has only been operating for a couple of months. This is indicated by a new domain that was only created in July 2024.
The intermediary indicates that it is “regulated by the Financial Markets Commissions” and that the management company is headquartered in Singapore. Is this true? No. All Shores Advisory is not on the register of Singapore’s regulator MAS. We found no mention of the organization in the ACRA lists, which lists all legal brokers in Singapore. How then can this broker claim to operate in this jurisdiction if it has neither registration nor license?
I invested my money, about 3,350 USDT, into the account. And then I started trading in ETH/USD pairs, and realized that these are scammers who help me to drain my deposit by not closing the orders that should have been closed. If you encounter such a situation on All shores advisory, you can not even write to the administration. And do not tell about these problems to the support service, because these scammers do not care about customers. The employees of All shores advisory did not deal with my damage, which occurred due to the broker's fault, and did not return the lost funds. They were the ones who organized this whole show with a non-execution of orders in order to put my money in their pockets. I believed in their reliability :( Do not make the same mistakes as I did and do not start cooperating with this broker, because it is a scam...
I traded with this broker for a few weeks. It was impossible for me to work during the day, constant platform freezes knocked out all my profitable trades. Later I started working at night, when ALL SHORES ADVISORY terminals were more or less stable. But when 5 weeks passed and I wanted to withdraw part of my deposit to my bank card, 300 euros out of 964 euros, the administrators wrote to me that they are not able to pay me any amount because of my regular violations of trading conditions. And then, after 3 days, they blocked my account and did not answer my letters. Later I found out that this firm is a SCAM, and the fraudsters have no documents and licenses. If you start trading on Allshoresadvisory.com, you will repeat my experience, because no one will help you and you will lose all your money!
I studied the site and I have questions to the broker about the conditions. They are described very superficially. I realized that to learn all the details of trading, I need to register an account. However, all buttons are inactive to activate the registration form. Probably, I need to specify my phone number in the feedback form and then the support will help me. I don't want to do it yet :)) I'm afraid that annoying managers will start bothering me with their calls. I didn't understand, what about licenses? The company writes that it has many licenses. Are there any of them from Europe? I live in Germany, does the broker have to have a license from the local regulator? I haven't found All shores advisory in any EU registry yet. Of course, maybe the company is in the process of obtaining such licenses... I don't know if it's worth registering here. I'll see what other traders will write in reviews :))
Registration here is quite simple. I didn't find any bonuses or promo codes. No license either. However, I wanted to trade with support and make money on PAMM-account. I started to cooperate with All Shores Advisory and everything turned out to be super profitable, but the broker cheated me with the withdrawal of money. I traded with a savvy manager who was always in touch. All trades were profitable. He persuaded me to top up my balance for even more profits. However, as soon as I invested another $6,000, every trade started to work in the red. The manager advised me to put a lock on to save my deposit, and after that he disappeared. He doesn't get in touch. Maybe he went on vacation. But how is that possible? The platform was working. He and I could have already corrected the situation. There was such an opportunity, but I did not have enough experience. Then I decided to withdraw all the money from the deposit, but my application was not processed. I wrote to the support, where the answer is stated within 24 hours. However, I did not receive a reply within 24 hours. I wrote a few more times. Then I got an answer after 12 days that my account will be blocked. Managers write that I did not trade according to the rules, but they do not give the rules as arguments. I do not think that I broke any rules. And if I did, it is not a reason not to give me money. The broker cheated me and misappropriated my money.
This is a very questionable company that operates without a license and is not registered in Singapore. I have verified this information. It is not even a broker but a HYIP that will collect investors’ money at 27% and disappear. If your money disappears from your account or scammers block your account, who will you complain to? Scammers will not be held accountable by any law for their activities in any country. Even if they are caught and put in jail, you will not get your money back. So you better check with a magnifying glass the legitimacy of All Shores Advisory before trading. However, it's already clear to me that it's a scam. I can see it with the naked eye.
I recommend it to newbies because I have been trading here for a long time and I don't notice any problems. Spreads are lower than most similar platforms. Conditions are generally more comfortable. Quotes are average and do not differ from other providers. This intermediary does not manipulate the trading program. As for what I advise to beginners, the company is good at helping inexperienced traders and giving them the right base. Basically, a personal manager shows me the way, where to go so that I can get success in the market. I don't recommend professionals to open an account at Allshoresadvisory.com, or rather, they know without my advice where they should trade and where not to trade.
The trading system went crazy after I deposited £8,500. The glitches started on the site constantly. I was in a daze. When I tried to withdraw some of the money, my application froze. The staff didn't know anything! The administration pretends that nothing is happening :( meanwhile I quickly realized that this is a scam that wants to embezzle other people's money.
The terminal works perfectly. I haven't noticed any lags, even though it's a web version and web terminals are very prone to hangs and need to be updated. I didn't see any such problems on Allshoresadvisory.com. There are small spreads and commissionsю The only downside I see is the limited assets. I deposited the minimum amount, €150. I can trade only forex. For other instruments, I have to invest more money, which is not good and pleasant. The leverage is 1:200. It suits me. Not small and not huge. The main thing I have to do is to put stop-losses. By the way, stop losses and take profit, as well as limits are executed completely in a fraction of a second. This is also a great indicator of the work of ALL SHORES ADVISORY, but this is because only CFDs are traded here, and not spot or futures, where such a situation is the norm. I haven't communicated with the manager and I haven't made a withdrawal yet. In two weeks of testing the platform. However, I made €32, to my deposit of €150. I will trade more aggressively now and I will try to double my money. If I am lucky, I will withdraw the deposit and at the same time I will see how the withdrawal works. Overall it's ok, but I haven't checked the withdrawal.
Let me make a long story short - this is a pure scam. I transferred 3,500 usd to the account, made a profit of up to 576 usd, but as soon as I wanted to withdraw a small amount, my account froze and I could not log in. If you are thinking about playing with these scammers, better forget it!