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Alenso Review — Truth About the Broker

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We know you have dreamed of trading with a next-generation Forex/CFD broker. However, before you start discovering a “New perspective on trading” and place even a single trade on a “high-tech trading platform,” we suggest taking a look at our alenso.pro review. In it, we explain why the statements made by the creators of this company cannot be trusted and show you how to identify that a project has been created by scammers. Don’t want to become their next victim? Read on.

Quick Overview

Domain: https://alenso.pro/

Company Name: Alenso

Year Founded: 2024

Jurisdiction: United Kingdom

Legal Status: No license

Minimum Deposit: USD 500

Leverage: 1:50

Available Assets: Forex & CFDs

Trading Platforms: Webtrader

Account Types: Newbie, Experienced, Pro

Deposit/Withdrawal Methods: Unknown

How to Register on the Website

The creators of Alenso’s official website, apparently, seemed to want to show visitors right away that doing business with this broker is not advisable. This is evident both in the design — where useless images and widgets almost outnumber actual text content — and in the fact that all material is presented on a single page. We understand that scammers rarely consider user convenience, but choosing a one-page format for a supposedly “serious” brokerage firm seems excessive.

The registration process is no less striking. To obtain an active account, you need only 30 seconds — precisely the time it takes to fill out a simple form:

  • Email address.
  • First and last name.
  • Country of residence.
  • Phone number.
  • Password.

You must also complete a Cloudflare anti-bot check. However, you are not even offered the chance to read or accept any documents. Of course, why bother? Regulations are clearly just obstacles, and next-generation brokers are under no obligation to comply (sarcasm intended). The broker does not ask for any additional personal data either.

Overview of the account information and registration details visible to platform users.

KYC and AML policies are also treated as unnecessary, apparently designed only to complicate life for the company and its clients. Instead, the broker placed what it considers essential content in the client portal under the “For Investors” section — a free TradingView widget showing quotes for some trading instruments. According to the firm, this is mandatory content; without it, the Client Portal cannot be considered complete.

By now, it should be clear that calling Alenso’s official website, registration, and client portal attributes of a real regulated platform would be misleading. It is one of the clearest demonstrations we have seen of a project belonging to the multitude of scams that appear every day.

Alenso Trading Instruments and Platforms

On the single page of its official website, the broker states that it offers trading across multiple markets. Beyond listing the assets and providing one or two descriptive sentences, the information goes no further. Fortunately, we managed to open an active account and access the trading terminal, where much more detail about the instruments is available. We see that the platform provides clients with access to:

  • Currency pairs (major, minor, exotic).
  • CFDs on various commodity markets (precious and industrial metals, energy products, agricultural commodities).
  • CFDs on stocks from U.S., European, Indian, and other global exchanges.
  • CFDs on about a dozen of the most well-known stock indices.

Other assets, such as bonds, futures, ETFs, etc., are not included. However, the platform offers a fairly solid selection of CFDs on cryptocurrencies paired with USD and the stablecoin USDT. While the selection is not as extensive as on crypto exchanges, the broker clearly does not consider crypto enthusiasts its primary audience.

Alenso provides only minimal information about its trading terminal. Somewhere in the middle of the long webpage, the platform mentions that the terminal is “super modern” and that the broker is among the fastest in the world (naturally, referring to order execution speed). Such marketing claims work well on beginners, but after opening an account ourselves, we were able to take a closer look at the software.

The broker’s online interface for executing trades and viewing market data.

While exploring the platform, we even managed to find a reason to praise the developers. For example, they implemented a full one-click trading mode, which is very useful for traders working with high-frequency strategies. In addition, although the price chart widget resembles the one offered by TradingView, there are still some differences.

However, all these advantages could not outweigh the many shortcomings of the platform. Here are just the most noticeable ones:

  • The number of indicators is significantly smaller than on the TradingView widget. Consequently, not all traders will be able to perform technical analysis or build their trading systems in the way they are used to.
  • Multi-chart mode is not supported, which significantly complicates working with asset portfolios, especially in fast-moving markets.
  • Quickly selecting the desired ticker from the list of trading instruments is impossible: you either have to work with the full long list or select a subgroup first, which adds extra steps. Any trader knows how this affects trading during news events.
  • The platform has no options to automate trading: the widget does not allow adding expert advisor scripts, and the API is either unavailable or undocumented. It is also impossible to add custom or third-party indicators.

We also have another observation: Alenso presents the program as its own product, while it is not the actual creator. Why this fact is hidden is unclear, especially since the terminal itself leaves much to be desired. One reason is obvious: software providers popular among traders (such as MetaTrader or cTrader) do not work with unregistered companies. Those who ignore this rule clearly support scammers. It turns out that the broker itself is likely a scam and is using software from companies that are indiscriminate in whom they work with.

Account Types Offered

Disclosure of trading conditions is also not a strong point for the broker. First, contract specifications are nonexistent, even in the trading terminal. Even the table of account types provides only minimal information.

Summary of the different account options, deposits, and leverage offered by the broker.

Alenso offers clients three account types:

  • Newbie with a minimum deposit of $500.
  • Experienced with a deposit starting from $25,000.
  • Pro with a starting capital of $50,000.

All accounts allow trades with leverage up to 1:50 on exchange-traded commodities and up to 1:20 on other instruments, including cryptocurrencies. Client orders are executed via Instant Execution. Beyond this, the website provides no further information about trading conditions.

It is worth noting that the company does not provide information to evaluate trading costs. Essentially, the firm prevents potential clients from assessing the feasibility of profitable trading. Only scammers use such tactics, leaving traders no choice.

Some of the additional options look interesting. For example, higher-tier accounts claim that the broker insures deposits. However, there are no further details: under what conditions, in what amounts, or the company providing the insurance. Furthermore, there is no mention of this in the client portal. Once again, this seems to be a classic scammer tactic: promise something to attract clients and conveniently forget about it after receiving their funds.

After encountering all this wealth of contradictory information, an experienced trader would inevitably ask: Is it worth trusting a broker that does not even fully disclose trading conditions? We would not trade on such a platform.

Deposits and Withdrawals

Alenso’s website does not provide a single word about depositing or withdrawing funds. The broker apparently decided that potential clients do not need to know the methods or conditions for non-trading operations.

This is hardly surprising, because if you look at the payment methods available in the client area, it becomes immediately clear that honesty and transparency are out of the question. The firm accepts deposits and presumably pays out client funds only in cryptocurrencies, either through direct wallet transfers or via the intermediary Crypto Payeer. In other words, in all transactions, both the broker and the clients remain anonymous. There is no guarantee that the wallets actually belong to the parties listed in the documents, nor is there any way to verify the legal origin of the funds.

Clearly, AML compliance is not a priority for this project or its participants. One question still arises: why does the company request photo verification of both sides of a bank card? How does it intend to use this information? And who else might eventually gain access to it from a broker that gives no assurance of safeguarding personal data?

Alenso Legal Status: Legitimate or Not?

We have accumulated enough facts to reasonably consider the broker a scam project. However, drawing conclusions without checking official records and its legal status would be premature. This step is essential to determine whether the company exists within a legal framework and has the right to provide client services. And frankly, in the case of this platform, many questions arise.

In the footer of the page, there is information stating that the company operates from an office in the United Kingdom, and an address is even provided. Its status is listed as officially registered. However, neither the full legal name, nor the legal structure, nor the registration number is published. For a company claiming British jurisdiction, such an informational gap looks suspicious. That said, there are several valid reasons to consult the Companies House database.

Naturally, our first search was conducted using the broker’s name. The results were interesting.

Findings from checking Companies House for any official UK registration of the broker.

There are no companies named Alenso in Companies House. But here is a striking coincidence: at the address listed on the website (Office 1320 Blue Tower, Media City UK, Manchester, United Kingdom, M50 2ST), a certain Gedeon ALENSONORIN is registered. We have no doubt that this is how this address ended up associated with the nonexistent broker. Incidentally, this Filipino national served as a director of PRENTERDENES LTD, a company registered in 2017 and dissolved in 2018.

Of course, we also checked the address itself published by the site owners. A search revealed 37 companies, none of which include Alenso in their name. All of this leads to the conclusion that the broker has no official registration in the United Kingdom.

The licensing situation is even more uncertain. The website claims that the platform is regulated by independent organizations, but their names are not disclosed. Meanwhile, for a company operating from the UK, having an FCA license is mandatory. A check of the Financial Conduct Authority register confirms that Alenso is not listed.

Confirmation that the broker does not hold a license from the UK Financial Conduct Authority.

Therefore, even if the information about UK registration were true, operating without documents from the local financial regulator would still be illegal.

Note! The footer of the website states that services are provided by the broker XTBelion, whose official website is xtbelion.com. This site is no longer operational, and we even know why. There are dozens of reviews online from former clients complaining that the platform took their money and ceased to exist. It seems reasonable to conclude that we are dealing with a reincarnation of a scam project under a new name. Unfortunately for its owners, the operators forgot to change some of the information. This is clearly not the first creation of these scammers, and there is little doubt about how this platform will end.

Company History

The broker’s claimed history deserves particular attention. The website states that the company has been operating for over 10 years and has attracted 37,000 traders who have executed more than 25 million trades. The statistics are quite curious. To be frank, for 10 years of operation, this number of clients is not large, and the number of trades is even smaller. On average, each trader opened a position once every 20 days — to put it mildly, not impressive.

Note! The page header claims that over 4,500 users trust the platform. What about the remaining 32,500? Are they trading but not trusting? Or did no one bother to publish accurate data that would not raise questions?

A check of the domain alenso.pro using the Whois service tells a different story. It was registered on October 3, 2024.

Registration and ownership details of the alenso.pro domain.

Snapshots in the Web Archive show the official broker website in its current form only since February 2025. We could not find earlier domains or traces of a ten-year activity history. Normally, over such a long period, there would be a noticeable track record: archived website versions, publications, mentions in industry sources. In this case, no such evidence exists, which casts serious doubt on the claimed period of operation and, more broadly, the credibility of the information provided by the broker.

Alenso.pro Online Reputation

To understand what we are referring to, it is enough to look at the broker’s online reputation. The first Alenso review on Trustpilot appeared only on May 29, 2025, and there are just eight reviews in total. This hardly corresponds to a broker supposedly operating for 10 years. In reality, according to Whois, it has existed for only about a year.

The distribution of user feedback is also striking. Of the eight reviews, only 12% are positive, 12% neutral, and the rest are negative. The main complaints concern refused withdrawals and the inability to access funds. From our perspective, this is highly indicative.

Experts on specialized platforms are no less categorical. For example, in a review on Personal Reviews, Alenso is described as a scam broker, with fairly solid arguments provided. Does such a unanimous opinion from both traders and experts not raise concerns for you?

Pros and Cons

  • The minimum deposit is $500 — not accessible to everyone, but not particularly high in principle.
  • Leverage of 1:20 (up to 1:50 on some assets) is quite acceptable for retail traders.
  • We are confident that the project does not involve an officially registered company.
  • No regulator would issue a license, even an offshore one, to this virtual broker.
  • There is almost no useful or important information on the website. Even trading conditions are only partially available to users.
  • Deposits in cryptocurrencies only make compliance with AML provisions impossible.
  • Over the course of a year, the platform collected only 8 reviews, most of which are negative.

Final Take

In our Alenso review, we showed how the broker managed to prove that it is a scam project, and dealing with it means losing your invested funds. The platform provided truly strong evidence — lack of official registration, illegal operation without a license, false information on the website, and opaque payments. We recommend taking all this into account and forgetting about this scam platform forever.

Check These Before You Trade

The broker provided no information about official registration or licenses. Upon investigation, we found that the platform is registered nowhere, and accordingly, no regulator has ever granted it permission to provide brokerage/dealer services.
In the client area, we saw that clients of this broker can only conduct financial operations in cryptocurrencies. This eliminates transparency and security. First, both the sender and the recipient of the payment remain anonymous, which violates AML policies and cannot guarantee that funds will reach their intended destination rather than the scammers’ pockets. Second, once a transaction is recorded on the blockchain, it cannot be reversed. Anyone familiar with this mechanism would never work with brokerage firms that do not offer other payment methods.
The broker published only two key characteristics: the minimum deposit and the maximum leverage. This is completely insufficient to assess the risks, costs, and potential profitability of trading on this platform. Interestingly, contract specifications are not even available in the trading terminal. Does this inspire confidence in the honesty of the project?

Author Contributions

Benjamin Sterling
Richard Grayson

2 reviews about Alenso

  1. 1

    Stay away from these scammers! All they know how to do is cheat their clients!! Alenso has a fake terminal, quotes, no real documents or licenses, and support staff are amateurs who don’t understand trading. Please avoid these scammers, or you will lose a large sum irretrievably, just like I did!!!!

  2. Jekson Flannagan
    1

    Alenso are real scammers! The managers from this company kept calling and gradually gained my trust! They spoke so convincingly that I believed them and transferred almost $30,000. The scammers were experienced — they even sent me $400 to my card, supposedly earned in just a week. I liked it and, because I knew the market poorly myself, I followed all the advice from their representative. When I later tried to withdraw a bit more (only $5,000) — my account was blocked. It looks like I have no chance of getting my money back. Be careful!

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