CLS Alliance LTD Review – Should You Trust This Broker?

The emergence of new brokers promising incredible trading opportunities, favorable conditions, and special offers for new users is a common occurrence. However, within this massive influx of new platforms, it’s easy for fraudulent organizations to blend in, successfully masquerading as legitimate companies. That’s why it’s essential to thoroughly vet potential brokers before registering and making a deposit — just as we’ll do in our CLS Alliance LTD review.

Is CLS Alliance LTD a Trusted Platform?

The first point to always consider when dealing with a new brokerage company is the matter of registration and licensing. Typically, these details are provided on the website — in the “About Us” section, in documentation, or at the bottom of each page as a reference.

In the case of CLS Alliance LTD, everything appears very convincing. A large, clear image of a scanned registration document is displayed in the “About” section, referencing the VFSC (Vanuatu Financial Services Commission) with a license number, signature, and seal. This suggests registration in Vanuatu, a small offshore country on an island in Oceania (an island region of the planet near Australia).

However, this license is fake. A search through the official VFSC legal entity registry returns nothing by the number or organization name. This isn’t just the use of false data—it’s a clear forgery of government documents.

Concerned About Withdrawal?

Zero commission raises questions about how this supposed broker intends to profit from its activities. Information on leverage, the size of the minimum deposit, and the maximum withdrawal amount is also nowhere to be found on the website. Even without considering the licensing issues, this should raise doubts about the platform’s honesty, if not its professionalism, and the competence of its administration.

How Long Does The Broker Work?

If the previous facts aren’t enough, consider that the data on the company’s age clearly doesn’t add up. The license is dated 2021, while the information line at the bottom of each page of the website states it was created in 2022. Moreover, a Whois check shows that the domain was created and registered only in June 2024! Of course, it’s impossible to create a website in 2022 for a company founded in 2021, with the domain being created only a couple of years later—this is a clear sign of an attempt to lend more legitimacy by artificially inflating the organization’s age. This is one of the hallmark tactics of scammers and fraudulent brokers. Attention! This review belongs to InvestExpertHub.

Other Signs of Fraud

❗As you can already tell, the company is actually very young, so it’s no surprise that there are no customer reviews online, except for a couple of reviews. However, even these reviews are completely negative and point out numerous shortcomings and signs of fraud.

❗Incidentally, there are certainly very similar projects that operated relatively recently — such as CLS Consultancy. With similar negative traits, they managed to gain a bad reputation and attract attention to themselves, after which they quickly shut down, naturally without returning money to defrauded users.

CLS Alliance LTD Review Conclusions

CLS Alliance is just another iteration of a refined scam scheme. It’s definitely not recommended to work with this broker. Otherwise, you could very easily and quickly lose your money.

➕Many trading instruments.

➖No license.

➖Short operating history.

➖Negative reviews.

FAQ

Brief Conditions

Type	Forex
Location	UK
Establishment Year	2024
Regulation	❌
Customer Service	[email protected]
Languages	En, Ar, Ru, De
Demo Account	✅
Mobile Trading	✅
Web-based Trading	✅
Bonuses	❌
Minimum Deposit	❌
Max. Leverage	❌
Scalping Allowed	✅