About Alycbur
Overview
Alycbur is an Argentine financial intermediary registered as an Agente de Liquidación y Compensación (ALYC) and Agente de Negociación, with the license number 207. The company operates from its headquarters at Maipú 255, Piso 7, C1084ABE, Buenos Aires, Argentina. It was founded on June 17, 2021, and describes itself as a stockbroker focused on investment and financing solutions for individuals and corporations.
The broker's services include trading in stocks, bonds, mutual funds, Cedears (Argentine certificates for foreign shares), and money market instruments such as cautions and promissory notes. Its core product line revolves around the Argentine capital markets, with no emphasis on retail forex or CFD trading. Alycbur’s target clients appear to be local investors seeking exposure to domestic and international securities.
Regulation and Licensing
According to our records, Alycbur does not hold any regulatory licenses from recognized financial authorities. However, the broker's website claims status as an ALYC (Agente de Liquidación y Compensación) under Argentine law, which would typically require registration with the Comisión Nacional de Valores (CNV). The fee schedule document identifies the firm as "ALYCBUR S.A. AGENTE DE LIQUIDACION Y COMPENSACION y AGENTE DE NEGOCIACION- PROPIO NRO 207." This discrepancy suggests possible regulatory oversight by Argentina's CNV, but independent verification was not possible at the time of review.
Given the unconfirmed regulatory status, the FXCanary Scam Risk Score is set at 43/100 (Guarded). Traders should exercise caution and conduct further due diligence before engaging with this broker.
Products and Instruments
Alycbur offers a wide range of financial products typical of an Argentine stockbroker. These include stocks (acciones), both public and private bonds (bonos públicos y privados), mutual funds (fondos comunes de inversión), Cedears (representing shares of foreign companies like Apple, Google, Coca-Cola), and short-term instruments such as electronic credit invoices (FCE) and deferred payment checks. Additionally, the broker facilitates stock market loans (cauciones) and promissory notes (pagarés bursátiles).
The broker’s website does not mention forex, CFDs, or leveraged derivatives. All products appear to be traditional securities or money market instruments traded on the Buenos Aires Stock Exchange (BYMA) or over-the-counter. This positions Alycbur as a conventional securities broker rather than a retail forex or CFD provider.
Account Opening and Fees
Alycbur offers two account types: Individual (Persona Física) and Corporate (Persona Jurídica). The account opening process is initiated via an online form requesting personal information (name, email, phone, CUIT/CUIL) or corporate details (business name, CUIT). After submission, the broker contacts the client to provide documentation and platform access. No minimum deposit is explicitly stated on the website.
The broker publishes a detailed fee schedule (aranceles) effective June 1, 2024. Commissions are percentage-based with minimum fees, varying by asset class. For example, private stock trades incur a 1% commission (min.
ARS 300), public bonds in pesos 1.5% (min. ARS 300), and futures 3% (min. ARS 300).
Additional costs may apply for dividends, subscriptions, and other operations. The fee structure is transparent but relatively high compared to discount brokers.
Platform and Technology
Alycbur does not disclose the specific trading platform it uses, but it describes its system as technologically advanced and innovative. The website features a login portal for existing clients, suggesting a proprietary web-based platform. There is no mention of MetaTrader 4/5, cTrader, or other third-party platforms. The broker emphasizes security, real-time operations, and dedicated support.
Given the lack of platform details, traders may need to contact the broker directly for a demo or platform overview. The absence of mobile trading apps or API access is a notable limitation for active or algorithmic traders.
Customer Support and Education
Alycbur provides customer support via phone (+54 11 4236-4508) and email (info@alycbur.com). The website includes a contact form and a physical address in Buenos Aires. The broker offers research and continuous training, though no specific educational resources (webinars, articles, tutorials) are evident on the site.
Client outreach appears to be managed through account executives who provide personalized assistance. Social media presence includes Instagram, LinkedIn, and YouTube, but these channels are not heavily utilized for client education or market analysis.
Who Should Consider Alycbur?
Alycbur is best suited for Argentine investors seeking access to local capital markets, including stocks, bonds, and mutual funds. Clients who value personalized service and a traditional brokerage relationship may find the offering appealing. The broker’s focus on corporate liquidity management also serves business clients.
However, due to the unconfirmed regulatory status and limited online presence, risk-averse traders or those outside Argentina may want to look for more transparent and regulated alternatives. The broker is not designed for forex traders, CFD speculators, or international clients seeking leveraged products.
Overview compiled by FXCanary from regulatory records and public data. full Alycbur review