Do you know if Alpex Trading is a real broker or just a scam?

https://alpextrading.com/

Dear Investor,

Alpex Trading claims to be operated by Alpex Ventures Ltd, which is registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). Upon investigation, we found a matching name on the SVG FSA's registry list. However, it is worth noting that this registration only grants Alpex Ventures Ltd International Business Company (IBC) status, which is not a valid financial licence. The SVG FSA has publicly stated that it neither regulates nor licences forex trading activities.

Alpex Trading also claims to be licensed under the Money Services Business (MSB) in the United States. While it is true that Alpex Trading is registered with the MSB, it is important to note that the MSB does not regulate forex trading activities. Therefore, this registration does not provide full protection for your investments in forex trading.

Furthermore, Alpex Trading possesses no valid licence from any other major regulatory authorities. This poses potential risks to its investors.

Therefore, we recommend exercising caution when trading with this broker in order to protect your capital.