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Alphafx Market

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Operating status: SCAM

Website: https://alphaforexmarkets.com/

Broker violations and abnormal records
  • 2022-03-27 BrokersView has reviewed that AlphaFx Markets is an unregulated forex broker

    AlphaFx Markets claims to be a owned and operated by ALPHAFX Markets Limited, a regulated broker by the British Virgin Islands Financial Services Commission (BVI FSC). However, we didn't find any matching results from the registry of BVI FSC. So AlphaFx Markets is not regulated or overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it might be a scam broker.

    AlphaFx Markets claims to be a owned and operated by ALPHAFX Markets Limited, a regulated broker by the British Virgin Islands Financial Services Commission (BVI FSC). However, we didn't find any matching results from the registry of BVI FSC. So AlphaFx Markets is not regulated or overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it might be a scam broker.

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Q&A

Do you recommend trading with Alpafx Markets on their mobile app platform? Is it safe and secure?

Wick
France
2022-03-31
ANSWER Alpafx Markets is not a licensed broker and should be avoided at all events. AlphaFx Markets claims to be a owned and operated by ALPHAFX Markets Limited, a regulated company by the British Virgin Islands Financial Services Commission (BVI FSC). However, we didn't find any matching results from the registry of BVI FSC. So AlphaFx Markets is not regulated or overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it might be a scam broker.We would recommend traders stay away from unregulated brokers like Alpafx Markets and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.