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Marshall Islands|2-5 years|
Suspicious Scope of Business|High potential risk|


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+44 20351476636


No valid regulatory information, please be aware of the risk!

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Marshall Islands

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Pyramid scheme complaint


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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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ALPHA MARKETS · Company Summary

Headquarters Marshall Islands
Regulations No license
Market Instruments Forex (Currency pairs)
Account Types Mini, Standard, Gold, VIP, Islamic
Leverage Up to 1:400
Minimum Deposit $100
Deposit/Withdraw Methods JCB, VISA, MasterCard, Westjet
Trading Platforms Proprietary platform
Customer Support Telephone, Email


ALPHA MARKETS is a brokerage firm based in the Marshall Islands. It primarily specializes in the forex market, offering a wide range of currency pairs for trading, including both major and minor pairs. Traders have the option to choose from various account types to suit their capital and trading preferences, and they can access ALPHA MARKETS' proprietary trading platform, known for its features like analytics, fast execution, and user-friendly interface.


Is ALPHA MARKETS regulated?

ALPHA MARKETS operates as an unregulated broker, meaning it does not possess a valid license from any recognized financial regulatory authority. The absence of regulatory oversight can raise concerns for traders, as it means there is no external body monitoring the broker's activities and ensuring compliance with industry standards and investor protection measures.

Trading with an unregulated broker carries inherent risks, including a potential lack of transparency, inadequate security measures, and limited recourse in case of disputes or issues. Traders should exercise caution and carefully consider the implications of choosing an unregulated broker like ALPHA MARKETS, especially in terms of the potential risks involved in their trading activities.

Is ALPHA MARKETS regulated?

Pros and Cons

ALPHA MARKETS offers a wide range of currency pairs for trading, providing traders with ample opportunities in the forex market. The availability of different account types accommodates traders with varying capital and experience levels. ALPHA MARKETS also provides a convenient range of payment methods, including credit cards like JCB, VISA, and MasterCard. Lastly, the high-leverage option of up to 1:400 may attract experienced traders seeking amplified trading opportunities.

One notable drawback is the lack of transparency regarding spreads and commission fees, which can leave traders uninformed about the costs associated with their trading activities. ALPHA MARKETS operates as an unregulated broker, meaning it lacks the oversight and investor protection measures provided by regulatory authorities. The absence of educational resources can hinder traders, especially those looking to improve their skills or gain insights into the market. The high initial deposit requirements for the Standard, Gold, and VIP accounts may limit access for traders with smaller capital. ALPHA MARKETS' unregulated status may raise concerns about the broker's accountability and adherence to industry standards. Additionally, ALPHA MARKETS' proprietary platform may raise concerns about potential manipulation or rigging, given the absence of third-party oversight.

Pros Cons
Wide range of currency pairs Lack of transparency in fees
Multiple account types Unregulated status
Variety of payment methods Limited educational resources
High leverage option High initial deposit requirements
Proprietary trading platform risks

Market Instruments

FOREX, or the foreign exchange market, is the primary market instrument available for trading on ALPHA MARKETS. It is one of the largest and most liquid financial markets globally, where traders engage in the exchange of one currency for another. This market offers numerous opportunities for profit through currency pairs trading, making it a cornerstone of ALPHA MARKETS' offerings.

ALPHA MARKETS provides a diverse range of currency pairs for traders, including major and minor pairs. Major currency pairs typically involve the most traded and widely recognized currencies, such as the EUR/USD (Euro/US Dollar) and USD/JPY (US Dollar/Japanese Yen). These pairs offer high liquidity and typically have tighter spreads, making them attractive to both beginner and experienced traders. On the other hand, minor currency pairs, also known as cross-currency pairs, involve currencies from smaller economies, such as the EUR/AUD (Euro/Australian Dollar) or GBP/NZD (British Pound/New Zealand Dollar). Trading minor pairs can offer diversification opportunities and can be of interest to traders seeking exposure to specific regional economic trends. ALPHA MARKETS' provision of both major and minor currency pairs allows traders to tailor their strategies and portfolios to their individual preferences and risk appetites in the dynamic world of forex trading.

Market Instruments

Account Types

ALPHA MARKETS caters to a range of trading needs by offering five distinct account types.

The Mini Account is accessible with a minimum funding requirement of $100, slightly above the industry standard for this account type.

However, the Standard, Gold, and VIP accounts have considerably higher initial deposit requirements, with the Standard account ranging from $1,000 to $5,000, the Gold account from $5,000 to $20,000, and the VIP account starting from $20,000. These higher entry thresholds may limit access for traders with smaller capital.

Additionally, ALPHA MARKETS provides an Islamic account option, although specific initial deposit requirements for this account type are not disclosed. Traders seeking Sharia-compliant trading conditions may find this account suitable, but they would need to contact the broker for detailed information on its terms and conditions.

Maximum Leverage Account Type Minimum Deposit
Mini Account 1:400 $1000
Standard Account 1:400 $1,000-$5,000
Gold Account 1:400 $5,000-$20,000
VIP Account 1:400 From $20,000
Islamic Account 1:400 Not specific

How to open an account in ALPHA MARKETS?

Opening an account with ALPHA MARKETS is a straightforward process. Here are the steps:

  1. Visit ALPHA MARKETS' official website and click on the “Sign Up” button.

  2. Fill out the online registration form with your personal information, including name, email address, and contact details.

  3. Complete the KYC (Know Your Customer) verification by providing identification documents such as a passport or driver's license.

  4. Choose the type of trading account you prefer, such as Mini, Standard, Gold, VIP, or Islamic.

  5. Fund your trading account by selecting a payment method and making an initial deposit.

  6. Once your account is funded and verified, you can start trading on ALPHA MARKETS' platform.

Spread and Commission Fees

It's worth noting that ALPHA MARKETS' platform lacks readily available information regarding spreads and commission fees. This absence of transparent pricing details can potentially leave traders uninformed about the costs associated with their trading activities. Understanding spreads and commission fees are crucial for traders to make informed decisions about their trades and assess their overall profitability accurately. Without clear and accessible fee information, traders may face unexpected costs that can impact their trading strategies and outcomes. Therefore, traders should exercise caution and consider contacting ALPHA MARKETS' customer support for a comprehensive understanding of the fee structure.


ALPHA MARKETS offers its clients a notable leverage option of up to 1:400 for trading activities. It's important to note that this level of leverage is considerably higher than what many regulatory bodies deem appropriate in the financial industry. While high leverage can amplify potential profits, it also significantly increases the risk of substantial losses. Traders should exercise caution and have a strong understanding of leverage before utilizing such high levels, as it can lead to rapid and substantial fluctuations in the value of their investments. ALPHA MARKETS' generous leverage offering may be appealing to experienced traders seeking amplified trading opportunities, but it also underscores the importance of responsible risk management practices.


Trading Platform

ALPHA MARKETS provides its clients with a proprietary trading platform that offers several attractive features, including robust analytics tools, fast execution capabilities, and a user-friendly interface. These features can enhance the overall trading experience, making it more efficient and accessible. However, it's important for traders to be aware of potential risks associated with proprietary platforms.

One notable concern is the risk of manipulation and rigging. While proprietary platforms may offer unique advantages, they also lack the transparency and oversight that come with widely recognized third-party platforms. This can create an environment where the broker has more control over the trading process, potentially leading to conflicts of interest. Traders should exercise caution and conduct due diligence when using proprietary platforms, ensuring they fully understand the platform's terms and conditions.

Deposit & Withdrawal

ALPHA MARKETS offers a range of payment methods to facilitate deposits and withdrawals for its clients. These include widely recognized options like JCB, VISA, and MasterCard, which are commonly used by traders globally. These credit card options provide convenience and familiarity, allowing traders to fund their accounts seamlessly and efficiently. However, it's important for traders to be mindful of potential fees associated with credit card transactions and to verify the specific terms and conditions for these payment methods with ALPHA MARKETS.

Customer Support

ALPHA MARKETS provides traders with various means of contacting their customer support for inquiries and concerns. Clients can reach out via telephone at +4420351476636 or through email at Having these communication channels readily available is essential for traders to seek assistance or clarification.

While these communication channels are readily available and essential for traders seeking assistance or clarification regarding their accounts, trading strategies, or any issues they may encounter during their trading journey, it's worth noting that the platform currently lacks a live chat support option, which many traders find convenient for immediate assistance. Incorporating a live chat feature could further enhance the accessibility and responsiveness of ALPHA MARKETS' customer support, providing traders with even more avenues to address their needs effectively.

Customer Support

Educational Resources

ALPHA MARKETS notably lacks comprehensive educational resources for its traders. The absence of educational materials, such as tutorials, webinars, or written guides, can potentially hinder traders, especially those who are new to the market or seeking to enhance their trading skills. Access to educational resources is essential for traders to develop a strong foundation of knowledge and make informed decisions in the complex world of financial markets. Therefore, individuals considering ALPHA MARKETS may want to explore additional educational sources or seek guidance elsewhere to supplement their trading education and improve their trading strategies.


In summary, ALPHA MARKETS is a broker that primarily focuses on forex trading, offering a wide array of currency pairs, multiple account types to cater to varying trader needs, and a selection of payment methods for convenience. The broker also provides a high-leverage option of up to 1:400, which may be appealing to experienced traders seeking amplified trading opportunities.

However, ALPHA MARKETS raises concerns due to its unregulated status, lacking oversight from financial regulatory authorities, and the absence of transparent fee information. Traders should carefully consider these factors and conduct thorough research before deciding whether to engage with this broker, keeping in mind the potential risks associated with unregulated trading environments.


Q: Is ALPHA MARKETS a regulated broker?

A: No, ALPHA MARKETS operates as an unregulated broker and does not hold a valid license from any recognized financial regulatory authority.

Q: What market instruments can I trade on ALPHA MARKETS?

A: ALPHA MARKETS primarily offers trading in the forex market, with a variety of currency pairs, both major and minor.

Q: How can I contact customer support?

A: You can reach ALPHA MARKETS' customer support via telephone at +4420351476636 or through email at Please note that live chat support is not currently available.

Q: What trading platform does ALPHA MARKETS offer?

A: ALPHA MARKETS provides a proprietary trading platform with features like analytics, fast execution, and a user-friendly interface.

Q: What leverage options are available?

A: ALPHA MARKETS offers leverage of up to 1:400, which is significantly higher than what many regulatory bodies consider appropriate. Traders should exercise caution with high leverage.

Q: What types of trading accounts does ALPHA MARKETS offer?

A: ALPHA MARKETS offers five types of trading accounts: Mini Account, Standard Account, Gold Account, VIP Account, and Islamic Account, each with varying initial deposit requirements to accommodate different trading needs.

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