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Alpha FX

Saint Vincent and the Grenadines|2-5 years|
MT5 Full License|Regional Brokers|High potential risk|

http://alphaforexmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

AlphaFxMarkets-Live

Singapore
MT5
1

Influence

D

Influence index NO.1

Namibia 2.43

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
AlphaFxMarkets-Live MT5
Server Location Singapore

Influence

Influence

D

Influence index NO.1

Namibia 2.43

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+16503050125
support@alphaforexmarkets.com
http://alphaforexmarkets.com/
Office 2204,22/F 299QRC, 287-299 Queens Road Central, Hong Kong.

Licenses

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

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+16503050125

Broker Information

More

Company Name

AlphaFx Markets limited

Company Abbreviation

Alpha FX

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-05-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Alpha FX · Company Summary

General Information & Regulation

Alpha FX, a trading name of AlphaFx Markets limited, is allegedly a suspicious regulated forex and shares broker incorporated in Hong Kong that claims to provide its clients with a wide variety of tradable financial instruments with flexible leverage up to 1:300 and variable spreads from 0.0 pips on the industry-standard MetaTrader5 trading platform, a choice of four different account types, as well as copy trade service and 24/7 customer support service.

Market Instruments

Alpha FX advertises that it offers a wide range of trading instruments in financial markets, including over 60 currency pairs, CFDs, spot metals and indices, and over 180 share CFDs.

Account Types

Apart from demo accounts, there are four live trading accounts offered by Alpha FX, namely Jessie ECN, Chris STP, Jordan ECN and Bernie STP, with the minimum initial deposit amount of $1,000, $500, $200 and $100 respectively.

Account

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Jessie ECN and Jordan ECN accounts can experience leverage of 1:200, while the Chris STP and Bernie STP accounts can enjoy the maximum leverage of 1:300. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads & Commissions

Alpha FX claims that clients on different account types can enjoy different spreads and commissions. The Jessie ECN and Jordan ECN accounts can enjoy raw spreads, while the Chris STP account and Bernie STP accounts can experience spreads of 10 and 20 separately. As for commissions, the broker will charge the Jessie ECN and Jordan ECN accounts a commission of $8 and $15 respectively, while the Chris STP and Bernie STP accounts with no commission. Whats more, different trading assets are quipped with different spreads and commissions. For example, the spread for forex is as low as 0.2 pips, while CFD spread is from 0.4 pips. The stock commission is from $3, while the commission for commodities is as low as $1.25.

Spreads

Trading Platform Available

Platforms available for trading at Alpha FX are MT5 Windows, MT5 IOS – Mobile, MT5 Android – Mobile, MT5 Machintosh and Web Trade (see the below screenshot). In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading

Deposit & Withdrawal

From the logos shown at the foot of the home page on Alpha FXs official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Skrill, PayPal, TransferWise, Visa, MasterCard and Bank Transfer. The minimum deposit requirement is said to be $250, however, the minimum initial capital to open an account is $100. There is no maximum limit.

Deposit

Bonuses

Alpha FX claims to offer a 100% bonus and its clients can get a bonus for 90 days, yet we cannot be sure if the bonus is available without any condition.

Customer Support

Alpha FXs customer support can be reached by telephone: +16503050125, email: support@alphaforexmarkets.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Twitter, Facebook, Instagram, YouTube, Skype, Telegram and LinkedIn. Corporate Office: Office 2204,22/F 299QRC, 287-299 Queens Road Central, Hong Kong.

News

WIKIFX REPORT: Alpha FX says it can cut banking compliance delays for alternative funds

NewsWIKIFX REPORT: Alpha FX says it can cut banking compliance delays for alternative funds

2022-06-29 16:29

Alpha FX is looking to launch its alternative banking platform in the grand duchy. The firm has hired Nick Maton to head up its Luxembourg operations.

WikiFX
2022-06-29 16:29
News
WIKIFX REPORT: Alpha FX says it can cut banking compliance delays for alternative funds
WIKIFX REPORT: IN BRIEF: Alpha FX shares lifted on nearly doubled profit in full year

NewsWIKIFX REPORT: IN BRIEF: Alpha FX shares lifted on nearly doubled profit in full year

2022-06-29 16:16

Alpha FX Group PLC - London-based foreign exchange risk management and international payments

WikiFX
2022-06-29 16:16
News
WIKIFX REPORT: IN BRIEF: Alpha FX shares lifted on nearly doubled profit in full year
WIKIFX REPORT: ALPHA FX STOCK RISES MORE THAN 10% FOLLOWING BLOWOUT EARNINGS

NewsWIKIFX REPORT: ALPHA FX STOCK RISES MORE THAN 10% FOLLOWING BLOWOUT EARNINGS

2022-06-29 16:04

Foreign exchange service provider Alpha FX Group PLC (LON:AFX) announced its results for the financial year ending December 31, 2021, which showed solid performance in terms of revenue and earnings growth.

WikiFX
2022-06-29 16:04
News
WIKIFX REPORT: ALPHA FX STOCK RISES MORE THAN 10% FOLLOWING BLOWOUT EARNINGS

User Reviews

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3

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李春波
more than one year
Lower trading fees and better pricing compared to brokers based in highly-regulated jurisdictions attracted me most. But, I did get a pleasant trading experience on the Alpha FX trading platform.
2023-02-27 11:51
Reply
0
0
Mr.nut
more than one year
They said they provided advanced mt5 trading platform. However, this mt5 cannot be downloaded at all. A big offshore liar. Don’t ever trade with it.
2022-12-06 17:21
Reply
0
0
德儿意的笑
more than one year
This platform is totally a scam, and they are collecting money from people to fill their pockets. I already lost $3,000 in copy trade in this platform. Don’t believe their soft words and fake promises given. JUST STAY AWAY FROM IT!!!
2022-11-30 15:55
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0
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