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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

ALPHA TRADEX

Saint Vincent and the Grenadines|5-10 years|
Regulated in Australia|Suspicious Regulatory License|MT4/5 full license|Regional Brokers|Australia Appointed Representative(AR) Revoked|High potential risk|

https://www.alphatradex.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

AlphaTradex2-Demo

Singapore
MT4
2

Influence

D

Influence index NO.1

Taiwan 2.51
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
AlphaTradex2-Demo MT4
Server Location Singapore

Influence

Influence

D

Influence index NO.1

Taiwan 2.51

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+41 315 281 429
support@alphatradex.com
https://www.alphatradex.com/

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+41 315 281 429

Broker Information

More

Company Name

Alpha Tradex Ltd

Company Abbreviation

ALPHA TRADEX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 71 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Scam

Scammers Strategies.

I had a bad experience in Forex Trading. After depositing $1000, I made a profit of it. As I need to increase my capital so i deposited additional 1000$. I opened couple of trades and I made some profit but i lost more till 500$. Now this broker is asking to invest additional 2k$ which I told him I don’t have since then I haven't received a call from him. And now My account was on hold and I was unable to make a withdraw the profit from my account.

2021-09-08 21:26
Scam

SCAM

Just like anybody else, I met a “girl” on Tinder last summer. She said that she wanted to make friends with me. Later, she told me what she was doing in her free time - Forex trading. She asked me to install Meta Trader 4 and try the demo account. I did so for one month. Later, she persuaded me to open a real account to start trading. After one month of trading, I wanted to withdraw my profit. But she asked me to trade once more, and it was a total loss. I LOST 30,000 US dollars. A few weeks after that, the broker changed its name. I asked her what happened. She said that the broker was upgrading. Stupidly I believed that! My “friend” said she wanted to help me get a bonus to recover my loss. She made a $40,000 deposit for me, and I made $10,000. So in total I had $50,000 in my trading account. I was supposed to have a $50,000 bonus at the end of the month, but my account was BLOCKED when I wanted to withdraw them. Soon, the broker changed its name again.

2021-09-02 13:37

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • London
    • 593***
    • XAUUSD
    • 03-28 15:19:36
    • Hongkong
    • 665***
    • US500
    • 03-20 21:00:11
    • HoChiMinh
    • 387***
    • USDJPY
    • 03-28 15:15:00

    Stop Out

    0.61%

    Stop Out Symbol Distribution

    6 months

    ALPHA TRADEX · Company Summary

    GENERAL INFORMATION AND REGULATION

    Alpha Tradex is an online trading broker that is based in Saint Vincent and the Grenadines, and provides traders with intuitive trading platforms for trading different financial markets. Traders are provided with a range of educational resources, trading tools, and a client support team. There are multiple account options with spreads starting from 0 pips and leverage of up to 1:500 whilst charging zero commissions on trades.

    Headquartered in Kingstown, Saint Vincent and the Grenadines, Alpha Tradex is an online trading broker that is committed to providing traders with knowledge and a good trading environment to maximize their trading experience. The broker offers multiple financial instruments across different asset classes, including metals, forex, indices, and commodities, via the MetaTrader 4 trading platform whilst providing traders with a range of trading tools and educational resources.

    Alpha Tradex is an unregulated broker that offers multiple financial instruments across different asset classes, including Forex & CFDs via the MetaTrader 4 trading platforms.

    MARKET INSTRUMENT

    Alpha Tradex offers online trading of the following trading instruments: metals, forex, indices, and commodities.

    ACCOUNT AND LEVERAGE

    The broker offers a variety of different trading account options to suit the individual trading needs of clients. The account types are as follows: Standard; with 1 pip onward spreads, zero commission and minimum trade size of 0.01 lots. ECN; with zero pips onwards spreads and $7 per lots commission. And Swap-Free accounts; with 0.8 pips onwards spreads and zero commissions. For all the accounts, the leverage is 1:500 for forex and 1:100 for indices and commodities. And the minimum deposit required is $50

    Alpha Tradex Trading Tools

    To ensure that traders enjoy a seamless trading experience, the broker provides the following trading tools:

    • Economic calendar

    • Market overview & data

    • Technical Analysis

    • Heat Map Analysis

    TRADING PLATFORM AVAILABLE

    The broker provides traders with the sophisticated MetaTrader 4 trading platform. The platform is very popular among traders because it has an intuitive interface. It has the following key features:

    • Convenient accessibility through a range of different channels

    • User-friendly interface

    • Advanced capability for charting

    • Flexible enough to support multiple markets

    • Expert advisor system embedded in the platform

    The platform is available as a desktop application for Windows and Mac computers, web, and a mobile app that is compatible with smartphone devices running on Android and iOS.

    DEPOSIT AND WITHDRAWAL

    Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:

    • Bank wire transfer

    • Credit/Debit cards, including MasterCard, Maestro, and Visa

    • E-Wallets, such as Neteller, Skrill, and more.

    CUSTOMER SERVICE

    The broker provides traders with a customer support team that is on hand to give knowledgeable responses to clients technical, general, and account-related inquiries. They can be reached via telephone, email, call back form, and live chat.

    User Reviews

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    User comment

    3

    Comments

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    右先生
    more than one year
    Bad company! On the demo account, I can make profit normally, so I invested 1,000 US dollars and decided to give it a try, but it turned out that I lost money in one fell swoop! They say that it is because of the enormous volatility of the market and the difference between a demo account and a real account. Totally amazing statement!
    2022-11-30 18:03
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    0
    0
    大D
    more than one year
    I continue to try to have my money back and they continue to ignore me. My last email was sent on October, 28th and they didn't answer again. They are SCAMMERS!
    2022-11-28 13:38
    Reply
    0
    0
    FX1061930451
    more than one year
    What the hell! I was plan to open a small investment account to see what happen. Now I cannot even open its website. Alright, I’ll go to choose some big brokers.
    2022-11-28 10:43
    Reply
    0
    0
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