AlphaFX Markets is a company that claims it is offering investors a secure Forex trading opportunity. The platform state that their main focus is to offer secure trading to clients. They are encouraging both novice traders and expert traders to join them.
The entity is a get rich quick scheme based on the information they feature on their website. The firm state that you can make a profit quickly by joining their cause. However, this is an offshore venture that you should not trade with.
The company brags that they have a variety of trading assets for their clients. Moreover, the firm claims that they are regulated; hence clients’ funds are secure. We shall discuss that in detail later on. Additionally, the platform has five investment plans to target all forms of investors—those with high-risk appetite, even novice clients.
Another feature that the platform brag about has over 100 trading instruments. Hence, clients can diversify their portfolio at any time. We do not know the trading platform that this firm is using. Nonetheless, they claim it is the most powerful in the industry.
Moreover, the company is also offering educational material to their clients. You will get information regarding the trading guides and much more. We haven’t had the opportunity to see the quality of their services. Hence, we cannot conclude whether the info is true.
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AlphaFX Markets state that they have the best commission and low spread in the market. Hence, you will enjoy the best trading condition if you decide to join them. Moreover, the firm also states that it does not have any restrictions on its clients.
They trade using all strategy giving their clients the best outcome. The minimum amount that you can deposit is $100. You can trade forex, digital currency, indices, CFDs, crude oil, shares, and futures. The entity also brags that they have over ten years of experience in the market.
Unfortunately, the entity is just another potential scam that has invaded the market. AlphaFX Markets is an EXN STP broker, and they promise investors the best experience in the industry. The firm state that it is focused on offering the best services in the industry.
The company views itself as a venture that wants to transform the forex sector. They also highlight some of their best quality for investors to see. AlphaFX Markets welcome investors to venture with them and trade using various trading tools.
You can trade for yourself; therefore, no need to rely on account managers. However, we doubt this entity, and we shall show you the red flags with them. Invest with legit Forex trading EA that will trade automatically without compromising your funds or safety.
Leverage and Spread
The minimum trading lot is 0.01, and they are offering a very high leverage of 1:500, and their spread is as low as 0.1. The firm is accepting funds via Neteller, MasterCard, Visa Web Money, Skrill, Maestro, and Skrill.
The spread that the company is offering is attractive. We had a chance to try out their demo, and for EURUSD currency pair, we got a spread of 1.5. Moreover, their leverage is also very high, which is expected from the unregulated venture.
Nonetheless, you should know the shortcoming that comes with high leverage. Unfortunately, the venture is not trustworthy. AlphaFX Markets does not have trading results, which is a huge red flag.
The company claim that it is using the MetaTrade4/5 platform. Therefore, you can trade with ease. The interface is compatible with various devices like smartphone, web, desktop, or even laptop.
You can additionally trade from any place with high flexibility. Additionally, you will have the advantage of utilizing various indicators, charts, and analyzing tools.
AlphaFX Markets claim that they are located in the UK. They feature a telephone number (+44 7552923107) as well as their email address, [email protected]
The venture state that they are always willing to help investors in whatever way. Therefore, you can give them a call or use the live chat. The office address of the company is at Kemp House 160 City Road London, UK, EC1V 2NX.
The venture is also available on social media. They are on Instagram, Facebook, Twitter, LinkedIn, and Skype. We believe that the location that the company displays is not their real area of operation. Ponzi scheme does this to win over customers.
With the features we have discussed, the entity will only leave you high and dry. They will only contact you when they have better deals. However, when you request your funds, it will be a chase. Scammers will go to the extent of blocking you.
On their website, AlphaFX Markets claim that one of their priority is safeguarding investors money. Therefore, the company state that they segregate the funds of their customers in different account with that of the firm.
Alpha FX Markets Limited allegedly incorporates the entity. However, they do not feature any regulatory or registration document on their website, which raises questions.
Moreover, they have partnered with financial institutions, and clients allegedly should not worry about their safety. Sadly, the information is misleading and false.
The entity is not regulated by any financial body in the market. Additionally, they are not in the list of the licensed venture by the FCA, which is the watchdog of the UK.
AlphaFX Markets is, therefore, a scam that is displaying false information to win over innocent traders. Nonetheless, the FCA has not yet issued a warning against this venture. You should, however, observe caution and avoid such firms.
The shortcoming of AlphaFX Markets
The company is suspicious and unregulated. They have a very high chance of being a scam. Moreover, you should not trust anonymous ventures. The platform doesn’t have terms and conditions; therefore, the firm will operate; however, they please.
Your Withdrawal request will be delayed forever. Additionally, they will say all sorts of words to keep you from cashing out. It is expected that they will have hidden charges which the entity will never disclose. The company is offering high leverage to investors.
However, you should not be misled by such features. You should ask yourself why do regulatory body restrict Investment ventures into offering low leverage. It is because they know the risk that comes along. Moreover, AlphaFX Markets is not transparent.
They lie about having ten years of experience while they haven’t been in the market for that duration. Additionally, the company does not credit their team. The information of the founder is also hidden from the public.
The red flag should serve as a warning to investors tempted into joining them. Additionally, they leave out important information from their website. Always be very cautious with a company that is having such characteristics.
AlphaFX Markets is operating without terms and conditions. The company is not bound by any law, and it is unethical for them to operate in such a manner. We are used to such a venture, and they do not end well clients lose money in the process.
You can invest with legit Forex trading investment companies that will give you real-time earning. The safety of your money should come first to avoid any inconvenience.
They do not present any legal data, and we would advise investors to stay away from the shady firm. You will not make money in an entity that lies about being regulated. It shows their level of desperateness I’m winning clients over.
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