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Alphas

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Operating status: SCAM

Website: https://alphas-cfd.com/

Broker violations and abnormal records
  • 2023-07-11 The BCSC issued a warning against Alphas

    On July 12, 2023, the Securities Commission of British Columbia (BCSC) issued a warning against Alphas, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/alphas

    On July 12, 2023, the Securities Commission of British Columbia (BCSC) issued a warning against Alphas, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/alphas
  • 2023-07-12 BrokersView has reviewed that Alphas is an unregulated broker

    Alphas claims to be operated by Alpha FX Limited, a multi-regulated company. However, our investigation has uncovered that Alpha FX Limited doesn't have any association with Alphas. The fraudulent trading platform is copying details of the real firm to appear legitimate and deceive investors.

    Additionally, the Securities Commission of British Columbia (BCSC) has issued a warning against Alphas, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC.

    In essence, Alphas is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Alphas claims to be operated by Alpha FX Limited, a multi-regulated company. However, our investigation has uncovered that Alpha FX Limited doesn't have any association with Alphas. The fraudulent trading platform is copying details of the real firm to appear legitimate and deceive investors.Additionally, the Securities Commission of British Columbia (BCSC) has issued a warning against Alphas, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC.In essence, Alphas is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

I live in the US, Does Alphas accept me to trade?

Thomas Brown
United States of America
2023-08-24
ANSWER The US has stringent regulations over forex trading. Alphas is a fraudulent platform and is not licensed by any US authority. Whether it accepts customers from the US, we strongly suggest you avoid the platform.Alphas appears to be an impersonation fraud. It claims to be operated by Alpha FX Limited, a multi-regulated company, but our investigation has uncovered that Alpha FX Limited doesn't have any association with Alphas.Furthermore, the Securities Commission of British Columbia (BCSC) has issued a warning against Alphas, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC.As such, Alphas is a scam. Investors, if dealing with the platform, are exposed to significant risks, such as financial losses and identity theft, as there are no rules in place to safeguard them. Investors are strongly advised against such unlicensed brokers as Alphas and instead to choose a fully regulated one for mitigating risks.
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