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Alacom Corporation

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Operating status: SCAM

Website: https://alacommcorp.com/

Broker violations and abnormal records
  • 2024-07-29 BrokersView has reviewed that Alacom Corporation is an unregulated broker

    According to its website, it claims to be regulated by the Dubai Financial Services Authority (DFSA) and the Cyprus Securities and Exchange Commission (CySEC). Upon investigation, no matching information was found in the DFSA and CySEC.

    In essence, Alacom Corporation is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Alacom Corporation appears to be a scam.

    According to its website, it claims to be regulated by the Dubai Financial Services Authority (DFSA) and the Cyprus Securities and Exchange Commission (CySEC). Upon investigation, no matching information was found in the DFSA and CySEC.In essence, Alacom Corporation is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Alacom Corporation appears to be a scam.

Related Complaints

Q&A

Is Alacom Corporation really regulated?

blinaclaxz6
Brazil
2024-07-31
ANSWER No, Alacom Corporation is an unregulated broker.Our investigation indicates that Alacom Corporation's claim of being regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Dubai Financial Services Authority (DFSA) is baseless. Therefore, Alacom Corporation is not only unregulated but also fraudulent.In light of this, Alacom Corporation cannot be trusted. To have a safer trading environment, investors are strongly advised to steer clear of unregulated brokers like Alacom Corporation and instead choose fully regulated ones.
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