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AlfaTrade

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2.0
(0 Review)

Founded: - Min Deposit: 250 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 1000

Risk Level I

Alfatrade is registered with SVG FSA, but SVG FSA does not regulate foreign exchange. Warnings from CNMV and CONSOB.

Score
Business Scope
0.0
Trading Cost
2.0
Trading Platforms
2.0
Support
2.0
Licence Status
SVG FSA 1752LLC2022
Registered
Contact
support@alfatrade.cc
https://alfatraders.org/
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

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Profile
Headquarters Address
First Floor, First St Vincent Bank Ltd Building James Street, Kingstown, 1574, St. Vincent and the Grenadines
Credit Profile No information
Trading Platforms
Contact
No Data
Others
Website Language
English,  Italian,  Spanish
Customer Service By
Email,  Web Form
Supported Language
English

Related Complaints

Q&A

Is AlfaTrade swap-free?

fenderpeteyahoocom
Seychelles
2023-12-14
ANSWER No matter how attractive the trading conditions it provides, it is strongly advised against engaging with AlfaTrade. This broker is operating outside of the regulatory framework, leaving its clients vulnerable to fraud and identity theft.While AlfaTrade claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it is important to note that this offshore financial watchdog has explicitly stated that forex trading brokerage activities are not licensed by them. Therefore, despite the claim of having an SVG FSA registration, AlfaTrade is not considered legitimate in this industry, as it lacks stringent regulation to ensure its regulatory compliance.We recommend opting for forex brands that are regulated by top-tier authorities, such as the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). These regulators enforce strict rules and have a customer-focused approach, offering clients a higher level of protection.
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Overall Score

2.0
0 Review
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.