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Alphatrade Pro

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Operating status: SCAM

Website: https://www.alphatradeproltd.com/

Broker violations and abnormal records
  • 2024-01-28 The FCA issues a warning against Alphatrade Pro

    On January 26, 2024, the Financial Conduct Authority (FCA) issued a warning against Alphatrade Pro, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/alphatrade-pro

    On January 26, 2024, the Financial Conduct Authority (FCA) issued a warning against Alphatrade Pro, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/alphatrade-pro
  • 2024-01-29 BrokersView has Reviewed that Alphatrade Pro is an Unregulated Broker

    According to its website, it is located in the UK and USA. Upon investigation, no matching information was found in the National Futures Association (NFA). In addition, the Financial Conduct Authority (FCA) issued a warning against Alphatrade Pro, believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, Alphatrade Pro 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.

    Alphatrade Pro appears to be a scam.

    According to its website, it is located in the UK and USA. Upon investigation, no matching information was found in the National Futures Association (NFA). In addition, the Financial Conduct Authority (FCA) issued a warning against Alphatrade Pro, believing this company might be providing financial services or products without proper authorization in the UK.In essence, Alphatrade Pro 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.Alphatrade Pro appears to be a scam.

Related Complaints

Q&A

Alphatrade Pro, somebody knows?

Gupta dilip
Finland
2024-12-27
ANSWER Dear Investor, Thank you for reaching out to us. Our investigation suggests that Alphatrade Pro is a scam. While Alphatrade Pro claims to have offices in both the US and the UK, there are no indications that it is registered with any financial regulator in either country. The British financial regulator, the Financial Conduct Authority (FCA), has red-flagged Alphatrade Pro in a warning, highlighting its unauthorized status and advising investors to stay away. Therefore, we strongly advise against trusting Alphatrade Pro due to its substantial risks. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers instead.
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Where was Alphatrade Pro founded?

Robert El Nems
Sint Eustatius
2024-02-05
ANSWER Alphatrade Pro, which purports to have offices in both the UK and the US, is not a safe choice for traders due to its lack of necessary operational licenses.Our investigation into this company's standing with the National Futures Association (NFA) and the Financial Conduct Authority (FCA) has yielded no evidence of its legitimacy in either country. Furthermore, the FCA has issued a warning and flagged Alphatrade Pro as an unauthorized firm in the UK, advising investors to avoid it.Engaging with Alphatrade Pro could potentially expose investors to fraud and identity theft. To protect their interests, investors are urged to avoid unlicensed platforms like Alphatrade Pro and instead opt for fully regulated ones. Stay informed and secure in your trading decisions.
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