ANSWER No, ALFIE FX LTD is not regulated.While ALFIE FX LTD showcases several certificates or licenses as evidence of its legitimacy, most of them unable to serve as the authorization for allowing it to legally offer financial services/products.Despite it asserting to be licensed by the Mauritius Financial Services Commission (Mauritius FSC), our search for ALFIE FX LTD in the register of Mauritius FSC didn't yield any matching results. This means the license claimed by ALFIE FX LTD is fake.What's more, the Financial Conduct Authority (FCA) has issued a warning against ALFIE FX LTD after confirming that it is an unauthorized firm.Therefore, BrokersView has come to the conclusion that ALFIE FX LTD is an unregulated broker. Investors, if dealing with the platform, are exposed to significant risks, such as financial losses and identity theft, as there are no legal protections. To mitigate risks thereof, we strongly suggest investors avoid unregulated brokers like ALFIE FX LTD and choose a fully regulated one.
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