Brief Look at Alpha Trades
Alpha Trades is a broker that has been exposed as a financial scammer. The company operates under Alpha Trade Financials Ltd, an entity without a license or registration and not subject to any financial regulations or oversight. This lack of regulation poses a significant risk to your funds, as the broker can operate without accountability. Additionally, the FPA has found evidence linking AlfaTrade to the fraudulent broker NRG Binary through shared ownership. The FCA also does not regulate this broker and denies any responsibility.
Numerous online reviews from Alpha Trades clients report issues with withdrawals, dishonest trading practices, and unprofessional service. A common complaint from traders is frozen accounts, leaving them unable to access their funds.
Alpha Trades has also been noted for using aggressive marketing tactics, misleading clients, and concealing important information.
As a result, Alpha Trade Financials Ltd has been blacklisted by the crypto community in 2024.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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