Name of Broker – AlphaFxPrime
Website – https://alphafxprime.com/
Address – 321503 4, Annis Komninis Street, Soleas Building, 2nd Floor, CY-1060 Nicosia, Cyprus
Regulated By – Blacklisted, Scam
Warning Issued By – Commissione Nazionale per le Società e la Borsa (Italy), The Malta Financial Services Authority (Malta)
Introduction
AlphaFxPrime is an online trading company that offers a unique trading experience. It is located in Cyprus. The name of the company is Alpha FX Europe Limited or Alpha Prime Fx Trading, and the website of the company is alpphafxPrime is www.alphafxprime.com. They can contact you by email at support@alphaprimefxtrading.com. In this article, we will discuss what AlphaFxPrime, has to offer, legit or not, warning, public reviews, and drawbacks. To check more details, read the AlphaFxPrime review.
AlphaFxPrime broker is legit or not?
When you are searching for a broker to start trading, the most important step is to check the broker certification(s). If a broker is not regulated by an authority, that means the broker is an unregulated entity. AlphaFxPrime.com is an offshore entity because they do not hold any regulated license by a central authority and also issued a warning against them. Investment with AlphaFxPrime is not safe and secure because they are involved in some suspicious activities like forex scams or, they do forex scams.
MFSA Warning
The Malta Financial Services Authority has issued a warning against an entity called ALPHAFXPRIME has an internet presence at https://www.alphafxprime.com. According to the MFSA, the broker is not registered by them, and it is not authorized to provide any financial services. MFSA advises traders that it is not safe to trade with such unregulated and blacklisted brokers.
How does the Scam works?
Scammers use a few tricks to convince people for investing with them. First, they can contact through online ads, and social media, or they call people to make an initial deposit. They will give you offers that they will double your initial investment. But at the time of withdrawing funds, people realize that they have been scammed by a scam broker. Fraudsters steal all your money or block your account. If you contact them, they show the terms and conditions that you should read before. Do not trust these scam brokers.
Public Review and Rating
Public reviews and Ratings play an important role for a new or inexperienced trader who wants to start trading. After reading all the negative and positive AlphaFxPrime reviews, we advise you to invest money in the AlphaFxPrime platform. Reviews and ratings help you a lot to avoid scam brokers and also help in finding a trustworthy broker.
Conclusion
According to All Scam Report, in our investigation, we found that AlphaFxPrime.com is not a legit broker, and they do forex scams. We advise you not to invest money with this broker otherwise, they steal all your money. If you are a victim of an AlphaFxPrime scam or any other scam broker, All Scam Report helps you with our services. If you want your money back, we provide a complaint form on our website, fill out a form and share it with us. Our team managed the rest of the things and recover your fund. We also provide a scam brokers list of 2021 and 2022 on our website that helps you to avoid scam brokers, and we also help you to find a trustworthy broker.
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