Brokers  /  Alpenfx

Alpenfx

Severe risk
🇨🇾 Cyprus · 5-10 years · since 2021-03-11 · Alpenfx
Unregulated
Visit site ↗
2.9/5
★★★★★ ★★★★★
2 reviews ›
0
Licenses ›
2
Withdrawal issues ›
$5
Min. deposit ›
—
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Gentleman's Club · 250.000 €Platinum · 50.000 – 249.999€Gold · 5.000 – 49.999 €Silver · 500.00 – 4.999 €
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.52/10
Trustpilot2.9/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)7510%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAlpenfx
Headquarters🇨🇾 Cyprus
Founded2021-03-11
Years operating5-10 years
Employees0
Official websitewww.alpenfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Gentleman's Club--250.000 €----✓
Platinum--50.000 – 249.999€----✓
Gold--5.000 – 49.999 €----✓
Silver--500.00 – 4.999 €----✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.14)

Across 2 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
🇺🇸 US1
🇨🇦 CA1
Positive vs negative · last 2 months Pos Neg
Jul
Sep

Real user reviews

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About Alpenfx

Alpenfx is a forex and CFD broker based in Cyprus, with records dating to 2021-03-11. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, Alpenfx holds a real-user score of 2.9/5 across 2 reviews. Withdrawal problems appear 2 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full Alpenfx review