Brokers  /  ALPFOREX

ALPFOREX

Severe risk
🇱🇨 Saint Lucia · 2-5 years · since 2022-03-31 · Alpfx Company Limited
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.48/10
Trustpilot/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Lucia (offshore, light oversight)
  • Withdrawal complaints in ~40% 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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration808%
Transparency (site/info/social)2510%

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 nameAlpfx Company Limited
Headquarters🇱🇨 Saint Lucia
Founded2022-03-31
Years operating2-5 years
Employees0
Official websitealpforex.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--
Registered address
135/22 Amornphan 205 Tower 2, Flr.9, Nathong Alley, Ratchadaphisek RD, Din Daeng, Din Daeng, Bangkok, 10400 (THAILAND)

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
Ultra Low1:500$1,0001.0$0
STANDARD1:1,000$103.3$0.0

Review analysis AI

Across 5 recent Trustpilot reviews, 20% 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
What users praise
Where reviewers are from
United States3
Thailand1
New Zealand1

Real user reviews

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About ALPFOREX

ALPFOREX is a forex and CFD broker based in Saint Lucia, with records dating to 2022-03-31. 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.

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