Brokers  /  Alpha FX

Alpha FX

Severe risk
🇻🇨 Saint Vincent and the Grenadines · 5-10 years · since 2021-01-29 · AlphaFx Markets limited
Unregulated
—/5
★★★★★ ★★★★★
3 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
85/100
Scam risk ›
0
Clone sites ›
▲ 33% positive▼ 67% negative
Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot—/5
Forex Peace Army—/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
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 & licensing9735%
Company age2215%
Clone / impersonation10012%
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 nameAlphaFx Markets limited
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2021-01-29
Years operating5-10 years
Employees0
Official website—
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
Office 2204,22/F 299QRC, 287-299 Queens Road Central, Hong Kong.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 3 recent Trustpilot reviews, 67% are 1–2 star.

0
Period:
What users complain about
What users praise
Where reviewers are from
India1
Bangladesh1
Argentina1

Real user reviews

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About Alpha FX

Alpha FX is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2021-01-29. 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 Alpha FX review