Score

1.44 /10
Danger

Alpha Bull Markets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.49

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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Broker Information

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Company Name

Alpha Bull Markets

Company Abbreviation

Alpha Bull Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Alpha Bull Markets · Company summary

Note: Since Alpha Bull Markets official site (https://www.alphabullmarkets.com/) is not accessible (as the below screenshot shows) while writing this introduction, only a cursory understanding can be obtained from the Internet.

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General Information & Regulation

Alpha Bull Markets is allegedly a suspicious regulated forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with over 1,100 tradable financial instruments with leverage up to 1:500 and floating spreads from 1.4 pips on the state-of-the-art MetaTrader5 trading platform in a single account.

Market Instruments

Alpha Bull Markets advertises that it offers more than 1,100 trading instruments in financial markets, including 80+ forex pairs and numerous CFDs on shares, indices, oil, gold and cryptocurrencies.

Account Types

It seems that only one standard account type is offered by Alpha Bull Markets. The minimum initial capital amount to open an account is said to be $1,000.

Leverage

The maximum leverage ratio provided by Alpha Bull Markets is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Alpha Bull Markets claims that the minimum spread for forex trading is as low as 1.4 pips.

Trading Platform Available

Alpha Bull Markets says to offer the worlds most popular MetaTrader5 platform, but actually, the available platform was an unbranded trial version of MetaTarder5, taken directly from the homepage of the developer of Meta Quotes. Anyway, we suggest you use MT4 or MT5 as the trading platform. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with currently 10,000+ trading apps the traders can utilize to achieve better results. Both MT4 and MT5 have mobile Apps, trading can be done from anywhere and at any time through the right mobile terminals including iOS and Android devices.

Trading

Deposit & Withdrawal

Alpha Bull Markets accepts bank wire transfers, bitcoins and credit card payments through a third-party payment provider called Sunrise Solutions. The minimum deposit requirement is $1,000, while most regulated brokers offer only a $10 minimum deposit.

Customer Support

Alpha Bull Markets customer support can be reached by email: support@alphabullmarkets.com. Company address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. However, this broker doesnt disclose other more direct contact information like telephone numbers that most brokers offer.

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csc
more than one year
Terrible customer support. Constant phone calls several times a day often straight after the other borders on harassment when u advise communicating through email some of the emails u get to have no explanation just a picture of a graph for someone new to trading how are we meant to understand that?
Terrible customer support. Constant phone calls several times a day often straight after the other borders on harassment when u advise communicating through email some of the emails u get to have no explanation just a picture of a graph for someone new to trading how are we meant to understand that?
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2023-03-22 17:28
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生林
more than one year
Worst company ever!! I wouldn't recommend them they lie with next week and words like soon but nothing happens and they can take a month just to issue an account and no payment proof whatsoever...
Worst company ever!! I wouldn't recommend them they lie with next week and words like soon but nothing happens and they can take a month just to issue an account and no payment proof whatsoever...
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2023-02-27 13:46
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