Score

1.37 /10
Danger

Alpha Markets

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.92

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Alpha Markets

Company Abbreviation

Alpha Markets

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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Alpha Markets · Company summary
Alpha Markets Review Summary
Registered On2022-06-07
Registered Country/RegionCyprus
RegulationUnregulated
Market InstrumentsForex, Indices, Metals, and Energies
Demo Account
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading Platform/
Min Deposit$5
Customer SupportPhone: +27 81 482 6736
WhatsApp, Facebook, Instagram, TikTok
5th Street, Sandton, South Africa

Alpha Markets Information

Alpha Markets is a global financial platform that offers Contract for Difference (CFD) trading, covering multiple asset classes such as foreign exchange, indices, precious metals, and energy. It is suitable for both novice and experienced traders.

Alpha Markets

Pros and Cons

Pros Cons
Spreads as low as 0.0 pipsUnregulated
Multiple trading instrumentsNon-transparent leverage
Diverse payment methodsNo 24/7 customer support
Educational resourcesNo clear bonus policy

Is Alpha Markets Legit?

Alpha Markets is unregulated. It is recommended to prioritize brokers that indicate regulatory authorities and license numbers to enhance fund security.

unregulated
unregulated

What Can I Trade on Alpha Markets?

Alpha Markets offers various trading instruments, including forex, indices, metals, and energies.

Tradable Instruments Supported
Forex
Indices
Metals
Energies
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds

Alpha Markets Fees

The minimum spread for forex is 0.0 pips. For more information about other fees, please contact customer service for consultation.

Deposit and Withdrawal

The minimum deposit is 100 South African Rand (R100). Payment methods of Alpha Markets include instant electronic payments (Ozow, OPAY, Capitec Pay), credit cards (VISA/Mastercard), and Paystack (for the African region).

minimum deposit

News

ExposureNegative Review: Alpha Markets Trading Giveaways Turn Into False Promises

Explore the risks associated with Alpha Markets, an unregulated Forex broker in South Africa. Learn about the false promises of giveaways, Jason Noah's dubious role, and the absence of FSCA regulation. Stay informed and protect yourself from forex scams.

WikiFX
2023-11-13 16:19
Negative Review: Alpha Markets Trading Giveaways Turn Into False Promises

ExposureWikiFX Review: Is it ok to invest in Alpha Markets?

Alpha Markets is a forex broker offering multiple assets to its clients. It was registered in Cyprus and has a trading experience of less than one year. But can we trust this broker? This article may give you some clues.

WikiFX
2023-02-20 17:44
WikiFX Review: Is it ok to invest in Alpha Markets?

User Reviews

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User comment

3

Comments

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FX3113260048
6-12months
They Say On Their Website Their Deposit deposit process are instant But Since Ever I did the Deposit I haven't Seen Funds In My Account. They stole My Money.
They Say On Their Website Their Deposit deposit process are instant But Since Ever I did the Deposit I haven't Seen Funds In My Account. They stole My Money.
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2024-10-07 15:50
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Sash
more than one year
My experience with Alpha Markets has been extremely disappointing. They removed funds from my trading account without explanation or notice, causing significant financial loss and emotional distress. Customer support was unhelpful. I urge caution when dealing with Alpha Markets.
My experience with Alpha Markets has been extremely disappointing. They removed funds from my trading account without explanation or notice, causing significant financial loss and emotional distress. Customer support was unhelpful. I urge caution when dealing with Alpha Markets.
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2023-09-05 03:10
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