ALPEX TRADING Review 2025: Is This Forex Broker Safe?

ALPEX TRADING is a Forex broker established in 2023, offering digital trading services to global clients. While the broker markets itself with accessible account options and high leverage, its safety profile is concerning. Currently, ALPEX TRADING holds a WikiFX Score of 1.34, which is considered high-risk. Furthermore, the entity currently operates without valid regulation, relying solely on a registration in Saint Vincent and the Grenadines.

Pros and Cons of ALPEX TRADING

• ✅ High Leverage: Offers leverage up to 1:5000, which is significantly higher than regulated standards.
• ✅ Low Entry Barrier: The Standard account requires a minimum deposit of just $25.
• ✅ Diverse Assets: Tradable instruments include Forex, Precious Metals, Indices, Crypto, and Commodities.
• ❌ No Regulation: The broker is not regulated by any reputable financial authority.
• ❌ Withdrawal Issues: Numerous complaints filed regarding the inability to withdraw funds.
• ❌ Poor Support: Customer service is limited to email with reports of unresponsive behavior.
• ❌ Copy Trade Claims: Allegations of scams related to “Money Printer” copy trading strategies.

ALPEX TRADING Regulation and License Safety

Unregulated Status

Data indicates that ALPEX TRADING does not hold a valid license from any Tier-1 regulatory body (such as the FCA, ASIC, or NFA). The broker is registered in Saint Vincent and the Grenadines. It is important to note that the financial authority in this region acts primarily as a registry and does not enforce strict oversight, client fund segregation, or compensation schemes for Forex trading.

Risk Warning

Dealing with an unregulated broker involves significant risk. If the broker becomes insolvent or refuses to process withdrawals, traders have no legal recourse or regulatory protection.

Real User Feedback and Complaints

ALPEX TRADING has received a high volume of complaints, with WikiFX recording 10 allegations in just the past three months. The primary grievances revolve around withdrawal failures and account restrictions.

Withdrawal Refusals and Fees:

Multiple users have reported that their withdrawal requests are ignored or rejected. In one instance (Case 1), a user was asked to pay an additional $2000 handling fee to access their funds, a tactic often associated with fraudulent platforms. Another user (Case 15) claimed their account was suddenly disabled after years of trading, creating immediate issues with the login process and trapping their capital.

Copy Trading Allegations:

Several complaints (Cases 9, 11, 13, 14) highlight a specific issue with a copy trading service called “Money Printer.” Investors claim that trades are kept open (floating) indefinitely to prevent withdrawals, or that positions are mismanaged to wipe out investor funds.

Lack of Communication:

Traders frequently mention that customer support is non-existent. Emails to `support@alpextrading.com` often go unanswered, or users find the email addresses invalid regarding refund requests.

ALPEX TRADING Forex Trading Conditions and Fees

Account Types

The broker offers three main account tiers:

• Standard Account: Minimum deposit $25, Leverage up to 1:500.
• Advanced Account: Minimum deposit $5000, Leverage up to 1:1000.
• Pro Account: Minimum deposit $20,000, Leverage up to 1:5000.

Leverage

The maximum leverage of 1:5000 on the Pro account is excessive. While it allows for large positions with small capital, it exposes traders to rapid and total loss of funds.

Final Verdict

ALPEX TRADING presents a high-risk environment for traders. With a WikiFX Score of 1.34, no regulatory oversight, and a surge of complaints regarding withdrawal blocks and copy-trading irregularities, this broker cannot be recommended. The combination of high leverage and unresponsive support further amplifies the danger to client funds.

To stay safe and view the latest regulatory certificates, check ALPEX TRADING on the WikiFX App.