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0 1 2 3 4 5 6 7 8 9
/10

ALPFOREX

Saint Lucia Saint Lucia | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.alpforex.com/?lang=en

Website

Rating Index

Contact

+66 23542298
https://www.alpforex.com/?lang=en
135/22 Amornphan 205 Tower 2, Flr.9, Nathong Alley, Ratchadaphisek RD, Din Daeng, Din Daeng, Bangkok, 10400 (THAILAND)

license Forex License

No forex trading license found. Please be aware of the risks.

Company Profile 4
2-5 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
Alpfx Company Limited
Abbreviation
ALPFOREX
Employees
--
Email
support@alpforex.com
Contact Number
+6623542298
Address
135/22 Amornphan 205 Tower 2, Flr.9, Nathong Alley, Ratchadaphisek RD, Din Daeng, Din Daeng, Bangkok, 10400 (THAILAND)
Account Info
Verified Site
Related Companies
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • United States alpforexlc.com
    104.21.60.249
  • alpforex.com
    104.21.40.72

Related Companies

ALPFX COMPANY LIMITED
Saint Lucia
ALPFX COMPANY LIMITED
Active
Saint Lucia
Registration No. --
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

ALPFOREXReview Summary
Founded2021-03-01
Registered Country/RegionSaint Lucia
RegulationNFA
Market InstrumentsForex, Index, Gold, and Silver
Demo Account
LeverageUp to 1:1000
SpreadSpread as low as 0(Ultra Low)
Trading PlatformMT5
Min Deposit$10
Customer SupportPhone:+66 23542298
Email:Support@Alpforex.com
Line:@alpforex
Social Media:Facebook: ALPFOREX

ALPFOREX Information

ALPFOREX is a foreign exchange broker that provides forex, index, gold, and silver trading products. In addition, it also has demo accounts and three real account types, including Standard, Ultra Low, and Promotion, with leverage up to 1:1000. ALPFOREX also provides 24/7 customer support.

Pros and Cons

Pros Cons
RegulatedExceeded Status
$30 bonus
Economic Calendar and EA available
Demo and ECN account implement

Is ALPFOREX Legit?

ALPFOREX is regulated in the United States and its regulatory status is exceeded. It is regulated by the NFA, and the license number is 16280310.

Is ALPFOREX Legit?
Is ALPFOREX Legit?

What Can I Trade on ALPFOREX?

Traders can trade forex, indices, and precious metals. The main products of precious metals are gold, silver, and crude oil.

Tradable Instruments Supported
Forex
Index
Precious Metals (Crude, Gold, and Silver)
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on ALPFOREX?

Account Type

ALPFOREX provides two account types of information: Standard and Ultra Low. Traders who meet the register conditions can enjoy a $30 bonus. Standard and Ultra Low are commission-free. In addition, the minimum spread of these two accounts is 1.0 pips, and the leverage is as high as 1: 1000. The following is a comparative analysis of Standard and Ultra Low:

Account Type StandardUltra Low
Starting spread (pips)3.31.0
Commission (per lot)$0.0$0.0
Leverage1:1,0001:500
Minimum deposit$10$1,000
Account Type

ALPFOREX Fees

ALPFOREX offers an account spread of 1.0 pips. Standard and Ultra Low accounts are commission-free.

Leverage

ALPFOREX leverage is as high as 1:1000, and the risk is relatively high.

Trading Platform

ALPFOREX provides MT5 trading platform where traders can complete forex, index, and other market transactions through MT5. MT5 has more in-depth technical analysis functions and is more popular among traders than other trading platforms.

Trading PlatformSupported Available Devices
MT5Windows, macOS, ios, Android
Trading Platform

Deposit and Withdrawal

The minimum deposit and minimum withdrawal amount are both $10. Traders on the ALPFOREX website can make payments through various channels such as OR Payment, Credit Card, Rabbit Line Pay, and True Money Wallet.

Deposit and Withdrawal

Customer Support Options

ALPFOREX provides four contact methods: phone, email, Line, and Facebook social media. It provides 24/7 customer service.

Contact Options Details
Phone +66 23542298
Email Support@Alpforex.com
Line@alpforex
Social Media Facebook: ALPFOREX
Supported Language Thai
Website Language Thai
Physical Address 135/22 Amornphan 205 Tower 2,Flr.9, Nothing Alley, Ratchadaphisek RD, Din Daeng, DinDaeng, Bangkok,10400(THAILAND)
Customer Support Options

The Bottom Line

ALPFOREX provides trading platforms and trading tools, such as MT5, forex calculators, economic calendars, etc., to facilitate traders' trading and data analysis, however, its leverage is as high as 1:1000 and has not received supervision, which is detrimental to traders' trading risky.

FAQs

Is ALPFOREX safe?

No, unregulated.

What account types doesALPFOREX offer?

ALPFOREX provides two account types of information: Standard, and Ultra Low. In addition, there are demo accounts.

What fees does ALPFOREX have?

According to the comparison between Standard and Ultra Low accounts, the lowest spread between these two accounts starts at 1.0 pips. They commission-free.

Risk Warning

Any transaction is based on the estimated price difference to make profits, which will lead to certain risks, please be careful!

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of ALPFOREX evaluated?

WikiFX assessment indicates that ALPFOREX, operating as Alpfx Company Limited from Saint Lucia, receives a low overall score of 1.47, which is predominantly impacted by a total absence of credible regulatory oversight. The broker functions without any licenses from recognized financial authorities, meaning client funds are not protected by standard industry safeguards such as segregated accounts or compensation schemes. This structural lack of external supervision represents a significant security consideration for traders.

04-02
United States

Is ALPFOREX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose ALPFOREX or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with ALPFOREX?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

Three days ago

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

Three days ago
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