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/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
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Verified Site

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

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ALPFOREX

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

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

In a week

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

In a week

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

In a week

¿Es posible recuperar fondos tras un fraude de inversión?

La recuperación de fondos tras un fraude de inversión puede resultar difícil, pero tomar medidas oportunas puede ayudar a recuperar parte de las pérdidas. Se recomienda conservar registros de transacciones y comunicaciones relevantes, contactar con el banco para intentar detener o congelar los pagos y presentar una denuncia ante las autoridades competentes. Además, los inversores pueden utilizar los canales de reclamación pública de WikiFX para aumentar la visibilidad del problema.

In a week
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