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WikiFX Review: Is it ok to invest in Alpha Markets?
Abstract：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.
About 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. The physical address of this broker is Naxou 1 Street 1st Floor, Office 103 Strovolos 2043 Nicosia, Cyprus. We do not know who own this firm and the fully background of it.
Regulation
Alpha is not a regulated broker. It does not hold a legitimate license. And WikiFX has given this broker a low rating of 1.01/10. Be aware of the risk.
Account Types
This broker offers clients three different types of accounts. They are Classic, RAW SPREAD, and Alpha100.
Leverage
This broker offers leverage of up to 1:500, which is considered high. Newbies and inexperienced traders should understand the potential risks.
Contact Information
This broker provides clients with email addresses and phone numbers, however, it does not mean you can get in touch with them.
Conclusion
As an unlicensed and unregulated brokerage firm, Alpha Markets may blow your account and take your money away without your permission. It is difficult for you to hold them accountable for your loss of money. The lack of significant information makes this broker more questionable. Therefore, we recommend you avoid brokers like Alpha Markets.
If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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