Score

1.50 /10
Danger

Alpha

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.90

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong SFC regulation (license number: ATR516) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Alpha · Company summary

Note: Alphas official site - http://www.alphahk.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Alpha Review Summary
Founded 2-5 years
Registered Country/Region China Hong Kong
Regulation SFC (Suspicious Clone)
Market Instruments N/A
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, email

What is Alpha?

Alpha, a trading platform registered in China Hong Kong, is currently facing regulatory suspicion due to apparent cloning activities. Moreover, their official website is inaccessible, suggesting a possible absconding of the platform. As a result, investing with Alpha carries inherent risk. Potential customers are advised to exercise caution and consider visiting their office or contacting their customer service line for further information.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
Phone and email support available • Website is unavailable
• Suspicious Clone
• No social media presence

Alpha Alternative Brokers

There are many alternative brokers to Alpha depending on the specific needs and preferences of the trader. Some popular options include:

  • Rakuten Securities - A leading online brokerage firm providing a wide range of financial services and investment options to clients globally.

  • Monex Securities – A reputable global brokerage firm offering comprehensive trading solutions, innovative platforms, and access to various markets for investors seeking a robust investment experience.

  • ACY Securities - A trusted Australian-based online brokerage offering advanced trading technology, competitive spreads, and a diverse range of financial instruments.

Is Alpha Safe or Scam?

Alpha is regarded as suspicious clone and it currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of Alpha is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

If you are considering investing with Alpha, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: 400-969-0852

(852) 2114 1970

Email: cs@alphahk.com

Address: Unit 10, 9th floor, Investment Building, Sino Dock, 168 Connaught Road Central, Hong Kong.

Customer Service

Conclusion

In conclusion, Alpha, a trading platform based in China Hong Kong, raises concerns regarding its legitimacy and regulation. The platform is suspected of being a clone, and there are indications that it may not be operating within the bounds of proper regulation. The inaccessibility of their official website adds to the doubt, suggesting potential issues or even fraudulent activities. As a result, it is advisable to exercise caution when considering investing with Alpha. It is recommended to seek further clarification from Alpha's office or customer service to assess the current status of the platform's regulation and legitimacy.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is Alpha regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Alpha?
A 2: You can contact via telephone, 400-969-0852 and (852) 2114 1970 and email, cs@alphahk.com.
Q 3: Does Alpha offer demo accounts?
A 3: No.
Q 4: Is Alpha a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

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