Score

1.51 /10
Danger

Alpha Capital

Estonia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.03

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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40G

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Broker Information

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Company Name

Alpha Capital

Company Abbreviation

Alpha Capital

Platform registered country and region

Estonia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Alpha Capital · Company summary

Note: Regrettably, the official website of Alpha Capital, namely https://www.alphacapital.capital, is currently experiencing functionality issues.

Alpha Capital Review Summary
Registered Country/Region Estonia
Regulation Unregulated
Market Instruments Currency, Stocks, Indices, Crypto and Commodities
Leverage 1:500
EUR/ USD Spread 0.4 pips
Trading Platforms Web-based platform
Minimum Deposit $250
Customer Support Phone and email

What is Alpha Capital?

Alpha Capital, an Estonia-based brokerage, operates in an unregulated environment, offering a range of market instruments. It offers leverage up to 1:500 and a spread of 0.4 pips on EUR/USD pairs. Traders can access the markets through Alpha Capital's web-based platform, facilitating convenient and flexible trading experiences. Furthermore, Alpha Capital maintains a minimum deposit requirement of $250.

Alpha Capital

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
Competitive Spreads Unregulated Status
Commission-Free Trading Website Inaccessibility
Various Market Instruments

Pros:

- Competitive Spreads: Alpha Capital offers tight spreads starting from as low as 0.4 pips, enhancing the potential for profitability by minimizing trading costs.

- Commission-Free Trading: The absence of commissions on trades allows traders to execute transactions without incurring additional costs, making it cost-effective, especially for frequent traders.

- Various Market Instruments: Alpha Capital provides access to a wide range of market instruments, including currency pairs, stocks, indices, cryptocurrencies, and commodities, catering to diverse trading preferences.

Cons:

- Unregulated Status: Alpha Capital operates in an unregulated environment, which raises concerns about investor protection and oversight, potentially exposing traders to higher levels of risk.

- Website Inaccessibility: Reports of the official website being inaccessible raise questions about the reliability and stability of Alpha Capitals trading platform, potentially impacting the trading experience and investor confidence.

Is Alpha Capital Legit or a Scam?

Investing with Alpha Capital poses notable risks due to several key factors, primarily stemming from the lack of valid regulation governing their operations. Without oversight from a government or financial authority, investors face heightened uncertainty regarding the integrity and accountability of Alpha Capital's practices. The absence of regulatory supervision leaves investors vulnerable to potential malpractices or fraudulent activities that may go unchecked, amplifying the inherent risks associated with investing in unregulated entities.

No license

Furthermore, the inaccessibility of Alpha Capital's official website compounds concerns about the reliability and stability of their trading platform. A reliable and functional website is essential for investors to access crucial information, execute trades, and manage their accounts effectively. The inability to access the website raises questions about the robustness of Alpha Capital's technological infrastructure and their ability to provide uninterrupted services to clients.

Market Instruments

Alpha Capital provides a diverse range of trading instruments and these instruments include:

- Currency: Currency trading, also known as forex trading, involves the buying and selling of different currencies in the foreign exchange market. Traders can speculate on currency pairs price movements to profit from fluctuations in exchange rates.

- Stocks: Stocks represent ownership in publicly traded companies. By trading stocks, investors can buy and sell shares of companies listed on stock exchanges.

- Indices: Indices are benchmarks that measure the performance of a group of stocks or assets within a specific market or sector. Trading indices allows investors to gain exposure to broader market trends rather than individual stocks, facilitating portfolio diversification and risk management.

- Cryptocurrencies: Cryptocurrencies are digital or virtual currencies secured by cryptography, with decentralized networks based on blockchain technology. Trading cryptocurrencies involves speculating on their price movements against fiat currencies or other cryptocurrencies, with opportunities for profit through volatility and market trends.

- Commodities: Commodities are raw materials or primary agricultural products that can be bought and sold, such as gold, oil, wheat, and coffee. Trading commodities enables investors to hedge against inflation, diversify portfolios, and take advantage of supply and demand dynamics in global markets.

Account Types

Alpha Capital provides traders with three distinct live account types: VIP, Standard, and Gold, each tailored to suit different trading preferences and experience levels.

The VIP account is designed for seasoned traders or high-net-worth individuals who require personalized services and premium features. The Standard account is suitable for intermediate traders seeking a balance between features and accessibility. It typically offers standard trading conditions, including competitive spreads, a wide range of tradable assets.

The Gold account, on the other hand, caters to beginners or those who prefer a simplified trading experience. Regardless of the account type chosen, Alpha Capital maintains a minimum deposit requirement of $250, ensuring accessibility for traders of varying financial means.

Leverage

Alpha Capital offers traders a maximum leverage of 1:500, allowing them to amplify their trading positions with borrowed funds. Leverage enables traders to control larger positions in the market with a relatively small amount of capital, potentially magnifying both profits and losses. With a leverage ratio of 1:500, traders can control positions worth 500 times their initial investment, significantly increasing their potential returns on successful trades.

However, while high leverage can enhance profit potential, it also exposes traders to heightened risks. The use of leverage amplifies both gains and losses, meaning that even small fluctuations in the market can have a substantial impact on a trader's account balance. Additionally, trading with high leverage increases the likelihood of experiencing margin calls or liquidation if positions move against the trader.

Spreads & Commissions

Alpha Capital offers traders access to tight spreads starting from as low as 0.4 pips across its various trading instruments. This narrow spread ensures that traders can enter and exit positions with minimal cost, optimizing their potential for profitability.

Moreover, Alpha Capital provides commission-free trading environment. By waiving commissions on trades, Alpha Capital enables traders to focus on their strategies without worrying about additional transaction costs eating into their profits.

Trading Platforms

The trading platform provided by Alpha Capital is the web-based platform. However, user reports suggest that the actual platform falls short of these promises and exhibits an unprofessional and peculiar appearance. This discrepancy raises doubts about the reliability of the broker.

A key marker of a reputable broker is their support for established and professional platforms such as MetaTrader4 and MetaTrader5. Yet, Alpha Capital does not offer support for these industry-standard platforms, signaling a concerning aspect. Legitimate brokers typically prioritize MetaTrader platforms due to their widespread use and reputable features.

In contrast to brokers that support MetaTrader platforms, Alpha Capital relies on a web-based platform that purportedly lacks the professionalism, reliability, and advanced features associated with MetaTrader. Traders should exercise caution when assessing Alpha Capital's capabilities and trading experience, considering the limitations and questionable presentation of its platform.

Deposits & Withdrawals

Alpha Capital offers deposit and withdrawal processes. Traders have the option of using bank wire transfers or cryptocurrencies, providing flexibility and convenience. Bank wire transfers typically take up to 24 hours for deposits to reflect in the trading account, ensuring swift access to funds for initiating trades. On the other hand, cryptocurrency deposits also require a 24-hour processing time, with the associated fee depending on the specific cryptocurrency used for the transaction.

Customer Service

Customers can get in touch with customer service line using the information provided below:

Telephone: +44 2031290676, +442031290676

Email: support@alphacapital.capital, documents@alphacapital.capital

Conclusion

In conclusion, Alpha Capital presents itself as a brokerage offering competitive trading conditions, including tight spreads, commission-free trading, and diverse market access.

However, its unregulated status raises concerns about investor protection and oversight, while reports of website inaccessibility and limited customer support channels will impact the overall trading experience. Traders should carefully weigh the benefits against the risks and consider their individual preferences and risk tolerance before choosing to engage with Alpha Capital.

Frequently Asked Questions (FAQs)

Question 1: Is Alpha Capital regulated by any financial authority?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: How can I contact the customer support team at Alpha Capital?
Answer 2: You can contact via telephone: +44 2031290676 / +442031290676, email: support@alphacapital.capital and documents@alphacapital.capital.
Question 3: What platform does Alpha Capital offer?
Answer 3: It offers web-based platform.
Question 4: What is the minimum deposit for Alpha Capital?
Answer 4: The minimum initial deposit to open an account is $250.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

News

ExposureAlpha Capital Group is a red flag

The Financial Conduct Authority (FCA) of the United Kingdom issued a warning against Alpha Capital Group. The authority said this firm may be providing or promoting financial services or products without our permission. Here are the details of this unauthorised firm.

WikiFX
2023-11-23 10:08
Alpha Capital Group is a red flag

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