Score

1.51 /10
Danger

ALPHA FUTURES

Cambodia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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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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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ALPHA FUTURES · Company summary

Note: Regrettably, the official website of ALPHA FUTURES, namely https://www.agfvip.com, is currently experiencing functionality issues.

ALPHA FUTURES Review Summary
Registered Country/Region Cambodia
Regulation Unregulated
Market Instruments N/A
Leverage 1:!00
EUR/ USD Spread 3.0 pips
Trading Platforms MT4
Minimum Deposit N/A
Customer Support Phone and email

What is ALPHA FUTURES?

ALPHA FUTURES, an unregulated brokerage based in Cambodia, offers traders a maximum leverage of 1:100 and a fixed spread of 3.0 pips on the EUR/USD currency pair. Clients have access to the popular trading platform MetaTrader 4 (MT4) for executing trades and managing their portfolios. However, the lack of accessibility to the official website may raise concerns about the reliability of ALPHA FUTURES' trading services.

ALPHA FUTURES

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
Access to MT4 Unregulated
Inaccessible website
Unclear trading conditions (commissions, swaps, accounts, funding methods)
Limited trust and transparency

Pros of ALPHA FUTURES:

- Access to MT4: Clients have access to the popular MetaTrader 4 platform for trading, which is known for its user-friendly interface and advanced tools.

Cons of ALPHA FUTURES:

- Unregulated: Alpha Futures, operating with unregulated status, presents a considerable risk to investors due to the lack of oversight from a government or financial authority. This absence of regulation may raise uncertainties regarding the safety of funds and the reliability of the brokerages operations.

- Inaccessible Website: The brokerage's website is inaccessible, making it difficult for traders to access important information and potentially raising concerns about transparency.

- Unclear Trading Conditions: ALPHA FUTURES does not provide clear information on commissions, swaps, accounts, and funding methods, leading to uncertainty for clients.

- Limited Trust and Transparency: The lack of regulatory oversight and transparency may create doubts about the safety of funds and the reliability of the brokerage.

Is ALPHA FUTURES Legit or a Scam?

ALPHA FUTURES, currently operating without valid regulation, poses a significant risk to investors as there is no government or financial authority overseeing their operations. The lack of regulatory oversight raises concerns about the transparency and accountability of ALPHA FUTURES, potentially exposing investors to fraudulent activities or financial misconduct.

No license

Additionally, the inaccessibility of ALPHA FUTURES' official website further adds to the doubt surrounding the reliability of their trading platform. The inability to access crucial information about the company's services, fees, and policies makes it challenging for investors to make informed decisions and evaluate the risks associated with investing in ALPHA FUTURES.

Leverage

ALPHA FUTURES offers a maximum leverage of 1:100, providing traders with the opportunity to amplify their trading positions and potentially increase their profits. Leverage allows traders to control larger positions in the market with a smaller amount of capital, magnifying both gains and losses. With a leverage ratio of 1:100, traders can increase their exposure to the market significantly, potentially leading to higher returns on their investments.

However, high leverage also comes with high risks. While leveraging can magnify profits, it can also amplify losses, potentially leading to significant financial setbacks if trades do not go as planned.

Spreads & Commissions

ALPHA FUTURES offers a 3 pip fixed spread on most currency pairs, providing traders with a predictable cost structure for their trades. Spreads refer to the difference between the buying and selling price of a security or currency pair, with fixed spreads remaining constant regardless of market conditions. A fixed spread of 3 pips means that traders know exactly how much they will be paying in transaction costs when executing trades, which can help in managing trading expenses and forecasting potential profits or losses.

Furthermore, while the information about fixed spreads is available, the specific details about commissions charged by ALPHA FUTURES are not accessible due to the inaccessible website. Commissions are additional fees that may be charged by brokers for executing trades, managing accounts, or providing other services. Traders should seek clarification from ALPHA FUTURES or contact customer support to inquire about any potential commissions that may be applicable to their trading activities.

Trading Platform

ALPHA FUTURES offers the popular trading platform MetaTrader 4 (MT4) for its clients, providing a user-friendly interface and a wide range of tools and features to facilitate efficient and effective trading. MT4 is known for its robust functionality, offering traders the ability to execute trades, analyze market data, and manage their portfolio with ease. The platform also supports automated trading through the use of Expert Advisors (EAs), allowing traders to implement and customize automated trading strategies.

Moreover, MT4 provides access to a comprehensive range of technical analysis tools, indicators, and charting capabilities, enabling traders to conduct thorough market analysis and make well-informed trading decisions. Additionally, the platform offers real-time quotes, news updates, and risk management tools to help traders monitor market movements and mitigate potential risks.

MT4

Customer Service

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

Telephone: +855-(0)23883122

Email: cs@alphagoldfutures.com

Conclusion

In conclusion, ALPHA FUTURES offers traders access to the popular MT4 platform and a maximum leverage of 1:100, which can potentially enhance trading opportunities. However, the brokerage's lack of regulation, inaccessible websites, unclear trading conditions, and limited trust and transparency may raise concerns for potential clients.

Frequently Asked Questions (FAQs)

Question 1: Is ALPHA FUTURES 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 FUTURES?
Answer 2: You can contact via telephone: +855-(0)23883122 and email: cs@alphagoldfutures.com.
Question 3: What platform does ALPHA FUTURES offer?
Answer 3: It offers MT4.

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.

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