AlfaTrade is a generous Forex broker that offers more than 200 financial instruments for trading. It claims to have a global reach and operates in more than 150 countries. The broker provides a popular MT4 trading platform with a minimum deposit of $500. The entity also offers mirror trader facilities, especially for the professional traders.
Is AlfaTrade Registered?
AlfaTrade claims itself to be registered in St. Vincent and the Grenadines. It is owned by the infamous Nemesis Capital Limited. After thorough research, we came across that the entity was regulated by UK’s FCA, later licensed was suspended for practicing unethical activities.
Is It Safe To Invest With AlfaTrade?
As per available information, AlfaTrade has garnered a global reputation. It has lost its reputation with time due to a lack of clear information about the regulation. Hence, it better to avoid such a dubious entity for investment purposes.
What To Do If You Have Been Scammed By AlfaTrade?
AlfaTrade has received mixed reviews from the investor. Recently, the Italian financial authority CONSOB has issued a public warning against the entity. Sadly, if you have been deceived by AlfaTrade, contact us. We will make sure you get back your funds.
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