AlphaFXC Review: An In-Depth Analysis of Features and Services
AlphaFXC Review: An In-Depth Analysis of Features and Services

Once we came across the AlphaFXC broker, we were amazed by the cryptocurrency offer. Therefore, we’ve decided to check who this broker is, and you can trust it with your money.

Read our AlphaFXC review and find out everything about the brokerage.

Broker status: Offshore Broker
Regulated by: No regulation
Scammers Websites: https://www.alphafxc.com/
Owned by: Elixir Marketing Technologies Ltd
Headquarters Country: Commonwealth of Dominica
Foundation year: 2020
Supported Platforms: Web trader
Minimum Deposit: N/A
Cryptocurrencies: Yes – BTC, ETH, DASH.. over 250 available
Types of Assets: FX, shares, cryptocurrencies
Maximum Leverage: 1:100 for FX market
Free Demo Account: No
Accepts US clients: No

AlphaFXC Regulation and Security

The broker is owned by Elixir Marketing Technologies Ltd and is based in the Commonwealth of Dominica. The company gives us an IBC number, and it can look like a regulation. However, IBC stands for International Business Corporation. This number means that the company has been registered in the Commonwealth of Dominica but not regulated. After careful examination, we were not able to find the regulation of AlphaFXC broker anywhere.

Therefore, the company is not legit and not trustworthy. Be aware of this fact if you wish to have an account with the brokerage.

AlphaFXC Withdrawal Issues

Many clients have reported withdrawal issues and filed a complaint against AlphaFXC.com broker. Based on this, we’ve reviewed the offer of the broker and the terms of trading.

The platform this broker provides is a web trader. Not secure and not highly trustworthy. Most regulated brokers would offer you MT4 or MT5. What we couldn’t quite understand, the broker presents itself as a wallet and claims that by opening an account with them, you will get funds transferred to a wallet. Most likely, you’ll be depositing using an associated crypto exchange, but an online broker can provide only a trading account, not a crypto wallet. Do not be fooled.

The minimum deposit has not been transparently listed. You can see that the Basic account deposits go up to $2,499, but there is no minimum. The deposit can be made only using a debit/credit card, assumingly because it’s made via crypto exchange. Also, the company is charging a commission of 5% from your profit on the Basic account.

The leverage goes up to 1:100 for the Forex market, Yet, since the broker is “a wallet” and its main focus is on crypto trading, it would be logical to provide information about crypto leverage.

Besides cryptocurrencies, there are stocks and currency pairs offered by AlphaFXC. Since there is no Demo account, we cannot verify the number of the assets or the spread offered.

And this is how, yet again, we stayed disappointed by an offshore broker.

AlphaFXC Reviews

Scammed by AlphaFXC?

If you were scammed by AlphaFXC, there is a possibility of getting your funds back. You are not the only victim of the AlphaFXC scam, unfortunately. All you need to do is file a dispute and ask for your money back through a chargeback.

But what is a chargeback? It’s a way of refunding your card in case you were a victim of an online scam. Contact our support via chat and book your free consultations!

What is AlphaFXC?

AlphaFXC is an online trading brokerage with no regulation.

Is AlphaFXC a scam?

AlphaFXC has no regulation for providing financial services.

Is AlphaFXC regulated?

No, AlphaFXC has no regulation for providing financial services.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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