The British company offers traders “a robust trading network that promotes financial independence and individual wealth”. In addition, it promises to provide sufficient liquidity through reliable providers. Despite claiming to be headquartered in London, the firm makes no mention of being regulated by the FCA.

Should you trust your investments to this intermediary? You will find out in our Alphatrends review, where we will determine whether this broker is a reliable company.

How to Trade

The platform supports ETFs and CFDs. Registered users can access thousands of stock, index, currency and commodity markets. The brokerage firm promises traders:

  • Volumes from 0.01 lots.
  • Hedging and scalping.
  • Instant execution.
  • Profit up to 35% from referrals.
  • Accrual of up to 3% per annum on the account amount.

The firm boasts “transparent pricing and tight spreads” without disclosing fees. Withdrawing money through a bank usually takes 4 business days, and to a cryptocurrency wallet – 30 minutes.

The intermediary emphasizes reliable liquidity providers but does not name the brands of these partners.

Additionally, the company offers transactions with securities that are not available for trading on the market. Technical support works via a feedback form.

Alphatrends Vital Info

The owners of the organization do not disclose information about themselves and the lifetime of the platform. Since the copyright start date in the footer of the site is 2020, we can accept this information as the start date of the project. However, it contradicts the actual date of domain registration – July 2024, which confirms the company’s recent start.

The brokerage resource operates within the legal framework of the UK and “seeks to acquire the regulated status of the EEA and Australia”, as the hero of our review states. However, we did not find the Alphatrends brand in the UK corporate registers or the Financial Conduct Authority (FCA). This means that the platform does not have permission to operate financially from UK regulators, and the stated headquarters address in London is fictitious.

FAQ

What are the key facts about Alphatrends?

The brokerage firm does not confirm a start date. It is noteworthy that it also does not provide any registration documents confirming its legitimacy. In addition, this organization is not listed as a UK legal entity, is not registered with the UK FCA, and does not have a listed address in London.

What's the risk to my wallet when working with this broker?

Our review contains many red flags: a fake office address, no legal entity registration, and no brokerage license. In addition, leverage of 1:200 significantly increases the risk of losing clients' funds when trading CFDs, which is why it is limited to 1:30 in the UK. Finally, you will not be able to get your money back through the chargeback process for cryptocurrency transactions.

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