About ALPHA MARKETS
Overview
ALPHA MARKETS (alphamkts.com) is a retail forex and CFD broker registered in the United States as an investment firm. According to our records, the company was founded on December 13, 2023, and is headquartered at 191 Peachtree St, Atlanta, GA 30303. The broker targets both individual and professional traders with a tiered account structure and access to multiple asset classes. However, the broker's regulatory status is unclear and warrants caution.
Regulation and Licensing
Our research indicates that ALPHA MARKETS does not hold any known regulatory licenses from major authorities. The broker's website, however, claims regulation by the Cyprus Securities and Exchange Commission (CySEC) and compliance with MiFID II. This discrepancy is significant; traders should independently verify any regulatory claims before depositing funds. The absence of a verifiable license in our records raises a red flag.
Account Types and Leverage
The broker offers six account tiers: BASIC (€250 minimum, 1:30 leverage), TRADER (€250, 1:1), SILVER (€2,500, 1:30), GOLD (€5,000, 1:30), PREMIUM (€50,000, 1:30), and BRONZE (€1,000, 1:30). All accounts except the TRADER account carry a maximum leverage of 1:30, which is standard for regulated European brokers but relatively low for the industry. The high minimum deposit for the PREMIUM account suggests a focus on high-net-worth clients.
Trading Platforms and Instruments
According to the broker's website, clients can trade using MetaTrader 4 (MT4) or the proprietary AlphaMarkets Trader platform. The broker claims to offer over 1,000 tradable instruments, including forex, stock CFDs, and portfolio management services. Specific instrument counts or spreads are not independently verified.
Fees and Costs
The broker states that trading costs consist of commissions, spreads, and swap rates. It claims 'tight spreads' starting from 3 pips on forex pairs. Commission structures are not detailed on the site. As with all unverified entities, traders should expect potential hidden fees and carefully review the fine print.
Deposit and Withdrawal
AlphaMarkets says it supports deposits and withdrawals via bank transfer and Visa/MasterCard, processed through European licensed payment processors. The broker emphasizes PCI compliance and security. However, the lack of independent user reviews or third-party verification of these payment methods is a concern.
Overview compiled by FXCanary from regulatory records and public data. full ALPHA MARKETS review