Grahamalpha

Grahamalpha is a broker registered in Bulgaria, established on 11 December 2019. The firm operates through the website grahamalpha.com. According to official records, Grahamalpha does not hold any regulatory licences from recognized financial authorities.

Limited public information is available about the broker's operations, as no independent user reviews or detailed third-party analyses have been published. This absence of verified data makes it difficult to assess the broker's track record or service quality.

Grahamalpha is not regulated by any known financial supervisory body. The Bulgarian registration does not imply oversight by the Bulgarian Financial Supervision Commission (FSC) or any equivalent authority for forex brokerage activities.

Traders should exercise extreme caution when dealing with unregulated entities, as they lack the investor protections afforded by regulated brokers, such as segregation of client funds, negative balance protection, and access to dispute resolution schemes.

The broker offers three account tiers: Gold, Silver, and Bronze. The Gold account provides a maximum leverage of 400:1, while the Bronze account offers up to 200:1. Leverage for the Silver account is not specified in available records.

Minimum deposit requirements and the range of tradable instruments remain undisclosed. Without this information, traders cannot evaluate the account conditions or compare them with other brokers.

FXCanary's Scam Risk Score for Grahamalpha is 75 out of 100, indicating a severe risk level. This score reflects the broker's lack of regulation, limited transparency, and the absence of independent feedback.

Potential clients should be aware that trading with unregulated brokers carries heightened risks, including potential difficulties in withdrawing funds, lack of recourse in case of disputes, and possible fraudulent behaviour.