Verified: AlphaCapital operates through the website https://alphacap.io/.
The company's website is currently inactive, inaccessible, appears to be out of business, and detailed information about the company is not immediately available, so traders are advised to exercise extreme caution in case their funds are compromised due to scams.
AlphaCapital has been reviewed as an unregulated broker
based in Cyprus according to its website. Upon investigation, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC).
Additionally, the British Columbia Securities Commission (BCSC) issued a warning to AlphaCapital, urging British Columbia residents to exercise caution because the company is not registered in BC, cannot trade securities or derivatives, and does not advise on securities or derivatives.
In essence, AlphaCapital is not regulated by any governing body. Entrusting investors' funds to this broker is high-risk, as there are no legal protections to protect funds.
In conclusion, AlphaCapital is undoubtedly a scam and a fake broker.
And most non-compliant brokers do not disclose providing their direct and authentic contact information, such as phone numbers or company addresses.
Note: AlphaCapital is an unregulated broker, which means that clients' investments may not be adequately protected. The lack of regulation increases the risk of potential financial losses due to the lack of a regulatory body to hold companies accountable.
If investing with an unregulated broker, there's a good chance they'll run away with your hard-earned money without any recourse. Therefore, investors must be extremely cautious and remind everyone to stay away from these unregulated brokers as much as possible.
On December 10, 2024, the British Columbia Securities Commission (BCSC) issued a warning to AlphaCapital, urging British Columbia residents to exercise caution as the company is not registered in British Columbia and cannot trade securities or derivatives or advise on this: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/alphacapital
