Alpha Bank is an unregulated broker that has been operating in the European financial market for some years now. In this Alpha Bank review, we will provide detailed information on this broker, along with providing information on whether it is a clone of an FCA-authorised firm and whether the Financial Conduct Authority (FCA) has issued any warnings against it. We hope you find this article to be helpful and informative!

Website – https://al-phabank.com

Address – 66 Cannon Street, London, EC4N 6AE

Warning – Financial Conduct Authority (United Kingdom)

 

Alpha Bank – An Unregulated Broker

Alpha Bank is an unregulated broker that provides traders with a wide range of features and services. This includes tight spreads, fast execution times, low commissions, and more. Traders can access the MetaTrader4 platform and a selection of financial instruments including currency pairs, metals, commodities, indices, and cryptocurrencies. Alpha Bank also offers a variety of trading accounts to choose from and leverage ratios up to 1:500. Despite the benefits offered by Alpha Bank, there are certain risks associated with dealing with an unregulated broker such as no guarantees for investor protection or guarantee of fund security. It is, therefore, important to thoroughly research the broker before deciding to open an account with them.

Alpha Bank – Clone Of Fca Authorised Firm

Alpha Bank is engaging in illegal and unethical behavior by attempting to scam investors by creating a duplicate of an FCA-authorized firm. This duplicated entity is not regulated and leaves investors exposed to financial risks including fraud, loss of money, and other issues that can arise from dealing with unregulated entities. Alpha Bank’s actions are criminal and should be reported to the appropriate authorities immediately to protect innocent people from becoming victims of their schemes.

Alpha Bank Warned By FCA

Alpha Bank Ltd recently received a warning from the Financial Conduct Authority (FCA) for cloning and using the name of the FCA-authorized firm. They were also found to be deficient in consumer protection measures, leading to an enforcement action against them. This news is concerning for those with accounts at Alpha Bank and customers should pay close attention to this review of the bank’s practices to ensure that they are adequately protected from any potential risks associated with banking activities.

Are you a victim of the Alpha Bank scam broker? Get help

If you have been taken advantage of by a fraudulent broker such as Alpha Bank, you may feel powerless. However, some steps can be taken to report the fraud and seek assistance in recovering your lost funds. 

Firstly, it is advisable to file a complaint against Alpha Bank. This can help draw attention to the issue and potentially protect others from becoming victims. Additionally, we can help to navigate this complex process and reclaim your money. It is important to stay aware of malicious activities and do research into brokers before investing with them in the future; look out for reviews and ratings from other investors and steer clear of any brokers that make unrealistic returns or sound too good to be true. 

Lastly, it is important to remember that you are not alone; with the right guidance, you can take back control of your finances and guard yourself against further scams.

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