Global Broker Regulation Inquiry App
WikiFX
Ashraf Shahhat
1-2 years
Are there any cons to Alpha Markets？
Broker Issues
Regulation
05-20
United States
WikiFX
Reply
Alpha Markets has the following shortcomings: it is not subject to the constraints of financial regulatory bodies, the trading environment lacks regulation and oversight; the leverage rules are unclear and not publicly available, making it difficult for traders to accurately understand the risks of leverage; there is no 24/7 customer support, making it impossible to get assistance from customer service at any time; there is no clear bonus policy, which can lead to disputes.
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