The British Columbia BCSC Added AlfaBTC into Its Warnings On 12 Dec 2022, the British Columbia Securities Commission (BCSC) issued a warning that AlfaBTC was not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/alfabtc

BrokersView has Reviewed that AlfaBTC is an Unregulated Forex Broker AlfaBTC claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA.Moreover, the British Columbia Securities Commission (BCSC) issued a warning that AlfaBTC was not registered to trade in, or advise on, securities or derivatives in BC. On Mar 16, 2023, Finansinspektionen (FI), the Swedish Financial Supervisory Authority, issued a warning, revealing that AlfaBTC is not authorized to offer financial services.The truth is that AlfaBTC is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

The Swedish regulator FI added AlfaBTC to warning list Finansinspektionen (FI), the Swedish Financial Supervisory Authority, issued a warning on Mar 16, 2023, revealing that AlfaBTC is not authorized to offer financial services: https://www.fi.se/en/varningslistan/2023/mars/alfabtc--alfa-crypx/