BrokersView has found that Alpex Trading appears to be a scam Alpex Trading claims to be operated by Alpex Ventures Ltd, registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) and holding an MSB registration in the U.S. While these registrations are confirmed, neither grants authority to conduct or regulate forex trading — the former only confers International Business Company (IBC) status, and the latter does not cover financial services oversight. Additionally, Alpex Trading holds no valid license from any major financial regulatory body, which may expose investors to potential risks. Therefore, we suspect Alpex Trading may be a scam.

The Malaysian SC has issued a warning against Alpex Trading On Dec 30, 2025, the Securities Commission Malaysia (SC) issued a warning regarding Alpex Trading, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.sc.com.my/investor-alert-list

Do you know if Alpex Trading is a real broker or just a scam? Dear Investor, Alpex Trading claims to be operated by Alpex Ventures Ltd, which is registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). Upon investigation, we found a matching name on the SVG FSA's registry list. However, it is worth noting that this registration only grants Alpex Ventures Ltd International Business Company (IBC) status, which is not a valid financial licence. The SVG FSA has publicly stated that it neither regulates nor licences forex trading activities. Alpex Trading also claims to be licensed under the Money Services Business (MSB) in the United States. While it is true that Alpex Trading is registered with the MSB, it is important to note that the MSB does not regulate forex trading activities. Therefore, this registration does not provide full protection for your investments in forex trading. Furthermore, Alpex Trading possesses no valid licence from any other major regulatory authorities. This poses potential risks to its investors. Therefore, we recommend exercising caution when trading with this broker in order to protect your capital. View Source