BrokersView has Reviewed that AlphaFX24 is an Unregulated Broker AlphaFX24 claims to be operated by Alpha Trade Financials Ltd, a Cyprus Investment Firm located in the Republic of Cyprus and licensed by the Cyprus Securities and Exchange Commission: License Number 216/13. But we don't find the correct information on CySEC matching to AlphaFX24. The truth is that AlphaFX24 is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.