The MFSA identifies AlphasCrypto as a clone On August 14, 2023, the Malta Financial Services Authority (MFSA) issued a warning against AlphasCrypto, stating this broker is a clone of an MFSA-licensed firm and is neither a Maltese registered company nor licensed or authorised by the MFSA to provide any financial services in/from Malta. https://www.mfsa.mt/news-item/mfsa-warning-alphascrypto-clone/

BrokersView has reviewed that AlphasCrypto is an unregulated broker BrokersView has cause to suspect that AlphasCrypto is an unregulated broker. It is an illegal trading platform, as evidenced by the warning issued by the Malta Financial Services Authority (MFSA).In this warning, the MFSA confirmed that AlphasCrypto is a clone of an MFSA-licensed firm and is neither a Maltese registered company nor licensed or authorised by the MFSA to provide any financial services in/from Malta.In essence, AlphasCrypto is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. AlphasCrypto is unequivocally a scam.

The Spanish CNMV adds AlphasCrypto to its warning list On September 18, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added AlphasCrypto to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

The UK FCA issued a Warning against Alphas Crypto On 11 March 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against Alphas Crypto, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/alphas-crypto.

FCA warns the public to avoid Alphas Crypto once again Alphas Crypto is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against Alphas Crypto, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/alphas-crypto

BrokersView has identified that AlphasCrypto's website is currently offline BrokersView found that the domain "https://www.alphascrypto.com/; https://alphascrypto.co/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Is AlphasCrypto a regulated platform? No, AlphasCrypto is not a regulated platform.The Malta Financial Services Authority (MFSA) has issued a warning against AlphasCrypto, pointing to its fraudulent nature. In this warning, the Maltese financial regulatory confirmed that AlphasCrypto is a clone of an MFSA-licensed firm and is neither a Maltese registered company nor licensed or authorised by the MFSA to provide any financial services in/from Malta. The full warning can be accessed here.Therefore, AlphasCrypto is a scam and BrokersView strongly suggests investors avoid the platform. Traders dealing with the broker are vulnerable to fraud and identity theft, as there are no rules in place to protect them. If any violation occurs, it could be financially and personally devastating. To safeguard investors' interests, a fully regulated broker may be a better alternative. View Source