The BaFin releases a warning about AlphaStocking On September 20 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company AlphaStocking (alphastocking.com), which is offering financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_20_AlphaStocking_en.html
AlphaStocking
VisitRisk Level - High
AlphaStocking
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that AlphaStocking is an unregulated broker According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company AlphaStocking (alphastocking.com), which is offering financial and investment services without the required authorization.Therefore, entrusting AlphaStocking with your funds is risky due to its unregulated status.
BrokersView has identified that AlphaStocking's website is currently offline BrokersView found that the domain "https://alphastocking.com/" is 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.
Does AlphaStocking have a license? Dear Investor,We are concerned that AlphaStocking is a scam.Lacks FCA Authorization: Although AlphaStocking claims to be registered in the UK, it has not obtained authorization from the Financial Conduct Authority (FCA) to solicit investors. This makes its services or products illegal.BaFin Warning: The Federal Financial Supervisory Authority (BaFin) has also issued a warning about AlphaStocking, highlighting its unauthorized financial activities.Therefore, we strongly advise against using AlphaStocking due to its unlicensed status. For a safer trading environment, we recommend opting for fully regulated brokers instead. View Source
WeConnectFX Support
Try asking
Welcome to WeConnectFX Support
I can help with account setup, profile changes, navigation, support contact, and general platform questions.