BrokersView has found that Alpin Markets appears to be a scam Alpin Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, Alpin Markets appears to be a scam.

What regulation does Alpin Markets have? Dear Investor, Alpin Markets appears to be an unreliable trading platform. The broker claims to be a trade name of Alpin Capital Financial Services L.L.C., which is licensed and regulated by the UAE Capital Market Authority (CMA). Upon searching, we confirmed that this entity is indeed listed as a licensed entity in the UAE CMA system. However, the domain name registered with the regulator is alpincapital.ae, and we found no evidence linking this domain to the website you provided. We suspect that the Alpin Markets platform may have cloned the regulatory information of a compliant entity. Therefore, until this regulatory affiliation is fully verified, we strongly advise you to avoid trading with this broker to prevent potential fraud. View Source