The CNMV issued a warning against ByAlpha On 29 January 2024, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that ByAlpha was providing financial services or products without authorisation. You may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

BrokersView has Reviewed that ByAlpha is an Unregulated Broker ByAlpha claims to be operated by Compic Solutions LTD, which is registered in Saint Lucia, we searched the Financial Services Regulatory Authority (FSRA) but found no matching results.The Comisión Nacional del Mercado de Valores (CNMV) issued a warning that ByAlpha was providing finacial services or products without authorisation.The truth is that ByAlpha is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.ByAlpha is a scam.

Is ByAlpha regulated in Spain? ByAlpha is not regulated in Spain. This fact is underscored by a warning issued by the Comisión Nacional del Mercado de Valores (CNMV), Spain's financial regulator. The CNMV has explicitly stated that ByAlpha does not hold a license from them, and as such, is not authorized to offer financial services within their jurisdiction.Given this situation, ByAlpha poses significant risks for traders, including potential fraud and identity theft. To protect their interests, investors are strongly advised to avoid unlicensed platforms such as ByAlpha and instead opt for platforms that are fully regulated. This ensures a safer trading environment and reduces the risk of financial loss. View Source