Alpe Market Review

About Alpe Market

Alpe Market (also referred to as AlpeMarket or Alpe Inversiones) operates from Spyrou Kyprianou Ave 13, Limassol, Cyprus, and claims to offer forex, commodities, indices, crypto, and CFD trading with leverage reportedly up to 1:100 or higher (). The broker is not authorised or regulated by any recognized financial authority. Investigations across regulatory registries—including those of FCA (UK), CySEC (Cyprus), FSC (Belize), and FSC (Mauritius)—have not yielded any valid licensing ().

The UK Financial Conduct Authority issued a warning on April 4, 2023, stating that Alpe Market / Alpe Inversiones may be providing financial services in the UK without authorization and advising against dealing with it (). Multiple sources categorize it unequivocally as a scam or unregulated broker, noting extremely low spreads (as low as 0.1 pips on major currency pairs), high leverage, lack of segregated accounts, absence of negative balance protection, and reliance on anonymous cryptocurrency deposits ().

Pros and cons

Cons

• Not regulated by any recognized authority; unauthorized firm according to the FCA ().
• Claims of regulation by FCA, CySEC, Belize FSC, and Mauritius FSC are false, with no records supporting these claims ().
• High leverage (up to 1:100+) inconsistent with regulatory standards in many jurisdictions ().
• Very low spreads potentially indicative of manipulated trading conditions ().
• No client fund protections: no segregated accounts, no negative balance protection, no compensation schemes ().
• Reports of withdrawal issues and anonymity of crypto deposits raise red flags ().
• Multiple sources classify the broker as operating a scam, with websites now inaccessible or blocked ().