Alpex Trading Review
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Fast Facts
Contact Info and Support
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About Alpex Trading
Alpex Trading is identified in its client agreement as the brand of Alpex Ventures Ltd, an International Business Corporation registered in St. Vincent and the Grenadines under number 27117. The agreement names alpextrading.com as its website and states that the company provides OTC contracts including CFDs, spot or forward contracts for commodities, metals, currencies, financial instruments and derivatives. The company’s webpage lists forex, stocks, indices, commodities, cryptocurrency, energy and metals among its markets, with Standard, Advanced and Pro account categories.
The listed trading access consists of web trading and mobile applications for iOS and Android. The client agreement permits account balances in USD or another currency offered by Alpex Trading and defines overnight financing adjustments as rollover swaps. It states that commissions and other charges are set out in commercial terms, may be amended, and may include spreads, mark-ups and remuneration shared with affiliates, liquidity providers, referral partners or fund managers. The agreement also describes copy-trading and managed-account arrangements.
The company webpage states that Alpex Ltd has Money Services Business registration number 31000477928310 and that Alpex Ventures Ltd has Money Services Business registration number 31000278206821. These are the registration details presented by the company; the same webpage describes the service as operating under FinCEN MSB registration. The client agreement states that leverage may be changed at any time and on a case-by-case basis without notice, and that losses may exceed the initial margin. On July 11, 2025, the Securities Commission Malaysia added “Alpex Trading” to its Investor Alert List of unauthorised entities. The regulator’s notice does not describe Alpex Trading as a clone of an authorised firm.
Pros and cons
Pros
- Access to multiple stated market categories, including forex, stocks, indices, commodities, cryptocurrency, energy and metals.
- Web and mobile trading access are listed by the company.
- The client agreement provides for USD accounts and other base currencies offered by Alpex Trading.
Cons
- The Securities Commission Malaysia listed Alpex Trading as an unauthorised entity on July 11, 2025.
- The company’s stated FinCEN MSB registrations are presented as registration details, while the client agreement identifies Alpex Ventures Ltd as an offshore company registered in St. Vincent and the Grenadines.
- The agreement does not state a fixed maximum leverage; instead, it allows leverage to be changed without notice and warns that losses may exceed the deposited margin.
- Specific spreads, commissions, minimum deposits and swap-free account conditions are not stated in the cited company materials.
- The agreement describes OTC trading, rollover swaps, variable charges and possible mark-ups or commissions involving affiliates and third parties.
