Alphatrade Pro Review

About Alphatrade Pro

Alphatrade Pro is listed by the UK Financial Conduct Authority (FCA) as an unauthorised firm. The FCA warning, first published on 26 January 2024, identifies the website alphatradeproltd.com and states that the firm may be providing or promoting financial services without FCA permission and may be targeting people in the UK. The FCA lists addresses in Reading, London, and Virginia, United States, and states that customers dealing with the firm would not have access to the Financial Ombudsman Service or Financial Services Compensation Scheme.

The Spanish Comisión Nacional del Mercado de Valores (CNMV) issued a public warning dated 9 June 2025 stating that ALPHATRADE PRO and alphatradeproltd.com are not authorised to provide regulated investment services or activities in Spain, including foreign-exchange transactions, or services reserved for crypto-asset service providers under Regulation (EU) 2023/1114. The broker’s listed website displays an account-suspended notice.

Pros and cons

Pros

• No verified regulatory or operational advantages are established by the cited primary sources.

Cons

• Listed as an unauthorised firm by the FCA.
• Listed by the CNMV as unauthorised to provide regulated investment, foreign-exchange, and specified crypto-asset services in Spain.
• The website alphatradeproltd.com displays an account-suspended notice.
• The FCA states that dealings with the firm would not be covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme.