Monday, December 23, 2024

Investor Warning – AlphaFX broker scam and a fake review

Spread financial intelligence

The final “C” in AlphaFXC is probably meant to indicate that the broker specializes in forex and crypto. However, the real strength of AlphaFXC (www.alphafxc.com) lies in ripping off consumers and small investors. This broker is a scam as the UK Financial Conduct Authority (FCA) has stated this in a recent investor warning. The scam is allegedly operated by Elixir Marketing Technologies Ltd, registered in the Commonwealth of Dominica. We have identified Perfect Money and SecurePaymentGateway as the facilitating payment processors.

The scam-facilitating payment processor SecurePaymentGateway (https://securepaymentgateway.io) handles credit and debit card payments for AlphaFXC. We are not yet familiar with this payment processor, and on the website, you search in vain for references to the operators. If you have any information about SecurePaymentGateway, we would appreciate it.

Perfect Money (www.perfectmoney.is) is also integrated into the scam as a payment processor. Bank transfers are also available to potential victims upon request.

On June 2, 2021, Learn Market Online (www.learnmarketonline.com) published a review that actually praises the AlphaFXC scam, awarding it 9.6 out of 10 points. Ricardo Martinez, who wrote this article, must have either totally missed the point or received money for his bullshit reviews. Stay far away from the scam.