AlphaBeta FX REGULATION AND SAFETY OF FUNDS
AlphaBeta FX is a Forex broker, providing traders access to the Global Forex market through the powerful platform. Since the company’s inception in 2009, AlphaBeta FX has been recognized worldwide as a safe and secure Forex broker, offering highly transparent access to Forex market.
The first entity was established in India in 2009. In 2011, it evolved into Real-time Forex (the precursor to Alpha Beta FX Ltd) and became Asia’s first online market maker for foreign exchange trading. Real-time Forex is still based in India and operates as the technology development entity. In the autumn of 2012, AlphaBeta FX obtained an extension to its license and introduced its Asset Management Service.
The first and most crucial step when looking for a broker to conduct your trading activities with should always be to learn about their certification (s). This will reveal whether AlphaBetaFX is regulated by a central body or is an offshore and/or unregulated firm.
You have limited to no protection order if your funds are compromised by a broker who is unregulated or regulated by an entity outside of your jurisdiction. Only if the broker is regulated by the authority in your area may you file a complaint in the event of theft. The following are some instances of regulatory agencies that issue brokerage licenses:
- The Cyprus Securities and Exchange Commission (CySEC)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
Almost all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the FCA
This firm is not authorized by the FCA and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong.
Be aware that some firms may give out other details or change their contact details over time to new email addresses, telephone numbers, or physical addresses.
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