AlphaBeta FX Ltd

2/5
Not Regulated, Offshore
contact@alphabetafx.com

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.

AlphaBetaFX Complaints

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.

  • Unregulated exchange

  • Withdrawal issues

  • Bad support

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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Scammed by this company?

Claim your money back from scams and fraudulent schemes. 

Are you a victim?

We know how frustrating it can be to not be able to withdraw your funds or to find that your account has been suspended or even deleted. And we know how it feels when you see your funds missing from your account.

If this sounds like something that’s happened to you, we can help. We can’t fix what’s already happened, but we can help you recover what was stolen from you and maybe even make sure that it doesn’t happen again.

How to protect yourself

You’ll have a better chance of receiving compensation if you deal with an authorized or registered financial firm. Check the Financial Services (FS) Register to ensure they are authorized or registered by FCA. It has information on firms and individuals that are, or have been regulated by this authority.

If you invested money with a reputable company, your access to the Financial Ombudsman Service and FSCS protection will depend on what kind of investment you made, what type of service was provided in connection with it (and whether this required prior authorization from regulators), and if the firm had been granted permission by financial authorities.

If you would like further information about protection, the authorized or registered firm should be able to help.

There are more steps you should take to protect yourself from scams.

Report an unauthorized firm

If you think an unauthorized firm has approached you, contact our Customer support on telegram . If a scam firm has approached you and taken your money, do not panic! You can get most of it back from scammers. Visit our contact us page or send an email to info@chargebackpros.org