Caution Investors Alphatrexoption – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Overview:
Alphatrexoption is a website that claims to offer online trading services for various assets, such as forex, stocks, commodities, and cryptocurrencies. However, there are many red flags that suggest that this website is not trustworthy and may be involved in fraudulent activities. In this blog post, we will review some of the evidence that indicates that Alphatrexoption is a scam and warn potential customers to avoid dealing with this unauthorised firm.
Regulation and Compliance:
One of the most important factors to consider when choosing an online trading platform is whether it is regulated by a reputable authority. Regulation ensures that the platform complies with the rules and standards of the industry and protects the interests and rights of the customers. However, Alphatrexoption does not provide any information about its regulatory status or license number on its website. This means that it is operating illegally and without any oversight or accountability. Furthermore, Alphatrexoption has been blacklisted by several regulators around the world, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Autorité des marchés financiers (AMF) in France. These regulators have warned the public that Alphatrexoption is not authorised to provide financial services in their jurisdictions and may be involved in insider dealing, market manipulation, misrepresentation of material information, and other scams.
Customer Reviews:
Another way to assess the credibility and reputation of an online trading platform is to look at the customer reviews and feedback. However, Alphatrexoption does not have any genuine customer reviews on its website or on any independent review sites. Instead, it only displays some fake testimonials that are written by paid actors or bots. These testimonials are full of praise and positive comments about the platform, but they do not provide any verifiable details or evidence of their trading experience or results. Moreover, these testimonials are identical to those found on other scam websites that use the same template and design as Alphatrexoption. This shows that Alphatrexoption is not a legitimate business but a clone of other fraudulent schemes.
Products and Services:
Alphatrexoption claims to offer a variety of products and services for online trading, such as a web-based platform, a mobile app, a demo account, educational resources, market analysis, signals, bonuses, and promotions. However, none of these features are actually available or functional on the website. The web-based platform is nothing but a simple interface that does not connect to any real market data or execution system. The mobile app is not compatible with any device or operating system and cannot be downloaded from any official app store. The demo account is rigged to show fake profits and losses to lure customers into depositing real money. The educational resources are outdated and plagiarised from other sources. The market analysis and signals are unreliable and misleading. The bonuses and promotions are conditional and subject to unrealistic terms and conditions that make it impossible for customers to withdraw their funds.
Location:
Alphatrexoption provides two different addresses on its website: one in Georgia, USA, and one in London, UK. However, both of these addresses are false and do not belong to Alphatrexoption. The address in Georgia is a residential property that has nothing to do with the website. The address in London is a virtual office that is used by many other scam websites as well. Alphatrexoption does not have any physical presence or registration in either of these countries or anywhere else in the world. It is unclear where Alphatrexoption is actually based or who owns or operates it.
Customer Service:
Alphatrexoption claims to have a professional and responsive customer service team that can be contacted via phone, email, or live chat. However, none of these communication channels work properly or effectively. The phone number provided on the website is either disconnected or busy all the time. The email address does not reply to any queries or complaints. The live chat feature is offline or unavailable most of the time. Even if customers manage to get in touch with someone from Alphatrexoption, they will only receive vague answers or excuses or be pressured to deposit more money or pay fees.
Conclusion:
Based on our review, we conclude that Alphatrexoption is a scam website that should be avoided by anyone who values their money and security. Alphatrexoption is not regulated by any authority, has been blacklisted by several regulators, does not have any genuine customer reviews, does not offer any real products or services, provides false contact details, and has poor customer service. There is no doubt that Alphatrexoption is involved in insider dealing, market manipulation, misrepresentation of material information, and other fraudulent activities that will result in customers losing their money and personal information.
