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The WikiFX Score of this broker is reduced because of too many complaints!

Alpex Trading

Saint Vincent and the Grenadines | 2-5 years |
Regulated in United States | Financial Service | Suspicious Scope of Business | High potential risk

https://alpextrading.com

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Malaysia 4.23
Surpassed 41.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@alpextrading.com
https://alpextrading.com
Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:ALPEX TRADING

License No. 31000278206821

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2025-09-10
  • WikiFX has received a total of 10 user complaints against this broker, please be aware of the risks and do not be scammed!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Alpex Ventures Ltd
Abbreviation
Alpex Trading
Company employee
--
Customer Service Email Address
support@alpextrading.com
Company Website
Company address
Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.
Keywords 5
2-5 years
Regulated in United States
Financial Service
Suspicious Scope of Business
High potential risk

sjnkebz

Unverified

Hong Kong

I can't make a withdrawal and they're replying to my emails accusing my account of being associated with another one. They're furthermore asking me to pay an additional $2000 fee to make the withdrawal. They're trying to fool me like I'm a child. I advice everyone to stay away from this platform, don't be tempted by small gains.

Exposure

06-12

sjnkebz

Unverified

Hong Kong

This is clearly a scam platform. I deposited $500, but I cannot withdraw it. The platform doesn't even have customer service, and when I sent an email, the email address turned out to be non-existent.

Exposure

06-11

乐瑶

Unverified

Hong Kong

If you are a trader or a forex worker, please pay attention to my exposure. The promoter of this platform adds friends on various platforms, sends private messages, and then lures you with bonus offers, telling you that it's easy to get verified, all you need to do is upload your ID, offering 100% bonus, etc., trying to deceive you with these words. I added this promoter's friend, and then he kept telling me that the withdrawal is fast and will offer a 100% bonus. Then I tried to deposit $500. As a result, I didn't receive any bonus after my deposit, but the promoter kept dragging on and saying that he's processing and he's urged, etc., until he finally disappeared and didn't reply. Now, the 500 dollars in my account can never be withdrawn, and no application is successful. So we switched to another information, registered on the official website, and deposited 30 dollars, but this 30 dollars cannot be withdrawn either. So the existence of this platform is for fraud.

Exposure

06-05

无法出金

Unverified

Malaysia

My trading account is728915. On May 6, 2025, I deposited 1010 USD and made a profit of 1161.6. As of today, the 20th, I have sent many emails, but no one has replied. There is no customer service on the website.

Exposure

05-20

无法出金

Unverified

Malaysia

On May 6, 2025, I deposited 1010 principal and made a profit of 1161.6. The total amount is 2171.6, but I cannot withdraw the money . It has been 8 days . I sent an email but no one responded . I applied for a withdrawal and have been waiting for it , but it has not been credited to my account .

Exposure

05-13

FX4181942778

Unverified

Hong Kong

I've received the withdrawal approval in my email, but I haven't received the funds yet. It's been a week since the approval and the money still hasn't arrived. What's the situation? I wish the officials could step in and resolve this.

Exposure

05-06

FX1174079429

Unverified

Malaysia

This broker is really great, fast service, friendly, and the trading is also smooth!

Positive

04-27

烟火里的尘

Unverified

Hong Kong

Really, I can't get in touch with the account manager now, there's no customer service, and they won't allow any withdrawals. It's been stuck for over 10 days.

Exposure

04-09

FX3227391045

Unverified

Malaysia

submitted withdrawals and received in a day. so far all good

Positive

03-23

Jett Trader

Unverified

Malaysia

It has been five days since the withdrawal request was made and the funds have not been credited yet. The pip is very high and the system often freezes.

Exposure

2024-12-02

shamani

Unverified

Malaysia

cannot withdraw and locked acc, trade like beginner make all investors loss all the money and them IB can earn all the comission from this broker one group (money printer)

Exposure

2024-11-23

FX8130704312

Unverified

Malaysia

I invested $3000 in their copy trade, but I couldn't withdraw the money when I wanted to.

Exposure

2024-11-11

FX3678449821

Unverified

Malaysia

I chose to copy trade with the Money Printer, but I found that I couldn't withdraw funds at all! The trader keeps holding the trade! May I ask how to solve this problem? I really want to quit this copy trading! But I simply can't quit, and now my funds are constantly stuck. Whenever I try to withdraw, it keeps saying the order is floating! Please solve and pay attention to this issue! It's a big problem. Please don't keep the order floating all the time, let people have a chance to withdraw funds. Even if I choose to withdraw in time, from internal transfer to wallet, it goes from awaiting to floating trade again. How can people withdraw funds like this?

Exposure

2024-11-03

FX2742355029

Unverified

Malaysia

I invested $3000 in their copy trade, but I couldn't withdraw the money when I wanted to.

Exposure

2024-10-23

jaxson

Authenticated
Unverified

Malaysia

Copy trade with only a 0.01 lot size position can't be close by investors when it's losing 10% of the fund. Doesn't make sense, customer service told it's use for the margin which it's crazy, I got 500usd inside while the position had been hold for a month while loosing it 10%. I can't withdraw if there's floating position. can to close my own account too.

Exposure

2024-10-10

jaxson

Authenticated
Unverified

Malaysia

Copy trade with only a 0.01 lot size position can’t be close by investors when it’s losing 10% of the fund. Doesn’t make sense, customer service told it’s use for the margin which it’s crazy, I got 500usd inside while the position had been hold for a month while loosing it 10%. I can’t withdraw if there’s floating position. I can’t close my own account too.

Exposure

2024-10-08

95490

Unverified

Nigeria

Super easy to switch between stocks and crypto. It's chill knowing they're all above board with the regulations. And whenever I hit a snag, their support team is right there to help out. Pretty smooth experience overall!

Positive

2024-06-21

Larance Chris

Unverified

Australia

Inactive markets make me yawn! I come alive during volatility, scalping for quick wins. Plus, Alpex Trading lets me trade without stop-loss or take-profit limits.

Neutral

2024-05-08

18
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Website

alpextrading.com
153.92.9.57
Server Location
Indonesia
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Alpex Trading Review Summary
Founded2024-01-23
Registered Country/RegionSaint Vincent and the Grenadines
RegulationRegulated
Market InstrumentsStocks/Currencies/Commodities/Stocks indices/Cryptocurrencies
Demo Account
Leverage/
SpreadLow spread
Trading PlatformWebTrading(Web)
Min Deposit$25
Customer SupportEmail: support@alpextrading.com, technical@alpextrading.com

Alpex Trading Information

Alpex Trading is a newly established brokerin Saint Vincent and the Grenadines. Traders can experience investing in different asset portfolios through Alpex Trading, including, such as stocks, currencies, commodities, stock indices, and cryptocurrencies.Alpex Trading also offers demo accounts and WebTrading trading platforms with a minimum deposit of $25.

Alpex Trading Information

Pros and Cons

Pros Cons
RegulatedNegative comments: unable to withdraw
Demo account availableMT4/MT5 unavailable
No live account and fee information

Is Alpex Trading Legit?

Financial Crimes Enforcement Network(FinCEN) regulates Alpex Trading under License No.31000278206821 and the License Type Financial Service. Since the financial services provided by Alpex Trading are regulated by US regulators, traders will be safer in experiencing financial services here than with unregulated brokers.

Is Alpex Trading Legit?
Is Alpex Trading Legit?

What Can I Trade on Alpex Trading?

Alpex Trading offers 300+ market instruments, including stocks, currencies, commodities, stock indices, and cryptocurrencies.

Tradable Instruments Supported
Currencies
Commodities
Stocks
Stocks Indices
Cryptocurrencies
Forex
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on Alpex Trading?

Trading Platform

Traders can conduct financial activities in Web Trading available on the web through Alpex Trading, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
WebTradingWeb
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $25 or above. The withdrawal processing times are within 3 working days.

Keywords

  • 2-5 years
  • Regulated in United States
  • Financial Service
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Sanford
Within 1 year

Is Alpex Trading a good option for me to trade with?

WikiFX Reply
Alpex Trading does offer some appealing features, such as a low minimum deposit and a demo account to practice on. The fact that they are regulated by FinCEN adds some legitimacy to the broker, and the wide range of tradable instruments is certainly attractive for diversifying my portfolio. However, given the broker’s offshore base in Saint Vincent and the Grenadines and some user complaints about withdrawal issues, I would approach this broker with caution. I’m also not thrilled about the lack of MT4/MT5 support, as I find those platforms essential for advanced trading strategies. If I decide to trade with Alpex Trading, I would limit my exposure and carefully monitor my withdrawals. While the regulatory status is a positive factor, I would need to be cautious about the risks associated with offshore regulation and the platform’s limitations.
Broker Issues
Alpex Trading
Leverage
Instruments
Account
Platform
08-20
United States
RichN
Within 1 year

Can I use MT4 or MT5 with Alpex Trading?

WikiFX Reply
Unfortunately, Alpex Trading does not offer MT4 or MT5, which is a significant downside for me as I prefer these platforms due to their advanced charting tools, automated trading systems, and large user community. WebTrading might be fine for simpler trading, but as an experienced trader, I rely on the flexibility and functionality of MT4 and MT5. The absence of these platforms would make me reconsider Alpex Trading if I were looking for more robust trading tools. I would need to evaluate whether WebTrading offers enough features to meet my needs.
Broker Issues
Alpex Trading
Platform
Leverage
Account
Instruments
07-28
United States
Mohammed Mazhar
Within 1 year

Are there deposit fees with Alpex Trading?

WikiFX Reply
Alpex Trading does not charge any deposit fees, which is a feature I always look for in a broker. Not having to worry about extra charges when I fund my account is an advantage, as I can get started with my full investment. However, I would still want to check if any third-party fees apply, especially with certain payment methods like credit cards or e-wallets. In my experience, many brokers claim to have no deposit fees, but some payment processors still apply their own charges. I would want to make sure that I understand all potential costs before depositing.
Broker Issues
Alpex Trading
Fees and Spreads
07-16
United States
Tomas
Within 1 year

What account types does Alpex Trading offer?

WikiFX Reply
Alpex Trading offers a basic account with a $25 minimum deposit, which is great for newcomers like me who want to start trading with a small investment. However, I noticed that there’s no mention of more advanced account types such as VIP or ECN, which would offer tighter spreads or other benefits for more experienced traders. Since the broker doesn’t provide much information about these higher-tier accounts, I would want to contact Alpex Trading directly for more details before deciding which account to open.
Broker Issues
Alpex Trading
Platform
Leverage
Account
Instruments
07-13
United States
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