AlphaTradingCM.com Review

2.045 • 13 REVIEWS
Out of business Alpha Trading Capital Markets
Updated: Apr 13, 2022
Alpha Trading is a forex broker. Alpha Trading offers the MetaTrader 4 and MT Mobile forex trading top platforms. AlphaTradingCM.com offers over 20 currency pairs, gold, and silver for your personal investment and trading options.

September 2014:  There are 2 FPA Traders Court Guilty verdicts against this company.

The FPA recommends an extreme level of caution dealing with AlphaTradingCM unless these issues are resolved.

Wesite is down. Company seems to be out of business.

AlphaTradingCM.com
Out of business
2.045 • 13 REVIEWS

Recent User Reviews of AlphaTradingCM.com

R
Roofus18
Queensland, Australia,
Feb 14, 2019,
Registered user

Stay away i havent even given them any money but still hound you 20 calls a day

They call you 20 times a day and wont give up .. You cant block there number because they just call from different numbers all the time ... Nothing makes them go away even telling them to f*** off they just still call its like your phones got a virus
J
John Bha
Shillong, India,
Nov 14, 2015,
Guest

Well, i used to traded with this company last year and i lost all my my money due big spike during my trade. I mainly trade with this company because the guy whom i trusted introduce me to the company. Yes definitely, this company is a a big time scammer. And now their site is down when i try to explain the situation of the trade as i know the trade i executed was in good position and i was trading trading with other broker side by side. So ultimately, i got the info about this company that their so called CEO Fred is now running another company in the name of Alpha Info System LLC ( www.alphainfosystem.com ) register in US and UK, email: Info@alphainfosystem.com and the rest , check their website for details. So i think for those who are cheated badly, you guys deserve to know where about this company landed and now officially this site ll provide you a better chance to sue them in the court or get your money back.
All the best.
A
Anonymous
London, United Kingdom,
Feb 10, 2015,
Guest

Hi All,

ACM are the worst brokers on the planet, use to work there and they rob you blind. stay away from them and go to any other broker.

advise others they will take all your money and not help you.

low spreads for the 1st 2 3 trades then they change the spread.... i know Internal stuff!!!!

KEEP WEL CLEAR.
R
Rui Oliveira
Lisbon, Portugal,
Nov 27, 2014,
Guest

AlphaTradingCM is just another SCAM. I am Money Manager and last year I was contact by LinkedIN by this guy: www.linkedin.com/pub/fred-velez/61/b08/239
He claimed to be the CEO of a new Broker. With the promisses of a Low spreads, no Swaps and no Off Quotes, he made me make a try on that company.
After a while, I start to see the platform starting to fail. It simply didn't respond to TP, SL, opening or closing orders.
At first was always to blame on the company providing the platform.
Then, they simply stoped replying to emails, Skype, etc.
If they are not already dead, they will be.
The supposed Fred Velez even changed his Job on Linked IN.
So, do not put 1$ on that company, You won't see it back.
A
Albert Fasoto
Lagos, Nigeria,
May 14, 2014,
Guest

My name is Albert and i traded with Alpha for many months...I knew Fred Velez personally and Dana O'Keefee...I actually made some profits at Alpha during the first few periods trading with them...Fred Noticed my profitability and made me a Fund manager for their brokerage...I had my own special page in their website...see http://www.alphatradingcm.com/tradehouse-global-fx/ to see my special investor page!

Before i tell you the truth about Alpha and the shocking revelation,please note that Alpha is actually one of the few brokers that DO NOT HAVE SLIPPAGES in ALL market conditions (normal or volatile news release period)..because of this fact many traders especially news trader feels they have discovered the best broker of their dream....HOW WRONG THEY ARE!!!

I am a professional trader and i also came to alpha mainly cos of NO-SLIPPAGE advantage..i made money at first and i got paid profits...sounds good right!! yes..it does!!!

BUT i want to reveal the truths about AlphatradingCM..

First of all,Alpha is a Market Maker broker..NOT STP lor ECN as they claimed and lied!!!!!!!! they will tell you the have many liquidity providers which allow they give low spreads and stuffs..its pure lie....Alpha has full control over the prices they quote in their MT4 platform..they give people no-slippage advantage but take somethings far worse from you!!!

***Manipulation of trades-this doesnt start at first,but the moment they discover you are a profitable trader,they flag your account and crazy things starts happening with your trades..they close your trades when you did not ask them..they open trades for you at times behind your back

**Spreads at Alpha can get over-widened beyond imagination..i have seen spreads widened to 1,250+points (125 real pips)...during a news release period..I have never seen such a widening of spreads with any other broker in the world...I recorded this on video and have live proofs to back my claims.

**Fake Spike- This is AlphatradingCM greatest and favorite weapon against people...It happens once in a while during news release times.
but mind you,it does happen during normal market periods too once in a while...Fake spikes are created on Alpha mt4 chart and it do not exist on ANY other brokers of the world...for example,if US retailsales event is released and it caused a normal 40pips spike UPWARD in ALL brokers' USDJPY,at Alpha,you you may see the 40pips UPWARD spike truly,but immediately followed by a fake spikes of 120pips DOWNWARD in a wrong direction and the it will quickly reverse back in split second...THUS hunting stoplosses,if you do not use stoploss to trade,your account could be cleared in a flash!

Believe it or not,i have seen a fake spike of 80,000points (8,000pips) on USDJPY..I you wana confirm this,simply login to Alpha mt4 and select USDJPY monthly or weekly timeframe..the effect of the Fake spike still exits on the screen!!! happened in split seconds and took out many people account! I always ask Fred Velez (CEO of Alphatradingcm) about this things..but he ALWAYS blame it on "banks"...he would never admit they are behind the manipulations..


Withdrawal is another issue with them..Alpha many a times holds your fund and declines withdrawals especially when you are making profits..they are the only broker i have worked with that would tell their clients when they would pay them..for example,i remember when people requested withdrawals from alpha...Alpha had to tell us we cannot get paid any money until after 3weeks from date of our request,when we asked why,Fred said "they do not have money presently"..said he had committed all their funds to building new offices!!! you can imagine that! and when the 3weeks lapses,it would still take longer to get paid!...you would have to beg and keep begging to withdraw your own money!!!! ironic!!!

And they WILL NEVER allow you withdraw all your money from account,if you try to withdraw all your funds,forget it..you would become their enemy and they would make your life more miserable!!!,best is that they would allow you withdraw half of your balance!!!

i went through hell before i got my money back from them..after i had threaten to expose the truths about them,they finally gave me my money!!!of course i waited like 1month to get my money sent!...but i am still exposing them all the same cos i can't bear their scam and tactics..

one tactic they use is that,anyone who deposit small amount say $100-$500..they would treat you right and make sure you enjoy their services..esp when you are a profitable trader...that would convince you they are good and would make you fund your account with bigger amounts e.g $1000-$5000..once you fund big money..ALL they tricks start and you are in trouble!!!!

I recorded videos of some trades with them and took many snapshot of my screen..so i do have proofs to back my claim..

One word of advise...if you hear the word ALPHATRADINGCM......Run for your LIFE!!!!!!

they are 700% scam..Beware!!!!!!

i left a 1star cos i got my money back..i would had been glad if i could give negative star
W
woge
Mumbai, India,
May 9, 2014,
Guest

I like alphatradingcm.com because employees are very good they give emple time to thier clients even with a small amount. i never face re-qoute slippage in their mt4 great broker.
D
david oluwaseun korede
lagos, Nigeria,
May 7, 2014,
Guest

i have been trading with this broker over a year now and there services has been remarkable, trading, customer service, deposit and withdrawal, they have interbank spreads very low, fast execution. they are committed to there clients and giving quality service,am a money manager and i manage funds for alot of people and alphatradingcm, as been helpful all the way,thanks a lot for all the wonderful experience, thumbs up .
A
Askar
Almaty, Kazakhstan,
May 7, 2014,
Guest

Hello again.
I cannot watch people being robbed by this company and that is why I am giving you the update on my case.
So here are the recent developments of my case.
The money is not returned. Not a single account statement was produced by a broker even after I claimed one stating that they are required to provide a statement by law. They simply didn’t reply to my official request. Recently they disabled my account. And another important thing – they are currently not regulated.
Speaking of client support mentioned by other 5 star reviewers, after I wrote a letter to the CEO Fred Velez asking to return my funds and said that if they hadn’t do so I would proceed with tougher legal measures against them here is what he replied to me. I quote.
My message to Alpha Trading CM:
“Fred, this is a final call for you.
Enough of your bull****. First you asked 24 hours, then you said till the end of January, then you said wait a little more. Well you know what, that is it. It is 1 March already.
I don't trust your promises, but I decided to give you one last chance. I am writing this email for one reason only. Because you said that you will personally return me my funds in your last email.
Don't even think about telling me to hang in there. You have time to return my funds by the end of Monday, 3 March 2014 US time.
If I don't see a refund on my account by that time, I will proceed with tougher legal measures against you and your company.
Askar”
Reply from Fred Velez:
“Askar, The **** you mean, enough of my bull****? Im the only guy on your side! The ****?
Listen, its not easy to get these funds back to you. You lost them. Thats pretty much the end of that at any other broker. Period.
Dont ****ing threaten me. My firm didn't do anything wrong. Ive reviewed the trades. There is nothing I saw in the history that would indicate anything but a couple of bad trades.
It was unfortunate. And I could have left it at that. Maybe you were drunk, maybe you were high, I have no idea...but you claimed you didn't make these trades.
I decided to believe you and am working to get funds back to you...out of my own personal funds....and you send me this email.
Ok, you're pissed off. But alienating me isn't going to get you your funds faster.
Hang the **** in there!
Im going to get your money, even if you're an ***hole or not. You're a ****ing jerk, and not likable at all. Yet here I am on a Friday night replying back to you.
You don't have to like me either, but I am on your side. Make sure you play this right.
Regards,
Fred Velez
P-617.701.3458
Skype: FredVelezFCV
http://www.alphatradingcm.com/”
That’s how they treat people there. And let me remind you that this last letter was as of 1 March 2014. Now is 7 May 2014 and still nothing. So if you still hesitate, don’t be. Never ever deal with this scam “broker”. I had made a statement from my MT4 before they disabled it and I had made a print screen, so for any of you out there who thinks that I lost my money by making bad trades myself I have all the evidence. I would post it right here but I think the web site doesn’t allow attachments in the review section.

2014-02-17 1 Star Please notice what this dodgy scam broker has recently done. They used to be regulated by SIBA (Seychelles International Business Authority). After I wrote a number of letters there they seem to be no longer having a license from this organization. They changed their web site. Now they say that "Alpha Trading CM is a registered firm in the Seychelles. We adhere to the rules and regulations governing the Seychelles." Scammers at work. Now notice when you load their web site on top appears "Forex Trading in India". This is a futile attempt to hide their identity once again. Futile and stupid. They work from Boston, MA, USA. They committed a federal crime(s) and should be dealt with by Federal Agents. Anyone who also had problems with them please share.

2014-02-12 1Star I confirm that this broker (AlphaTradingCM) is scammer. They made fake deals using fake rates on my account without my knowledge and stole around 77 000 USD.
Don't be fooled with good trading conditions like I was. I spent 6 months of my life on them. When I tried to withdraw they postponed it under false pretenses and in the end they robbed me. I have all the details and evidence.
This a formal review. I am planning to progress further to FPA's Trader's Court too.
I contacted the company multiple times but they simply deny everything.
I hope there is a chance FPA can help me get my funds back.
N
nick
delhi, India,
May 7, 2014,
Guest

Im always looking at what others post and I have been compelled to post today. These guys at Alpha Trading CM, they're a good bunch of blokes. I can only speak about myself and my experience and my experience has been very good with them. I would recommend them, and Ive been around the block a bit. Give them a shot, you won't be disappointed.
I just wanted to send some love out my newest broker. I can trade as I want at Alpha Trading CM. They treat me well, and the best part: I get to keep more of my money with these guys! What else do I want in a broker? Plus, I introduced a couple of my buddies to them. They're pretty happy too.
T
Thangliensiem
New Delhi, India,
May 5, 2014,
Guest

My account no with Alpha Tranding Cm is 753275.. i am making every month 10 to 15 %.. what can i ask more than that with any broker.. they are cool and easy to deal them with real person not just automated service . i dont see why they have graded Alpha Trading Cm so badly, perhabs things should be consider on the trader side as every broker have their own rules and regulation, if we just follow them, i think , we ll have no issue with them.. Me, I am just happy with my present broker ie. Alpha Trading Cm, and all the best to them...

Well, i dont know much how people trade but all i do know is i have been trading with Alpha Trading Cm since last year and i have done manual trading and robot trading. All i can say is that with all my dealing with them, they are excellent in their dealing as long as when it come clients services. Though , they might not have the best system like big broker but i am really satisfied as i can actually speak with them personally, skype with them but not getting automated reply or just by email communicating when we have issue while trading.
All i can say is , they are the best and ll continue to trade with them and the best part is we can really talk to them personally unlike other broker whom we can only speak to their sale rep or other agent whom they employ.. All The Alpha Trading Cm.. You are the best for us... By the way, me and my traders are getting around 10 to 15% every month profit from our trading and we are really happy them and we are getting full support from them as always