Beware AlphaCapital is a Non-Regulated broker. It is NOT SAFE to trade.

  • Company name: Euro Wealth OÜ
  • Registration/license: None
  • Registration/license requirement: –

AlphaCapital is a broker that offers to trade with such assets as Forex, CFD, commodities, indices, and cryptocurrencies. The company is owned and operated by Euro Wealth OÜ that claims to be based and registered in Tallinn, Estonia. However, we didn’t find any records about AlphaCapital being regulated by the Estonian Financial Supervision Authority (EFSA). Although, the broker has actually been mentioned in the regulator’s records, unfortunately, those are the broker alerts and warnings:
“Finantsinspektsioon (the Estonian Financial Supervisory Authority) would like to inform clients and investors that Euro Wealth OÜ (previous business names AllProTech OÜ and Nostro Technology OÜ; registry code 14183116) does not hold an activity licence for the provision of investment services in Estonia and therefore Euro Wealth OÜ is not authorised to provide investment services in Estonia. The company offers the possibility to trade different derivatives through web page”

There is a big confusion with the names of the owner-companies of the AlphaCapital, as we found at least 3 names that were associated with the broker this year. As EFSA has already stated that Euro Wealth OÜ was previously named as AllProTech OÜ and Nostro Technology OÜ and these two companies were blacklisted as well. The FCA has warned public about AllProTech OÜ (trading as Prestige Financial Markets) in August 2018:
“Prestige Financial Markets owned by AllProTech OÜ is not authorised by us and is targeting people in the UK. Based upon the information we hold, we believe it is carrying on regulated activities which require authorisation.”
Investing with a properly regulated broker is crucial for the safety of any investment. Here are some reliable regulators: UK’s FCA, the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC).

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