Alfa Success Corp Review: A False NFA-Regulated Platform

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Alfa Success Corp Review
  • Contact and support
  • Desktop Trading Platform
  • License and Regulation
  • Fund Safety
0.9

Alfa Success Corp claims to have a valid license from National Futures Association. These are false claims as the platform doesn’t even cover the amount required to start a trading business. Instead, we have a platform that wants to take investors for a ride. Luckily, we know how to spot scams a mile away. Unfortunately, your funds are far from safe with ascfm.com. The platform has been withholding funds from the word go. Here’s more in our exclusive ALFA SUCCESS CORP REVIEW.

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Alfa Success Corp Pros and Cons

About Alfa Success Corp

Alfa Success Corp claims to be an international brokerage house on the about us page. For naïve investors, that’s all they need to hear to sign up. However, if you are an experienced investor, you want to gather more information about the platform.

Those who have signed up with Alfa Success Corp already rue the decision. It’s clear that once you deposit funds, withdrawal is out of the question. And that’s why we have to expose the platform.

There are several red flags found on the platform. These red flags indicate the rot happening on the platform. You need to stay away from the platform or risk losing everything. Unfortunately, the platform will likely block your attempts to withdraw.

We have seen such platforms before, promising heaven but delivering hell. The platform seems all rosy at first glance. But, when you sign up, that’s when you start seeing the thorns all over the platform.

Before investing in any platform, we recommend doing some due diligence. First, try and find out what makes a platform tick. Then, head over to independent review sites to see the experience of other investors. Here’s the full ascfm.com review.

Acceptable funding methods

You can fund your account using bank and wire transfers. However, on several occasions, the platform will accept crypto deposits. And that’s how you know that the platform will likely make you lose funds.

After funding your account, the balance will reflect in your trading account within 24 hours. Then, you can start trading and enjoy the fruits of your labor. The platform will convince you that everything is okay by updating your balance.

When the time comes to withdraw funds, that’s when all hell breaks loose. The platform won’t bother offering any answers. So you end up failing to enjoy the fruits of your labor. And that’s why we have to expose the platform.

Accounts Alfa Success Corp

Alfa Success Corp offers two account types to choose from. The platform has the demo account version and the standard account. Each of these versions comes with a different set of features. Here’s a closer look at each of these accounts;

Demo Version

For the demo version, there’s an unlimited amount of trading funds. The platform offers $100,000 in virtual balance. You get an account manager, step-by-step tutorials, and online webinars. The demo version only has a buy/sell option.

Standard

With the standard account, the platform demands a minimum acceptable amount of $100. The account promises tight spreads, super-fast trade execution, and hi-tech forex trading tools. That’s just about it with the standard account.

Accounts Alfa Success Corp

Account features

We have to highlight the unacceptably high leverage that comes with these accounts. The minimum leverage available is 1:500. Regulators warn investors from engaging with such high leverage amounts.

Regulators put a cap on maximum leverage for those new at trading, depending on the jurisdiction. In the United States, regulators set maximum leverage of 1:50 for retail traders. You have to keep in mind the platform claims regulation from NFA.

In Europe, regulators put a cap on leverage at 1:100. However, the platform in question goes further and initiates leverage of 1:500. That’s unacceptable and shows the platform doesn’t follow set industry regulations.

Account manager

Despite claiming to offer an account manager, these are call agents hired to fool investors. You get calls from these account managers urging you to deposit more funds. These managers claim that the more you deposit, the higher your chances of winning.

That’s far from the truth. These call agents will fool you into investing in a non-existing position. It would be best to stay away from such platforms whose account managers are far from professional.

There’s a commission for every user these account managers manage to fool. These managers will call you, claiming to have a lucrative position open for you. All you have to do is deposit with them. Please don’t do so as it’s the last you will see of your funds.

The platform will try and replace these account managers on a daily. However, once you try calling, the platform insists that the initial account manager leave. That’s why we believe these call agents are a part of the scam.

Affiliate program

There’s also an affiliate program up for grabs. The platform claims to offer a 10 percent commission for every member you bring to the table. Before you know it, you’ve directed naïve investors into a fraudulent platform.

As time will tell, none of them will withdraw funds from the platform. And this means most will turn to you for answers. But, unfortunately, you will find that losing your online credibility is fast, thanks to such shoddy platforms.

Are funds safe with AlfaSuccessCorp?

Alfa Success Corp License and Registration

Alfa Success Corp is far from being a legit investment platform. You need to stay away from the platform or risk losing your funds. The platform fails to deliver any meaningful documents to prove compliance.

Despite claiming a license from the NFA, the platform’s name is not on the register. And this means we are dealing with a platform falsifying regulatory status. You need to avoid such platforms before losing your investment.

Assets and trading instruments

You get to trade with four classes of trading instruments. These include commodities, forex, indices, and shares. In addition, the platform avails commodities such as coffee, cotton, crude oil, natural gas, and more.

Forex trading happens to be at the core of the platform’s trading. You get to trade with major and minor currency pairs. Spreads for all forex products start from 0 pip and tick size of 0.00001 to 0.0001.

You also trade with major indices, including DAX, NASDAQ, and S&P 500. It allows you to learn how trading affects prices on a global scale. Indices also provide day traders with a perfect way to earn.

Shares from leading companies are available for trading. You get to trade shares from global companies from all sectors. These include manufacturing, tech, textile, and more. It’s a perfect way to earn money with company shares.

Is asfcm.com Licensed or regulated?

Business owner

There’s little information to show who owns or runs the platform. And this makes Alfa Success Corp an anonymous investment platform. You need to stay from anonymous platforms before risking it all.

Contact and support

Expect no support as the platform limits communication to emails. The platform may choose to ignore all your emails. And it’s the case for members who send withdrawal requests via email.

Fund safety Alfa Success Corp

Your funds are far from safe from an unregulated platform.

Our verdict

Please stay away from Alfa Success Corp

You need to invest in proven tools that give you a better outcome. Go for approved forex trading robots.

Feel free to leave a comment or email us with any queries.

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