High Risk
Reported as a scam / unregulated
SF-701021registry entry
Why AlfaXM is on the register
According to its website, it vigorously promotes itself as a reliable trader, but it does not display any valid regulatory information on the website, and even the office address is not disclosed to the public. This is very unreliable, and investors are advised to be careful to distinguish. In essence, AlfaXM is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. AlfaXM appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.