Alpha Markets Review: Is It Legit and Regulated in 2025? 

Alpha Markets review in 2024

Founded in 2022, Alpha Markets is a Cyprus-founded broker that offers Contract-for-Difference (CFD), indices, and commodities trading to South African investors.  

The brokerage company offers 1:500 leverage on all its trading accounts with minimum deposits ranging from USD 5 to USD 9. Additionally, Alpha Markets allows its traders to maximize MetaTrader 5 – arguably the most preferred trading platform by most traders.  

This makes Alpha Markets ideal for South African traders – or at least they thought.  

In this article, you’ll understand Alpha Markets’ regulatory compliance. Explore whether this broker is legit and regulated in South Africa as of 2024.  

Is Alpha Markets a Legit Broker in South Africa? 

On its website, Alpha Markets claims its incorporation in South Africa as a juristic Representative of Pal Life (Pty) Ltd.  

Providing insurance products and financial advisory services, Pretoria-based Pal Life is regulated and authorized by the Financial Sector Conduct Authority (FSCA). The company bears a Financial Service Provider license with the number 43259.  

Upon checking the FSCA FSP search, it’s confirmed that Alpha Markets is indeed a representative of Pal Life.  

However, these indirect regulations from the FSCA don’t guarantee the investment security you need.  

Aside from questionable regulations, Alpha Markets exudes several red flags as a brokerage service provider, including:  

  • Inaccessible platform  
  • Extremely vague service information  
  • Absence of segregated accounts  
  • No guaranteed funds 

What Does Alpha Markets Do? 

Claiming to cater to all traders, Alpha Markets allegedly offers access to major financial instruments, including CFD, indices, and commodities.  

However, Alpha Markets’ website failed to include details or, at least, a list of securities offered. The inaccessibility of Alpha Markets platforms further makes it impossible to discern the validity of available instruments. 

Alpha Markets, Jason Noah, and the Alpha Males 

Given its name, Alpha Markets claims its dominance in the South African financial markets.  

Its website is packed with content about being a leader of the pack – hence being an Alpha. Such information is insignificant to trading and brokerage services.  

Additionally, Alpha Markets is claimed to be represented by Jason Noah – a South African finfluencer. While his influence is there, we cannot guarantee his investment expertise. 

How to Contact Alpha Markets?  

Alpha Markets’ contact information lacks accessibility.  

Finding the contact information you need requires time, as it is scattered throughout the website.  

Website https://www.alphamarkets.io/  
Phone number +27 12 980 0035 
Email [email protected] [email protected]  
Physical Address Building B, 169 Corobay Ave, Menlyn, Pretoria, 0181   

However, a website visitor will be welcomed by a contact popup that redirects you to their WhatsApp account.  

Remember, social media platforms like Facebook, Telegram, and WhatsApp are breeding grounds for unethical brokers. Given their unregulated nature, brokers run wild at these platforms, often deceiving unsuspecting investors.  

Read more: How Fraud Brokers Use Social Media to Scam Traders [2024] 

Alpha Markets Trading Accounts  

Alpha Markets offers four trading accounts – all seemingly attractive as they’re affordable and profitable with high-leverage offerings.  

Here are the trading accounts offered by Alpha Markets: 

Account Type Minimum Deposit Trading Fee Leverage Bonus 
Classic Account USD 5 Starting from 1 pip 1:500 0% 
RAW Spread USD 9 USD 10 commission 1:500 0% 
Alpha100 USD 5 Starting from 0 pip 1:500 100% 
Alpha Micro USD 5 Starting from 0 pip 1:500 0% 

Alpha Markets offers demo accounts to new users to familiarize them with the market dynamic and its trading platform.  

Here’s a quick guide on how to access the Alpha Market demo account:

Step 1: Create an Alpha Markets account 

Step 2: Fill in the necessary registration details, including full name, country, phone number, and email address.  

Step 3: Log in to your Alpha Markets accounts  

 
Remember, the demo account will only become accessible once you have already created an Alpha Markets account.  

Does Alpha Markets Worth Your Attention in 2024? 

Despite offering affordable and accessible trading accounts, Alpha Markets lacks the regulatory compliance needed to ensure your investment security.  

In fact, this South African broker raises several red flags, including the inaccessible platform, vague financial service description, and the absence of guaranteed funds. These factors should give you pause when thinking of transacting with Alpha Markets.  

To find a reputable and credible online broker, consider joining a verified online trading community. This allows you to tap into the genuine experiences and practical knowledge of expert traders, preventing you from dealing with questionable brokers.  

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Articles
Standard Bank Online Share Trading Review in 2025: Is It a Good Stock Trading Platform? 

Standard Bank Online Share Trading Review in 2025: Is It a Good Stock Trading Platform? 

As the largest African bank, SB offers South Africans access to tradable shares across 31 global exchanges through its Standard Bank Online Share Trading.

Algo Trading Guide: What are the 5 Best Algo Trading Software in 2025 

Algo Trading Guide: What are the 5 Best Algo Trading Software in 2025 

Algorithmic trading is an automated trading software that executes trades based on predefined instructions. Discover the top algo trading software here.

12 Best Investments that Pay Monthly in South Africa 2025 : Earn Passive Income Smartly 

12 Best Investments that Pay Monthly in South Africa 2025 : Earn Passive Income Smartly 

Seeking investments that yield monthly returns in South Africa? From money market accounts to fixed deposits and income-generating ETFs, options are plenty in 2025

This guide breaks down minimum deposits, average monthly returns, and real risks. Tax-free investments, rental yields, and income mutual funds — they’re all here.

AltCoinTrader App: What You Need to Know in 2025 

AltCoinTrader App: What You Need to Know in 2025 

The AltCoinTrader app is a crypto exchange that allows you to trade top cryptocurrencies using the South African Rand (ZAR). Learn more here.

Choosing the Right Derivatives Broker in 2025: A Trader’s Checklist 

Choosing the Right Derivatives Broker in 2025: A Trader’s Checklist 

Choosing a derivatives broker isn’t just about low spreads or shiny platforms. It’s about regulation, leverage limits, margin safety, and the markets you actually want to trade.

This TRU Insight walks you through everything — from spotting hidden trading fees to comparing regulated options like Deriv, IG, and Interactive Brokers.

If you’re chasing alpha in equity, forex, or synthetic derivatives, this checklist is your must-read before signing up.

Should You Trust Immediate Bitwave in 2025? 

Should You Trust Immediate Bitwave in 2025? 

Immediate Bitwave provides advanced trading tools to make cryptocurrency trading seamless for all traders. Learn whether this broker is secure here.