Overall Score51 / 100The Wikilix trust rating of Alfa Capital, out of 100, built from the five factors below.The licences it claims have not been checked on any official register.Regulation41%Identity72%Client terms58%Trading offer50%Service50%Score last calculated 2026/10/26
Trading Conditions
Min Deposit:
N/A
Max Leverage:
N/A
Account Types
N/A
Official website
alfacapital.com.cy
Online · checked Sep 10, 2026
Funding Methods
7 methods
Visa and MasterCard Credit Cards
credit card
Instant
Fee:Free
Fee:Free
Paysafecard
e wallet
Instant
Fee:Free
Fee:Free
SKash
e wallet
Instant
Fee:Free
Fee:Free
Skrill
e wallet
Instant
Fee:Free
Fee:Free
Neteller
e wallet
Instant
Fee:Free
Fee:Free
Bank Transfer
bank transfer
Up to 3 days
Fee:Free
Fee:Free
Debit Card
debit card
Up to 3 days
Fee:Free
Fee:Free
Trust rating
Fair50 to 64. A mixed record: some strengths, some open questions. Read the details before you deposit.Why: The licences it claims have not been checked on any official register.
51 out of 100 · 53% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.· Provisional
Do not trust
High risk
Fair
Good
Excellent
The licences it claims have not been checked on any official register.
We checked Alfa Capital on 2026-10-26 across its regulation, company record, client terms, trading offer and service, and could verify 53% of its record. It claims 2 licences on its site, but none has been checked on an official register yet. The score of 51 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.
Score last calculated 2026/10/26
Regulation
Is someone watching them?
41out of 100
Poor
Counts for 35% of the score93% checked
What we checked
Best licence in force40
CySEC 387/20 claimed, not checked on the register · Jan 5, 2026
CySEC EC/D/II/24839 claimed, not checked on the register · Jan 5, 2026
Regulator protections50
CySEC: 5 of 5 protections (claim, unchecked) · Jan 5, 2026
Licence held by the onboarding entity50
No licence checked on a register yet · Jan 5, 2026
Extra licences in force20
2 claimed licence(s), none checked · Jan 5, 2026
What this measures
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
72out of 100
Good
Counts for 15% of the score81% checked
What we checked
Registry-verified entity50
1 entity(ies) recorded with a registration number
Verified age100
Oldest registered entity established 1996-04-23
Transparency75
3 of 4 transparency checks met (entity, address, complaints, ownership)
Site integrity100
Website reachable and not redirecting · Sep 10, 2026Source
What this measures
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
58out of 100
Fair
Counts for 15% of the score20% checked
What we checked
Policy riskNot checked yet
No published policy review
Critical clausesNot checked yet
No published policy review
Withdrawal rails89
7 rail(s): 7 fee-free of 7 known, 5 instant of 7 known, minimum $10 · Jan 5, 2026
Language parityNot checked yet
No published policy review
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
Trading offer
What does trading cost, and is it disclosed?
50out of 100
Fair
Counts for 20% of the score0% checked
What we checked
All-in EURUSD costNot checked yet
No EURUSD spread known
Pricing disclosed per account typeNot checked yet
No account types recorded
Instrument breadthNot checked yet
No instrument counts known
PlatformsNot checked yet
No trading platform recorded
Leverage vs regulated capNot checked yet
Maximum leverage unknown
Minimum depositNot checked yet
Minimum deposit unknown
What this measures
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
Service
How do they treat clients?
50out of 100
Fair
Counts for 15% of the score35% checked
What we checked
Fund-integrity complaintsNot checked yet
No published scam check
Support channels50
3 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Jan 5, 2026
Reputation footprintNot checked yet
No published scam check
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
What Wikilix has recorded about Alfa Capital: its history, the licences it holds, its trading conditions and its fees.
Alfa Capital – Broker Overview
Alfa Capital Markets Ltd (commonly referred to as Alfa Capital) is a financial services firm originally established in Cyprus and operating through the domain . The company traditionally promoted investment and brokerage services intended to provide institutional and retail clients with access to global financial markets, with a particular emphasis on regional expertise. Its registered address is in Nicosia, Cyprus.
Regulation and Licensing Alfa Capital Markets Ltd obtained a license from the Cyprus Securities and Exchange Commission (CySEC) under license number CIF387/20, authorizing it to provide certain investment and ancillary services in financial instruments under Cypriot law.
However, independent industry sources indicate that its regulatory license was subsequently revoked, and there is no verifiable entry for active brokerage authorization in major public regulator records. As a result, its current regulated status is unclear or inactive, and the firm lacks ongoing oversight from recognized financial authorities.
Trading Services and Instruments Alfa Capital historically claimed to provide a range of financial services including:
Reception, transmission and execution of client orders
Dealing on own account
Investment advisory and underwriting services
Access to a broad set of financial instruments such as forex, CFDs, equities, and derivatives
However, detailed information on specific tradable instruments and standard retail brokerage offerings is not consistently or transparently published on the official site, and some products may no longer be offered due to regulatory changes.
Account Types and Conditions Publicly available information does not provide a clear, confirmed breakdown of account tiers, minimum deposits, leverage structures, or margin requirements. Earlier versions of the firm’s materials referenced multiple account classifications, but inconsistencies in the website content and lack of verified trading conditions make it difficult to establish definitive account details.
Trading Platforms and Technology There are no verified references to widely recognised third-party trading platforms (such as MetaTrader 4 or MetaTrader 5) on the official domain, and specifics about proprietary platforms are not clearly documented. Independent reviews suggest that some Alfa Capital marketing materials referenced generic web platforms without demonstrable live trading infrastructure.
Key Features
Registered Cyprus Entity: Alfa Capital Markets Ltd was registered and initially authorised by CySEC for financial services.
Investment & Ancillary Services: Historically marketed a suite of brokerage and market access services spanning multiple asset classes.
Client Support Channels: Contact information includes telephone, fax, and email support with physical office address in Nicosia, Cyprus.
Regulatory Notices: The official site emphasizes that is the sole legitimate domain for the licensed entity and disclaims association with other sites claiming similar branding.
Risk Disclosures and Warnings While Alfa Capital Markets Ltd once held CySEC authorization, multiple independent broker watch platforms explicitly warn that the firm’s regulatory license was revoked, and the broker currently operates without clear, active oversight. This lack of valid regulation significantly increases the risk of trading with the broker and means there is no investor compensation scheme or supervised dispute resolution process protecting clients. Prospective clients should conduct thorough due diligence and consider carefully whether the platform aligns with their risk tolerance and regulatory expectations.
Alfa Capital is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.
0 of 2 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
2
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
0
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
2
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
0
WIKILIX
Licence intelligence
The strongest of 2 licences on file
Licence Verification Record
Cyprus Securities and Exchange Commission387/20
Recorded from the firm's own disclosure. Not yet checked against the register.
Jurisdiction
Cyprus
Authority strength
Tier 2
Licence type
Financial Service
Not yet checked on the register
Client protection under this licence
Compensation schemeUp to €20000 (ICF)
Client money kept separate
Negative balance protection
Complaints routeCyprus Financial Ombudsman
Maximum leverage1:30
These are the rules CySEC sets for the firms it licenses. They are not a statement about how Alfa Capital applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
7 ways to fund an account. 7 with no deposit fee. 5 credit instantly.
7 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Visa and MasterCard Credit CardsCredit CardCardholder's name must match registered account name; some transactions require Mastercard SecureCode or Verified by Visa authentication; supported where Visa and MasterCard accepted.
Free
Free
EUR 5
EUR 10/—Not recorded
Instant
PaysafecardE-WalletUsers must enter 16-digit voucher number; available in countries where Paysafecard is accepted.
Free
Free
EUR 5
EUR 10/—Not recorded
Instant
SKashE-WalletRequires smartphone with Cypriot mobile number and ID; primarily available in Cyprus.
Free
Free
EUR 5
EUR 10/—Not recorded
Instant
SkrillE-WalletName and email registered with Skrill must match Bet on Alfa account; available where Skrill operates.
Free
Free
EUR 5
EUR 10/—Not recorded
Instant
NetellerE-WalletName and email registered with Neteller must match Bet on Alfa account; available where Neteller operates.
Free
Free
EUR 5
EUR 10/—Not recorded
Instant
Bank TransferBank TransferAvailable where bank transfers are supported; processing time 1-3 working days.
Free
Free
EUR 5
EUR 30/—Not recorded
Up to 3 days
Debit CardDebit CardSupported where debit cards are accepted; withdrawal fallback via bank wire if needed.
Free
Free
EUR 5
EUR 10/—Not recorded
Up to 3 days
Legal entities
Corporate Network
One legal entity behind the Alfa Capital brand.
1 entity
ALFA CAPITAL HOLDINGS (CYPRUS) LIMITEDdissolvedCyprus·Registration HE78416·Established Apr 23, 1996
Peer comparison
Brokers worth comparing
2 other brokers on the record share what Alfa Capital offers — its country, regulator, account types or platforms — set beside it on the same measures.
Alfa Capital provides customer support via phone, email, and live chat during business hours. Support is available in English, and clients can contact the broker through dedicated email addresses for general inquiries, support, and complaints. The broker's office is located in Nicosia, Cyprus.
Not specified.
Alfa Capital offers trading in Forex, stocks, options, derivatives, commodities, securities, futures, and CFDs. However, binary options trading is subject to specific limits. The broker provides access to a diverse range of regulated financial instruments.
Alfa Capital supports various funding methods including Visa and MasterCard credit cards, Paysafecard, SKash, Skrill, Neteller, bank transfers, and debit cards. Deposits are usually instant with no fees, while withdrawals may take up to three days depending on the method. Minimum deposit amounts start at 5 EUR.
Alfa Capital Holdings (Cyprus) Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 387/20. Client funds are protected up to €20,000 through the Investor Compensation Fund (ICF). The broker operates with high transparency and follows onshore regulatory standards.
Still Need Help?
Can't find what you're looking for?
Our support team is here to help you get the answers you need.
Comments
Share your thoughts and experiences with Alfa Capital
Comments
Share your thoughts and experiences with Alfa Capital