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Alfa Capital

Suspicious Clone
Cyprus
,
Since 2020
Last Updated:
56/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
Standard Account

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

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
3 days
Fee:
Free
Fee:
Free

Debit Card

debit card
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 48%, 2: License 62%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
48%Poor
License
62%Fair
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Alfa Capital Holdings (Cyprus) Limited
Founded:2020
Headquarters:Cyprus
Enterprise Offices:1offices

Customer Support

Phone:
+357 22 470900
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

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 alfacapital.com.cy. 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 alfacapital.com.cy 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.

Regulation check

Regulatory Licenses

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 record
2
Confirmed on register
0
Tier 1 or 2
2
Offshore
0

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Cyprus Securities and Exchange Commission 387/20

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.

Deposits & withdrawals

Funding Methods

7 ways to fund an account. 7 with no deposit fee. 5 credit instantly.

7 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Visa and MasterCard Credit CardsCredit Card
Cardholder's name must match registered account name; some transactions require Mastercard SecureCode or Verified by Visa authentication; supported where Visa and MasterCard accepted.
FreeFreeEUR 5EUR 10Not recordedInstant
PaysafecardE-Wallet
Users must enter 16-digit voucher number; available in countries where Paysafecard is accepted.
FreeFreeEUR 5EUR 10Not recordedInstant
SKashE-Wallet
Requires smartphone with Cypriot mobile number and ID; primarily available in Cyprus.
FreeFreeEUR 5EUR 10Not recordedInstant
SkrillE-Wallet
Name and email registered with Skrill must match Bet on Alfa account; available where Skrill operates.
FreeFreeEUR 5EUR 10Not recordedInstant
NetellerE-Wallet
Name and email registered with Neteller must match Bet on Alfa account; available where Neteller operates.
FreeFreeEUR 5EUR 10Not recordedInstant
Bank TransferBank Transfer
Available where bank transfers are supported; processing time 1-3 working days.
FreeFreeEUR 5EUR 30Not recorded3 days
Debit CardDebit Card
Supported where debit cards are accepted; withdrawal fallback via bank wire if needed.
FreeFreeEUR 5EUR 10Not recorded3 days
Fees, limits and processing times as published by Alfa Capital, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Alfa Capital brand.

1 entity
  • ALFA CAPITAL HOLDINGS (CYPRUS) LIMITEDdissolvedCyprusRegistration HE78416Established Apr 23, 1996
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Alfa Capital

Most Popular Questions
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 in the provided context.
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.
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