Reviews Advice | Forex News & Updates

Alphasharesoption.com Review: Legit or Scam?

With the rapid rise of online investment platforms, it’s essential to determine their legitimacy before investing your money. In this article, we investigate alphasharesoption.com to discern whether it is a legitimate investment opportunity or just another scam.

Company Overview

Company Name: Alpha Shares Option
Website: alphasharesoption.com
Registered Country: Saint Kitts and Nevis
Regulation Status: Unregulated
Operating Since: N/A
Trading Platforms/Methods: N/A
Leverage Offered: N/A
Minimum Deposit/Deposit Bonus: N/A
Available Assets to Trade: N/A
Demo Account Availability: N/A
Customer Support Contact Methods: N/A

Red Flags Indicating It is a Scam

  • Lack of regulation raises significant concerns about the safety of funds.

  • User reviews indicate common issues with withdrawal requests being denied or delayed.

  • Unrealistic promises of high returns lure inexperienced investors.

  • Lack of transparency regarding trading conditions and fees.

  • Presence in multiple scam and fraudulent broker lists.

License and Regulatory Issues

Upon researching regulatory bodies like the FCA, SEC, ASIC, and FINMA, no licenses or registrations for alphasharesoption.com were found. This unregulated status means that users are not protected by any oversight, potentially leaving them vulnerable to misconduct. ScamAdviser currently rates the website with a low trust score, which further substantiates concerns surrounding its reliability.

User Feedback

User reviews across various forums and review platforms indicate a predominantly negative sentiment regarding alphasharesoption.com. Many users express frustration with withdrawal issues, while others suspect the platform may be a scam. While a few reviews appear to praise the platform, they are often deemed suspicious or overly positive.

Deposit and Withdrawal Methods

Information regarding deposit and withdrawal options is scarce, with many users reporting conflicts and issues when trying to withdraw their funds. Delays and denials of withdrawal requests are common complaints, leading to increased wariness about the platform’s reliability.

Why Unregulated Brokers Are Risky

Unregulated brokers, like alphasharesoption.com, pose significant risks to investors due to the lack of customer protection measures. Without regulation, there is no authoritative body overseeing operations, meaning investors have little recourse in the event of disputes or fraudulent activity once funds have been deposited.

How Can “ReviewsAdvice” Help You If You Get Scammed?

Unfortunately, recovering funds lost to a scam can be challenging. However, “ReviewsAdvice” can help by:
  • Raising awareness: By exposing potential scams, we can help others avoid similar pitfalls.

  • Providing resources: We offer guidance on identifying fraudulent brokers and reporting scams to relevant authorities.

  • Actionable support: We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report your case here for assistance.

Picture of  William Pewitt

William Pewitt

William Pewitt is an experienced forex broker reviewer, dedicated to helping traders navigate the complex world of currency exchange. With a sharp eye for detail and years of experience, I try to provide concise and insightful assessments of various forex brokers. My reviews offer valuable guidance, helping traders make informed decisions about their investments.

All Posts

Follow US

Trending this week

File A Complaint Against Scammers

Get Your Weekly Forex News

Subscribe to Reviews Advice and receive notifications on new forex posts