Analysis of the broker company Alpine Crypt
Income opportunities from Alpine Crypt, according to the company’s promises, open up new financial horizons for everyone. To get into the game, you just need to start performing operations on the broker’s cutting-edge trading platform. However, is there a catch in this whole story or is it really true? According to people’s reviews, one should be cautious about what this company is spreading. Its goal is to get hold of other people’s funds and use them for its own interests.
Key data about Alpine Crypt
After reading the content on the Alpine Crypt website, one can make a positive impression. The broker claims to have numerous awards (but without providing supporting information), is considered the best signal provider, and has launched its own artificial intelligence. According to the information, the company has been providing its services to traders for over 5 years.
However, there is no statistical data on the platform since the domain was registered only on June 22, 2022. Immediately after that, the first reviews from deceived clients appeared.
There are several methods to check the honesty of financial organizations, including analyzing the contact information, as the speed of solving technical and organizational problems depends on it. To contact Alpine Crypt support, an email address is used. However, upon checking, it was found that this email address does not exist. Using it is futile.
Another important factor is the office address. According to the company’s information, it has a representation in Belgium, with coordinates provided. However, according to Google Maps data, a bank is located at that place, not the broker’s office. Furthermore, this address was previously mentioned on the Titan Trust Analytics platform, which disappeared after negative reviews.
Company licensing
Alpine Crypt does not provide documents confirming the legality of its activities. Even if the company had an office in Belgium, legal registration would also be mandatory. However, the company was not found in the country’s registry of legal entities or in the database of the National Bank of Belgium. This means that in case of financial problems, you cannot count on the regulator’s support.
The first reviews from the Russian-speaking Internet indicate that the company started attracting traders from Russian-speaking countries, but took no measures to comply with local laws. Alpine Crypt is absent from the registries of the Central Bank of Russia, the National Bank of the Republic of Belarus, and the Agency of the Republic of Kazakhstan for regulation and development of the financial market.
Financial opportunities
Alpine Crypt claims to offer stable income on its platform. According to the information, even beginners can successfully participate in trading. Additionally, the company emphasizes education (conferences, webinars, and more). In celebration of its fifth anniversary, the company has lowered the minimum trading amount. Various account types provide different conditions.
- TRIAL. Minimum deposit: €250, leverage up to 1:3, fixed spreads, and other conditions.
- CLASSIC. Initial deposit: €1,000, leverage 1:10, 5% profit withdrawal fee.
- GOLD. Entry threshold: €25,000, leverage up to 1:25, 3% profit withdrawal fee, €5,000 daily withdrawal limit.
- PLATINUM. Starting deposit: €100,000, leverage up to 1:50, swap discount, and other conditions.
- VIP. Requires at least €500,000, leverage up to 1:100, swap discount, and other privileges.
- PRESTIGE. Entry threshold from €1,000,000, leverage up to 1:200, no swaps, spread discount, and other conditions.
Traders get access to 200+ assets on the platform. Reviews mention that account funding is smooth, but withdrawals may be challenging.
Reputation and deception on the platform
One of the reviews about Alpine Crypt attests to the company’s fraudulence and strongly advises against risking one’s funds.
While the user follows instructions from the ominous platform and deposits their money, they will be ignored. However, paying attention to the financial obligations of Alpine Crypt is enough to set everything straight. The pseudo-broker has no intention of paying out funds, instead offering various fees and insurances. Traders who believe these promises may lose everything. Scammers plan to drain all the funds from clients’ pockets and then block their accounts.
Conclusion
Alpine Crypt is a financial scam that has only been in existence for a few months and is likely to disappear after a series of negative reviews. We recommend turning to another broker who operates with proper legal support and has positive recommendations.