Alpha Digitals has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending for over three years trying to make Alpha Digitals work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Great customer service|Fast deposits|Multi-currency support|Multi-device support
Cons: Cannot customize dashboard fully|Research section could be deeper
Do not use Alpha Digitals for anything serious. I used them for the past six months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Multi-device support|Customizable dashboard|Clean UI
Cons: Limited cryptocurrency options|Limited demo account features
The onboarding at Alpha Digitals was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Stable platform|Competitive fees
Cons: Cannot customize dashboard fully|None so far
After seeing ads for Alpha Digitals online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I have been trying to close my account with Alpha Digitals for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Educational resources|Tax reports included|Multi-currency support|Fast execution
Cons: No phone support on weekends
Customer support at Alpha Digitals seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Stable platform|Portfolio tracking tools
Cons: Slow to add new assets|Charting tools need more indicators
I invested $15,000 with Alpha Digitals after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I closed a profitable position at Alpha Digitals and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Comprehensive tools|Competitive fees|Portfolio tracking tools
Cons: No integrated tax optimization