The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entity by the name of ALPHAFXPRIME which has an internet presence at https://www.alphafxprime.com. This website is claiming to be the trading name of an MFSA licensed company, Alpha FX Europe Limited. Fraudsters are using the details of this genuine company in an effort to deceive the public.

The Authority would like to inform the public that ALPHAFXPRIME is NOT a Maltese registered company NOR is it authorised to provide any financial services in or from Malta. Additionally, ALPHAFXPRIME has NO association with Alpha FX Europe Limited.

The website https://www.alphafxprime.com therefore appears to be a clone of the website of the legitimate entity and the public should therefore refrain from undertaking any business or transactions with the false entity.

The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. A list of entities licensed by the MFSA can be viewed on the official website of the Authority at https://www.mfsa.mt/financial-services-register/.

For more information on clone companies please refer to the Scam Detection Guidelines issued by the MFSA at https://www.mfsa.mt/consumers/scams-warnings/typical-scams/. If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at https://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises.