Alpho Pro Review: Unlicensed Forex and CFD Platform

Alpho Pro is a platform at alphopro.com that says it offers forex, crypto, commodity, index and stock CFDs on MetaTrader 5. Although the site calls itself a "regulated broker", it shows neither the authority that issued its licence nor its company name or address, so investors end up sending money without knowing who is on the other side.

🚩 What Does the Site Promise, and What Is Missing?

The domain was registered on 16.06.2020. The platform does not appear on the SPK list of authorised institutions; it is not authorised by the Capital Markets Board (SPK). SPK Decision No. 8/297 of 24.02.2017 treats offering overseas leveraged trading platforms to persons resident in Türkiye as unauthorised activity.

🔍 Points Not to Be Confused With ALPHO

ALPHO (alpho.com), a similarly named but different operationTR that we covered earlier, works under another domain name and company record. Although traces of a shared technical infrastructure are seen between the two addresses, no match was found at the level of company, telephone or e-mail, so Alpho Pro has been assessed as a separate platform.

🔗 Other Platforms Using the Same Method

We have examined CFD platforms with no company details and an empty licence claim before.

🧭 The Legal Process for Victims

1. The invalidity of the account-opening agreementTR made with the platform is examined.
2. On the criminal side, the criminal complaint process is started.
3. For the amounts sent, a restitution and unjust enrichment claimTR is assessed.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions