Broker Review

Alfinex.com is a blockchain-based forex and cryptocurrency investment platform that claims to offer high returns. The website promotes investment plans with daily profits ranging from 6% to 9%, with a minimum investment of $25.

Regulatory Concerns

The New Zealand Financial Markets Authority (FMA) issued a warning stating that Alfinex.com is a suspected scam site. The platform misuses New Zealand company details and is not authorized to provide financial services in New Zealand. It is not operating from the addresses it claims.

Misleading Claims

Alfinex falsely claims to be officially registered in New Zealand and displays fake licenses and certificates to appear legitimate. It misuses the details of other companies without permission.

Customer Complaints

Users have reported:

• Difficulty withdrawing funds

• Unresponsive customer support

• Accounts being hacked without adequate assistance

• Delays in account verification

These complaints indicate operational problems and lack of accountability.

Risk Factors

Investing with Alfinex carries significant risks:

• Loss of Funds: No regulatory protection for investor deposits

• Limited Legal Recourse: Investors have little or no protection if disputes arise

• Identity Theft Risk: Providing personal information to an unverified platform could lead to misuse

Conclusion

Given regulatory warnings, misleading claims, and user complaints, Alfinex.com exhibits multiple red flags of a high-risk or potentially fraudulent broker. Investors are strongly advised to avoid this platform and use regulated, trustworthy alternatives for trading or investment.