Alpha Live Review (alphalive.io Is a Scam)

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alpha live review

Read our Alpha Live review before opening an account with them. This is an alphalive.io review, not to be confused with any other website. If you want to see a red flag about them, look no further than About us page, there are literally three sentences there as of this date. We guess that ran out of lies, which is not a good thing in the scamming business, or maybe it is!

Alpha Live review first look

By taking a look at their website there is little to no information of who they are. At the end section they have put same random company name that they picked it up from a shelf somewhere. So if they say we have a registered company, don’t fall for it, because anyone can set up a company online for just a few dollars. Also there is not any information on the web about who they are. If you had a trustworthy company that supposedly makes others a lot of money, you would share it with the world, and the interviews would pour in. But no one knows who these persons are and there is a good reason for that because they keep their identity hidden while stealing your money.

Regulation

Alpha Live are not regulated by any agency, which means they can take your money and do as they please with it.
So we urge you not to deposit with Alpha Live and any other unregulated forex “company” for that matter. There is a reason why these websites do not get regulated, because they have the simple objective to steal as much money possible and switch into a different domain. If their intentions were honest they would have become regulated and stay for the long run.

What they claim to be

Even that they do not say it on their website, they will promise to make you big money through the phone. Which is weird because why would they make us money? If they are so good at trading why would they bother to make us money? The fact is that they can manipulate the trades from MT4 manager giving you the illusion that you are making money. But those “money” are just numbers on a screen, and after seeing these “money” they will push you to deposit more so you can make more money. When you reach your deposit limit or you smell something wrong, that is when the battle begins, and it can end on several ways, but none of them is good for you. Read below to find out what will happen next.

How does it work?

Usually unregulated forex brokers work in the following way. After registering in their website through one of their affiliates, which are usually websites claiming to have forex robots, you get the first call from the sales department, trying to persuade you to make the minimum deposit first.. They will offer deals that sound too good to be true and that you can make easy money. Please don’t fall for anything they say because they are all lies and these people are good at lying. If you make the first deposit you will get transferred into another department so they can rip you off for the long run.

Common scam methods

If you have reached your deposit limit or you have smelled something bad, normally you would request your money back. In this step they will try to get the last money out of you. They will come up with several excuses why they can’t return your money back to you right away. The most common scam method is so called margin loan aka credit or bonus. If you have credit on your account they will say you will need to pay back the credit before you can withdraw. Scam number two is that you need to pay taxes or the agent’s commission before you can withdraw. Other scams include that you need to pay some kind of insurance of trading fee, but in either case, if they request a fee from you before you can withdraw you money, don’t pay it, is a SCAM! We know is tempting for you to pay these money in hope that you get your money back, but we need you to resist the urge, as it will only make things worse.

Can u get your money back?

Usually the forex scammers are well organized as this is relatively not a new niche. Nowadays they require people to make deposits through bitcoin, which is an untraceable currency and the payments are irreversible. So if you paid them with bitcoin or through a bitcoin exchange, your money is most likely gone. We know this might be hard for you to digest but that is the ugly truth. If you paid them through a wire transfer, there might be one or two loopholes, but that depends from case to case. The only thing you can do something about it is if you have deposited through a credit card. In this case you will need to contact the bank or the credit card company to ask for a chargeback. But you need to represent a good case because not all the banks will help you with the excuse that it was you who authorized the transaction.

Is there something you can do?

The best chance you have is to follow the money and report it to the police. Trace the money carefully to see where they went, and make sure to bring all the variables to the police. Sooner or later one of these scammers will get it. However, we must say that in the most cases the police will not do anything about it. The main reason is that these entities are scattered in different countries thus creating jurisdiction issues for the local police. Hopefully if there are a lot of reports they will pass the case to Interpol, Europol or even to the FBI.

Hiring chargeback companies

If you lost money with Alpha Live you are probably feeling very frustrated. The most important thing is not to feel ashamed because everyone becomes a scam victim at least once on their life. Second thing is not to make any rushed decision after that, take some days to calm down before proceeding further.
A chargeback company can be your ally in your case, because they have a lot of experience and can present your case to the bank in a professional way. However, if you are planning on hiring a chargeback company, we recommend you to hire the most trustworthy company because there are a lot of fake companies out there who would just take your money and do nothing about it.
If you would like our assistance, feel free to reach us at [email protected] .

Save others

If you are one of the unfortunate victims of Alpha Live please share your experience. Leave a Alpha Live review below in the comment section describing the experience and if there was any other company you were victim of it make sure to mention it. You would probably like to have known about Alpha Live scam before you dealt with them and probably be saved, so now it is your turn to help others.

Alpha Live review conclusion

Talking on the phone with the employees of Alpha Live, we knew that they had made up names. This was the first sign of scam. Moreover they were being very pushy trying to persuade us to deposit more and more. They didn’t disclose the fact that they are unregulated, in contrary they claimed to be the most trustworthy. If you have deposited money please beware of the scam methods outlined in paragraph four. Make sure you report them to the authorities and possible inform the regulating agencies about them and don’t forget to leave a Alpha Live review below. If you haven’t deposited yet please stay as far away from this website. We hope our Alpha Live review was helpful to you. Trust us when we say there is no such thing as easy money, no one will make money for you, except you. If you have any questions or you would like to get some kind of assistance about getting you money back reach us at [email protected]

14 Comments

  1. thank you so much! They called me and I looked them up and saw your review which was very helpful. I did it as I was on the phone with them and read to him that your review said they were a scam and ended the conversation there and then! Felt so good afterwards, as – you are right – would have been manipulated by them and then very upset and frustrated if I did give it a try. I thought it was a scam when I read their advert, but thought it was BitcoinTrader, not some unknown company.

    Thank you very much again, and keep up good work! You save people not just money but a lot of hurt and bad health!

  2. Unfortunately I paid the min deposit and only saw that they were indeed a scam after i googled the Aphalive site.
    After having seen Simon Cowell brag about how much money he has made out of this online,i thought this was too good an opportunity to miss out on earning money.
    I pride myself on not becoming a victim of scam sites but was suckered in by this site.
    I’m currently on to Barclay Card now to get a charge back on this amount.
    Please don’t make the same mistake as me Scott

  3. Thank you for your review which has saved me money and also considerable hassle as I have so far paid nothing despite much flattery and long persuasive phone calls!

  4. Am new to trading and I recently deposited the minimum amount through my credit card, I was assigned a manager called Lynn Fox, she only called me once and after complaining several times she was replaced by another dude called Sean Kurt. To cut the long story short, Lynn only told me to buy crude oil, that was the end, she did not even make any follow ups and advice me on what the next steps are gonna be , I was basically left in Limbo, thereafter, the new manager assigned to me by the names of Sean Kurt did not call me at all, a number registered in the UK (London)and the owner unbeknownst to her, her number is being used to broker deals which she has no complicity about, I have the called on the 31st July 2020, and I spoke to the owner who gave me her identity, and were she works, she is absolutely not related to Alphalive.io. The number that was used to call me, they were calling me Roy, and that’s not my name, after saying my name they started addressing me by my right names, however they wanted me to deposit another £90.77 so that they can sell me the software (Quantam physics) and other tools for trading, I categorically said no. ATM, all indications point to an organised syndicate of scammers based in Estonia according to the phone calls and chats I have had with their staff in customer support. The good thing my credit card company has all the records of transactions withdrawn from account. AM gonna put this review on their official website. My name is Toshi and I live in Glasgow Scotland (UK)

  5. Thanks for all the advice. luckily after speaking to them, I did not invest with them.
    they actually admitted to me that their advert did lie, just to attract poeple. he said that most adverts are not what they say, so i reminded him that in the UK, that is called false advertising and is against the law.
    The guy was very pushy,trying to get me to deposit there and then, even after i had told him that I wasn’t ready to invest due to funds as there has been a lockdown. this never deterred him at all. i carried on the conversation purely to see what more BS he was going to come out with.
    at the end ,I let him knowthat if I did want to invest, it would not be with them.
    i then received another 6 calls that day, and blocked the numbers.
    I would also advise anyone to stay away from this company.

  6. Got a phone call just 2 hours ago from Alphalive. I had given them my details yet without putting up any money. I was very tempted as they were advertising with most prominent celebrities. First thing that made me wary: The guy who called had a very heavy foreign accent, yet called himself Brian, and sounded just as he was trained by a telemarketing company to ‘convince’ gullible people. Second which made me suspicious: The name Alphalive, which I had not seen mentioned anywhere in those ads before. I told him about me wanting to check his company first and politely asked him to call me back tomorrow, he suddenly changed his friendly approach to a fairly rude “good buye, I will call you tomorrow”. Guess he will not call again…

  7. This is a big SCAM.
    What they do is they are after your money only.
    They are not regulated company with ASIC.
    I have lost all my savings with them and also some money borrowed from family and friends as well.I have medical condition and thought by investing I can repay my loan.
    This person named Alex Murphy was my first account manager and promised me that there will be 17% or more return on my investment.When I asked for withdrawal of US$40,000 all my money disappeared overnight and explanation was market crash.He never called again.
    I spoke to one of the investors and he said this is all scam and there is no such thing that happenend with crypto that day.I haven’t seen a dog like Alex who would take money from a struggling person like me for his fucking own gains.
    Alex Murphy you will pay for this you ASSHOLE.
    Then upon complaining they gave me US$20,000 credit and this disappeared in the same manner within a month..
    Second account manager was called Daniel Green and same excuse that market crashed.
    WHAT A LOAD OF LIES AND THE WAY THEY TREAT ANOTHER HUMAN BEING.
    Please do not invest with this company(Alphalive.IO).
    What a bunch of inhuman beings and they must be living a pathetic life.

  8. Alphlive.io Scamming scum
    Believe me I thought I had invested £2000 in Alphalive but after about 2weeks I realised I had “donated it” to a bunch of thieves. They are crooks and fraudsters once they have your money you have no chance of getting it back. My account stands now at $2682.15 but they keep fobbing me off with ridiculous excuses.
    PLEASE DO NOT USE THIS COMPANY
    they are not a regulated company so you have no comeback whatsoever from them.
    I am starting a page on Facebook to get together everyone who has been scammed by them, lets expose them for what they are,”THIEVES”

  9. They are scammers and took all my savings bastard, what is in this website is 100% correct avoid them and report them to the police like I did.

  10. I have fallen victim to Alphalive.io. There was an opportunity to return my initial investment only to be cancelled with no explanation and then the rewarding returns which I had apparently made were lost in one step. Again with no explanation. They now attempt to ‘recover’ my account by requesting further investment. Stay away please.

  11. I have also fallen victim to Alphalive. I made several deposits with a first account manager and received a small return at first. Then told I can’t withdraw the balance without meeting a trading volume. Subsequent personal account manager told me that I have to liquidate the account through the trading volume and hedging no risk. Then received a call that market crash and everything gone. Now trying to get more money in order to recover my investment. Stay away from these people they are there only to take your money and then you have no control on what they do with it.

  12. Yep, another scam site. All previous comments re AlphaLive.io are similar to my experience with this site. Fortunately after a few communications I realised I had parted with only what I could afford this lose. They also “trade” under the name of of Brainhub & evolutions-bitcoin.com. Stay away for all the reasons the article and replies have said!!!

  13. Oh my goodness, they are real scammers!
    They sounded so genuine and professional when I joined them.
    So , I transferred the initial amount that they require as joining fee. Then a lady by the name Lyn Fox assisted me with setting up the account with alpha live then suddenly setup another account with coinspot. I made a deposit of $4000 into coinspot then lyn mysteriously wired my $2000 to some unidentifiable destination. She then started calling me day and night pressuring me to deposit another $10,000. At this time I started getting suspicious and told her that I was no longer interested in trading. She then stopped calling me but I was still receiving phone calls+++++ using Australian landline numbers still demanding that I start trading. All this happened August 2020. I managed to get back the other $2000 from coinspot after I told them what had happened. The other $2000 I still haven’t got it back, I have sent them multiple emails but they are not responding.
    My mistake was jumping into transferring money without checking the reviews.
    Please don’t waste your time and hard earned $$, they are real scammers!

  14. They scammed me out of £12,000 last year, now they keep calling saying they want to pay me back my money as my money wasn’t lost but stuck in their system. Avoid them, the story and amount keep changing, I think they revisit people they have scammed to get more money out of them. AVOID, NASTY PEOPLE

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