On May 11, 2023, the Financial Conduct Authority (FCA) issued a warning against Alpe Inversiones, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/alpe-market-alpe-inversiones

Alpe Inversiones marks itself as a trusted broker by claiming that it is authorized and regulated by three governing bodies, including the Financial Conduct Authority (FCA), the Belize Financial Services Commission (Belize FSC), and the Mauritius Financial Services Commission (FSC Mauritius). However, our search didn't find any evidence supporting its claim. Given it purporting to be located in Cyprus, we searched the Cyprus Securities and Exchange Commission (CySEC) registry for this company but discovered no records matching it. This means that Alpe Inversiones is subject to no regulations and any offering of financial services or products by this broker is illegal. Furthermore, the FCA has issued a warning against Alpe Inversiones for operating illegally.

In essence, Alpe Inversiones is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.