AlphaTick is pinned to our watch chart for a reason. When our cartographers traced the operation, the trail lined up with an official warning record rather than with any verifiable licence.
What our cartographers found
AlphaTick claims to be a brand of AlphaTick (Pty) Ltd, presenting itself as an authorised Financial Services Provider (FSP) regulated by South Africa’s Financial Sector Conduct Authority (FSCA) under license number 52497. However, our verification reveals that no entity named AlphaTick (Pty) Ltd appears in the FSCA’s official register. More alarmingly, the license number 52497 actually belongs to Ultima Markets (Pty) Ltd. There is no evidence of any legal or operational connection between Ultima Markets and AlphaTick. This strongly suggests that AlphaTick is falsely using another firm’s regulatory details to create a misleading impression of legitimacy and deceive investors. Given this clear case of regulatory misrepresentation, AlphaTick is very likely to be a scam.
Red flags on the map
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
If you have funds with AlphaTick
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.