AlphaTick
We checked AlphaTick against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we 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.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report AlphaTick.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.