Alfa Scalper Review: A Scam Forex Indicator?

Karl Dittmann is the reason why we are conducting an in-depth Alfa Scalper review. The review is out to expose damaging information similar to his other products. The developer is known for producing faulty indicators that lead to traders losing money. With several products under his belt, this is another scam to avoid. And this is the reason why investors should be careful with this platform. There is no other better way to describe his products than that they are scams.

About Alfa Scalper

The developer claims that Alfa Scalper is the next generation indicator. We have seen other claims from developers who use industry jargon to steer up emotions. Before signing up with this platform, there are a few details to notice. With a sales pitch that is straight out of the scam books, one can see why the vendor gets victims. He states that the indicator is a new and easy way to earn cash in the forex market. These are some of the claims that have moved hundreds to download his product.

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The product is found on Karl’s sales page, where he has other indicators and Forex EAs. From what we found out, the developer has ditched his old sales page. He now has a more convincing page that looks professional. For years, the design of each product was the same, and this led to his exposure as a fraud. None of his products ever produced any gains in the industry. Even with the new design, the results are still the same. And we feel sorry for anyone who has bought this indicator.

Alfa Scalper license and registration

Alfa Scalper is yet to receive a valid recommendation from regulators in the industry. With the vendor claiming to be American, we checked with the regulators in the region. Both the CFTC and NFA have no listed indicator licensed under this name. And this goes to show the extent to which Karl goes to sell unregulated products. The problem with his indicators is that they offer more risk than reward. There is no safety of funds as the vendor does not provide insurance cover for deposits made.

Another problem with his products is that the vendor is not able to inform users of his status. A genuine broker would be honest about their compliance. With over two years of online presence, the vendor should have a permit by now. It is clear to see that Karl is not interested in applying for a license. The guidelines set by the industry are too high for him to meet. Karl is required to insure all deposits made, which is something he is not willing to do. And this is the reason why investors need to be careful with this platform.

Assets covered by the platform

It is not clear on the assets that the signal provider offers. The vendor fails to give accurate information on the currency pairs. One of the most significant claims, however is that the vendor uses algorithms and offers next-level trading. These are all empty claims from users who have no idea of what’s happening in the industry. The vendor claims that the indicator offers take profit technology, which is not the case. When it comes to information on the assets, the vendor remains silent.

Business owner

Karl Dittmann has a reputation for selling odd products. He has been around for a while, but his products all offer lame results. There is not much information about his trading reputation. We could not find any information regarding his trading background and history. It means that this could as well be a made-up character. The vendor is not capable of offering the best trading products. With a line of expired products, investors need to be aware of all his other failed attempts.

Comments and feedback from users

From the look of things, Karl has hired some people to post positive comments on this software. One user by the name Wasim claims to have been successful with this indicator. When asked to produce the results on myfxbook, the trader has not responded. It has been over a year now, and this means Wasim was a paid actor. The other comments are negative, with most claiming the profit margin is bloated. Most of the comments are pessimistic, which could be an indicator of what to expect.

Domain details of the vendor

As we said earlier, Karl has a new sales page under the domain karldittmannproducts.com. The page went live on 16^th August 2018. It means that the platform is over two years old as of updating this post. We also see that Karl has made over five changes in their IP address over the past five two years. And this indicates that the vendor has sold a lot of products via the page. The information also suggests that the platform could be changing ownership. These are the tell-signs we are dealing with a rogue trading platform.

Features of Alfa Scalper

The indicator has not indicated their strategy, which is not commendable. Other features include a price tag of $147, which we don’t know whether it is a monthly or yearly subscription. The available timeframe is M1 and M5, and they claim to work on all currency pairs. At this price, the indicator is on the more expensive side, considering other indicators. And this goes to show the greed Karl has in the online trading world. One notable feature is the 30-day money-back guarantee, which is questionable.

Problems faced with Alfa Scalper

Available package

Alfa Scalper is selling at $147, which we stated is on the high end. The vendor does not correctly give users the full details of the indicator. Without information on the acceptable minimum deposit to use the indicator, all seems lost. And the problems don’t end here; the vendor does not indicate whether the price is monthly or yearly. It would be best to clear out some of the package features for all to see. These are some of the reasons why smart investors stay away from anonymous products.

Contact and support

Even after upgrading his sales page, Karl gives users no contact details. The only way to contact the vendor is by buying the product. From what we have seen over the years, Karl will block your contact after purchasing his products. With no contact information on his sales page, it shows his lack of professionalism. The vendor is probably afraid as authorities will be hot on his heel. It is best to create communication channels first before committing funds to any online investment platform.

Results and trading strategy of Alfa Scalper

Earlier, Karl has produced a screenshot that suggests the indicator makes a profit with all trades. And this is not possible as all bots and experts do make losses in trading. What this means is that Karl had created his results. A valid indicator will post their results on platforms such as FX Blue and myfxbook. These are the reasons why we have to expose the use of this platform. Without valid trading results, the vendor remains to be a huge problem when it comes to online trading.

Scam or Legit Alfa Scalper

The evidence clearly shows that Alfa Scalper is a scam. This vendor is not in a hurry to apply for a permit. There have been numerous complaints from users regarding this and other products belonging to Karl. Stay away from his products or become one of his many victims.

Our verdict

There is no way we will be recommending a product that has no valid trading results.

Our team wishes all traders a lucrative and safe trading experience with recommended products.