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A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

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● Statement
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Alpha Transfers

Payment institution · United Kingdom

About the company

Legal company nameMDRN-FX Services Limited
Year founded—
Headquarters / registered countryLondon, United Kingdom
Websitealphatransfers.co.uk
Last checked08.10.2026

According to its official website, Alpha Transfers is a trading name of MDRN-FX Services Limited and provides money transfers to Brazil and in Brazilian reais, sterling and euros, aimed mainly at Brazilians in the United Kingdom; the site states that the company is authorised by the FCA as a payment institution (FRN 540997). Transfers are made through the Alpha Transfers mobile app (Google Play, App Store), by phone/WhatsApp and at the branch in Kensal Green, London; the site says the first two transfers are free, later ones cost GBP 3 regardless of amount, and urgent transfers are paid in Brazil on the same business day. According to a notice dated 14 September 2026, the company is ending its money transfer service for personal customers and SMEs and refocusing on cross-border payments for companies: the shop at 27 Kilburn Lane closes on 28 October 2026 and all customer agreements end on 14 December 2026; the firm remains authorised by the FCA and continues to trade. This information is the company's own statement.

Account Details

ACCOUNT TYPESPersonal customers and SMEs (until 14 Dec 2026) · Companies
MIN. DEPOSITNot stated
PLATFORMSAlpha Transfers mobile app (iOS, Android) · Phone/WhatsApp · Branch
PRODUCTSInternational money transfers (BRL, GBP, EUR) · Cross-border payments for companies

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 540997
Licence holderMDRN-FX Services Limited
ScopeListed in the FCA register as an Authorised Payment Institution under MDRN-FX Services Limited (FRN 540997) since 3 May 2018.
StatusVerified

Sources and verification history

Official company sourcesalphatransfers.co.uk — homepage (PT/EN), FAQ, footer (legal information), "Important notice about our money transfer service" (14 Sep 2026)
Regulator recordsFCA — MDRN-FX Services Limited, FRN 540997 (register.fca.org.uk)
Company registerCompanies House — MDRN-FX SERVICES LIMITED, company no 06401266, incorporated 17.10.2007
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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