Overview
Alpha Group, at a glance.
Alpha Group is an e-money institution headquartered in the United Kingdom, regulated by Financial Conduct Authority, Malta Financial Services Authority, FINTRAC, ASIC. Pricing is agreed with each client. Opening an account takes up to 7 days.
Alpha is an e-money and payments firm, not a bank. All client funds are safeguarded in segregated accounts with Tier 1 banks and are not covered by deposit compensation.
Why businesses pick Alpha Group
- Dedicated IBANs in the company's own name
- Accounts opened without a physical presence in each country
- 145+ currencies and payments to 200+ countries
- Built for funds, fund managers, fund administrators and other institutions
- FX hedging and API access through Alpha Connect
- Accounts opened in seven days or less
Watch out for
- Prices are not published: one all-in price per client
- Aimed at corporates and institutions, not small businesses
- Accepted countries and company types are not published
- No card
Business fit
Will Alpha Group accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Alpha Group's published rules
Needs review
Alpha Group works with Fund managers, but does not publish the countries it accepts companies from.
Alpha Group does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Alpha Group publishes about the businesses it takes on.
Who Alpha Group serves
- Fund managers
- Family offices and funds
- Financial institutions
- Professional services
Not supported
Industries and countries Alpha Group does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Alpha Group?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
145+ currencies
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Alpha Group cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
Not published
Bespoke pricing
Custom
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Outgoing | ||
| SWIFT / international | Not published | |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Not offered | Not available |
Onboarding
From application to live account.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Alpha Group a bank?
No. Alpha FX Limited is an e-money institution authorised by the UK FCA (900849), and Alpha FX Europe Limited is authorised by the Malta Financial Services Authority. Client funds are safeguarded in segregated accounts.
How much does Alpha cost?
Prices are not published. Alpha quotes a single all-in price per client, depending on service level, credit risk, volume and currency liquidity.
Who is Alpha Group for?
Corporates and institutions with international payments, especially alternative-investment and private-capital firms, fund managers and general partners, fund administrators, payroll providers and media companies.
How long does opening take?
Alpha says accounts are opened in seven days or less.
Alternatives
How Alpha Group compares.
If Alpha Group is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
| Alpha GroupThis pageE-money institution |     | Funds and private marketsGlobal accounts |
 CorpayE-money institution |   +1 | FX hedging145 currencies |
 EburyE-money institution |  | FX and hedgingInternational trade |
 iBanFirstPayment institution | | FX specialistFree account |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.