Alfa Forex Rated 3/5

Alfa Forex Guide - Read our In Depth 2023 Alfa Forex Review

This detailed Alfa Forex review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Learn more about Alfa Forex.

Benefits of Trading with Alfa Forex

Alfa Forex Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit No minimum deposit
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 Alfa Forex users and traders
๐Ÿ“† Founded 2011
๐ŸŒ HQ Cyprus
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
๐Ÿšซ Excluded Countries Alfa Forex is not available in the following countries :

Open Alfa Forex's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Alfa Forex?

Alfa Forex are a worldwide financial trading platform and broker. founded in 2011

Over 12 years later Alfa Forex now serves over 10,000 retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

Alfa Forex are a global broker. Alfa Forex have a head office in Cyprus.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Alfa Forex review and assess how well the Alfa Forex platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Alfa Forex. Choosing or shortlisting a trading platform like Alfa Forex can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Alfa Forex.

As a result, selecting the right trading platform like Alfa Forex requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Alfa Forex available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Alfa Forex requires thorough due diligence and careful consideration. Some Alfa Forex trading features can be complex when trading on mobile or using the Alfa Forex online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Alfa Forex trading tools properly. In our review of Alfa Forex we explain the pros and cons. What Alfa Forex offer, countries Alfa Forex are available in. Who Alfa Forex are regulated by and more.

Alfa Forex Review Screenshot

When it comes to online trading with brokers like Alfa Forex, carefully review Alfa Forex as your broker can make or break your success. Choosing the right broker is essential to ensure your Alfa Forex investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Alfa Forex review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Alfa Forex. You must also ensure the Alfa Forex broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Alfa Forex needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Alfa Forex into easily digestible information in this Alfa Forex review. We want to ensure you have all the knowledge necessary to use the Alfa Forex trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Alfa Forex are the key to successful trading, so we've provided this detailed Alfa Forex review. So, take a seat, grab a cup of coffee, and dive in to learn about Alfa Forex and how it can benefit you or if Alfa Forex is not for you.

Online investing with Alfa Forex can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Alfa Forex, evaluating the Alfa Forex platform is important. Evaluation includes researching the Alfa Forex management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Alfa Forex. That's why it's essential to understand the Alfa Forex company policies and practices before making any investment decisions. By doing your due diligence and understanding Alfa Forex platform, you can make informed investment choices that align with your financial goals. So take the time to research Alfa Forex thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Alfa Forex review you need to determine if Alfa Forex is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Alfa Forex, so you can make a more informed decision and compare other brokers against Alfa Forex.

If you want to look at some Alfa Forex alternatives that might better fit your needs, we list and compare some of the best Alfa Forex alternatives further down this Alfa Forex review.

Don't be fooled by the misconception that online trading is easy with Alfa Forex. It can be challenging and requires significant research and understanding of the Alfa Forex trading tools and features. You must know what you are doing when trading with Alfa Forex. That's why we've compiled this detailed Alfa Forex review with some important information that will hopefully make you more informed when online trading with Alfa Forex.

Alfa Forex Review Table of Contents

Alfa Forex review
Alfa Forex is a Multi-Assets Trading Platform with over 30+ Assets

Learn more about Alfa Forex. Alfa Forex is a multi asset platform with 30+ tradable Assets. Assets available on Alfa Forex include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Alfa Forex trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

Features of Alfa Forex

Alfa Forex review
What you should know

Alfa Forex offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the Alfa Forex trading platform depends on the region of the world, you are in and the Alfa Forex entity you have an account.

With Alfa Forex you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Alfa Forex platform.

Alfa Forex are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Alfa Forex safe?

When considering Alfa Forex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Alfa Forex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2011, and in operation for 12 years Alfa Forex have a head office in Cyprus.

Alfa Forex is regulated. This means Alfa Forex are supervised by and is checked for conduct by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) regulatory bodies.

Alfa Forex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Alfa Forex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Alfa Forex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Alfa Forex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Alfa Forex has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Alfa Forex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Alfa Forex, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Alfa Forex violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Alfa Forex?

All payments made to Alfa Forex by traders are securely held in a segregated bank account.

Alfa Forex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Alfa Forex use them?

Alfa Forex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Alfa Forex clients' funds.

Alfa Forex clients can have greater confidence in their financial security when working with a Tier 1 bank because Alfa Forex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Alfa Forex deposited in a Tier 1 bank?

Depositing funds with Alfa Forex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Alfa Forex were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Alfa Forex is a secure and safe platform.

Please be aware that trading in financial assets with Alfa Forex carries a risk of loss. Alfa Forex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Alfa Forex emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Alfa Forex, let's closely examine its features.

To better understand the Alfa Forex trading platform, you can create two separate accounts - one with real money and the other a Alfa Forex demo account. A Alfa Forex demo account provides a risk-free environment for experimenting with the Alfa Forex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Alfa Forex trading decisions.

Open a demo account Visit Alfa Forex

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Alfa Forex as a Company Compare Against Other Brokers

Broker alfaforex IC Markets Roboforex eToro
Year Established 2011 2007 2009 2007
Head Office Cyprus Australia Belize Cyprus, UK
Regulation Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Alfa Forex users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Alfa Forex Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

Alfa Forex review
Alfa Forex Pros and Cons

What we like about Alfa Forex

  • Used by over 10,000 Alfa Forex users and traders
  • Established in 2011
  • Regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
  • Min. deposit from $0

What we don't like about Alfa Forex

Alfa Forex review
Alfa Forex Regulation and Licensing in more detail

Alfa Forex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Alfa Forex going into insolvency. Alfa Forex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Alfa Forex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Alfa Forex traders.

Alfa Forex is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Alfa Forex you should be sure they're legitimate online agent.

Is Alfa Forex Global?

Yes, Alfa Forex is global as Alfa Forex is available in over 194 countries.

Alfa Forex is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Alfa Forex covers include the UK, Germany, South Africa, Thailand, China and Australia. Alfa Forex has a total of more than 10,000 users.

Alfa Forex review
Alfa Forex Fees Explained

  • Alfa Forex withdrawal fees varies on payment method
  • Alfa Forex does charge a fee for inactive accounts.
  • Alfa Forex does charge deposit fees.

Alfa Forex Costs To Check

Modern brokers like Alfa Forex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Alfa Forex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Alfa Forex trading profitability.

How Alfa Forex Fees Compare Against Other Brokers

Broker alfaforex IC Markets Roboforex eToro
Min Deposit 0 200 10 50
Withdrawal Fees varies No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

Alfa Forex Minimum Deposit

Alfa Forex does not require a minimum deposit when opening an Alfa Forex trading account.

In the trading world, brokers like Alfa Forex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Alfa Forex Withdrawal Fees

The fees for withdrawing funds from your Alfa Forex account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Alfa Forex withdrawal request is important.

Alfa Forex Withdrawal rules may vary across different brokers when it comes to transferring funds from your Alfa Forex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Alfa Forex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Alfa Forex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Alfa Forex. Researching and comparing Alfa Forex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Alfa Forex funds frequently or dealing with large sums of money. Awareness of these Alfa Forex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Alfa Forex funds.

For example, Alfa Forex allows you to withdraw your funds to Credit cards, UnionPay, Bank Transfer.

Alfa Forex Inactivity Fees

Alfa Forex does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Alfa Forex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Alfa Forex fees and services. It's recommended that you check the Alfa Forex website before signing up. If you decide to close your Alfa Forex account, it's important to do so with the Alfa Forex broker customer support and obtain confirmation that no remaining Alfa Forex fees are due.

Brokers like Alfa Forex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Alfa Forex Deposit Fees

Alfa Forex do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Alfa Forex Commission Fees

Alfa Forex does charge commission on CFD instruments.

Brokerage firms like Alfa Forex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Alfa Forex trading account level held by the trader.

Alfa Forex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Alfa Forex terms and conditions to understand the commission fees and any other charges that may apply is essential.

Alfa Forex review
What can you trade with Alfa Forex?

It's essential to note that the trading instruments offered under the Alfa Forex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Alfa Forex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Alfa Forex over 30 instruments in fact.

If you want to trade currency pairs on global Forex markets, Alfa Forex offer over currency pairs.

Alfa Forex Compared To Other Brokers

Compare Alfa Forex with IC Markets and Roboforex below.

Your capital is at risk

How Alfa Forex Trading Options Compare Against Other Brokers

Broker alfaforex IC Markets Roboforex eToro
Instruments Available 30 2250 100 5000
Platforms MT4ย  MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Alfa Forex
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

Alfa Forex review
Trading on Alfa Forex web platforms and other applications

Alfa Forex offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Alfa Forex also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Alfa Forex's platforms

Is the Alfa Forex Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Alfa Forex trading platform to protect you on PC and mobile Alfa Forex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Alfa Forex web trading platforms.

Alfa Forex Trading Platform Options

After logging into your Alfa Forex account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that Alfa Forex does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Alfa Forex does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Alfa Forex gives you.

Alfa Forex review
Alfa Forex MetaTrader 4 (MT4)

Alfa Forex MetaTrader 4

Alfa Forex MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Alfa Forex offers traders comprehensive features and tools to enhance their trading performance. The Alfa Forex MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Alfa Forex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Alfa Forex traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Alfa Forex traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Alfa Forex trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Alfa Forex MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Alfa Forex, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Alfa Forex MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Alfa Forex allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Alfa Forex in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Alfa Forex MetaTrader 4 is compatible with the latest macOS. Alfa Forex allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Alfa Forex

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Alfa Forex MetaTrader 4 on iOS Devices

You can download the Alfa Forex app or trade with Alfa Forex through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Alfa Forex customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Alfa Forex MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Alfa Forex offers its clients access to the MetaTrader 4 platform on these devices. With the Alfa Forex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Alfa Forex traders to stay on top of their trades and react quickly to changes in the market. With the Alfa Forex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Alfa Forex MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Alfa Forex are a powerful bundle of three major indicators designed to help traders make informed decisions. Alfa Forex MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Alfa Forex traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Alfa Forex traders to potentially stay one step ahead.

Alfa Forex MetaTrader 4 Advanced Trading Tools

The Alfa Forex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Alfa Forex traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Alfa Forex provides traders with everything they need to succeed. The Alfa Forex MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Alfa Forex traders to analyze the market at any level of complexity.

Trade Alfa Forex MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Alfa Forex MetaTrader 4 AutoChartist

Autochartist on the Alfa Forex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Alfa Forex MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Alfa Forex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Alfa Forex users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Alfa Forex traders can navigate the platform and find the information they need to make informed trading decisions.

Alfa Forex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Alfa Forex traders of all experience levels.

Alfa Forex Trading benefits

  • Alfa Forex Allows scalping
  • Alfa Forex Allows hedging
  • Alfa Forex Offers STP
  • Alfa Forex Low min deposit

Alfa Forex Trading Accounts Offered

Below we give an overview of the account types that Alfa Forex offer. Whatever you are looking to trade, the varying Alfa Forex account types will be able to provide you with what you need.

  • Alfa Forex Demo account
  • Alfa Forex ECN account
  • Alfa Forex STP account
  • Alfa Forex Islamic account

Can I try Alfa Forex?

Alfa Forex provides a demo account that enables individuals to explore trading before investing their funds. By creating a Alfa Forex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Alfa Forex demo account can help individuals to make informed decisions before investing their money.

Open a demo Alfa Forex account to practice and trade.

Your capital is at risk

Alfa Forex withdrawal and funding methods

It's essential to remember that the payment methods provided by Alfa Forex vary based on the Alfa Forex entity and the Alfa Forex client's country of residence. To view the Alfa Forex payment options available, you can log into your Alfa Forex member's area.

Alfa Forex offers various funding payment methods listed in your Alfa Forex dashboard if available in your region. To learn more about the Alfa Forex funding and withdrawal options available in your area, you can explore the Alfa Forex website.

Alfa Forex provides several payment methods for funding your Alfa Forex account. You may utilize any of these deposit options if they are available in your region. Alfa Forex ensures that users have multiple payment methods to choose from, making it more convenient for verified Alfa Forex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Alfa Forex user's location. learn more about Alfa Forex funding and withdrawal methods.

Alfa Forex Payment Methods

Some Alfa Forex payment methods are local and are available only to specific regions. Alfa Forex account holders should check which payment methods are provided in your region.
  • Alfa Forex accepts Credit cards
  • Alfa Forex accepts UnionPay
  • Alfa Forex accepts Bank Transfer
Broker alfaforex IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available Alfa Forex and other broker payment methods depend on the clients country of residence.

How can I start trading with Alfa Forex?

To open a trading account with Alfa Forex, individuals can sign up on the Alfa Forex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Alfa Forex account validation and making a deposit. Once completed, Alfa Forex users can download the trading platform of their choice.

It's important to note that Alfa Forex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Alfa Forex maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Alfa Forex trading platforms is available on their website.

Your capital is at risk

Performing trades with Alfa Forex

When using Alfa Forex, the minimum trade size is typically $ 1 units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Alfa Forex have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using Alfa Forex can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Alfa Forex margin requirements can differ depending on the traded instrument.

CFD Trading on Alfa Forex

We will show you an example of the basics of using Alfa Forex leverage.

CFD trading on Alfa Forex allows traders to speculate on the price movements of various financial instruments against the broker Alfa Forex, without actually owning real assets. With CFDs, Alfa Forex traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Alfa Forex provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Alfa Forex leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Alfa Forex trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Alfa Forex leverage magnifies both profits and losses in trading.

Trading CFD trades on the Alfa Forex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Alfa Forex traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Education Resources at Alfa Forex

To trade effectively with Alfa Forex, it's important to have a good understanding of the Alfa Forex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Alfa Forex and externally.

Alfa Forex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Alfa Forex. Familiarizing yourself with the Alfa Forex trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Alfa Forex. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Alfa Forex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Alfa Forex, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Alfa Forex. Explore the Alfa Forex platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Alfa Forex, before live trading.

Customer Support at Alfa Forex

As part of our Alfa Forex review, we review customer service options, response times and problem resolution effectiveness on the Alfa Forex trading platform. The Alfa Forex trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Alfa Forex Available Support Types

Based on our experience, we have given Alfa Forex a D grade for customer support. We encountered some slow response times or Alfa Forex queries that were left unanswered.

Compared to other brokers, Alfa Forex offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Alfa Forex

Our team tested the live chat support of Alfa Forex and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested Alfa Forex support services in various countries and languages and found that Alfa Forex were able to effectively resolve our customer issues.

Email Support at Alfa Forex

We tested the email support of Alfa Forex by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Alfa Forex response.

The Alfa Forex team did resolve and answer our queries, but the email support from Alfa Forex was overall average compared to other brokers we have tested.

Phone Support at Alfa Forex

We contacted Alfa Forex via phone and received quick assistance within 10 minutes of our call.

The Alfa Forex phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Alfa Forex and found that they could assist us in various languages.

While we found the Alfa Forex phone support satisfactory, there is room for improvement in response time.

See how Alfa Forex Support Compares Against Other Brokers

Broker alfaforex IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Alfa Forex Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Alfa Forex

As Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

As a new client of Alfa Forex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Alfa Forex in your region. During the Alfa Forex account opening process, you will be asked to provide Alfa Forex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Alfa Forex have the following documents available.

  • Alfa Forex require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Alfa Forex compliance. This must be dated within the last six months.
  • If you plan to fund your Alfa Forex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Alfa Forex platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Alfa Forex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Alfa Forex's platform.

However, remember that you won't be able to make trades on Alfa Forex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Alfa Forex KYC compliance process as soon as possible to avoid any delays in accessing the Alfa Forex platform's features.

It is important to note that Alfa Forex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Alfa Forex platform and features immediately. However, you must pass the verification process to start live trading with Alfa Forex, which can take up to a few business days.

To start the process of opening an account with Alfa Forex you can visit the Alfa Forex trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://alfaforex.com/ on September 19, 2023.

Is Alfa Forex A Good Broker?

We have spent over 5 years examining Alfa Forex in depth. Although we found some very useful aspects of the Alfa Forex platform that would be useful to some traders. We feel that a alternative to Alfa Forex may better suit you.

  • Alfa Forex have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • Alfa Forex has a history of over 12 years.
  • Alfa Forex has a reasonable sized customer support of at least 10.
  • Alfa Forex are regulated by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Alfa Forex is subject to strict regulatory oversight from its respective jurisdiction, which holds Alfa Forex (the broker) accountable for misconduct. This regulatory framework helps ensure that Alfa Forex operates fairly and transparently and provides Alfa Forex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Alfa Forex.
  • Alfa Forex have regulation from reputable regulators.
  • One of the advantages of using Alfa Forex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Alfa Forex are particularly important as Alfa Forex traders want to receive their money quickly. With the efficient Alfa Forex payment processing system, traders can enjoy faster access to their Alfa Forex funds.
  • Alfa Forex have an international presence in multiple countries. Including local Alfa Forex seminars and training.
  • Alfa Forex can hire people from various locations in the world who can better communicate in your local language.

Alfa Forex Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Alfa Forex not quite right?

If after reading this Alfa Forex review, Alfa Forex does not fulfill your needs check out these Alfa Forex Alternatives.

Click here to view the best Alfa Forex Alternatives

We have spent years researching the best alternatives to Alfa Forex. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Alfa Forex alternatives available today. If you are unsatisfied with Alfa Forex or want to explore other options, we recommend checking out our carefully curated list of highly-rated Alfa Forex alternatives. Follow the links below to learn more about these Alfa Forex broker alternatives and choose the one that best suits your trading needs.

Related Alfa Forex Vs Comparisons

Throughout our comprehensive Alfa Forex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Alfa Forex against other popular brokers in the industry, check out our Alfa Forex Vs pages. Our team has compiled a series of detailed Alfa Forex comparison articles, pitting the Alfa Forex platform against some of the best-rated Alfa Forex competitors in the market. Dive into our informative Alfa Forex Vs pages below to find out how Alfa Forex stacks up against other leading brokers.

Alfa Forex review
ALFA FOREX Frequently Asked Questions

Read our detailed Alfa Forex FAQ Section updated for 2023.

Can I try Alfa Forex?

Alfa Forex offer a demo account so you can try the Alfa Forex platform with virtual trading before you put down a payment. Virtual trading with Alfa Forex is zero risk. Learn more here

What funding methods do Alfa Forex accept?

Please note that the list of payment methods below depends on the Alfa Forex Entity and the client's Country of Residence.

Alfa Forex offer the following funding payment methods Credit cards, UnionPay, Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is Alfa Forex safe?

Alfa Forex have over 10,000 users. Alfa Forex are considered reliable as they are regulated by and checked for conduct by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Any payments funded to Alfa Forex accounts by traders are held in a segregated bank account. For added security,Alfa Forex use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Alfa Forex is risky, and because the market is so volatile, losses could happen at any time.

Your capital is at risk

Is Alfa Forex trading good?

Alfa Forex is considered good and reputable to trade with Alfa Forex. Alfa Forex is used by over 10,000 traders and Alfa Forex users. Alfa Forex offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with Alfa Forex is 0.

Is Alfa Forex trading Legit?

Alfa Forex was founded in Cyprus in 2011. Alfa Forex has been facilitating trade on the financial markets for over 12 years. Alfa Forex offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to Alfa Forex are held in segregated bank accounts for security. Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) so can be considered legit.

Is Alfa Forex a good broker?

Alfa Forex allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Alfa Forex is overseen by the top tier financial regulators Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) so can be considered a good broker.

Is Alfa Forex trustworthy broker?

Alfa Forex is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Alfa Forex, money is in a segregated bank account that is separate from Alfa Forex company's funds. As a regulated broker, Alfa Forex cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Alfa Forex. Instead, your Alfa Forex funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Alfa Forex. Also Alfa Forex is regulated in its local jurisdictions including major financial regulators like Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

What is the minimum deposit for Alfa Forex?

The minimum deposit to trade with Alfa Forex is 0.

How long do Alfa Forex withdrawals take?

Withdrawing money from Alfa Forex processing time varies depending on the method but averages 1-5 days.

Is Alfa Forex regulated?

Alfa Forex is regulated by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Regulatory bodies conduct regular reviews and audits as part of Alfa Forex maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Alfa Forex a market maker?

Alfa Forex is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Alfa Forex even if no buyer or seller is lined up.

How can I start trading with Alfa Forex?

When opening a trading account with Alfa Forex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Alfa Forex trading platforms, you can follow the link provided below: Learn more about signing up with the Alfa Forex trading platform here. This will provide useful information and insights into the various trading platforms offered by Alfa Forex, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Alfa Forex?

Yes your money is safe with Alfa Forex.

Overall, strict financial regulation is essential for ensuring that trading platforms like Alfa Forex operate fairly, transparently, and responsibly, which ultimately benefits all Alfa Forex stakeholders involved.

Trading platforms like Alfa Forex must have strict financial regulation for several reasons:

  • Protecting Alfa Forex Investors: Strict financial regulation ensures that investors who use the Alfa Forex trading platform are protected against fraudulent or unethical behavior by the Alfa Forex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Alfa Forex platform.
  • Maintaining Alfa Forex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Alfa Forex trading platform. Regulatory procedures reduce the likelihood of the Alfa Forex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Alfa Forex Transparency: Regulations require trading platforms like Alfa Forex to maintain detailed records and disclose Alfa Forex client information. Financial regulatory requirements enhances transparency and helps to build trust between the Alfa Forex platform and its investors.

Alfa Forex is regulated by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). When selecting a broker such as Alfa Forex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Alfa Forex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Alfa Forex.

Is Alfa Forex a con?

Alfa Forex is regulated and well established, having been in business for over 12 years. Alfa Forex is not a con.

Can you make money with Alfa Forex?

Although traders have had great success with Alfa Forex, trading on the financial markets with Alfa Forex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Alfa Forex have fees?

Alfa Forex withdrawal fees vary on payment method.Alfa Forex does charge a fee for inactive accounts. Alfa Forex do charge deposit fees.

When was Alfa Forex founded?

Alfa Forex was founded in 2011.

How many people use Alfa Forex?

Alfa Forex is used by over 10,000 registered Alfa Forex users.

What is Alfa Forex Headquarters country?

Alfa Forex has its head quarters office in Cyprus .

Does Alfa Forex offer negative balance protection?

Alfa Forex does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Alfa Forex offer guaranteed stop loss?

Alfa Forex does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Alfa Forex allow scalping?

Alfa Forex offers scalping.

Does Alfa Forex allow hedging?

Alfa Forex offers hedging.

Does Alfa Forex offer CFD trading?

Alfa Forex offers CFD trading.

Does Alfa Forex offer STP?

Alfa Forex offers STP trading.

How many people use Alfa Forex?

Alfa Forex is used by over 10000 Alfa Forex users and traders.

Is Alfa Forex an ECN broker?

Alfa Forex offers ECN trading.

Does Alfa Forex offer a demo account?

Alfa Forex offers a demo account.

Does Alfa Forex offer an Islamic account?

Alfa Forex offers an Islamic account.

What are the funding methods for Alfa Forex?

Please note that funding methods and options available with Alfa Forex can be found in the Alfa Forex Members area and depend on the Alfa Forex clientโ€™s country of residence. Please check your specific available payment methods on the Alfa Forex website. Alfa Forex accept the following funding methods : Credit cards, UnionPay, Bank Transfer.

Alfa Forex review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Alfa Forex brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Alfa Forex review written by Mark Hansen of Comparebrokers.co