Alfa Forex Review: Pros, Cons, And How It Compares | Updated for 2025
This Alfa Forex review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Alfa Forex to give you the most comprehensive guide available.
Alfa Forex is a reputable broker that was founded in 2011. They have around 358 employees that help the company offer Financial Markets Access, to 10,000+ clients through MT4.
Alfa Forex Guide – Read our In-Depth Alfa Forex Review
Alfa Forex Rating: 4.73 / 10
This Alfa Forex review page contains information about investing with Alfa Forex. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Alfa Forex does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Alfa Forex review contains the most recent info about Alfa Forex.
If you're a new entrant in the world of trading online and brokers, so many facts will no doubt be confusing for you. Getting into the area of trading online requires expert analytical skills and comprehensive knowledge. You will acquire proficient at all the concepts of trading online and brokers while you keep trading. For starters, you have to choose the ideal agent who will consistently be transparent with you.
Within the fast-paced world of financial markets and online trading, you will need guidance to make proper decisions. A professionally lead investment online broker could aid you in minimising any losses and maximising any returns. Alfa Forex is one such broker which can assist you. It is important to know about any broker until you trust them with your money.
When engaging in online trading with platforms such as Alfa Forex, it's crucial to meticulously examine Alfa Forex as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your Alfa Forex investments to flourish. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and methodical in your Alfa Forex broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of Alfa Forex, its track record, and reputation is vital. Moreover, ensure the Alfa Forex broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, Alfa Forex should be a trusted partner on your trading journey.
Our team has strived to simplify the intricate world of trading with Alfa Forex into easily understandable information in this Alfa Forex review. Our goal is to equip you with the knowledge necessary to confidently use Alfa Forex trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Alfa Forex are the cornerstone of successful trading. As such, we've provided this in-depth Alfa Forex review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Alfa Forex and how it can work to your advantage, or if Alfa Forex might not be the right fit for you.
Alfa Forex Review for 2025 – Brief Summary
| Alfa Forex Telephone: | |
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| Year Founded: | 2011 |
| Regulated By: | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Hedquarters: | Cyprus |
| Minimum Deposit: | $0 |
| Number Of Clients: | 10,000+ Alfa Forex users and traders |
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| Alfa Forex Facebook Likes: | 0 |
| Alfa Forex Twitter: | @ |
| Alfa Forex Twitter Followers: | 0 |
| Alfa Forex Instagram: | |
| Alfa Forex Instagram Followers: | 0 |
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Your capital is at risk |
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Our entire Alfa Forex review for beginners covers everything you will need to learn about trading with Alfa Forex. A fantastic agent can take your initial investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
Of course, there is no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you choose them. It is a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
Alfa Forex is a trading partner that has paved its way successfully to the broker world. Within this review, we've attempted to collate some of the important aspects of Alfa Forex. This guide will help you to learn whether Alfa Forex is a good fit for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Who are Alfa Forex?
Alfa Forex is a foreign exchange broker with its headquarters in Cyprus and provides a range of tools for online trading. Since its start in 2011 they have emerged as a top player in the industry of online trading. Alfa Forex has an extremely aggressive and full-featured trading website that is focused on forex, indices, metals, shares, commodities.
Over the past 14 years, Alfa Forex has developed into one of the top online brokers available to the public.
After being founded in 2011, their consumer base has become as large as 10,000+ clients.
Alfa Forex is a favourite for many traders . Our Alfa Forex account review found that they're a superb platform for online trading solutions. They're most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading options are the heart at Alfa Forex.
Technology plays a significant role in Alfa Forex. They offers trading on MT4. Alfa Forex is honest, transparent, and also a well-regulated agent by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house research.
The educational department at Alfa Forex is very enlightening for new traders as it allows them to get a closer look in the financial markets. Alfa Forex caters to all types of traders and are a must-have broker for almost any well-diversified approach to online trading.
Benefits of online trading with Alfa Forex in 2025
Trading with Alfa Forex includes numerous advantages. These advantages are what sets Alfa Forex ahead of all other online agents. You should check all the benefits listed so you have a better understanding of Alfa Forex.
The broker goes to great lengths to comprehend what dealers need. Consequently, the support, fast, and convenient. The broker also gives a variety of programs for all kinds of traders. Alfa Forex helps to ensure that the individual needs of all traders are met to the best of their capabilities.
Alfa Forex also features excellent trading conditions that are readily available to all and not just an elite class of institutional customers. The tight spreads and fast executions are a great advantage for all traders. The technology adopted by Alfa Forex is among the maximum caliber, ensuring that it is fast, reliable, and effective.
Alfa Forex admits the significance of having a fast order execution. A fast implementation enables users to exchange without worrying about slippage safely. It is going to also help the traders to grab any opportunities.
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Alfa Forex offers social trading which encompasses leading traders sharing their knowledge with the community. Alfa Forex's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
Alfa Forex has over 30 trading instruments to support all types of traders. These instruments are lively and convenient for both the new and seasoned traders. All dealers can set aside all their concerns when trading with Alfa Forex.
Alfa Forex Overview
Year Founded: 2011
Regulated By: Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Hedquarters: Cyprus
Minimum Deposit: $0
Number Of Clients: 10,000+
Your capital is at risk
If you feel that Alfa Forex is not right for you then at the bottom of this Alfa Forex review you will find a lot of alternatives to Alfa Forex.
What you ought to know about trading with Alfa Forex
Alfa Forex is a lively platform that provides various methods of trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms offer less approaches than Alfa Forex
If you wish to trade with Alfa Forex, you'll need a minimum deposit of $0. This deposit is mandatory if you would like to begin trading with Alfa Forex. This 2025 Alfa Forex review will direct you easily about trading with them.
Alfa Forex is as flexible as another brokerage platform. Alfa Forex is excellent for traders that want a manageable selection of low-cost services. The programs offered by Alfa Forex are third-party, white-label offerings. All traders can select from MT4
Along with everything, Alfa Forex has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction must be kept open. The brokers offer premium customer service which rewards clients with benefits.
Many less reputable brokers try to pressurise consumers into bigger financing for superior services. Alfa Forex, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will become available.
Alfa Forex accounts are available all over the world and provides excellent service everywhere they have customers. There are a few countries where Alfa Forex accounts are not available. Traders in the following countries cannot open or use a Alfa Forex account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Alfa Forex Safe To Trade With In 2025?
Established in 2011, Alfa Forex has been in operation for 14 years, they have a head office in Cyprus
Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). These figures have rules that mandate that trading platforms have ploicies in place to maintain investor's assets procured. This usually means that Alfa Forex users don't need to be worried about their money since it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information also.
You can make use of a choice for 2 Factor Authentications (2FA) with Alfa Forex for increased security. An SMS for the verification code will be sent to your phone. You will be asked to input this code to log into your account.
Another concern with online brokers is in regards to security may be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is much more widespread in the case of Market Maker brokers who compete with users on the platform.
Alfa Forex Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Alfa Forex
Every online trading platform has some ups and downs, and no Alfa Forex review would be complete without showing both sides. This Alfa Forex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Alfa Forex Pro's
Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Alfa Forex has been trading for 14 years.
Alfa Forex offers customer support over the phone.
Alfa Forex provides customer support over email.
Alfa Forex gives access to customer support over livechat.
Alfa Forex has a low minimum deposit requirement.
Alfa Forex has over 100 employees.
Alfa Forex offers social trading.
Alfa Forex allows scalping.
Alfa Forex allows hedging.
You can trade metals with Alfa Forex.
You can trade energies with Alfa Forex.
Alfa Forex Con's
Alfa Forex is not highly rated by us. Alfa Forex hasn't won any awards. Alfa Forex doesn't offer guaranteed stop loss. Alfa Forex doesn't offer negative balance protection. Alfa Forex charges withdrawal fees. Alfa Forex charges inactivity fees. Alfa Forex doesn't have a wide range of trading instruments. You can't trade Cryptocurrencies with Alfa Forex. Alfa Forex doesn't offer copy trading. Alfa Forex doesn't allow commodity trading.Compare Brokers Similar To Alfa Forex
Regulation And Licencing In More Detail
Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Alfa Forex, as a company, has a powerful set of rules for ensuring honest trading onto its platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client data is to not be shared with some other institutions or individuals. Including credit history and other financial details.
Alfa Forex Awards
At the time of writing this Alfa Forex review, and despite Alfa Forex’s impressive offering, the company has surprisingly not garnered any awards to date.Alfa Forex Trading Platforms
Alfa Forex are a reputable broker that has been open for over 14 years. They offer a large range of options in their client accounts.
Below we take the main parts of any good broker and compare Alfa Forex against Startrader, and freetrade.
Alfa Forex MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Alfa Forex in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Alfa Forex MetaTrader 4 is compatible with the latest macOS. Alfa Forex allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Alfa Forex
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Alfa Forex MetaTrader 4 On iOS Devices
You can download the Alfa Forex app or also trade with Alfa Forex through the MetaTrader 4 application on the Apple app store.
Download the Alfa Forex MetaTrader 4 Program free of charge from Apple's App Store. Alfa Forex customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Alfa Forex MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Alfa Forex provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Alfa Forex MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to get started on Alfa Forex is $0. This is a decent amount for those just starting out. You can make more advanced residue as you go along. However, make certain that you understand how to make the most of your cash before investing larger amounts.
Commission And Fees Explained
Alfa Forex is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these instances, you're paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those that are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for things like depositing money, not investing for lengthy periods, or withdrawals.
In general, Alfa Forex doesn't charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by Alfa Forex are comparatively higher. Consequently, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These are not about the sale and purchase of resources.
This Alfa Forex review breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees Of Alfa Forex
Alfa Forex Withdrawal Fees Explained
Alfa Forex charges a withdrawal fee if you create a bank transfer. Every time you transfer money back into your bank accounts, these withdrawal fees become applicable.
Withdrawal of cash is possible at any time from the Alfa Forex account. You can withdraw up sums to the amount of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't necessarily need to have any money in your account.
Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the cardAlfa Forex will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are opting to withdraw in.
Alfa Forex Inactivity Fees Explained
Alfa Forex charges an inactivity fee when you don't make any trades for a while.
Even if no fees are indicated by Alfa Forex, it is best that you close the account if you are inactive. Inactivity fees are not just charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is subjected to a lot of circumstances and should be revealed clearly by the broker beforehand.
Alfa Forex Deposit Fees Explained
When you transfer money in your trading account by the bank account, a deposit fee can be charged by the broker. Most agents don't charge an excessive amount of money for this particular operation.
Alfa Forex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Alfa Forex trading platform is easy. You simply have to complete a single-user profile survey to begin depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit large amounts.
Compare Alfa Forex Vs Other Broker Deposit Methods
What Can You Trade With Alfa Forex in 2025?
Note: Alfa Forex offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different based on the country of residence of the client.
Alfa Forex has a wide variety of over 30 instruments available for you to trade with.
If trading currency pairs is of interest to you then Alfa Forex offer over forex pairs.
Compare Alfa Forex, Startrader & freetrade below.
Alfa Forex Trading App Review
Note: Alfa Forex's mobile app has a lot of functionality and is being constantly improved. The below information was correct at the time of compiling this Alfa Forex broker review.
Understand the capabilities of the mobile apps of Alfa Forex, Startrader & freetrade below.
Trading Education Available At Alfa Forex
Understand the trading resources available with Alfa Forex, Startrader & freetrade below.
Alfa Forex Customer Support
While collating our Alfa Forex broker review we examined the customer service options, response times and on the Alfa Forex trading platform issue resolution effectiveness. Alfa Forex support many languages, including English, and Chinese
Alfa Forex Live Chat Support
We have tested the livechat experience with Alfa Forex, and it was very effective. We have sent messages via Alfa Forex livechat via their app and web site and recieved a response in less than 20 seconds. On Occasion there was no response.
We have tested communication via Alfa Forex support in a variety of languages across multiple countries. Alfa Forex were able to resolve our customers' issues.
Alfa Forex Phone Support
We phoned Alfa Forex and the call was responded to very quickly. We were able to have the call answered in less than five to ten minutes.
The Alfa Forex phone support team was able to successfuly answer our questions and issues via phone. We tested the multilingual Alfa Forex team by calling in varying languages. Alfa Forex made an effort to ensure all of our questions were answered.
The overall phone support provided by Alfa Forex was good.
Alfa Forex Email Support
We sent several emails to Alfa Forex and answer times overall were acceptable. The fastest email response from Alfa Forex was 2 hours, while the slowest response was 12 days! Sometimes , there wasn't a response. Support response times can vary depending on what is needed from Alfa Forex, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. The overall average of email support provided by Alfa Forex was acceptable.
Alternatives To Alfa Forex
If, after reading this Alfa Forex review, they don't quite fulfill your needs check out these Alfa Forex alternatives.
We've scoured the internet to find the best alternatives to Alfa Forex. Click the links below to learn more.
Frequently Asked Questions
Can I try Alfa Forex before I buy?
Yes, you can most certainly try Alfa Forex before you buy. Alfa Forex provides demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up for a demonstration account on Alfa Forex, you may set out with a decent amount of virtual money. It's to establish a sense of safety and confidence in you before you decide to spend your own money.
With this virtual Alfa Forexdemo account, you are able to experiment at all, to whatever period you desire. You might also open positions, test different trading approaches, and much more.
Alfa Forex shows on its official website how you are able to trade real time stocks with your demo account.
Is Alfa Forex safe?
You can drop all of your worries because we believe that Alfa Forex is perfectly safe to use. It's in compliance with all the principles of Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Nevertheless, Alfa Forex does not give assured stop-loss protection.
Why does Alfa Forex ask for my passport?
The reason that Alfa Forex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Alfa Forex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Alfa Forex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Alfa Forex?
The process to start trading with Alfa Forex is super simple. You need to begin by signing up on the Alfa Forex website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Alfa Forex are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Alfa Forex is $0. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Alfa Forex.
The best way to kickstart your trading career with Alfa Forex is to open a demo account facility before risking any real money
What funding methods do Alfa Forex accept?
There are a number of ways to fund your accounts with Alfa Forex. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must keep in mind that PayPal is not available in all place. The currencies Alfa Forex accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, even though it takes approximately 4-7 days.
Is my money safe with Alfa Forex?
Yes, your money is safe and secure with Alfa Forex. As you already know, Alfa Forex operates with good conformation to regulations. It has established plenty of measures to protect all of its own investors.
Alfa Forex safeguards its clients' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, it is possible to empower Two-Step Verification also. It requires an SMS confirmation for you to get your account.
Is Alfa Forex trading good?
Yes, trading through Alfa Forex is a nice and decent experience indeed. It's a great and intuitive platform with useful features for your simplicity. Moreover, you can also obtain access to a vast selection of educational resources and assistive material to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Alfa Forex support?
Alfa Forex operates around the globe. However, due to regulations Alfa Forex can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Alfa Forex legit?
Alfa Forex is a legit company headquarted in Cyprus since 2011. They are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Alfa Forex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Alfa Forex a good broker?
Alfa Forex is a great agent, and its users may vouch for it. The highlight of this platform is its fast order execution on transactions.
You will find the clean layout of this platform and the admirable features that are pleasant to work with.
Is Alfa Forex a trustworthy broker?
Yes, Alfa Forex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Alfa Forex?
The minimum deposit to open a live account with Alfa Forex is $0
How long do Alfa Forex withdrawals take?
Normally, withdrawal of money from Alfa Forex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Alfa Forex to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Alfa Forex regulated?
Alfa Forex are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Is Alfa Forex a market leading broker?
Alfa Forex is indisputably among the business leaders. It supports over 10,000+ registered users and over 14 years of expertise on its record. They're among the world's leading trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide selection of tools plus resources so you may invest in capital markets.
Is Alfa Forex a con?
No, Alfa Forex is not a con. They are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) and must adhere to their rules. Thus, it is safe to say that Alfa Forex is not a scam.
Can you make money with Alfa Forex?
Through Alfa Forex, many traders earn a lot of cash. However, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but over the year, this adds to a substantial amount of gains. While Alfa Forex provide you all the tools to earn money, they can't guarantee that you will profit.
Does Alfa Forex have fees?
Yes. To start trading using Alfa Forex, you have to deposit $0. Particular commissions while trading also applies. Any processing fees from your bank might need to be incurred by you.
When was Alfa Forex founded?
Alfa Forex was founded in 2011 in Cyprus. Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
How many people use Alfa Forex?
Alfa Forex is a worldwide recognised broker with 10,000+ customers.
Where is the Alfa Forex head office?
Alfa Forex has its head office in Cyprus
Does Alfa Forex offer negative balance protection?
No. Alfa Forex does not provide negative balance protection. If your balance is unfavorable, Alfa Forex suggests you promptly contact customer services. For this, you are able to fix any imbalances in your account.
Does Alfa Forex offer guaranteed stop loss?
Alfa Forex, regrettably, does not provide guaranteed stop loss. Alfa Forex provides a chance for its dealers to close their trades at their given price. Apart from that, Alfa Forex does not offer guaranteed stop loss.
Does Alfa Forex allow scalping?
Yes, Alfa Forex does allow scalping. Many traders throughout the world select Alfa Forex due to their services that are trading. They offer trading on MT4 which allow this.
Does Alfa Forex allow hedging?
Yes, Alfa Forex does allow hedging.
Can you trade energies with Alfa Forex?
Yes, you can trade energy stocks with Alfa Forex
Can you trade agricultural shares with Alfa Forex?
Yes, you can trade agricultural stocks with Alfa Forex
Can you trade cryptocurrency with Alfa Forex?
No, unfortunately you cannot trade cryptocurrency with Alfa Forex
Can you trade metals with Alfa Forex?
Yes, you can trade metals with Alfa Forex
Can you trade UK Shares with Alfa Forex?
Yes, you can trade UK shares with Alfa Forex
Can you trade US Shares with Alfa Forex?
No, unfortunately you cannot trade US shares with Alfa Forex
Can you trade Japanese Shares with Alfa Forex?
No, unfortunately you cannot trade Japanese shares with Alfa Forex
Can you trade German Shares with Alfa Forex?
No, unfortunately you cannot trade German shares with Alfa Forex
Does Alfa Forex accept bank transfers?
Yes, Alfa Forex accepts bank transfers for depositing money.
Does Alfa Forex accept credit cards?
Yes, Alfa Forex accepts credit cards for depositing money.
Does Alfa Forex accept PayPal?
No, Alfa Forex does not accept PayPal.
Does Alfa Forex accept Skrill?
No, Alfa Forex does not accept Skrill.
Does Alfa Forex accept Payoneer?
Yes, Alfa Forex accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does Alfa Forex accept Neteller?
No, Alfa Forex does not accept Neteller.
Does Alfa Forex offer Live Chat customer support?
Yes, Alfa Forex offers customer support through live chat.
Does Alfa Forex offer phone customer support?
Yes, Alfa Forex offers customer support over the telephone.
Does Alfa Forex offer email customer support?
Yes, Alfa Forex offers customer support through email.
What languages can Alfa Forex communicate in?
Alfa Forex has the ability to communicate and support customers who speak: English, and Chinese
Does Alfa Forex have a wikipedia page?
No, Alfa Forex does not have an official wikipedia page.
Does Alfa Forex offer demo accounts?
Yes, Alfa Forex offers demo accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
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