Unfortunately, I found too late that broker is not regulated. I'll tell you what it means. You need to rush to withdraw funds from account. The risk level is extremely high if you keep on working with them. I'm sure they offer great opportunities such as bonuses up to 66% and 0.5 pip spread but it's nothing comparing to worst-case scenario that might happen with unregulated fx broker!
I strongly disagree with comments below. You always can find better fx broker and it's not a big problem. But it can't make your account balance grow. This one is offering enough quality to place orders and trade currencies. And I don't see that ALtrade prevents to do so. Again, if we speak of overall services then I can guarantee that it works well. Broker provides everything you need. Sure, if trader wants to use HFT then it's not gonna work. But if your trading style is using intraday strategies than keep on trading here.
I hope it's not bad being able to open $20 account, it's even much better to get 100% bonus on deposit when you really get it. Since my deposit, I was surprised that there is no bonuses on such a small amount. Let me make it clear, you will not get deposit just because you open account. Looks like a standard marketing scam. You see info about bonuses up to 100% but if you read carefully, you find that maximum bonus size is 60% with minimum deposit from 1500$. This is what you definitely don't want while planning to trade binary options. I don't trust al trade just only for such a confusing marketing strategy.
account 2171598, did withdrawal already several times. Trade conditions didn't change - the minimum spreads - and very fast execution. The only thing - adviser don't work - it is probably necessary to ask, but they aren't necessary to me.
At times forex newbies get lost facing myriads of offers from various brokers, with only prime and positive information and prognoses bunched up on their sites. How to choose a broker that won't snatch all your hope away? Communicating with more experienced currency traders and reading reviews about forex brokers will help you gain insight into the subject and to understand how much trust this or that broker deserves.
AL Trade section is dedicated to the comments and reviews of the traders who either currently trade with this broker, or have had such an experience in the past, or are about to open a trading account with the broker soon.
Positive estimates about the broker do not give an absolute guarantee of successful trading with them; at the same time, negative statements do not necessarily mean that you are to remain in discontent after you become their client.
Each trader eventually has to make an individual decision, whereas other clients' reviews just help to get an overall picture. Judgments on AL Trade can be favorable or opposed to the company, they comprise various issues related to trading operations or customer services; only the authors of these reviews are responsible for what they write about and in which manner they do it.
It has to be clearly understood that comments and reviews reflect only the subjective opinions of their authors. However, in any case forex beginners should pay proper attention to the views and evaluations of their 'cunning fellows' and to be very careful in choosing a broker.
AL Trade Inc. offers round-the-clock trading with various currency pairs, as well as in Gold (Spot), Silver (Spot) and CFD on DAX futures. Broker AL Trade offers its corporate and private clients the ability to trade in currency markets through the MetaTrader 4 trading system online and in real...
Regulation: Not regulatedAL Trade trading information