HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

Alfa-Forex Review and Information 2024

Alfa-Forex Information and Review Alfa-Forex
Voting Rating Alfa-Forex does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Regulation CySEC
Trading software MetaTrader4, MetaTrader5, ZuluTrade
Headquartered 3 Themistoklis Dervis, Julia House, 4th Floor, 1066, Nicosia, Cyprus

Alfa-Forex is a major global broker focused on clients from the CIS and European Union. Our mission is to provide our customers fast and convenient access to financial markets. We are a reliable partner and provide our private and institutional counterparties with a wide range of financial instruments and reliable IT solutions. The interests of our clients are protected by the European standards adopted by our local regulator CySEC (The Cyprus Securities and Exchange Commission). We are continuously developing new products and improving our existing financial product offerring that allow you to trade with maximum comfort and efficiency.

Alfa-Forex Trading Information 2024


WWW https://alfaforex.com/en/
Address 3 Themistoklis Dervis, Julia House, 4th Floor, 1066, Nicosia, Cyprus
Headquarters Nicosia, Cyprus
Free phone +357 22 470 969
Partnership programs
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24/5 trading
Hedging
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors 0.1-2
Maximum Leverage 200
ECN, $ 1
Standard account, $ 1
Mini account, $ 1
Popular payment methods Credit Cards, Bank transfer
Account currencies EUR, USD, RUR
Available assets Managers' investment accounts, Exchange currency at the market rate: EUR, USD, RUR, GBP, CHF, JPY
Languages English, Russian, Czech, Polski
Platforms MetaTrader4, MetaTrader5, ZuluTrade, mobile applications for iOS, Android
Broker type Bank, ECN, STP, NDD
Regulation CySEC
Foundation 1996

Alfa-Forex Traders' Reviews

My experience with Alfa-Forex spans approximately six months, and it's safe to say that it's been quite the rollercoaster ride. In this detailed review, I'll share my experiences, both positive and negative, to provide a comprehensive perspective on my time with Alfa-Forex. My initial foray into the world of Alfa-Forex was marred by losses, totaling more than $900. Like many traders, I faced moments of doubt and frustration. However, I was determined to persevere, believing that the key to success lay in continuing my trading journey. With this resolve in mind, I decided to make an additional deposit of $2000 to bolster my trading capital. To my satisfaction, the deposit process was swift, and I was able to resume trading promptly. To my surprise and delight, I managed to recover my previous losses and even turned a profit. At this juncture, I decided to request a withdrawal of my entire account balance, which seemed like the logical next step. However, my optimism was short-lived as my withdrawal request was summarily declined, without any explanation or justification. This abrupt refusal left me bewildered and frustrated, as I had hoped to enjoy the fruits of my trading success. Alfa-Forex later informed me that there were purportedly no trading orders associated with my account, thereby invalidating my profits. This revelation was deeply unsettling and called into question the integrity of the platform. In light of my experiences, I must emphasize the importance of conducting thorough research and due diligence before choosing a trading platform. My journey with Alfa-Forex serves as a cautionary tale, highlighting the risks that traders may encounter if they do not exercise vigilance when selecting a broker. While my personal experience with Alfa-Forex has been marked by both highs and lows, I urge prospective traders to proceed with caution. My inability to withdraw my profits has left me disillusioned and cautious about the platform's legitimacy. My time with Alfa-Forex has been a mixed bag, characterized by initial losses, a remarkable recovery, and ultimately, a disappointing withdrawal denial. While I cannot definitively label the platform as untrustworthy, I encourage potential clients to approach it with a discerning eye and consider alternative options to mitigate potential risks. Remember, in the world of online trading, thorough research and due diligence are your most potent tools for safeguarding your investments and ensuring a positive trading experience.
  16 Jan 2024  

Please login to start commenting.

All Alfa-Forex Reviews

Related Forex Brokers

# Forex Broker Overall Rating Status Reviews Type Regulation Leverage Account
1Register HFM trading accountHFMOverall Rating for HFM: 5 starsTrusted 259 Reviews and comments BrokerCySEC, FCA, DFS...2000:1$1
2Register Octa trading accountOctaOverall Rating for Octa: 5 stars 360 Reviews and comments BrokerSVG500:1$50
3Register FXCC trading accountFXCCOverall Rating for FXCC: 5 starsTrusted 219 Reviews and comments ECN, STPCySEC, SVG500:1$1
4Register FxPro trading accountFxProOverall Rating for FxPro: 4.5 starsTrusted 946 Reviews and comments Broker, NDDCySEC, FCA, FSC...500:1$100
5Register FBS trading accountFBSOverall Rating for FBS: 4.5 starsTrusted 520 Reviews and comments BrokerIFSC, CySEC, AS...3000:1$1000
6Register Vantage trading accountVantageOverall Rating for FBS: 4.5 stars 33 Reviews and comments BrokerVFSC, ASIC, FCA...1000:1$200
7Register MultiBank Group trading accountMultiBank GroupOverall Rating for MultiBank Group: 4 stars 19 Reviews and comments ECNSCA, MAS, CySEC...500:1$1000
8Register XM trading accountXMOverall Rating for XM: 4 starsTrusted 279 Reviews and comments BrokerASIC, CySEC, FS...1000:1$5
9Register FP Markets trading accountFP MarketsOverall Rating for FP Markets: 4 stars 33 Reviews and comments ECN, STP, DMAASIC, CySEC, FS...500:1$100
10Register AMarkets trading accountAMarketsOverall Rating for AMarkets: 4 starsTrusted 51 Reviews and comments BrokerMISA, FSA, FSC,...3000:1$100
11Register Errante trading accountErranteOverall Rating for Errante: 4 starsTrusted 4 Reviews and comments DMA, ECN, MMCySEC, FSA500:1$50
12Register IronFX trading accountIronFXOverall Rating for IronFX: 4 stars 224 Reviews and comments MM, ECN, STPFCA, FSCA30:1$100
13Register T4Trade trading accountT4TradeOverall Rating for T4Trade: 4 stars 79 Reviews and comments ECN, STP, MMSeychelles FSA1000:1$50
14Register RoboForex trading accountRoboForexOverall Rating for RoboForex: 4 starsTrusted 285 Reviews and comments Broker, NDD, STPFSC2000:1$10
15Register Exness trading accountExnessOverall Rating for Exness: 4 stars 657 Reviews and comments MM, NDDFSA, CySEC , FC...2000:1$1
16Register Just2Trade trading accountJust2TradeOverall Rating for Just2Trade: 4 stars 104 Reviews and comments BrokerCySEC, NFA, FIN...500:1$100
17Register MarketRocks trading accountMarketRocksOverall Rating for Just2Trade: 4 starsNewcomer 9 Reviews and comments MMn/a400:1$2500
18Register ModMount trading accountModMountOverall Rating for Just2Trade: 4 stars 11 Reviews and comments BrokerFSA400:1$250
19Register PowerStox trading accountPowerStoxOverall Rating for Just2Trade: 4 stars 88 Reviews and comments MMn/a400:1$2500
20Register FXNovus trading accountFXNovusOverall Rating for Just2Trade: 4 stars 17 Reviews and comments BrokerFSCA400:1$250

* Forex Broker Rating accepts no liability for any errors in the information, trading conditions and forex reviews. For the most recent information please visit the Forex Broker's site. If you want to compare several brokers or analyze their trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers.

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.