Alfa-forex Review

Alfa-forex
Free training
Visit Broker

Overview

ALFA FOREX LTD. providing services branded Alfa-Forex houses within Alfa-Bank “banking group”. Banking group is a part of “Alfa-Group” Consortium.

Read Full Review
Read Users Reviews

Details

Broker Alfa-forex
Website URL www.alfa-forex.ru
Founded 2003
Headquarters 107078 Moscow, 12 Akademika Sakharova prospect (10 floor)
Support Number 8-800-100-62-02 or 8 (495) 785-96-69
Support Types Chat, telephone, callback, e-mail
Minimum 1st Deposit $1
Bonus Free training
Leverage 1:200
Spread from 0,01 points
Free Demo Account Open Demo
Regulated Yes
Regulation FSC № SIBA/L/13/1058
Deposit Methods Credit/debit cards, bank transfer, Alfa-click, Qiwi, [email protected], Yandex Money, Webmoney etc.
Withdrawal Methods Credit/debit cards, bank transfer, Webmoney
Option Types Forex, precious metals, indexes, CFD
Trading Currency USD, EUR, JPY, GBP, AUD, CHF
US Traders Allowed No
Mobile Trading Yes
Overall Score 7/10

Full Review


Alfa-Forex is the one of the high-profile Russian Forex brokers. Being a part of well-known Alfa-Bank made it popular in exchange market. Alfa-Forex houses in Alfa-Bank and both of them are a part of the investment conglomerate “AlfaGroup”. Such structure is the basic competitive advantage of Alfa-Forex as the bank may serve as liquidity supplier for its own dealing center. Alfa-Forex broker works long, or rather since 2003, even though it has no representative offices outside of Russia.

Among options provided for customers the good analytics, scanning financial news right during trading, training etc.
For trading by Alfa-Forex, traders are offered to choose from the presented trading terminals: well-known Metatrader 4 and Metatrader 5, including their mobile versions. Note that the broker was the first one who applied Metatrader 5 platform for trading with Forex. As well as versatile trading platform Act Trader, which is one of the most popular ones in the world. Besides, the trading platform Zulutrade created for direct copying transactions of successful traders.

By the way, there is an interesting option TradeWall available on the website of Zulutrade service, which allows keeping eye on transactions online, completed by traders from rating. Apart from this users are provided with PAMM investment service for independent trading.

The following options of trading tools are available for trading:

  • currency pairs;
  • contracts for difference (CFD) (over 100 tools);
  • precious metals;
  • forwards and bonds for USD/RUR.

 

Opening an account, deposit and withdrawal methods

An account can be opened online, through the broker website, and the sign up itself takes just some minutes. The broker does not call for the minimal deposit, which makes feel good new traders with a small start deposit amount. Placing deposit is possible both through plastic cards and bank transfers (transfers through Alfa-Bank are commission free), Webmoney, Web interface Alfa-click adapted for the most used payment service providers in Russia. The withdrawal may be effected through Webmoney, bank transfers and cards. All transfers with Alfa-bank cards are commission free.

If we find complaints about Alfa-Forex, we will post it on social media. Follow us to be well informed:

 

Regulator

By the end of 2015 the process of customer transfer from Alfa-Forex to Alfa Capital Holdings (Cyprus) Ltd. service. The customers of the company are protected by European standard of CySEC regulator – Cyprus Securities and Exchange Commission, license no. CIF025/04, registration no. HE 78416.

Check Alfa Forex license on CySEC.gov.cy

 

Conclusion

The partnership with Alfa-Bank, one of the high-profile Russian banks, no call for a minimal deposit and commission free cash-in/cash-out – all these important advantages may happen to be crucial for those contemplating on opening an account for Forex trading. Certainly Alfa-Forex is one of the leaders of online trading in Russian market, with intuitive option set and nice conditions for smooth trading. The choice for this broker will be optimal for many traders as here are all elements for efficient and successful trading.

Similar Posts:

Visit Broker

Reviews