Alfa Financials Review
Alfa Financials is a global provider of online trading services. The company offers traders the ability to trade forex, CFDs, and precious metals on a variety of platforms, including the popular MetaTrader 4 platform. Alfa Financials is regulated by the CySEC in Cyprus and has been in operation since 2010.
The company’s headquarters are located in Nicosia, Cyprus. Alfa Financials also has offices in London, UK and Melbourne, Australia.
Alfa Financials offers traders a wide range of tradable instruments and account types. Traders can choose from 3 different account types – Standard, Platinum and VIP. All accounts come with 24/7 customer support and access to market analysis and education resources.
The Standard account requires a minimum deposit of $500 and gives traders access to leverage of up to 1:200. The Platinum account requires a minimum deposit of $25,000 and gives traders access to leverage of up to 1:400. The VIP account requires a minimum deposit of $50,000 and gives traders access to leverage of up to 1:500.
All accounts come with a free demo account so that traders can practice trading before committing any real money. This is an excellent feature for beginner traders who want to get started without risking any capital.
Alfa Financials provides its clients with a wide range of tradable instruments including major & minor forex pairs, commodities, indices, shares
Alfa Financials Pros and Cons
As one of the leading online brokers, Alfa Financials provides traders with a gateway to the global markets. This broker offers a wide range of financial instruments, including forex, CFDs, stocks, options, and futures. Alfa Financials is a regulated broker that is compliant with the strictest financial regulations.
Alfa Financials Pros:
-Alfa Financials is a well-regulated broker that is compliant with MiFID II and CySEC regulations.
-This broker offers a wide range of financial instruments for trading.
-Alfa Financials provides negative balance protection to safeguard traders’ funds.
-This broker offers account types that are suitable for both beginner and experienced traders.
-Alfa Financials operates a fast and efficient trading platform.
Alfa Financials Traders Ratings
Alfa Financials is a reliable and safe online broker that offers its clients a variety of financial products and services. The company is regulated by the Financial Services Authority (FSA) in the United Kingdom and is a member of the London Stock Exchange (LSE). Alfa Financials provides its clients with a secure online trading platform that is easy to use and comes with a variety of tools and features.
The broker offers its clients a wide range of tradable assets including forex, CFDs, commodities, indices, stocks, and ETFs. Alfa Financials also provides its clients with access to exclusive research and analysis from leading market experts. The company offers competitive spreads and margin requirements, as well as fast and reliable order execution.
Alfa Financials has won numerous awards over the years including the “Best Newcomer” award at the Finance Magnates Awards in 2016. The broker was also named “Best FX & CFD Broker” at the Online Personal Wealth Awards in 2017.
Conclusion
Overall, we found that Alfa Financials is a reliable and user-friendly online broker. They offer a wide range of assets and have some great features, such as copy-trading and social trading. However, they do have some drawbacks, such as high fees for withdrawals and a lack of customer support options. Overall, we would recommend Alfa Financials to beginner and intermediate traders who are looking for a user-friendly platform with a wide range of assets.