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Alfa Financial Broker Review

General Features of Alfa Financial

Broker in review: Alfa Financial

Established in 2010

Location: Dubai

Regulation: Central Bank of U.A.E.

Account, Payments and Trading Conditions

Trading instuments:  50+ CURRENCY PAIRS - MAJORS, CROSSES AND EXOTICS

 

Demo account: yes

Trading platforms: AX1Trader, MetaTrader 4

Web-based platform: not available. In order to trade with Alfa, you have to download the respective software. There is no other way to trade.

Minimum deposit: initial deposit of $10000 to open a live trading account after you have completely read, understood, and acknowledged how to use the trading platforms by using AX1 Trader Demo.

Live Trading accounts are usually set up within 1 business day, once all the forms are filled and submitted along with the supporting documents.

Payment options: wire transfer

Currency pairs: 50

Spread types: fixed

Spreads: 1 pip

Maximum leverage: 1:100

Commissions: $15 per round-trip trade

 Customer support: phone, skype, email

Advantages of Trading with Alfa Financial Review

  • Advanced platforms and a custom-trading environment tailor-made for a diverse clientele.
  • A fair and ethical trading environment for all clients regardless of their net capital worth, the size of their investment, or their account type.
  • Licensed and regulated by the Central Bank of the U.A.E., Dubai Chamber of Commerce and Industry and the Economic Department of Dubai since 1993.
  • Fast execution and liquidity, automated withdrawals of trading profits and secured funds deposits in segregated accounts.
  • Efficient client coverage 24/5.
  • High leverage/ low margin requirements - offering traders leverage of up to 1:100.

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