July 10, 2020

Top Forex Brokers

altrade broker reviewGeneral Information about Al Trade Broker

This broker is out of business.

Reviewed broker: Al Trade

Operated by Al Trade Inc.

Location: London, UK

Regulation: none

Established in 2003

Order execution: Market

Trading instruments: forex, CFDs for DAX futures, metals, binary options

Account Types and Trading Platforms

Account types: micro, mini, standard

Account currency: USD, EUR, RUB

Negative balance protection: yes

Demo account: available. A free Demo account is opened for 90 days! Upon expiration of this term the Demo account will be automatically deleted. You can always open a new Demo account upon expiration of the existing account. 

Minimum trade size: 0.01

Maximum leverage up to 1:500

Trading platform: metatrader 4

PAMM account: available

Fixed spreads starting from 1.5 pips plus commissions

  Micro Account Mini Account Standard Account
Minimal deposit $20 $200 $1500
Deposit currency USD, EUR, RUB USD, EUR, RUB USD, EUR, RUB
*Annual interest rate 2%  2% 2%
Firs Deposit Bonus 10% max. 100$ 50%  max. $5000 60%  max. $6000
Leverage 1:500 1:200 1:200
Floating spread, five digits from 1 pips from 0.8 pips from 0.5 pips
Minimum order volume 0.01 0.1 1
Minimum step volume 0.01 0.01 0.1
Scalping trading Available Available Available
Reqoute No No No
Margin for leverage 1:100 1% 1% 1%
Hedged margin 0.5% 0.5% 0.5%
Expert Advisor Yes Yes Yes
Orders execution Market Execution Market Execution Market Execution
Stop out 20% 20% 20%
Trading instruments  Forex, CFD, Metals, BO Forex, CFD, Metals, BO Forex, CFD, Metals, BO

Payment Options for Deposit and Withdrawal

Minimum deposit requirement: $20

Payment methods: credit cards, wire, webmoney

Promotions and Competitions

At the moment of this Review, the broker offered the following bonuses:

Change your broker and get (60%+15%) Bonus
Take part in such a profitable offer! AL Trade gives you an opportunity to get 60% Forex bonus from deposited amount plus 15% ($1500) bonus for moving from your previous broker  during the promotion period. 

Welcome Bonus $2000
 AL Trade offers to all new customers get welcome Bonus up to 20% from deposited amount ($2000 maximum).


Customer Support and Forex Education

Customer support: email, phone, online chat

Why Trade Forex with Al Trade?

List of services offered to the clients of Al Trade Broker are as follows:

  • Spreads from 0.5 Pips
  • Round-the-clock trading
  • Various currency pairs dealing
  • Binary Options
  • Gold (Spot) and Silver (Spot)
  • CFD on DAX Index Futures
  • Mini S&P500, Mini Nasdaq100
  • CFD on OIL
  • No commissions for Forex
  • Scalping accounts
  • Market Execution
  • Accept any Experts and Scripts
  • 5 digit pricing
  • Leverage from 1:25 to 1:500
  • Micro Forex from $20
  • Mini Forex from $200 
  • Standard Forex from $1,500
  • Accrual of 2% p.a. on the deposit
  • Accounts in USD, EUR

MetaTrader 4 The Latest Generation Platform

The MetaTrader 4 software lets the user carry out Forex and CFD financial markets’ trading operations in real-time. MetaTrader 4 is a very convenient; fully functional AL Trade Inc. platform. Expert Advisor can analyze market situations, make decisions, place delayed orders, and open positions online without trader participation.

The major advantages of MetaTrader 4 trade platform:

  • Convenient, intuitive interface
  • Flow trading without quote request
  • Quotes and news available online
  • Multilingual support
  • Integrated graphics and high quality display
  • Support for various time periods
  • Wide choice of technical indicators
  • Complete confidentiality for trading operations
  • Review and printing of completed deals for any period
  • Automated trade with the help of “Expert Advisors”
  • Ability to conduct transactions on one account from various terminals simultaneously

How was the rating of Al Trade performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Al Trade FX broker performance and features. 

Overall our online Al Trade review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Al Trade or you find inaccurate details Al Trade broker review please get in touch with us and the changes will be applied.