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Alfa-Forex overview

Our opinion Recommended
License TSBRF, TSROFR
Trading software MetaTrader 4, MetaTrader 5, ZuluTrade, ActTrader
Trading conditions
Minimum deposit – 0$
Leverage: 1:100
Demo: Yes
Spread: from 0.7 pips
Commissions: 0
Address

107078, Moscow, Prospekt Akademika Sakharova, 12 (10th floor), Phone number in Russia: +7 (495) 785-96-69 E-mail: mail@alfaforex.ru

Official website www.alfa-forex.ru/en

Alpha Forex presents a link in a big chain of a huge consortium created in 1989. It is all about the Alpha Group. One of the results of this investment giant became the creation of Alpha Bank that belongs to a big bank union. In its turn, the trade mark Alpha Forex belongs to ALFA FOREX LTD, one of the branches in the interest area of Alpha Group.

Besides the banking business, the interest area of Alpha Group includes:

* Production of power resources (gas and oil);

* Work on the retailing market;

* Functioning in water disposal;

* Setting up of water supply;

* Insurance business;

* Telecommunications etc.

At the moment Alpha Group is rightly considered to be one of the most successful investment companies belonging to the private sector.

Purpose of creating Alpha Forex

The Alpha Forex DC directly was created in 2003. In respect that the average value of daily returns makes out over ten billion dollars, it is easy to guess, why the decision of participating on the international currency market became a logical continuation of the business carried on by Alpha Bank; for such a big market maker, Forex acts as a perfect platform for increasing its capital.

The main idea of the new financial project was providing the best service to the traders, what had to help to fight off competition and firmly take one of the leading positions. If today we will wonder, what feedbacks about Alpha Forex are being left by the clients on many independent forums, we can acknowledge that the company has reached the set goals.

Structure and guarantees

Like the ECN broker, Alpha Forex has undergone the procedure of official registration on Virgin Islands (Britain). The head office of the company is located in Moscow, and besides that, there is a web portal that is performing the representation on the Internet on behalf of the Alpha Forex company, the website of that can be visited at the following address: alfa-forex.ru. At the moment there are over eight dozens of the company’s offices in Russia, which are serving clients in regions. Though Alpha Forex has its interests in other countries, the company doesn’t have any foreign subsidiaries yet.

The DC has received a license for carrying out the broker activity from the Bank of Russia, and besides that, as its regulator act:

* Control center of financial market relations;

* Federal service for financial markets.

Besides that, Alpha Forex performs hedging of all clients’ deals on Forex, showing all its interest for the fact that the traders that have chosen this DC could earn constantly and make long-term plans about the following mutually profitable collaboration. This approach in combination with the safety level demonstrated by the Alpha Group parent company, give evidence that Alpha Forex in interested in the focus only on victory.

Working conditions

Alpha Forex has aggressively entered the marked having offered the traders several know-how at once, which have provided a big inflow of clients into the company. Particularly, this broker was the first one who put into operation Meta Trader 5 – the professional new-generation trading platform. The second key peculiarity, thank to which the reviews about Alpha Bank Fore with a positive mark started multiplying on the Internet, is the narrow spread. For example, for the most popular currency pair among traders: EUR/USD the spread made out from 0.7 point!

Besides that, the list of advantages of working with Alpha Forex includes:

* Executing orders without unpleasant slippage;

* Commission-free recharge and withdraw of funds from the trading account;

* Special software for comfortable work with iOS and Android;

* On Alpha Forex the minimal deposit has no amount limitations.

At the moment, you can trade with Alpha Forex not only by using the innovative platform Meta Trader 5, but also:

* classical Meta Trader 4;

* Zulu Trade; – mobile МТ.

Trading tools

Besides currency pairs, the traders that will choose Alpha Bank Forex, can also work with contracts for differences of:

* oil;

* corn;

* coffee;

* wheat.

Popular indexes are also available for trade: NASDAQ, Dow Jones etc.

Alpha Forex PAMM

Aside from the direct trading private investors can use the service for opening an Alfa Forex PAMM-account. For this, there is a honest rating of best managers, where in a special table the duration and profits of their activity on Forex is given.

So, every investor can choose several most acceptable for the variant, where the correlation “risk-profits” will be in line with his concept of profitable capital injection; and when taking in account the advantages provided by Alpha Forex, there are more and more good managers day by day.

Instruction

To let the traders trade long and constantly, there is a foreseen program of instruction. Depending on wishes and competence level, every trader can use:

* special interactive classes, where he will be taught how to analyze diagrams and mark key figures”

* get an access to the special Alpha Forex text book (free);

* work on a demo-account using practical recommendations of professional traders.

Analytics

On the official website of Alpha Forex the detailed analytics is working, which can provide a big help by working on the international currency market. It presents a complex analysis on account of different methods of price movement forecasting. Here there is also an economical calendar (support of a fundamentalist) and an everyday technical forecast of all popular pairs as well as comments of professional traders and many other things.

That’s why every trader, no matter if he prefers technical or, maybe, fundamental analysis, can find a lot of useful things on the resource Alpha Forex. Using analytical forecasts made by qualified experts, you can not only trade with prompts, but also use them in support of the signals of your own trading strategy.

Additional info

Alfa-Forex
On FOREX market since 2003
One of the biggest international brokers on FOREX market
Client deals are provided with the liquidity cushion of the biggest market makers on Forex market
Alpha Forex hedges all client deals on the market
Services Alfa-Forex
Variety of trading platforms: MetaTrader 4, MetaTrader 5, ZuluTrade, ActTrader
Free training account with an unlimited deposit
Mobile trading
Flexible system of deposits and withdrawals
24 hour support
Technical and fundamental analysis, economic calendar
Official site
Advantages Alfa-Forex
Minimum deposit – $ 0
Order execution without slippage
Leverage - 1:100
32 currency pairs, precious metals and CFDs
Create an account in Alfa-Forex

Reviews of Alfa-Forex

Andrew
Review for a Broker:

Alfa-Forex

# Reply
I have no idea how they are going to gain profit with such gorgeous conditions… but I would like to try trading with dollar, just to satisfy my curiosity.
Robert
Review for a Broker:

Alfa-Forex

# Reply
It’s a good company, everything is fine. Everything is stable here like in a bank, and this is the most important point. I like that spreads are low. I didn’t work with their technical support department much, actually, I didn’t work with them at all, because I had no reason to call and solve any technical problems. But I called their hotline and I liked the way they replied my questions. They replied correctly. The terminal is quite usual, nothing special.
Aaliyah
Review for a Broker:

Alfa-Forex

# Reply
They have the best conditions for ruble/dollar trade. Spread is very low. Many companies have set limits since December, but Alfa-Forex has the best offer.
Angel
Review for a Broker:

Alfa-Forex

# Reply
It’s a responsible broker. They have nice trading conditions. I work with them for over 2 years and this far have no complaints.
Kate
Review for a Broker:

Alfa-Forex

# Reply
I made a withdrawal in the December. I still got no money set on my account. It is April already. They politely answer my calls, but they palm me off with promises. If you decide to work with them, think twice before you do.
Jamie
Review for a Broker:

Alfa-Forex

# Reply
I trade using Alfa for several years and had no significant problems yet. Surely spreads get wider, but it is just natural. I do not trade on the news, my orders shift, but only reasonably. I had no problem with depositing or withdrawing funds (I had a minor problem when renewing my account, but I just made a call to the support services, I did not waste time to buzz online and it was solved in just half an hour). If you have a problem, guys, just use your phone.
Andrew
Review for a Broker:

Alfa-Forex

# Reply
Though I do not have much experience in trading, I want to share my opinion about Alfa-Forex. All in all everything is OK. But you need to study their documents and regulations first, in order to avoid future problems.

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