AlfaForex – forex and CFD trading platform

Overview of the activities of promising brokerage companies: Alfa Forex

What only advertising tricks do not use modern brokers to attract new customers! Some promise that joint cooperation guarantees potential customers high profits in the newest areas of activity. Others – a stable income, protected from any financial risks. None of them is stingy with promises: from relatively real (at a level of 2–3 annual average bank deposits) to a fantastic profit of 500–1000% per month on investment. In this regard, the brokerage firm Alfa Forex should not invent attractive advertising slogans. The marketplace, thanks to its entry into a powerful financial corporation, is confidently “on its feet” and is not afraid of serious pressure from competitors. But, is this broker really so successful and, in the language of modern youth, “advanced” that he is not afraid of anyone or anything in our difficult times? Let’s try to study this question in detail, and give it the most honest answer.

What can Alfa Forex clients expect

The subject of foreign financial markets is registered in 2003, as part of the powerful empire of Alfa Bank. By providing its customers with direct access to financial assets and liquidity providers, the broker very quickly formed a network of reliable users. The security of the broker’s clients is ensured not only by their belonging to a serious Alfa Group consortium, but also by a number of the following factors.

Alfa Forex Trader safety

● The company carries out all financial operations in accordance with current legislation and the requirements of the license of its regulator.

● Developed for Alfa Forex applications, the world’s most reliable platforms (MetaTrader 4, MetaTrader 5), and other modern software virtually eliminate the possibility of system disruption. Users can not worry about the safety of their personal data, financial resources and timely execution of transactions. At the same time, broker clients can work using mobile gadgets, in any place where there is access to the Internet.

● This company has been working in the financial market for over 15 years! That is one of the main proofs of the reliability of Alfa Forex (not a single scammer has been developing such multi-way schemes to deceive traders who may take a decade and a half).

● The huge number of prestigious awards and the respect of competing companies is also indisputable proof of the reliability of this broker.

● The company always tries to be as honest and open as possible in all matters that may interest both beginners and their experienced colleagues. For example, the administration of a web resource repeatedly warns users that all CFD contracts, despite the possible profit, fall into the category of very risky operations (clients lose up to 75% of their investments on them).

But one of the most important parameters for any broker, in the opinion of experienced traders, is the availability of licenses of reputable institutions that are allowed to engage in financial transactions.

Alfa Forex Regulators

Alfa Forex has the Cyprus Securities and Exchange Commission (CySEC). This organization enjoys great prestige not only in Europe, but throughout the world. Even the most cautious traders, in the presence of such a regulator, can safely register on Alfa Forex login without fear of various “pitfalls” that are increasingly found in this sector of the economy.

What is the reason for such confidence? The supervising institution has been working for almost 20 years, and in its staff you will meet only decent specialists with a high level of professional training. Organizations licensed by the Cyprus Commission must:

● pay a decent amount for it;

● it is necessary to pass an inspection of the Commission, and then, every quarter, to submit all the necessary financial reports;

● comply with sufficiently strict MiFID rules that apply to all EU brokers.

These conditions help to determine whether the broker is ready to work in the global financial market, observing all the agreements between him and his clients.

Training on Alfa Forex trading platfrom

The above information produces only the most positive impressions of the broker. And many traders will agree to work on this trading platform. But what about newcomers who have firmly decided to test their strength in the global financial market in the complete absence of even basic knowledge of this type of activity? Do not give up before the time. Go to the official broker resource and open the section: “Training”.

In the “Glossary” you will learn the meaning of the basic words and terms necessary for each trader. Online training will help to understand all the nuances of activities in financial markets and learn about the existing relationships between its components. Also on the site there is a section dedicated to the Forex market, and in the case of any non-standard issues, you can use the help desk support or visit the “FAQ”.

After completing the theoretical training developed on Alfa Forex, a demo account is ideal to see in practice how financial transactions are made. Novice traders can independently verify whether the knowledge gained allows them to earn real money.

Help for experienced traders from Alfa Forex

 The creators of the resource have not forgotten about experienced traders. Not every website provides its users with such amount of useful information:

● economic news of the day (including calendar and articles);

● market review;

● Dow Jones News;

● Forex quotes;

● analytical information, etc.

Regular investors can entrust their investments to special programs for the placement of funds and PAMM-accounts.

Trading conditions at Alfa Forex

Like any other broker, Alfa Forex has certain terms and conditions, the observance of which is mandatory for any trader. And experienced subjects of financial markets always recommend, before registering an account on the trading platform, carefully examine them. The reviews on Alfa Forex also focus on these issues.

Alfa Forex Trading Terms

● Minimum amount of deposit – no restrictions.

● Minimum bid – from 0.01.

● Account currencies – Russian ruble, euro, Polish zloty, US dollar.

● Affiliate program – functioning.

● Contests and bonuses – no (at the time of writing).

● The number of positive reviews – more than 50%.

Deposit trading and withdrawal of funds Alfa Forex

This issue is considered not only in the reviews prepared on Alfa Forex, but also on the official web resource of the broker. Site users recommend using the following methods for depositing / withdrawing funds:

● Alpha click.

● Bank transfers.

● Plastic cards of Visa / Master Card systems.

● Cash in offices of Alpha banks.

Alfa Forex Assets

With regard to funds for financial transactions, for these purposes are provided: currency pairs, precious metals, some securities, as well as forward contracts and CFDs. But it should be noted that this market does not stand still; perhaps in the near future, resource users will have the opportunity to buy / sell other promising assets. And the unwritten rule proves: who first saw the new tools / assets for working on trading platforms, he earns the most out of it.

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