AlainFX review
AlainFX review: regulation (No), minimum deposit 100, leverage up to 1:500, platforms and current bonuses. Compare the latest forex bonuses, trading…
Trading conditions
- Broker type
- ECN/STP
- Minimum deposit
- 100
- Maximum leverage
- 1:500
- Minimum spread
- 0.7 pip
- Platforms
- MetaTrader 4
- Account currencies
- USD, EUR & More
Bonuses
- No deposit bonus
- No
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- No
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank transfer, credit card, Skrill, Neteller
- Withdrawal methods
- Bank transfer, credit card, Skrill, Neteller
Company
- Regulation
- No
- Founded
- 2017
- Country
- United Kingdom
- Address
- ALAIN MARKET SOLUTIONS LTD,20-22 WENLOCK ROAD,LONDON,ENGLANDLondon, United Kingdom
- Website languages
- English
- Phone
- +44 2032390906
- Email or Skype
- [email protected]
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AlainFX pros and cons
Pros
- Regulated by No
- Low minimum deposit: 100
- Raw spreads from 0.7 pip
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
AlainFX FAQ
Is AlainFX a safe and regulated broker?
AlainFX was founded in 2017 and is regulated by No. Your protection depends on which AlainFX entity opens your account.
What is the minimum deposit at AlainFX?
The minimum deposit at AlainFX is 100. Payment providers may set their own minimum amount.
What is the maximum leverage at AlainFX?
AlainFX offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does AlainFX offer a no deposit bonus?
No. AlainFX does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.
Which trading platforms does AlainFX offer?
AlainFX supports MetaTrader 4. Mobile trading is available.
Does AlainFX allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does AlainFX offer an Islamic (swap-free) account?
Yes. AlainFX offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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AlainFX at a glance
- Reader rating3.3 / 5 (3 votes)
- RegulationNo
- PlatformsMetaTrader 4
- Account currenciesUSD, EUR & More
- LanguagesEnglish
- Phone+44 2032390906
- Email / Skype[email protected]
- FaxNo
- Head officeALAIN MARKET SOLUTIONS LTD,20-22 WENLOCK ROAD,LONDON,ENGLANDLondon, United Kingdom