AlphaFX24 review
AlphaFX24 review: regulation (AlphaFX24 is regulated by CySEC but the regulatory…), minimum deposit $250, leverage up to 1:100, platforms and current bonuses.
Trading conditions
- Broker type
- ECN/STP/Micro/Crypto/Demo
- Minimum deposit
- $250
- Maximum leverage
- 1:100
- Minimum spread
- 0.8 pips
- Platforms
- AlphaFX24 for Android and Apple devices
- Instruments
- Forex Currencies, Crypto, Commodities, Indices, Stocks
- Account currencies
- USD, EUR
Bonuses
- No deposit bonus
- No
- Welcome bonus
- This broker is not providing any welcome bonus
- Other promotions
- No
Accounts and features
- Demo account
- Yes
- Islamic account
- No
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Visa, MasterCard, Maestro, Skrill. Neteller, MoneyGram, Western Union, and WireTransfer
- Withdrawal methods
- Visa, MasterCard, Maestro, Skrill. Neteller, MoneyGram, Western Union, and WireTransfer
Company
- Regulation
- AlphaFX24 is regulated by CySEC but the regulatory information is suspicious
- Founded
- 2013
- Country
- Cyprus
- Address
- Cyprus
- Publicly traded
- Yes
- Website languages
- English, Russian, and German
- Phone
- Unavailable
- Email or Skype
- [email protected]
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About AlphaFX24
AlphaFX24 is an online trading broker that trades on Forex, CFDs, and Binary. This broker has a user-friendly UI which is very helpful for the traders and especially for the new traders. Besides the trades center, it also has an education center. AlphaFX24 is packed with exclusive training tools and it is geared to meet the needs of the investors at any level.
There are some trading conditions of this broker. This broker provides clients with a tight spread. The default leverage by this broker is 1:50. It may go higher or lower if the broker wants to change the leverage. There are multiple instruments and a range of expiries. This broker has Zero Margin. This broker gives high returns on successful binary trades. This broker keeps their client's money in segregated accounts on European registered banks. It is secured by SSL. There is only a single wallet for trading Forex, CFDs, and Binary. This helps a client to invest in any asset whenever they want.
Trading with AlphaFX24 is very simple. There are three easy steps if any client has an account with them. First of all, a client needs to pick a product. The second step is the client should choose an asset. The final step is to invest and trade. By trading, a client will make a profit. Again, the client may lose their money also, Trading is very risky and a client should trade at their own risk.
AlphaFX24 pros and cons
Pros
- Regulated by AlphaFX24 is regulated by CySEC but the regulatory…
- Raw spreads from 0.8 pips
- Scalping and hedging allowed
- Free demo account
- Trading platforms: AlphaFX24 for Android and Apple devices
- Client funds held in segregated accounts
Cons
- No no-deposit bonus at the moment
- No Islamic (swap-free) account
- Conditions and bonuses can differ by regulated entity
AlphaFX24 FAQ
Is AlphaFX24 a safe and regulated broker?
AlphaFX24 was founded in 2013 and is regulated by AlphaFX24 is regulated by CySEC but the regulatory information is suspicious. Client funds are held in segregated accounts. Your protection depends on which AlphaFX24 entity opens your account.
What is the minimum deposit at AlphaFX24?
The minimum deposit at AlphaFX24 is $250. Payment providers may set their own minimum amount.
What is the maximum leverage at AlphaFX24?
AlphaFX24 offers leverage up to 1:100. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does AlphaFX24 offer a no deposit bonus?
No. AlphaFX24 does not currently offer a no deposit bonus. It offers a welcome promotion: This broker is not providing any welcome bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does AlphaFX24 offer?
AlphaFX24 supports AlphaFX24 for Android and Apple devices. Mobile trading is available.
Does AlphaFX24 allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does AlphaFX24 offer an Islamic (swap-free) account?
No. AlphaFX24 does not list a swap-free Islamic account.
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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AlphaFX24 at a glance
- RegulationAlphaFX24 is regulated by CySEC but the regulatory information is suspicious
- PlatformsAlphaFX24 for Android and Apple devices
- Account currenciesUSD, EUR
- LanguagesEnglish, Russian, and German
- PhoneUnavailable
- Email / Skype[email protected]
- FaxUnavailable
- Head officeCyprus