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Alpha Forex review
Alpha Forex

On-line since: -
Country of origin: Russia
Regulation: -
Payment options: Alfa-Click, plastic cards, Alfa Bank branches, Bank transfer, WebMoney
Minimum account size: -
Minimum lot size: -
Leverage: 1:100
Spreads: 2.2 pips on major currency pairs

About the company:

Alfa-Forex broker is a part of Russia’s largest private investment groups of Alfa Group Consortium. The company has been providing banking Forex services within the CIS countries for 10 years already.

Alfa-Forex means perfect orders execution, the best trading terms and interbanking approach to all clients’ deals. Care for business reputation, huge trading volumes, and integration with other Alfa Group products guarantee quality and effective collaboration with the company.

More than 20,000 clients with the total monthly turnover around $50 billion have already enjoyed working with Alfa-Forex. The Best Forex Bank Eastern Europe 2013 award confirms high achievements of the company which is now well-known both in the CIS countries and Europe.

Alpha Forex 8/10 (votes 4212)
Author of Alpha Forex: Nahina | Date 2019-05-15
Alfa-Forex is the biggest fraud platform I’ve ever experienced. I put $2000 and worked for a couple months and my account jumped to $3915. End of the last months I put an withdraw request of $2500 they blocked my account. Even my account manager not picking my phone calls. This broker is unlicensed impostor, I do not know how can I get my money back.
Author of Alpha Forex: Lechpip | Date 2019-02-14
I have been a trader at Alpha Forex since 2015. I don't think I'll ever find another broker that can match the excellence of Alpha Forex. First of all, this broker is very generous. From the wide leverage of 1:500 and a very low minimum deposit of only 5 dollars. With this offer, even the small and beginning traders will not be afraid to open an account. The platform is outstanding. Fast execution and synchronized charts. And of course, payouts are processed as fast as possible. All of my withdrawal transactions were completed within a day via wire transfer. And I think I already withdrew at least $8000 in total.
Author of Alpha Forex: Axiom | Date 2018-12-02
I’m grateful to trade with Alpha Forex broker. I preferring their low spreads and Stable platform so far. In the MT4 platform I can set a position instantly, even my long order I am tension free from the spread. Beside my profit can be withdrawn instantly via in an hour of Alfa Bank – Alfa-Click. Honestly, they are helpful to traders by given educational articles, analysis, trading ideas and investment tips on youtube. So I am able to do my business profitably with Alpha Forex.
Author of Alpha Forex: Kalapip | Date 2018-11-26
Alfa-Forex could have been a great broker if their spread doesn't widen so extremely. In my 6 months of trading here, I don't have much complaints about the platform. It does its job well. However, in terms of the spread, well, on the average, it is at 3 pips which is a little high compared to other brokers. But there are times when it rises too much. During news releases, it shoots up to around 20-25 pips. For me that's just too much. And there are times when even without any big event, the spread will go up to 10-15 pips. They say it's because of the liquidity provider. I am still thinking whether I should change broker or not because their other services are good. My only problem really is just the spread.
Author of Alpha Forex: pyestma | Date 2018-09-20
Four months ago I came across Alpha Forex broker from Investing.com. As beginner in forex trading world, I am greatly assisted by their friendly and professional trading specialist. Oh, their support staff are friendly as well. I first started with $600 in 3 months as advised by their client support. With their help I was able to trading profitably initially and within 2 months I made profit around $285 which is good enough for me as a beginner. Although I have not made any withdrawal yet but I will give up date.
Author of Alpha Forex: FarukKureys | Date 2018-09-12
A couple of months I have trade with Alfa-Forex. I have a standard account and using the Mt4 platform. While they haven't enough tools and analytical indicators on the platform and Most of the time platform was freeze, at the first time I think it is internet problem of mine but I have understood it is their server problem. I have found a huge spread on their floating spread too, Also the trade execution of the platform is impossible to set my desired position. So gradually I had lost my investment, also I can't withdraw my profit too. Now I am disappointed with Alfa-Forex broker and warn others they are the unprofessional platform in the market.
Author of Alpha Forex: pipnattubi | Date 2018-03-16
I was having a hard-time doing trading with Alfa-Forex, since they require every traders to use their new trading platform. To be honest I have been training since December on their demo account for one month and I get 30% profit, that's such a good result. So in the next month I open my real account and make some trading. I got profit about 25% and enjoy the process, even that not fast enough. But when I trade with their new platform, my trading hit the price. The platform will freeze especially during economic event that give high impact on markets, and as a result I had a huge loss. I called their technical support for help me to fix the platform system as early as possible. But they said it is still processing and they would inform me within 5 working days. Today, it almost a month after that complaint, but I got nothing.
Author of Alpha Forex: Ingridpip | Date 2018-01-28
I started to trade with Alpha after a friend recommend them to me. I have a standard account with a first deposit of 500$. The platform MetaTrader 4 works good without requotes or delays in execution. I trade currency pairs GBP/USD, USD/CAD, USD/NZD and Gold. Till now I'm pleased with their services. I recommend this broker because is honest and at withdraw there aren't hidden commissions.
Author of Alpha Forex: PhupingTappanun | Date 2017-12-18
I am dealing with Alfa-Forex in a Standard account by the Mt4 platform, where the platform is frozen all time. While the provided 1 pips floating spread but the trade execution impossible to set prices in actual position. which is the way to lose my investment, Also they haven't enough tools and analytical indicators on the platform I can't withdraw my profit.via Skrill payment gateway with them due to verification problem. I am disappointed and want to say that Alfa-Forex platform is unprofessional in the market.
Author of Alpha Forex: Bucegipip | Date 2017-11-19
I trade for a couple of months with Alpha Forex. I have a live account with a first deposit of 200$. I use the system WebMoney to transfer money I didn't problems. Their platform has real time prices and I never had re-quotes, or delays in execution. During volatility times is stable. My trading session involves currency pairs, gold and silver, also shares from Amazon or Apple. I made a profit of 600$ but I didn't withdraw yet because I need more money to could trade bigger volumes when their is an opportunity. Their support services is helpful and friendly. I had some positions closed during the night because of their server which closed, and they restored my positions and give me back my funds of 95$. The broker is honest.
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