Forex Broker

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: Firda | Date 2019-11-26
I have a standard account in USD currency for over 9 months with Alpha Forex, and till now I like their services. Is a offers top quality financial services, no commission at withdraw, no minimum deposit, and the spread are competitive with a low of 2 pips for EUR/USD. The MetaTrader 4 platform works fine. I trade mainly currency pairs EUR/USD. USD/CAD, USD/JPY, Gold and Silver. My profit is close to $700 month and to withdraw is easy.
Author of Alpha Forex: Dirlly | Date 2019-11-18
I had an account with them for 7 months and I needed to closed it because there is plenty of room for improvement here. In my first trading I deposit $150 because they didn't set the minimum account size and then I got $50 profit. But it was only a week. After I got that profit, they just ignore my next deposit. I don't ask anything to their support. I just go from this broke, and look for another.
Author of Alpha Forex: Invqol | Date 2019-10-10
I have been trading Alfa-Forex for 3 months. At beginning, everything smells good, I made good profit and they processed my first withdraw request of $250 within 3 days. But end of the last month I requested to withdraw $800 from my account via Webmoney and almost 10 days passed the withdrawal status still pending. I emailed their support 6 times they told me that I their fiance department still working on it that why I have to wait but they did not specify the time. Can anyone help me in getting my money back? Is there any way to get the money back? Please suggest me.
Author of Alpha Forex: Conan | Date 2019-09-30
Alpha Forex has a good number of choices of trading platforms as well as trading instruments so you can go for whatever you prefer. Their trading environment is impressive and so far, my trading activities have been going smoothly. The support team is responsive and accommodating so issues are easily resolved. You are in good hands if you plan to trade on this broker.
Author of Alpha Forex: Nita | Date 2019-08-28
One thing is for sure: Alpha Forex has an amazing website design. It looks professional yet attractive. It can also be easily navigated with no confusing buttons or overloaded content. Every basic information that you need can also be easily found. However, this beautiful website does not matter when they have a terrible platform. I tried every platform that they offer and all of them are faulty. It either lags, crashes, or contains bugs. I hope they can work on their software.
Author of Alpha Forex: Seruni | Date 2019-08-22
I have started trading with Alpha Forex for 6 months now, I started with the demo account of $4000, I even won the sniper contest. I opened a live account of $100 deposited through skrill, I will say this platform is good for trading cryptocurrency. I have been trading on the ripples, and bitcoin, I have made profits of $500 which is good for me as a beginner. Withdrawal of my profits through skrill only took two hours.
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.
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