AlfaTrade.com Review

reviewed February 25, 2015

It can be tough to keep up with the constantly changing foreign exchange market and make smart trades. AlfaTrade.com is one of the top online forex brokers for retail investors. Millions of members entrust their money into the hands of AlfaTrade experts to gain an edge in the foreign exchange market. There are resources to help every investor, from novices to seasoned traders.

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About AlfaTrade.com

Alfatrade.com is an international trading company dealing in online forex brokerage services that reaches over 150 countries worldwide. The site uses algorithmic strategies to help individual investors profit from capital market trading.

 
There are three different account types that you can choose from, including standard, premium and pro. They differ mainly in the minimum deposit required and minimum spread values. The best plan for you will depend on your financial situation and the extent of your involvement in the foreign exchange market.

The standard account is the most basic option, with a low minimum deposit of $500 and a minimum spread of 3. The premium account accepts a minimum deposit of $2,000 dollars and offers a minimum spread of 2.3, while the pro option requires a deposit of at least $10,000 but gives a low minimum spread of 1.7. This account also comes with a personal account manager.

 Click here to visit AlfaTrade.com

 Click here to visit AlfaTrade.comEach account option offers access to the MetaTrader 4, or MT4, trading platform. MT4 is a software program that is widely used by online forex brokerage services. It helps investors to understand and follow the capital market in real time. This, along with the user-friendly trading interface, makes MT4 ideal for both experienced and novice investors alike.

If you are brand new to forex trading, then you may want to look into AlfaTrade’s mirror trading option. This lets you imitate a huge range of other experienced trader’s strategies. All trades are automatically updated to mirror a chosen strategy, so this is a very hands-off approach.

Click here to visit AlfaTrade.com

The Best Features of AlfaTrade.com

Click here to visit AlfaTrade.comIf you’re not entirely sure whether or not AlfaTrade.com is the site for you, there is a demo account option that you can sign up for without risking any money. You will still have to provide information such as your full name and email, but you will not be required to put down a minimum deposit.

 
AlfaTrade.com offers a service that they call Guardian Angel to its account holders, where members receive real time feedback on the success of their trading strategies and advice on how to improve their future success. This is a personalized service that focuses on your individual strengths and weaknesses to help you increase your profitability.

Other member tools such as an economic calendar and a daily market analysis help you to stay on top of what’s going on with your investments. Regular webinars teach site members about general investment topics to help them make wise and informed decisions.

There are a number of other educational resources that AlfaTrade.com also offers to its members to help them learn about investment and trading. There is a video tutorial on how to use the popular MT4 trading platform, along with basic courses about the forex market and information on different trading strategies.

Click here to visit AlfaTrade.com

Signing up for an account with AlfaTrade.com also means that you will also have access to MT4 on your mobile devices so that you can keep track of the your investments on the go. The mobile trading platform has all the same features as the PC version, and is available for both iPhone and Android.

 Click here to visit AlfaTrade.com

Criticism of AlfaTrade.com

A handful of customers have had difficulty contacting customer service to retrieve profits from their AlfaTrade.com account. It can be difficult to reach AlfaTrade.com by phone, particularly during busy weeks in the Forex market, but the site also offers an option to email or live chat with a representative.

AlfaTrade.com Customer Support

Click here to visit AlfaTrade.comThe Alfatrade.com customer support team can be contacted 24 hours a day from Monday to Friday, which are the same hours that the Forex market is open. The phone number to call is different depending on where you live. There is also an email address at support@alfatrade.com where you can reach a customer service representative.

 
There is a separate email for customer complaints at complaints@alfatrade.com. It can take up to 8 weeks to process a complaint, but the company will investigate any issues and let you know their final decision. Complaints will either be accepted and the problem rectified, or if it is denied, a valid reason for the denial will be provided via email. In rare cases AlfaTrade.com is not able to issue a final response to a complaint.

Frequently Asked Questions

Q: What methods can I use to deposit money into my AlfaTrade account?
A: You can make deposits using credit or debit, a wire transfer, WebMoney or cashU.

Q: How do I withdraw my money?
A: You can withdraw money straight from your account after logging in. You will get a confirmation email and can easily check on your withdrawal request as it is being processed.

Q: Will Alfatrade.com sell any of my personal information?
A: No, Alfatrade.com will not sell your private information. Information is only shared with third parties that provide professional, legal or accounting services to AlfaTrade.com.

Q: In what languages can AlfaTrade.com be viewed?
A: Alfatrade.com can be viewed in many different languages including English, Arabic, Portuguese, French, German, Spanish, Japanese and Italian.

Q: How does AlfaTrade.com communicate with its members?
A: When you register for an account, AlfaTrade.com will ask you for both an email address and a phone number. You can let the company know which method of contact you prefer, and they will keep you up to date on the status of your account.

 Click here to visit AlfaTrade.com


Cons of AlfaTrade.com

  • Customer service can be difficult to reach
  • Complaints take a while to process

Why Should I Use AlfaTrade.com?

Click here to visit AlfaTrade.comAlfaTrade.com is an online foreign exchange brokerage service that helps clients from all over the world profit from forex trading. The site provides all sorts of educational resources for investors to help them increase their profitability. Some educational videos can be viewed by anyone, but most require site membership to watch. There is a wealth of information geared towards beginners that teaches users the basics of the foreign exchange market.

 
 

Those who are new to investment and trading can view educational videos on how to use MT4 software, trading strategies and techniques, and all the other information necessary to make a profit through the foreign exchange market.

AlfaTrade offers perks to big investors, but the site is best suited for individual, small-scale investors. The customer service team does not offer the support that a large-scale institutional investor may need. The site is especially ideal for individual investors who are new to capital market trading. All of the educational resources help new members to make informed decisions and teaches even seasoned investors how to increase their profitability.

Click here to visit AlfaTrade.com

The mirror trading option offered by the site is ideal for beginners to forex market trading. It lets novices simply mimic the strategies of successful investors, ensuring a good change of success and an easy, hands-off approach. Mirror trading will not only increase an investor’s potential profitability, but also gives beginners a real life lesson in how the forex market works.

From novices to experts, AlfaTrade.com has an account option and trading choices to suit every need. With the help of educational resources and expert advice, you can improve your forex trading strategies so that you start making a healthy profit through capital market trading.

 Click here to visit AlfaTrade.com
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