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Alfa forex cyprus

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alfa forex cyprus

Alfa-Forex has one type of account, similarly to other Russian forex brokers like Finam Forex and VTB24 Forex. The broker has a portfolio of 36 forex pairs — majors and minors and a total of instruments, including CFDs, metals, commodities, indices, stocks, etc. Compared to its competitors VTB 24 Forex and Finam Forex, Alfa-Forex has a bigger selection of forex pairs, but forex smaller than that of FxPro with more than 70 pairs. Alfa-Forex, as Alfa Capital Holdings is based and regulated in Cyprus, by the Cyprus Securities and Exchange Commission CySECbut is mostly active in Russia. The forex still does not have a license from Russia's central bank. Cyprus is a preferred destination for forex and binary options brokers active in Europe. On one hand Cyprus is an offshore alfa, on the other — being in the EU its regulation is valid throughout the Union through the passporting rules of MiFID. The local regulator CySEC provides a decent level of client protection, but not as stringent as that of UK's FCA. It alfa often accused of being a bit lenient, but in the past months it has stepped up the oversight and requirements and has set a default leverage cap of 1: Alfa-Forex does not require a minimum initial deposit, much like VTB24 Forex. Probably similarly to it, however, there is a certain sum required from clients to start trading. We, however, could not find information about it. Alfa-Forex offers floating spreads, starting from 0. The average spread for the same pair is 1 pips. This is a rather tight spread for a broker that does not charge additional commissions. In comparison, the spreads of FXTM' s commission free accounts start from 2. The maximum leverage Alfa-Forex offers is 1: It is higher than the default set by CySEC and higher than that of its direct competitors in Russia Finam Forex and VTB24 Forex with 1: On the other hand, FxPro — another CySEC regulated broker — offers a leverage of 1: Alfa-Forex provides a good choice of trading platforms. It offers the very popular MetaTrader 4 MT4 platform and its successor MetaTrader 5 — both developed by MetaQuotes Software. Both MT4 and MT5 are including their mobile applications cyprus well. Other brokers that offer both MT4 and MT5 are FxProFibo GroupFX Choice and FXTM. There is also the automated trading platform ZuluTrade, which is compatible with MT4. Alfa-Forex accepts client deposits through debit and credit cards, bank transfers and the online payment system of Alfa Bank — Alfa-Click. The options appear to be rather limited, compared to, for example Grand Capitalwhich lists numerous online payment systems, in addition to cards and bank transfers. Other brokers, like IGhowever, are also accepting bank transfers and cards only. Of the several Russian forex brokers we have reviewed recently, Alfa-Forex appears to offer the most favorable trading conditions, especially in terms of leverage and spreads. It also has a cyprus selection of trading platforms, but the lack of clear information of the minimum sum required to start trading and the lack of a demo account are a drawback. FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four cyprus. HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1. XM is broker with great bonuses and promotions. FxPro is a broker we are particularly keen on: And the best part? With FxPro you get negative balance protection. It offers premium cyprus conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions. FBS is a broker with cool marketing and promotions. Trading is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well we tried it out and we loved it. Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Forex information on ForexBrokerz. We do not present any guarantees for the accuracy and reliability of this information. All textual content on ForexBrokerz. You may not reproduce, distribute, publish or broadcast any piece of the website without indicating us as a source. Forexbrokerz website uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Read our Privacy Policy. Trade with 1 pip fixed spread. FXCM Group's May metrics recover from April Apr Software: Trading 's mobile trading app reaches 5 mln. CopyFX changes minimum deposit requirement for forex trading accounts Jun Market: Ban on offering binary options abroad to be tabled in Israel's parliament May Alfa Advisors: Trading accounts Account type Minimum deposit Minimum trade size Maximum leverage Average spreads Standard none 0. Trading Conditions Minimum initial deposit Alfa-Forex does not require a minimum initial deposit, much like VTB24 Forex. Spreads and commissions Alfa-Forex offers floating spreads, starting from 0. Leverage The maximum leverage Alfa-Forex offers is 1: Trading platforms Alfa-Forex provides a good choice of trading platforms. Methods of payment Alfa-Forex accepts client deposits through debit and credit cards, bank transfers and the online payment system of Alfa Bank — Alfa-Click. Conclusion Of the several Russian forex brokers we have reviewed recently, Alfa-Forex appears to offer the most favorable trading conditions, especially in terms of leverage and spreads. Top Forex brokers More details. Broker Advantages FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Alfa-Forex reviews Broker details. Your vote for Alfa-Forex 5 stars 4 stars 3 stars 2 forex 1 star Security code. Top Forex Brokers FXTM FXCM HYCM easyMarkets IG XM FxPro FX Choice Windsor Brokers FBS FIBO Group Cyprus Grand Capital TryMarkets EverFX Trading Dukascopy IC Markets OANDA City Index XTB PipIndex Capital Index PhillipCapital UK RoboForex FOREX. ASIC adds forex broker Trade12 to its warning list. Latest forex brokers Capital. Arum Capital Review - is arumcapital. WinsFX Review - is wins-fx. Asia Nuggets Review - is asianugets. Altinvest Review - is alt-in. Omega Markers Review - is omegamarkets. GTP Capital Review - is gtpcapital. Direct Trading Technologies Review - is dttmarkets. Real Forex Review - is real-forex. Home News Brokers Promotions Contact us Compare. COPYRIGHT All textual content on ForexBrokerz. FXTM - Trade alfa 1: MT4MT5Web. MT4Trading Station, NinjaTrader. MT4WebPrimeTrader. MT4WebProRealTime, 2Dealer. MT4MT5cTrader, SuperTrader, FxPro Markets. MT4WebGwasy. MT4MT5cTrader.

4 thoughts on “Alfa forex cyprus”

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