I was waiting for their reply for days and all i finally got were only excuses. I had a feeling that they didn’t care about their customers at all. No, Alfa-Forex is a legit broker with nearly 30 years of experience. This site provides unbiased reviews and may be compensated through third party advertisers. This compensation is not an endorsement or recommendation and TheForexGeek.com is not responsible for these websites.
Alfa-Forex is a large and successful international online trading brokerage who primarily services traders from the European Union, Russia, and Asia. The brokerage has nearly 30 years of experience in the financial trading industry as Alfa-Forex is apart of Alfa Group which was first established in 1989. Alfa-Forex provides both private and institutional counterparties with an extensive range of financial instruments to trade across the global markets in a safe, secure, and reliable online trading environment. To further prove Alfa-Forex’s excellence, they have been awarded numerous best broker of the year awards from multiple reputable financial awarding agencies. Alfa-Forex and Alfa Group are owned and operated by Alfa Capital Holdings and the brokerages primary headquarters are based out of Cyprus at Themistokli Dervi,5, Elenion Building, 2nd Floor, 1066 Nicosia, Cyprus. Since Alfa-Forex is based here, they are licensed and regulated by the Cyprus Securities and Exchange commission and operate in accordance with the Markets in Financial Instruments Directive .
Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform. Often you have to visit and read many broker websites all of which have different uses of language. Choosing an online broker like PRtrend can be difficult.
Is PRtrend Safe?
Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or power trend official site CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Karl is respected in the Forex community, because he’s released many systems, but that doesn’t mean his Alfa Scalper indicator is a winner. At this point, we aren’t sure if the software is viable because there are no verified trading accounts, no strategic discussion, and no client feedback.
Regulation gives you some recourse for those who have issues with PRtrend. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client’s investment in the event the broker becomes insolvent. If PRtrend violate any regulatory rules their regulated status could be stripped. When choosing a broker like PRtrend the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion.
All transfers via Alfa Bank cards are made without a fee, while the rest have a commission applied to trading strategy them. If you are looking for a way to withdraw to your e-wallets here, you came to the wrong place.
PRtrend Risk Disclosure
This will help Tradersunion.com to continue to provide our services to you for free. The fees and commissions at Alfa-Forex are relatively low and very competitive with the industry standards. The trading fees imposed on traders are imposed via floating spreads on each trade. For the EUR/USD forex currency pair, the floating power trend official site spread starts as low as 0.7 pips and averages at around 1 pip. This is very low, especially considering the broker does not charge any commissions. The spreads for other currency pairs are quite low as well and the same goes for most CFDs. Traders at Alf-Forex benefit from a wide variety of tradeable assets to choose from.
Alfa-Forex is a globally recognized online trading brokerage that facilitates trading in a verity of lucrative financial markets. The brokerage features a selection of highly sophisticated trading platforms, favorable trading conditions, and low and competitive fees and commissions. As well, Alfa-Forex can be trusted to provide secure, fair and reliable online trading services as they have an excellent reputation and are highly regulated. All in all, if you’re looking for a viable online trading brokerage, Alfa-Forex could be the broker for you.
PRtrend is a retail service of Alfa Bank.Alfa Bank is largest privet bank in Russia. I made profits and 2 days later they delayed order execution to 5 sec. Let other traders know if this service is worth checking or should be avoided. By the end of 2015 the process of customer transfer from Alfa-Forex to Alfa Capital Holdings Ltd. service.
- Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.
- Brokers who conduct trades without supervision of a regulatory body do so at their own discretion.
- I would like more options for trading, because so far, it’s pretty boring.
- I was really sick of all those failures and never-ending stories i had with their support team.
- Despite this, currency purchasing decisions are still frequently based on a ‘best guess’ and therefore companies remain materially vulnerable to currency risk.
- To get started in raking in some of the profits in the forex market, click on this link to buy this software at the official website now.
Tradersunion.com assumes no responsibility for the consequences of the Client’s trade decisions or for the possible loss of his capital caused by the use of this site or the information on it. The Forex Trading, as well as CFD or cryptocurrencies trading, are not for everyone and Forex trading is a very risky business. Before investing, please assess your competence to trade in the Forex markets and make sure you understand and appreciate all the risks, particularly in terms of leveraged trading. Traders Union has worked hard to become the most reputable Forex site for Forex market participants. We have built a trusted center for analyzing all events on the market and any information affecting the operation of the Foreign Exchange market. We provide the most accurate and varied forecasts and collection of statistics for each Forex broker. Traders Union is a site that allows you to follow all the news of the Forex market as well as promotions of Forex brokers, receive the most comprehensive analytical studies, and share your experience.
This is a great feature because at least it allows newbie’s to the forex trading industry the chance to learn along the way as they profit without necessarily being purely technical. The subject of foreign financial markets is registered in 2003, as part of the powerful empire of Alfa Bank. By providing its customers with direct access to financial assets and liquidity providers, the broker very quickly formed a network of reliable users. The security of the broker’s clients is ensured not only by their belonging to a serious Alfa Group consortium, but also by a number of the following factors. Overall our online Alfa-forex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Alfa-forex or you find inaccurate details Alfa-forex broker review please get in touch with us and the changes will be applied.
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Our reviews can be skeptical, but we are fully transparent in our approach. I bought Alfa Scalper forex indicator by Karl but the result is not as they promised.
When it comes to info on the belongings, the seller stays silent. These are only some of the various advantages you will get with buying and investing in Alfa scalper, it is the go-to methodology for a lot of experience veteran traders. While most foreign exchange indicators released a few years in the past still lack constructive evaluations and rankings, that is by far the best rated forex indicator on the entire foreign exchange market in 2019.
The broker has no direct access to your funds so cannot misappropriate your money. Also PRtrend is regulated by Securities and Exchange Commission , Financial Industry Regulatory Authority . PRtrend is considered good and reputable to trade with PRtrend. PRtrend is used by over 10,000 active traders and PRtrend users. PRtrend offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.
Present days, this broker can offer top-class and secure trading, as well as the possibility to make additional earnings via the partner program. Forex dealing centers is the opportunity to get some good profits.
This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing Retail foreign exchange trading funds from a credit card. This is if your broker accepts funding your account via a credit card. Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees.
The Android PRtrend MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely. If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees Foreign exchange market are not due. If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due. Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. PRtrend is regulated, governed and supervised by reputable financial regulatory bodies.