WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

ALPHATRADE-FX

Saint Vincent and the Grenadines|2-5 years|
High potential risk|

https://www.alphatrade-fx.com/

Website

Rating Index

Contact

support@alphatrade-fx.com
https://www.alphatrade-fx.com/
BEACHMONT BUSIווESS CENTRE, 190 KINGSTOWN, SAINT VINCENT AND THE GRENADINES

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ALPHATRADE-FX · WikiFX Survey

Users who viewed ALPHATRADE-FX also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

Neex

9.11
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)
Official website

ALPHATRADE-FX · Company Summary

Note: Since ALPHATRADE-FXs official site (https://www.alphatrade-fx.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

ALPHATRADE-FX, a trading name of BUSINESOFT LIMITED, is allegedly a suspicious regulated forex and CFD provider registered in Saint Vincent and the Grenadines that claims to provide its clients with a wide variety of tradable financial instruments with leverage up to 1:200 and variable spreads from 0.8 pips on the web-based trading platform, as well as a choice of four different account types.

Market Instruments

ALPHATRADE-FX advertises that it offers a wide range of trading instruments in financial markets, including forex currency pairs, stocks, indices, and commodities, as well as cryptocurrency buying and selling.

Account Types

There are four live trading accounts offered by ALPHATRADE-FX, namely Beginner, Trader, Expert and VIP. Opening a Beginner account requires the minimum initial deposit amount of $1,000, while the other three account types have much higher minimum initial capital requirements of $5,000, $25,000 and $100,000+ respectively.

Leverage

A leverage ratio of up to 1:200 is offered by ALPHATRADE-FX, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

ALPHATRADE-FX claims that different account types can enjoy quite different spreads. In particular, the clients on the Beginner account can experience spreads from 1.2 pips, while the Trader account with spreads from 1 pip and the Expert can enjoy the lowest spreads from 0.8 pips.

Trading Platform Available

The platform available for trading at ALPHATRADE-FX is a web-based trading platform. The WebTrader is equipped with a variety of charting options and technical indicators. However, compared with the industry-standard MetaTrader4 and MetaTrader5, it still lacks some advanced features.

In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most trusted and popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

image.png

Deposit & Withdrawal

ALPHATRADE-FX says to work with wire transfers, credit cards, some unspecified e-payments and BTC. The minimum initial deposit requirement is said to be $250, and the minimum withdrawal amount is €100, while €500 for bank transfers. The clients will also be charged 10% if they request withdrawals before turning over their funds 200 times. Furthermore, separate fees apply to withdrawals from different gateways: €50 for bank transfers, €25 withdrawal fee and €10 processing fee for credit cards, $/€/£25 minimum withdrawal amount for e-wallets, and BTC withdrawal fees can be up to 5% of the requested amount. All withdrawals may take up to 3 days to process.

Bonuses & Fees

ALPHATRADE-FX claims to offer some bonuses. However, at least a deposit of $/€/£250 is required to withdraw any bonus earnings. It is required for each bonus credit to have a total value of at least or greater than 90 times the bonus amount credited.

In addition, after 30 days of inactivity, there is a 5% dormant account fee.

Customer Support

ALPHATRADE-FX‘s customer support can be reached by email: support@alphatrade-fx.com. Company address: BEACHMONT BUSINESS CENTRE, 190 KINGSTOWN, SAINT VINCENT AND THE GRENADINES. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Broker Information

Company Name

BUSINESOFT LIMITED

Abbreviation

ALPHATRADE-FX

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Phone of the company

--

X

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • BEACHMONT BUSIווESS CENTRE, 190 KINGSTOWN, SAINT VINCENT AND THE GRENADINES

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@alphatrade-fx.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com