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ALPFOREX

Saint Lucia|2-5 years|
Common Business Registration|MT5 Full License|Global Business|Suspicious Overrun|Medium potential risk|

https://www.alpforex.com/?lang=en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
ALPFX-Server MT5
Server Location Netherlands

Contact

+66 23542298
support@alpforex.com
https://www.alpforex.com/?lang=en
135/22 Amornphan 205 Tower 2, Flr. 9, Nathong Alley, Ratchadaphisek Rd., Din Daeng, Din Daeng, Bangkok, 10400

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+66 23542298

Other ways of contact

Broker Information

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Company Name

ALPFOREX

Abbreviation

ALPFOREX

Platform registered country and region

Saint Lucia

Company website
Facebook

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-11-23
  • This broker exceeds the business scope regulated by United States NFA(license number: 16280310)Common Business Registration Non-Forex License. Please be aware of the risk!

WikiFX Verification

ALPFOREX · WikiFX Survey

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ALPFOREX · Company Summary

ALPFOREXReview Summary
Founded2021-03-01
Registered Country/RegionSaint Lucia
RegulationNFA
Market InstrumentsForex, Index, Gold, and Silver
Demo Account
LeverageUp to 1:1000
SpreadSpread as low as 0(Ultra Low)
Trading PlatformMT5
Min Deposit$10
Customer SupportPhone:+66 23542298
Email:Support@Alpforex.com
Line:@alpforex
Social Media:Facebook: ALPFOREX

ALPFOREX Information

ALPFOREX is a foreign exchange broker that provides forex, index, gold, and silver trading products. In addition, it also has demo accounts and three real account types, including Standard, Ultra Low, and Promotion, with leverage up to 1:1000. ALPFOREX also provides 24/7 customer support.

Pros and Cons

Pros Cons
RegulatedExceeded Status
$30 bonus
Economic Calendar and EA available
Demo and ECN account implement

Is ALPFOREX Legit?

ALPFOREX is regulated in the United States and its regulatory status is exceeded. It is regulated by the NFA, and the license number is 16280310.

Is ALPFOREX Legit?
Is ALPFOREX Legit?

What Can I Trade on ALPFOREX?

Traders can trade forex, indices, and precious metals. The main products of precious metals are gold, silver, and crude oil.

Tradable Instruments Supported
Forex
Index
Precious Metals (Crude, Gold, and Silver)
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on ALPFOREX?

Account Type

ALPFOREX provides two account types of information: Standard and Ultra Low. Traders who meet the register conditions can enjoy a $30 bonus. Standard and Ultra Low are commission-free. In addition, the minimum spread of these two accounts is 1.0 pips, and the leverage is as high as 1: 1000. The following is a comparative analysis of Standard and Ultra Low:

Account Type StandardUltra Low
Starting spread (pips)3.31.0
Commission (per lot)$0.0$0.0
Leverage1:1,0001:500
Minimum deposit$10$1,000
Account Type

ALPFOREX Fees

ALPFOREX offers an account spread of 1.0 pips. Standard and Ultra Low accounts are commission-free.

Leverage

ALPFOREX leverage is as high as 1:1000, and the risk is relatively high.

Trading Platform

ALPFOREX provides MT5 trading platform where traders can complete forex, index, and other market transactions through MT5. MT5 has more in-depth technical analysis functions and is more popular among traders than other trading platforms.

Trading PlatformSupported Available Devices
MT5Windows, macOS, ios, Android
Trading Platform

Deposit and Withdrawal

The minimum deposit and minimum withdrawal amount are both $10. Traders on the ALPFOREX website can make payments through various channels such as OR Payment, Credit Card, Rabbit Line Pay, and True Money Wallet.

Deposit and Withdrawal

Customer Support Options

ALPFOREX provides four contact methods: phone, email, Line, and Facebook social media. It provides 24/7 customer service.

Contact Options Details
Phone +66 23542298
Email Support@Alpforex.com
Line@alpforex
Social Media Facebook: ALPFOREX
Supported Language Thai
Website Language Thai
Physical Address 135/22 Amornphan 205 Tower 2,Flr.9, Nothing Alley, Ratchadaphisek RD, Din Daeng, DinDaeng, Bangkok,10400(THAILAND)
Customer Support Options

The Bottom Line

ALPFOREX provides trading platforms and trading tools, such as MT5, forex calculators, economic calendars, etc., to facilitate traders' trading and data analysis, however, its leverage is as high as 1:1000 and has not received supervision, which is detrimental to traders' trading risky.

FAQs

Is ALPFOREX safe?

No, unregulated.

What account types doesALPFOREX offer?

ALPFOREX provides two account types of information: Standard, and Ultra Low. In addition, there are demo accounts.

What fees does ALPFOREX have?

According to the comparison between Standard and Ultra Low accounts, the lowest spread between these two accounts starts at 1.0 pips. They commission-free.

Risk Warning

Any transaction is based on the estimated price difference to make profits, which will lead to certain risks, please be careful!

Review 5

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