Founded in 2017, ALB is a retail trading broker that operates from Malta. The broker provides traders with several trading platforms for trading a wide variety of financial markets, including forex, cryptocurrency, commodities, energies, indices, equities, and CFDs. They also provide traders with a selection of educational resources and trading tools, and a customer support team is available to aid the trading process. ALB has bagged several awards for their trading services, including the Best Newcomer 2017, Best Forex Company Europe 2019, and more.
ALB Review Introduction
In this ALB review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including ALB.
ALB Platforms & Tools
To access the offered financial assets, traders are provided with the following platforms:
MT4/MT5 Trading Platform
These are advanced trading platforms that are loaded with a wide array of built-in charting and analytical tools and also support the automation of trades via expert advisors. Both beginners and experienced traders all find the platforms very useful owing to their user-friendly interfaces and advanced trading features. The MT4 and MT5 trading platforms have similar features and trading capabilities. But the MT5 has more advanced features and extended functions, including an inbuilt newsfeed and economic calendar. The MT5 also supports up to 9 chart types in about 21 timeframes. Both platforms are available in the desktop, web, and mobile versions.
This is a multi-asset trading platform that is designed with an attractive user interface and advanced backend technology. The platform is built with multiple trading functionalities to easily trade the financial markets. It is available as a desktop application for Windows and Mac computers and a mobile app that is designed for Android and iOS devices. There is also the web version that runs directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge.
Traders are provided with a selection of trading tools to ensure they get the best out of their trades. Those tools include Research and Analysis, Economic Calendar, Auto Chartist, and Market Outlook.
ALB Research & Education
The broker’s website contains some learning articles to help traders understand how the market works and be able to make knowledgeable trading decisions. There is also an FAQ section available to answer clients’ most common questions.
ALB Trading Accounts
The broker offers a live trading account for actual trading and a demo account for practice purposes. The minimum deposit required to operate the live account is $200.
ALB Account Funding
Bank transfer and credit/debit cards are the two major payment methods available at ALB for both account deposits and withdrawals.
ALB Customer Service
ALB has a customer support team that offers prompt responses to traders’ general, technical, and account-related inquiries via Live Chat, telephone, email, and social media.
ALB Limited is authorized and regulated by the Malta Financial Services Authority with license number: IS/79767.
ALB Review Summary
ALB is an award-winning brokerage firm that operates from Malta where it is regulated by the MFSA. They provide different platforms for trading several financial markets. The broker also offers a selection of trading and learning tools. Traders get to access a live account with an initial deposit of $200, and they offer variable spreads, zero commission, and leverage of up to 1:100.
It is worth mentioning that some of the trading products and services in this ALB review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the ALB broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.