With a combined trading experience that spans over two decades — since 1993, Alfa Financial is a well-established online financial services provider that is based in Dubai. They are committed to carrying out seamless trading of various financial assets, including forex, metals, energies, futures, CFDs, and more, using a range of advanced trading platforms. As a result, their clients benefit from competitive trading conditions, such as zero commissions, fixed spreads, leverage of up to 1:100, STP execution, and more. The minimum deposit required to start trading is $5,000.
Alfa Financial Review Introduction
In this Alfa Financial 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 Alfa Financial.
Alfa Financial Platforms & Tools
Traders can buy and sell the available financial markets using two intuitive trading platforms: AX1 Trader and MT4 trading platforms.
While the MT4 trading platform is an advanced trading platform that is popular among forex and CFD traders due to its various built-in tools and extended trading capabilities, the AXI Trader is a next-generation platform that is built to suit all levels of traders.
These trading platforms ensure seamless trading of the available financial instruments. Both trading platforms — MT4 and AXI Trader — are available as desktop applications for Windows and Mac computers, WebTrader, and a mobile app that is compatible with android and iOS devices.
The broker also provides traders with various built-in tools to make up for those that are lacking in the provided trading platforms. These useful trading tools include a market outlook and an economic calendar that allows clients to access their real-time economic events calendar and stay updated with the market happenings.
Alfa Financial Research & Education
There is a good selection of learning resources on the broker’s website to help traders make good trading decisions. These learning materials include blogs, learning articles, a glossary, and an FAQ section that answers some of the clients’ most common questions.
Alfa Financial Trading Accounts
Traders are required to open a single live trading account to start trading. Multiple accounts are not allowed for a single user. The minimum deposit requirement is $5,000, a leverage of up to 1:100 is available.
Alfa Financial Account Funding
At Alfa financial, all account deposit and withdrawal requests are processed using any of the following payment methods: bank transfers, credit/debit cards, and some electronic payment gateways.
Alfa Financial Customer Service
Alfa Financial provides traders with a knowledgeable client support team to help traders with any assistance they may need. The support team can be reached through telephone, email, Live Chat, and social media.
Alfa Financial Regulation
Alfa Financial is licensed and regulated by the Central Bank of the United Arab Emirates under License No. 126/5/95. The Central Bank of the United Arab Emirates is the state institution responsible for managing the currency, monetary policy, and banking regulation in the United Arab Emirates.
Alfa Financial Review Summary
Established in Dubai in 1993, Alfa Financial is a retail trading broker that offers seamless access to the global financial markets using the AX1 Trader and MT4 trading platforms. They provide traders with educational resources, helpful trading tools, and a client support team. The minimum deposit required to start trading is $5,000. The Central Bank of UAE regulates the broker.
It is worth mentioning that some of the trading products and services in this Alfa Financial 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 Alfa Financial 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.