General Information & Regulation
Alpha FX Group plc is listed on the London Stock Exchange and trades through its wholly owned subsidiary Alpha FX Limited (company registration number: 05108142). Alpha FX Limited claims to be authorised and regulated by the Financial Conduct Authority to provide regulated products and services (FCA Registration Number: 770377) and authorised by the Financial Conduct Authority as an Authorised Electronic Money Institution (Registration Number: 900849).
Core Business
Alpha FX focus on three key areas: FX risk management, international payments, and collections. Alpha FX claims that it can send and receive payments in over 160 currencies and its local payment networks extend to over 70 countries.
Accounts
Open and manage local currency accounts in order to send, hold and receive payments in 160 currencies, with all accounts in investors'names. Assign accounts to individual entities or even business functions, to create a virtual account structure that shadows business operations and enables cash across all business levels to be viewed and managed centrally. Open an account, then manage them all via one platform. No more costly and time-consuming account opening processes. Accounts can be issued in the name of users company (as opposed to Alpha FX) eliminating delays from queries that often occur when third parties collect funds on their behalf.
Minimum Deposit
The minimum deposit required by this broker is not fully disclosed.
Spreads
There are no spreads details shown on the Alpha FX website.
Leverage
Trading leverage information is not found on the Alpha FX website.
Alternative Banking
Alpha FX comes with the performance of Alternative Banking, which launched a new end-to-end technology stack and platform in April 2021, before achieving a record-breaking month in May, in both volumes of payments and subscriptions.