Abstract:Alfa Forex is a Russian online forex broker that creates the best service for its clients by offering a wide range of trading instruments and fund management. Alfa Forex claims to hold a retail forex license authorized by the Central Bank of Russia (license number: 045-14070-020000).
General Information & Regulation
Alfa Forex is a Russian online forex broker that creates the best service for its clients by offering a wide range of trading instruments and fund management. Alfa Forex claims to hold a retail forex license authorized by the Central Bank of Russia (license number: 045-14070-020000).
Market Instruments
Alfa Forex offers investors 29 popular currency pairs in the Forex market, such as EURUSD, GBPUSD, USDRUB, EURRUB, USDJPY, etc.
Leverage & Accounts
Alfa Forex offers leverage of 1:40 for major currency pairs such as EURUSD, GBPUSD, USDRUB, USDCHF, and 1:20 for USDZAR and USDMEX.
Spreads & Commissions
The spread is 1.2 pips for EURUSD, 2.1 pips for GBPUSD, 2 pips for USDJPY, 1.7 pips for USDCHF, and 1.8 pips for USDCAD.
Trading Platforms Available
Alfa Forex offers traders a white-label MT5 trading platform. MT5 is the latest version of MT4, with all the positive features of MT4, 21 time periods, 70 technical indicators. MQL5 programming language will be several times faster, and EA testing is more powerful. There are five order types and four execution modes, which can implement different order strategies. MT5 can provide more financial instruments, in addition to precious metals, foreign exchange, futures. It also provides real-time quotes and trading of financial investment products such as stocks, options, etc.