Alfa-Forex Review

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Company Overview

Alfa-Forex is an online brokerage firm that is a part of Russia’s largest private investment groups called the Alfa Group Consortium. For the past 10 years, Alfa-Forex has been offering foreign exchange services to online traders. It has perfected the art of order execution, which is evident from its special care for business reputation, huge trading volumes and integration with other members of the Alfa Group Consortium. This is only highlighted by the fact that it picked up the Broker of the Year award in 2013 and the Best Forex Bank Broker award in 2014 and 2015.

Trading Platform

Alfa-Forex offers three different trading platforms to its clients: namely MetaTrader 4, MetaTrader 5, and ZuluTrade. When it comes to online trading, MetaTrader 4 is the go-to choice for traders as it offers a very user-friendly interface with multilingual support. Moreover, MetaTrader 4 offers an in-depth analysis of the market by providing charts and data blocks that are updated in real time. Furthermore, expert advisors are present who can guide traders through the problems that they may face while trading online.

After spending years in development, MetaTrader 5 was launched recently and should not be considered just an update on its predecessor, MetaTrader 4, but a new trading platform altogether. It offers a completely revolutionary automated trading option which enables users to mirror the trading strategies of other experienced users so as to benefit from the market.

Another reason for the popularity of MetaTrader trading platforms is that they have launched mobile apps which allow users to view the subtle changes in the market on the go and make transactions while not being bound to the desktop. MetaTrader offers mobile applications for iOS, Windows Phone and Android devices.

An alternate to MetaTrader is ZuluTrade, which enables users to build strong forex trading strategies and evaluate and copy the trades of expert leaders. Like MetaTrader 4, ZuluTrade also offers mobile applications on all leading mobile platforms including iOS, Android and Windows Phone.

Features

  • Rated A++ in reliability by FitchRatings
  • Coupon income every day
  • Hundreds of CFD for any investment idea
  • No extra fee for CFDs on shares of Russian companies
  • A two-digit annual return in currency
  • Instant opening and closing of transactions
  • Convenient investment process
  • Tight spreads
  • Banking quotation
  • Market swap
  • Sustainable liquidity during news
  • High-quality transactions processing
  • Leverage up to 1:100

Customer Support

Alfa-Forex has one of the best customer support systems integrated into its website. It offers expert analysis in 5 different languages, namely Russian, English, Spanish, Georgian, and Armenian via a live chat feature that is almost always active. Clients can also phone, mail or email their complaints and queries to Alfa-Forex, which guarantees to look into the problem as soon as possible and come up with an effective solution.

Conclusion

Alfa-Forex is one of the best online brokerage firms. Whether it is about its impressive customer support or reliability in operation, Alfa-Forex offers so many lucrative incentives to its users, which have only cemented its position as a nearly flawless online broker.

Visit Alfa Forex

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