Forex Brokers

ALB

ALB is a foreign exchange, CFD online dealer providing financial services to retail clients

ALB is a foreign exchange, CFD online dealer providing financial services to retail clients, professional clients (including collective investment schemes). The corporate entity was registered in Malaysia in 2017 and has a full license from the Malaysian Financial Services Authority (MFSA) and an EU Authorized Representative license from the UK Financial Market Supervisory Authority.

Security Analysis

All client funds deposited with ALB are completely separated from the company's own funds and kept in separate bank accounts. And the company's interim and annual financial reports are audited by the world's leading financial audit firm to ensure that client funds cannot be misappropriated. In addition, the company is a member of (ICS).

Main business

ALB's trading products include foreign exchange (more than 100 foreign exchange currency pairs can be traded), commodities (including soft commodities such as soybeans, corn and wheat), indices (North American, European and Asian stock indices), stocks, energy (West Texas Intermediate Crude Oil, Brent Crude Oil, and Natural Gas CFDs), CFDs on precious metals, etc.

Leverage & Account

The leverage of foreign exchange products is 1:30 for ordinary customers and 1:100 for experts. The leverage of commodities is 1:10 for ordinary customers and 1:50 for experts. The leverage of energy commodities is 1:10 for ordinary customers and 1:50 for experts. The leverage of stock index CFDs is 1:20 for ordinary customers and 1:50 for experts. The leverage of cryptocurrencies is 1:2 for ordinary customers and 1:5 for experts. The company has set up basic accounts, silver accounts, gold accounts and VIP accounts.

Spread & Fees

The main spreads for foreign exchange products are 1.5 for EURUSD basic accounts, 1.1 for silver accounts, 0.9 for gold accounts, and 0.7 for VIP accounts. The GBP/USD spread is 1.8 for the basic account, 1.4 for the silver account, 1.2 for the gold account, and 1 for the VIP account.

The spread between USD and JPY is 1.6 for basic accounts, 1.2 for silver accounts, 1 for gold accounts, and 0.8 for VIP accounts. Commodities, energies, CFDs on stock indices, and cryptocurrencies have a commission of EUR 10 per lot.

Trading Platform

ALB provides customers with stable trading platforms supported by MetaQuote technology: MetaTrader 4, MetaTrader 5 and Web Trader. MT4 is the world's largest trading platform with the largest group of traders, who can trade, analyze and manage risks synchronously. MT5 is the most advanced multi-asset trading class trading platform, suitable for high-volume, technical and fundamental traders. Web Trader allows traders to trade using any web browser (Windows, Mac, Linux) that has the same functionality as the desktop version.

Deposits

Account deposit methods are bank transfer and credit card. The currencies accepted for bank transfer are EUR, USD, GBP, CHF, and no handling fee will be charged. The currencies accepted by the credit card are EUR, USD, and there is no handling fee. There are no fees for withdrawals, and the speed is fast.

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