ALPHA TRADING HUB
Overview of ALPHA TRADING HUB
ALPHA TRADING HUB is a forex and CFDs broker that was established in 2015 and is registered in Comoros. It claims to be regulated by the MWALI International Services Authority with a regulatory license number T2023165. However, the credibility of this regulatory body is questionable. This prompts alarm about the effectiveness of the regulatory environment, suggesting that investors should be cautious when considering a partnership with ALPHA TRADING HUB.
Despite this, the company provides a inclusive range of market instruments, including forex, commodities, and indices, all accessible through CFDs. The MT5 platform ensures efficient trading experiences, offering access to a wide array of trading instruments with tight spreads and competitive pricing.
The broker offers three types of live trading accounts: Standard Account, VIP1 Account, and VIP2 Account, each tailored to different trading strategies and preferences. Additionally, the broker provides a free and 30-day lifespan demo account, allowing traders to practice with virtual funds before engaging in live trading.
Regulatory Status
ALPHA TRADING HUB has no valid regulatory certificates.
Although it claims to be regulated by the MWALI International Services Authority, holding regulatory license number T2023165, the effectiveness of regulatory agencies in the Comoros Islands in overseeing the forex market is questionable. Therefore, investors need to exercise extra caution when deciding whether to establish a partnership with ALPHA TRADING HUB.
Pros and Cons
ALPHA TRADING HUB has several advantages, including comprehensive range of market instruments, straightforward account opening process, various account types to suit different trading needs, high leverage and competitive spreads and Diverse trading opportunities across multiple asset classes.
However, it has l complex and questionable regulatory status, no fixed spread accounts and limited educational resources for beginners.
Market Instruments
Alpha Trading Hub provides a comprehensive range of market instruments, including forex, commodities, and indices, all accessible through CFDs. The MT5 platform ensures efficient trading experiences, offering access to a wide array of trading instruments with tight spreads, competitive pricing.
Forex trading with Alpha Trading involves utilizing CFD products, allowing traders to capitalize on price movements in currency pairs like EURUSD without the need to physically hold the currency being traded.
When it comes to commodities trading, Alpha Trading offers CFDs on popular spot commodities, providing traders with higher leverage and greater exposure to the underlying instrument. Traders can access to over 300 trading instruments from 6 asset classes through the MT5 platform.
Indices trading involves tracking the performance of a basket of securities, offering a more economical and less stressful way to diversify investment portfolios. Moreover, traders can also explore the precious metals market and stock market.
Alpha Trading Hub empowers traders to navigate the financial markets with confidence and efficiency, offering access to diverse trading opportunities across multiple asset classes.
Account Types
ALPHA TRADING HUB offers three types of live trading accounts: Standard Account, VIP1 Account and VIP2 Account. Traders can select the account type that aligns with their trading strategy and enjoy competitive spreads and high leverage for enhanced trading opportunities.
Additionally, ALPHA TRADING HUB also provide a free and 30-days life span demo account. The demo account comes with virtual funds that can be used to trade various financial instruments, including forex, commodities, indices.
How to Open an Account？
Opening an account with ALPHA TRADING HUB is a straightforward process that can be completed in a few simple steps:
Create Account & Install the App: Visit the ALPHA TRADING HUB website and click on the “Open Live Account” button. You will be directed to the registration page, where you need to provide some basic personal information, such as your name, email address, and phone number.
Trader Choose One & Set Volume: Choose the type of trading account that best suits your trading preferences. ALPHA TRADING HUB typically offers different account types, each with its own set of features and trading conditions.
Confirm Transactions: Check the minimum lot that suits you.
Make Deposit Funds: Once your account is verified, you can proceed to fund your trading account. ALPHA TRADING HUB supports various payment methods, including bank transfers, credit/debit cards, and online payment systems.
Start Trading: With your account funded, you can now access the trading platform provided by ALPHA TRADING HUB and start trading. The platform may include features like real-time market data, advanced charting tools, and various order types to execute trades effectively.
Leverage
At ALPHA TRADING HUB, traders are empowered with a high leverage ratio of up to 500:1 across all account types, which can be adjusted as needed. Stop loss orders for risk management are available with no restrictions. This allows traders to handle larger trading positions with smaller capital, potentially increasing profits.
Spreads & Commissions
ALPHA TRADING HUB provides competitive pricing with low spreads, starting from 0.0 pips on ECN accounts for popular currency pairs. With an average execution speed of 25ms, traders can promptly enter trades and capitalize on opportunities. Traders can benefit from tight spreads, optimal pricing, and swift execution, alongside access to daily market analysis and research conducted by a team of professional analysts.
However, ALPHA TRADING HUB does not offer fixed spread accounts.
It is also worth noting that The Traders Domain offers different account types, and each account type has a different spread structure. For instance, the VIP1 and VIP2 account offers tighter spreads with a commission charged per trade, while the standard account has wider spreads with no commission charged.
Trading Platform
ALPHA TRADING HUB's trading platform offers two convenient options: the MT5 Platform, providing various tools and accessibility across multiple devices for online trading, and the Web Trader platform, catering to traders who prefer a web-based solution.
MetaTrader 5 Platform: With an intuitive interface and multifarious tools, MT5 enables successful online trading across various devices, including Windows, Mac OS, iOS, Android, and web browsers. It ensures traders can execute transactions and perform in-depth analysis anytime, anywhere, with full support for trading functions and extensive analytical capabilities.
Web Trader: Additionally, for traders who prefer a web-based solution, ALPHA TRADING HUB offers the Webtrader platform. With no additional software needed, traders can enjoy immediate access to global markets directly from any internet browser.
Deposit & Withdrawal
Alpha Trading Hub makes it simple to move your money from place to place. They provide a range of account funding and account withdrawal options in multiple base currencies, including USD, EUR, GBP, THB, IDR, and VND.
For deposits, clients have an array of options to choose from, including Local Bank Transfer, Credit Card, Wire Crypto (USDT, BTC), WhatsApp, and more. The minimum deposit across most methods is $100, with the exception of bank wire, which requires a minimum of $500. Notably, bank wire and WhatsApp deposits may take 1-2 working days to process, whereas other deposit methods are instant.
When it comes to withdrawals, Alpha Trading Hub aims to process most requests within 24 hours. However, bank wire withdrawals have the longest processing time, ranging from 3 to 5 working days. The minimum withdrawal amount for bank wire is $500, while WhatsApp withdrawals require a minimum of $100. Other withdrawal methods have a minimum threshold of $50.
Customer Support
For any inquiries regarding customer support, trading hours, funding accounts, or opening new accounts, ALPHA TRADING HUB provides various contact options to assist clients with different needs:
Phone: Phone support is available in multiple languages, and clients can find phone numbers for their respective countries on the broker's website. Traders can reach ALPHA TRADING HUB customer support through phone at the international number +1 784 485 6124 or by contacting its branches using the number provided below.
Email: Clients can also contact the customer support team via email. General customer support can be contacted at support@alphatradinghub.com.
Social media: ALPHA TRADING HUB also offers social media channels such as Facebook, Twitter and Instagram.
Leave a message: Additionally, clients can leave a message on the website using the message box.
Educational Resources
ALPHA TRADING HUB offers free training and learning sessions on forex, CFDs, oil, and gold trading, provided by experienced traders. It provides educational materials in the form of videos.
Moreover, ALPHA TRADING HUB provides its clients with a range of trading tools, including economic calendars and market analysis.
Additionally, ALPHA TRADING HUB has an extensive MT5 FAQ section on its website that covers a wide range of topics related to trading with MT5 platform.
Conclusion
Alpha Trading Hub offers a diverse range of market instruments and a straightforward account opening process, along with high leverage and competitive spreads.
However, the complex and questionable regulatory status, absence of fixed spread accounts, and limited educational resources for beginners are factors that potential clients should carefully consider before engaging with the brokerage. It is important for investors to weigh these pros and cons when making decisions about their trading activities.
FAQs
Q: What types of trading accounts does ALPHA TRADING HUB offer？
A: ALPHA TRADING HUB provides three types of trading accounts, namely the Standard Account, VIP1 Account and VIP2 Account.
Q: What is the maximum leverage offered by ALPHA TRADING HUB？
A: ALPHA TRADING HUB offers a maximum leverage of up to 500:1.
Q: What payment methods are accepted by ALPHA TRADING HUB？
A: ALPHA TRADING HUB accepts various payment methods, including Credit Card, Bank/Wire Transfer, and Crypto.
Q: How can I contact ALPHA TRADING HUB customer support？
A: Traders can reach ALPHA TRADING HUB customer support through phone at the international number +1 784 485 6124.
Q: What educational resources does ALPHA TRADING HUB offer？
A: ALPHA TRADING HUB provides various educational resources, including videos, economic calendars and market analysis.
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