Since AlfaBTCs official website (https://www.alfabtc.com) cannot be opened for now, we could only piece together the rough picture of this broker through gathering some relevant information from other websites.
General Information
AlfaBTC seems to be a forex broker registered in the United Kingdom, which was not established long. Since AlfaBTCs official website cannot be opened for now, we were unable to obtain more essential information, such as trading assets, maximum leverage, spreads, and more.
AlfaBTC appears to offer a series of account options to suit different traders trading needs. However, the minimum deposit required by this broker is extremely high.
However, when it comes to regulatory information, AlfaBTC disappoints us as it is not authorized or regulated by any regulatory authority. Thats why WikiFX gives it a very low score of 1.07/10.
Account Types
A total of seven types of trading accounts are available options, namely Bronze, Silver, Gold, Platinum, Diamond, Premium and VIP. However, the minimum deposit required by each account is ridiculously high, with the Bronze account from € 10,000, the Silver account from € 25,000, the Gold account from € 50,000, the Platinum account from €100,000, the Diamond account from € 500,000, and the VIP account from € 1,000,000. Unfortunately, more account features are not disclosed.
Leverage
Leverage information is not mentioned. However, some leverage rules set by most regulators are: maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size (no more than a 1:10).
Customer Support
Clients with any inquiries or trading-related issues can get in touch with AlfaBTC through the following contact channels:
Telephone: +44 2037723257
Email: support@alfabtc.com
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Frequently Asked Questions
What trading instruments are offered by AlfaBTC？
Trading instruments offered by AlfaBTC is not disclosed.
What types of trading accounts are available with AlfaBTC？
Seven types of trading accounts are available options, namely Bronze, Silver, Gold, Platinum, Diamond, Premium and VIP.
What is the minimum deposit required to get started with AlfaBTC？
The minimum deposit to trade with AlfaBTC is € 10,000
2023-02-21 15:35
2022-12-05 11:48
2022-12-02 18:35
