Abstract:ALANFX was established in 2009, headquartered in London, the UK, and is a global provider of professional financial services. With the continuous expansion of the business, the ALANFX network has now covered Australia, the United Kingdom, Japan, New Zealand, and other places. In 2018, the ALANFX group reorganized its business structure, further optimized the business platform. It continued to expand overseas markets for product services more focused on the continued development and diversification of forex, providing intelligent online trading and real-time quotation system, and the latest global market information. ALANFX Group currently holds a money-broking business license from the Transactions and Reports Analysis Centre of Canada (license number: M20577865), an authorized representative license (license number: 001284918) from the Australian Securities and Investment Commission, and a general financial license from the National Futures Association of the United States (License No
General Information & Regulation
ALANFX was established in 2009, headquartered in London, the UK, and is a global provider of professional financial services. With the continuous expansion of the business, the ALANFX network has now covered Australia, the United Kingdom, Japan, New Zealand, and other places. In 2018, the ALANFX group reorganized its business structure, further optimized the business platform. It continued to expand overseas markets for product services more focused on the continued development and diversification of forex, providing intelligent online trading and real-time quotation system, and the latest global market information. ALANFX Group currently holds a money-broking business license from the Transactions and Reports Analysis Centre of Canada (license number: M20577865), an authorized representative license (license number: 001284918) from the Australian Securities and Investment Commission, and a general financial license from the National Futures Association of the United States (License No. 0529684).
Market Instruments
Tradable financial instruments that traders can trade online with ALANFX include forex instruments, spot gold, spot silver, crude oil, as well as CFDs. ALANFX requires no minimum deposit for opening an a live account.
Minimum Deposit
ALANFX provides investors with three account types: Standard, Pro, and Premium. The different account tiers offer different spreads and different capabilities.
Leverage
In terms of trading leverage, forex trading can use the leverage level of up to 1:100, indices CFDs with the leverage of 1:100. New traders are advised to get away from the high leverage, as it may magnify returns but also risks.
Spreads & Commissions
The spreads on the ALANFX trading platform are 0.9 pips for EURUSD, 1.5 pips for GBPUSD, 1.6 pips for AUDUSD, 1.3 pips for EURGBP, 1.5 pips for USDCAD, 1.9 pips for AUDJPY, 5 pips for HKDCHN, and 20 pips for USCHN.
Trading Platform
ALANFX offers traders the MT5 trading platform with advanced charting analysis, the ability to trade with one click, and a mobile stop-loss feature for PC and mobile versions.
Deposit & Withdrawal
Generally, ALANFX does not charge any fees for withdrawals and deposits, and forex traders can use UnionPay debit cards to make deposits. Withdrawals are in CNY and take 1 to 2 business days to arrive.