I do not recommend this broker. Very slow withdrawal process. Retail foreign exchange trading They gave me hard time and ask for so many documents.
- I am quite a skeptic about their legitimacy.
- PRtrend offer the following funding payment methods Credit cards, UnionPay, Bank Transfer, among other payment methods.
- Any payments funded to PRtrend accounts by traders are held in a segregated bank account.
- We are continuously developing new and improving existing financial products that allow you to trade with maximum comfort and efficiency.
- I wouldn’t recommend this forex broker to anyone.
- This will help Tradersunion.com to continue to provide our services to you for free.
There only a few assets and per lot is so much expensive. I am not too confident about this broker service. Signals and trading advice are not so effective. I tried my luck trading trader with this broker getting at least a passive income, however, I end up losing my money. They denied me my withdrawal without any valid reason. Do not trust them with your money.
Top 10 Forex Awards Nominations 2021
I am not happy with both services and signals. Worst customer service and unreliable signals. I will never recommend this broker, in fact, I warn everyone not to use them.
Is forex trading illegal?
Forex trading is legal, but not all forex brokers follow the letter of the law. While forex trading is legal, the industry is rife with scams and bad actors. Investors need to do their due diligence before venturing into what can be a Wild West version of global financial markets.
Moreover, the high foreign exchange liquidity of a European bank rated ‘AAA’ allows you to freely open and close positions of any value. This means that you have no restrictions when working with your savings on the Forex market. Among the list of other market tools is the Guardian Angel which is accessible directly from within MT4. The AlfaTrade Guardian Angel provides forex analytics real-time feedback on a trader’s trading progress, including feedback on his/her strategy’s success and how they can improve it for future trading. This feature gives traders the confidence to trade more effectively by offering personalized feedback and advice on past activity. One of the nicest features I have seen in quite awhile is the chart of trading conditions.
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The callback button at the right corner on the screen makes you wonder how long it would take to receive a solution to your issues. Overall, the customer service is not too impressive for this day and age. An established broker such as this should make caring for your customers a priority. Traders have an option to invest into the basic financial instruments. Most of the major and minor currency pairs are available to all accounts, as well as commodities , Russian stocks, British stocks, and Eurobonds.
We should also mark out the perfect quality and the speed of each order execution, low spreads, bank quotes, market swaps, high liquidity even during the relevant economic newscast releases. The Alfa-Forex broker tends to offer its customers the widest range of market analytics. Actual Alfa-Forex news you can read here. All Account Representatives are encouraged to take the Customer Function exam, an industry standard for managers which in our case is extended to everyone. The majority of our account reps are therefore approved.
The Oldest Reviews Of The Alfa
I am unable to withdraw my profit. They gave me hard time. I can not get good answers from them. I am not recommending this trading broker. Withdrawal is slow and I get less profit than what I expect to have. Customer service is good. However I have issues with withdrawals, it’s as if it’s almost impossible to withdraw.
Will never trade with them again. They are power trend website very unresponsive and a bit rude at times.
There is also a unit entitled ‘Terms’ where traders can benefit from an individual video on each important Forex term including ‘Pips,’ ‘Long and Short,’ ‘Take Profit Order,’ and others. At AlfaTrade traders can select over 200 Forex and currency pairs, commodities, such as oil, gold silver, both major and minor indices and stocks. AlfaTrade, founded in 2010, is a Forex broker owned by Alfa Trade Ltd.
During the time when I am still trading with them, I always encounter problems with the platform, too. Not so good profit and slow withdrawals. Good people but overall performance prtrend cheating is really poor. I will never recommend this broker to anyone. I have lost so much money. I am leaving this review to serve as a warning for all. Not worth my money and time.
As if something is not right with this broker service. They do block withdrawals by giving so many alibis.
With the guide below you will be able to navigate without much hustle on the website and manage all your online forex trading activities regardless of where you are. Between 74-89% of retail investor accounts lose money when trading CFDs. PRtrend does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.
Trading On PRtrend Web Platforms And Other Applications
The beginners may get interested in the articles subjected to fundamental and technical analysis conducting, various webinars and events, organized on a regular basis. Be sure to get detailed information about the Alfa-Forex brokerage company events on this page. If you wish to participate actively in the life of a broker to go Alfa-Forex webinars. We help 1,000s of forex traders every month accelerate their education through our free forex trading course.
Copy-trading services imply additional risks to your investments due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice.
The company’s website offers traders a range of useful tools and access to all of them are free. There are additional educational tools such as market analysis which is provided on a continuous basis. An updated economic calendar is posted with all the events and conferences being held throughout the world.
All reviews of Alfa-Forex published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders. Alfa-Forex is a major global broker focused on clients from the European Union, Russia, and CIS. As a reliable partner for dozens of banks and financial companies, we care about our business reputation. The interests of our clients are protected by the European standards adopted by our regulator, Cyprus Securities, and Exchange Commission . We are continuously developing new and improving existing financial products that allow you to trade with maximum comfort and efficiency. AlfaTrade provides the world renowned MetaTrader 4 desktop trading platform.
The choice of different trading platforms further expands a trader’s trading environment and provides him with a sense of accountability and responsibility. The fact that this broker is regulated by a reputable regulatory authority adds to the trader’s feeling of making his own decisions and taking control of his actions. The trading experience can be approached with confidence and assurance. Alfa-Forex is definitely not one of the best in the industry, but they still have many specs to offer to their traders.
I was convinced and make-believe that I will gain profit from this. Worst services have lost huge money instead. They can not even communicate well.
Annoying withdrawal process. Aside from it is very slow, they ask for so many requirements. Rude customer service. They sounded very sarcastic and do not even address concerns.