AlfaTrade Review

AlfaTrade

AlfaTrade was an unlicensed Forex broker owned by Nemesis Capital BG Limited., located at; Oborishte District 21B, Moskovska, Str. Sofia, Bulgaria. Their local UK phone number is +44 203 514 0710, and from Sweden +74 99 705 2114.

Their email address is support@alfatrade.com, and for trader complaints read this.

AlfaTrade Platform Review

Traders at AlfaTrade can use MetaTrader 4, MT4, Web Trader, Mirror Trader, and for mobile traders can use the MT4 Mobile. The Mirror Trader is a nice software for those trades seeking automated Forex trading by mirroring / copying the trades of other traders. We caution you, that using automated trading software is extremely dangerous, and can result in the loss of your entire trading account. Social trading software is nice for idea generating and to see what trader sentiment is, see more here.

Their list of available assets for trading at AlfaTrade includes over 200 Forex and currency pairs, commodities (oil, gold silver), indices (majors and minors including: Spain35, Sweden30, Amsterdam25, MICEX, FTSE Italy, STOXX50 and more) plus shares.

The minimum deposit for a new account is now $500.

alfatrade License & Regulation

When the Scam Broker Investigator reviews a Forex broker to determine if they are a scam broker or a legitimate broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Or are are they licensed by the FCA in England.

AlfaTrade is not a licensed broker.

Nemesis Capital Limited, Oborishte District 21B, Moshovska, Str. Sofia, Bulgaria, serves as a payment service provider for Alfa Trade.

Compare AlfaTrade

There are many licensed broker that you can trade Forex CFD’s with…

24option is a popular broker, licensed in Europe by CySEC. Minimum deposit is only $100, plus their trading platform is easy to use, see here.

ETX Capital is an FCA licensed Forex & Binary broker that is very popular in the United Kingdom, see here.

Best Online Brokers

AlfaTrade Review

AlfaTrade

AlfaTrade was an unlicensed Forex broker owned by Nemesis Capital BG Limited., located at; Oborishte District 21B, Moskovska, Str. Sofia, Bulgaria. Their local UK phone number is +44 203 514 0710, and from Sweden +74 99 705 2114.

Their email address is support@alfatrade.com, and for trader complaints read this.

AlfaTrade Platform Review

Traders at AlfaTrade can use MetaTrader 4, MT4, Web Trader, Mirror Trader, and for mobile traders can use the MT4 Mobile. The Mirror Trader is a nice software for those trades seeking automated Forex trading by mirroring / copying the trades of other traders. We caution you, that using automated trading software is extremely dangerous, and can result in the loss of your entire trading account. Social trading software is nice for idea generating and to see what trader sentiment is, see more here.

Their list of available assets for trading at AlfaTrade includes over 200 Forex and currency pairs, commodities (oil, gold silver), indices (majors and minors including: Spain35, Sweden30, Amsterdam25, MICEX, FTSE Italy, STOXX50 and more) plus shares.

The minimum deposit for a new account is now $500.

alfatrade License & Regulation

When the Scam Broker Investigator reviews a Forex broker to determine if they are a scam broker or a legitimate broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Or are are they licensed by the FCA in England.

AlfaTrade is not a licensed broker.

Nemesis Capital Limited, Oborishte District 21B, Moshovska, Str. Sofia, Bulgaria, serves as a payment service provider for Alfa Trade.

Compare AlfaTrade

There are many licensed broker that you can trade Forex CFD’s with…

24option is a popular broker, licensed in Europe by CySEC. Minimum deposit is only $100, plus their trading platform is easy to use, see here.

ETX Capital is an FCA licensed Forex & Binary broker that is very popular in the United Kingdom, see here.

Best Online Brokers

Reviewed by Scam Broker Reviews
  • MohamedKhalifa

    An agent with a fake LinkedIn profile asked for my contacts, then i got a call form salesperson trying to explain me unrealistic trades with profit 200% and risk 3% , which is completely nonsense, he was pushing me to create an account to explain me more details, of course his motive was only to achieve his sales target, when i asked some technical questions he seemed not knowledgable at all in this industry, got nervous to the extent of being racist and hang up the call !!!!!

  • Hedi Staples

    They are scammers!! Take care world!! 🙂 from the first call she was looking for my credit card informations. Bull shit!!

  • Ihab Essa

    same happened to me through linkden and the woman was so eager to use my credit card , luckily it was empty , be careful guys

  • Ahmed Shady

    they are bloody thieves ,
    very nice lady speaks to you about the fortune you will earn,
    then after you make the stupid move and deposit money,
    nobody will care about you anymore,
    they have the worst customer service ever,
    they don’t reply your calls or emails , and when they answer they are extremely rude and they hanged the phone ,

    honestly , don’t risk your money with those thieves .
    this is my email for reference if anybody wants more details
    shadyzoro@gmail.com

  • Selvan Naidoo

    Hey, Ahmed
    Did you trade or just deposited? I found more complaints on the Internet about clients not being contacted, once they deposit…..

  • Hasan Muhammad (Hasancito)

    I had complain of clients not been contacted but i found out they only call once in a blue moon but they do call. I have received 3 calls so far but haven’t traded yet. I have approx $25o sitting there. Im bit concerned that as part of verification process they have asked for my debit card and credit card details that I used for depositing money, they said I can hide CCV number before sending them a copy. Fingers crossed.

  • Baljindar Singh

    hello, Alfa trade is a big scam broker, today they have stolen my hug amount of money €10350. So be avair form them.

  • Darian Scott

    big scam broker don’t invest with them