Alpha Trade is a new Forex & CFD broker that is licensed by ASIC in Australia. Alpha.Trade is owned by AGM Markets Pty Ltd and located at; 189 Balaclava Rd, Level 1, Caulfield North Victoria 3161 Australia. Contact phone number is: +61 38 594 2228, and customer support email address is: firstname.lastname@example.org. Official website: https://www.alpha.trade/.
Scam Trading Robots
WARNING: Do Not use an trading signal software until you read this article.
The most popular software now available is the FX Master Bot.
Alpha Trade Review
A review of the new Forex broker Alpha Trade shows that they give investors the classic MetaTrader4 trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. You will find hundreds of underlying assets available for trading CFD’s, including all the popular Major & Minor Forex Pairs, Market Indexes, Individuals Shares, and Commodities like Brent, Crude Oil, Platinum, Coffee, and Sugar.
Their website and customer support is currently only available in English. Maximum leverage on Forex pairs goes as high as 300:1, and spreads on the Euro Dollar pair are as low as 0.08. Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.
You can choose from four different account types, with the minimum deposit for a Bronze Account being $2,500. That is very high for many new traders, so if you want to start smaller look at the popular brokers here.
Alpha Trade License
When the Scam Broker Investigator reviews a new Forex broker to determine if they are a scam or legitimate company, the first thing we look for is a valid brokers license.
Investors always trade with a licensed broker to be sure that their money is stored in in segregated bank accounts. If you want to see how the scams operated you can read this.
AGM Markets Pty Ltd is licensed by ASIC with ABN number: 87 158 706 766, and AFSL# 422662.
Compare Alpha Trade
Smart investors always review a few different brokers before making a final decision.
We ask current Alpha Trade clients to please share your experience with this broker, in the comments section below.