ALB Review

Rana Adnan | September 22, 2020

ALB is an online trading broker that is based in Malta and provides traders with various sophisticated trading platforms for trading a wide variety of financial instruments, including forex, commodities, indices, energies, equities, and cryptocurrency. They provide traders with a selection of educational resources and trading tools.

Broker Pros / Cons
  • Multiple trading platforms
  • A range of useful trading tools
  • A selection of educational resources
  • A wide variety of trading instruments
  • Limited trading account types
  • Limited deposit & withdrawal methods
  • Not the tightest spreads
  • Located offshore
  • No USA clients

Summary

ALB is a multi-asset brokerage firm that offers multiple financial instruments for trading online, along with a range of other trading services and features, including investor protection, segregation of funds, cutting edge technology, various platforms, research, and analysis. There is a dedicated customer support team available to assist traders. The broker has been honored with numerous industry awards, including Best Newcomer 2017, Best Forex Company Europe 2019, and more.

ALB Awards & Nominations

ALB Awards & Nominations

Regulation

ALB Limited is authorized and regulated by the Malta Financial Services Authority with license number: IS/79767.

Traders from different parts of the globe can open a trading account with the broker if doing so would not be contrary to any local law or regulation.

Platforms

MT4/MT5

The MT4 and MT5 trading platforms were launched in 2005 and 2010 respectively by the Russian software corporation, MetaQuotes. MetaTrader 4 is one of the world’s most popular trading platforms due to its simple and intuitive interface with a wide range of management tools, and graphic applications. It allows traders to automate their trades using expert advisors (EAs).

The MT5 trading platform has all of the same features of the MT4 but with advanced features and capabilities, such as MQL5 programming language, multilingual user interface, support for 21 time-frames, and technical and fundamental analysis tools. The MT5 platform is a multi-asset trading platform that clients can use to trade shares and other assets.

Both the MT4 and MT5 trading platforms are available as desktop applications for Windows and Mac computers, WebTraders, and mobile trading apps for Android and iOS devices.

ALB MetaTrader Trading Platforms

ALB MetaTrader Trading Platforms

cTrader

cTrader is a leading multi-asset forex and CFD trading platform, offering rich charting tools, advanced order types, level II pricing, and fast trade execution. With a stunning user interface, the cTrader trading platform is connected to the most sophisticated backend technology and is available as desktop, web, and mobile versions.

ALB cTrader Trading Platform

ALB cTrader Trading Platform

Tools

Traders are provided with a range of useful trading tools, such as Research & Analysis, Economic Calendar, Autochartist, and Market Outlook.

Education

The broker’s website contains some educational materials, such as learning articles and an FAQ section that gives instant answers to the most common questions traders may have.

Markets

ALB offers the following trading instruments: forex, commodities, indices, energies, equities, and cryptocurrencies.

Accounts

Traders can open a live trading account and a demo account for practice purposes.

Support

The broker’s client support team is available to respond promptly to traders’ inquiries through telephone, email, Live Chat, and social media.

Funding

ALB allows traders to deposit and withdraw using any of the following payment methods:

  • Bank transfer
  • Credit/Debit cards

Signup

To open an account, click on the ‘Open Account’ button and fill in the account application form, entering the required information and checking the relevant boxes, and then submit.

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

ALB is an online trading broker that operates from Malta, providing traders with industry-standard trading platforms for trading the offered products via desktop, web and mobile. In addition this, they have a selection of trading tools to assit traders and have won several industry awards in honor of their brokerage services.

ALB Logo

Min $200 Deposit

ALB is a multi-asset brokerage firm that offers multiple financial instruments for trading online, along with a range of other trading services & features.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

Share

If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.

Leave a Reply