Alfa Financial Review

With over two decades of experience, Alfa Financial is one of Dubai’s oldest brokerage houses. They offer access to trade forex, metals, energies, futures, CFDs, and other financial markets with relative ease. Alfa Financial has become synonymous with professional and quality services, which cater to comprehensive trading requirements. Being one of the leading brokers in the Middle East, Alfa Financial has grown into a large and well-established international investment firm that considers itself to be a true market leader.

Pros / Cons
  • Sophisticated trading platforms
  • Multiple financial instruments
  • Educational resources & trading tools
  • Zero commission trading
  • Minimum deposit of $5,000
  • Limited deposit/withdrawal options
  • No USA clients

In this detailed Alfa Financial review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Our #1 Broker 2022

AvaTrade Logo
AvaTrade is an award-winning broker offering 1250+ instruments including Forex, Cryptos, Stocks & CFDs. They provide user-...
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Alfa Financial Overview

Alfa is a Financial and Monetary intermediary in the U.A.E. licensed to conduct intermediation in dealing in currencies and intermediates in money market transactions in the United Arab Emirates by the Central Bank of the U.A.E. The broker is bent on providing clients with access to high-quality online trading services. The minimum deposit required to start trading is $5,000, while zero commission is charged on trades.

Alfa Financial Regulation

Alfa Financial is licensed and regulated by the Central Bank of the United Arab Emirates under License No. 126/5/95. The Central Bank of the United Arab Emirates is the state institution responsible for managing the currency, monetary policy, and banking regulation in the United Arab Emirates.

Alfa Financial Alfa Financial Countries

Traders from different parts of the globe can open a live trading account with the broker, provided that doing so would not be contrary to local laws or regulations.

Some Alfa Financial features and products mentioned within this Alfa Financial review may not be available to traders from certain countries because of legal restrictions.

Alfa Financial Platforms

The broker provides traders with the AX1 Trader and MT4 trading platforms.

MetaTrader 4

The MT4 trading platform is an advanced trading platform that was launched in 2005 by MetaQuotes. It is a universal trading platform that provides a powerful trading system with support for three execution modes and eight order types. The platform offers straightforward to the global financial markets. The platform is available in desktop, web, and mobile versions.

Alfa Financial MT4 Trading Platforms

Alfa Financial MT4 Trading Platforms

AX1 Trader

AX1 Trader is a next-generation platform that strives to meet all the whims and fancies of the most demanding retail trader. At the same time, the AX1 Trader platform endeavors to be the ultimate management console for a typical financial trading service provider. The modules included in the platform provide a wide range of customized solutions, catering to any business requirement in the fast-paced financial trading world. The AX1 Trader has been designed with a customer-centric approach and is fully customizable. It has a practical and adaptable structure that is capable of handling any trading-related process. It is available in the following versions: desktop, web, and mobile versions.

Alfa Financial AX1 Trading Platform

Alfa Financial AX1 Trading Platform

Alfa Financial Trading Tools

Apart from the built-in tools of the provided trading platforms, traders benefit from some standalone trading tools that are aimed at assisting them with their daily trading activities. These tools include a market outlook and an economic calendar that allows clients to access their real-time economic events calendar and stay updated with the market happenings.

Alfa Financial Economic Calendar

Alfa Financial Economic Calendar

Alfa Financial Education

The broker provides traders with various educational resources that are designed to help them make knowledgeable trading decisions. Some of these learning materials include FAQs, blogs, learning articles, and a glossary of trading terms, along with their detailed explanations.

Alfa Financial Blog

Alfa Financial Blog

Alfa Financial Instruments

The broker offers the following financial assets: forex, metals, energies, futures, CFDs, and more.

Alfa Financial Accounts & Fees

Traders are required to open a single live trading account to start trading. Multiple accounts are not allowed for a single user. The minimum deposit requirement is $5,000, a leverage of up to 1:100 is available.

As broker fees can vary and change, there may be additional fees that are not listed in this Alfa Financial review. It is imperative to ensure that you check and understand all of the latest information before you open an Alfa Financial broker account for online trading.

Alfa Financial Support

The broker offers a professional customer support team who are available 24/5 and can be contacted via telephone, email, Live Chat, and social media.

Alfa Financial Deposit & Withdrawal

Alfa Financial accepts the following payment methods for both account deposits and withdrawals: bank transfers, credit/debit cards, and some electronic payment gateways.

Alfa Financial Account Opening

To open an account, click on the ‘Open Live Account” button at the broker’s website’s top right corner. Fill in the account application form appropriately, and then submit.

Alfa Financial Account Form

Alfa Financial Account Form

It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.

Alfa Financial Summary

Launched in 1993, Alfa Financial is a multi-asset brokerage firm that operates from the UAE. They allow clients to trade multiple financial instruments via the AX1 Trader and MT4 trading platforms. They provide customers with competitive trading conditions to ensure a hitch-free trading process. They also offer various learning and trading tools and a customer support team to assist traders. The Central Bank of UAE regulates the broker.

Trading Forex / CFD’s on margin carries a high level of risk, is subject to rapid and unexpected price movements, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Before trading any products marketed by Alfa Financial or its affiliates, carefully consider your financial situation and experience level and seek independent financial advice.

Alfa Financial Logo

Min $5,000 Deposit

Alfa Financial is a regulated online broker based in the UAE, offering Forex, Futures & CFD trading.