Alpha Tradex Review
Headquartered in Kingstown, Saint Vincent and the Grenadines, Alpha Tradex is an online trading broker that is committed to providing traders with knowledge and a good trading environment to maximize their trading experience. The broker offers multiple financial instruments across different asset classes, including metals, forex, indices, and commodities, via the MetaTrader 4 trading platform whilst providing traders with a range of trading tools and educational resources.
Alpha Tradex Review, Pros & Cons
- Intuitive trading platforms
- A range of useful trading tools
- Multiple trading instruments
- Located offshore
- No FIX API for DMA
- Not the lowest spreads
- Lack of educational resources
In this detailed Alpha Tradex 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.
Alpha Tradex Overview
Alpha Tradex is an online trading broker that is based in Saint Vincent and the Grenadines, and provides traders with intuitive trading platforms for trading different financial markets. Traders are provided with a range of educational resources, trading tools, and a client support team. There are multiple account options with spreads starting from 0 pips and leverage of up to 1:500 whilst charging zero commissions on trades.
Alpha Tradex Regulation
There is no regulatory information on the broker’s website at the moment. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Alpha Tradex Countries
The information on the broker’s website is not directed at residents of the United States, Belgium, North Korea, or any particular country outside St. Vincent & the Grenadines and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Some Alpha Tradex features and products mentioned within this Alpha Tradex review may not be available to traders from certain countries because of legal restrictions.
Alpha Tradex Platforms
The broker provides traders with the sophisticated MetaTrader 4 trading platform. The platform is very popular among traders because it has an intuitive interface. It has the following key features:
- Convenient accessibility through a range of different channels
- User-friendly interface
- Advanced capability for charting
- Flexible enough to support multiple markets
- Expert advisor system embedded in the platform
The platform is available as a desktop application for Windows and Mac computers, web, and a mobile app that is compatible with smartphone devices running on Android and iOS.
Alpha Tradex Trading Tools
To ensure that traders enjoy a seamless trading experience, the broker provides the following trading tools:
- Economic calendar
- Market overview & data
- Technical Analysis
- Heat Map Analysis
Alpha Tradex Education
There are no educational resources on the broker’s website at the moment.
Alpha Tradex Instruments
Alpha Tradex offers online trading of the following trading instruments: metals, forex, indices, and commodities.
Alpha Tradex Accounts & Fees
The broker offers a variety of different trading account options to suit the individual trading needs of clients. The account types are as follows: Standard, ECN, and Swap-Free accounts.
As broker fees can vary and change, there may be additional fees that are not listed in this Alpha Tradex review. It is imperative to ensure that you check and understand all of the latest information before you open an Alpha Tradex broker account for online trading.
Alpha Tradex Support
The broker provides traders with a customer support team that is on hand to give knowledgeable responses to clients’ technical, general, and account-related inquiries. They can be reached via telephone, email, call back form, and live chat.
Alpha Tradex Deposit & Withdrawal
Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank wire transfer
- Credit/Debit cards, including MasterCard, Maestro, and Visa
- E-Wallets, such as Neteller, Skrill, and more.
Alpha Tradex Account Opening
To open an account, click on the ‘Register Account’ button on the broker’s website and fill out the account application form properly, and then submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Alpha Tradex Summary
Putting it all together, Alpha Tradex is an online trading broker that provides traders with intuitive trading platforms for trading multiple financial instruments. Traders are provided with a range of trading tools and a client support team. There are multiple account options with spreads starting from 0 pips and leverage of up to 1:500 whilst charging zero commissions on trades.
Trading in Foreign Exchange, CFDs, and Equities on margin carries a high level of risk and may not be suitable for all investors. You are advised to carefully consider your investment objectives, level of experience, and risk appetite before deciding to trade. Trading in CFDs and margin forex involves the risk of losing substantially more than the initial investment, and CFD investors do not own or have any rights to underlying assets. It is possible to sustain a loss of some or all of your investment, therefore you should not invest money that you cannot afford to lose.