Operating from Seychelles, Alpho is an online trading broker that offers a modern way to invest in global financial markets — forex, commodities, indices, shares, and more. They provide traders with the advanced MT5 trading platform, which is available in different versions. Traders benefit from various competitive trading conditions, such as floating spreads, zero commissions, and more. The broker provides educational resources, useful trading tools, and 24/5 customer support.
Alpho Review, Pros & Cons
- Advanced trading platform
- Multiple financial instruments
- Educational recources
- Trading tools
- Lacks strict regulation
- Limited account types
- Limited account funding options
- No USA clients
In this detailed Alpho 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.
Alpho is a multi-asset brokerage firm that allows traders to buy and sell multiple financial instruments using the popular MT5 trading platform. Traders are provided with all the necessary resources they need to get the most out of their trades. Over the years, Alpho has bagged several industry awards in recognition of its satisfactory trading services. These include the Best CFDs Broker and Best Retail Forex Broker awards, which were both awarded by Forex Expo.
Alpho is a brand of Gulf Brokers Ltd. a limited liability company regulated as a Securities Dealer by the Seychelles Financial Services Authority of Seychelles (“FSA”) with license number SD013 to carry out certain categories of financial investment business as permitted under the Seychelles Securities Act 2007.
Alpho does not offer its services to the residents of certain jurisdictions, such as Afghanistan, Cuba, Crimea, Israel, Sudan, North Korea, Ethiopia, Iran, Bosna and Herzegovina, Iraq, Lao People’s Democratic Republic, Syria, Uganda, Vanuatu, and Yemen.
Some Alpho features and products mentioned within this Alpho review may not be available to traders from certain countries because of legal restrictions.
Alpho allows clients to trade the available assets using the MT5 trading platform, which is an advanced platform that was launched in 2010 to succeed the MT4 trading platform. The MT5 trading platform features an intuitive interface, which makes it suitable for both new and experienced traders. It is the most advanced multi-asset platform for trading currencies, metals, stock exchange instruments, and hundreds of other derivative assets. The platform is loaded with flexible trading systems, algorithmic trading, multiple charting & analysis, and one-click trading. The broker makes the MT5 trading platform available in desktop, web, and mobile versions.
Alpho Trading Tools
There is an Economic Calendar on the broker’s website. The Economic Calendar is a standalone trading tool that shows the schedule of future market events along with their expected impacts on the financial markets.
The broker’s website contains a selection of educational resources. These learning resources include market reviews, glossaries, blogs, an FAQ section, and market news that keeps traders up to date with the latest happenings in the financial markets.
Alpho offers the following trading instruments: forex, commodities, indices, shares, and more.
Alpho Accounts & Fees
Alpho allows traders to open a Standard live trading account with a minimum deposit of $100.
As broker fees can vary and change, there may be additional fees that are not listed in this Alpho review. It is imperative to ensure that you check and understand all of the latest information before you open an Alpho broker account for online trading.
The broker provides traders with a knowledgeable client support team who are available 24/5 to respond to their trading inquiries. The support team can be reached through telephone, email, or social media.
Alpho Deposit & Withdrawal
Alpho accepts most major credit/debit cards — Visa, MasterCard, and Maestro — for account deposits and withdrawals.
Alpho Account Opening
To open an account, simply click on the ‘Join’ button at the top right corner of the broker’s website. Fill in the account application form and provide the required KYC documents.
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 with them.
Putting it all together, Alpho is an online broker that allows clients to buy and sell multiple financial instruments through the MT5 trading platform. There are various educational resources, trading tools, and a responsive customer support team to assist traders. Traders benefit from various competitive trading conditions, such as floating spreads, zero commissions, and more. The minimum deposit required to begin trading is $100.
Trading in leveraged products carries a high level of risk and may not be suitable for all investors. The past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested.