Alfa-Forex Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Alfa-Forex trading signals. You will learn what kinds of trading signals Alfa-Forex offers and what the conditions for using them are.
Short introduction of Alfa-Forex
“Alfa-Group” — is the one of the biggest investment groups in the Russian Federation. This company has started its activity in the year 1989. Present days, this broker can offer top-class and secure trading, as well as the possibility to make additional earnings via the partner program.
| 💰 Account currency: | USD, EUR |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:40 |
| 💱 Spread: | From 2 points |
| 🔧 Instruments: | Currency pairs |
| 💹 Margin Call / Stop Out: | 100% / 85% |
Alfa-Forex Pros and Cons
👍 Advantages of trading with Alfa-Forex:
•the company has a license; therefore all financial operations are protected by law and are carried out following the standards set by the regulator;
•there is no limit on the minimum withdrawal amount;
•good liquidity;
•quite attractive trading conditions.
👎 Disadvantages of Alfa-Forex:
•the support service does not work on weekends;
•no cent account;
•it is not possible to withdraw funds to electronic wallets.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
-
Copy trading.
-
Email alerts.
-
Signals through a blog on the website.
-
Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
Alfa-Forex Trading Signals
Our analysts checked the brokerage company for the presence of trading and non-trading commissions. First, they considered the spread of the company, and second - additional fees for withdrawing funds from the trading account.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | From $20 | No |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that Alfa-Forex does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
- Deriv Trading Signals
- Valutrades Trading Signals
- Unocoin Trading Signals
- Poloniex Trading Signals
- Bitkub Trading Signals
- InterTrader Trading Signals
- Hoo Trading Signals
- Just2Trade Trading Signals
- AltCoinTrader Trading Signals
- Bitfinex Trading Signals
- BitGet Trading Signals
- ProBit Trading Signals
- Gerchik&Co Trading Signals
- 4XC Trading Signals
- EXMO Trading Signals
- Libertex Trading Signals
- XMTrading Trading Signals
- Orbex Trading Signals
- Admiral Markets Trading Signals
- BitMEX Trading Signals
- FXORO Trading Signals
- Atani Trading Signals
- Hantec Markets Trading Signals
- Crex24 Trading Signals
- FxPro Trading Signals
- Bitso Trading Signals
- XTrend Speed Trading Signals
- Fidelity Trading Signals
- Exinity Trading Signals
- LCG Trading Signals
FAQs
Can I test signals on a demo account?
If you mean copy trading, it depends on the broker. If the signals are provided as a newsletter or notification, you can decide where and how to test them yourself.
Can I lose money by trading signals?
Keep in mind that there are no ideal trading signals and trading signals may lead to a loss of funds. There are always risks.
For what assets can trading signals be provided?
Brokers may provide trading signals for any asset, for example Forex, stocks, cryptocurrencies, etc.
Related Articles
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.