AlfaTrade Review
62
Review
Fast Facts
Account types
| Basic | Silver | Gold | Platinum | Diamond | |
|---|---|---|---|---|---|
| Minimum Deposit | 5'000 USD | 10'000 USD | 25'000 USD | 100'000 USD | 1'000'000 USD |
| Maximum Leverage | 1:50 | 1:100 | 1:200 | 1:400 | 1:1'000 |
| Spread from (pips) | |||||
| Commission per lot (USD) | |||||
| Minimum Trade Size | |||||
| Step | |||||
| Execution Type | |||||
| Trading Instruments | Crypto, CFDs, Forex | ||||
| Margin Call | |||||
| Stop out | |||||
| Swap Free | |||||
| Currency | AUD, GBP, EUR, USD | ||||
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer, UnionPay, Credit/Debit Cards
- Withdrawal Methods: Bank Wire Transfer, UnionPay, Credit/Debit Cards
- Account Currencies: AUD, GBP, EUR, USD
Contact Info and Support
First Floor, First St Vincent Bank Ltd Building James Street, Kingstown, 1574, St. Vincent and the Grenadines
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | September 2025 | 0 |
| October 2025 | 0 | |
| November 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About AlfaTrade
AlfaTrade is presented as a broker registered in Saint Vincent and the Grenadines with SVG FSA registration number 1752LLC2022 and operating from “First Floor, First St Vincent Bank Ltd Building James Street, Kingstown, 1574, St. Vincent and the Grenadines.” It offers multiple account types—Basic (min deposit 5 000 USD, max leverage 1:50), Silver (10 000 USD, 1:100), Gold (25 000 USD, 1:200), Platinum (100 000 USD, 1:400), Diamond (1 000 000 USD, 1:1000)—with trading instruments including cryptocurrencies, CFDs, and forex. Platforms are web-based; base currencies include AUD, GBP, EUR, USD; no Islamic/swap‑free accounts, no hedging, no scalping, no Expert Advisors (EAs), no negative balance protection (NBP). These details are confirmed via AlfaTrade’s own specifications.
Multiple regulatory authorities have issued warnings against AlfaTrade as unauthorised to provide investment services. The Spanish CNMV issued a warning on 18 September 2025 indicating the entity is not authorised. Consistent with this, the Italian CONSOB issued resolution No. 23170 on 19 June 2024 warning that AlfaTrade is not authorised. AlfaTrade’s SVG FSA registration does not equate to a license to conduct forex or CFD trading, per SVG FSA’s own statement. Independent platforms such as BrokersView report that AlfaTrade’s SVG FSA registration is cancelled and its domain currently inaccessible; it is characterised as an unregulated or clone firm with withdrawal and price‑manipulation issues.
Who it’s for
- None—no specific target audience can be responsibly described due to its unregulated status and regulatory warnings
Pros
- Offers a range of account types differentiated by deposit size and leverage
- Supports multiple base currencies and asset classes including crypto, CFDs, and forex
Cons
- Operates without valid regulation; SVG FSA registration does not authorize forex services, and registration appears cancelled
- Multiple regulatory warnings issued by CNMV (Spain) and CONSOB (Italy)
- Independent investigations report it as a clone or scam entity with serious issues regarding withdrawals and transparency
- No support for Islamic accounts, hedging, scalping, EAs, or negative‑balance protection
