AlpahaBetFx Forex Broker

AlphaBetFX is a forex and CFD broker operated by TRIPLE15 Ltd – a company with a contact address in Bulgaria.

This broker launched their website in June 2017 and they are located at 6th of September Street 1, Office 1 2nd, Ebene 1000 Sofia, Bulgaria. The customer support email is support@alphabetfx.com, and their contact phone number is +44 208 062 0564.

On the course of our review, we found that this broker is unregulated a below are some of the reasons:

– The trust score of Alphabetfx is exceptionally low.

– The technological speed execution of the website is below standard.

– No reviews have been found on WOT (WebOfTrust).

– The SSL certificate was not recognized.

– It has been 136 days since the website was set-up.

– The website was registered less than 6 months ago.

– The website is technically financed in massive risk countries.

– An incredible risk country has been identified with this website.
– The broker lacks regulation.

So, If you are about to create an account with the broker, be sure to read this review first.

 

AlphaBetFx Forex Broker Trading platform

This forex binary broker says it offers its clients the MetaTrader4 trading platform which they’ve made accessible on desktop along with the web-based and mobile versions.
Considering the orders execution model, Alphabet broker is a b-book broker (market maker).

Leverage on all Forex pairs is as high as 200:1, and the spreads on EURUSD is 3 pips.

Trading on leverage is extremely risky, and amateur traders need to ensure that they completely understand the risks linked with using margin.

 

What AlphaBetFX Forex Broker Says it Offers

AlphaBetfx offers 4 different account types available beginning at a minimum deposit of $250.

It also claims to offers all major and minor forex pairs, trading of currencies, market indices, ETF, stocks, shares, and commodities like Oil and Gold.

 

AlphaBetFX Forex Broker Account Types

This broker claims it offers 3 account types although there are not enough details revealed about these account types:

  • The Basic account
  • The Silver account
  • The VIP account

And it maintains that it offers these 4 account types on the MetaTrader4 platform.

 

AlphaBetFX Forex Broker Deposit and Withdrawal Methods

Amongst all the information and features of a legit broker that this broker does not disclose are the bonus and the payment and withdrawal methods.

 

Is AlphaBetFX Forex Broker Licensed?

AlphabetFx is not a regulated broker.

It is not authorized by any respectable financial authorities that they are answerable to.

 

Conclusion

AlphaBetFX is an unregulated broker and that has caused it to have low credibility.

This is not the kind of broker professional traders will feel secure trading with because they involve implicit risks.

We do not recommend this broker to our readers.

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