ALB.com Review – What to expect from the broker

ALB.com is a Forex and CFD broker that features on its trading platform currency pairs as well as CFDs on shares, commodities, indices, cryptocurrencies. ALB Limited is authorised and regulated by the Malta Financial Services Authority. The target spread charged by the broker is for EUR/USD 1.5 pips*, real trading is possible with a minimum deposit of $200. The ALB.com website is available in English, Italian, Spanish, German, Czech, French, Swedish, Russian, Finnish, Thai, Arabic, Vietnamese, Indonesian, Chinese.

What do we cover in our ALB.com Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.ALB.com.com
  • Leverage: up to 1:30
  • Instruments: Forex, CFDs- shares, commodities, indices, cryptocurrencies
  • Minimum deposit: $200
  • Demo account: Yes, free of charge
  • Methods of deposit and withdrawal: Wire Transfer, Credit and debit cards (Visa/MasterCard)

ALB.com Trading Platform

For FX and CFD trading, ALB.com offers 3 trading platforms: MT4, MT5 and cTrader. Each platform can be accessed via a web browser or a mobile trading app. MT4, as well as MT5, also support automatic trading (EAs).

ALB.com fees (Spreads)

As any other CFD broker, ALB.com charges a spread fee. For the most current spread charges, please visit the ALB.com.com website. Here is a spread comparison table that contrasts ALB.com spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
ALB.com* 1.5 2.7 2.8 3.1
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Target spreads recorded on 30.05.2019 at 20:10 GMT for the basic account. Spread data were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

Advantages and disadvantages

Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce ALB.com.

ALB.com Pros
  • 3 trading platforms
  • International support
ALB.com Cons
  • High fees

To sum up the ALB.com Review

ALB.com is in Europe, namely in Malta, regulated and authorised by the MSFA (Malta Financial Services Authority). That means, the company can offer cross border services to traders from other European countries as well. The broker features 3 trading platforms and a decent number of tradable assets. The broker charges a bit worse than average spreads, but on the other hand, it offers support in more than 10 languages.

Your review can make a difference to other traders, please leave a comment if you have any personal experience with ALB.com.



Michael

Leave a Reply