In this AlphaTradeX Review, we are going to take a look at the offer that this broker prepared for its traders. AlphaTradeX operates on the financial market since 2019. When it comes to trading platforms, the broker features MetaTrader 4. The AlphaTradeX minimum deposit is 50 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this AlphaTradeX Review
| Website address: | alphatradex.com |
| Operated by: | Alpha Tradex (Aust.) Pty. Ltd., |
| Licensed and authorised by regulatory bodies: | |
| Supported languages: | English, German and Spanish |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +41 315 281 429 |
| Available deposit methods: | Debit and credit cards, bank wire, Skrill, Neteller, FASAPAY, UPayCard, PayTrust, Bitcoin, BitcoinCash, Ethereum, Dash, Ripple, Litecoin |
| Available withdrawal methods: | Debit and credit cards, bank wire, Skrill, Neteller, FASAPAY, UPayCard, PayTrust, Bitcoin, BitcoinCash, Ethereum, Dash, Ripple, Litecoin |
| Minimum deposit: | 50 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 1,5 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex (50) |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | |
| Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:500 |
| Social trading: |  |
AlphaTradeX Fees (typical spreads)
We have scanned fees (typical spreads) that AlphaTradeX charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 1,5* | * | * | * | * |
*Typical spreads were recorded on 17.09.2020 at 10:09 for the standard account. AlphaTradeX spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Frequently Asked Questions
🧐 Is AlphaTradeX a Scam?
In accordance with our research, AlphaTradeX is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that AlphaTradeX is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the AlphaTradeX minimum deposit?
In order to start trading with AlphaTradeX, you have to deposit at least 50 USD (Trading accounts can also be held in USD, EUR).
📵 What deposit and withdrawal methods AlphaTradeX supports?
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 08.09.2024 at 11:42 GMT.
I deposited my life time savings with Alphatradex and after withdrawing my funds I never received my money. What should I do ?