Info

Name AL Trade
Website alforex.com
Established 2003
Platform None
Country United Kingdom
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AL Trade Review

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AL Trade Review

AL Trade is ranked #252 of 316 Forex Brokers.
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Info

Name AL Trade
Website alforex.com
Established 2003
Regulation None
Country United Kingdom

Advantages

Disadvantages

AL Trade offers its clients 24-hour access to the Foreign Exchange market commonly called Forex. AL Trade seeks to provide high-quality Forex trading services to all of its customers whether they are organizations or individuals. The company remains acutely aware of the vast size and scope of Forex, the world’s largest financial market.
The company was established in 2003. As part of its continuing efforts to meet client requirements, the company added a variety of new services for trading in Gold (Spot) and Silver (Spot), as well as on CFD for DAX futures in 2007.
Traders access the market using AL Trade’s MetaTrader 4 real-time trading system. This system is described as a new generation trading platform. It features an advanced technical analysis system and a Trade Terminal operating in real-time mode.
AL Trade's services include low spreads, mobile trading, and other trade advantages. One needs to click the “Advantages” link on AL Trade’s main web page to determine what those advantages are in detail.
In brief, AL Trade’s services offer the following advantages: the ability to work with different financial instruments in a single account, the ability to trade in different currencies, hedging (which allows for the market moving in two different directions and reduces risk), a guarantee that customers will not suffer losses in excess to the amounts available in their accounts as well as an assurance that the information regarding AL Trade's customers is maintained in strictest confidence in a tax-free jurisdiction.
Those advantages do serve to address common concerns of people that trade in the Forex market. Somewhat new and different is the ability of traders to use their web-enabled mobile devices, including phones and personal digital assistant to trade. A little further explanation and assurances regarding that option might be in order.
A free demo account is offered for fledgling traders. This is always a good thing for those wishing to gauge how risky Forex trading may be or how it works in detail.

Review info :
Broker reviewed : AL Trade Rating : 5 out of 10
Reviewed By : Review Date :
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