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Gripeo > Blog > Red Flags > Alpho Review 2022
Red Flags

Alpho Review 2022

Last updated: September 26, 2023 6:53 am
GripeO - Web Desk
Published: September 26, 2023
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Alpho is an online financial trading platform and multi-asset broker founded in 2016 that offers retail investors Forex trading, CFD trading, equity and index trading, cryptocurrency trading, and commodities trading. Alpho registered trademark of Gulf Brokers Ltd – an FSA-regulated company. Maximum leverage is 1:500, you need a $100 deposit to open a standard account. This broker also offers a demo account to explore the broker’s offerings. Open one single account that provides full access to all 886 instruments available for trading.

Alpho Regulations and Licenses

It is a trademark of Gulf Brokers Ltd, as confirmed on the broker’s website, and Gulf Brokers Ltd is authorized and regulated by the Financial Services Authority of Seychelles (FSA). The Financial Services Authority of Seychelles (FSA) is the regulator for non-bank financial services in Seychelles. You can read all about their rules on their website.

Alpho Products

They offers advanced financial chart comparison tools, a demo account, research-backed analysis of financial markets and investments from top analysts, and offers the following tools:

  • Forex
  • Commodities
  • Indices
  • Stocks

In many other reviews, I have found that Alpho provides clients with the fastest execution of their orders.

Did You Know?

Forex stands for foreign exchange market. It is a global decentralized market that facilitates the trading of currencies. Forex also determines the foreign exchange rates for varying currencies and also alters the buying, selling and exchanging of currencies at current or potential prices.

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Alpho Review 2022 6

Web Alpho

Their website offers standard features. In the top panel, you can choose from:

  • Instruments
  • Trading 
  • Research
  • About
  • Education
  • Contact

The interface is functional and reliable. The design of the site is simple, the colours are muted, all buttons are functional. In Education, you will find many articles that explain how to trade or what the risks are. For example: ” Mobile trading: high profits and high risks”, “Top 10 trading tips for beginners” and so on.

Alpho
Alpho Review 2022 7

On social media, YouTube and websites, every month they share very interesting videos with “Question and answers” and “Stock of the month” content, where you can see the most frequently asked questions and the winner, loser and rising star of the month.

image 7
Alpho Review 2022 8

It has also won many awards such as: best CFDs broker, or best retail forex broker, which from our point of view adds to its credibility.

image 8
Alpho Review 2022 9

Alpho Platform

They provide the MetaTrader 5 platform, which is an updated version of the very popular MetaTrader 4 platform. And as they write about MT5 on their website, “MetaTrader 5 is currently the best platform for accessing exchanges and Forex. It is a great choice for any trader who appreciates a modern and convenient trading platform.” MetaTrader 5 has more timeframes, allows for more pending orders and more technical indicators. You have full access to all your trades via the web. And track – all aspects of the markets from anywhere in the world.

Demo Account

It is possible to open a demo account with Alpho. It’s free, but I couldn’t find any information about when the demo account expires or how much virtual money you have available. After signing up, I received information about the demo account via email. I have a virtual deposit of 100,000 USD to learn how to trade. The demo account is free. I can also have full access to the MetaTrader 5 platform. The broker does not indicate whether the demo account will expire or whether it is available for the exact period.

Social Networks

  • Instagram: https://www.instagram.com/alpho_official/
  • Facebook: https://www.facebook.com/AlphoOfficial
  • LinkedIn: https://www.linkedin.com/company/alpho
  • Twitter: https://twitter.com/AlphoOfficial

Conclusion

Alpho is well experienced in offering Forex trading, CFD trading, stock and index trading, cryptocurrency trading, commodities trading. Alpho is regulated by the Financial Services Authority Seychelles (FSA SC). This means that Alpho falls under the regulation of a jurisdiction that can hold a broker accountable for its misconduct, or at best, play an arbitration role in the event of larger disputes. Their site works great, and their social media is also up-to-date. Spread levels vary significantly between instruments, but that is quite common in this market.

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1 Comment
  • Avatar of Ahmed Ahmed says:
    July 12, 2022 at 5:37 pm

    Good and easy setup. I hope they improve their website in the coming weeks… Thats all.

    Reply

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