Alpho Review 2021
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| Trade forex and CFDs with rich trading tools and real-time market data. | ||
Alpho is broker that gives traders access to Forex, CFDs, indices, shares, commodities. Interestingly, Alpho supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.
In terms of features offered to traders, Alpho has Demo Accounts, Islamic Accounts and Auto Trading but is missing Social Trading and Signals.
Alpho is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
Alpho Summary
Trade forex and CFDs with rich trading tools and real-time market data.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities |
| Demo Account | ✓ |
| Min. Deposit | $100 |
| Min. Trade | 0.01 lots |
| Regulated By | FSA Seychelles |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Access a range of markets with online CFDs.
| Leverage | 1:500 |
|---|---|
| FTSE Spread | 5 |
| GBPUSD Spread | 3 |
| Oil Spread | 0.09 |
| Stocks Spread | Variable |
Forex Trading
Trade the most liquid & volatile forex pairs.
| GBPUSD Spread | 3 |
|---|---|
| EURUSD Spread | 3 |
| EURGBP Spread | 4 |
| Assets | 60+ |
Payment Methods
Alpho accepts the following payment methods:
- Visa
FAQ
Is Alpho Safe?
In our review we gave Alpho a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Alpho is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does Alpho Accept PayPal?
No, Alpho does not accept PayPal payments.
Is Alpho Halal?
Yes, Alpho does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Alpho support?
Alpho only supports the MetaTrader 5 trading platform at this time.
Is Alpho Regulated?
Yes, Alpho is regulated by FSA Seychelles.
The fact that Alpho is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
Alpho vs Other Brokers
If you want to compare Alpho with other brokers, use the detailed comparisons below.
Alpho vs |
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| Trade forex and CFDs with rich trading tools and real-time market data. | ||