Rating Index

Pros

Wide range of financial instruments available for trading, including forex, commodities, and cryptocurrencies.

Regulated by the Malta Financial Services Authority, ensuring a level of security and trust for traders.

Offers access to popular trading platforms like MetaTrader 4 and MetaTrader 5, providing advanced trading tools and features.

Cons

High minimum deposit requirement of $200 may be a barrier for beginner traders.

Limited educational resources, with no trading courses or video guides available.

Variable spreads may be higher compared to some competitors, affecting overall trading costs.

ALB broker Accounts

ALB Limited Account Type

ALB Limited offers several account types to cater to different trading needs and preferences. The main account types available are:

Mini Account:

Minimum Deposit: $500
Spread: 1.6 pips for major pairs like EUR/USD
Leverage: Up to 1:100
Target Audience: Beginner traders looking for a lower risk profile.

Gold Account:

Minimum Deposit: $5,000
Spread: 1.3 pips
Leverage: Up to 1:100
Target Audience: Traders with a moderate risk profile.

VIP Account:

Minimum Deposit: $10,000
Spread: 1.0 pip for major pairs like EUR/USD
Leverage: Up to 1:100
Target Audience: Experienced traders willing to invest significantly for tighter spreads.

Each account type provides access to the MetaTrader 5 trading platform, which is known for its advanced features and functionalities.

ALB Limited Broker Account Opening Process

Opening an account with ALB Limited involves a straightforward process:

Visit the Website: Access the official ALB Limited website.
Registration Form: Fill out the registration form with personal details, including name, address, email, and phone number.
Identity Verification: Upload documents for identity verification, such as a photo ID and proof of address.
Account Setup: Configure your account settings, including currency type and leverage.
Initial Deposit: Make an initial deposit using one of the accepted payment methods.
Access Trading Platform: Download and install the MetaTrader 5 platform to start trading.
Demo Account: Optionally, practice trading with a demo account before trading with real money.

This process ensures that both your trading needs and the broker's regulatory requirements are met, allowing you to start your trading journey efficiently.