AlfaTrade Account Type

AlfaTrade offers three different types of trading accounts designed to cater to various levels of investors. The account types include:

• Standard Account
• Minimum Deposit: $500
• Leverage: Up to 1:200
• Minimum Spread: 3 pips
• Access: Forex, CFDs in indices and metals.
• Premium Account
• Minimum Deposit: $5,000
• Leverage: Up to 1:200
• Minimum Spread: 2.3 pips
• Access: Includes micro lots and all trading instruments available in the standard account.
• VIP Account
• Minimum Deposit: $50,000
• Leverage: Up to 1:200
• Minimum Spread: 1.7 pips
• Access: Provides all benefits of the premium account with enhanced trading conditions.

All accounts can be utilized with the MetaTrader 4 (MT4) platform, MT4 mobile, and Mirror Trader platforms. Additionally, a demo account is available for practice without risking real money.

AlfaTrade Broker Account Opening Process

Opening an account with AlfaTrade involves a straightforward process:

• Complete the Application Form: Fill out the online application form available on the AlfaTrade website.
• Provide Due Diligence Documents: Submit necessary documents for compliance purposes, including proof of identity and address.
• Receive Account Credentials: After verification, you will receive a username and password to access your trading account.
• Download Trading Platform: Download and install the trading platform of your choice, such as MT4.
• Deposit Funds: Fund your account to start trading.

This process ensures that traders can quickly set up their accounts and begin their trading journey efficiently.