Alpforex Account Types

Alpforex offers three main types of trading accounts to cater to different trading needs and experiences:

• Standard Account
• Minimum Deposit: $10
• Maximum Leverage: 1:1,000
• Spreads: Variable, starting from 1.0 pips
• Commission: None
• Suitable For: New traders who are just starting out.
• ECN Account
• Minimum Deposit: $10
• Maximum Leverage: 1:500
• Spreads: Raw spreads starting from 0.0 pips
• Commission: $10 per lot
• Suitable For: Experienced traders seeking tight spreads and direct market access.
• Cent Account
• Minimum Deposit: $10
• Maximum Leverage: 1:1,000
• Spreads: Variable, starting from 1.0 pips
• Commission: None
• Suitable For: Traders who prefer to trade with smaller amounts of money.

Alpforex Broker Account Opening Process

To open an account with Alpforex, follow these steps:

• Visit the Alpforex Website
• Go to the official Alpforex website at https://alpforex.com.
• Click on "Open Account"
• Locate the “Open Account” button in the top right corner of the website.
• Fill Out the Account Application Form
• Provide basic information such as your full name, email address, phone number, and country of residence.
• Choose Your Account Type
• Select from the available account types: Standard, ECN, or Cent, based on your trading needs.
• Verify Your Identity
• Upload a copy of your government-issued ID and proof of address to complete the verification process.
• Deposit Funds into Your Account
• Use various methods for funding your account, including bank transfers, e-wallets, and credit/debit cards.
• Download the Trading Platform
• Download the MetaTrader 4 platform, which is used for trading with Alpforex.
• Start Trading
• Once your account is funded and the platform is downloaded, you can begin trading forex, CFDs on indices, commodities, and metals.