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Pros

Access to multiple trading platforms, including mobile and web options, catering to different trading preferences.
Offers trading on the Athens Stock Exchange, providing unique opportunities for exposure to Greek securities.
Participation in the Investors Compensation Fund, offering coverage up to €30,000 for added security.

Cons

Low overall trust score of 2.98 out of 10, indicating concerns about reliability and client satisfaction.
High fees and lack of leverage may deter cost-sensitive traders or those seeking margin trading flexibility.
Limited margin funding options, restricted primarily to stocks on the Athens Exchange, which may not appeal to all traders.

ALPHA FINANCE broker Accounts

Alpha Finance Account Type

Alpha Finance offers a variety of account types designed to cater to different trading needs and preferences. The account types available include:

  • Classic Account
    • Minimum Deposit: €5
    • Spread: From 1 pip
    • Commissions: 0
    • Platform: Alpha WebTrader, Alpha Mobile App, Z Trade Plus, Trader Workstation (TWS), Handy Trader
    • Leverage: 1:500
    • Bonus: 0%
    • Alpha 100 Account
      • Minimum Deposit: €5
      • Spread: From 1 pip
      • Commissions: 0
      • Platform: Alpha WebTrader, Alpha Mobile App, Z Trade Plus, Trader Workstation (TWS), Handy Trader
      • Leverage: 1:500
      • Bonus: 100%
      • Alpha Micro Account
        • Minimum Deposit: €5
        • Spread: From 1 pip
        • Commissions: 0
        • Platform: Alpha WebTrader, Alpha Mobile App, Z Trade Plus, Trader Workstation (TWS), Handy Trader
        • Leverage: 1:500
        • Bonus: 0%
        • Raw Spread Account
          • Minimum Deposit: €5
          • Spread: From 0 pip
          • Commissions: $10 per standard lot
          • Platform: Alpha WebTrader, Alpha Mobile App, Z Trade Plus, Trader Workstation (TWS), Handy Trader
          • Leverage: 1:500
          • Bonus: 0%

          Alpha Finance Broker Account Opening Process

          To open an account with Alpha Finance, follow these steps:

          • Visit an Alpha Bank Branch:
            • You can sign all the contracts and legal documents required to open an investor account.
            • Complete Required Forms:
              • If you already have an investor and securities account on the Dematerialized Securities System (DSS), use them while filling in the usage authorization form.
              • If you do not have an investor account on DSS, you will need to complete the application for the creation of an investor account and securities usage authorization.
              • Gain Access to Alpha Trade:
                • Upon opening a customer code at Alpha Finance, you will be able to execute stock market transactions via Alpha Trade.
                • Requirements:
                  • A deposit account issued by Alpha Bank is required, regardless of the account balance.
                  • Active account at Alpha Banks e-banking services is necessary.

                  For more information, you can visit their official site: Alpha Finance

ALPHA FINANCE accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
ALPHA FINANCE Account