ALB Forex Broker

Registered Country/Region Malta Regulation FCA/MFSA Minimum Deposit N/A Maximum Leverage 1:30 (Retail), 1:100 (Professional) Minimum Spreads 0.7 pips on EUR/USD Trading Platform MT4 trading platform Demo Account Available Trading Assets Forex, Commodities, Energies, Indices, Equities, as well as Cryotocurrencies Payment Methods Bank Transfer, Credit Cards Customer Support Online chat, Phone, Email Support General Information & Regulation ALB is an online trader of Forex and CFDs, providing financial services to retail investors and professional traders (including collective investment plans). The company entity was registered in Malta in 2017 and has a full license from the Malta Financial Services Authority (MFSA) withregulatory license number 79767 and an EU authorized representative license from the UK Financial Conduct Authority, license number 786939. ALB Markets Instruments ALB trading products include forex (more than 100 currency pairs ), commodities (including soft commodities such as soybeans, corn, and wheat), indices (North American, European, and Asian stock indices), stocks, and energy (West Texas Intermediate Crude Oil, Brent crude oil, and natural gas CFDs), precious metals CFDs, etc. Minimum Deposit ALB has set up Basic accounts, Silver accounts, Gold accounts, and VIP accounts. Minimum deposit of each account is not fully disclosed, and for this part, traders can contact with this broker's customer support staff. Leverage Trading leverage varies depending on what types of traders you are: retail or professional. The maximum trading leverage is up to 1:30 for forex trading for retail clients, while for professional traders, they can use the maximum trading leverage up to 1:100. T ALB Spreads & Commissions Spreads and commissions vary depending on account types. The spreads on EURUSD are 1.5 for the Basic account, 1.1 for the Silver account, 0.9 for the Gold account, and 0.7 for the VIP account. The spread of GBPUSD is 1.8 for the Basic account, 1.4 for the Silver account, 1.2 for the Gold account, and 1 for the VIP account. USD/JPY spreads are 1.6 for basic accounts, 1.2 for silver accounts, 1 for gold accounts, and 0.8 for VIP accounts. Commodities, energy, stock index CFDs, and cryptocurrency trading commissions are 10 euros per lot. Trading Platform ALB provides traders with a robust trading platform supported by MetaQuote technology: MetaTrader 4. MT4 is one of the world's most popular trading platform and has the largest group of traders. Traders can simultaneously conduct transactions, analyze and manage risks. MT5 is the most advanced multi-asset trading platform, suitable for traders with large trading volumes, technical and fundamentals. WebTrader allows traders to trade using any web browser (Windows, Mac, Linux) with the same functions as the desktop version. Deposit & Withdrawal ALB allows its clients to make a deposit and withdrawal through bank transfer and credit card. The accepted currencies for bank transfers are EURO, USD, BGP, and CHF, with no handling fees charged. The accepted currencies for credit cards are EURO and USD, no fees charged during withdrawal, and fast execution. Customer Support ALB relies on its FAQ section and live chat to provide customer support for its clients, and clients can also equally get in touch with this broker through email and telephone. Here are some contact details： Telephone MT: +356 2371 6000 UK: +44 20 3053 3796 DE: +49 152 2777 3905 ES: +34 91 003 6814 IT: +39 05 1018 1495 Registered Company Address: 48, SIR AUGUSTUS BARTOLO STREET CASA ROMA, TA XBIEX XBX 1099, MALTA. Or you can also follow this broker on some social media platforms, such as Facebook, Twitter, Linkedin, Instagram, and Youtube. Pros & Cons Pros Cons FCA-regulated No clear minimum deposit information Wide range of financial instruments Leverage capped at 1:30 for retail traders Three types of trading accounts to choose from Limited payment methods MT4 trading platform supported Lacking eductional resources Narrow spreads on the VIP account High spreads on the basic account Great analysis tools Free deposit & withdrawal Online support available Frequently Asked Questions What is the minimum deposit amount I need to deposit with ALB？ The minimum deposit amount required to register an ALB live tarding account is not specified. What trading instruments available on the ALB platform？ ALB provides its clients access to Forex, Commodities, Energies, Indices, Equities, as well as Cryotocurrencies. What is the maximum trading leverage offered by ALB？ The maximum trading leverage that can be used for retail clients is up to 1:30, and professional traders can use the maximum trading leverage up to 1:100. What trading platform does ALB provide？ ALB provides traders with a robust trading platform supported by MetaQuote technology: MetaTrader 4.