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Alfa Success Corp Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.ascfm.co..., the company's legitimate regulatory information to enhance the security of the company's address Road Town, Tortola, British Virgin Islands

Alfa Success Corp Forex Broker

Basic Information

Registered Region

The Virgin Islands

Operating Period

Company Name

Alfa Success Corp.

Abbreviation

Alfa Success Corp

Company employee

Customer Service Email Address

support@ascfm.com

Company Website

https://www.ascfm.com/

Company address

Road Town, Tortola, British Virgin Islands

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information Alfa Success Corp Review Summary in 10 Points Founded 2021 Registered Country/Region The Virgin Islands Regulation NFA (unauthorized) Market Instruments Stocks, Currencies, Indices, and Commodities (CFDs) Demo Account N/A Leverage 1:500 EUR/USD Spread 2.9 pips Trading Platforms MT4 Minimum deposit $100 Customer Support email What is Alfa Success Corp？ Alfa Success Corp is an unregulated forex and CFD broker offering stocks, currencies, indices, and commodities through CFDs for both individual and corporate clients through MT4 trading platform. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Alfa Success Corp is unregulated, which may pose risks for traders. Additionally, the unavailable website and reports of unable to withdraw adds to the uncertainty surrounding the broker. On the positive side, Alfa Success Corp offers a variety of market instruments through the MT4 platform, which may be appealing to some traders. Pros Cons • Wide range of trading instruments • Unauthorized NFA license • Demo accounts available • Unavailable website • MT4 supported • Reports of withdrawal issues • Limited account types • Wide spreads • Only email support Alfa Success Corp Alternative Brokers There are many alternative brokers to Alfa Success Corp depending on the specific needs and preferences of the trader. Some popular options include: FOREX TB - with a user-friendly platform and a wide range of trading instruments, FOREX TB is recommended for traders looking for a comprehensive and accessible trading experience. Markets.com - known for its advanced trading tools and educational resources, Markets.com is recommended for traders seeking a robust and educational trading environment. TeleTrade - offering a range of account types and competitive trading conditions, TeleTrade is recommended for traders looking for a reliable broker with diverse trading options. Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs. Is Alfa Success Corp Safe or Scam？ Based on the information provided, Alfa Success Corp is an unregulated broker, with an unauthorized National Futures Association (NFA, License No. 0536886) license and an unavailable website. The lack of regulation, absence of guaranteed funds, and no segregated accounts raise concerns about the safety and legitimacy of the company. It is crucial to exercise caution when dealing with unregulated brokers, as there may be an increased risk of fraudulent activities or unethical practices. Traders are advised to thoroughly research and consider the risks associated with trading on unregulated platforms before making any investment decisions. Market Instruments Alfa Success Corp offers a range of market instruments for traders to engage in trading and investing activities. Traders have the opportunity to trade and invest in various financial instruments, including stocks, currencies, indices, and commodities through Contracts for Difference (CFDs). CFDs allow traders to speculate on the price movements of these underlying assets without actually owning them. This provides flexibility and the potential for profit in different market conditions. However, it is important to note that the lack of regulation raises concerns about the transparency and security of trading these instruments with Alfa Success Corp. Traders should carefully assess the risks associated with trading on an unregulated platform before engaging in any trading activities. Accounts Alfa Success Corp provides traders with the option to open both demo and live trading accounts. The demo account allows traders to practice their trading strategies and familiarize themselves with the platform without risking real money. On the other hand, the live trading account is designed for traders who are ready to trade with real funds. Alfa Success Corp requires a minimum deposit of $100 to open a live account, which makes it relatively accessible for traders with different budget sizes. However, it's important to note that the lack of regulation with Alfa Success Corp raises concerns about the safety of funds and the overall reliability of the broker. Leverage Alfa Success Corp provides a maximum leverage of 1:500. Leverage is a tool that allows traders to amplify their trading positions and potentially increase their profits. With a leverage of 1:500, traders can control a larger position in the market with a smaller amount of capital. While high leverage can be enticing for traders looking to maximize their trading opportunities, it's important to note that it also comes with increased risk. The higher the leverage, the higher the potential for both profits and losses. Traders should exercise caution and use leverage wisely, considering their risk tolerance and trading strategy. It is crucial to fully understand the implications of leverage and manage it effectively to avoid excessive risks in trading. Spreads & Commissions During testing on Alfa Success Corp's demo MetaTrader 4 account, it was observed that the spread for the EUR/USD currency pair averaged around 2.9 pips. This spread is relatively higher compared to the industry average of 1.5 pips for the same currency pair. It's worth noting that the spread is the difference between the buying and selling price of an instrument, and it directly impacts trading costs. However, there is no specific information available regarding commissions charged by Alfa Success Corp. Traders should consider the spread and any potential additional costs when evaluating the overall trading conditions and cost-effectiveness of the broker's offerings. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread (pips) Commissions (per lot) Alfa Success Corp 2.9 Not specified FOREX TB 1.4 No Markets.com 0.6 No TeleTrade 1.5 No Please note that these values are subject to change and may vary depending on market conditions and the specific account type offered by each broker. It's always recommended to refer to the broker's official website or contact their customer support for the most up-to-date and accurate information regarding spreads and commissions. Trading Platforms Alfa Success Corp provides the popular MetaTrader 4 (MT4) trading platform to its clients. MT4 is widely recognized and appreciated by traders for its comprehensive features and user-friendly interface. This platform offers advanced charting capabilities, a wide range of technical analysis tools, customizable indicators, and the ability to automate trading strategies through expert advisors (EAs). Traders can access real-time market quotes, execute trades with speed and precision, and monitor their positions and account activity in real-time. Additionally, MT4 is available for desktop, web, and mobile devices, allowing traders to stay connected and manage their trades from anywhere at any time. Overall, Alfa Success Corp's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below: Broker Trading Platforms Alfa Success Corp MetaTrader 4 (MT4) FOREX TB MetaTrader 4 (MT4), WebTrader Markets.com MetaTrader 4 (MT4), MetaTrader 5 (MT5) TeleTrade MetaTrader 4 (MT4) Deposits & Withdrawals Alfa Success Corp offers limited information regarding its deposit and withdrawal methods. According to available information, the broker supports bank wire transfers and cryptocurrencies as the accepted payment methods. However, specific details about deposit and withdrawal processes, fees, and processing times are not readily available. Traders are advised to contact Alfa Success Corp directly for more detailed information regarding their deposit and withdrawal procedures. It is important for traders to thoroughly review and understand the terms and conditions associated with deposits and withdrawals before engaging in any financial transactions with the broker. Alfa Success Corp minimum deposit vs other brokers Alfa Success Corp Most other Minimum Deposit $100 $100 Customer Service Alfa Success Corp provides customer support exclusively through email: support@ascfm.com communication. Additionally, Alfa Success Corp openly discloses its company address: Road Town, Tortola, British Virgin Islands, which can be beneficial for those seeking to establish direct contact or verify the legitimacy of the broker. Traders should keep in mind that relying solely on email support may result in slower response times compared to brokers offering multiple channels of communication. Pros Cons • Openly revealed company address • Limited customer support channels (only email) • No 24/7 support • No live chat or phone support Note: These pros and cons are subjective and may vary depending on the individual's experience with Alfa Success Corp's customer service. User Exposure on WikiFX On our website, you can see that some reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you. Conclusion In conclusion, Alfa Success Corp is an unregulated broker with limited information available. While the company offers a range of market instruments and leverage options, the lack of regulatory oversight and transparency raises concerns about the safety and reliability of the broker. Reports of difficulties with withdrawals further highlight the potential risks involved. Traders are advised to exercise caution and thoroughly research and consider the risks before engaging with Alfa Success Corp or any unregulated broker. It is recommended to choose regulated and reputable brokers to ensure the security of funds and a reliable trading environment. Frequently Asked Questions (FAQs) Q 1: Is Alfa Success Corp regulated？ A 1: No. Alfa Success Corp National Futures Association (NFA, License No. 0536886) license is unauthorized. Q 2: Does Alfa Success Corp offer the industry leading MT4 & MT5？ A 2: Yes. It supports MT4. Q 3: What is the minimum deposit for Alfa Success Corp？ A 3: The minimum initial deposit to open an account is $100. Q 4: Is Alfa Success Corp a good broker for beginners？ A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high minimum deposit requirement.

Alfa Success Corp broker review

Is Alfa Success Corp safe or scam

Rating Index

How to login to Alfa Success Corp?

Alfa Success Corp Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the intricacies of online trading platforms can be daunting, especially for newcomers. This guide aims to simplify the processes of account registration, account opening, and login for Alfa Succes

Alfa Success Corp Forex Broker - Complete Information Guide

1. Broker Overview

　　Alfa Success Corp is an online trading brokerage that operates primarily in the financial markets, offering services related to forex and CFDs (Contracts for Difference). Established approximately 2 to 5 years ago, the broker is headquartered in Road Town, Tortola, British Virgin Islands. It is a privately held company, specifically registered as an international business corporation (IBC) in the British Virgin Islands, which is known for its lenient regulatory environment.

　　The primary market served by Alfa Success Corp includes retail traders interested in forex, commodities, indices, and cryptocurrencies. The broker aims to cater to both individual and corporate clients, providing access to a diverse range of trading instruments. However, the company has faced scrutiny regarding its legitimacy due to the absence of proper regulatory oversight.

　　Alfa Success Corp has made efforts to position itself as a reputable brokerage, claiming to provide a high-quality trading experience. Despite these claims, the lack of transparency surrounding its operations and regulatory status raises significant concerns. The business model primarily focuses on retail forex trading, allowing clients to engage in various trading activities through the MetaTrader 4 (MT4) platform.

2. Regulation and Compliance Information

　　Alfa Success Corp operates without regulation, which poses substantial risks for traders. The broker does not hold any valid licenses from recognized regulatory bodies. The primary regulatory authority that oversees forex trading in the United States is the National Futures Association (NFA); however, Alfa Success Corp has falsely claimed to possess a license from the NFA, which is not supported by any credible evidence.

　　The absence of regulatory oversight means that there are no guarantees regarding the protection of client funds. Additionally, the lack of a segregated account policy further endangers investors' capital, as there are no safeguards in place to ensure that client funds are kept separate from the broker's operational funds.

　　Alfa Success Corp does not participate in any investor compensation schemes, which means that in the event of insolvency or fraudulent activities, clients have no recourse to recover their funds. The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is also questionable, as there is no available information detailing its adherence to these important practices.

3. Trading Products and Services

　　Alfa Success Corp offers a variety of trading products, primarily focusing on forex and CFDs. The broker provides access to over 10 forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as a selection of minor and exotic pairs.

　　In addition to forex trading, the broker also offers CFDs on various asset classes, including:

Indices: Traders can speculate on major indices such as the S&P 500 and NASDAQ.
Commodities: This includes trading in precious metals like gold and silver, as well as energy products such as oil.
Cryptocurrencies: Traders have the opportunity to engage in trading popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

　　Alfa Success Corp claims to regularly update its product offerings, although specific details regarding the frequency of new product introductions are not provided. The broker primarily focuses on retail trading services, catering to individual clients looking to access global financial markets.

4. Trading Platform and Technology

　　Alfa Success Corp utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and advanced trading capabilities. MT4 supports various trading instruments, including forex, commodities, indices, and cryptocurrencies, providing traders with real-time market data and technical analysis tools.

　　The broker does not offer a proprietary trading platform or a web-based trading solution, limiting its technological offerings to MT4. However, the platform is accessible on mobile devices, supporting both iOS and Android systems, which allows traders to manage their accounts and execute trades on the go.

　　In terms of execution models, Alfa Success Corp appears to operate under a market-making model, which may lead to potential conflicts of interest. The brokers server infrastructure is reportedly located in the United States, although specific details regarding server performance and reliability are not disclosed.

5. Account Types and Trading Conditions

　　Alfa Success Corp offers a standard trading account with a minimum deposit requirement of $100. The trading conditions for this account type include:

Leverage: Up to 1:500, which allows traders to control larger positions with a smaller capital outlay. However, high leverage also increases the risk of significant losses.
Spreads: The broker advertises spreads starting from 2.9 pips, which are considered high compared to industry standards.
Minimum Trade Size: Specific information regarding the minimum trade size is not provided.

　　The broker does not offer specialized account types such as VIP or Islamic accounts, which may limit its appeal to a broader range of traders. Additionally, details regarding demo accounts and their policies are not available.

6. Fund Management

　　Alfa Success Corp provides limited options for fund management, allowing deposits primarily through bank wire transfers and cryptocurrencies. The minimum deposit amount is set at $100, making it relatively accessible for new traders. However, the lack of credit card or e-wallet options may deter some potential clients.

　　The processing time for deposits varies depending on the method used, with bank transfers typically taking longer. The broker does not specify any deposit fees, but traders should be aware of potential charges from their financial institutions.

　　Withdrawals can also be made through bank wire transfers and cryptocurrencies, but specific withdrawal limits and processing times are not disclosed. The absence of chargeback options for cryptocurrency transactions adds an additional layer of risk for clients, as these payments are generally irreversible.

7. Customer Support and Educational Resources

　　Alfa Success Corp offers customer support through various channels, including email at support@ascfm.com. The broker does not provide a dedicated phone number for support, which may limit accessibility for clients seeking immediate assistance. Additionally, there is no information regarding the operational hours of the support team.

　　The broker's website lacks comprehensive educational resources, such as webinars, tutorials, or eBooks, which are often crucial for traders looking to enhance their skills and knowledge. Market analysis services, including daily updates and research reports, are also not mentioned, indicating a potential gap in support for traders.

8. Regional Coverage and Restrictions

　　Alfa Success Corp primarily targets clients from various regions, with a focus on retail traders interested in forex and CFDs. However, the broker does not provide specific information regarding its regional offices or the countries where it operates.

　　Notably, the broker does not accept clients from certain jurisdictions, particularly those with stringent regulatory requirements. This includes countries where forex trading is heavily regulated, which may limit the broker's potential client base.

　　In conclusion, while Alfa Success Corp offers a range of trading products and services, the lack of regulation and transparency raises significant concerns for potential clients. Traders are advised to exercise caution and conduct thorough research before engaging with this broker.

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