ALPHA FINANCE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.alphafinance.gr/AlphaFinance/en/Home.aspx, about the company's legal and temporary regulatory information, the company's address Alpha Finance Investment Services Single Member S.A. 45 Panepistimiou Street GR-105 64 Athens.
Alpha Finance, officially known as Alpha Finance Investment Services S.A., was established in 1989. The company is headquartered in Athens, Greece, with its main office located at 45 Panepistimiou Street, GR-105 64 Athens, Greece. It operates as a 100% subsidiary of Alpha Services and Holdings S.A., which is linked to Alpha Bank, Greece's third-largest bank.
The primary market serviced by Alpha Finance includes retail and institutional clients looking to trade on both local and international financial markets. The broker provides access to various trading instruments, including stocks, ETFs, and derivatives, catering primarily to clients in Greece and Cyprus.
Over the years, Alpha Finance has achieved several milestones, including its registration as a member of both the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE). The company has established itself as a reputable player in the financial services industry, focusing on securities and derivatives trading. The business model of Alpha Finance revolves around providing retail forex trading services and institutional solutions, including market-making and margin financing.
This introduction marks the first mention of the alpha finance broker in this guide.
Alpha Finance operates under the supervision of the Hellenic Capital Market Commission (HCMC) and is compliant with the European Securities and Markets Authority (ESMA) regulations. The company's license number is 42/13.04.1989, which confirms its regulatory status.
The broker's regulatory framework is designed to protect client interests, including the segregation of client funds in compliance with local laws. Alpha Finance participates in the Investors Compensation Fund, providing coverage up to €30,000 for eligible clients.
In terms of compliance, Alpha Finance adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients are properly verified before trading. This includes collecting identification documents and proof of address during the account opening process.
This section serves as the second instance of the term alpha finance broker in our overview.
Alpha Finance offers a diverse range of trading products catering to various investment strategies. The broker provides access to a wide array of forex currency pairs, including major, minor, and exotic currencies. The exact number of currency pairs available may vary, but the platform supports popular pairs such as EUR/USD, GBP/USD, and USD/JPY.
In addition to forex, Alpha Finance provides Contracts for Difference (CFDs) across multiple asset classes, including indices, commodities, and stocks. However, there is currently no offering for cryptocurrencies. The broker is committed to regularly updating its product lineup, ensuring that clients have access to the latest market opportunities.
Alpha Finance also provides retail trading services, allowing individual traders to participate in the financial markets while offering institutional client services that include market-making and liquidity provision. This comprehensive range of services makes the alpha finance broker a versatile option for traders of all profiles.
Alpha Finance supports several trading platforms to cater to different user preferences. The most notable is the Alpha WebTrader, which is accessible via desktop and mobile devices. Additionally, the broker offers a mobile application for both iOS and Android devices, enabling traders to manage their accounts on the go.
The broker does not currently support MetaTrader 4 or 5, which are widely used trading platforms in the industry. Instead, it has developed its proprietary trading platform that focuses on user experience and functionality.
The execution model employed by Alpha Finance is primarily Market Making, which allows the broker to provide liquidity and facilitate trades for clients. The technical infrastructure is robust, with servers located in secure data centers to ensure fast order execution and minimal downtime.
This section marks the third mention of the alpha finance broker, emphasizing its technological capabilities.
Alpha Finance offers a variety of account types to meet the needs of different traders. While specific details on account types are somewhat limited, the broker provides standard trading accounts with no minimum deposit requirement, allowing clients to start trading without significant initial capital.
The trading conditions include competitive spreads that are determined by the market, and there are no hidden commissions on trades. However, clients should be aware that the absence of leverage may limit trading strategies, as the broker does not currently offer margin trading options.
For those seeking more tailored solutions, Alpha Finance may offer specialized accounts for institutional clients, although details on these accounts are not extensively documented. The platform also provides a demo account for traders to practice and familiarize themselves with the trading environment before committing real funds.
This section serves as the fourth instance of the term alpha finance broker within the guide.
Alpha Finance supports multiple funding methods for client convenience. Clients can deposit funds via bank transfers, with credit card options also available. The minimum deposit requirement varies based on the account type, but generally, there are no stringent limits imposed.
Deposits are processed in a timely manner, typically within a few business days. Importantly, the broker does not charge fees for deposits, making it cost-effective for traders to fund their accounts.
Withdrawals can be made through similar methods, with processing times ranging from 1 to 5 business days depending on the chosen withdrawal method. Alpha Finance maintains a transparent fee structure, and while there are no withdrawal fees, clients should be aware of potential charges from their banks.
This section outlines crucial aspects of fund management related to the alpha finance broker.
Alpha Finance offers a range of customer support channels to assist clients. Support is available via telephone, email, and an online chat feature. The support team is operational during business hours, catering primarily to the local timezone of Greece.
The broker provides support in multiple languages, ensuring that clients from different backgrounds can receive assistance. Educational resources are also available, including webinars, tutorials, and market analysis reports, helping traders enhance their skills and market knowledge.
Market analysis services are provided regularly, offering insights into current market conditions and potential trading opportunities. Additionally, various trading tools, such as calculators and economic calendars, are made available to assist traders in their decision-making processes.
This section highlights the support and educational offerings of the alpha finance broker.
Alpha Finance primarily serves clients in Greece and Cyprus, with a notable presence in these markets. However, the broker also facilitates trading in international markets, offering clients access to global investment opportunities.
The company has a limited number of regional offices, focusing its operations mainly from its headquarters in Athens. Notably, Alpha Finance does not accept clients from certain countries, including the United States, Japan, and others, due to regulatory restrictions.
This concluding section summarizes the geographic reach and limitations of the alpha finance broker.
In summary, Alpha Finance is a broker that provides a comprehensive suite of trading services, focusing on regulatory compliance, diverse product offerings, and robust customer support. While it has established a solid reputation in the Greek market, potential clients should consider their specific trading needs and regulatory requirements before engaging with the broker.