Alvar Financial Services foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.alvarfinancial.com/, about the company's legal and temporary regulatory information, the company's address 851 Europort, Gibraltar GX11 1AA.
Alvar Financial Services Forex Broker
Basic information
Gibraltar
2-5 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskCompany profile
Alvar Financial Services Limited is purportedly a financial company established in 2022 and registered in Gibraltar. Its website is relatively simple and lacks substantial information, but it seems to offer trading options through another website, including CFDs on Shares, Indices, Forex, and Commodities. It is important to note that this broker lacks legal regulation.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | European Union clients are not allowed |
| MT4 and MT5 trading platform | No regulation |
| Popular payment options | Scantly informative website |
| Suspicious trading conditions | |
| Only email support |
Is Alvar Financial Services Limited Legit?
Alvar Financial Services Limitedclaims to be under limited regulation by the Financial Conduct Authority (FCA) of the United Kingdom with a registration number of 597312. However, in reality, there is no relevant information available on the FCA's website, indicating that this regulatory statement is fabricated.
What Can I Trade on Alvar Financial Services Limited?
Alvar Financial Services Limited advertises that it offers three classes of services: High Net Worth, Prime Services, and Online Retail Trading. Our focus is solely on Online Retail Trading.
However, upon clicking the “Online Retail Trading” button, we are redirected to another website called Intertrader. There is no explanation on Alvar Financial Services Limited's website regarding the relationship between the two companies.
Regarding the market instruments offered on Intertrader's website, which mainly include CFDs on Shares, Indices, Forex, and Commodities, we are uncertain whether these products are actually provided by Alvar Financial Services Limited. Therefore, you are advised to remain vigilant.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
The trading platforms available are the world-leading MetaTrader4, MetaTrader5, as well as the Intertrader web platform and Intertrader mobile app. It's worth noting that these platforms are actually provided by Intertrader, not by Alvar Financial Services Limited. The trading status of this company is indeed quite confusing. However, given that it is unregulated, there's no need to waste time trying to figure it all out.
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Web, Mobile | / |
| MT4 | ✔ | Web | Beginners |
| MT5 | ✔ | Web | Experienced traders |
Deposit and Withdrawal
The deposit and withdrawal information is also provided by Intertrader, which supports a variety of payment methods, including VISA, Mastercard, Maestro, Skrill, Neteller, and Pay Retailers.