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Alpha Trading Hub Forex Broker provides real users with * positive reviews, * neutral reviews and 2 exposure review!

Alpha Trading Hub Broker Review

1.28

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Alpha Trading Hub Review 2

Latest All(2) Exposure(2)
Exposure
Alpha Trading Hub Exchange scams, misappropriates assets

Regarding account with ID 894372, my account holder Nguyen Thanh Tuan on April 22, 2024, the Alphatradinghub exchange locked the account and cannot log in to the MT5 application. The entire amount in my account (including the original amount I deposited into the account and my profits from the market) was deducted from 175,186.82 USD to only 182.82 USD with the reason given by Alpha Exchange as "We found out an abuse in the fail prices to earn profit." I have contacted the hotline number 19002210 many times to request clarification from Alpha Exchange, but every time I contact them, the hotline support staff give vague answers and say they will only accept information and transfer it to their support department, telling me to wait for a response from the exchange. Until now, my trading account has been locked by the exchange and the entire amount in the account is being seized by the exchange.

Tuân Nguyễn (StonesVN)
2024-10-16
Exposure
Cannot withdraw money from this exchange

I deposited $500 into the exchange after nearly 1 month. I earned $970. I want to withdraw money, but I can't log in. I think I didn't log in wrong because I wrote the code, so I think it's not wrong. But for some reason, I didn't log in. I could import it. I asked the consultant but they didn't support him. He forced me to buy a cottoni that I didn't understand. I bought 10 shares and my account was burned. Because this technical support staff told me to buy a new one to help me withdraw money, I ended up losing all my money. When they pay, they manipulate and ignore it. Like that

phongMinh
2024-02-28

  

Alpha Trading Hub 2025 Review: Everything You Need to Know

  Summary: The Alpha Trading Hub has garnered significant scrutiny due to its unregulated status and numerous negative user experiences. While it offers a variety of trading instruments and the popular MT5 platform, concerns about withdrawal difficulties and lack of regulatory oversight overshadow its offerings.

  Note: Its important to note that Alpha Trading Hub operates across different regions, which may influence its regulatory status and user experiences. The analysis presented here aims for fairness and accuracy based on available information.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 3
Regulatory Compliance 1

  We rate brokers based on a combination of user feedback, expert opinions, and factual data.

  

Broker Overview

  Founded in 2015, Alpha Trading Hub claims to be a global online trading provider, offering services in forex, CFDs, indices, precious metals, energies, and cryptocurrencies. The broker operates primarily on the MT5 platform, which is favored by many traders for its advanced features. However, Alpha Trading Hub is registered in Saint Vincent and the Grenadines and is not regulated by any major financial authority, which raises significant concerns regarding its legitimacy.

  

Detailed Analysis

  Regulated Geographical Areas: Alpha Trading Hub does not hold a license from any well-known regulatory body such as the FCA or ASIC, which is a major red flag for potential investors. Instead, it claims to be regulated by the Mwali International Services Authority, a lesser-known entity that lacks the credibility of more established regulators.

  Deposit/Withdrawal Currencies/Cryptocurrencies: The broker accepts deposits in several currencies, including USD, EUR, GBP, and THB. However, users have reported issues with withdrawals, with many claiming that their requests were either denied or delayed significantly.

  Minimum Deposit: The minimum deposit required to open an account with Alpha Trading Hub is $500, which is relatively standard compared to other brokers. However, the high initial investment combined with the lack of regulation poses a risk to potential investors.

  Bonuses/Promotions: Alpha Trading Hub has been known to offer promotional bonuses, but there are concerns that these promotions come with strings attached, making it difficult for traders to withdraw their profits without meeting specific conditions.

  Tradeable Asset Classes: The platform provides access to a broad range of assets, including over 40 forex pairs, commodities, indices, and cryptocurrencies. However, the quality of execution and the reliability of these instruments are questionable given the broker's unregulated status.

  Costs (Spreads, Fees, Commissions): The spreads offered by Alpha Trading Hub vary by account type, with the standard account starting at around 1.4 pips. Higher-tier accounts (VIP 1 and VIP 2) offer lower spreads starting from 0.1 pips, but the commissions on CFDs can add up, leading to higher overall trading costs.

  Leverage: Alpha Trading Hub offers a maximum leverage of up to 1:500, which can amplify both potential gains and losses. While high leverage can be attractive to experienced traders, it also significantly increases the risk of losing capital.

  Allowed Trading Platforms: The broker primarily utilizes the MT5 platform, which is well-regarded for its advanced trading features. It also offers a web-based trading platform for users who prefer not to download software.

  Restricted Regions: Alpha Trading Hub does not accept clients from several countries, including the USA, Canada, Japan, and Australia. This limitation is often indicative of a broker's regulatory challenges.

  Available Customer Service Languages: Customer support is available in multiple languages, but users have reported poor experiences with response times and the effectiveness of the support provided.

  

Reiterated Rating Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 3
Regulatory Compliance 1

  

Detailed Breakdown

  • Account Conditions: The minimum deposit of $500 is standard, but the lack of regulation makes it risky.
  • Tools and Resources: The MT5 platform is robust, but the broker's unregulated status raises concerns about reliability.
  • Customer Service and Support: Reports indicate that users often face difficulties in reaching customer support, which can be frustrating during critical trading moments.
  • Trading Setup (Experience): While the trading experience on the MT5 platform is generally positive, the withdrawal issues overshadow this aspect.
  • Trustworthiness: With no valid regulatory oversight, the trustworthiness of Alpha Trading Hub is severely compromised.
  • User Experience: Many user reviews highlight negative experiences, particularly concerning the withdrawal process and customer support responsiveness.
  •   In conclusion, the Alpha Trading Hub review indicates significant risks associated with trading through this broker. The lack of regulation, combined with numerous user complaints, suggests that potential investors should exercise extreme caution and consider more reputable alternatives in the forex market.

Alpha Trading Hub review