Alfa-Forex Review

Spreads in Alfa-Forex are good, for the euro-dollar: 0.7-1 points on average. It is possible to trade both medium-term on daily charts and short-term on fifteen-minute charts. I'm not going to leave Alfa-Forex, the broker suits me.

I have been working with Alfa-Forex for 15 months, of which 12 with a real account. I chose this particular broker because it is affiliated with Alfa-Bank, which speaks of its reliability. The main currency pair I trade is XAU / USD. For fifteen months of work, I have not had any serious complaints about the work of a broker, but I have a few minor comments. One of the drawbacks I encountered was that when activated, my "buy stop" orders were opened at a price much higher than the price I indicated in the order (the slippage was about 120 pips). This reduced my profits, but during the entire period of work it happened to me only three or four times and in general did not spoil my relationship with the broker. Another disadvantage that I encountered when working with Alfa-Forex is the very frequent technical work on the site, when it is impossible to enter your personal account or trading platform. This creates inconvenience and increases the risks for my open positions. Another small negative happened when opening a real account - activation lasted almost 2 weeks, during which I could not trade. All this time, almost every day, I called the customer department and received an answer that the account would be activated today.