Alvar Financial Services Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-30 15:53

Abstract：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.

Alvar Financial Services Limited Review Summary
Founded	2022
Registered Country/Region	Gibraltar
Regulation	Unregulated
Market Instruments	CFDs on Shares, Indices, Forex, Commodities
Demo Account	❌
Leverage	/
EUR/USD Spread	/
Trading Platform	MT4, MT5, Proprietary platform
Min Deposit	/
Customer Support	Email: info@alvarfinancial.com
Customer Support	Physical address: 851 Europort, Gibraltar GX11 1AA10 Lower Thames Street London EC3R 6EN
Regional Restriction	European Union

　　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.

Alvar Financial Services Limited's homepage

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.