Note: Alpha Trading Hub's official website: https://alphatradinghub.net/ is currently inaccessible normal.
Alpha Trading Hub is a forex and CFDs broker that was established in 2022 in the United Kingdom. It claims to be regulated by the MWALI International Services Authority with a regulatory license number T2023165. However, the credibility of this regulatory body is questionable.
Despite this, the company provides a inclusive range of market instruments, including forex, commodities, and indices, all accessible through CFDs. The MT5 platform ensures efficient trading experiences, offering access to a wide array of trading instruments with tight spreads and competitive pricing.
The broker offers three types of live trading accounts: Standard Account, VIP1 Account, and VIP2 Account. Additionally, the broker provides a free and 30-day lifespan demo account, allowing traders to practice with virtual funds before engaging in live trading.
Pros and Cons
Is Alpha Trading Hub Legit?
ALPHA TRADING HUB has no valid regulatory certificates.
Although it claims to be regulated by the MWALI International Services Authority, holding regulatory license number T2023165, the effectiveness of regulatory agencies in the Comoros Islands in overseeing the forex market is questionable.
What Can I Trade on Alpha Trading Hub?
Account Type
Alpha Trading Hub offers three types of live trading accounts: Standard Account, VIP1 Account and VIP2 Account. Additionally, ALPHA TRADING HUB also provides a free and 30-days life span demo account.
Leverage
Alpha Trading Hub offers leverage up to 1:500, which means that while it can lead to high returns, it also comes with high risks.
Alpha Trading Hub Fees
Spread: The spread for the Standard account starts from 1.4 pips, while for the VIP 1 and VIP 2 accounts, it starts from 0.1 pips.
Commission: The Standard account does not charge commission for CFDs, while the VIP 1 account charges a commission of $10 per lot, and the VIP 2 account charges a commission of $6 per lot. For stock trading, no commission is charged for all account types.
Trading Platform
ALPHA TRADING HUB's trading platform offers two convenient options: the MT5 Platform, providing various tools and accessibility across multiple devices for online trading, and the Web Trader platform, catering to traders who prefer a web-based solution.
MetaTrader 5 Platform: With an intuitive interface and multifarious tools, MT5 enables successful online trading across various devices, including Windows, Mac OS, iOS, Android, and web browsers. It ensures traders can execute transactions and perform in-depth analysis anytime, anywhere, with full support for trading functions and extensive analytical capabilities.
Web Trader: Additionally, for traders who prefer a web-based solution, ALPHA TRADING HUB offers the Webtrader platform. With no additional software needed, traders can enjoy immediate access to global markets directly from any internet browser.
Deposit and Withdrawal
Alpha Trading Hub makes it simple to move your money from place to place. They provide a range of account funding and account withdrawal options in multiple base currencies, including USD, EUR, GBP, THB, IDR, and VND.
Deposit
Deposit methods include local bank transfer, credit card, cryptocurrency wire transfer (USDT, BTC), WhatsApp, etc., with a minimum deposit amount of 100 USD (500 USD for bank wire transfer). Notably, bank wire and WhatsApp deposits may take 1-2 working days to process, whereas other deposit methods are instant.
Withdrawal
Withdrawal requests are typically processed within 24 hours, but bank wire transfers may take 3-5 business days, with a minimum withdrawal amount of 50 USD (500 USD for bank wire transfer, 100 USD for WhatsApp).
2024-10-16 12:30
