Score

1.99 /10
Danger

Alvar Financial Services

Gibraltar

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.16

Risk Management Index0.00

Software Index7.94

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Alvar Financial Services Limited

Company Abbreviation

Alvar Financial Services

Platform registered country and region

Gibraltar

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Alvar Financial Services · Company summary
Alvar Financial Services Limited Review Summary
Founded2022
Registered Country/RegionGibraltar
RegulationUnregulated
Market InstrumentsCFDs on Shares, Indices, Forex, Commodities
Demo Account
Leverage/
EUR/USD Spread/
Trading PlatformMT4, MT5, Proprietary platform
Min Deposit/
Customer SupportEmail: info@alvarfinancial.com
Physical address: 851 Europort, Gibraltar GX11 1AA10 Lower Thames Street London EC3R 6EN
Regional RestrictionEuropean 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 choicesEuropean Union clients are not allowed
MT4 and MT5 trading platformNo regulation
Popular payment optionsScantly 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.

FCA search results

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 PlatformSupported Available Devices Suitable for
Proprietary platformWeb, Mobile/
MT4WebBeginners
MT5WebExperienced traders
Trading Platform

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.

Payment options

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FX1092305594
more than one year
My initial impression of Alvar Financial Services was very poor because their website design looks very unprofessional. There seems to be a lot of important information missing...
My initial impression of Alvar Financial Services was very poor because their website design looks very unprofessional. There seems to be a lot of important information missing...
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2022-12-07 11:16
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