Score

1.40 /10
Danger

ALIGNFXTRADERS

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index6.13

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ALIGNFXTRADERS · Company summary

General Information & Regulation

General Information & Regulation

ALIGNFXTRADERS is allegedly a forex and CFD broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:1000 on the MT4 trading platform, as well as a choice of four different investment plans and 24/7 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that ALIGNFXTRADERS does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.13/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

ALIGNFXTRADERS advertises that it offers access to a wide range of global CFD instruments, including indices, forex, commodities, metals and bonds.

Investment Plans

ALIGNFXTRADERS claims to offer four types of investment plans, namely Starter Plan, Silver Plan, Gold Plan and Premium Plan, with minimum initial deposit requirements of $300, $1,000, $5,000 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Investment Plans

Leverage

The leverage offered by ALIGNFXTRADERS is capped at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform Available

The platform available for trading at ALIGNFXTRADERS is the worlds leading MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

ALIGNFXTRADERS says to offer a variety of payment methods including credit/debit cards, e-Wallets, Bank Wire transfers and local payment solutions. The minimum initial deposit requirement is said to be $300.

Customer Support

ALIGNFXTRADERS‘ customer support can be reached by email: support@alignfxtraders.com, live chat or send messages online to get in touch. Company address: 3463 Anthony Avenue Abilene, TX 79605. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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