ALB Prime-Some Detailed Information about This Broker

WikiFX | 2025-07-15 09:57

Ikhtisar：ALB Prime is a Turkey-registered brokerage established in 2017, offering trading in forex, commodities, indices, stocks, bonds, and cryptocurrencies through MetaTrader 4. The broker requires a minimum deposit of $500 across its six account types and provides leverage up to 1:100. However, ALB Prime restricts services to residents of several countries, including the US, Canada (Quebec), Japan, Turkey, and Israel. Importantly, the firm operates without regulation from any financial authority, which potential clients should carefully consider due to the increased risks associated with unregulated brokers.

ALB PrimeReview Summary
Founded	2017
Registered Country/Region	Turkey
Regulation	No regulation
Market Instruments	Forex, commodities, indices, stocks, bonds and cryptos
Demo Account	✅
Leverage	1:100
Spread	1.6 pips (Mini account)
Trading Platform	MetaTrader4 (MT4)
Minimum Deposit	$500
Customer Support	Tel: +90 212 337 02 90
	Email: info@albprime.com
	Social media: Twitter, Facebook, Instagram, YouTube, Linkedin
	Physical Address: Cumhuriyet Mah. Nakiye Elgün Sok. İkbal Apt. Şişli / Istanbul / TURKEY
Regional Restrictions	The United States, Canada (particularly Quebec), Japan, Turkey, and Israel

ALB Prime Information

ALB Prime is a Turkey-registered brokerage established in 2017, offering trading in forex, commodities, indices, stocks, bonds, and cryptocurrencies through MetaTrader 4. The broker requires a minimum deposit of $500 across its six account types and provides leverage up to 1:100. However, ALB Prime restricts services to residents of several countries, including the US, Canada (Quebec), Japan, Turkey, and Israel. Importantly, the firm operates without regulation from any financial authority, which potential clients should carefully consider due to the increased risks associated with unregulated brokers.

Pros and Cons

Pros	Cons
Versatile trading accounts	Lack of regulation
MT4 support	Regional restrictions
Demo accounts	Lack of transparency
Multiple trading choices	Trading fees charged
Multilingual support

Is ALBPrime legit?

ALB Prime operates as an unregulated broker without authorization from any financial authority, exposing clients to higher risks due to the complete lack of oversight or investor protections.

What Can I Trade on ALB Prime?

ALB Prime offers over 170 trading instruments, which can be classified into six types: Forex, commodities, indices, stocks, bonds and cryptos.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	✔
Options	❌
ETFs	❌

Account Types

The broker offers six live trading accounts: Mini, Gold, VIP, ECN, Elite, and Professional. Besides, a demo account is also available.

Account Type	Minimum Deposit	Maximum Leverage	Spread	Handling Fees
Mini	$500	1:100	1.6 pips	Stock Basket: $0.5
Gold	$5,000	1:100	1.4 pips
VIP	$100,000	1:100	1.2 pips
ECN	/	/	/	/
Elite	/	/	/	/
Professional	/	/	/	/

Leverage

ALB Prime provides tiered leverage up to a maximum of 1:100, with varying levels across asset classes:

Forex & Metals: 1:100
Commodities & Indices: 1:50
Stock Baskets: 1:25
Cryptocurrencies: 1:5

ALB Prime Fee

ALB Prime maintains a selective fee policy across different asset classes:

Stock Baskets: $0.50 per trade commission
Cryptocurrencies: 0.40% trading fee (on transaction value)
Other Instruments (Forex/Commodities/Indices): Potential commission-free trading

Trading Platform

ALB Prime offers MT4 trading on web, desktop, and mobile devices. However, as an unregulated broker, its platform reliability cannot be verified. We strongly recommend choosing a properly regulated broker instead for safer trading conditions.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, web, mobile	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

ALB Prime accepts deposits via bank transfer, credit cards, and prepaid cards, but it provides no details about withdrawal methods and fees. As to the processing time, if it requested before 12PM GMT, it will be processed on the same day. If it is requested after 12 PM GMT, then it will be processed on the next working day. This lack of transparency—combined with its unregulated status—poses significant risks. Always verify a brokers withdrawal policies before depositing funds.