Brief Understanding Of Alior Trader
Alior Trader Is The Brokerage Arm Of The Main Polish Bank Alior Bank SA, Specializing In The Foreign Exchange Market And Offering More Than 90 Leveraged CFDs. The Proprietary Alior 4 Trader Platform Is Available On Desktop, Mobile And Browser-based Web Platforms. Alior Bank SA Provides Its Services Under The Supervision Of The KNF (Komisja Nadzoru Finansowego) And Client Funds Are Protected By The BFG (Bankowy Fundusz Gwarancyjny) Compensation Scheme. Alior Trader Accounts Have Negative Balance Protection And The Broker Provides Professional Support For Demo Accounts, Telephone Trading Services And Related Inquiries.
Advantages Of Trading With Alior Trader:
ECN (electronic Communication Network) And STP (straight-through Processing) Technologies.
High Market Capitalization And Financial Stability Of The Banks That Manage Alior Trader.
Main Trading Fees Are Commissions Based On Turnover, Not Spreads.
Brokers Do Not Charge Fees For Opening Or Maintaining Accounts.
The Demo Mode Of The Trading Platform Can Be Used To Test Broker Conditions Without Depositing Real Money.
Free Deposits And Withdrawals With Alior Bank's Account.
Broker Commissions Decrease As Trading Volume Increases.
Disadvantages Of Alior Trader :
The Variety Of Financial Instruments Is Not As Wide As Its Competitors, And It Is Not Possible To Trade CFDs On Stocks. The Choice Of Cryptocurrencies Is Limited To ETH And BTC.
The Broker Does Not Provide Educational Materials, Bonuses, And Investment Solutions For Forex Traders.
Maximum Leverage Is 1:30.
Trading Account Opening
To Access A User Account On The Alior Trader Website, Complete The Registration Process, Which Includes The Following Stages.
1 To Display Regedit On The Screen, Click The Button Open Trading Account. It Is Located In The Upper Right Corner Of The Official Alior Bank Website.
2 Fill In The Form With The Required Details, Including Personal Information, Preferred Trading Instrument, Residential Address, Bank Account Number, And PESEL Number. Confirmation Of The Information Provided In The Document That Can Be Uploaded As A Scanned Copy Is Also Required, Or Take The Original To The Brokerage Office.
The Company Will Verify The Information Provided In The Form And Will Open An Account Only If The Details Are Found To Be Accurate. The Login Name And Password Used For Access Will Be Emailed To The New Customer. The System Generated Password Can Be Changed Later. To Start Trading, A Trading Platform Must Be Installed Or A Web Platform Used, Followed By A Deposit.
Account Type
Alior Trader Offers A Single Account Type For Retail Traders, But In A Different Currency. Any Amount Sufficient To Meet Margin Requirements And Cover Broker Fees Can Be Credited To The Account. As Trading Volume Increases, Trading Fees Are Reduced, Providing More Favorable Conditions For Active Experienced Traders.
Account Type:
Real
This Is An ECN Account With Market Execution And Variable Spreads. It Can Be Opened Not Only In Zloty, But Also In EUR Or USD. The Account Offers The Right To Trade Directly With Liquidity Providers, Thus Achieving Spreads Close To Zero.
In Addition, Alior Trader Also Offers A Demo Account. Traders Use Virtual Funds Provided By The Broker To Trade In Real Market Conditions. The Demo Account Is Valid For 30 Days From The Date Of Opening.
Alior Trader Is A Broker With A Proprietary Platform Designed To Perform In-depth Market Analysis And Trade Derivatives In Financial Marekt.
Deposits And Withdrawals
No Commission Is Charged If The Client Requests A Withdrawal To Their Account At Alior Bank Using Alior Online Banking Or The Alior Mobile App. The Commission For Withdrawals To Other Polish Bank Accounts Ranges From 0 To 6 Zrozro.
International Transfers Are Subject To Customs Duties Of Alior Bank And The Receiving Bank. The Amount Of Commission Depends On The Channel And Trading Mode (Standard, Urgent Or Express).
After Submitting The Withdrawal Request, The Applicant Will Receive A SMS Verification Code On Their Mobile Phone For Confirmation.
The Funds Will Be Credited To The Client's Account Within 1-5 Working Days, Depending On The Receiving Bank And The Type Of Transfer.
Customer Support
The Broker's Customers Can Call The Hotline For Assistance With Related Inquiries. It Works From Sunday 23:00 To Friday 23:00 (GMT + 1). The Website's Chatbots Provide Traders With Basic Information About Trading Conditions And Services 24/7.
