Verified: The Domain Name Of Alfa Financials Was Registered In 2015 And Is A Foreign Exchange Broker. The Company Currently Has No Effective Supervision. Please Pay Attention To The Risks In Case The Funds Are Damaged.
Note: Alfa Financials As An Unregulated Broker, This Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of Regulatory Authority To Hold The Company Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Trader.
According To The Company's Official Website:
Alfa Financials Is A South African Financial Services Provider That Claims To Provide Traders With Access To The Global Foreign Exchange Market Through A Powerful Online Trading Platform, Enabling Global Clients To Safely Trade Currency Pairs, Indices And Commodities Online.
Alfa Financials Offers The ALFATRADER DESKTOP Forex Trading Platform. Alfa Financials Offers More Than 35 Forex Currency Pairs, Stocks, Indices, CFDs, Commodities, Gold And Silver For Trading Options.
The Company Claims That Their Low Spreads And Low Trading Fees Help Reduce Trading Costs And Help You Maximize Your Gains.
Alfa Financials Offers The AlfaTrader Desktop Platform And A Mobile Trading Application For Android Devices. Customers Can Access The Forex Trading Market Online Through Their Online Trading Platform.
Hibernation Fee
If The Trading Account Is Inactive For A Month (30 Consecutive Days) Or More, The Company Reserves The Right To Charge A Monthly Account Maintenance Fee. The Specific Fee Will Be Calculated According To The Currency Denomination Of The Trading Account, As Follows:
The Company Will Charge A Fee Of 100 * USD Or 1500 * South African Rand And Notify The Client.
Commission Fee
All Commissions Are Charged In The National Currency Of The Account Denomination. Therefore, ZAR-denominated Accounts Will Charge All Commissions In ZAR And USD-denominated Accounts Will Charge Commissions In USD.
The Following Shows The Commissions For Their USD-denominated Accounts.
Cost Per Trade Opening Or Position Squaring: $15 * Per Lot
Lower Commissions Are Available For Clients With High Account Balances. The More Deposits, The Lower The Commission.
High Net Worth Account Commission Fee (Minimum $10,000 Balance)
$10,000 - $49,999, $12.50 Per Lot *
$50,000 - $149,999, $10 Per Lot *
$150,000 - $499,999, $7.50 Per Lot *
$500,000 And Above, $5 Per Lot *
Account Opening Process
5 Steps Required To Open An Account:
Step 1: Fill Out The Form On The Right To Start The Application.
Step 2: You Will Be Guided To Fill Out The Account Request Form.
Step 3: Please Provide Your Documents To The Company For Compliance Purposes.
Step 4: The Company Provides A Username And Password And A Link To Download And Install The Online Trading Platform.
Step 5: Log In To The ALFA TRADER Trading Platform, Deposit Funds, And Start Trading.
Customer Support
Tel: + 27 10 492 3969, + 27 11 083 7954
Email: Info@alfafinancials.co.za, Backoffice@alfafinancials.co.za
Website: Https://www.alfafinancials.co.za/
Address: Suite 16, 2nd Floor, Katherine & West114 West Street, Sandton, Johannesburg, 2031 South Africa.
