Verified: The AlainFX Company Domain Name Was Registered On May 6, 2015 And Is Located In Saint Vincent And The Grenadines. It Is A Broker That Provides Financial Transactions.
As For Regulation, It Has Been Verified That AlainFX Does Not Currently Have Any Valid Licenses.
And Most Non-compliant Brokers Will Not Disclose Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: AlainFX As An Unregulated Broker, This Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Can Increase The Risk Of Potential Financial Losses.
If Investing 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 Broker.
According To An Internet Query:
General Information
AlainFX Is A UK Broker Established In 2015 That Offers Investors Trading On A Range Of Financial Assets, Including Forex, Indices, Commodities, Etc. AlainFX Is Registered In St. Vincent And Is Currently Unregulated.
Market Instruments
AlainFX Offers Investors More Than 60 Financial Instruments, Mainly Forex Currency Pairs, Indices, Commodities, CFDs And Stocks.
Minimum Deposit
AlainFX Offers Three Different Trading Accounts: Basic (minimum Deposit Of $100), Economic (minimum Deposit Of $500) And Classic (minimum Deposit Of $10,000).
Leverage
AlainFX Offers Flexible Trading Accounts. For Basic Accounts, Traders Can Choose A Leverage Level Of 1:1400.
Economic Accounts Offer Leverage Of Up To 1:200 And Classic Accounts Offer Leverage Of 1:100. Since Leverage Can Amplify Profits And Losses, Choosing The Right Amount Is A Key Risk Decision For Traders.
Spreads And Commissions
The Spreads For Currency Pairs Listed On AlainFX Seem To Be A Bit Large. The Spread For EURUSD Pairs Is Around 1.8 Pips, And For EUR/GBP Pairs It Is Around 3 Pips, Both Higher Than The Industry Standard.
Spreads Also Vary From Trading Account To Account. Spreads Start From 2.5 Pips For Basic Accounts, And Seem To Be Smaller For Economy And Classic Accounts, Starting From 1.7 Pips And 0.9 Pips Respectively.
Trading Platform
AlainFX Provides Traders With The World's Leading MT5 Trading Platform, Built-in 40 Technical Indicators, 44 Analysis Targets, And The Ability To Provide Candlesticks, Line Charts And Bar Charts For More Time Ranges. MT5 Is Compatible With Android And IOS Mobile To Trade Anytime, Anywhere.
Deposit And Withdraw
AlainFX Supports A Range Of Convenient Deposit And Withdrawal Methods, Including VISA, MasterCard, American Express, WebMoney, NETELLER, China UnionPay, Skrill, Local Deposit, Ideal, GiroPay, And More.
AlainFX Does Not Charge Customers Any Deposit And Withdrawal Fees. AlainFX Does Not Charge Any Deposit And Withdrawal Fees, And It Takes 3-7 Days To Withdraw.
