Trade Forex Trading

Top 100 Forex Brokers List British Virgin Islands Based Forex Trading Broker Review

Broker Review of forex trading broker is based in British Virgin Islands. Below is a list of the most common questions about that traders ask about this broker.

AlForex is owned by AL Trade Inc.

Forex Broker reviews - Forex Reviews of

Where is forex broker based

Alforex is based in British Virgin Islands, its address is

P.O.Box 3321,

Road Town,


British Virgin Islands.

Is a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker cannot be found on the forex broker’s website.

What is the execution method of

Market Maker, dealing desk execution of orders

Financial Instruments provided for trading by


Metals - Silver and Gold



What are the forex account types of


  • Micro Account
  • Mini Account
  • Standard Account

Does have Islamic Forex Trading Accounts

AlForex provides swap free Islamic Accounts

What are the terms for demo accounts for

90 days forex demo trading account is provided for practice forex trading

How is the withdraw and deposit process of

Bank wire, WebMoney and Credit Card money transfer methods are provided for deposit and withdraw of forex funds.

Credit Card Deposit fees - 5%

Bank Wire Withdraw fees - $35

What is the minimum account opening capital for

  • Micro Account - $20
  • Mini Account - $200
  • Standard Account - $1,500

Does give an account opening deposit bonus bonus

Alforex gives an account opening deposit bonus

What is the security and reliability of

What is the broker rating for security and reliability

This forex broker is not regulated by any Financial Authority

Does accept forex scalping

Al Forex does not allow scalping forex trading

Does give free forex education to traders

This broker provides learn currency trading education for forex trading online.

AlForex Provides a learn forex education section where traders can learn what is forex trading, forex trading strategies, forex trading systems, fundamental analysis and technical analysis of Currencies.

What are the trading platforms of forex broker

MetaTrader 4

Mobile Trader

PDA Trader

Smartphone Trader

iPad Trader

iPhone Trader

Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best platform according to reviews.

The forex broker provides this forex trading platform MetaTrader 4 can be downloaded from the forex broker’s website

Does allow automated forex trading

The broker automated trading policy on automated trading is:

Al Forex execution method may not necessarily allow Expert advisor automated forex trading execution.

What are forex broker website sections

The website information sections are:

Forex Trading Accounts Section: where traders will find information about forex accounts such as forex demo account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.

Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.

Platforms Section: this section provides platforms where a trader can choose one for trading.

Interest Rates Section: for information about the various interest rates of the major Currencies

Forex Calendar Section: for updates on market economic news and fundamental economic reports schedule


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