About “Alpha Consulting” Company
“Alpha Consulting” is a brokerage firm registered in Russia, headquartered in Moscow. While relatively new, the company has quickly attracted a clientele of over 8,300,000 traders, with an additional 5,000 traders joining daily. It is important to highlight that “Alpha Consulting” operates without a license.
Trading Instruments
Traders on the platform can engage in trading various instruments including currency pairs, cryptocurrencies, stocks, indices, as well as commodities such as oil, gas, grain, gold, and more.
Alpha Consulting Tariff Plans
- “Basic” – requires a minimum deposit of $250. This plan allows trading with all currency pairs, offers spreads starting from 3 points, leverage of 1:100, a dedicated financial advisor, and a 45% bonus upon account opening.
- “Standard” – entails a minimum deposit of $1,500. It grants access to trading over 75 assets, with spreads from 3 points, leverage of 1:200, a personal financial advisor, and the same 45% bonus.
- “Trader” – necessitates a deposit of at least $10,000. Traders can engage in trading with over 300 assets, benefit from spreads starting from 2.1 points, leverage of 1:200, 24/7 access to a personal manager, and a 45% account opening bonus.
- “PRO” – with a minimum deposit of $25,000, this plan allows trading with all available assets, spreads starting from 0.7 points, leverage of 1:500, round-the-clock access to a personal manager, and a 45% account opening bonus.
“Alpha Consulting” does not provide a demo account for traders.
Trading Platforms
The company offers the Consulting-Alfa Webtrader platform for trading, which can be accessed directly through a web browser without the need for downloading. This platform boasts highly efficient trading charts.
Clients also have the option to utilize the MetaTrader 4 platform, which requires installation on the user’s device. This platform supports copy trading and micro-lots, offers over 50 analytical tools, and is compatible with mobile devices.
Deposits and Withdrawals
Traders can fund their accounts with Bitcoin or fiat money, with initial deposits starting from £65 or $100 / €90. Withdrawals have the same minimum amount requirement. Withdrawal processing times may range from three to five days, while the withdrawal commission fee is unspecified on the website. Only verified users are eligible to make withdrawals.
Registration and Access to the Personal Account
Brokerage services provided by “Alpha Consulting” are accessible to individuals above the age of 18 who are not U.S. citizens. To register, individuals are required to complete a form and agree to the terms outlined in several documents, including the “Client Agreement,” “Privacy Policy,” “Company Policy,” “Risk Disclosure,” and “Disclaimer.” Following registration, users must log in to their personal account and upload a passport photo for identity verification.
Summary
“Alpha Consulting” offers brokerage services that present an opportunity for profitable trading; however, it is crucial to acknowledge the absence of a license. Prospective traders are advised to thoroughly review the user agreement, read testimonials, and potentially seek advice from a financial expert before engaging with the platform.
This review has been prepared by the specialists at ExpertsReview.
I had an absolutely regrettable experience with Al’fa Konsalting. Their communication and customer service was utterly appalling with little to no responses to queries and issues. Furthermore, their transaction process was sluggish and presented an unnecessary amount of errors. The rates were not as competitive as they initially led me to believe and their financial advice was highly misleading. I definitely would not recommend their services to anyone. The team showed an alarming lack of professionalism and expertise. Overall, it was a completely disappointing experience.