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Broker AlphaPrime: Reviews

Attention! The company is suspected of fraud

Contact 

  • Site: 5976iot.com;
  • Feedback form;
  • Email: [email protected];
  • Phone: +31 334 464 78 98;
  • Office location: Nicosia, Cyprus.

General information

AlphaPrime positions itself as a leader in the financial markets. The company does not disclose how long it provides brokerage services, and there are no user reviews either. However, the platform has a list of awards that the company has received:

  • “Best Trading Experience of 2019”;
  • “Most Innovative Broker 2018”;
  • “Best Customer Service Global 2017”.

There is information on the AlphaPrime platform that the broker provides access to 40,000+ trading instruments. Among the main advantages, the company lists fairness and transparency.

The brokerage organization provides an address in Cyprus (Nicosia), Email, phone number and a feedback form. There is no certificate of incorporation and no license on the platform. In the reviews, traders write that all terms of cooperation are specified in internal documents (Terms And Conditions, Privacy Policy, Cookie Policy, AML Policy).

Trading conditions

AlphaPrime offers access to trading currencies, futures, energies, indices, stocks and metals. 

Features of plans:

  • Micro. The minimum deposit is $250. The main features are: MetaTrader 4 or Webtrader, spreads from 1 pip, max leverage 1:500, no commissions, Margin Call/Stop out – 40%/10%;
  • Standard. The minimum deposit is $2,500. The main features are: spreads from 1 pip, max leverage 1:300, no commissions, Margin Call/Stop out 50%/20%;
  • Premium. The minimum deposit is $25,000. The main features are: Trading Platform – MetaTrader 4 or Webtrader, spreads From 0.6 pips, max leverage 1:100, commission – $6/€5 per round-turn standard lot, Margin Call/Stop out 40%/10% , Fund Management is available;
  • Gold. The minimum deposit is $100,000. Optional: spreads from 0.6 pips;
  • VIP. The minimum deposit is $250,000. From the conditions on the site it is not clear how this trading plan differs from the Gold Account.

If you want to receive passive income, the broker offers to join an affiliate program.

Review results

It is not our task to evaluate AlphaPrime. We want to see reviews of real customers who will tell about all the nuances of cooperation. Are you ready to share your personal opinion? Leave a review!

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