Alb Forex Review

Read our full Alb review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased Alb opinion allows our readers to decide whether Alb is a reliable broker.

Alb Forex Broker History

Launched in 2017, Alb is based in Malta. The broker offers trading accounts to both retail and professional traders. The broker is regulated and offers an advanced platform and diverse set of assets.

Alb broker safety

Alb is overseen by the Malta Financial Services Authority (MFSA). The broker follows MiFID II which is an EU directive, enabling it to offer its trading services to EU zone clients. The broker offers segregated accounts which is an important safety feature. Alb is a part of the investor compensation scheme. Retail traders are provided negative balance protection, which is important to avoid getting into minuses.

Alb Broker Review of Accounts

The broker focuses mainly on institutional traders and offers three different account types. There are standard, pro, and corporate accounts offered. The standard account has a 200 euro minimum deposit and spreads from 1.4 pips on major FX pairs. The leverage is up to 1:30 on retail accounts. However, professionals can get 1:100 leverage. The corporate and pro accounts have raw spreads and commissions and customizable conditions. Traders are provided with over 18,000 markets, which is a serious amount.

Alb instruments

The broker allows access to diverse assets:

• Forex pairs (majors, minors, exotics)
• Metals and energy commodities
• Indices and equities
• Cryptocurrencies
• Global bonds

This is one of the most diverse offerings.

Alb Reviews of Trading Platforms

The broker offers access to an advanced trading platform, MetaTrader 5 (MT5). The broker allows traders to use full features of the platform such as Expert Advisors and custom indicators. Mobile trading is available via the MT5 mobile app, enabling traders to speculate on diverse assets on the go.

Alb Forex Review of Extra Features

Alb does not provide bonuses or promotions, which is a serious downside. However, there are webinars, economic calendar, and some other features provided. Traders can get market analysis and news information.

Alb Reviews of Customer Support

Customer support experience at Alb is multilingual and responsive. Both the website and support are available in more than 5 different languages, which is very competitive and flexible. When it comes to support channels, the broker provides live chat, email, and phone support options. The phone support is crucial in FX trading and it is competitive and flexible that Alb is offering it together with built-in live chat support.

Alb Deposit and Withdrawal

Deposits and withdrawals at Alb are commission-free from the broker’s side, which is very useful for traders to withdraw profits without additional commissions. Traders can use various payment options such as Visa, MasterCard cards both debit and credit, and wire transfers. The bank cards option is faster while wire transfers take several days to process. Deposits are processed instantly for bank cards and withdrawals are also quick when using cards.

Alb Review Conclusion – can you trust Alb?

Alb is a regulated and reliable broker that operates in the EU zone. It offers an advanced trading platform MetaTrader 5, a wide range of trading assets, and advanced account types for seasoned traders. The absence of a structured account-type model and training materials and the lack of deposit bonuses are downsides. However, experienced traders will find many useful and attractive conditions and features.

FAQs on Alb

Is Alb a scam?

Alb scam is highly unlikely as the broker is a regulated entity overseen in Malta by the FSA, ensuring security standards across the EU.

What is the Alb minimum deposit?

The minimum deposit at Alb for retail traders starts at 200 euros, which is not competitive.

Is Alb a cheap broker?

No, the broker has high spreads from 1.4 pips for retail traders, but it offers raw spreads for institutional traders.