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AL Trade
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They offer three types of accounts. Low minimum deposit requirements. Offer micro accounts. But they restrict lot size with account type. For example people cannot use mini lot on standard account where minimum deposit is $1500.
Another BIG Cons of this broker is that it has given no information about regulation. I tried to search and found some comments where users say that this company is not regulated.
Originally posted by SashaAnother BIG Cons of this broker is that it has given no information about regulation. I tried to search and found some comments where users say that this company is not regulated.
If this broker is not regulated, it should be rated as scam.
The good or ill of a man lies within his own will. – Epictetus
I dun think non-regulation means scam. Altrade is actually offering services since 2003 and it is an independent broker based in British Virgin Islands. I dont know why it is not regulated yet but this thing is definitely suspicious.
The point is why should users go for unregulated brokers when there r plenty of regulated and reputed brokers. I really dun think of a single reason to register with suspicious brokers no matter how good they are.