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ALB Prime Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-15 09:57

Abstract:ALB Prime is a Turkey-registered brokerage established in 2017, offering trading in forex, commodities, indices, stocks, bonds, and cryptocurrencies through MetaTrader 4. The broker requires a minimum deposit of $500 across its six account types and provides leverage up to 1:100. However, ALB Prime restricts services to residents of several countries, including the US, Canada (Quebec), Japan, Turkey, and Israel. Importantly, the firm operates without regulation from any financial authority, which potential clients should carefully consider due to the increased risks associated with unregulated brokers.

ALB PrimeReview Summary
Founded2017
Registered Country/RegionTurkey
RegulationNo regulation
Market InstrumentsForex, commodities, indices, stocks, bonds and cryptos
Demo Account✅
Leverage1:100
Spread1.6 pips (Mini account)
Trading PlatformMetaTrader4 (MT4)
Minimum Deposit$500
Customer SupportTel: +90 212 337 02 90
Email: info@albprime.com
Social media: Twitter, Facebook, Instagram, YouTube, Linkedin
Physical Address: Cumhuriyet Mah. Nakiye Elgün Sok. İkbal Apt. Şişli / Istanbul / TURKEY
Regional RestrictionsThe United States, Canada (particularly Quebec), Japan, Turkey, and Israel

ALB Prime Information

  ALB Prime is a Turkey-registered brokerage established in 2017, offering trading in forex, commodities, indices, stocks, bonds, and cryptocurrencies through MetaTrader 4. The broker requires a minimum deposit of $500 across its six account types and provides leverage up to 1:100. However, ALB Prime restricts services to residents of several countries, including the US, Canada (Quebec), Japan, Turkey, and Israel. Importantly, the firm operates without regulation from any financial authority, which potential clients should carefully consider due to the increased risks associated with unregulated brokers.

ALB Prime Information

Pros and Cons

ProsCons
Versatile trading accountsLack of regulation
MT4 supportRegional restrictions
Demo accountsLack of transparency
Multiple trading choicesTrading fees charged
Multilingual support

Is ALBPrime legit?

  ALB Prime operates as an unregulated broker without authorization from any financial authority, exposing clients to higher risks due to the complete lack of oversight or investor protections.

license

What Can I Trade on ALB Prime?

  ALB Prime offers over 170 trading instruments, which can be classified into six types: Forex, commodities, indices, stocks, bonds and cryptos.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies✔
Bonds✔
Options❌
ETFs❌
assets

Account Types

  The broker offers six live trading accounts: Mini, Gold, VIP, ECN, Elite, and Professional. Besides, a demo account is also available.

Account TypeMinimum DepositMaximum LeverageSpreadHandling Fees
Mini$5001:1001.6 pipsStock Basket: $0.5
Gold$5,0001:1001.4 pips
VIP$100,0001:1001.2 pips
ECN////
Elite////
Professional////
Account Types

Leverage

  ALB Prime provides tiered leverage up to a maximum of 1:100, with varying levels across asset classes:

  • Forex & Metals: 1:100
  • Commodities & Indices: 1:50
  • Stock Baskets: 1:25
  • Cryptocurrencies: 1:5

ALB Prime Fee

  ALB Prime maintains a selective fee policy across different asset classes:

  • Stock Baskets: $0.50 per trade commission
  • Cryptocurrencies: 0.40% trading fee (on transaction value)
  • Other Instruments (Forex/Commodities/Indices): Potential commission-free trading

Trading Platform

  ALB Prime offers MT4 trading on web, desktop, and mobile devices. However, as an unregulated broker, its platform reliability cannot be verified. We strongly recommend choosing a properly regulated broker instead for safer trading conditions.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔PC, web, mobileBeginners
MT5❌/Experienced traders
Trading Platform

Deposit and Withdrawal

  ALB Prime accepts deposits via bank transfer, credit cards, and prepaid cards, but it provides no details about withdrawal methods and fees. As to the processing time, if it requested before 12PM GMT, it will be processed on the same day. If it is requested after 12 PM GMT, then it will be processed on the next working day. This lack of transparency—combined with its unregulated status—poses significant risks. Always verify a brokers withdrawal policies before depositing funds.

Deposit and Withdrawal
Deposit and Withdrawal

  

Related broker

No Regulation
ALB Prime
Company name:ALB Group Holding
Score
1.49
Website:https://albprime.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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