Alpha Bull Markets-Overview of Minimum Deposit, Leverage, Spreads

Note: Since Alpha Bull Markets official site (https://www.alphabullmarkets.com/) is not accessible (as the below screenshot shows) while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Alpha Bull Markets is allegedly a suspicious regulated forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with over 1,100 tradable financial instruments with leverage up to 1:500 and floating spreads from 1.4 pips on the state-of-the-art MetaTrader5 trading platform in a single account.

Market Instruments

Alpha Bull Markets advertises that it offers more than 1,100 trading instruments in financial markets, including 80+ forex pairs and numerous CFDs on shares, indices, oil, gold and cryptocurrencies.

Account Types

It seems that only one standard account type is offered by Alpha Bull Markets. The minimum initial capital amount to open an account is said to be $1,000.

Leverage

The maximum leverage ratio provided by Alpha Bull Markets is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Alpha Bull Markets claims that the minimum spread for forex trading is as low as 1.4 pips.

Trading Platform Available

Alpha Bull Markets says to offer the worlds most popular MetaTrader5 platform, but actually, the available platform was an unbranded trial version of MetaTarder5, taken directly from the homepage of the developer of Meta Quotes. Anyway, we suggest you use MT4 or MT5 as the trading platform. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with currently 10,000+ trading apps the traders can utilize to achieve better results. Both MT4 and MT5 have mobile Apps, trading can be done from anywhere and at any time through the right mobile terminals including iOS and Android devices.

Deposit & Withdrawal

Alpha Bull Markets accepts bank wire transfers, bitcoins and credit card payments through a third-party payment provider called Sunrise Solutions. The minimum deposit requirement is $1,000, while most regulated brokers offer only a $10 minimum deposit.

Customer Support

Alpha Bull Markets‘ customer support can be reached by email: support@alphabullmarkets.com. Company address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.