Alaric Securities

General information and regulations of Alaric Securities

Alaric Securities is an EU licensed and trusted premier broker-dealer established in Bulgaria less than a year ago.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Alaric Securities is dedicated to provide following services: brokerage services, electronic trading and risk management, routes and liquidity, funding information, etcetera. Their target clients are individuals and corporates.

Spreads and commissions for trading with Alaric Securities

Alaric Securities charges some commissions for certain instruments like stocks, ETFs and options, and it has a page that reveals clearly respective fees.

Account Types for Alaric Securities

According to its page, it has at least two types of accounts: individual account and corporate account. However, further details are not available.

Trading platforms offered by Alaric Securities

The trading platform of Alaric Securities called hammer is its own platform. However, it requires a cost of almost 30 dollars a month. This is not that common among financial companies, especially forex brokers.

Leverage offered by Alaric Securities

The highest leverage set buy Alaric Securities is quite conservative, around 1:30 or 1:40. Such a leverage can be a safety belt for forex traders from losing too much.

Deposit and withdrawal methods and fees

Alaric Securities is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at Alaric Securities, such as market insights, articles, news, trading tips, white pappers.

Customer support of Alaric Securities

Below are the details about the customer service.

Language(s): English

Email: sales@alaricsecurities.com

Phone Number: +359 243 981 61

Social media: Facebook, LinkedIn, YouTube, twitter

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of Alaric Securities

Advantages:

We havent find very outstanding advanges

Disadvantages:

No effective regulation

Few information available

No MT4/MT5

No copy trading

No demo account

Expensive platforms

Frequent asked questions about Alaric Securities

Is this broker well regulated？

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.