WikiFX

Reply

Based on my research and experience, I have been unable to obtain clear or reliable information regarding whether Alfa Capital offers fixed or variable spreads. The WikiFX context highlights a significant lack of transparency about their trading conditions, with no detailed disclosure on spreads, leverage, or platform specifics. As someone who has learned to place a premium on regulatory status and open disclosure—especially in forex trading where costs and execution can directly impact results—this absence is immediately concerning. Moreover, with Alfa Capital’s regulatory licenses from both Cyprus (CySEC) and the UK (FCA) having been revoked, I find it extremely difficult to trust the stability or fairness of their spread offering. In my experience, brokers with compromised or revoked licenses can potentially alter trading conditions, such as widening spreads during high market volatility or news events, without adequate oversight or recourse for traders. Without the backing of active regulatory supervision, there is little to ensure that spreads won’t be manipulated to the detriment of clients in volatile markets. Given these factors, I strongly urge caution. For me, the combination of revoked regulation and poor transparency on basic trading metrics makes Alfa Capital unsuitable for reliable trading, especially if tight spreads or predictable costs are a priority. In short, until Alfa Capital demonstrates a commitment to regulatory compliance and clear, accessible information, I would not be comfortable trading with them or recommending them to others.