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After carefully evaluating Alfa Capital with my experience as a long-time forex trader, I find the clear disadvantages substantially outweigh any potential advantages. The most pressing concern for me is the complete lack of regulatory protection—both its CySEC and FCA licenses have been revoked. In my experience, trading with a broker lacking valid regulation exposes traders to significant risks, such as insufficient oversight, unclear dispute resolution processes, and a lack of guarantees about fund segregation or basic client protections. Regarding trading opportunities, Alfa Capital claims to provide access to FX, metals, options, and futures. On paper, this could offer some diversity, but due to the absence of transparent details on trading conditions—such as leverage, spreads, platforms, and minimum deposits—I can't properly assess their competitiveness or fairness. Transparent and up-to-date information on core trading conditions is non-negotiable for me, especially when managing risk and planning trades. Additionally, the fact that Alfa Capital’s regulatory status is flagged as “high potential risk,” with both its Cyprus and UK operations deregistered, means there would be no meaningful recourse if disputes or withdrawal issues arose. I strongly prefer brokers with strong, current regulatory standing and transparent operational details. While the range of instruments might superficially appear attractive, for me, the revoked licenses, lack of crucial information, and invalid website make Alfa Capital far too risky to consider safe or reliable for real-money trading.