A forex account at AlfaXM is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

You can open Basic, Advanced, or Premium accounts as shown in the table above.

Please note that forex (or currency) trading is available on all AlfaXM Platforms.

In summary, your forex trading account includes
1. Access to the AlfaXM Members Area
2. Access to the corresponding platform(s)

Similarly to your bank, once you register a forex trading account with AlfaXM for the first time, you will be required to go through a straightforward KYC (Know your Customer) process, which will allow AlfaXM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.

By opening a forex account, you will be automatically emailed your login details, which will give you access to the AlfaXM Members Area.

The AlfaXM Members Area is where you will manage the functions of your account, including depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing leverage, accessing support and accessing the trading tools offered by AlfaXM.

Our offerings within the clients’ Members Area are provided and constantly enriched with more and more functionalities and therefore giving our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers.

Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades. Any deposits/withdrawals or other changes to settings you make from the AlfaXM Members Area will reflect on your corresponding trading platform.