Frequently Asked Questions

Frequently Asked Questions

Q: Is Alpha Broking (Alpha Equities & Futures Ltd) regulated?
A: Yes. Alpha Broking is regulated by the Australian Securities & Investments Commision (ASIC) in Australia. Please see our Financial Services Guide for more information.

Q. Does Alphas counter-party market make?
A. No our system passes your trades directly into the interbank market feeds of the top 5 banks in the UK.

Q: Where is my money held?
A: Funds are deposited into a client trust account at HSBC in accordance with ASIC regulations. HSBC is an AAA rated bank. 

Q: How do I deposit funds?
A: There are several options for depositing funds including BPay, Cheque, and Direct Deposit

Q: How do I withdraw funds?
A: Simply email your account representative a completed third party withdrawal form and we will process your request within 1-3 business days.

Q: How long does a demo last?
A: The MT4 demo lasts as long as you need it.

Q: Can I trade micro & mini lots?
A: Yes. You can trade as little as 0.01 lots (1,000 base currency)

Q: What is your leverage?
A: FX leverage through the inter-bank market is 50:1 as standard and can be increased to 100:1 on request.

Q: What currency is my account held in?
A: You can open an account either in AUD, USD, EUR, GBP or NZD

Q: What time zone are the charts in MT4?
A: Metatrader4 charts are set to be GMT +2. There are indicators available to change this. Please contact us for more information.

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Disclaimer: "Trading foreign exchange and futures on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange- and futures trading, and seek advice from an independent financial advisor if you have any doubts.”

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