Forex Brokers

ALBA Brokers

1.4 (14 reviews)
🇲🇪 Montenegro
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1.4
14 reviews
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About ALBA Brokers

ALBA Brokers has been flagged by Capital Market Authority of Montenegro for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Completely let down by ALBA Brokers

J
James X.
2 weeks ago

ALBA Brokers locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Automated trading options|Clean UI|Clear documentation|Great customer service

Cons: No integrated tax optimization

Support ghosted me

M
Maya N.
4 weeks ago

My card was charged twice by ALBA Brokers on the same day. I had to dispute it with my bank. ALBA Brokers then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Multi-device support|Helpful community forum

Cons: Slow to add new assets|Research section could be deeper

Bait and switch tactics

R
Rebecca D.
1 months ago

After spending for roughly four months trying to make ALBA Brokers work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Great customer service|Personal attention

Cons: Account statements could be more detailed|Minimum deposit could be lower

Feeling robbed honestly

K
Karen E.
1 months ago

I trusted ALBA Brokers with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Detailed reporting|Multi-device support|Stable platform|Smooth onboarding

Cons: Charting tools need more indicators|Research section could be deeper

Pushed structured products

J
Joel V.
1 months ago

Do not use ALBA Brokers for anything serious. I used them since early this year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Segregated accounts|Clean UI

Cons: Minimum deposit could be lower

Something doesn't add up here

E
Elizabeth N.
2 months ago

Several red flags with ALBA Brokers: (1) They promise unrealistically high returns, (2) They're not registered with Capital Market Authority of Montenegro, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Cannot withdraw funds - classic scam

P
Peter M.
4 months ago

Tried to withdraw my funds from ALBA Brokers and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Disgraceful treatment of customers

Z
Zoe D.
5 months ago

Opened my account with ALBA Brokers when my bank disappointed me and I searched for alternatives and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Economic calendar|Professional team|Wide product range|Competitive fees

Cons: Live chat only during business hours

No TradingView integration

T
Tiffany X.
6 months ago

The platform at ALBA Brokers is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.

Pros: Customizable dashboard|Low minimum deposit

Cons: Wish they had more educational resources

They should be ashamed

D
Danielle P.
10 months ago

After for a couple of months now with ALBA Brokers, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Comprehensive tools|Good analytical tools|API access|Fast deposits

Cons: Onboarding videos are outdated|No crypto staking