AlfacapitalCFD has been flagged by Commissione Nazionale per le Società e la Borsa 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. Website domain: https://client.alfacapital-cfd24.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. AlfacapitalCFD recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Customizable dashboard|Automated trading options
Cons: Email notifications too frequent
Where do I even begin with AlfacapitalCFD? for nearly two years of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Good mobile app|Multiple order types|Demo account available
Cons: Alert system is basic
KYC with AlfacapitalCFD is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Competitive fees|Copy trading available
Cons: Minor UI glitches occasionally|No crypto staking
What really bothers me about AlfacapitalCFD is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through my accountant's suggestion and I fell for the polished exterior. Never again.
Pros: Responsive team|Customizable dashboard|Clean UI|Fast support response
Cons: Research section could be deeper
AlfacapitalCFD advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Social trading features|Regular platform improvements|Automated trading options
Cons: Limited social trading features
Do not believe the bonus offer from AlfacapitalCFD. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a podcast recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Educational resources|Easy withdrawals
Cons: Onboarding videos are outdated|Could offer more webinars
After spending for close to eighteen months trying to make AlfacapitalCFD 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: Fast deposits|No hidden fees
Cons: No live chat on mobile
My withdrawal from AlfacapitalCFD was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about eight months of being strung along.
Pros: Segregated accounts|Excellent charting|Reliable uptime
Cons: Currency conversion fee exists
The so-called education at AlfacapitalCFD is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.
Pros: Comprehensive tools|Personal attention|Stable platform|Copy trading available
Cons: Withdrawal takes 1-2 business days
Tried to withdraw my funds from AlfacapitalCFD 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: No regulatory oversight|Money disappeared|Fake testimonials