Is AlfaTrade swap-free?

https://alfatraders.pro/    

No matter how attractive the trading conditions it provides, it is strongly advised against engaging with AlfaTrade. This broker is operating outside of the regulatory framework, leaving its clients vulnerable to fraud and identity theft.

While AlfaTrade claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it is important to note that this offshore financial watchdog has explicitly stated that forex trading brokerage activities are not licensed by them. Therefore, despite the claim of having an SVG FSA registration, AlfaTrade is not considered legitimate in this industry, as it lacks stringent regulation to ensure its regulatory compliance.

We recommend opting for forex brands that are regulated by top-tier authorities, such as the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). These regulators enforce strict rules and have a customer-focused approach, offering clients a higher level of protection.