ALB.com is a CFD broker that offers CFDs on stocks, indices, commodities, and cryptocurrencies in addition to currency pairs. The company is licensed in Europe by the Malta regulatory authority MFSA, so the broker can legally offer its services to citizens of the Czech Republic and Slovakia. The minimum deposit for ALB.com broker is set at $200.
ALB.com – Broker overview
| Minimum deposit | 200 USD |
| Regulated broker | Yes |
| Regulation | MFSA |
| Trading platform | cTrader, MT4, MT5 |
| Demo account | Yes |
ALB.com trading platform
ALB.com offers its clients a total of 3 trading platforms – MT4, MT5 and cTrader. Each platform can be downloaded to your computer, or you can trade directly from your web browser. In addition, both MT4 and MT5 also support automated trading systems (EAs).
ALB.com fees (spreads)
Just like any other CFD broker, ALB.com charges a spread fee. For the current value of this fee, please visit ALB.com’s website. We have prepared a small comparison table here, where you will find the ALB.com spread fee on popular currency pairs compared to 2 other popular CFD brokers.
EUR/USD | USD/JPY | GBP/USD | AUD/USD | |
| ALB.com | 1.4 | 2.0 | 2.0 | 2.1 |
Advantages and disadvantages summary
ALB.com broker must comply with the regulatory guidelines of the MFSA. The broker offers a total of 3 trading platforms and a limited-time free demo account. The number of assets available on the platform is not staggering, but the basic offer can be found here. The spreads that the broker charges are slightly below average for the forex market. You can check out more reviews of Saxo Bank here.
Cons:
- Bad language mutations
- Time-limited demo account
Pros:
- Free demo account
- Regulated and licensed
- Trading on MetaTrader5
- Responsive and reliable in communication
