Jan 31, 2017
Potential benefits following the US FED decision!
If the rate is raised or the FED officials at least give an allusion to the fact that it will be raised soon, the EURUSD currency pair will undergo strong pressure and may move about 100 points (1000 pips at the quoting accuracy of 0.00001).
Jan 30, 2017
Offering Higher Leverage & Appropriateness Test
The Cyprus Securities and Exchange Commission (the “CySEC”) has issued Circular C168 which introduces specific changes to aspects in relation to the provision of CFDs and other speculative products, such as rolling spot forex, to retail investors under MiFID (Law 144(I)/2007), which is in line with the updated version of the Q&A published by the European Securities Markets Authority (ESMA/2016/1454) on October 11, 2016.
The CySEC has mandated the industry to default the leverage choice to retail clients to 1:50 provided that they pass the Appropriateness test (“the Test”) as defined in Chapter C of Part V of the Law 144(I)/2007. Clients that do not pass the Test will be subject to lower leverage default rates (i.e. 1:20). However, this new requirement for CIFs is not a cap on leverage. Clients that explicitly ask for higher leverage and fully understand and accept the risks envisaged from their decision will be able to trade with higher leverage and lower margin requirements.
In line with the aforementioned Circular, all Cyprus Investment Firms will have to implement the necessary changes until 30th of January 2017. For the purposes of this requirement, we are obliged to perform the Test for all of our clients and define the leverage level that is appropriate or/and acceptable by them.
If you want to continue to trade with higher leverage please fulfill a ticket in your Personal area with the subject "Appropriateness Test" and text:
I have read and fully understand all information provided in this news feed https://alfaforex.com/en/about/news/maksimalnoe-kreditnoe-plecho-i-test-na-sootvetstvie. I do not wish to provide any additional information regarding my knowledge and experience, and I give my written consent to maintain the existing level of leverage provided to me. With this decision, I acknowledge and accept all risks involved.
Jan 19, 2017
Alfa-Forex investment accounts January overview
New-Year holidays have passed – it is high time to look for reliable and profitable investment accounts. The January overview will include both trusted leaders and daring novices who have already shown good results. The list will allow building a successful and balanced investment portfolio; what is more, there is a bunch of possible combinations! Read the overview and choose your own composition!
Jan 18, 2017
CAD major news: take your chance to earn on the Canadian dollar!
As early as today at 15:00 GMT Bank of Canada declares interest rate. It is expected to remain the same, meaning that traders will have a great chance to convert their CAD savings to USD which has lately been more preferable. For those who would like to clear head from Davos World Economic Forum!
Jan 13, 2017
Changes to trading schedule for Martin Luther King Day
Martin Luther King Day will take place in the US January 16-17, 2017. Due to this the trading schedule will change.
XAUUSD, XAGUSD, XPTUSD, XPDUSD trading will be closed at 17:30 GMT January 16 and will resume after 23:00 GMT according to the schedule. The LCO, HOF, HGC, GCF, SIF, CLF, SPX, DJI, NSQ and TNB instruments will be traded the same way.
DLI will be closed for trading at 17:30 GMT; trading will resume at 01:00 GMT January, 17.
American shares will not be available January 16-17.
All other instruments will be traded as usual.
Please note, that the company reserves the right to switch certain instruments to the “close only” mode in case of insufficient liquidity. Trading may be disabled as well. Due to low liquidity spreads may exceed typical values.
Dec 29, 2016
Alfa-Forex wishes you a happy New Year!
Dear clients, Alfa-Forex wishes you happy holidays! The New Year is coming and many people look back to the past 12 months, remember their high points, feeling happy or sad. Speaking traders’ vocabulary, the year 2016 was an uptrend year for some people: everything planned was a success, investments and deals produced profit, while global financial events played into their hands. Other people did their best to catch and tame the trend, spoiling money and working to death. Finally, the rest lived in a sideways trend with nothing important to remember. Yet, no matter what your personal chart looked like this year, we wish you remain calm in the most complex situations in the following 2017: that is the basic rule both for the real life and market trading. Let the New Year turn any situation into profit! Happy New Year!
Dec 29, 2016
Leverage to be changed
please note that starting December 30, 2016 the margin requirements will be changed. The changes will concern FOREX currency pairs, precious metals and USDRUR forward contracts. New requirements will be available on the Company website.
Dec 28, 2016
Alfa-Forex working hours to be changed on New Year holidays
please, note that Alfa-Forex working hours will be changed over the New Year holidays:
- December 30, 2016 UK Equities and FTS will be closed for trading at 12:30 GMT. ASX will be disabled at 03:00 GMT.
- January 2, 2017 all Forex instruments will be open for trading at 07:00 GMT. Other markets’ instruments will be disabled the whole day.
- January 2, 2017 XAUUSD, XAGUSD, XPTUSD, XPDUSD, SPX, NSQ, DJI, NIK, TBN, DLI, HOF, HGC, GCF, SIF and CLF trading will open after 21:00 GMT according to the schedule. Equities RU will be available after 23:00 GMT.
- Document verification and withdrawal processing will be carried out only January 4, 2017 in a restricted mode.
- Due to low market liquidity spread may be increased.
Technical, dealing and client support services will work as usual over the holidays. We express our sincere apologies for the inconvenience and wish you a happy New Year.
Dec 21, 2016
Alfa-Forex working hours to be changed on Christmas
Dear clients, December 23, on Christmas, trading will be carried out as usual. December 26 trading will be closed, excluding the USDRUR currency pair and Russian shares CFDs.
Please, note that the USD withdrawal requests, received December 26, will be executed only if the transfer is directed to Alfa-Bank. The EUR and RUR withdrawal requests will be processed as usual.
Technical, dealing and client support working hours will remain unchanged.
Dec 16, 2016
Alfa-Forex Personal area technical maintenance on December, 17
On December, 17 the Personal area will undergo technical maintenance aimed at improving services quality and sustainability. The personal area will be unavailable from 07:00 GMT to 15:00 GMT. The invest account requests that were not executed during this period of time will be executed at the relevant share price December 19 in the afternoon.
Sorry for the inconvenience.