General information and regulations of Alaric Securities
Alaric Securities is an EU licensed and trusted premier broker-dealer established in Bulgaria less than a year ago.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Market instruments
Alaric Securities is dedicated to provide following services: brokerage services, electronic trading and risk management, routes and liquidity, funding information, etcetera. Their target clients are individuals and corporates.
Spreads and commissions for trading with Alaric Securities
Alaric Securities charges some commissions for certain instruments like stocks, ETFs and options, and it has a page that reveals clearly respective fees.
Account Types for Alaric Securities
According to its page, it has at least two types of accounts: individual account and corporate account. However, further details are not available.
Trading platforms offered by Alaric Securities
The trading platform of Alaric Securities called hammer is its own platform. However, it requires a cost of almost 30 dollars a month. This is not that common among financial companies, especially forex brokers.
Leverage offered by Alaric Securities
The highest leverage set buy Alaric Securities is quite conservative, around 1:30 or 1:40. Such a leverage can be a safety belt for forex traders from losing too much.
Deposit and withdrawal methods and fees
Alaric Securities is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.
Educational resources
A series of educational resources is available at Alaric Securities, such as market insights, articles, news, trading tips, white pappers.
Customer support of Alaric Securities
Below are the details about the customer service.
Language(s): English
Email: sales@alaricsecurities.com
Phone Number: +359 243 981 61
Social media: Facebook, LinkedIn, YouTube, twitter
Users exposures on WikiFX
We have not received any reports of fraudulent activity at this time.
Advantages and disadvantages of Alaric Securities
Advantages:
We havent find very outstanding advanges
Disadvantages:
No effective regulation
Few information available
No MT4/MT5
No copy trading
No demo account
Expensive platforms
Frequent asked questions about Alaric Securities
Is this broker well regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
