Score
Gibraltar
|
2-5 years
| https://www.alvarfinancial.com/
Website
Rating Index
MT4/5 Identification
Full License
United Kingdom
LicensesNo valid regulatory information, please be aware of the risk!
Gibraltar
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
alvarfinancial.com Austria
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| Alvar Financial Services Limited Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Gibraltar |
| Regulation | Unregulated |
| Market Instruments | CFDs on Shares, Indices, Forex, Commodities |
| Demo Account | ❌ |
| Leverage | / |
| EUR/USD Spread | / |
| Trading Platform | MT4, MT5, Proprietary platform |
| Min Deposit | / |
| Customer Support | Email: info@alvarfinancial.com |
| Physical address: 851 Europort, Gibraltar GX11 1AA10 Lower Thames Street London EC3R 6EN | |
| Regional Restriction | European Union |
Alvar Financial Services Limited is purportedly a financial company established in 2022 and registered in Gibraltar. Its website is relatively simple and lacks substantial information, but it seems to offer trading options through another website, including CFDs on Shares, Indices, Forex, and Commodities. It is important to note that this broker lacks legal regulation.
| Pros | Cons |
| Multiple trading choices | European Union clients are not allowed |
| MT4 and MT5 trading platform | No regulation |
| Popular payment options | Scantly informative website |
| Suspicious trading conditions | |
| Only email support |
Alvar Financial Services Limitedclaims to be under limited regulation by the Financial Conduct Authority (FCA) of the United Kingdom with a registration number of 597312. However, in reality, there is no relevant information available on the FCA's website, indicating that this regulatory statement is fabricated.
Alvar Financial Services Limited advertises that it offers three classes of services: High Net Worth, Prime Services, and Online Retail Trading. Our focus is solely on Online Retail Trading.
However, upon clicking the “Online Retail Trading” button, we are redirected to another website called Intertrader. There is no explanation on Alvar Financial Services Limited's website regarding the relationship between the two companies.
Regarding the market instruments offered on Intertrader's website, which mainly include CFDs on Shares, Indices, Forex, and Commodities, we are uncertain whether these products are actually provided by Alvar Financial Services Limited. Therefore, you are advised to remain vigilant.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
The trading platforms available are the world-leading MetaTrader4, MetaTrader5, as well as the Intertrader web platform and Intertrader mobile app. It's worth noting that these platforms are actually provided by Intertrader, not by Alvar Financial Services Limited. The trading status of this company is indeed quite confusing. However, given that it is unregulated, there's no need to waste time trying to figure it all out.
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Web, Mobile | / |
| MT4 | ✔ | Web | Beginners |
| MT5 | ✔ | Web | Experienced traders |
The deposit and withdrawal information is also provided by Intertrader, which supports a variety of payment methods, including VISA, Mastercard, Maestro, Skrill, Neteller, and Pay Retailers.
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