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schlaepfi
1-2 years

Can you tell me if Alfa Capital allows the use of Expert Advisors (EAs) for automated trading on their platforms?

Broker Issues
Alfa Capital
Platform
Instruments
Account
Leverage
08-21
United States
WikiFX
Reply

Speaking as someone who takes regulatory standing and transparency seriously, I must stress that my first step with any broker is to investigate their licenses and operational integrity. In Alfa Capital’s case, I immediately noticed several red flags. Both its CySEC and FCA licenses have been revoked, which means it presently operates without valid regulatory oversight. This places clients at a distinct disadvantage should any disputes arise. When it comes to platform features such as Expert Advisor (EA) compatibility—essential for automated trading strategies like mine—the broker gives no accessible or verifiable information about their trading platform or EA support. I combed through the details available and found no confirmation of which trading software is offered, let alone whether EAs can be used. This lack of clarity is especially concerning because reliable brokers tend to highlight such capabilities, knowing that automated trading is a priority for many experienced traders. Given Alfa Capital’s revoked licenses, high risk assessment, and the absence of clear disclosures on crucial platform features, I personally would not proceed with them for automated trading or any other purpose. For me, protecting my capital and ensuring access to established, well-regulated platforms that openly support EA use is non-negotiable—anything less introduces unacceptable risk.

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