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Alfa-Forex has been in the forex industry since The broker is a part of Alfa Group, a Russian consortium with businesses in banking, insurance, investment, a waterworks company and supermarket chains. The goal of this Alfa-Forex review is to inform you of their advantages and disadvantages, so you can make a clear choice whether you wish to trade with them. Traders also can trade demo to get used to the platform and test how everything works, which is a useful asset for beginner traders. The offers with alfa forex broker deposit of the platforms are:. The minimum lot size is 0. The offered minimum lot size is 0.

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Although the OakFX website previously gave a phone number which connected through to Phoenix Forex, it now only provides details for an Indian office. One of Phoenix Forex's shareholders, Auckland investment commentator David McEwen, said in an email that all questions should be directed to Twidgen, who is presently travelling overseas. The Herald revealed today that twice-bankrupted businessman Mark Brewer is also involved with Phoenix Forex.

Far more it seems than most of the 'main stream' financial markets have done in the last five years. Talanoa, Voices of the Pacific Te Rito.

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The OakFX algorithmic trading software was being distributed exclusively in New Zealand by Auckland-based Phoenix Forex, which had previously advertised returns for users of between 50 to 65 per cent. Phoenix Forex's sole director and majority shareholder, year-old Kendall Twigden, told the Herald she does not accept the allegations. However, the trading system is no longer being sold in New Zealand due to the country's "regulatory environment".

OakFX said those who had already bought a license for the platform would be supported from Singapore or Australia. Although the OakFX website previously gave a phone number which connected through to Phoenix Forex, it now only provides details for an Indian office.