AlphaLive Review

General Information

AlphaLive is another cryptocurrency trading platform that lately came under our radar, mainly because its main goal is to allow any person sitting at home or in the office to trade cryptocurrencies. Providing 100% support needed for beginners, the brand is currently relying on a professional team of representatives, with vast aggregated experience in the financial markets.

Trading crypto with AlphaLive comes with multiple benefits, including access to an innovative trading platform, strong security features, fast order execution, and a customer-oriented approach. This provider targets traders who would like to focus on the cryptocurrency market and gain exposure to a diversified basket of high-potential altcoins, on top of Bitcoin.

It was set up to optimize your trading speed and efficiency with an industry-leading trading platform, enabling you to trade on any device. The benefits offered by AlphaLive are diverse, which is why we would like to dig deeper into its ecosystem and see if this is another ideal place to trade crypto.

Services and Cryptocurrencies Supported

AlphaLive is specialized in providing cryptocurrency trading services and that means its customers have access to a wide range of instruments, being able to go long or short without any limitations. Among the cryptocurrencies covered traders need to consider that the brand covers Bitcoin, Ether, Litecoin, Monero, XRP, Tether, Tron, ZCash, Tezos, and tens of other altcoins that are popular and are trending among retail traders.

According to the AlphaLive Order Execution Policy, traders can take advantage of multiple order types and have access to an execution policy in line with international best practice principles on the best execution of trades that applies to AlphaLive. Also, the brand is committed to reviewing its execution quality annually or each time a material change occurs that affects AlphaLive’s ability to provide effective execution.

Integrating some of the latest trading technologies, the AlphaLive WebTrader would be the main software traders will rely on. Accessible via browser, it is suited for any type of strategy and has a great degree of flexibility. It is also important to mention the Android app, which has a similar structure and runs very smoothly.

Payment Methods and Fees

For both deposits and withdrawals, AlphaLive traders can use cryptocurrency payments, credit/debit cards, and wire transfers. Via these methods, clients will start trading right after opening the account, without having to wait for days in a row.

However, for withdrawals, there is a special policy in place, requiring all customers to get verified. That can be ensured by submitting several identification documents, as is stated on the brand’s website. Regarding the minimum withdrawal amounts, the AlphaLive website mentions 100 USD/EUR/GBP for credit/debit cards and 250 USD/EUR/GBP for wire transfers. Traders should allow 10-14 business days for the withdrawal to reach their bank account.

In terms of trading costs, AlphaLive charges spreads and overnight swaps. We did not find any information about commissions or other fees.

Customer Support

The AlphaLive team has combined experience in the financial, technological, and crypto sectors of the market. Their expertise is at the customer’s disposal 24/7. Contacting a representative is very convenient, given there is a live chat feature available on the website. On top of that, you can use the official email support address. For any technical difficulty or trading-related question, AlphaLive is committed to offering the best-suited support.

Geographical Restrictions

It is important to note AlphaLive is a global brand, but that does not mean residents in all jurisdictions can open a trading account. Each customer will need to make sure that local regulation is not contrary to the trading services offered by AlphaLive. Also, someone living in a restricted jurisdiction won’t be able to get past the first steps in opening an account. Countries like the USA, Canada, or Japan, are among those that can’t trade via AlphaLive.

Summary

The services offered by AlphaLive come at the right time, considering the increased interest in cryptocurrency-related products. Retail traders from all around the world are joining the crypto industry and brands like AlphaLive can take advantage of this trend. Based on our analysis, it terms out this is a company wanting to respect the customers’ needs and make sure that they can trade with up-to-date features.

Some of its most important strengths are the platform, customer service, crypto coverage, and security features. As long as these factors are optimal, cryptocurrency trading can be conducted without any vulnerabilities. AlphaLive remains committed to ensure optimal trading conditions for all its customers, regardless of initial deposit or country of residence.