Alior Trader Broker Review 2025

Alior Trader offers access to Forex, CFDs, Futures, and Options with leverage options of up to 1:30. The broker provides free trading accounts in PLN, USD, and EUR currencies.

It offers a 7.3% annual interest to clients who make a minimum deposit of PLN 4,000 on investment funds.

Alior Trader; An Introduction to the Broker and Its Regulatory Status

Alior Bank SA Brokerage House is an organizationally separate unit within the structures of Alior Bank SA, operating under the brand name Alior Trader.

Alior Bank SA, established in 2008, is a universal bank based in Poland. Since 2015, it has operated as a subsidiary of the insurance company PZU SA.

As of the end of 2019, Alior Bank ranked among Poland's ten largest banking groups, employing over 8,143 people.

The bank offers trading services on global markets through Alior Trader with the following key features:

• Licensed by the Polish Financial Supervision Authority (KNF)
• Protection under the Poland Bank Guarantee Fund (BFG) scheme
• Low or negative spreads
• 24/5 support
• Over 4.5 million customers (Alior Bank user base)

Alior Trader Table of Specifications

The Forex broker was ranked 2^nd in the Best Brokerage Accounts 2024 list by Puls Biznesu magazine. Here's a comprehensive table of Alior Trader specifications:

Alior Trader Account Types

In this Alior Trader review, we must mention that the broker provides a demo account with virtual funds of PLN 100,000 and access to real prices for a period of 30 days. It also offers a Real account with the following characteristics:

• Minimum Deposit: $0
• Base Currency: PLN, USD, EUR
• Account Opening Fee: $0
• Maximum Leverage: Up to 30
• Account Model: ECN

The broker imposes no restrictions on trading strategies or position holding times, allowing full flexibility for scalping, day trading, and swing trading alike.

Alior Trader Broker Pros and Cons

The company offers low transaction fees and Stocks from 8 European and 2 American stock exchanges.

Let's break down the advantages and disadvantages of trading with Alior Trader:

Alior Trader Registration and Verification

To start and open an account with the Forex broker, there are 4 stages ahead of you that will be discussed in this part of the article.

#1 Sign Up with Alior Bank

First of all, you must have an account with Alior Bank to be able to trade with Alior Trader. Navigate to the bank's website and go through the registration procedure.

#2 Log In to the Banking Account

After signing up with Alior Bank, you can use the company’s online banking software. Log in to your online banking account, then navigate to “Forex” from the “Investments” menu through “Offers”.

#3 Application Approval

Finally, submit your application and wait for the broker's agents to get in touch with you for further instructions.

Alior Trader App and Platforms

The broker has recently upgraded its trading infrastructure with the launch of Alior 4 Trader. The platform offers access to advanced tools, detailed statistics, and a wide range of instruments.

Alior 4 Trader platforms provide a feature-rich trading experience, supporting direct chart-based execution and a wide variety of order types, including Market, Limit, Stop, Trailing Stop, and OCO (One-Cancels-the-Other) orders.

The platform integrates over 50 technical indicators, 6 chart indicator types, and 27 drawing tools, offering robust functionality for technical analysis and trade planning.

Note that Alior 4 Trader is designed strictly for manual trading and does not support automated strategies, Expert Advisors (EAs), or algorithmic trading tools.

• Alior 4 Trader Android
• Alior 4 Trader iOS

The application also comes in PC and Web versions.

Alior Trader Trading and Non-Trading Fees

The broker offers low or negative spreads. Trading commissions vary based on the instrument, including:

• Equities: 0.29% (minimum of PLN 3)
• Forex: PLN 2.25 per lot

The broker does not charge deposit, withdrawal, or inactivity fees. However, there is no option for a RAW spread or ECN-style account with institutional pricing — all clients trade under the same commission-based model.

Payment Methods

To deposit or withdraw funds from Alior Trader accounts, you can use the bank’s branches or wire transfers. Note that the broker implements no minimum deposit requirements.

While the low minimum deposit is attractive, the limited payment options are among the top disadvantages in this Alior Trader review.

Does Alior Trader Offer Investment or Growth Plans?

While the broker doesn’t offer copy trading services, it provides investment advice and features funds from 12 major financial groups, including:

• Alior TFI
• BlackRock
• Franklin Templeton
• Goldman Sachs Investment Fund
• Ipopema TFI
• Quercus TFI
• Allianz Polska TFI
• Fidelity International
• Generali Investments
• Investors TFI
• TFI PZU
• Schroders

Alior Trader Products

The broker offers access to over 70 CFDs on currency pairs, indices, and cryptocurrencies, in addition to global stock exchanges.

• Forex Market: Major, minor, and exotic currency pairs
• Stocks: Polish and international shares
• Indices: CFDs on Major global stock indices
• Commodities: Metals, energies, and agricultural products
• Bonds: Government and corporate bonds
• ETFs: Exchange-traded funds
• Derivatives: Futures market and Options based on shares, stock indices, and currencies

Alior Trader Promotional Offerings

The broker maintains a relatively conservative approach to promotional offerings. It features a Loyalty program dedicated to stock account holders, in partnership with multiple companies, including Unimot, Orlen, and PZU.

The company also offers special promotions on its investment funds, including:

• Alior TFI: 0 fees
• BlackRock: 25% off
• Ipopema TFI: 25% off
• Quercus TFI: 25% off

Alior Trader rewards clients’ deposits (minimum: PLN 4,000) on investment funds with an additional 7.3% annual interest rate. The promotion is available until June 30, 2025.

Support Channels

The broker provides 24/5 support through a hotline and a ticket system. However, the lack of a live chat feature is a serious letdown in this Alior Trader review.

• Hotline: +48 19 503
• Ticket: Through the official website

Note that support services are only provided in Polish, and response times via email have been reported as slow.

Alior Trader Geo-Restrictions

​Alior Trader, operated by Alior Bank SA, is a regulated trading platform under the supervision of the Polish Financial Supervision Authority (KNF). While it primarily serves clients in Poland and the European Economic Area (EEA), certain restrictions apply to specific regions, including:

• United States
• Iran
• North Korea
• Yemen
• Syria
• Specific regions in Ukraine (e.g., Donetsk, Luhansk, Kherson, Zaporozhye, and Crimea)

Note that the list of geo-restrictions may be subject to change. So, make sure to check your country's eligibility with the broker’s support team.

Client Satisfaction

While there are a few Alior Trader reviews on reputable platforms, the broker’s mother company, Alior Bank SA, has received numerous negative comments on Trustpilot.

There are 238 ratings on the Alior Bank SA Trustpilot profile, resulting in a bad score of 1.5 out of 5.

Educational Resources

While Alior Trader's educational offerings are not as extensive as some competitors, they do provide some resources for traders:

• Market analysis: Regular updates on market conditions
• Trading guides: Basic information on various trading instruments

For more comprehensive educational content, you can check TradingFinder’s Forex education section.

On the other hand, Alior Trader provides several analytical tools integrated into its proprietary platform and website. These include:

• A CFD rollover calendar displaying contract expiration and rollover schedules
• A full-featured economic calendar with macroeconomic event tracking
• Real-time Forex Market Data including currency quotes, price changes, and multi-year historical charts

Comparison of Alior Trader with Major Players in the Industry

The table below compares AT broker with several prominent competitors in a summary:

Conclusion and Final Words

Alior Trader provides access to Stocks from 8 European and 2 American stock exchanges and over 70 CFDs.

It has a low score of 1.5 out of 5 on Trustpilot. The broker doesn’t accept clients from the United States.