Accounts and eligibility
Sections ↑At a glance01
Opening an Alpha Finance account
| Item | Details |
|---|---|
| Branch process | The published process directs customers to an Alpha Bank branch to sign the investment contracts and required documents.Source 5 |
| Existing DSS account | Use an existing investor and securities account with the required authorisation; otherwise apply to create the relevant DSS records.Source 5 |
| ALPHATRADE access | Requires an Alpha Finance customer code, an Alpha Bank deposit account and active Alpha Bank eBanking.Source 5 |
At a glance02
Joint investor accounts
| Item | Details |
|---|---|
| Each participant | Every joint-account member needs a personal Alpha Finance customer code.Source 5Source 9 |
| Consent | All members sign the required joint investor-account creation and use-authorisation application.Source 5Source 9 |
| Protection | A joint account does not automatically multiply the compensation limit without applying the scheme’s ownership rules.Source 5Source 9 |
At a glance03
Margin financing
| Item | Details |
|---|---|
| Collateral | The agreed portfolio includes pledged eligible shares and the shares purchased with credit.Source 6 |
| Credit level | The stated facility can reach 60% of the risk-weighted total collateral portfolio, rather than 60% of every security’s unadjusted market value.Source 6 |
| Interest | Charged daily on utilised credit at the applicable rate; the service page does not establish one universal current borrowing percentage.Source 6 |
| Risk | Borrowing magnifies gains and losses and remains subject to the credit agreement and collateral requirements.Source 6 |
Products and markets
Sections ↑At a glance04
Three service routes
| Item | Details |
|---|---|
| Domestic ALPHATRADE | Greek securities dealing through web, mobile, phone and automated voice-response channels.Source 3Source 4Source 1 |
| Conventional international dealing | Foreign securities have their own broker and settlement schedules in the tariff.Source 3Source 4Source 1 |
| Alpha Global Trading | A separate international platform service with its own stock, ETF, option, futures, FX and account charges.Source 3Source 4Source 1 |
At a glance05
Bonds and derivatives
| Item | Details |
|---|---|
| Bonds | Listed and non-listed bonds have different price grids, including maturity-based rates.Source 1 |
| Domestic derivatives | The tariff separates standard dealing from ZTradePlus prices for the named contracts.Source 1 |
| Permission | A published fee is not a universal entitlement to every derivative or foreign-exchange instrument; the relevant service agreement and trading permissions govern availability.Source 1 |
Trading and account costs
Sections ↑The current commission booklet is V59 dated 26 October 2026. Domestic, conventional international and Alpha Global Trading figures belong to different service sections; they should not be combined into a single universal account price.[1]
At a glance06
Domestic web, mobile and IVR orders
At a glance07
Domestic assisted orders
| Item | Details |
|---|---|
| Up to €150 | 10%.Source 1 |
| €150.01–€6,000 | The stated next band is 1.00%; assisted orders above €150 have a €15 minimum.Source 1 |
| €6,000–€15,000 and €15,000–€45,000 | The successive graduated bands are 0.65% and 0.50%.Source 1 |
| Above €45,000 | The tariff switches to a flat 0.40% on the transaction value, rather than continuing the lower-size graduated calculation.Source 1 |
At a glance08
Matched domestic intraday dealing
| Item | Details |
|---|---|
| Matched quantity | The reduction concerns the same security and matched buy/sell quantity within the day.Source 1 |
| Rate | 0.15% on each leg.Source 1 |
| Minima | €8 for the stated digital/IVR route and €15 for assisted dealing.Source 1 |
| Unmatched quantity | The remaining unmatched part follows its applicable standard commission.Source 1 |
At a glance09
Domestic settlement and market costs
| Item | Details |
|---|---|
| Clearing | 0.02%.Source 1 |
| Alpha settlement | 0.04%.Source 1 |
| Exchange and notification | 0.0125% plus €0.50 per security under the stated equity schedule.Source 1 |
| Worked buy example | For a €100,000 digital equity purchase, €350 brokerage + €60 clearing/settlement + €12.50 exchange + €0.50 notification totals €423 before any other applicable costs.Source 1 |
At a glance10
Listed bond commission by remaining maturity
At a glance11
Non-listed bonds: price includes the commission
| Item | Details |
|---|---|
| Government bonds | 0.15%, 0.25%, 0.40% and 0.55% across the four stated maturity bands.Source 1 |
| Corporate bonds | 0.25%, 0.40%, 0.55% and 0.70% across those bands.Source 1 |
| Quotation | The tariff says these commissions are incorporated in the quoted final price; adding them again would double-count the stated component.Source 1 |
At a glance12
Conventional international shares
| Item | Details |
|---|---|
| Selected major markets | The ordinary foreign-share schedule lists 0.55%, minimum €20, for the named US, UK, French, German, Dutch, Belgian and Swiss routes.Source 1 |
| Other markets | A separate 0.70% schedule and the relevant local conditions apply.Source 1 |
| Clearing examples | The listed US and UK routes add €12, Germany €15 and France €16; other exchange, tax or custody charges can also apply.Source 1 |
At a glance13
Domestic keeping charges
| Item | Details |
|---|---|
| ATHEX stocks | 0.0060% of value annually.Source 1 |
| Other specified ATHEX securities | 0.0015% annually; the stated percentage fees are waived below €15,000 portfolio value.Source 1 |
| Additional annual amount | €3 for an investor share with average daily value above €15,000.Source 1 |
| Other markets | Cyprus and international holdings have separate percentage entries; confirm the applicable calculation period and complete custody quote.Source 1 |
At a glance14
Quarterly minimum and custody charge
| Item | Details |
|---|---|
| Minimum account keeping | €7 per quarter, reduced to €3.50 with electronic communication.Source 1 |
| Separate custody service | €3 per quarter, reduced to €1.75 with electronic communication, including VAT as stated.Source 1 |
| Collection | Both charges are collected at quarter-end.Source 1 |
| Minimum combination | The two stated minima total €10 with paper communication or €5.25 electronically, before any higher applicable value-based charge or other service fee.Source 1 |
At a glance15
Separate omnibus-account charges
| Item | Details |
|---|---|
| Alpha Finance omnibus administration | €500 plus VAT per year for the Clients Securities Account item.Source 1 |
| ATHEX omnibus account | €1,500 per securities account per year, stated as not subject to VAT.Source 1 |
| Account scope | These are omnibus-account items, separate from the ordinary individual-account quarterly charges.Source 1 |
At a glance16
Transfers and account administration
| Item | Details |
|---|---|
| DSS creation | €10, without VAT under the stated item.Source 1 |
| Operator transfer | €10 per instruction/security, capped at €50 under the specified rule.Source 1 |
| Joint/individual account transfer | €20 per side, instruction and security; the international item is €10 plus VAT per side.Source 1 |
| Historic documents | €10 plus €0.50 per page after the first, plus VAT, for the specified record service.Source 1 |
At a glance17
ATHEX OTC transfers
| Item | Details |
|---|---|
| Free of payment | 0.0325%, minimum €20 per instruction and security.Source 1 |
| Delivery against payment | An additional €1 applies, with a €21 minimum.Source 1 |
| Valuation | The reported or closing valuation rule in the tariff determines the charge base; the payment route changes the total.Source 1 |
At a glance18
US low-price OTC holdings
| Item | Details |
|---|---|
| Eligibility restrictions | The tariff restricts purchases and incoming transfers of the described US OTC securities below US$5, while setting conditions for sales and outgoing DTCC transfers.Source 1 |
| Holding charge | €25 plus 24% VAT per month, regardless of portfolio value, for the stated category.Source 1 |
| Scope | This special holding fee is not the standard charge on all US-listed shares.Source 1 |
At a glance19
Domestic derivatives examples
| Item | Details |
|---|---|
| FTSE futures | The tariff lists €11.80 per contract on the standard route and €9 on ZTradePlus.Source 1 |
| FTSE options | €6.70 standard or €3.70 on ZTradePlus.Source 1 |
| Stock options on ZTradePlus | €3.50 per contract.Source 1 |
| Extras | Exchange and clearing charges and the precise contract/channel conditions remain additional.Source 1 |
At a glance20
Alpha Global Trading share commissions
| Item | Details |
|---|---|
| United States | US$0.005 per share plus 0.10% of transaction value, minimum US$1; the stated maximum is 0.60%.Source 1 |
| Major euro markets | 0.15%, minimum €4 for the named routes.Source 1 |
| United Kingdom | 0.10%, minimum £6 for the stated sterling route.Source 1 |
| Additional exchange charge | The tariff also states €4 per exchange and possible exchange-specific amendment or other fees. Obtain the full order-cost quote rather than assuming the table minimum is all-in.Source 1 |
At a glance21
Alpha Global Trading recurring and service costs
| Item | Details |
|---|---|
| Monthly minimum charge | US$10; US$20 if the account balance is below US$2,000.Source 1 |
| Telephone instruction | Additional €30 per executed order.Source 1 |
| Market data and research | Priced according to the service’s Account Management schedule.Source 1 |
| Meaning of the minimum | The booklet calls this a monthly minimum charge, not an inactivity fee; it does not establish a universal commission-offset formula.Source 1 |
At a glance22
Alpha Global Trading FX commission
| Item | Details |
|---|---|
| Percentage | 0.032% of transaction value.Source 1 |
| Selected minima | US$8, €6 or £5, with other currencies having their own minima.Source 1 |
| Currency rule | The minimum is based on the quote currency, expressed in the reference currency; the booklet illustrates this with EUR/GBP.Source 1 |
| Size range | The stated USD range is 25,000–5,000,000 and EUR range 20,000–4,000,000. Below-minimum amounts may execute outside the bid–ask spread.Source 1 |
Platforms, orders and execution
Sections ↑At a glance23
ALPHATRADE channels
At a glance24
Alpha Global Trading platforms
| Item | Details |
|---|---|
| Client Portal | Browser access to the global account and portfolio.Source 4Source 3Source 1 |
| TWS | The downloadable global trading platform.Source 4Source 3Source 1 |
| Alpha Mobile Trading | Mobile access to the global service’s available functions.Source 4Source 3Source 1 |
| Separate service | Do not apply domestic ALPHATRADE order funding or fee rules automatically to the global platform account.Source 4Source 3Source 1 |
At a glance25
Order handling and execution
| Item | Details |
|---|---|
| Priority | Comparable customer orders are generally handled sequentially and promptly under the execution policy.Source 7 |
| Customer instructions | A specific instruction on venue or execution limits the firm’s best-execution process for that aspect of the order.Source 7 |
| Execution factors | For retail clients, total consideration is central; price, costs, speed and likelihood of execution/settlement are relevant.Source 7 |
| Routing | Third-party brokers or routing arrangements can be used; policy compliance is not a guarantee of a fill at a chosen price.Source 7 |
Cash, currencies and transfers
Sections ↑At a glance26
Domestic purchases and available cash
| Item | Details |
|---|---|
| Linked Alpha Bank balance | The order must be covered by the remaining bank-account funds, adjusted for outstanding unsettled purchases and sales.Source 3 |
| Automatic transfers | The required credits and debits between the linked bank account and domestic service are processed automatically without the stated extra transfer charge.Source 3 |
| Sale quantity | A sell instruction cannot exceed the available securities quantity after allowing for relevant unsettled transactions.Source 3 |
At a glance27
Alpha Global Trading withdrawals
| Item | Details |
|---|---|
| US-dollar transfer | Additional US$10.Source 1 |
| Euro transfer | Additional €8.Source 1 |
| Correspondent costs | Further correspondent-bank charges are passed to the customer.Source 1 |
| Portfolio transfer | The Global section directs customers to contact the firm for a portfolio-transfer quote.Source 1 |
At a glance28
Settlement and currency planning
| Item | Details |
|---|---|
| Domestic bank linkage | The domestic service automatically settles through the linked bank account under its available-balance rules.Source 3Source 1 |
| Global FX | The global service separately prices currency transactions and sets currency-specific order sizes.Source 3Source 1 |
| Cash availability | An order fill, currency conversion and final withdrawable cash balance are different stages; the applicable account terms determine availability.Source 3Source 1 |
Legal entity and investor protection
Sections ↑At a glance29
Investor-compensation scope
| Item | Details |
|---|---|
| Covered failure | The scheme concerns eligible investment-service claims where a member cannot return covered money or financial instruments.Source 9Source 10Source 2 |
| Limit | Up to €30,000 per eligible investor and member, aggregated across covered accounts, currencies and services.Source 9Source 10Source 2 |
| Exclusions from the promise | The limit is not a guarantee against market losses or every service complaint.Source 9Source 10Source 2 |
At a glance30
Bank group and broker are different counterparties
| Item | Details |
|---|---|
| Broker membership | The investment firm is listed among the Greek Guarantee Fund’s participating members.Source 9Source 10 |
| Bank deposits | A parent bank’s deposit-protection limit must not be substituted for the investment firm’s compensation scheme.Source 9Source 10 |
| Joint interests | The scheme’s allocation of a joint holding follows the documented shares, or equal shares where no different allocation is established.Source 9Source 10 |
At a glance31
Published legal identity
| Item | Details |
|---|---|
| Investment firm | Alpha Finance Investment Services Single Member S.A.Source 2Source 5 |
| Authorisation identified by the company | HCMC licence 42/13.04.1989.Source 2Source 5 |
| Registry and office | G.E.MI. 1176701000; 45 Panepistimiou Street, 10564 Athens.Source 2Source 5 |
| Bank relationship | The Alpha Bank deposit account and the Alpha Finance investment account have distinct legal and protection roles.Source 2Source 5 |
Support and complaints
Sections ↑At a glance32
Domestic service assistance
At a glance33
International and global support
| Item | Details |
|---|---|
| International Markets Division | +30 210 367 7460.Source 4Source 1 |
| Hours | Monday–Friday 09:00–23:00 for the global-service enquiry route.Source 4Source 1 |
| [email protected].Source 4Source 1 | |
| Urgent dealing | A phone order can attract the additional €30 Global fee; confirm the existing order’s status before placing a replacement.Source 4Source 1 |
Research, reporting and additional services
Sections ↑At a glance34
Records and communication
| Item | Details |
|---|---|
| Custody services | The tariff describes safekeeping, transaction settlement, corporate actions, dividend collection and investment-account statements.Source 1 |
| Confirmations | Trade confirmations and account information can be supplied by the agreed communication method.Source 1 |
| Electronic choice | Electronic delivery changes the quarterly keeping minimum and separate custody charge; it is a price condition, not merely a display preference.Source 1 |
At a glance35
Research and platform resources
| Item | Details |
|---|---|
| Domestic information | ALPHATRADE describes real-time economic news and investment information.Source 3Source 4Source 1 |
| Global resources | The global page provides Account Management, product/security search, webinars and a TWS guide.Source 3Source 4Source 1 |
| Paid entitlements | Some Global market-data/research subscriptions carry separate charges.Source 3Source 4Source 1 |
Company and account provider
Sections ↑At a glance36
Group developments and account identity
| Item | Details |
|---|---|
| AXIA announcement | Alpha Bank announced completion of its AXIA acquisition on 16 December 2025 and described a planned combination with Alpha Finance and its investment-banking operations.Source 8Source 1 |
| Current tariff provider | The 26 October 2026 tariff still names Alpha Finance Investment Services Single Member S.A.Source 8Source 1 |
| Customer implication | An announced group combination does not itself establish a completed change of retail counterparty; the signed agreement and formal migration notice govern that question.Source 8Source 1 |
- Headquarters
- Greece
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Alpha Finance Investment Services Single Member S.A.
No separate licence entry is recorded in this panel.
Practical account considerations
Sections ↑At a glance37
Tax and fee-document limitations
| Item | Details |
|---|---|
| Domestic sale tax | The domestic equity schedule lists a 0.10% sales tax and expressly exempts the specified shipping-company shares listed on Euronext Athens. Apply the rule to the actual security and transaction.Source 1 |
| Inconsistent foreign tax footnote | The booklet’s Global section retains an older French 0.30% example while its conventional-market section states 0.40%. The older figure should not be used as a current universal tax quote.Source 1 |
| Complete quote | Confirm the venue, security, investor tax status and settlement route before calculating an all-in foreign trade.Source 1 |
At a glance38
Which recurring charge belongs to which account
| Item | Details |
|---|---|
| Domestic custody | Quarterly keeping and custody charges, with electronic-delivery reductions.Source 1 |
| Low-price US OTC holdings | The special €25 plus VAT monthly charge applies to the defined category.Source 1 |
| Alpha Global Trading | The US$10/US$20 monthly minimum is a separate service-specific rule.Source 1 |
Sources & further reading
- Alpha Finance — commissions and fees V59, 26 October 2026 Alpha Finance · Accessed 29 Oct 2026
- Alpha Finance — company, current office and published authorisation Alpha Finance · Accessed 27 Oct 2026
- Alpha Finance — ALPHATRADE channels and bank-linked settlement Alpha Finance · Accessed 27 Oct 2026
- Alpha Finance — Alpha Global Trading platforms and international support Alpha Finance · Accessed 27 Oct 2026
- Alpha Finance — individual and joint account opening requirements Alpha Finance · Accessed 27 Oct 2026
- Alpha Finance — margin financing and weighted collateral Alpha Finance · Accessed 27 Oct 2026
- Alpha Finance — order execution and order-handling policy Alpha Finance · Accessed 27 Oct 2026
- Alpha Bank — AXIA acquisition and planned investment-banking combination, 16 December 2025 Alpha Bank · Accessed 27 Oct 2026
- Greek Guarantee Fund — investor-compensation scope and maximum Guarantee Fund for Investment Services · Accessed 29 Oct 2026
- Greek Guarantee Fund — participating investment firms Guarantee Fund for Investment Services · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.