Admiral Markets
Alfa Forex
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Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while Alfa Forex was established in 2011 and is based in Cyprus. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while Alfa Forex is regulated by Securities and Exchange Commission (SEC) among others. Admiral Markets serves 10,000+ clients worldwide; Alfa Forex has 10,000+. The minimum deposit is $200 at Admiral Markets and $0 at Alfa Forex.
| Feature | Admiral Markets | Alfa Forex |
|---|---|---|
| Min. Deposit | $200 | $0 |
| Regulation | Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026 | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2001 | 2011 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and Alfa Forex, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Admiral Markets). Alfa Forex charges withdrawal fees while Admiral Markets does not, giving Admiral Markets an edge for frequent withdrawers. Alfa Forex applies inactivity fees on dormant accounts; Admiral Markets does not. Admiral Markets charges deposit fees; Alfa Forex does not. Overall, Alfa Forex scores higher on fees in our assessment.
| Feature | Admiral Markets | Alfa Forex |
|---|---|---|
| Min. Deposit | $200 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while Alfa Forex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | Alfa Forex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and Alfa Forex compare. Admiral Markets runs regular live webinars; Alfa Forex does not. Both provide video tutorials. Admiral Markets publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. Admiral Markets maintains an archive of past webinars for on-demand viewing. Admiral Markets scores higher overall in education and research.
| Feature | Admiral Markets | Alfa Forex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Alfa Forex supports 2 (bank transfer, credit/debit card). Admiral Markets uniquely supports Skrill and Neteller among the two brokers. Admiral Markets scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | Alfa Forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Admiral Markets and Alfa Forex offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and Alfa Forex supports 2, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | Alfa Forex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, and Chinese |