B

afx group

7.9/10

Alpha Capital Markets

6.1/10
10/10WinnerRegulation3/10
1/10FeesWinner10/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

afx group was founded in 2013 and is headquartered in Geneva, while Alpha Capital Markets was established in 1999 and is based in UK. afx group holds licences including Financial Conduct Authority (FCA), while Alpha Capital Markets is regulated by Unregulated among others. afx group serves 14,000,000+ clients worldwide; Alpha Capital Markets has 10,000+. The minimum deposit is $250 at afx group and $0 at Alpha Capital Markets.

afx group wins this category
Featureafx groupAlpha Capital Markets
Min. Deposit$250$0
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220Unregulated
Founded20131999
CountryGenevaUK
Clients14,000,000+10,000+

Fees

Fees are a critical factor when choosing between afx group and Alpha Capital Markets, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $250 at afx group). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; afx group does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
Featureafx groupAlpha Capital Markets
Min. Deposit$250$0
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesYesNo

Platforms

afx group offers MT4, MT5, cTrader, while Alpha Capital Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which afx group does not offer. The two brokers are closely matched on platform offering.

Tied
Featureafx groupAlpha Capital Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMetatrader 4 - desktop, iOS and Android versions available.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how afx group and Alpha Capital Markets compare. afx group runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. afx group publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. afx group maintains an archive of past webinars for on-demand viewing. afx group scores higher overall in education and research.

afx group wins this category
Featureafx groupAlpha Capital Markets
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Alpha Capital Markets supports 2 (bank transfer, credit/debit card). afx group uniquely supports PayPal and Skrill and Neteller among the two brokers. afx group scores higher on deposit and withdrawal flexibility.

afx group wins this category
Featureafx groupAlpha Capital Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and Alpha Capital Markets offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and Alpha Capital Markets supports 2, giving afx group broader global reach. Both brokers are comparable on support quality.

Tied
Featureafx groupAlpha Capital Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese