B

Alfa Financials

6.4/10

Alpha Capital Markets

6.1/10
7/10WinnerRegulation3/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while Alpha Capital Markets was established in 1999 and is based in UK. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Alpha Capital Markets is regulated by Unregulated among others. Alfa Financials serves 10,000+ clients worldwide; Alpha Capital Markets has 10,000+. The minimum deposit is $500 at Alfa Financials and $0 at Alpha Capital Markets.

Alfa Financials wins this category
FeatureAlfa FinancialsAlpha Capital Markets
Min. Deposit$500$0
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded19871999
CountryUAEUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials 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 $500 at Alfa Financials). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlfa FinancialsAlpha Capital Markets
Min. Deposit$500$0
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Alfa Financials 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 Alfa Financials does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAlfa FinancialsAlpha Capital Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderMetatrader 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 Alfa Financials and Alpha Capital Markets compare. Alfa Financials runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. Alfa Financials publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. Alfa Financials maintains an archive of past webinars for on-demand viewing. Alfa Financials scores higher overall in education and research.

Alfa Financials wins this category
FeatureAlfa FinancialsAlpha Capital Markets
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alfa Financials accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Alpha Capital Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsAlpha Capital Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Alfa Financials and Alpha Capital Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureAlfa FinancialsAlpha Capital Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese