B

Alfa Financials

6.4/10

Bailieu

6.3/10
7/10RegulationTied7/10
0/10FeesWinner1/10
9/10WinnerPlatforms7/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while Bailieu was established in 2012 and is based in Australia. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Bailieu is regulated by Australian Securities and Investment Commission (ASIC) among others. Alfa Financials serves 10,000+ clients worldwide; Bailieu has 10,000+. The minimum deposit is $500 at Alfa Financials and $10000 at Bailieu.

Alfa Financials wins this category
FeatureAlfa FinancialsBailieu
Min. Deposit$500$10000
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)
Founded19872012
CountryUAEAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and Bailieu, directly affecting your bottom line as a trader. Bailieu has a lower barrier to entry with a minimum deposit of $10000 (vs $500 at Alfa Financials). Neither broker charges withdrawal fees. Alfa Financials applies inactivity fees on dormant accounts; Bailieu does not. Overall, Bailieu scores higher on fees in our assessment.

Bailieu wins this category
FeatureAlfa FinancialsBailieu
Min. Deposit$500$10000
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Alfa Financials offers MT4, MT5, cTrader, while Bailieu supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alfa Financials edges ahead on platform breadth and functionality in our scoring.

Alfa Financials wins this category
FeatureAlfa FinancialsBailieu
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderAndroid Apps,iPhone/iPad,Desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and Bailieu compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureAlfa FinancialsBailieu
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 Bailieu supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsBailieu
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 Bailieu 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 FinancialsBailieu
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese