Alfa Financials
Bridges Financial Services
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Overview
Alfa Financials was founded in 1987 and is headquartered in UAE, while Bridges Financial Services was established in 2014 and is based in Australia. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Bridges Financial Services is regulated by ABN 60 003 474 977 among others. Alfa Financials serves 10,000+ clients worldwide; Bridges Financial Services has 10,000+. The minimum deposit is $500 at Alfa Financials and $100 at Bridges Financial Services.
| Feature | Alfa Financials | Bridges Financial Services |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Financial Conduct Authority (FCA) | ABN 60 003 474 977, AFSL No. 240837 |
| Founded | 1987 | 2014 |
| Country | UAE | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alfa Financials and Bridges Financial Services, directly affecting your bottom line as a trader. Bridges Financial Services has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Alfa Financials). Bridges Financial Services charges withdrawal fees while Alfa Financials does not, giving Alfa Financials an edge for frequent withdrawers. Alfa Financials applies inactivity fees on dormant accounts; Bridges Financial Services does not. Bridges Financial Services charges deposit fees; Alfa Financials does not. Overall, Bridges Financial Services scores higher on fees in our assessment.
| Feature | Alfa Financials | Bridges Financial Services |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Alfa Financials offers MT4, MT5, cTrader, while Bridges Financial Services supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bridges Financial Services supports social and copy trading features, which Alfa Financials does not offer. The two brokers are closely matched on platform offering.
| Feature | Alfa Financials | Bridges Financial Services |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa Trader | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and Bridges Financial Services 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.
| Feature | Alfa Financials | Bridges Financial Services |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 Bridges Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alfa Financials | Bridges Financial Services |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Bridges Financial Services 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.
| Feature | Alfa Financials | Bridges Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |