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Alfa Financials

6.4/10
Exante logo

Exante

4.3/10
7/10RegulationTied7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals1.5/10
10/10WinnerSupport6/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while Exante was established in 2011 and is based in Malta. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Alfa Financials serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $500 at Alfa Financials and $11700 at Exante.

Alfa Financials wins this category
FeatureAlfa FinancialsExante
Min. Deposit$500$11700
RegulationFinancial Conduct Authority (FCA)Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA
Founded19872011
CountryUAEMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and Exante, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $500 at Alfa Financials). Exante charges withdrawal fees while Alfa Financials does not, giving Alfa Financials an edge for frequent withdrawers. Alfa Financials applies inactivity fees on dormant accounts; Exante does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAlfa FinancialsExante
Min. Deposit$500$11700
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Alfa Financials offers MT4, MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureAlfa FinancialsExante
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderMT4, WEB, desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and Exante compare. Alfa Financials runs regular live webinars; Exante does not. Alfa Financials has a video library; Exante does not. Alfa Financials publishes daily market commentary; Exante does not. Alfa Financials integrates third-party research tools (Trading Central, Autochartist); Exante does not. Archived webinars are available at both brokers for self-paced learning. Alfa Financials scores higher overall in education and research.

Alfa Financials wins this category
FeatureAlfa FinancialsExante
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

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 Exante supports 1 (bank transfer). Alfa Financials uniquely supports credit/debit card among the two brokers. Alfa Financials scores higher on deposit and withdrawal flexibility.

Alfa Financials wins this category
FeatureAlfa FinancialsExante
Bank TransferYesYes
Credit CardYesNo
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Alfa Financials offers live chat; Exante does not, making Alfa Financials easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Alfa Financials scores higher overall on customer support in our assessment.

Alfa Financials wins this category
FeatureAlfa FinancialsExante
Live ChatYesNo
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese