Alfa Financials
fx global markets
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Overview
Alfa Financials was founded in 1987 and is headquartered in UAE, while fx global markets was established in 2017 and is based in United States. Alfa Financials holds licences including Financial Conduct Authority (FCA), while fx global markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Alfa Financials serves 10,000+ clients worldwide; fx global markets has 10,000+. The minimum deposit is $500 at Alfa Financials and $250 at fx global markets.
| Feature | Alfa Financials | fx global markets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 |
| Founded | 1987 | 2017 |
| Country | UAE | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alfa Financials and fx global markets, directly affecting your bottom line as a trader. fx global markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Alfa Financials). fx global markets charges withdrawal fees while Alfa Financials does not, giving Alfa Financials an edge for frequent withdrawers. Alfa Financials applies inactivity fees on dormant accounts; fx global markets does not. fx global markets charges deposit fees; Alfa Financials does not. The two brokers are broadly comparable on fee structure.
| Feature | Alfa Financials | fx global markets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Alfa Financials offers MT4, MT5, cTrader, while fx global markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx global markets supports social and copy trading features, which Alfa Financials does not offer. The two brokers are closely matched on platform offering.
| Feature | Alfa Financials | fx global markets |
|---|---|---|
| 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and fx global markets 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 | fx global markets |
|---|---|---|
| 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 fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | Alfa Financials | fx global markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. Alfa Financials supports 2 languages and fx global markets supports 8, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | Alfa Financials | fx global markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |