B

Alfa Financials

6.4/10

Hirose Financial

7.3/10
7/10RegulationTied7/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while Hirose Financial was established in 2004 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Alfa Financials serves 10,000+ clients worldwide; Hirose Financial has 10,000+. The minimum deposit is $500 at Alfa Financials and $1 at Hirose Financial.

Hirose Financial wins this category
FeatureAlfa FinancialsHirose Financial
Min. Deposit$500$1
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA)
Founded19872004
CountryUAEUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and Hirose Financial, directly affecting your bottom line as a trader. Hirose Financial has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Alfa Financials). Hirose Financial charges withdrawal fees while Alfa Financials does not, giving Alfa Financials an edge for frequent withdrawers. Alfa Financials applies inactivity fees on dormant accounts; Hirose Financial does not. Overall, Hirose Financial scores higher on fees in our assessment.

Hirose Financial wins this category
FeatureAlfa FinancialsHirose Financial
Min. Deposit$500$1
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesYes

Platforms

Alfa Financials offers MT4, MT5, cTrader, while Hirose Financial supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Hirose Financial supports social and copy trading features, which Alfa Financials does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAlfa FinancialsHirose Financial
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderMT4, Mirror Trader, Web Trader, Binary, 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 Hirose Financial 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. Alfa Financials scores higher overall in education and research.

Alfa Financials wins this category
FeatureAlfa FinancialsHirose Financial
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 Hirose Financial supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsHirose Financial
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 Hirose Financial 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 FinancialsHirose Financial
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese