B

Alfa Financials

6.4/10

Uniglobe Markets

5.6/10
7/10WinnerRegulation3/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. Alfa Financials serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $500 at Alfa Financials and $10 at Uniglobe Markets.

Alfa Financials wins this category
FeatureAlfa FinancialsUniglobe Markets
Min. Deposit$500$10
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded19872008
CountryUAEMarshall Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $500 at Alfa Financials). Neither broker charges withdrawal fees. Alfa Financials applies inactivity fees on dormant accounts; Uniglobe Markets does not. Uniglobe Markets charges deposit fees; Alfa Financials does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

Uniglobe Markets wins this category
FeatureAlfa FinancialsUniglobe Markets
Min. Deposit$500$10
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

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

Tied
FeatureAlfa FinancialsUniglobe Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderWindows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and Uniglobe Markets compare. Alfa Financials runs regular live webinars; Uniglobe Markets does not. Alfa Financials has a video library; Uniglobe Markets does not. Alfa Financials publishes daily market commentary; Uniglobe Markets does not. Alfa Financials integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. Alfa Financials maintains an archive of past webinars for on-demand viewing. Alfa Financials scores higher overall in education and research.

Alfa Financials wins this category
FeatureAlfa FinancialsUniglobe Markets
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 Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsUniglobe Markets
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 Uniglobe Markets 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 FinancialsUniglobe Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese