B

Alfa Financials

6.4/10
Valutrades logo

Valutrades

7.1/10
7/10WinnerRegulation4/10
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 Valutrades was established in 2008 and is based in UK. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Valutrades is regulated by Unregulated among others. Alfa Financials serves 10,000+ clients worldwide; Valutrades has 10,000+. The minimum deposit is $500 at Alfa Financials and $0 at Valutrades.

Valutrades wins this category
FeatureAlfa FinancialsValutrades
Min. Deposit$500$0
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded19872008
CountryUAEUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and Valutrades, directly affecting your bottom line as a trader. Valutrades has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Alfa Financials). Neither broker charges withdrawal fees. Alfa Financials applies inactivity fees on dormant accounts; Valutrades does not. Valutrades charges deposit fees; Alfa Financials does not. Overall, Valutrades scores higher on fees in our assessment.

Valutrades wins this category
FeatureAlfa FinancialsValutrades
Min. Deposit$500$0
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

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

Tied
FeatureAlfa FinancialsValutrades
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderiPhone,iOS,Mac,iPad,Android,WEB

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and Valutrades 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 FinancialsValutrades
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 Valutrades supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsValutrades
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 Valutrades 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 FinancialsValutrades
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese