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Alfa Financials

6.4/10
World Forex Review logo

World Forex Review

6.9/10
7/10WinnerRegulation4/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while World Forex Review was established in 2008 and is based in Vanuatu. Alfa Financials holds licences including Financial Conduct Authority (FCA), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Alfa Financials serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $500 at Alfa Financials and $100 at World Forex Review.

World Forex Review wins this category
FeatureAlfa FinancialsWorld Forex Review
Min. Deposit$500$100
RegulationFinancial Conduct Authority (FCA)Vanuatu Financial Services Commission (VFSC)
Founded19872008
CountryUAEVanuatu
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Alfa Financials). World Forex Review charges withdrawal fees while Alfa Financials does not, giving Alfa Financials an edge for frequent withdrawers. Alfa Financials applies inactivity fees on dormant accounts; World Forex Review does not. World Forex Review charges deposit fees; Alfa Financials does not. Overall, World Forex Review scores higher on fees in our assessment.

World Forex Review wins this category
FeatureAlfa FinancialsWorld Forex Review
Min. Deposit$500$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Alfa Financials offers MT4, MT5, cTrader, while World Forex Review 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 FinancialsWorld Forex Review
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderAndroid Apps,iPhone/iPad,Desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and World Forex Review 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.

Tied
FeatureAlfa FinancialsWorld Forex Review
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsWorld Forex Review
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 World Forex Review 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 FinancialsWorld Forex Review
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese