B

Alfa Forex

6.1/10

DIF Broker

6.4/10
3/10RegulationWinner7/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Forex was founded in 2011 and is headquartered in Cyprus, while DIF Broker was established in 1996 and is based in Portugal. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while DIF Broker is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; DIF Broker has 10,000+. The minimum deposit is $0 at Alfa Forex and $500 at DIF Broker.

DIF Broker wins this category
FeatureAlfa ForexDIF Broker
Min. Deposit$0$500
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Founded20111996
CountryCyprusPortugal
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and DIF Broker, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $500 at DIF Broker). Both brokers charge withdrawal fees. Alfa Forex applies inactivity fees on dormant accounts; DIF Broker does not. DIF Broker charges deposit fees; Alfa Forex does not. Overall, Alfa Forex scores higher on fees in our assessment.

Alfa Forex wins this category
FeatureAlfa ForexDIF Broker
Min. Deposit$0$500
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Alfa Forex offers MT4, MT5, cTrader, while DIF Broker supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureAlfa ForexDIF Broker
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4Desktop,Android,iPhone/iPad,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Forex and DIF Broker compare. DIF Broker runs regular live webinars; Alfa Forex does not. Both provide video tutorials. DIF Broker publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. DIF Broker maintains an archive of past webinars for on-demand viewing. DIF Broker scores higher overall in education and research.

DIF Broker wins this category
FeatureAlfa ForexDIF Broker
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alfa Forex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while DIF Broker supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa ForexDIF Broker
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 Forex and DIF Broker 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 ForexDIF Broker
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese