Alfa Forex
Evans and Partners
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Overview
Alfa Forex was founded in 2011 and is headquartered in Cyprus, while Evans and Partners was established in 2012 and is based in USA. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while Evans and Partners is regulated by Unregulated among others. Alfa Forex serves 10,000+ clients worldwide; Evans and Partners has 10,000+. The minimum deposit is $0 at Alfa Forex and $500 at Evans and Partners.
| Feature | Alfa Forex | Evans and Partners |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Unregulated |
| Founded | 2011 | 2012 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alfa Forex and Evans and Partners, 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 Evans and Partners). Alfa Forex charges withdrawal fees while Evans and Partners does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Alfa Forex scores higher on fees in our assessment.
| Feature | Alfa Forex | Evans and Partners |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Alfa Forex offers MT4, MT5, cTrader, while Evans and Partners supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alfa Forex supports social and copy trading features, which Evans and Partners does not offer. The two brokers are closely matched on platform offering.
| Feature | Alfa Forex | Evans and Partners |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MetaTrader 4,MetaTrader 5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alfa Forex and Evans and Partners compare. Evans and Partners runs regular live webinars; Alfa Forex does not. Both provide video tutorials. Evans and Partners publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.
| Feature | Alfa Forex | Evans and Partners |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Evans and Partners supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alfa Forex | Evans and Partners |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Evans and Partners 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.
| Feature | Alfa Forex | Evans and Partners |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |