Alfa Forex
Exante
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Overview
Alfa Forex was founded in 2011 and is headquartered in Cyprus, while Exante was established in 2011 and is based in Malta. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Alfa Forex serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $0 at Alfa Forex and $11700 at Exante.
| Feature | Alfa Forex | Exante |
|---|---|---|
| Min. Deposit | $0 | $11700 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA |
| Founded | 2011 | 2011 |
| Country | Cyprus | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alfa Forex and Exante, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $11700 at Exante). Both brokers charge withdrawal fees. Alfa Forex applies inactivity fees on dormant accounts; Exante does not. Overall, Alfa Forex scores higher on fees in our assessment.
| Feature | Alfa Forex | Exante |
|---|---|---|
| Min. Deposit | $0 | $11700 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Alfa Forex offers MT4, MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Alfa Forex supports social and copy trading features, which Exante does not offer. The two brokers are closely matched on platform offering.
| Feature | Alfa Forex | Exante |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alfa Forex and Exante compare. Alfa Forex has a video library; Exante does not. Alfa Forex integrates third-party research tools (Autochartist); Exante does not. Exante maintains an archive of past webinars for on-demand viewing. Alfa Forex scores higher overall in education and research.
| Feature | Alfa Forex | Exante |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
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 Exante supports 1 (bank transfer). Alfa Forex uniquely supports credit/debit card among the two brokers. Alfa Forex scores higher on deposit and withdrawal flexibility.
| Feature | Alfa Forex | Exante |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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. Alfa Forex offers live chat; Exante does not, making Alfa Forex easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Alfa Forex scores higher overall on customer support in our assessment.
| Feature | Alfa Forex | Exante |
|---|---|---|
| Live Chat | Yes | No |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |