B

Alfa Forex

6.1/10
fort financial services logo

fort financial services

8.6/10
3/10RegulationWinner10/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Alfa Forex was founded in 2011 and is headquartered in Cyprus, while fort financial services was established in 2012 and is based in USA. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while fort financial services is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; fort financial services has 10,000+. The minimum deposit is $0 at Alfa Forex and $250 at fort financial services.

fort financial services wins this category
FeatureAlfa Forexfort financial services
Min. Deposit$0$250
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F231
Founded20112012
CountryCyprusUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and fort financial services, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $250 at fort financial services). Alfa Forex charges withdrawal fees while fort financial services does not, a notable advantage for frequent withdrawers. Alfa Forex applies inactivity fees on dormant accounts; fort financial services does not. Overall, Alfa Forex scores higher on fees in our assessment.

Alfa Forex wins this category
FeatureAlfa Forexfort financial services
Min. Deposit$0$250
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alfa Forex offers MT4, MT5, cTrader, while fort financial services 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 Forexfort financial services
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

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

fort financial services wins this category
FeatureAlfa Forexfort financial services
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 fort financial services supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fort financial services uniquely supports PayPal and Skrill and Neteller among the two brokers. fort financial services scores higher on deposit and withdrawal flexibility.

fort financial services wins this category
FeatureAlfa Forexfort financial services
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 fort financial services offer live chat support. Both provide phone support. Email support is available at both brokers. Alfa Forex supports 2 languages and fort financial services supports 8, giving fort financial services broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlfa Forexfort financial services
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic