Alfa Forex
Hirose Financial
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Alfa Forex was founded in 2011 and is headquartered in Cyprus, while Hirose Financial was established in 2004 and is based in UK. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while Hirose Financial is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; Hirose Financial has 10,000+. The minimum deposit is $0 at Alfa Forex and $1 at Hirose Financial.
| Feature | Alfa Forex | Hirose Financial |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2011 | 2004 |
| Country | Cyprus | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alfa Forex and Hirose Financial, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Hirose Financial). Both brokers charge withdrawal fees. Alfa Forex applies inactivity fees on dormant accounts; Hirose Financial does not. The two brokers are broadly comparable on fee structure.
| Feature | Alfa Forex | Hirose Financial |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Alfa Forex offers MT4, MT5, cTrader, while Hirose Financial 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.
| Feature | Alfa Forex | Hirose Financial |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, Mirror Trader, Web Trader, Binary, 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 Hirose Financial compare. Hirose Financial runs regular live webinars; Alfa Forex does not. Both provide video tutorials. Hirose Financial publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. Hirose Financial maintains an archive of past webinars for on-demand viewing. Hirose Financial scores higher overall in education and research.
| Feature | Alfa Forex | Hirose Financial |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Hirose Financial supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alfa Forex | Hirose Financial |
|---|---|---|
| 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 Hirose Financial 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 | Hirose Financial |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |