B

Alfa Forex

6.1/10

Intertrader

7.6/10
3/10RegulationWinner7/10
10/10FeesTied10/10
9/10WinnerPlatforms7/10
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 Intertrader was established in 2009 and is based in Gibraltar. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while Intertrader is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; Intertrader has 10,000+. The minimum deposit is $0 at Alfa Forex and $1 at Intertrader.

Intertrader wins this category
FeatureAlfa ForexIntertrader
Min. Deposit$0$1
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Founded20112009
CountryCyprusGibraltar
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and Intertrader, 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 Intertrader). Alfa Forex charges withdrawal fees while Intertrader does not, a notable advantage for frequent withdrawers. Alfa Forex applies inactivity fees on dormant accounts; Intertrader does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAlfa ForexIntertrader
Min. Deposit$0$1
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alfa Forex offers MT4, MT5, cTrader, while Intertrader supports 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. Alfa Forex edges ahead on platform breadth and functionality in our scoring.

Alfa Forex wins this category
FeatureAlfa ForexIntertrader
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4Web Trader, 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 Intertrader compare. Intertrader runs regular live webinars; Alfa Forex does not. Both provide video tutorials. Intertrader publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. Intertrader maintains an archive of past webinars for on-demand viewing. Intertrader scores higher overall in education and research.

Intertrader wins this category
FeatureAlfa ForexIntertrader
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 Intertrader supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa ForexIntertrader
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 Intertrader 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 ForexIntertrader
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese