B

Alfa Forex

6.1/10

invest az

7.7/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Alfa Forex was founded in 2011 and is headquartered in Cyprus, while invest az was established in 2018 and is based in United Kingdom. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while invest az is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; invest az has 10,000+. The minimum deposit is $0 at Alfa Forex and $250 at invest az.

invest az wins this category
FeatureAlfa Forexinvest az
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-F261
Founded20112018
CountryCyprusUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and invest az, 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 invest az). Alfa Forex charges withdrawal fees while invest az 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.

Alfa Forex wins this category
FeatureAlfa Forexinvest az
Min. Deposit$0$250
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alfa Forex offers MT4, MT5, cTrader, while invest az supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alfa Forex supports social and copy trading features, which invest az does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAlfa Forexinvest az
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 invest az compare. invest az runs regular live webinars; Alfa Forex does not. Both provide video tutorials. invest az publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. invest az maintains an archive of past webinars for on-demand viewing. invest az scores higher overall in education and research.

invest az wins this category
FeatureAlfa Forexinvest az
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

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 invest az supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). invest az uniquely supports PayPal and Skrill and Neteller among the two brokers. invest az scores higher on deposit and withdrawal flexibility.

invest az wins this category
FeatureAlfa Forexinvest az
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 invest az offer live chat support. Both provide phone support. Email support is available at both brokers. Alfa Forex supports 2 languages and invest az supports 8, giving invest az broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlfa Forexinvest az
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic