B

Alfa Forex

6.1/10

Investors Intelligence

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 Investors Intelligence was established in 1947 and is based in London. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while Investors Intelligence is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; Investors Intelligence has 10,000+. The minimum deposit is $0 at Alfa Forex and $1 at Investors Intelligence.

Investors Intelligence wins this category
FeatureAlfa ForexInvestors Intelligence
Min. Deposit$0$1
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Founded20111947
CountryCyprusLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and Investors Intelligence, 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 Investors Intelligence). Alfa Forex charges withdrawal fees while Investors Intelligence does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.

Tied
FeatureAlfa ForexInvestors Intelligence
Min. Deposit$0$1
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alfa Forex offers MT4, MT5, cTrader, while Investors Intelligence supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alfa Forex supports social and copy trading features, which Investors Intelligence does not offer. Alfa Forex edges ahead on platform breadth and functionality in our scoring.

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

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

Tied
FeatureAlfa ForexInvestors Intelligence
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 Investors Intelligence 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 ForexInvestors Intelligence
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese