B

Alfa Forex

6.1/10
rfxt lebanon logo

rfxt lebanon

7/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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 rfxt lebanon was established in 2010 and is based in Australia. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while rfxt lebanon is regulated by Financial Conduct Authority (FCA) among others. Alfa Forex serves 10,000+ clients worldwide; rfxt lebanon has 60,000+. The minimum deposit is $0 at Alfa Forex and $250 at rfxt lebanon.

rfxt lebanon wins this category
FeatureAlfa Forexrfxt lebanon
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-F301
Founded20112010
CountryCyprusAustralia
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and rfxt lebanon, 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 rfxt lebanon). Both brokers charge withdrawal fees. Alfa Forex applies inactivity fees on dormant accounts; rfxt lebanon does not. rfxt lebanon charges deposit fees; Alfa Forex does not. Overall, Alfa Forex scores higher on fees in our assessment.

Alfa Forex wins this category
FeatureAlfa Forexrfxt lebanon
Min. Deposit$0$250
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

Tied
FeatureAlfa Forexrfxt lebanon
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 rfxt lebanon compare. Alfa Forex has a video library; rfxt lebanon does not. Alfa Forex integrates third-party research tools (Autochartist); rfxt lebanon does not. Alfa Forex scores higher overall in education and research.

Alfa Forex wins this category
FeatureAlfa Forexrfxt lebanon
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 rfxt lebanon supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). rfxt lebanon uniquely supports PayPal and Skrill and Neteller among the two brokers. rfxt lebanon scores higher on deposit and withdrawal flexibility.

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

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