B

Alfa Forex

6.1/10

Vanguard Investments

6.9/10
3/10RegulationWinner5/10
10/10FeesTied10/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Forex was founded in 2011 and is headquartered in Cyprus, while Vanguard Investments was established in 2008 and is based in United States. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while Vanguard Investments is regulated by Office of the Comptroller of the Currency among others. Alfa Forex serves 10,000+ clients worldwide; Vanguard Investments has 10,000+. Both brokers share the same minimum deposit of $0.

Vanguard Investments wins this category
FeatureAlfa ForexVanguard Investments
Min. Deposit$0$0
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Office of the Comptroller of the Currency
Founded20112008
CountryCyprusUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Forex and Vanguard Investments, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Both brokers charge withdrawal fees. 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 ForexVanguard Investments
Min. Deposit$0$0
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alfa Forex offers MT4, MT5, cTrader, while Vanguard Investments 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.

Tied
FeatureAlfa ForexVanguard Investments
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4,Desktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Forex and Vanguard Investments compare. Vanguard Investments runs regular live webinars; Alfa Forex does not. Both provide video tutorials. Vanguard Investments publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. Vanguard Investments maintains an archive of past webinars for on-demand viewing. Vanguard Investments scores higher overall in education and research.

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

Tied
FeatureAlfa ForexVanguard Investments
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 Vanguard Investments 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 ForexVanguard Investments
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese