Alfa Forex
World Forex Review
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Overview
Alfa Forex was founded in 2011 and is headquartered in Cyprus, while World Forex Review was established in 2008 and is based in Vanuatu. Alfa Forex holds licences including Securities and Exchange Commission (SEC), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Alfa Forex serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $0 at Alfa Forex and $100 at World Forex Review.
| Feature | Alfa Forex | World Forex Review |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2011 | 2008 |
| Country | Cyprus | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alfa Forex and World Forex Review, directly affecting your bottom line as a trader. Alfa Forex has a lower barrier to entry with a minimum deposit of $0 (vs $100 at World Forex Review). Both brokers charge withdrawal fees. Alfa Forex applies inactivity fees on dormant accounts; World Forex Review does not. World Forex Review charges deposit fees; Alfa Forex does not. Overall, Alfa Forex scores higher on fees in our assessment.
| Feature | Alfa Forex | World Forex Review |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Alfa Forex offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alfa Forex supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | Alfa Forex | World Forex Review |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alfa Forex and World Forex Review compare. World Forex Review runs regular live webinars; Alfa Forex does not. Both provide video tutorials. World Forex Review publishes daily market commentary; Alfa Forex does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | Alfa Forex | World Forex Review |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alfa Forex | World Forex Review |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 World Forex Review 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.
| Feature | Alfa Forex | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |