Alpha Capital Markets
Amscot Stockbroking
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Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Amscot Stockbroking was established in 1853 and is based in Austrailia. Alpha Capital Markets holds licences including Unregulated, while Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Amscot Stockbroking has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $500 at Amscot Stockbroking.
| Feature | Alpha Capital Markets | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Regulation | Unregulated | Ministry of Economic Affairs and Communications (Estonia) |
| Founded | 1999 | 1853 |
| Country | UK | Austrailia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and Amscot Stockbroking, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while Alpha Capital Markets does not, giving Alpha Capital Markets an edge for frequent withdrawers. Alpha Capital Markets applies inactivity fees on dormant accounts; Amscot Stockbroking does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.
| Feature | Alpha Capital Markets | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Alpha Capital Markets offers MT4, MT5, cTrader, while Amscot Stockbroking supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Amscot Stockbroking does not offer. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Alpha Capital Markets | Amscot Stockbroking |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | IRESSTrader,IRESSInvestor,netIRESS,XPLAN |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Amscot Stockbroking compare. Alpha Capital Markets has a video library; Amscot Stockbroking does not. Alpha Capital Markets integrates third-party research tools (Autochartist); Amscot Stockbroking does not. Alpha Capital Markets scores higher overall in education and research.
| Feature | Alpha Capital Markets | Amscot Stockbroking |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alpha Capital Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Amscot Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alpha Capital Markets | Amscot Stockbroking |
|---|---|---|
| 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 Alpha Capital Markets and Amscot Stockbroking 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 | Alpha Capital Markets | Amscot Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |