B

Alpha Capital Markets

6.1/10
AvaTrade logo

AvaTrade

6.9/10
3/10RegulationWinner7/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsWinner8.5/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while AvaTrade was established in 2006 and is based in The British Virgin Islands. Alpha Capital Markets holds licences including Unregulated, while AvaTrade is regulated by Central Bank of Ireland among others. Alpha Capital Markets serves 10,000+ clients worldwide; AvaTrade has 200,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at AvaTrade.

AvaTrade wins this category
FeatureAlpha Capital MarketsAvaTrade
Min. Deposit$0$250
RegulationUnregulatedCentral Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Founded19992006
CountryUKThe British Virgin Islands
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and AvaTrade, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; AvaTrade does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsAvaTrade
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while AvaTrade 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
FeatureAlpha Capital MarketsAvaTrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and AvaTrade compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAlpha Capital MarketsAvaTrade
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

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 AvaTrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.

AvaTrade wins this category
FeatureAlpha Capital MarketsAvaTrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoYes

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 AvaTrade offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and AvaTrade supports 6, giving AvaTrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlpha Capital MarketsAvaTrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Italian, German, French, Greek, and Hebrew