B

Alpha Capital Markets

6.1/10
Ayondo logo

Ayondo

5.1/10
3/10RegulationWinner9/10
10/10WinnerFees8/10
9/10WinnerPlatforms1/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10WinnerSupport6/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Ayondo was established in 2008 and is based in London. Alpha Capital Markets holds licences including Unregulated, while Ayondo is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Ayondo has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $1 at Ayondo.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsAyondo
Min. Deposit$0$1
RegulationUnregulatedFinancial Conduct Authority (FCA)
Founded19992008
CountryUKLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Ayondo, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Ayondo). Ayondo charges withdrawal fees while Alpha Capital Markets does not, giving Alpha Capital Markets an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ayondo charges deposit fees; Alpha Capital Markets does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsAyondo
Min. Deposit$0$1
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Ayondo supports cTrader. Alpha Capital Markets offers a mobile trading app; mobile availability for Ayondo is limited. Both brokers support copy or social trading, catering to less hands-on investors. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsAyondo
MT4YesNo
MT5YesNo
cTraderYesYes
Windows AppYesNo
iOS AppYesNo
Android AppYesNo
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Web Trader

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Ayondo compare. Alpha Capital Markets has a video library; Ayondo does not. Alpha Capital Markets integrates third-party research tools (Autochartist); Ayondo does not. Alpha Capital Markets scores higher overall in education and research.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsAyondo
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. Alpha Capital Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ayondo supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsAyondo
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. Alpha Capital Markets offers live chat; Ayondo does not, making Alpha Capital Markets easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Alpha Capital Markets scores higher overall on customer support in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsAyondo
Live ChatYesNo
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Mandarin