B

Alpha Capital Markets

6.1/10
Bitfinex logo

Bitfinex

6.6/10
3/10RegulationTied3/10
10/10WinnerFees6/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Bitfinex was established in 2015 and is based in New Zealand. Alpha Capital Markets holds licences including Unregulated, while Bitfinex is regulated by Financial Services Provider (FSP) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Bitfinex has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at Bitfinex.

Bitfinex wins this category
FeatureAlpha Capital MarketsBitfinex
Min. Deposit$0$100
RegulationUnregulatedFinancial Services Provider (FSP)
Founded19992015
CountryUKNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Bitfinex, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bitfinex). Bitfinex 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; Bitfinex does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsBitfinex
Min. Deposit$0$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Bitfinex supports 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. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsBitfinex
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Android Apps,iPhone/iPad,Desktop

Education & Research

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

Bitfinex wins this category
FeatureAlpha Capital MarketsBitfinex
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
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 Bitfinex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsBitfinex
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 Alpha Capital Markets and Bitfinex 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
FeatureAlpha Capital MarketsBitfinex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese