B

Alpha Capital Markets

6.1/10
Bridges Financial Services logo

Bridges Financial Services

6.6/10
3/10RegulationTied3/10
10/10WinnerFees4/10
9/10PlatformsTied9/10
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 Bridges Financial Services was established in 2014 and is based in Australia. Alpha Capital Markets holds licences including Unregulated, while Bridges Financial Services is regulated by ABN 60 003 474 977 among others. Alpha Capital Markets serves 10,000+ clients worldwide; Bridges Financial Services has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at Bridges Financial Services.

Bridges Financial Services wins this category
FeatureAlpha Capital MarketsBridges Financial Services
Min. Deposit$0$100
RegulationUnregulatedABN 60 003 474 977, AFSL No. 240837
Founded19992014
CountryUKAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Bridges Financial Services, 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 Bridges Financial Services). Bridges Financial Services 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; Bridges Financial Services does not. Bridges Financial Services 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 MarketsBridges Financial Services
Min. Deposit$0$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Bridges Financial Services 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 MarketsBridges Financial Services
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MetaTrader 4

Education & Research

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

Bridges Financial Services wins this category
FeatureAlpha Capital MarketsBridges Financial Services
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 Bridges Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsBridges Financial Services
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 Bridges Financial Services 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 MarketsBridges Financial Services
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese