B

Alpha Capital Markets

6.1/10

Daw Trading

6.7/10
3/10RegulationWinner7/10
10/10WinnerFees8/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner6/10
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 Daw Trading was established in 1988 and is based in USA. Alpha Capital Markets holds licences including Unregulated, while Daw Trading is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Daw Trading has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at Daw Trading.

Daw Trading wins this category
FeatureAlpha Capital MarketsDaw Trading
Min. Deposit$0$100
RegulationUnregulatedFinancial Conduct Authority (FCA)
Founded19991988
CountryUKUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Daw Trading, 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 Daw Trading). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; Daw Trading does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

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

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Daw Trading supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Daw Trading does not offer. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsDaw Trading
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Android,WEB,Desktop,iPhone,Mac

Education & Research

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

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

Tied
FeatureAlpha Capital MarketsDaw Trading
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 Daw Trading 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 MarketsDaw Trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese