Alpha Capital Markets
Ducascopy Bank
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Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Ducascopy Bank was established in 1998 and is based in Switzerland. Alpha Capital Markets holds licences including Unregulated, while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $5000 at Ducascopy Bank.
| Feature | Alpha Capital Markets | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $0 | $5000 |
| Regulation | Unregulated | Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA) |
| Founded | 1999 | 1998 |
| Country | UK | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and Ducascopy Bank, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $5000 at Ducascopy Bank). Ducascopy Bank 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; Ducascopy Bank does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.
| Feature | Alpha Capital Markets | Ducascopy Bank |
|---|---|---|
| Min. Deposit | $0 | $5000 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Alpha Capital Markets offers MT4, MT5, cTrader, while Ducascopy Bank 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.
| Feature | Alpha Capital Markets | Ducascopy Bank |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary 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 Ducascopy Bank compare. Ducascopy Bank runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. Ducascopy Bank publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. Ducascopy Bank maintains an archive of past webinars for on-demand viewing. Ducascopy Bank scores higher overall in education and research.
| Feature | Alpha Capital Markets | Ducascopy Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
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 Ducascopy Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alpha Capital Markets | Ducascopy Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Ducascopy Bank 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.
| Feature | Alpha Capital Markets | Ducascopy Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |