Alpha Capital Markets
eOption
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Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while eOption was established in 2008 and is based in USA. Both brokers are regulated by Unregulated, among other authorities. Alpha Capital Markets serves 10,000+ clients worldwide; eOption has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $500 at eOption.
| Feature | Alpha Capital Markets | eOption |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Regulation | Unregulated | Unregulated |
| Founded | 1999 | 2008 |
| Country | UK | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and eOption, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $500 at eOption). eOption 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; eOption does not. eOption charges deposit fees; Alpha Capital Markets does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.
| Feature | Alpha Capital Markets | eOption |
|---|---|---|
| Min. Deposit | $0 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Alpha Capital Markets offers MT4, MT5, cTrader, while eOption supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which eOption does not offer. The two brokers are closely matched on platform offering.
| Feature | Alpha Capital Markets | eOption |
|---|---|---|
| MT4 | Yes | Yes |
| 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. | DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and eOption compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Alpha Capital Markets | eOption |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
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 eOption supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alpha Capital Markets | eOption |
|---|---|---|
| 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 eOption 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 | eOption |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |