B

Alpha Capital Markets

6.1/10
Etrade logo

Etrade

7.1/10
3/10RegulationWinner5/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
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 Etrade was established in 2012 and is based in United States. Alpha Capital Markets holds licences including Unregulated, while Etrade is regulated by Securities and Exchange Commission (SEC) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Etrade has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at Etrade.

Etrade wins this category
FeatureAlpha Capital MarketsEtrade
Min. Deposit$0$100
RegulationUnregulatedSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Founded19992012
CountryUKUnited States
Clients10,000+10,000+

Fees

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

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

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Etrade 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 MarketsEtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.cTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .

Education & Research

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

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

Tied
FeatureAlpha Capital MarketsEtrade
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 Etrade 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 MarketsEtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese