B

Alpha Capital Markets

6.1/10

ETX Capital

7.6/10
3/10RegulationWinner8/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner6/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while ETX Capital was established in 2002 and is based in UK. Alpha Capital Markets holds licences including Unregulated, while ETX Capital is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; ETX Capital has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at ETX Capital.

ETX Capital wins this category
FeatureAlpha Capital MarketsETX Capital
Min. Deposit$0$100
RegulationUnregulatedFinancial Conduct Authority (FCA)
Founded19992002
CountryUKUK
Clients10,000+10,000+

Fees

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

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

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while ETX Capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which ETX Capital does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAlpha Capital MarketsETX Capital
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, Mac, Mirror Trader, Binary, 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 ETX Capital compare. ETX Capital runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. ETX Capital publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. ETX Capital maintains an archive of past webinars for on-demand viewing. ETX Capital scores higher overall in education and research.

ETX Capital wins this category
FeatureAlpha Capital MarketsETX Capital
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 ETX Capital supports 3 (bank transfer, credit/debit card, Neteller). ETX Capital uniquely supports Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.

ETX Capital wins this category
FeatureAlpha Capital MarketsETX Capital
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoYes

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 ETX Capital offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and ETX Capital supports 7, giving ETX Capital broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlpha Capital MarketsETX Capital
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, French, Spanish, German, Polish, Czech, Greek and Mandarin