Alpha Capital Markets
Finmax
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Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Finmax was established in 2008 and is based in Bulgaria. Alpha Capital Markets holds licences including Unregulated, while Finmax is regulated by Financial Services Authority (FSA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Finmax has 10,000+. Both brokers share the same minimum deposit of $0.
| Feature | Alpha Capital Markets | Finmax |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Unregulated | Financial Services Authority (FSA) |
| Founded | 1999 | 2008 |
| Country | UK | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and Finmax, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.
| Feature | Alpha Capital Markets | Finmax |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Alpha Capital Markets offers MT4, MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Alpha Capital Markets | Finmax |
|---|---|---|
| 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. | MT4,MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Finmax compare. Alpha Capital Markets has a video library; Finmax does not. Alpha Capital Markets integrates third-party research tools (Autochartist); Finmax does not. Alpha Capital Markets scores higher overall in education and research.
| Feature | Alpha Capital Markets | Finmax |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 Finmax supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alpha Capital Markets | Finmax |
|---|---|---|
| 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 Finmax 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 | Finmax |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |