Alpha Capital Markets
Fortrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Fortrade was established in 1992 and is based in UK. Alpha Capital Markets holds licences including Unregulated, while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. Alpha Capital Markets serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $1 at Fortrade.
| Feature | Alpha Capital Markets | Fortrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Unregulated | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 |
| Founded | 1999 | 1992 |
| Country | UK | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and Fortrade, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Fortrade). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; Fortrade does not. Fortrade charges deposit fees; Alpha Capital Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | Alpha Capital Markets | Fortrade |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Alpha Capital Markets offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Alpha Capital Markets | Fortrade |
|---|---|---|
| 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, 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 Fortrade compare. Alpha Capital Markets has a video library; Fortrade does not. Alpha Capital Markets integrates third-party research tools (Autochartist); Fortrade does not. Alpha Capital Markets scores higher overall in education and research.
| Feature | Alpha Capital Markets | Fortrade |
|---|---|---|
| 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 Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). Fortrade uniquely supports PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Alpha Capital Markets | Fortrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | Yes |
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 Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and Fortrade supports 1, giving Alpha Capital Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Alpha Capital Markets | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |