B

Alpha Capital Markets

6.1/10
freetrade logo

freetrade

8.9/10
3/10RegulationWinner5/10
10/10FeesTied10/10
9/10PlatformsWinner10/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while freetrade was established in 2016 and is based in United Kingdom. Alpha Capital Markets holds licences including Unregulated, while freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) among others. Alpha Capital Markets serves 10,000+ clients worldwide; freetrade has 890,000+. Both brokers share the same minimum deposit of $0.

freetrade wins this category
FeatureAlpha Capital Marketsfreetrade
Min. Deposit$0$0
RegulationUnregulatedFinancial Conduct Authority. Registered in England and Wales (no. 09797821)
Founded19992016
CountryUKUnited Kingdom
Clients10,000+890,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and freetrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; freetrade does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAlpha Capital Marketsfreetrade
Min. Deposit$0$0
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while freetrade supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. freetrade edges ahead on platform breadth and functionality in our scoring.

freetrade wins this category
FeatureAlpha Capital Marketsfreetrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 freetrade compare. freetrade runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. freetrade publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. freetrade maintains an archive of past webinars for on-demand viewing. freetrade scores higher overall in education and research.

freetrade wins this category
FeatureAlpha Capital Marketsfreetrade
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 freetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.

freetrade wins this category
FeatureAlpha Capital Marketsfreetrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
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 freetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and freetrade supports 8, giving freetrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlpha Capital Marketsfreetrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic