Alpha Capital Markets
fx central clearing
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Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while fx central clearing was established in 2015 and is based in Portugal. Alpha Capital Markets holds licences including Unregulated, while fx central clearing is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; fx central clearing has 30,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at fx central clearing.
| Feature | Alpha Capital Markets | fx central clearing |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F234 |
| Founded | 1999 | 2015 |
| Country | UK | Portugal |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and fx central clearing, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $250 at fx central clearing). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Alpha Capital Markets scores higher on fees in our assessment.
| Feature | Alpha Capital Markets | fx central clearing |
|---|---|---|
| Min. Deposit | $0 | $250 |
| 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 fx central clearing supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which fx central clearing does not offer. The two brokers are closely matched on platform offering.
| Feature | Alpha Capital Markets | fx central clearing |
|---|---|---|
| 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, 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 fx central clearing compare. fx central clearing runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. fx central clearing publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. fx central clearing maintains an archive of past webinars for on-demand viewing. fx central clearing scores higher overall in education and research.
| Feature | Alpha Capital Markets | fx central clearing |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 fx central clearing supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx central clearing uniquely supports PayPal and Skrill and Neteller among the two brokers. fx central clearing scores higher on deposit and withdrawal flexibility.
| Feature | Alpha Capital Markets | fx central clearing |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| 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 fx central clearing offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and fx central clearing supports 8, giving fx central clearing broader global reach. Both brokers are comparable on support quality.
| Feature | Alpha Capital Markets | fx central clearing |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |