B

Alpha Capital Markets

6.1/10
FX Primus logo

FX Primus

6.8/10
3/10RegulationWinner5/10
10/10WinnerFees4/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner6/10
10/10SupportTied10/10

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 FX Primus was established in 2009 and is based in Cyprus. Alpha Capital Markets holds licences including Unregulated, while FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Alpha Capital Markets serves 10,000+ clients worldwide; FX Primus has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at FX Primus.

FX Primus wins this category
FeatureAlpha Capital MarketsFX Primus
Min. Deposit$0$100
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Founded19992009
CountryUKCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and FX Primus, 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 FX Primus). FX Primus charges withdrawal fees while Alpha Capital Markets does not, giving Alpha Capital Markets an edge for frequent withdrawers. Alpha Capital Markets applies inactivity fees on dormant accounts; FX Primus does not. FX Primus charges deposit fees; Alpha Capital Markets does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

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

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while FX Primus supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

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

FX Primus wins this category
FeatureAlpha Capital MarketsFX Primus
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

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 Primus supports 3 (bank transfer, credit/debit card, Neteller). FX Primus uniquely supports Neteller among the two brokers. FX Primus scores higher on deposit and withdrawal flexibility.

FX Primus wins this category
FeatureAlpha Capital MarketsFX Primus
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 FX Primus offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and FX Primus supports 8, giving FX Primus broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlpha Capital MarketsFX Primus
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian