B

Alpha Capital Markets

6.1/10

Hargreaves Lansdown

7/10
3/10RegulationWinner7/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
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 Hargreaves Lansdown was established in 1981 and is based in UK. Alpha Capital Markets holds licences including Unregulated, while Hargreaves Lansdown is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Hargreaves Lansdown has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $200 at Hargreaves Lansdown.

Hargreaves Lansdown wins this category
FeatureAlpha Capital MarketsHargreaves Lansdown
Min. Deposit$0$200
RegulationUnregulatedFinancial Conduct Authority (FCA)
Founded19991981
CountryUKUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Hargreaves Lansdown, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Hargreaves Lansdown). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; Hargreaves Lansdown does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsHargreaves Lansdown
Min. Deposit$0$200
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Hargreaves Lansdown supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Hargreaves Lansdown does not offer. The two brokers are closely matched on platform offering.

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

Hargreaves Lansdown wins this category
FeatureAlpha Capital MarketsHargreaves Lansdown
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 Hargreaves Lansdown supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsHargreaves Lansdown
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Hargreaves Lansdown 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.

Tied
FeatureAlpha Capital MarketsHargreaves Lansdown
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese