B

Alpha Capital Markets

6.1/10

icm capital

7.9/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
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 icm capital was established in 2015 and is based in Geneva. Alpha Capital Markets holds licences including Unregulated, while icm capital is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; icm capital has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at icm capital.

icm capital wins this category
FeatureAlpha Capital Marketsicm capital
Min. Deposit$0$250
RegulationUnregulatedFinancial 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-F258
Founded19992015
CountryUKGeneva
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and icm capital, 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 icm capital). icm capital 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; icm capital does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital Marketsicm capital
Min. Deposit$0$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while icm capital 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 Marketsicm capital
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 icm capital compare. icm capital runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. icm capital publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. icm capital maintains an archive of past webinars for on-demand viewing. icm capital scores higher overall in education and research.

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

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

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