B

Alpha Capital Markets

6.1/10
ifc markets logo

ifc markets

7.3/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
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 ifc markets was established in 2016 and is based in Cyprus. Alpha Capital Markets holds licences including Unregulated, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at ifc markets.

ifc markets wins this category
FeatureAlpha Capital Marketsifc markets
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-F259
Founded19992016
CountryUKCyprus
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and ifc markets, 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 ifc markets). 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.

Alpha Capital Markets wins this category
FeatureAlpha Capital Marketsifc markets
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which ifc markets does not offer. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital Marketsifc markets
MT4YesNo
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 ifc markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAlpha Capital Marketsifc markets
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.

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

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