B

Alpha Capital Markets

6.1/10

Nadex

3.9/10
3/10RegulationTied3/10
10/10WinnerFees0/10
9/10WinnerPlatforms7/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Nadex was established in 2008 and is based in USA. Both brokers are regulated by Unregulated, among other authorities. Alpha Capital Markets serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at Nadex.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsNadex
Min. Deposit$0$250
RegulationUnregulatedUnregulated
Founded19992008
CountryUKUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Nadex, 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 Nadex). 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 MarketsNadex
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Nadex supports 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. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsNadex
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Web,iPad,mac,Desktop,iPhoneiOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Nadex compare. Alpha Capital Markets has a video library; Nadex does not. Alpha Capital Markets integrates third-party research tools (Autochartist); Nadex does not. Alpha Capital Markets scores higher overall in education and research.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsNadex
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 Nadex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsNadex
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 Nadex 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 MarketsNadex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese