B

Alpha Capital Markets

6.1/10
Oinvest logo

Oinvest

5.7/10
3/10RegulationWinner5/10
10/10WinnerFees6/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
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 Oinvest was established in 2019 and is based in South Africa. Alpha Capital Markets holds licences including Unregulated, while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $200 at Oinvest.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsOinvest
Min. Deposit$0$200
RegulationUnregulatedSouthern African Financial Sector Conduct Authority (FSCA)
Founded19992019
CountryUKSouth Africa
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Oinvest, 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 Oinvest). 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 MarketsOinvest
Min. Deposit$0$200
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Oinvest 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 MarketsOinvest
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, iOS, MacBook, iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Oinvest compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAlpha Capital MarketsOinvest
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 Oinvest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsOinvest
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 Oinvest 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 MarketsOinvest
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese