B

Alpha Capital Markets

6.1/10

patersons securities limited

6.6/10
3/10RegulationWinner5/10
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 patersons securities limited was established in 2015 and is based in United States. Alpha Capital Markets holds licences including Unregulated, while patersons securities limited is regulated by AFS Licence 234666 among others. Alpha Capital Markets serves 10,000+ clients worldwide; patersons securities limited has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at patersons securities limited.

patersons securities limited wins this category
FeatureAlpha Capital Marketspatersons securities limited
Min. Deposit$0$250
RegulationUnregulatedAFS Licence 234666
Founded19992015
CountryUKUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and patersons securities limited, 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 patersons securities limited). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; patersons securities limited does not. patersons securities limited charges deposit fees; Alpha Capital Markets does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital Marketspatersons securities limited
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

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

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

Tied
FeatureAlpha Capital Marketspatersons securities limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic