B

Alpha Capital Markets

6.1/10

speedtrader

7.9/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
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 speedtrader was established in 2017 and is based in Netherlands. Alpha Capital Markets holds licences including Unregulated, while speedtrader is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; speedtrader has 3,500,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at speedtrader.

speedtrader wins this category
FeatureAlpha Capital Marketsspeedtrader
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-F308
Founded19992017
CountryUKNetherlands
Clients10,000+3,500,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and speedtrader, 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 speedtrader). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; speedtrader does not. speedtrader 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 Marketsspeedtrader
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

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

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

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

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