B

Alpha Capital Markets

6.1/10

traders way

7.4/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
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 traders way was established in 2012 and is based in Grenadines. Alpha Capital Markets holds licences including Unregulated, while traders way is regulated by Financial Conduct Authority (FCA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; traders way has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at traders way.

traders way wins this category
FeatureAlpha Capital Marketstraders way
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-F327
Founded19992012
CountryUKGrenadines
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and traders way, 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 traders way). traders way charges withdrawal fees while Alpha Capital Markets does not, giving Alpha Capital Markets an edge for frequent withdrawers. Alpha Capital Markets applies inactivity fees on dormant accounts; traders way does not. traders way 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 Marketstraders way
Min. Deposit$0$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while traders way 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 Marketstraders way
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 traders way compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAlpha Capital Marketstraders way
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 traders way supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). traders way uniquely supports PayPal and Skrill and Neteller among the two brokers. traders way scores higher on deposit and withdrawal flexibility.

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

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