B

Alpha Capital Markets

6.1/10

turbo forex

3.4/10
3/10RegulationTied3/10
10/10WinnerFees0/10
9/10WinnerPlatforms0/10
4/10WinnerEducation & Research0/10
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 turbo forex was established in 2016 and is based in United States. Alpha Capital Markets holds licences including Unregulated, while turbo forex is regulated by Your capital is at risk. among others. Alpha Capital Markets serves 10,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $0 at Alpha Capital Markets and $250 at turbo forex.

Alpha Capital Markets wins this category
FeatureAlpha Capital Marketsturbo forex
Min. Deposit$0$250
RegulationUnregulatedYour capital is at risk.
Founded19992016
CountryUKUnited States
Clients10,000+14,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and turbo forex, 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 turbo forex). turbo forex charges withdrawal fees while Alpha Capital Markets does not, giving Alpha Capital Markets an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. turbo forex 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 Marketsturbo forex
Min. Deposit$0$250
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Alpha Capital Markets offers a mobile trading app; mobile availability for turbo forex is limited. Alpha Capital Markets supports social and copy trading features, which turbo forex does not offer. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital Marketsturbo forex
MT4YesNo
MT5YesNo
cTraderYesNo
Windows AppYesNo
iOS AppYesNo
Android AppYesNo
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 turbo forex compare. Alpha Capital Markets has a video library; turbo forex does not. Alpha Capital Markets integrates third-party research tools (Autochartist); turbo forex does not. Alpha Capital Markets scores higher overall in education and research.

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

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

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