B

Alpha Capital Markets

6.1/10

VTB 24 Bank

6.1/10
3/10RegulationTied3/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
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 VTB 24 Bank was established in 2008 and is based in Russia. Both brokers are regulated by Unregulated, among other authorities. Alpha Capital Markets serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at VTB 24 Bank.

Tied
FeatureAlpha Capital MarketsVTB 24 Bank
Min. Deposit$0$100
RegulationUnregulatedUnregulated
Founded19992008
CountryUKRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and VTB 24 Bank, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $100 at VTB 24 Bank). Neither broker charges withdrawal fees. Alpha Capital Markets applies inactivity fees on dormant accounts; VTB 24 Bank does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsVTB 24 Bank
Min. Deposit$0$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while VTB 24 Bank 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 MarketsVTB 24 Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Desktop, Tablet & Mobile apps,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and VTB 24 Bank compare. VTB 24 Bank runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. VTB 24 Bank publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. VTB 24 Bank maintains an archive of past webinars for on-demand viewing. VTB 24 Bank scores higher overall in education and research.

VTB 24 Bank wins this category
FeatureAlpha Capital MarketsVTB 24 Bank
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
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 VTB 24 Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlpha Capital MarketsVTB 24 Bank
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 VTB 24 Bank 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 MarketsVTB 24 Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese