FP Markets vs Alfa Forex, Who's The Best?
|
|
FP Markets Rating
|
Alfa Forex Rating
|
Losses can exceed deposits |
Your capital is at risk |
FP Markets vs Alfa Forex Guide |
Read our In-Depth FP Markets vs Alfa Forex Review - 2025 Update
Our review comparing FP Markets and Alfa Forex has been revised for 2025 from knowledgeable insiders with extensive financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs Alfa Forex does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Alfa Forex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs Alfa Forex
Each online trading platforms feature some pros and cons, so any comprehensive analysis of FP Markets vs Alfa Forex cannnot be complete without having an objective perspective.
Compare Alfa Forex and FP Markets to understand just how these platforms line up with each other prior to you choose to open an account. Performing a side-by-side comparison can bring aspects into perspective so that you remain cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between FP Markets or Alfa Forex. Which one is best in 2025?
Our FP Markets vs Alfa Forex comparison contains the most recent information so you can easily compare Alfa Forex against FP Markets.
If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker since you continue trading. For starters, you have to choose the right agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. FP Markets and Alfa Forex are just two such stages that will take you along with your investment into great heights. It's important that you compare FP Markets vs Alfa Forex before you trust them with your money.
Our FP Markets vs Alfa Forex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and Alfa Forex side by side.
Our full FP Markets vs Alfa Forex Review covers all you will need to learn about trading using either FP Markets or Alfa Forex. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It is a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
FP Markets and Alfa Forex are both brokers which have paved their way successfully into the broker world. Within this review, we've tried to collate a number of the vital aspects of both FP Markets and Alfa Forex. This review can allow you to understand whether either Alfa Forex or FP Markets is a fantastic match for your own investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Benefits of FP Markets and Alfa Forex Compared
FP Markets offers a minimum deposit of $100 while Alfa Forex has a $0 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and Alfa Forex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FP Markets allows you to trade around 100 financial instruments while Alfa Forex has around 100 available.
The more financial instruments you can trade on the FP Markets and Alfa Forex platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of FP Markets or Alfa Forex.
FP Markets and Alfa Forex Contact Details
Being able to contact your broker easily is a sign of a professional broker. FP Markets and Alfa Forex have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | FP Markets | Alfa Forex |
Telephone Number | +44 28 2544 7780 | |
supportteam@fpmarkets.com | ||
Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | |
FP Markets Twitter Account | Alfa Forex Twitter Account | |
FP Markets Facebook Page | Alfa Forex Facebook Page | |
FP Markets Instagram Account | Alfa Forex Instagram Account | |
FP Markets LinkedIn Page | Alfa Forex LinkedIn Page | |
YouTube | FP Markets YouTube Channel | Alfa Forex YouTube Channel |
Find Out More |
|
|
Alfa Forex and FP Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of FP Markets and Alfa Forex we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
FP Markets vs Alfa Forex - Awards
|
||
---|---|---|
Broker | FP Markets | Alfa Forex |
Awards |
FP Markets have won numerous industry awards over the years they have been running as an online trading platform. We show the most notable awards for FP Markets below.
|
At the time of writing this Alfa Forex review, and despite Alfa Forex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
FP Markets vs Alfa Forex - Frequently Asked Questions
FP Markets vs Alfa Forex - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its headquaters in Australia.
Alfa Forex was founded in 2011 and has its head office in Cyprus.
What is the minimum deposit for Alfa Forex or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for Alfa Forex is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and Alfa Forex are a good choice.
FP Markets vs Alfa Forex - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Alfa Forex is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Both FP Markets and Alfa Forex have a strong set of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FP Markets vs Alfa Forex Commission And Fees
FP Markets and Alfa Forex are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are primarily three different types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these instances, you are spending a spread, funding rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They are billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither FP Markets or Alfa Forex charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees charged by FP Markets and Alfa Forex are comparatively greater. As a result, you are billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of resources.
This FP Markets vs Alfa Forex review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FP Markets And Alfa Forex
|
||
---|---|---|
Broker | FP Markets | Alfa Forex |
Minimum Deposit | $100 | $0 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
Find Out More |
|
|
What Languages Do FP Markets And Alfa Forex Support?
Being able to communicate easily with your online broker is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you will find all the languages that both FP Markets and Alfa Forex support.
|
||
---|---|---|
Broker | FP Markets | Alfa Forex |
Languages Supported | English, and Chinese | |
Find Out More |
|
|
How Many Clients Do FP Markets and Alfa Forex Have?
Both FP Markets and Alfa Forex are well established with their client base. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users FP Markets and Alfa Forex have
|
||
---|---|---|
Broker | FP Markets | Alfa Forex |
Clients / Users | 10,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do FP Markets and Alfa Forex Accept?
FP Markets and Alfa Forex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FP Markets and Alfa Forex
|
||
---|---|---|
Broker | FP Markets | Alfa Forex |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
Find Out More |
|
|
What Can You Trade With FP Markets and Alfa Forex?
FP Markets offers 100 trading instruments and Alfa Forex offers 30.
Below you will find a full breakdown of what both FP Markets and Alfa Forex offer.
FP Markets Review
FP Markets vs Alfa Forex:
Table Of Contents
- Compare FP Markets vs Alfa Forex
- Benefits of FP Markets and Alfa Forex Compared
- Alfa Forex and FP Markets Mobile App Comparison
- FP Markets vs Alfa Forex - Awards
- FP Markets vs Alfa Forex - Frequently Asked Questions
- What is the minimum deposit for Alfa Forex or FP Markets
- FP Markets vs Alfa Forex - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And Alfa Forex
- What Languages Do FP Markets And Alfa Forex Support?
- How Many Clients Do FP Markets and Alfa Forex Have?
- What Payment Methods Do FP Markets and Alfa Forex Accept?
- What Can You Trade With FP Markets and Alfa Forex?