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Excel Markets vs AlpForex
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Excel Markets currently holds a stronger overall rating (4.9) than AlpForex (0).
Excel Markets has a lower minimum deposit, at 25.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Excel Markets offers a lower maximum leverage of 1:400, whereas AlpForex allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 25.0 | 30.0 |
| Commission | 0.0 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 0.0 | - |
| Spread | Variable | Fixed, Variable |
| Broker type | STP, ECN | STP, ECN, NDD |
| Maximal leverage (1:?) | 400 | 1000 |
| Availability | STP, ECN | STP, ECN, NDD |
| Regulation | FMA (NZ) | NFA (US) |
| Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Moneybookers | Wire Transfer |
| Account Currency | USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD | USD |
| Languages | English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish | English, Thai |
| Country | New Zealand | Thailand |
| Trading platform(s) timezone | Ireland, New Zealand, Russia | Saint Lucia |
| Other trading instruments | - | - |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
