ALPARI REVIEW

Alpari is a leading online brokerage firm that offers a wide range of financial services to clients around the world. Founded in 1998, Alpari has over 20 years of experience in the financial markets and has established a strong reputation for its reliability and transparency.

alpari

RATING

4.8/5

4.8/5

FOUNDING YEAR

1998

Minimum DEPOSIT

$20

ABOUT ALPARI

Alpari is a leading online brokerage firm that offers a wide range of financial services to clients around the world. Founded in 1998, Alpari has over 20 years of experience in the financial markets and has established a strong reputation for its reliability and transparency. The brokers offers trading in multiple asset classes, including forex, stocks, commodities, and cryptocurrencies, with access to some of the world’s most popular trading platforms.

One of Alpari Broker’s key strengths is its commitment to customer service. The company provides 24/7 support to its clients through multiple channels, including live chat, phone, and email. Additionally, Alpari Broker offers a wide range of educational resources to help traders of all levels improve their skills and knowledge, including webinars, video tutorials, and market analysis.

Founding Year Years 1998
Regulated Yes Yes
Rating Yes 4.8/5
Minimum Deposit dollars $20

ALPARI REGULATIONS

Alpari is regulated by various financial regulatory bodies worldwide. In the United Kingdom, the Financial Conduct Authority (FCA) regulates Alpari UK. This means that Alpari UK is required to adhere to strict regulatory standards set forth by the FCA to ensure the protection of clients’ funds and fair trading practices. 

In addition to the FCA, Alpari is also regulated by other authorities, such as the International Financial Services Commission (IFSC) in Belize and the Financial Services Commission (FSC) in Mauritius. By being regulated by multiple financial authorities, Alpari demonstrates its commitment to providing a safe and reliable trading environment for its clients.

COUNTRY AUTHORITY
UK UK Financial Conduct Authority (FCA)
Belize Belize International Financial Services Commission (IFSC)
Mauritius Mauritius Financial Services Commission (FSC)

ALPARI ACCOUNT TYPES

Alpari offers a variety of account types to cater to the different trading needs and preferences of its clients. The standard account is the most popular option, which requires a minimum deposit of $20 and offers competitive spreads and leverage of up to 1:1000.

For clients who require tighter spreads, the Pro account may be more suitable, with a minimum deposit of $50 and spreads starting from 0.4 pips.

The ECN account is designed for traders who prefer direct market access, offering spreads from 0 pips and commission-based pricing. This account type requires a minimum deposit of $300.

Additionally, Alpari offers a premium account called the Alpari International account, which comes with a dedicated account manager, special promotions and discounts, and other exclusive benefits. With a range of account types to choose from, clients can select the account that best suits their individual trading needs and preferences.

ALPARI TRADING PLATFORMS

Alpari offers its clients a variety of trading platforms to cater to different trading styles and preferences. The MetaTrader 4 (MT4) platform is the most widely used platform in the forex industry, and Alpari offers it to its clients with a range of features, including advanced charting tools, automated trading capabilities, and a user-friendly interface. The MT4 platform is available on desktop, web, and mobile devices, allowing clients to access their accounts and trade from anywhere at any time. 

For traders who prefer a more modern platform, Alpari also offers the MetaTrader 5 (MT5) platform, which comes with additional features such as hedging, netting, and depth of market. The MT5 platform is also available on desktop, web, and mobile devices. 

In addition to the MT4 and MT5 platforms, Alpari also offers the Alpari Invest platform, which allows clients to invest in a variety of investment portfolios managed by professional traders. The Alpari Invest platform comes with a user-friendly interface and a range of portfolio options to suit different investment goals and risk levels. 

Finally, Alpari offers the OptionTrader platform for clients who prefer to trade binary options. The platform features a simple interface and allows traders to select from a range of expiry times and option types.

PLATFORM AVAILABILITY
Proprietary Platform Yes Yes
MT4/MT5 (Windows/MAC) Yes Yes
Mobile Platform (Android/IOS) Yes Yes

ALPARI LEVERAGE

Alpari offers its clients competitive leverage on its range of trading products. For Forex trading, Alpari offers leverage of up to 1:1000 on its standard and micro accounts, allowing traders to magnify their trading positions and potentially increase their profits.

For commodities trading, specifically gold and crude oil, Alpari offers leverage of up to 1:100, which is a relatively high amount compared to other brokers in the industry. This allows traders to access the markets with a smaller amount of capital and potentially benefit from the price movements of these commodities.

For CFD stocks trading, Alpari offers leverage of up to 1:10, which is a more conservative amount as stocks are generally considered to be less volatile compared to forex and commodities. Finally, for indices trading, Alpari offers leverage of up to 1:500, allowing traders to take advantage of the movements in the stock indices with a smaller amount of capital.

PRODUCT MAX LEVERAGE
FOREX 1:1000
COMMODITIES 1:100
CFD STOCKS 1:10

ALPARI PRODUCTS

Alpari offers a wide variety of trading products, including forex, commodities, stocks, indices, cryptocurrencies, ETFs, options, and PAMM accounts. Forex trading is the most popular product, with over 60 currency pairs available for trading on the MetaTrader 4 and MetaTrader 5 platforms. Alpari also provides commodities trading, including gold and crude oil, as well as silver, natural gas, and other metals and energies. CFD stock trading is also available on the platform, with over 150 major global stocks available for trading from the US, Europe, and Asia. Alpari also offers indices trading, with access to over 20 indices from around the world, including the S&P 500, Dow Jones, and Nikkei.

Options trading is also available on forex and commodities, with over 30 currency pairs and metals available for trading on the MetaTrader 4 and MetaTrader 5 platforms. Clients can choose from a range of option types, with expiries ranging from one day to one year. Alpari offers options trading on commodities such as gold, silver, and crude oil.

Finally, Alpari offers cryptocurrency trading, allowing clients to trade Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash. With a diverse range of trading products and investment opportunities, Alpari provides clients with the tools to pursue their trading and investment goals.

 

PRODUCTS AVAILABILITY
Multi Assets Yes Yes
Forex Yes Yes
Crypto Yes Yes
CFD Stocks Yes Yes
CFD Indices Yes Yes

ALPARI SPREAD AND COMMISSION

Alpari offers a competitive spread and commission structure to its clients. The spreads vary depending on the trading product, with forex spreads starting from as low as 0.1 pips. Alpari also charges commissions on forex trading, which range from $1.5 to $3 per lot, depending on the account type. For commodities trading, spreads are also variable and depend on the product being traded. Gold trading, for example, has a spread starting from 0.3 pips.

CFD stock trading also incurs a commission, which is based on the volume of the trade. For indices trading, spreads are also variable, starting from 0.5 pips. Alpari also offers options trading, with spreads starting from 1.6 pips for forex options and 2.0 pips for commodity options. Alpari charges commissions on options trading as well, which depend on the size of the trade.

Regarding cryptocurrency trading, spreads are variable, and commissions are not charged. Instead, a markup is added to the spread to cover Alpari’s costs. The markup varies depending on the cryptocurrency being traded.

It’s worth noting that Alpari offers different account types, which may have different spreads and commissions. The commission rates mentioned above are for the standard account type.

PRODUCT SPREAD RANGE
Forex 0.7 - 1.2
Commodities 0.3 - 2.5
Indices 1 - 2.0

ALPARI DEPOSIT AND WITHDRAWAL METHODS

Alpari provides its clients with a variety of deposit and withdrawal methods to make it easier for them to manage their trading accounts. Deposits can be made via bank transfer, credit/debit card, e-wallets such as Skrill, Neteller, FasaPay, WebMoney, and more. Alpari does not charge any deposit fees, but clients should check with their payment providers for any transaction fees that may apply. Deposits are usually processed instantly, depending on the payment method.

Withdrawals can be made through the same payment methods as deposits. Alpari processes withdrawals within one business day, but the time it takes for the funds to reach the client’s account depends on the payment provider. Bank transfers, for example, may take up to 5 business days to process. Withdrawals are subject to a processing fee, which varies depending on the payment method.

Regarding cryptocurrency, Alpari accepts Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash for deposits and withdrawals. Clients can use the same payment methods as they would for traditional currencies. Deposits made in cryptocurrency are usually processed instantly, and withdrawals may take up to one business day to process.

METHOD AVAILABILITY
Credit/Debit Card Yes Yes
Wire Transfer Yes Yes
E-Wallets Yes Yes
Crypto Yes Yes

ALPARI REVIEW SUMMARY

Alpari is a well-established online brokerage with a positive reputation among traders, offering a wide range of products including forex, commodities, indices, and stocks. One of the standout features of Alpari is their acceptance of cryptocurrency for both deposits and withdrawals, which is rare among brokers and provides added convenience and flexibility for traders.

In addition to their product offerings, Alpari also places a strong emphasis on education, offering a range of resources and tools to help traders improve their skills and knowledge. From webinars and video tutorials to market analysis and trading signals, Alpari’s educational resources are comprehensive and accessible to traders of all levels.

Overall, Alpari’s range of products, acceptance of cryptocurrency, and commitment to education make it a compelling choice for traders seeking a reliable and innovative broker. However, it’s important to note that Alpari is only regulated by one tier-1 regulator, which may be a concern for some traders.

ALPARI PROS AND CONS

Yes Pros No Cons
Multi Asset None
Multi Regulated
Comprehensive Education
Low Minimum Deposit
Copy Trading
Huge List of Instruments
Low Spread
Proprietary Platform