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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

4.5
/ 5

Alpari review

trusted
Updated on Oct 30, 2024
|
16 mins read

Overview

We want to welcome you to our comprehensive Alpari review. Whether you’re an experienced trader looking to explore different brokers or a beginner, you’ll find this review helpful....
See full overview for Alpari
Countries
+188
Devices
Minimum deposit
$5
Withdrawal fee
$0
Deposit fee
$0
Max insured
No
Our Verdict
4.5
/ 5
Commissions & Fees
4.5
/ 5
Deposit & Withdrawal
4.5
/ 5
Customer Support
4.5
/ 5
Account Opening
4.5
/ 5
Regulation & Safety
4.5
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Competitive Spreads

  • Comprehensive Educational Resources

  • Robust Customer Support

Cons

  • Limited Deposit and Withdrawal Options

  • Occasional Platform Glitches

  • Limited Regulatory Oversight in Certain Regions

General details

Type of accounts
Unlimited Demo Accounts
ECN accounts
Micro accounts
VIP accounts
Standard Accounts
Swap free accounts
Trading platforms
Execution Model
STP
ECN
Deposit currency
USD
Regulatory complience
FSA (SV)
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Chinese
Russian
German
Autotrading
Alpari CopyTrade MT4 EA MT5 EA
Contact details
+442 080 896 850

Customer reviews

Read real reviews from traders all over the world:

H
Harman Sairani
19 January 2022
Advantages: Pamm
Disadvantages: Is it true or not?
Pamm systems return monthly?!
r
rob
30 November 2020
Advantages: decent copy trade
Disadvantages: Not many options for deposits and very expensive to withdraw your funds
I am struggling with my withdrawal request, they have rejected my request despite their Operations department telling me by email tat they will proceed with my withdrawal request. I will update you about my situation
See all 12 customers reviews

Accounts

Type of Alpari Trading Accounts

Alpari International offers its clients a variety of trading account types to suit their unique trading styles and experience levels. In addition to the standard demo account, the Broker provides six different account types that use real money. Let’s take a closer look at each one.

Forex Standard Account

This is a great choice for intermediate traders. It provides a user-friendly and safe trading environment with floating leverage up to 1:1000 and no commission charges. With a minimum deposit of just $100, traders can start executing trades with narrow spreads from 1.2 pips on popular currency pairs.

Forex Micro Account

This is an ideal option for beginner traders. This Alpari trading account operates like a traditional account but allows traders to execute trades in cents. It’s perfect for testing trading strategies or practicing trading skills. With a minimum deposit of only $5, beginner traders can start trading with floating leverage up to 1:400 and narrow spreads from 1.7 pips.

Forex ECN Account

This is tailored towards Advanced traders looking for a more immersive trading experience. This account offers flexible, transparent, and efficient trading conditions with floating leverage up to 1:1000. Traders receive the best bid/ask prices from trusted liquidity providers, allowing for more efficient trades. With a minimum deposit of $500 and commission charges of $1.5 per lot per side, traders can expect narrow spreads from 0.4 pips.

Forex Pro Account

This Alpari trading account is for professional investors, active traders, and hedge fund managers. It offers the best liquidity, faster trade execution speeds, and the tightest spreads imaginable. With floating leverage up to 1:300 and no commission charges, this account maximizes the trading strategy of experienced traders who know what they want from their trading accounts. The minimum Deposit for this account is $25,000.

alpari.binary - Alpari
Trading 24 hours a day
Deposit currency
USD
EUR
RUB
Trading instruments
Forex
Number of currency pairs: 6
AUD
BGN
EUR
GBP
NZD
USD
Execution type
market
Spread type
Floating
Decimal places
5
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
ecn.mt5 - Alpari
Availability of a VIP account
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Deposit currency
USD
EUR
RUB
Trading instruments
Forex
1:100
Number of currency pairs: 6
AUD
CAD
EUR
GBP
NZD
USD
1:100
1:100
1:100
Stop Out
60 %
Minimum position size
0.01 units
Maximum position size
100 units
Execution type
market
Spread type
Floating
Decimal places
5
Locked Margin Level
50 %
Commission
16 USD
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
standard.mt5 - Alpari
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Deposit currency
USD
EUR
RUB
Trading instruments
Forex
1:100
Number of currency pairs: 6
AUD
CAD
EUR
GBP
NZD
USD
1:100
Stop Out
20 %
Minimum position size
0.01 units
Maximum position size
100 units
Execution type
instant
Spread type
Floating
Decimal places
5
Locked Margin Level
50 %
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
nano.mt4 - Alpari
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Deposit currency
EUR
USD
Trading instruments
Forex
1:500
Number of currency pairs: 15
AUD
CAD
CHF
EUR
JPY
DKK
GBP
NOK
NZD
RUB
SEK
SGD
MXN
PLN
ZAR
1:500
Stop Out
10%
Minimum position size
0.01 units
Maximum position size
100 units
Execution type
instant
Spread type
Floating
Decimal places
4
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
pro-ecn.mt4 - Alpari
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Deposit currency
USD
EUR
RUB
Trading instruments
Forex
1:500
Number of currency pairs: 16
AUD
CAD
CHF
EUR
JPY
DKK
GBP
NOK
NZD
RUB
SEK
SGD
USD
MXN
PLN
ZAR
1:500
1:500
1:500
Stop Out
60%
Minimum position size
0.01 units
Maximum position size
100 units
Execution type
market
Spread type
Floating
Decimal places
4
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
ecn.mt4 - Alpari
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Deposit currency
USD
EUR
RUB
Trading instruments
Forex
1:1000
Number of currency pairs: 16
AUD
CHF
EUR
JPY
DKK
GBP
NOK
NZD
RUB
SEK
SGD
MXN
PLN
ZAR
CAD
CNY
1:1000
1:1000
Stop Out
60%
Minimum position size
0.01 units
Maximum position size
100 units
Execution type
market
Spread type
Floating
Decimal places
4
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
standard.mt4 - Alpari
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Deposit currency
USD
EUR
RUB
Trading instruments
Forex
1:1000
Number of currency pairs: 16
AUD
CAD
CHF
EUR
JPY
GBP
NZD
USD
DKK
NOK
RUB
SEK
SGD
MXN
PLN
ZAR
1:1000
Stop Out
20%
Minimum position size
0.01 units
Maximum position size
100 units
Execution type
instant
Spread type
Floating
Decimal places
4
Locked Margin Level
50%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents

Tradable instruments

Tradable instruments on Alpari trading platforms include:

Currencies
62
Commodities
6
Stocks
51
Indices
12
Cryptocurrencies
10
ETF
10
Bonds
9

Frequently asked questions

Find the right answer to your question below.

What is Alpari's minimum deposit requirement?

Alpari does require minimum deposits, but the amounts depend on the type of account. For Standard accounts, the minimum deposit is only $50. The ECN account requires a minimum deposit of $300, while the Pro ECN account requires $500.

It’s always important to review each account type and the associated benefits, and deposit requirements. If you have questions or need more clarification, Alpari’s customer support team can help.

Does Alpari offer Islamic/Sharia-compliant accounts?

Yes, Alpari does offer Islamic accounts. These are also known as Sharia-compliant accounts. The purpose of this type of account is they offer trading conditions that adhere to Islamic principles. These accounts are free from interest charges and overnight fees. Anyone interested in opening an Islamic account should contact Alpari’s customer support directly for assistance.

What trading platforms does Alpari offer?

The two main platforms offered by Alpari are MetaTrader 4 and MetaTrader 5. The MetaTrader platforms are among the most popular, and well-respected for their user-friend interfaces, especially in the forex trading community. MT4 and MT5 are also well-liked for their advanced charting tools and customization options. 

Additionally, Alpari offers its own proprietary trading platform. All platforms offer compatibility across various devices and operating systems.

What is Alpari's reputation in the Forex trading community?

Alpari’s reputation in the forex trading industry is generally positive. However, it’s important to consult multiple resources for a more comprehensive snapshot of Alpari’s strengths and weaknesses. 

Reputation-building features of Alpari include competitive spreads, user-friendly MetaTrader platforms, and diversified assets. A reliable customer support team also earns them accolades. However, there are some downsides as well. Limited withdrawal methods, regulation concerns, and occasional glitching are examples. 

In the end, it’s smart to reference multiple reviews and community insights. Learn more about their strengths and weaknesses and compare those to your expectations. It’s difficult to attain a full, comprehensive view of Alpari from just one review alone. Also, consider opening a demo account to explore Alpari with zero risk.

How does Alpari's customer support compare to other Forex brokers?

Alpari is viewed as offering one of the better customer support teams among online brokers. Customer support can be reached through live chat, email, and phone. They also offer multilingual customer service options. Overall, Alpari has a reputation for addressing issues supporting queries quickly, and offering prompt responses. 

As with any broker, there are inconsistencies with customer care. You can certainly find clients who have had less than positive customer support experience. The best approach is to look at customer support reviews with a general lens. Consider how Alpari performs overall, rather than looking at isolated incidents. 

One more thing to note when choosing a forex broker is trading psychology. While this isn’t entirely rooted in customer support, it can be helpful to understand how psychology can influence individual experiences with a broker.

Alpari compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
Alpari
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 4.5
    / 5
  • 4.5
    / 5
  • $5
  • 1:1000
  • 4.5
    / 5
  • $0
  • $0
  • 4.5
    / 5
  • No
  • No
  • See review
Exness
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • 4.9
    / 5
  • 4.9
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • $0
  • $0
  • 4.6
    / 5
  • FCA, CYSEC
  • No
  • See review
RoboForex
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • 4.9
    / 5
  • 5
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • 1%
  • $0
  • 4.9
    / 5
  • No
  • Yes
  • See review
FxPro
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • High leverage
  • 4.8
    / 5
  • 4.9
    / 5
  • $100
  • 1:10000
  • 4.7
    / 5
  • $0
  • $0
  • 4.8
    / 5
  • FCA
  • Yes
  • See review
IC Markets
  • Specialized trading accounts
  • Tight Spreads
  • Low commissions
  • 4.3
    / 5
  • 4.5
    / 5
  • $200
  • 1:500
  • 4.3
    / 5
  • $0
  • $0
  • 4
    / 5
  • ASIC, CySEC
  • Yes
  • See review
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