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Alpari

6.8
Total score

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Broker Alpari (pronounced “Alpari”) has been providing financial services on the international foreign exchange market since 1998. The company’s range of services includes both active forex trading and various investment offerings. Alpari is registered in Saint Vincent and the Grenadines and holds License No. 20389 IBC 2012 issued by the Registrar of International Business Companies.

The company is a member of The Financial Commission, an international organization that settles disputes between brokers and their clients. Alpari has received over 30 awards since its inception, including Forex Expo Awards (2011, 2012, 2014), International Finance Magazine Awards (2013) and FX Empire Awards (2017).

  • Account currency

    USD, EUR, RUB

  • Minimum deposit

    from $1

  • Leverage

    to 1:3000

  • Spread

    From 0.2 points

  • Instruments

    Currency pairs, metals, CFDs

  • Margin call / Stop out

    50% / от 10%

Pros

  • A variety of trading accounts: Alpari offers a large number of trading accounts customized for traders with different levels of experience and needs, allowing everyone to find the right fit.
  • Efficient support service: The company provides quality and prompt support service that is always ready to help customers with any questions.
  • Multiple deposit and withdrawal methods: Alpari provides a variety of deposit and withdrawal methods for convenient and flexible financial transactions.

Minuses

  • No trading on weekends: The Company does not provide the possibility of trading on weekends, which may limit traders' opportunities.
  • Delays in withdrawal of funds: Withdrawals are periodically delayed, which can cause inconvenience to customers.
  • Commission Compensation: Commission compensation for deposits or withdrawals is only available to traders with VIP status, which limits this privilege for most users.
  • Platform limitations: Trading on the MetaTrader 5 platform is available only for traders with standard accounts, and swap-free accounts work only on MetaTrader 4.

Customer geography

  • Ukraine
    22.66%
  • Russia
    17.26%
  • Belarus
    13.03%
  • Turkey
    8.13%
  • Kazakhstan
    3.28%
  • Republic of Molodova
    2.3%
  • Azerbaijan
    1.2%
  • Uzbekistan
    0.9%
  • Israel
    0.86%
  • Others
    29.38%

Expert evaluation

James Anderson
Financial analyst, exper

Alpari (Alpari) has been in the Forex market for over 20 years and has established itself as a reliable partner that provides a comfortable trading environment. The company offers a variety of accounts for traders of all levels: cent accounts for beginners, classic accounts for experienced traders and ECN accounts with low spreads for professionals.

Alpari is actively rating managers, which allows investors to choose suitable PAMM accounts or PAMM portfolios with minimal risks.

The company is open for cooperation with currency market professionals and novice traders, providing them with the necessary tools and support. Alpari’s support service promptly responds to clients’ requests and helps resolve disputable issues.

Alpari has been a MOFT partner for several years now and has not had any conflict situations related to non-performance during this time.

In 2019, Alpari updated its website, providing users with improved access to information to start trading, as well as the ability to compare different account types and investment offers. The high level of customer focus and commitment to improving services help Alpari to remain one of the most popular brokers in the CIS and Europe.

Analysis

6.8
Overall score
6.59
Order execution
7.01
Investment instruments
6.65
Withdrawal speed
6.95
Customer support performance
6.43
Number of instruments
7.17
Trading platform
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Trading condition

Alpari offers favorable trading conditions for traders from different countries. Clients can use a cent account with a minimum deposit starting from $0, as well as standard and ECN accounts that support deposits in three currencies: EUR, USD and RUB.

The cent account has a fixed leverage of 1:500. For all other types of accounts traders can independently choose leverage in the range from 1:2 to 1:3000. The stop-out level varies depending on the type of account and is 10%, 20% or 60%.

  • Trading platform

    MetaTrader 4, MetaTrader 5

  • Accounts

    nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, special.ecn.mt4, ecn.mt5

  • Account currency

    USD, EUR, RUB

  • Deposit/withdrawal

    Bank transfer, bank cards, Internet banks, electronic payment systems, payment terminals

  • Minimum deposit

    from $1

  • Leverage

    to 1:3000

  • PAMM accounts

    yes

  • Minimum order

    0.01 lots

  • Spread

    From 0.2 points

  • Instruments

    Currency pairs, metals, CFDs

  • Margin call / Stop out

    50% / от 10%

  • Liquidity provider

    yes

  • Affiliate program

    yes

  • Order execution

    Instant Execution, Market Execution

  • Trading features

    Automatic trading is allowed

  • Contests and bonuses

    yes

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Commission

MOFT analysts conducted a detailed analysis of Alpari’s trading conditions for explicit and hidden commissions. No hidden trading fees were detected. The broker does not charge deposit or withdrawal fees – these fees are set by payment systems in accordance with their regulations.

Users of pro.ecn.mt4 and ecn.mt5 accounts pay a commission of $1.6 per 1 lot, and owners of special.ecn.mt4 accounts pay $6 per lot. There is also a commission for carrying trading positions to the next day (swap).

Account type
Spread / commission
Withdrawal fee
nano.mt4
from 8$
No
standard.mt4
from 8$
No
standard.mt5
from 8$
No
ecn.mt4
from 2$
No
pro.ecn.mt4
from 2$
No
special.ecn.mt4
from 2$
No
ecn.mt5
from 2$
No

Broker Overview

How to start earning – instruction for a trader

Alpari offers clients several account types suitable for both novice and professional traders. The main differences between accounts include minimum deposit, trading platform, number of trading assets available, maximum leverage, stop-out level, order execution method and maximum trading volume.

Types of accounts and their description

nano.mt4:

  • Description: A cent account with a minimum lot size of 1000 units (standard lot is 100,000 currency units).
  • Minimum deposit: No requirements – you can deposit any amount.
  • Leverage: Fixed 1:500.
  • Trading instruments: 33 currency pairs and 2 metals.
  • Target audience: Beginners to gain trading skills and professionals to test strategies.

standard.mt4:

  • Description: Standard account on the MetaTrader 4 platform.
  • Minimum deposit: 20 EUR/USD or 1300 RUB.
  • Leverage: Varies from 1:10 to 1:1000.
  • Trading instruments: 33 currency pairs and 2 metals.
  • Features: Possibility to activate the swap-free function.
  • Target audience: Traders with basic skills in currency trading.

standard.mt5:

  • Description: Standard account on the MetaTrader 5 platform.
  • Minimum deposit: 100 EUR/USD or 6000 RUB.
  • Leverage: Customizable from 1:10 to 1:1000.
  • Trading instruments: 33 currency pairs and 2 metals.
  • Target audience: More experienced traders.

ecn.mt4:

  • Description: An account for experienced traders with higher order execution speed and liquidity.
  • Minimum deposit: 300 EUR/USD or 18 000 RUB.
  • Leverage: Varies from 1:2 to 1:3000.
  • Trading instruments: 46 currency pairs, 2 metals and 18 CFDs.
  • Features: Possibility to disable swaps (Islamic account).

pro.ecn.mt4:

  • Description: An account for professional participants of the Forex market on the MetaTrader 4 platform.
  • Minimum deposit: 500 EUR/USD or 30 000 RUB.
  • Leverage: Varies from 1:2 to 1:3000.
  • Trading instruments: 46 currency pairs, 2 metals and 18 CFDs.
  • Commission: $1.6 per standard lot (100 000 USD).
  • Features: Possibility to enable the swap-free function.

special.ecn.mt4:

  • Description: Account for professional traders, similar to pro.ecn.mt4.
  • Commission: $6 per standard lot.

ecn.mt5:

  • Description: Account for professionals using MetaTrader 5 platform.
  • Minimum deposit: 500 EUR/USD or 30 000 RUB.
  • Leverage: Customizable from 1:2 to 1:3000.
  • Trading Instruments: 46 currency pairs, 2 metals and 18 CFDs.
  • Commission: $1.6 per standard lot.

Before opening a live account with the company, it is recommended to test the broker’s trading conditions on a demo account.

Alpari is a broker focused on cooperation with both professional traders and beginners. The company offers acceptable conditions for trading, investing and professional development.

Alpari bonuses

Own bonus system:

  • Bonus points are awarded for deposits, trading and other operations, which can be exchanged for discounts or real money.

Cashback service:

  • Customers with high status receive additional privileges and access to bonuses.

Advantages

  • A wide range of trading accounts: Suitable for clients with different needs and levels of trading experience.
  • Round-the-clock customer service: Prompt and courteous customer service is available around the clock during the working week.
  • Mobile App: Allows you to make transactions through your smartphone or other gadget, providing convenience and flexibility.
  • Variety of deposit and withdrawal methods: Customers can choose from a large number of methods to deposit and withdraw earnings.
  • Training Courses: Offered for traders with varying levels of experience in currency trading, helping to improve their skills and knowledge.
  • Investment offers: Suitable for passive trading, allowing investors to earn income without active participation in trading.
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Alpari Personal Cabinet Overview

How to start trading with Alpari: step-by-step instructions

Step 1: Follow the referral link
Go to the broker’s website using the referral link and click the “Registration” button.

Step 2: Create a personal account
Fill in all fields of the questionnaire with personal data to create a personal account with the broker.

Step 3: Specify your country and city of residence
Specify your country of residence and city.

Step 4: Confirm your registration
Confirm your registration with an individual code. Choose a convenient way to receive the code and enter it in the field provided for this purpose. After registration is complete, you will be directed to your Personal Cabinet.

Step 5: Using myAlpari
In myAlpari, a trader can:

Open a live account: Go to the “Open an account” section and follow the instructions.
Depositfunds to a trading account or withdraw earnings: Use the “Deposit andwithdrawal ” section to manage your funds.

Additional functions of myAlpari:

  • Changing personal information.
  • Account settings.
  • Investing.
  • Account and investment management.
  • Access to current promotions and bonus offers.
  • Access to trading terminals.
  • Participation in competitions.
  • Access to training materials.
  • Opportunity to verify your account and become a manager of PAMM-accounts.

Answers to questions

  • How to register with Alpari broker

  • What types of accounts does Alpari offer

  • What trading platforms are available at Alpari

  • How can I deposit and withdraw funds

  • What bonuses and promotions does Alpari offer

  • Does Alpari provide training materials

  • How do I contact Alpari Support

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