Verified

Alpari

  • Trading conditions
    95%
  • Platforms and tools
    87%
  • Credibility
    68%
  • Education
    83%
  • Support
    86%
  • Fees and payments
    62%
  • Users choice
    71%
7 reviews
4/5
Alpari Group is a foreign exchange, precious metals, and contract for difference (CFD) broker that has a record of insolvency and regulatory difficulties. The company’s UK entity entered insolvency on January 19, 2015, following heavy losses trading the Swiss franc against the euro. In April 2015, the company’s US NFA membership was revoked, preventing them from offering their services in the United States. The company’s charter is registered in Saint Vincent and the Grenadines. Alpari Research & Analysis Limited, which gives a London address, provides only research and analysis and is not licensed to trade.

Overall Score

80.31
We have collected all the parameters of brokers that are important for trading into different groups for your convenience. The closer the parameter is to the maximum value, the higher the percentage of the group. The overall score is based on all groups’ scores. Now you can see what the strengths of the broker are and where are their weaknesses. Not only to see but also to understand how much it suits your particular needs. If a broker has a GREEN VERIFIED, then the information about its parameters has been received from the broker and been examined by us! GREY NOT-VERIFIED means that information about the parameters of the broker is collected from open sources on the network, BUT it is not confirmed by our tests. RED NOT-VERIFIED means that there is no unambiguous information on this broker in open sources and the specified parameters may differ greatly from the actual ones.
  • Spread:
    excellent
  • Number of futures:
    38
  • Number of currency pairs:
    50
  • Digits after the dot:
    5
  • Number of commodities:
    38
  • Number of cryptocurrencies:
    8
  • Minimum Deposit:
    5
  • Number of bonds:
    8
  • Nuber of indices:
    38
  • Number of tradable assets:
    250
  • Leverage:
    500
  • Number of options:
    8
  • Number of stocks:
    24
Alpari

It was founded in 1998, and it is the brand name of Exinity Limited. It is regulated and sanctioned by the Financial Services Commission (FSC) of the Republic of Mauritius as well as the International Financial Services Commission of Belize (IFSC). The brokerage company offers 250+ CFDs instruments on a wide variety of assets such as Forex, Metals, Commodities, Stocks and Indices.

Alpari provided two types of trading platforms such as MetaTrader 4 as well as MetaTrader 5 platform. Before starting investing with Cap Trader, a trader needs to deposit the initial amount of money that is $5.

Alpari is also a member of The Financial Commission. The Alpari deposit and withdrawal option is via Credit Card, Cryptocurrencies, FasaPay, Neteller, etc. There is no fixed spread for traders while trading in the market.

The headquarters of the Alpari is located on the 5th Floor, Nex Tower, Rue Du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius. The brokerage company also allows copy trading for traders. In addition, Alpari offers commission-free trading to all investors.

Pros and Cons to trade with Alpari

Pros to trade

  • The broker offers MetaTrader 4 and MetaTrader 5 platforms.
  • Alpari offers a wide range of products for trading such as Forex, Metals, Commodities, Stocks and Indices.
  • A trader also has an option of the demo account.
  • Dedicated education resources with research tools.

Is Alpari Scam: Regulations

Alpari is the legit broker in the market because it is regulated and approved by the Financial Services Commission (FSC) of the Republic of Mauritius as well as the International Financial Services Commission of Belize (IFSC). Moreover, the money invested by the trader is entirely safe with Alpari because they use a higher level of technology which helps to secure their money in the market.

It is one of the popular choices of the investor on the market to trade with Alpari Because it is the award-winning broker for the well-established brand in the market. The platform which Alpari offers is unique for its features and service in the market. In addition, there are points that are helpful to protect the investor’s money in the market.

  • Segregating client funds from their funds.
  • Offering a hostile balance protection policy.
  • Being a member of The Financial Commission and its Compensation Fund.

AlpariTrading Account Types

The brokerage company offers four types of trading accounts to all investors. Each trading account has some unique features and services which are helpful while trading.

Gold

  • Earn bonus points by 15%.
  • An investor doesn’t have a personal account manager.

Platinum

  • Personal manager.
  • Earn bonus points 20%.

Diamond

  • Deposit commission refunds are 50%.
  • Earn bonus points 50%.
  • Free spread discount 5%.
  • A trader has a personal account manager.

VIP

  • Personal manager.
  • Deposit commission funds 100%.
  • Earn bonus points is 30%.
  • Free spread discounts 5%.
  • Free spread discounts10%.
  • Free discounts on broker commission 10%.
  • Advance deposits Up to 10,000 USD.
  • A trader can invest in an unlimited number of orders.

Alpari Account Opening

To invest with Alpari, a trader need to follow some steps which are helpful to open a trading account with Alpari:

  • In the first step, an investor needs to apply online on the official website of Alpari and fill the application form in which all the details are related to the investors such as name, age, address, country, etc.
  • After that, you have to answer the questionnaire that the broker asks regarding trading plans and goals.
  • Then verify their trading accounts with the help of their government ID card.
  • In the last, a trader needs to deposit the initial amount of money that is $5.

Alpari Trading Platform

Alpari offers two types of trading platforms such as MetaTrader 4 as well as MetaTrader 5 platform for trading. Both platforms have a variety of features and functions for trading.

MetaTrader 4 platform

It is one of the most common trading platforms provided by most brokers in the market. The platform has a wide variety of order types, including pending orders, etc.

What are the features of the MetaTrader 4 platform?

  • A trader has Secure execution of trading operations thanks to reliable encryption.
  • Innovative system of automatic trading through Expert Advisors.
  • Charts with many different timeframes 
  • More than 50 built-in instruments for technical analysis
  • To predict the future market for the investment. 
  • Interactive charts.
  • 9 timeframes.
  • 18 analytical objects.
  • 29 indicators for technical analysis.

MetaTrader 5 platform

It is the expert level of a trading platform because it helps to get access to the depth of the market for investment. With the help of the MetaTrader 5 platform, a trader can trade and invest efficiently in the market.

What are the features of the MetaTrader 5 platform?

  • New order types. 
  • High-performance MQL5 code for 
  • Access to data of technical indicators for future market 
  • A trader has the option of expert advisors. 
  • Access to interbank liquidity through MT5 Bridge technology.
  • 12 new timeframes.
  • More than 20 new technical indicators.
  • Built-in strategy tester.
  • Interactive charts.

Alpari Trading Instruments

The brokerage firms offer 250+ CFDs instruments, including Forex, Metals, Commodities, Stocks and Indices.

Alpari Commission & Spreads

  • The spread is fluctuating for trading.
  • The broker also offers Swap-free accounts for trading.
  • The brokerage company charges the spread based on the account types and tradable assets.
  • In forex and metal trading, the broker charges 3 USD.
  • In Indices trading, the broker charges 7 USD.
  • In commodities trading, the broker charges 4 USD.

Alpari Leverage

  • The brokerage company offers a 1:1000, which is the maximum leverage for the investors.
  • The broker offers leverage in forex trading is 1:500.

Alpari Deposit and Withdrawal

  • The deposit and withdrawal option of Alpari is via Credit Card, Cryptocurrencies, FasaPay, Neteller, etc.
  • A trader can deposit an unlimited amount of money into the trading account.
  • Alpari doesn’t charge any commission while trading in the market.
  • The base currencies of the Alpari are USD, EUR, RUB, GOLD, BTC.

Alpari Educational and Research Support

Alpari provides various educational and research tools on the website covering all important points that are important for trading. The researching tools of the Apari are the Forex Economic calendar, FxWirePro, Autochartist, etc.

Alpari Customer Support

The brokerage company provides a customer support service to all investors. And also helps to give the best decision against your problem in trading. The customer support service employee of Alpari is having a lot of experience in trading. Also, an investor of Alpari is satisfied with their services and features.

Email: [email protected]

Phone number: +442 080 896 850

Address: 5th Floor, Nex Tower, Rue Du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius.

Final Verdict

Alpari service is extremely beneficial and fantastic for investors. The trading platform of Alpari provides a variety of expert-level tools and indicators, which is helpful to build a profit in the trading market. Moreover, an investor of Alpari gives positive feedback in the trading market for their features and functions.

Users' Reviews

JAMES CRADDUCK

2021-01-09
Great support and professional Consulting during the process of the Opening an account, let see i am excited to start trading with Alpari

JOHN DERRY

2020-12-22
I have yet to be approved on Alpari, but the customer support was great in helping me solve my situation and give me update on my current application status

ANONYMOUS

2021-01-15

Best Futures broker I have found. Have been with most Futures broker, Alpari services and platform combination outshines the competition by a mile. Not only do they give near instant response to service needs, but their platform is the most feature rich free platform I have seen in a long while. I feel as if I have finally found a company I am happy to grow my account with.

MICHAEL

2021-11-25
Just opened an account and their customer service has been nothing short of incredible. The reason this is 4 stars is because I have not used them to trade yet, but if their platform as great as their customer service, this would be a 6-star.

STEAVE K.

2021-01-31
Never lag or delay when place orders, even during peak minutes. Love the Live chat support, always nice and very helpful

DAVID MEYON

2021-01-22
Always available on chat for help. No problem (on small share size at least) with fills or order speed of execution. The platform gets regular updates with new features.