7/10 (Expert Score)
Company is rated as #17 in category Forex Brokers

Alpari review: Alpari is a global forex broker that has been operating since 1998. The company has offices in several countries, including the UK, Russia, Belize, and Mauritius. Alpari offers a range of financial instruments, including forex, CFDs, metals, and cryptocurrencies. In this review, we will explore the various features and services offered by Alpari.

One of the key advantages of Alpari is its reputation as a trusted and established forex broker, with over 20 years of experience in the industry. This long-standing reputation has helped to establish Alpari as a popular choice among traders, with a significant user base and a range of trading platforms and tools to suit different needs and preferences. Additionally, Alpari offers a wide range of trading instruments, including forex, commodities, stocks, and indices, allowing traders to diversify their portfolio and take advantage of different market conditions.

Alpari


The platform offers several account types, including Standard, ECN, and Pro accounts. The Standard account is designed for beginners and has no commission fees, while the ECN account has lower spreads but charges a commission fee. The Pro account is designed for professional traders and requires a minimum deposit of $50,000.

Trading Terminals:

Metatrader 4
Metatrader 5

Awards:

award

“Best Cryptocurrency Broker” at the Forex Awards 2020

award
award

“Best Forex Broker in Africa” at the Forex Expo Dubai 2020

award
award

“Best Investment Product on the Forex Market” at the Finexpo Awards 2021

award
πŸ’΅ Currency:USD, EUR, GBP, JPY, CHF, and more
πŸ’° Min depositFrom $20
βš–οΈ LeverageUp to 1:1000 for Forex and precious metals
πŸ’± SpreadFloating from 0.0 pips
πŸ’Ή MarketsForex, Stocks, Indices, Cryptocurrencies, Precious Metals, Energies
πŸ“± Mobile appsiOS, Android
πŸ—ΊοΈ HeadquartersMauritius, Russia, Saint Vincent and the Grenadines
Advantages:
  • Low minimum deposit
  • Multiple trading platforms
  • Educational resources
  • Wide range of markets
Disadvantages:
  • Limited customer support
  • High fees for some account types

Overall Alpari Review

Overall, Alpari is a reputable forex broker with a long history of providing reliable trading services to traders around the world. Its range of trading platforms, competitive spreads, and educational resources make it an attractive option for both beginner and experienced traders. However, the limited payment options may be a drawback for some traders.

Go to Alpari website

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Top Reviews

Best customer reviews of Alpari

The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.

I have been trading with Alpari for over a year now and I must say that their trading platform is one of the best in the market. The execution is fast and the spreads are competitive. The customer support is also very helpful, always available to assist me with any issues. Overall, I am very satisfied with my experience trading with Alpari.

Vitaliy Oblomski
Vitaliy Oblomski
Ukraine

On one hand, the trading conditions are good and the platform is user-friendly. However, I have had some issues with the withdrawal process. It took longer than expected and there were some additional fees that I was not aware of. I think Alpari needs to improve their communication about these issues.

Jan Jansen
Jan Jansen
Netherlands

I regret opening an account with Alpari. Their trading platform is unreliable and I have experienced several issues with my trades being executed at the wrong prices. The customer support has not been helpful in resolving these issues and I have lost money as a result.

Vlad Okorov
Vlad Okorov
Russia

Expert Review

Expert Review of Alpari

I have been working in the financial sector for more than 10 years, and I can confidently say that Alpari is one of the most reliable and professional brokers in the forex market. Their platform has many tools which allows traders to maximize their profits as well as protect their capital.

I have been recommending my clients to work with Alpari for many years because I know that they offer excellent quality services and their support team is always ready to help solve any problem. The broker is also regulated by several regulators, including FSC and CySEC, which makes their work even safer and more transparent.

However, just like any other broker, Alpari has its drawbacks. For example, high spreads on some instruments as well as lack of options for clients from some countries. In addition, some accounts may charge commissions, which may be an unpleasant surprise for some traders.

Overall, I recommend Alpari as a great broker for those looking for a reliable forex trading partner. They offer a wide range of instruments, an excellent level of technical support, and have a good reputation in the industry.

Roman_Mukhin
Roman Mukhin
Financial expert and analyst at TradersHero.com

Risk Warning! Trading with Alpari carries the risk of potential losses due to market volatility, leverage, and other factors.

Copy Trading

Investment Programs

Copy trading on the Alpari exchange allows traders to automatically copy the trades of other successful traders in real-time. Alpari offers its own copy trading platform called CopyTrade, which allows traders to browse and select from a wide range of signal providers based on their trading history, profitability, and risk level. Once a signal provider is selected, the trader can set up automatic copying of trades to their own account, with the ability to adjust the lot size and stop loss levels.

Copy trading is a process of copying trades of successful traders by other traders. It allows beginners and experienced traders to follow the actions of more experienced participants of financial markets and automatically repeat their transactions in their accounts.

The CopyTrade platform also offers a social network where traders can communicate with each other, share trading strategies, and discuss market events. Additionally, Alpari offers a wide range of educational resources to help traders learn how to use copy trading effectively and develop their own trading strategies.

While copy trading can be a useful tool for beginner traders to learn from more experienced traders, it's important to note that there are still risks involved. Signal providers may have different risk tolerances than the trader, and past performance is not always indicative of future results. It's important for traders to thoroughly research and understand the signal providers they are considering copying, and to carefully monitor their own account to ensure that they are comfortable with the trades being copied.

how to use the CopyTrade
To use the CopyTrade feature on Alpari, follow these steps:
Sign up
Log in to your Alpari account.
Choose a signal
Go to the “CopyTrade” section.
Subscribe to a signal
Browse through the list of available traders and select one that you would like to follow.
Set up your preferences
Choose the amount of funds you would like to allocate to copying the trader's strategy.
Monitor your account
Review and confirm the settings.
Manage your positions.
The system will automatically copy the trades of the selected trader to your account.

Remember, copy trading carries risks, and it's important to carefully consider your personal circumstances, risk appetite, and financial goals before engaging in copy trading activities on Exness.com or any other platform.

One of the key distinctions of copying trades at Alpari is the unique protection technology against unwanted copying of trades by signal providers, which helps maintain trading stability and avoid negative consequences in case of errors. Alpari also offers plenty of quality signals from experienced traders and a wide range of copying tools lets you customize trading according to your individual needs and trading style.

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Conditions

Trading Conditions for Alpari Traders

Trading Terminals:

Metatrader 4
Metatrader 5

Alpari offers various trading conditions for traders depending on their level of experience and trading preferences. For beginners, the company offers a Standard account with a minimum deposit of $20 and a maximum leverage of 1:1000. This account also has floating spreads starting from 1.2 pips and no commissions.

For more experienced traders, Alpari offers a Pro account with a minimum deposit of $500 and a maximum leverage of 1:1000. This account has lower spreads starting from 0.4 pips and a commission of $3 per lot. In addition, Pro account holders have access to the Autochartist tool, which provides technical analysis and trading signals.

For those who prefer trading with ECN technology, Alpari offers an ECN account with a minimum deposit of $300 and a maximum leverage of 1:100. This account has floating spreads starting from 0.0 pips and a commission of $1.5 per lot.

All trading accounts with Alpari offer access to the MetaTrader 4 and MetaTrader 5 trading platforms, as well as mobile and web-based versions of these platforms. In addition, traders can use various trading instruments such as Forex, stocks, commodities, and cryptocurrencies.

Alpari also provides various educational resources and tools for traders, including daily market analysis, webinars, trading signals, and an economic calendar. Traders can also benefit from the company's copy trading service, which allows them to automatically copy trades of successful traders.

Overall, Alpari provides a range of trading conditions and resources for traders of all levels and preferences.

πŸ’΅ CurrencyUSD, EUR, GBP, JPY, CHF, and more
πŸ’° Min depositFrom $20
βš–οΈ LeverageUp to 1:1000 for Forex and precious metals
πŸ’± SpreadFloating from 0.0 pips
πŸ’Ή MarketsForex, Stocks, Indices, Cryptocurrencies, Precious Metals, Energies
πŸ“± Mobile appsiOS, Android
πŸ’΅ Replenishment / Withdrawal:Visa/Mastercard, Bank Payments, Electronic Payments (Skrill, Neteller, and more)
🏦 Broker Type:ECN, Standard, Pro
πŸ“ž Customer ServicePhone, Chat, Email
πŸ‘©β€πŸ’Ό SupportMultilingual
πŸ‘¨β€πŸ’Ό Personal Account Managerβœ…
πŸ” Copy Tradingβœ…
πŸ”“ Demo accountβœ…
πŸ—ΊοΈ HeadquartersMauritius, Russia, Saint Vincent and the Grenadines

Risk Warning

Comparison

Comparison of Alpari with other FOREX Brokers

Trading platform
MT4, MT5
iOS, Android
Min Deposit
Leverage
Demo account
COPY TRADING
Trading platform
MT4,
MT5
MT4, MT5
iOS, Android
Min Deposit
$20
Leverage
1:1000
Demo account
COPY TRADING
roboforex
RoboForex
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Trading platform
cTrader, RMobileTrader, RStocksTrader, RWebTrader
MT4, MT5
iOS, Android
Min Deposit
$10
Leverage
1:2000
Demo account
COPY TRADING
tickmill
Tickmill
Learn more
Trading platform
WebTrader
MT4, MT5
iOS, Android
Min Deposit
$10
Leverage
1:300
Demo account
COPY TRADING
IC_Markets
IC Markets
Learn more
Trading platform
cTrader
MT4, MT5
iOS, Android
Min Deposit
$200
Leverage
1:500
Demo account
COPY TRADING
Trading platform
MobileTrading
MT4, MT5
iOS, Android
Min Deposit
$5
Leverage
1:1000
Demo account
COPY TRADING
Trading platform
MobileTrading, cTrader
MT4, MT5
iOS, Android
Min Deposit
$100
Leverage
1:200
Demo account
COPY TRADING

Broker comparison table of trading instruments

Alpari
VS
Tickmill
VS
IC Markets
Forex
VS
VS
Metalls
VS
VS
Crypto
VS
VS
CFD
VS
VS
Indexes
VS
VS
Stock
VS
VS
ETF
VS
VS
Options
VS
VS

Commissions

Alpari Accounts, Commissions & Fees

Alpari offers several types of trading accounts, each with its own unique features and trading conditions.

The Standard account is the most popular account type and requires a minimum deposit of $100. It offers fixed spreads starting from 1.2 pips and has no commission fees.

The Micro account is designed for traders who want to trade smaller volumes and is suitable for beginners. It requires a minimum deposit of just $20 and offers fixed spreads starting from 1.7 pips.

The Pro account is designed for experienced traders and requires a minimum deposit of $20,000. It offers ECN execution with floating spreads starting from 0.4 pips, but charges a commission of $3.00 per lot.

The ECN account is designed for traders who prefer trading with variable spreads and requires a minimum deposit of $300. It offers ECN execution with spreads starting from 0 pips and charges a commission of $1.50 per lot.

In addition to these accounts, Alpari also offers a demo account for traders to practice and test their trading strategies. The demo account is free and comes with virtual funds for trading.

Alpari charges no deposit fees and offers a variety of deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets such as Skrill and Neteller. However, fees may apply depending on the payment method and currency conversion.

Account typeDeposit currencyMin deposit (USD, EUR)LeverageStop OutHedged margin
nano.mt4USC (USD cents)
EUC (EUR cents)
β€Ž0β€Ž1:50010%50%
standard.mt4USD, EURβ€Ž20β€Ž1:1000 β€” 1:1020%50%
standard.mt5β€ŽUSD, EUR100β€Ž1:1000 β€” 1:1020%50%
ecn.mt4β€ŽUSD, EUR300β€Ž1:3000 β€” 1:260%50%
pro.ecn.mt4β€ŽUSD, EUR500β€Ž1:3000 β€” 1:260%50%
ecn.mt5β€ŽUSD, EUR500β€Ž1:3000 β€” 1:260%50%

Overall, Alpari's trading fees are competitive and transparent, with no hidden fees or charges. Traders can also benefit from their loyalty program, which offers cashback on trading volume and other exclusive rewards.

Risk Warning

Final review

Detailed review of Alpari

Alpari is a global online forex and CFD broker that has been providing its services since 1998. The broker offers trading on a wide range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies.

If you're a beginner looking for a forex broker, Alpari is an excellent choice that provides a wide range of trading options and educational resources to help you learn and improve your trading skills.

The platform offers several account types to cater to the diverse needs of traders. The standard account requires a minimum deposit of $20 and offers leverage of up to 1:1000, while the ECN account requires a minimum deposit of $300 and offers leverage of up to 1:300. The pro account requires a minimum deposit of $50,000 and offers lower spreads and commissions.

Note
Alpari is regulated by several financial authorities, including the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, the Financial Commission, and the International Financial Services Commission (IFSC) in Belize. This provides clients with a level of security and peace of mind when trading with the broker.

The platform offers several trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are widely used in the forex and CFD trading industry and offer a range of trading tools and features, including charting tools, indicators, and expert advisors.

Alpari offers customer support via phone, email, and live chat. The broker's support team is available 24/7 and is responsive and helpful.

Overall, Alpari is a reputable forex and CFD broker that offers a range of services and features to its clients. The broker's regulation, account types, trading platforms, copy trading service, education resources, and customer support make it a good choice for traders of all levels.

Advantages:

Wide Range of Trading Instruments: Alpari offers a diverse range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies, which allows traders to diversify their portfolios and potentially increase profits.
Innovative Trading Platforms: The platform provides traders with a choice of robust and user-friendly trading platforms, including MetaTrader 4 and 5, which are widely used and trusted by traders worldwide.
Multiple Account Types: Alpari provides several types of trading accounts with varying features and minimum deposit requirements to accommodate different traders' needs and preferences.
Competitive Trading Conditions: With tight spreads, flexible leverage, and no hidden fees, Alpari offers its traders competitive trading conditions that can potentially enhance their profits.
Educational Resources and Tools: The platform offers a wide range of educational resources and trading tools, including webinars, tutorials, market analysis, and more, to help traders improve their skills and make better trading decisions.
High Security Standards: Alpari has implemented advanced security measures, including two-factor authentication and SSL encryption, to ensure the safety of its traders' funds and personal information.

Alpari Regulator

Financial Conduct Authority (FCA)

Financial Conduct Authority (FCA) in the United Kingdom – The FCA is a well-respected regulatory body that oversees financial markets and firms to ensure they operate in a fair and transparent manner. Its oversight of Alpari ensures that the broker follows strict guidelines and procedures to protect the interests of its clients.

Regulator website: Financial Services Commission

Cyprus Securities and Exchange Commission (CySEC)

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission (CySEC) in Cyprus – The CySEC is another prominent regulatory body that supervises financial markets and firms in Cyprus. Its oversight of Alpari ensures that the broker complies with the EU's financial regulations, including MiFID II, which helps safeguard client funds and improve transparency.

Website: Cyprus Securities and Exchange Commission

International Financial Services Commission (IFSC)

International Financial Services Commission

Financial Services Commission of Belize (IFSC): The IFSC is the regulatory body responsible for overseeing financial services firms in Belize, where Alpari is registered. As a regulated entity, Alpari must follow the IFSC's regulations, which are designed to protect investors and maintain the integrity of the financial markets.

View International Financial Services Commission

Risk Warning

Promotions

Bonuses Paid by the Alpari

The specific bonuses that Alpari provides may change over time, but here are a few of the typical bonuses they offer:

Welcome bonus

Alpari offers a welcome bonus to new clients who make their first deposit. The bonus amount varies based on the deposit amount, but can be up to 100% of the deposit. The bonus can be used for trading and can be withdrawn once certain trading volume requirements are met.

Welcome bonus

Cashback program

Alpari has a cashback program where clients can receive cash rebates for their trading activity. The cashback amount is based on the volume of trades made each month and can range from $2 to $10 per lot traded.

Cashback

Refer-a-friend bonus

Alpari offers a bonus to clients who refer their friends to the platform. The bonus amount varies based on the amount deposited by the referred friend, but can be up to $50. The referred friend also receives a bonus on their first deposit.

Refer-a-friend bonus

Education

Review of the Alpari Education Program

Alpari offers a variety of educational resources and tools to help traders improve their skills and knowledge. Here are some highlights of the Alpari Education Program:

Webinars: The platform offers regular webinars covering a variety of topics, including trading strategies, technical analysis, and market news. These webinars are free for all clients and provide an opportunity to learn from experienced traders and market experts.
Trading Academy: The Alpari Trading Academy is an online learning platform that offers a range of courses for traders of all levels. The courses cover topics such as trading psychology, risk management, and technical analysis, and are designed to help traders improve their skills and make more informed trading decisions.
Economic Calendar: Alpari's Economic Calendar provides traders with up-to-date information on economic events and indicators that can impact the markets. This tool can be used to help traders plan their trades and identify potential trading opportunities.

Overall, the Alpari Education Program provides a comprehensive set of resources and tools for traders looking to improve their skills and knowledge. Whether you are a beginner or an experienced trader, there is something for everyone in the Alpari Education Program.

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latest posts

Rating and Comments

Alpari Users Reviews 2024

7.5 Total Score
16 reviews
Rating Overview

Based on all reviews

7Expert Score
Investment instruments
7
Deposits and withdrawals
6
Customer service
7
Trading platform
8
8User's score
Investment instruments
7.8
Deposits and withdrawals
7.3
Customer service
8.2
Trading platform
8.8
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Forex BrokersOverall Ranking
3 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 3.5
    Investment instruments
    70
    Deposits and withdrawals
    70
    Customer service
    70
    Trading platform
    70

    Alpari is an amazing platform for trading. The user interface is user-friendly, and their customer service is exceptional. I have been using this platform for several months now, and I have made good profits. Alpari has made trading so easy and accessible to everyone.

    Helpful(0) Unhelpful(0)You have already voted this
  2. 3.85
    Investment instruments
    80
    Deposits and withdrawals
    70
    Customer service
    90
    Trading platform
    70

    I have mixed feelings about Alpari. While the platform is easy to use, the fees for trading are quite high. Also, the customer service can be slow at times. I have had both good and bad experiences with Alpari, so I am neutral about recommending it.

    Helpful(0) Unhelpful(0)You have already voted this
  3. 2.25
    Investment instruments
    50
    Deposits and withdrawals
    20
    Customer service
    40
    Trading platform
    70

    My experience with Alpari has been terrible. I deposited a large sum of money, but when I tried to withdraw it, I faced a lot of issues. The customer service was not helpful, and it took a lot of time to resolve the issue.

    Helpful(0) Unhelpful(0)You have already voted this

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