Alpari Review 2025

Our Rating
3.8

Why Trade With Alpari?

"Alpari is suitable for binary options traders who prefer short-term trading. They offer strong charting features, a rebate system, and require only a $5 deposit. Forex traders will appreciate the high leverage and narrow spreads. Additionally, Alpari's PAMM service is ideal for investors who prefer not to manage their trading."

US Flag USA not accepted
USD Account

Detailed Ratings

Average Broker Alpari Trust Platform Assets Fees Accounts Research Education Mobile Support 3.8

Quick Facts

Demo Account
Yes
Minimum Deposit
$5
Instruments
Forex, CFDs, Stocks, Commodities, Indices, Crypto
Platforms
MT4, MT5
Account Currencies
USD, EUR, GBP, CZK, NGN
Payment Methods
Bitcoin Payments, Credit Card, Ethereum Payments, FasaPay, Mastercard, Volet, Wire Transfer

Pros

  • Copy trading and PAMM services are also accessible for traders.
  • There are many fee-free funding options to choose from.
  • The broker provides up to 1:1000 leverage for skilled traders.
  • ECN accounts offer low or even zero commissions with narrow spreads.
  • Alpari has MT4 and MT5 platforms and supports Expert Advisors (EAs) for traders.

Cons

  • It's disappointing that there aren't as many educational resources as other options offer.
  • The market research and analysis tools are restricted.
  • The costs for strategy manager copy trading tools are quite high.

Alpari Review. Alpari (Comoros) Ltd is a global forex and CFD broker. It offers both MT4 and MT5 trading platforms. Users will find details on minimum deposits, bonuses, and account types. The regulation status of Alpari (Comoros) Ltd is noted, helping traders determine if it’s a sound investment option. Whether you’re a beginner, experienced, or professional trader, Alpari provides essential tools and features.

Key takeaways

  • Alpari is a great choice for traders needing high leverage, offering up to 1:1000 in standard accounts.
  • Trade on MetaTrader4 with low spreads starting from 0.4 pips and no commissions.
  • Enjoy fee-free deposits and multiple withdrawal options.
  • Experience with a free unlimited demo account is available.
  • Regular and ECN accounts cater to different trading styles.
  • Fund your account via VISA, Mastercard, bank transfer, Skrill, and more.
  • A mobile app supports trading on Android and iOS devices.
  • Alpari is regulated in Mauritius, India, and Japan.
  • Benefit from up to a 30% bonus on deposits.

Trading Platform

Alpari (Comoros) Ltd offers user-friendly MetaTrader 4 and 5 platforms with a dealing desk, perfect for flexibility and charting. You can choose versions for iOS, Android, Desktop, or WebTrader, making it ideal for new traders. Experienced traders might prefer Alpari Direct for high-volume trades and advanced features.

The MT4 MicroAccount provides instant order execution with 50% margin calls and 30% stop outs. The standard MT4 account also allows instant execution but has a 60% margin call. For seasoned traders, the ECN accounts promise 100% margin calls, though pending orders cap at 300.

Markets

Alpari provides access to a range of popular financial markets:

  • 10 major US stocks
  • Over 60 Forex pairs
  • Commodities like gold, natural gas, silver, and crude oil
  • 11 global equity indices

How to Trade on Alpari

Trading with Alpari lets you profit without owning physical assets. Here’s a rundown of the trading vehicles available on their platforms:

  • CFDs – These contracts let you benefit from asset price changes without owning them. Trade stocks, indices, and forex with leverage at Alpari.
  • Futures – Agree to buy a commodity like gold at a future date. Profit if its price rises before the contract expires.
  • Options – You can choose to buy or sell a security at a set price later. You’re not obligated to complete the transaction.
  • Spot Trading – Trade assets in real-time markets. Go long if you expect prices to rise or short if you believe they’ll drop.
  • Fix Contracts – These binary options are beginner-friendly. Know potential profits or losses upfront. Alpari offers various options with short expiries.

Always trade responsibly, as losses can occur with each investment vehicle.

Spreads & Commission

Alpari is known for offering competitive spreads, such as 0.4 pips on major currency pairs. Account type affects these spreads. The micro MT4 account begins at 1.7 pips for major Forex pairs.

A standard MT4 account provides spreads starting at 1.2 pips on major Forex pairs. Experienced traders can choose the ECN account, which offers spreads from 0.4 pips for major pairs.

Professional traders interested in individual stocks should consider the ECN Pro account, which has no commission, unlike the ECN account that charges $3 per lot round trip.

Leverage

Alpari offers different leverage limits based on account type. The MT4 MicroAccount provides leverage up to 1:400, while the ECN and standard MT4 accounts offer up to 1:1000. However, as your trade size grows, leverage decreases, reaching 25:1 for values above $8 million. Regulatory rules limit leverage for cryptocurrencies and stocks. Full leverage details are on their website. Note that some multipliers and products aren’t available in EEA countries due to legal restrictions.

Mobile App

Alpari offers the MetaTrader 4 and MetaTrader 5 apps for download on iOS and Android. MetaTrader 4 includes three chart views and 30 trade indicators. MetaTrader 5 provides financial news updates, market depth details, and a full set of orders.

Payment Methods

Alpari International provides a speedy and safe deposit process. You can use the following methods:

  • Debit cards
  • Credit cards
  • Local transfer
  • FasaPay
  • ADVcash
  • Crypto

Withdrawal times vary by method. Bank transfers might take 3-5 days. Electronic payments usually process within 1 day.

First-time withdrawals require identity verification via email or phone. Most withdrawal methods have no fee, but electronic wallets charge 0.5% to 2%. Bank transfers have a EUR 30 fee.

Demo Account

Try Alpari’s free demo account to learn trading risk-free without depositing funds. Access both MT4 and MT5 platforms and test popular trading strategies. Your demo account comes with virtual funds, offering a practical way to master trading skills.

Deals and Promotions

Alpari offers regular promotions like a loyalty cashback program, giving rebates for every traded lot. There are five levels of rebates, and each can be withdrawn as cash. Check the promotions area often for new incentives, such as deposit top-ups, which can boost your deposits by up to 30%. Always review the terms and conditions to confirm promotion eligibility.

Regulation and Licensing

Alpari International has been a reliable broker for over 20 years. Licensed by The Financial Services Commission of Mauritius, they ensure compliance with rules.

Their trading features include negative balance protection, helping prevent your account from dipping below zero after market shifts.

If disputes arise, as a Financial Commission member, they offer an external resolution process. You could receive compensation up to EUR 20,000 if claims are decided in your favor.

Additional Features

Alpari offers a Copy Trading feature perfect for beginners or those short on time. It lets your account mirror the moves of experienced traders, known as strategy managers. You can check out the top-ranking managers and choose whom to follow. If you’re eager to learn trading basics, Alpari provides educational tools. Open the ‘Learn to Trade’ tab to access beginner-friendly articles like ‘The Beginner’s Guide to Trading’. Alpari serves many countries, but a few are excluded, including the USA, Russia, and Canada.

Account Types

Alpari offers a demo account and four real-money trading accounts. These include standard accounts and enhanced ECN types. The basic accounts are the MT4 MicroAccount and the standard MT4 account, both using market-maker execution. For experienced traders, there are the standard ECN account and the ECN Pro Account, which provide instant execution. Some trading markets might be restricted for certain accounts. You can choose from four base currencies:

  • USD
  • EUR
  • GBP
  • NGN (exclusive to clients in Nigeria)

By supporting Nigerian Naira, Alpari International shows its dedication to making trading accessible, as Nigeria is a key market for them.

Company Details

Alpari, established in Mauritius in 1998, is a key player in the trading world. The brand’s refresh in 2013 marked a new beginning for its global presence, catering to over 2 million clients worldwide. Alpari offers a modern platform, appealing to traders of all skill levels, with 250 trading instruments. The website is user-friendly and reflects Alpari’s dynamic nature. As a trusted entity, Alpari is under the regulation of the Financial Services Commission (FSC).

Benefits

Alpari International attracts both new and seasoned traders with its appealing trading conditions. You can start with as little as 5 EUR. Enjoy competitive spreads and margins, with leverage up to 1:1000 on standard accounts. Lower margins apply in the commodity futures market compared to equities and options. Advanced traders benefit from better spreads, a loyalty program, and the chance to become a Strategy Manager. This role lets you share in the volume of trades. Diversify your portfolio with Alpari’s broad range of commodities. Additionally, they offer binary options, a simple ‘yes or no’ choice, perfect for beginners. Start trading with as little as 1 USD on their user-friendly desktop and mobile platforms.

Drawbacks

Alpari has its strengths and weaknesses as a trading platform. Let’s start with the positives. Alpari’s Strategy Managers tool lets you copy trades, but it comes with a EUR/USD/GBP 100 fee. This fee can be challenging for new traders making small deposits. The good thing is, Alpari provides simple explanations for key trading terms, making it easier for beginners.

On the downside, Alpari does not offer research tools. This can hinder your ability to track market information effectively, though MetaTrader 5 does provide helpful news articles. Another drawback is the recent decision to stop offering cryptocurrency trading, which might disappoint some traders.

Trading Hours

Alpari has specific trading hours for various instruments (GMT):

  • Forex Markets: 00:05 to 23:55
  • Forex RUB: 09:00 to 21:00
  • Spot Metals: 01:05 to 23:55
  • Spot Commodities: UK Brent, US Crude, and US Natural Gas from 01:00 to 23:45; others from 03:00 to 23:45
  • Stock Trading: 16:31 to 22:59
  • Spot Indices:
    • Australia 200, Europe 50, France 40, Japan 225, UK 100, US SPX 500, US Tech 100, Wall Street 30: 01:30 to 23:00
    • Germany 30: 09:30 to 22:30
    • Spain 35: 09:30 to 20:30
    • Hong Kong 50: 03:45 to 18:30
  • Cryptocurrencies:
    • Bitcoin, Ethereum, Litecoin vs USD: 00:05 to 23:55
    • Ripple vs USD: 01:00 to 23:45

Customer Support

Rating: 2.8

Alpari excels in providing support and guidance through live chat, email, and phone. Their website is accessible in 9 languages, including Chinese, Persian, and English. The customer support team, located in Mauritius, is available 24/5, and they respond to urgent queries on Sunday afternoons.

  • Telephone: +442 080 896 850
  • Email: customersupport@alpari.org
  • Address: 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene, 72201, Republic of Mauritius

A live chat service is also offered.

Safety and Security

Alpari ensures your personal details are secure with a reliable payment provider. Transactions are managed by Al Accept Solutions Limited and FR Global Services Ltd.

Registering is quick. Just click ‘Register’ at the top right of the site. Enter your details and verify them with a PIN sent to your phone or email. After verification, log in and complete your profile.

Whether you choose a demo or full-paid account, you’ll provide personal and financial information. Proving your identity and residency requires documents like a passport, utility bills, National ID, or bank statements.

Alpari keeps your details for 7 years after you close your account. They prioritize security by following strict standards and using the latest tech to protect your data.

Alpari Verdict

Alpari stands out for its user-friendly platform and quick signup process. Both new and experienced traders will find the variety of accounts attractive. Alpari is favored for its low margins in Forex trading. They offer valuable advice and guidance, keeping them appealing to modern traders. Despite past regulatory and insolvency challenges, the underlying product remains solid.

Alternatives To Alpari

These similar brokers are the highest rated alternatives to Alpari.

  1. 1
    Trust Platform Assets Fees Accounts Research Education Mobile Support 3.6
    Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    0.01 Lots
    Leverage
    1:200
    Copy Trading
    No
    Regulator
    FINMA, JFSA, FCMC
    Instruments
    CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options
    Platforms
    JForex, MT4, MT5
    Account Currencies
    USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN
    Automated Trading
    Yes (EAs & FIX APIs)
    AI
    No
    Guaranteed Stop Loss
    No
  2. 2
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3
    Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
    Demo Account
    Yes
    Minimum Deposit
    $0
    Minimum Trade
    $100
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
    Instruments
    Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
    Platforms
    Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
    Account Currencies
    USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF
    Automated Trading
    Capitalise.ai & TWS API
    AI
    Yes
    Guaranteed Stop Loss
    No
  3. 3
    Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5
    Videforex, started in 2017, is a platform that grants access to stock, index, crypto, forex, and commodities markets through binary options and CFDs. Its specialized platform, mobile app, and integrated copy trading are suitable for new and less frequent traders. By offering market analysis tools and hosting trading contests, Videforex helps to enhance your trading expertise.
    Demo Account
    Yes
    Minimum Deposit
    $250
    Minimum Trade
    $0.01
    Leverage
    1:500
    Copy Trading
    Yes
    Regulator
    No
    Instruments
    Binary Options, CFDs, Forex, Indices, Commodities, Crypto
    Platforms
    TradingView
    Account Currencies
    USD, EUR, GBP, AUD, RUB
    Automated Trading
    Yes
    AI
    No
    Guaranteed Stop Loss
    Yes
LOADING...