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Alpari Broker Review

FX Scouts By Jeffrey Cammack Updated: February 16, 2020
Overall Rating
3.62 / 5
Min. DepositUSD 5
Max. Leverage1000:1
Min. Spread0.2 pips
RegulatorsFSC
Regulator Origin FSC
Broker TypeMarket Maker/ECN

Summary

A popular broker in Africa and Asia, Alpari has some great trading conditions across two standard accounts and two great value ECN accounts.

With a tiny minimum deposit on the micro account and an excellent ECN Pro account for professionals, Alpari is a broker for every trader. This is backed up by responsive customer service open seven days a week and support for the industry-leading MT4 and MT5 platforms.

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Good
Bonuses None
Our Review Process

Trading Conditions

Minimum DepositUSD 5
Base currenciesEUR, GBP, USD, NGN
Number of FX Pairs61
Hedging Allowed Yes
Scalping Yes
Swap-Free Accounts Yes

Average Spreads

EUR / USD0.2
GBP / USD0.4
USD / JPY0.4

Company Details

Company nameAlpari International
Founded2014
Website Visit Website
TypeMarket Maker/ECN
RegulatorsFSC
Office locations Port Louis, Mauritius

Deposit & Withdrawal Methods

Supported Platforms for Alpari

Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 3.62 / 5 3.69 / 5 3.85 / 5
Minimum DepositUSD 5USD 500USD 100
Regulation
FSC FSC
CySEC CySEC
CySEC CySEC
FSCA FSCA
Broker TypeMarket Maker/ECNMarket MakerMarket Maker
Trading InstrumentsCommodities, Cryptocurrencies, Forex, MetalsCommodities, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Metals, Equities, ETFs, Bonds
Forex Pairs614855
Crypto Pairs44
Read Full Review
Trust Rating 3.5 / 5 3.5 / 5 5 / 5
Trading Conditions 3.5 / 5 3.5 / 5 3.5 / 5
Trading Platforms 4.5 / 5 4 / 5 4.5 / 5
Deposit & Withdrawal 3 / 5 4.5 / 5 3 / 5
Education & Research 3 / 5 3 / 5 3 / 5
Assets Available 4 / 5 4.5 / 5 3.5 / 5
Customer Service 3.5 / 5 3 / 5 3.5 / 5
% Lose with this broker N/A 63.04% of retail investor accounts lose money when trading CFDs with this provider 71.36% of retail investor accounts lose money when trading CFDs with this provider
Leverage1000:1400:1300:1
Spread0.2 pips1.8 pips3.0 pips
Hedging Yes No Yes
Scalping Yes No Yes
Account Types
  • ECN Account (Professional)
  • Mirco Account (Mini)
  • Pro Account (Vip)
  • Standard Account (Standard)
  • Gold (Vip)
  • Islamic
  • Mini (Professional)
  • Platinum (Vip)
  • Standard (Professional)
  • VIP (Vip)
  • Exclusive (Vip)
  • Gold (Vip)
  • Micro (Mini)
  • Platinum (Vip)
  • Silver (Professional)
Swap Free Yes Yes No
Trading Platforms MT4, MT5 MT4, Sirix MT4, MT5, Sirix
Funding Methods Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, WebMoney, Bitcoin, VLOAD Visa, Mastercard, Maestro, Skrill, Neteller Bank Transfer, Visa, Mastercard, Skrill, Neteller
Trading Commission 3.2 USD / lot - ECN Accounts Fees Included in Spread Fees Included in Spread
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Overall Rating 3.62 / 5 3.69 / 5 3.85 / 5
Minimum DepositUSD 5USD 500USD 100
Regulation
FSC FSC
CySEC CySEC
CySEC CySEC
FSCA FSCA
Broker TypeMarket Maker/ECNMarket MakerMarket Maker
Trading InstrumentsCommodities, Cryptocurrencies, Forex, MetalsCommodities, Forex, Indicies, Equities, ETFsCommodities, Cryptocurrencies, Forex, Indicies, Metals, Equities, ETFs, Bonds
Forex Pairs614855
Crypto Pairs44
Read Full Review
Trust Rating 3.5 / 5 3.5 / 5 5 / 5
Trading Conditions 3.5 / 5 3.5 / 5 3.5 / 5
Trading Platforms 4.5 / 5 4 / 5 4.5 / 5
Deposit & Withdrawal 3 / 5 4.5 / 5 3 / 5
Education & Research 3 / 5 3 / 5 3 / 5
Assets Available 4 / 5 4.5 / 5 3.5 / 5
Customer Service 3.5 / 5 3 / 5 3.5 / 5
% Lose with this broker N/A 63.04% of retail investor accounts lose money when trading CFDs with this provider 71.36% of retail investor accounts lose money when trading CFDs with this provider
Leverage1000:1400:1300:1
Spread0.2 pips1.8 pips3.0 pips
Hedging Yes No Yes
Scalping Yes No Yes
Account Types
  • ECN Account (Professional)
  • Mirco Account (Mini)
  • Pro Account (Vip)
  • Standard Account (Standard)
  • Gold (Vip)
  • Islamic
  • Mini (Professional)
  • Platinum (Vip)
  • Standard (Professional)
  • VIP (Vip)
  • Exclusive (Vip)
  • Gold (Vip)
  • Micro (Mini)
  • Platinum (Vip)
  • Silver (Professional)
Swap Free Yes Yes No
Trading Platforms MT4, MT5 MT4, Sirix MT4, MT5, Sirix
Funding Methods Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, WebMoney, Bitcoin, VLOAD Visa, Mastercard, Maestro, Skrill, Neteller Bank Transfer, Visa, Mastercard, Skrill, Neteller
Trading Commission 3.2 USD / lot - ECN Accounts Fees Included in Spread Fees Included in Spread

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Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Most retail CFD accounts lose money. Your capital is at risk.

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