Alpari Review

Alpari founded in 1998 in Russia, Alpari Limited is a trusted FX dealer with vast experience in the field of retail forex trading. Over the years, the Alpari group of companies has grown to become one of the most sought-after brands in the field of online trading.

During this time, they have expanded and developed their offering consistently to be at the forefront of the industry, with over two million customers in 150 countries worldwide.

But why, exactly, have over two million clients chosen to trade with Alpari? Alpari provides a forex trading environment that places a strong emphasis on trustworthiness, customer safety, and using technology that is both reliable and innovative. It is this emphasis on the customer experience that has seen so many clients return to the Alpari trading platform over the years.

In terms of what you can trade on Alpari, it puts on emphasis on providing you the means to diversify your trading and investment options. This means you can trade on more than 250 markets via Spot, CFDs and Futures across Forex, Stocks, Indices, Metals and Cryptocurrencies, on the MetaTrader 4 and MetaTrader 5 Desktop, Web and Mobile platforms. Most importantly, Alpari put an emphasis on allowing you to trade and invest in a way that suits you best. As such, you are given the option of choosing from two Standard Accounts and two ECN Accounts.

The standard accounts are aimed more at the casual retail trader and consequently has a lower minimum deposit requirement and slightly higher spreads on average. In contrast, the ECN accounts are geared towards professional day traders and have lower spreads, but require a higher minimum account deposit. And another option is an automatic ECN technology via MT4 Bridge, which connects Alpari’s servers to the ECN, means trader’s orders executed at market price.

One of Alpari’s company missions is to help traders using the platform to realise their full potential. As such, not only are the trading conditions very favourable, it also has a full-featured ‘Learn to Trade’ section on their website, which provides both rookie and more experienced traders a number of educational resources to level up their trading skills. This includes webinars, beginners guides, and trading strategy guides for forex, commodities, and precious metals.

Another added bonus is that Alpari has a ‘Refer a Friend’ promotion on the website, which allows you to earn up to $50 for each person you refer to the platform—a great way to give yourself some extra funds to play with! Additionally, Alpari also runs a number of limited-time promotions through their website, including a cashback scheme for loyal users.

When you choose Alpari International, you’re trading with a global broker that is second to none. They work day and night to create and sustain a forex trading environment that helps everyone access the markets – from first-timers to those who’ve turned trading into a career.

Is Alpari safe or a scam?

Most recently, Alpari modernized the configuration it uses on its various trading accounts. Whether you are new to trading or consider yourself a highly experienced investor, Alpari has the right account level for you. Their main accounts are divided into two sections and vary depending on the platform of your choice. The two categories are trading and investing.

Some of the features are listed below:

Standard Accounts:

Account type	Forex Standard Account, MT4	Forex Micro Account, MT4
Account Currency	USD / EUR / GBP / NGN	USD / EUR / GBP / NGN
Leverage / Margin requirements	Floating from 1:1000	Fixed 1:400
Maximum deposit
Minimum deposit	$/€/£ 100, ₦20 000	$/€/£ 5, ₦1 000
Commission
Order execution	Instant Execution	Instant Execution
Spread	From 1.2	From 1.7
Margin Call	60%	50%
Stop Out	40%	30%
Swap-Free
Limit Stop Levels	1 spread	1 spread
Pricing	5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals	5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals
Trading Instruments	Majors, Minors, Exotics, RUB - 61 Spot Metals - 5 Spot CFDs - 14	Majors, Minors - 25 Spot Metals - 2
Instrument Naming	EURUSD_i	EURUSD_m
Minimum Volume per Trade	0.01	0.01
Step Lot	0.01	0.01
Maximum Volume per Trade	30	1
Maximum Number of Orders	unlimited	1000
Maximum Volume of Orders	50	5
Maximum Number of Pending Orders	100	100

We give some special benefits between Standard and Micro to make your choice easier.

ECN Accounts

Account type	Forex ECN Account, MT4/MT5	Forex Pro Account, MT4
Account Currency	USD / EUR / GBP / NGN	USD / EUR / GBP / NGN
Leverage / Margin requirements	Floating from 1:1000	Floating from 1:300
Maximum deposit
Minimum deposit	$/€/£ 500, ₦20 000	$/€/£ 25 000
Commission	1.5$/lot per side
Order execution	Market Execution	Market Execution
Spread	From 0.4	From 0.4
Margin Call	100%	120%
Stop Out	80%	100%
Swap-Free	MT4: Yes MT5: No	MT4: YesYes MT5: XNo
Limit Stop Levels	N/A	N/A
Pricing	MT4: 5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals MT5: 5 decimals for FX (3 on JPY pairs), 3 decimals for Spot Metals	5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals
Trading Instruments	MT4: Majors, Minors, Exotics, RUB - 56 Spot Metals - 3 Spot CFDs - 14 Crypto-Currencies - 4 MT5: Majors, Minors, Exotics, RUB - 57 Spot Metals - 2 Spot CFDs - 13	Majors, Minors, Exotics - 54 Spot Metals - 3
Instrument Naming	EURUSD	EURUSD
Minimum Volume per Trade	0.01	0.01
Step Lot	0.01	0.01
Maximum Volume per Trade	50	250
Maximum Number of Orders	unlimited	unlimited
Maximum Volume of Orders	unlimited	unlimited
Maximum Number of Pending Orders	300	300

There is a free demo account available, which can be used as a risk-free way to learn how to trade without depositing any funds. You will have access to both the MT4 and MT5 platforms, where you will be able to test out a variety of popular trading strategies.

Your demo account will be loaded with virtual funds, so you can take a practical approach to learning the art of trading.

Opening a live/demo account seems quick and easy by clicking here. This then leads to the registration page, as shown below:


Clicks on ‘Send Pin’, Pin will be sent to your email or phone and can be used to complete the registration page above. Once logged in, users are then asked to complete their profile with the following information:



Once completed Registration page users will be logged in to their very own Alpari International dashboard where they can open and manage different accounts, download different trading platforms, make deposits and withdrawals, view any promotions and access client support. Clicks ‘Open New Account’ the following options appear:

As in the picture above, you can choose any account type as you want: live trading account, a live trading account for Alpari Invest, a demo trading account and an investment account.

With Alpari Invest, traders can access the Alpari Copy Trading service where users can follow Strategy Managers of their choosing. Traders can also apply to be a Strategy Manager and earn through commission fees.

Alpari International does not provide services to residents of the USA, Mauritius, Japan, British Columbia, Quebec, Saskatchewan Haiti, Suriname, the Democratic Republic of Korea, Russia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Tajikistan, Uzbekistan, Turkmenistan, Ukraine and Georgia.

Alpari offers a wide range of broker products including Commodity CFDs, Index CFDs, Stock CFDs, Spot Metals, and ETF CFDs. Additionally, the company also offers binary trading where binaries can either be in spot metals or currencies.

Alpari International operates a web-based MetaTrader 4 and MetaTrader 5 platform, with a dealing desk. Both platforms will provide a great level of flexibility, including modern and intuitive charting tools and simple navigation.

The Alpari website is mobile friendly. This means that clients can conveniently trade through their mobile devices. Last year, the company introduced Alpari Mobile Application in an effort to provide traders with unbeatable financial markets’ information.

There are 4 possible platform versions to choose from Desktop WebTrader, iOS and Android. As a result, traders can visit Apple App Store or Google Play Store to download trading applications.

Users can also download their chosen trading platforms directly from the broker’s homepage, or through the ‘My Platforms’ section, once logged in to their account. The following trading platforms are available:


Which MT4, MT5 is better? We compare MT4 and MT5 to make your choice easier.


We have made the popular MT4 and MT5 platforms available for all Alpari International clients. The new and updated version of MT5 boasts state-of-the-art features including options for hedging, while MT4 is slightly less advanced and more suited to traders who are new to the markets. Not sure which one to go for? You’ve come to the right place. We compare and contrast the two MetaTrader platforms for you here.

Features	Description	MT5	MT4
Order Execution Types	Number of supported types of order execution.	4	3
Partial Order Filling Policies	Partial edit option where a trade that is now available with maximum volume is executed, not exceeding the volume requested in the order, and unfilled volume is cancelled.
Order Fill Policy	Additional order execution conditions	Fill or Kill Immediate or Cancel Return	Fill or Kill
Pending Order Types	Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future.	6	4
Netting	Having one open position of a financial instrument only.
Hedging	Having multiple positions of a financial instrument, both in the same and opposite direction
Market Depth	Bids and offers for a financial security at different prices depending on the volume
Technical Indicators	Technical indicators are used to automatically detect patterns in the financial instrument price dynamics	38	30
Graphical Objects	Analysis tools that help to identify financial instrument price trends, to detect cycles and support / resistance levels, to build channels and more	44	31
Timeframes	Group quotes of financial instrument in time intervals.	21	9
Economic Calendar	A fundamental analysis tool which features macroeconomic news from numerous countries that can affect financial instrument prices
Email System	Built-in email service, where you can receive notifications from Alpari International straight to your platform.	Yes (with attachments)	Yes (without attachments)
Strategy Tester	EA tester and optimization modes.	Multi-threaded + Multi-currency + Real ticks	Single thread
Embedded MQL5.community chat	Chat with other traders directly from the platform

Deposits

Depositing funds into an Alpari International account is very convenient and secure process. There are various funding methods available as below:

Most deposit methods are commission free

If a user is logged in to their account, they can also view additional options through selecting ‘My Money’ and ‘Deposit Funds’ tabs on the left side of the page, as shown below:

How to Make a deposit to your Alpari International

1. Fill out the Fund Deposit form in MyAlpari – found in the ‘MyMoney’ section as below - and press ‘Confirm’.
2. On the redirected page, you will need to sign in to complete the payment.
3. Take a screenshot of your transfer in your bank, and make sure your full name, bank account number and transaction to Alpari International is clear.

Withdrawals

Withdrawals are generally made through the same channel that deposits have been made through. Alpari International add no charges of their own to any fees which may be charged by such payment processors.

Alpari provides customer support via email, chat, and telephone. High-quality customer support services are offered to all clients regardless of their status or type of account.

Live Chat is clearly visible on the website making it easily accessible to traders. Agents are highly-responsive, easy to talk to, and pick calls almost instantly to respond to inquiries from traders.

They offers customer support in multiple languages including English, Spanish, Portuguese, Indonesian and many more.

If you are looking to learn the basics of trading, there are a variety of trader education tools. Simply open the ‘Learn to Trade’ tab and you will find articles such as ‘The Beginner’s Guide to Trading’.


They also offers seminars and webinars to traders to ensure that they have all the necessary trading information.

But, they do not offer any research tools on their website or within their trading platform. However, some MetaTrader platforms do offer news directly from the platform.

Overall the trader education offering is very limited.

Alpari is a very reputable broker with many years of experience. They pride themselves in the success of traders.

They are most likely the most trusted broker online offering a broad range of competitive services and products to both new and experienced traders.

The financial markets are accessible to both large and small investors alike, as Alpari’s most popular account type has a minimum deposit requirement of just USD/EUR 5. Leverage spreads and margins are also extremely competitive with floating leverage from 1:1000 offered on the Standard Account.

Alpari International also offers a wide range of deposit and withdrawal methods which come with varying fees – some methods are free and some methods have fees.

Clients of Alpari International can trade on multiple asset classes including Forex, Stocks, Metals, Indices, Stocks and Cryptocurrencies on the globally recognised MetaTrader 4 or MetaTrader 5 trading platforms. These are available on Desktop, Web and through a Mobile Trading App.

There are a variety of trading options available to suit the needs of each individual investor. For those that lack the time or confidence to trade but still wish to experience the thrill of the markets, the broker offers Alpari Copy Trading. This innovative investment service allows you to automatically copy the trades of more experienced traders. After browsing throughout the broker’s Top-Ranking Strategy Manager page and choosing a Strategy Manager to follow, their trades will instantly be copied into your account. or apply to become a Strategy Manager and earn through commission fee

In addition to their unbeatable products and services, They have an excellent customer support staff and their website, which can be accessed in multiple languages, is easy to use and highly responsive.

Alpari International also offer a "Refer a friend" program and other regular promotions to its clients like Loyalty Cashback.

They are certainly shining amongst the vast competition, and its determination to remain a modern and exemplary broker is making the company an extremely attractive choice for today’s investors.

Yet, we would be glad to know your personal opinion about Alpari, you may share your experience in the comment area below, or ask us for some additional information if required.