Alpari Review 2019 | Is Alpari a Scam or Legit Forex Broker?

Read our Alpari review to find out if Alpari is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.7/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
100% Complete (danger)
5.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
# Broker's Features ALPARI Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Alpari.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Alpari offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks.

Tradable Products: Alpari has a rich history dating back to 1998. In 2014, Alpari relaunched as Alpari International which is the business name of Exinity Limited, a company that is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Alpari is ECN, STP.

Features: Alpari International offers additional trading options such as Alpari Copy Trading.

Executing Trades:

Alpari allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Alpari offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Alpari recommended minimum capital is $5.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Alpari is regulated by FSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: {!Products!}Alpari has a rich history dating back to 1998. In 2014, Alpari relaunched as Alpari International which is the business name of Exinity Limited, a company that is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius.{!Products!}

Account currencies: Next lets consider the Account currencies each broker offers. Alpari offers USD, EUR, GBP, NGN different account currencies for each account types.

Account Openning: Alpari International offers four main types of trading accounts called Standard MT4, Micro MT4, Pro MT4 and ECN MT4/5. They also offer a Stocks Trading account, as well as a swap-free account, the use of a free demo trading account and an Alpari Invest account.

Alpari offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.

Languages Available: Next lets have a look at each broker's different Language options. Alpari offers English, Spanish, Simplified Chinese, Traditional.

Payment methods: Next lets have a look at each broker's payment options. Alpari offers Credit/Debit Cards, WebMoney, Neteller, Skrill, Bitcoin different payment methods for each account types.

Deposit and withdrawal: Alpari International offers a wide variety of funding options across a wide range of currencies using the likes of credit and debit cards, bank wire transfer, Neteller, Skrill, VLoad, FasaPay, Pakistani Local Transfers, Online Banking Malaysia/Vietnam/Thailand and many more.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Alpari makes MT4, MT5 available to clients.

Web & Desktop Trading Platforms: Alpari International offers the globally recognised MetaTrader suite of trading platforms including MetaTrader 4 and MetaTrader 5 for Windows Desktop, as well as MetaTrader 4 and MetaTrader 5 Web Trader.
Mobile Trading Platforms: Alpari International offers the MetaTrader trading app for both Android and iOS operating systems, as well as browser-based trading through the Alpari MT4 WebTrader platform.

Other

Trader Education
Alpari International offers some trading education posts but overall, it is very limited.

Promotions
Alpari International are currently running several bonus and promotional offers. However, these are time-based and may change over time.

Support
Alpari International offers 24 hours a day, 5 days a week – and limited times on the weekend- multi-lingual Live Chat support as well as email, phone and Telegram contact.

Recup
Alpari FS is a regulated broker with an unusually rich selection of learning and education material available to both demo and standard accounts. We recommend that you take a good look what they have on offer before you make a decision on your broker. Alpari has proven itself to be one of the important players in the competitive world of FX brokers, and it is a valid choice provided that their account offer suits your trading plan and vision.

Final Thoughts
Overall, Alpari delivers for traders that place high value on having access to some of the lowest margin requirements for forex, competitive spreads on several of its account types, and access to PAMM managers and portfolios to help the firm cater for self-directed and passive investors. The arrival of cryptocurrency CFDs is also a net positive for Alpari.

Trading Experience
Alpari International offers a variety of trading accounts that offer unique advantages to both beginner and advanced traders, as well as those interested in social trading.

Ruble denominated binary options trading accounts introduced by Alpari

Ruble denominated binary options trading accounts introduced by Alpari

In a move that confirms both its trust and belief in the potential held by the binary options market, which it entered in 2013, Alpari, which already offers trading in six different binary options types and numerous trading instruments, has recently officially announced its decision to introduce ...…

Published: Tuesday 29 October, 2019

Alpari now…speaks Hindi and Indonesian!

Alpari now…speaks Hindi and Indonesian!

Alpari is one of the most well known firms in the field of online retail forex and one which often makes head turn due to its innovative approach both on the services it offers and how it promotes them. As part of its strategy to expand into the Asia Pacific region and the Indian Subcontinent, wh...…

Published: Tuesday 29 October, 2019

Innovative approach by Alpari Russia for binary options client acquisition

Innovative approach by Alpari Russia for binary options client acquisition

Despite officially announcing a drop of 7% in trading activity across its entire operations in August, falling to $165 billion, Alpari remains a major player both in the forex as well as the binary options online retail trading scene.  Alpari is also known for being a firm that tends to often ado...…

Published: Tuesday 29 October, 2019

Spread High-Low Binary Options launched by Alpari Russia

Spread High-Low Binary Options launched by Alpari Russia

Alpari Russia, the Russian based arm of popular broker Alpari, which a major player in the online retail forex market in the Russian Federation had announced last week the launching of a new Binary Options platform in order to further expand and enhance its offering to its clients. Following this...…

Published: Tuesday 29 October, 2019

People Also Asked

Is Alpari regulated?
Yes, Alpari is regulated by top-tier regulators, FSC inclusive.
Where is Alpari based?
Alpari is based in Mauritius
How does Alpari make money?
Alpari charges a spread between the bid price and ask price. In some instances it also charges a commission.
How do I deposit in Alpari account?
With Alpari you can deposit money via the following means; Credit Card, FasaPay, Neteller, Skrill, Webmoney, Wire Transfer.
How do I withdrawal in Alpari account?
Alpari lets you request a withdrawal of funds from your account via the following means; FasaPay, Neteller, Skrill, Webmoney, Wire Transfer.
What is the minimum deposit for Alpari?
Alpari has $5 minimum deposit.
What are the available account base currencies with Alpari?
Alpari trading accounts are offered in USD, EUR, GBP, NGN. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Alpari?
Alpari has a maximum leverage is 1:1000 for professional traders.
How do I open an account with Alpari?
Opening an account with Alpari is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does Alpari use MetaTrader?
Alpari platforms: Yes, Alpari use MetaTrader as well as the following platforms: MT4, MT5
What type of broker is Alpari?
Alpari appears to be a ECN, STP broker which offers market access to a variety of traders.
Does Alpari accept US clients?
No
Does Alpari offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with Alpari: You can trade a wide variety of instruments with Alpari: Currencies, Commodities, Indices, Stocks

Are you Satisfied with what They Offer?