At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Alpari broker review.
Alpari is one of largest and most experienced forex brands in the world. With its dynamic new broker Alpari International, you’re trading with a global broker that is second to none. The brand has over 2 million clients in the world, operates from 8 different countries and offers its services in over 10 languages.
Alpari International works day and night to sustain a trading environment that helps everyone access the markets – from first-timers to those who’ve turned trading into a career. The perfect example of this is in the kind of spreads it offers – which is the first thing every serious trader looks at. For the EURUSD pair, for example, Alpari International offers 0.9 on Standard accounts and an incredible 0.1 on ECN accounts. That’s super competitive against some of the biggest brokers out there.
Its broad range of services enable you to get the best guidance, advice and resources to potentially build a richer future. Alpari International provides a forex trading environment that is trustworthy, reliable and technologically advanced, while ensuring every client receives impeccable customer service.
FX Primus is an award-winning international broker that offers more than just forex trading. The firm is established in the Republic of Mauritius and is regulated by the Financial Services Commission of New Zealand. FX Primus is a retail broker that offer expanded services such as white label and concierge accounts, marketing and even back office support for individuals who want to approach trading as a business.
In addition to forex, FX Primus also offers trading in contract for differences (CFD) instruments such as precious metals, energies, financial index products, and even equity securities that trade on the New York, NASDAQ and Hong Kong markets. Traders can choose between fixed and variable spreads that are competitive with those offered by other retail brokers. Premier spreads are similar to those enjoyed by institutional traders who are on Electronic Communication Networks, and they are available to FX Primus traders whose accounts reflect a certain balance and levels of trading activity.
|#||Broker's Features||ALPARI Availability||FXPRIMUS Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||✔||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||✔||❌|
|#||Interest charges on the balance||❌||❌|
|#||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 compare Alpari vs Fxprimus.
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 Gold, Silver, Bitcoin, while Fxprimus offers Commodities, Metals, Oil, Gold, Indices.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Alpari is Broker, while Fxprimus is STP.
Minimum Deposit Requirement: To compare these two FX brokers, 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, while Fxprimus has a Minimum Deposit Requirement of .
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 Mauritius, while Fxprimus regulated by CySEC. 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.
Account currencies: Next lets consider the Account currencies each broker offers. Alpari offers USD, EUR, GBP, NGN different account currencies for each account types, while Fxprimus offers USD, EUR, GBP, AUD, SGD account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Alpari offers English, Spanish, Simplified Chinese, Traditional, while Fxprimus offers English, French, Spanish, German, Russian, Italian Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Alpari offers Credit Cards, WebMoney, Neteller, Skrill, Bitcoin different payment methods for each account types, while Fxprimus offers Bankwire, Moneybookers payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Alpari makes MetaTrader 4, MetaTrader 5 available to clients, while Fxprimus offers MetaTrader4, FXPRIMUS WebTrader, iPhone, iPad.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Fxprimus is more reliable based on our criteria above. Fxprimus offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Fxprimus offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Fxprimus has a wider range of languages in which customer service is offered making the broker more accessible.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.