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||FXPRIMUS Availability||ALPARI 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 FXPRIMUS vs 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. FXPRIMUS offers Online Financial Trading and Investment Services Such as Commodities, Metals, Oil, Gold, Indices, while Alpari offers Gold, Silver, Bitcoin.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. FXPRIMUS is STP, while Alpari is Broker.
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. FXPRIMUS recommended minimum capital is , while Alpari has a Minimum Deposit Requirement of 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. FXPRIMUS is regulated by CySEC, while Alpari regulated by FSC Mauritius. 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. FXPRIMUS offers USD, EUR, GBP, AUD, SGD different account currencies for each account types, while Alpari offers USD, EUR, GBP, NGN account currencies.
Languages Available: Next lets have a look at each broker's different Language options. FXPRIMUS offers English, French, Spanish, German, Russian, Italian, while Alpari offers English, Spanish, Simplified Chinese, Traditional Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. FXPRIMUS offers Bankwire, Moneybookers different payment methods for each account types, while Alpari offers Credit Cards, WebMoney, Neteller, Skrill, Bitcoin payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FXPRIMUS makes MetaTrader4, FXPRIMUS WebTrader, iPhone, iPad available to clients, while Alpari offers MetaTrader 4, MetaTrader 5.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Alpari is more reliable based on our criteria above. Only Alpari offers demo account, allowing you to test their platform to see which is suitable for you. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Alpari broker offers lower minimum deposit requirement. Only Alpari provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
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.