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.
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 Olymp Trade broker review.
Olymp Trade is an international online trading platform that has offered its services since 2014. The “Olymp Trade” brand belongs to Smartex International Ltd., which is registered in St. Vincent and the Grenadines. The company has 20 mln. customers worldwide and seeks to make Forex trading transparent and affordable to everyone. Activities are regulated by the International Financial Commission.
The company offers trading totally without spread, displaying only one price per each of the 42 assets. Apart from the currency pairs, this list consists of cryptocurrencies and metals.
|#||Broker's Features||OLYMP TRADE 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 Olymp Trade 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. Olymp Trade offers Online Financial Trading and Investment Services Such as Crypto-currencies, Currencies, Commodities, Indice, while Alpari offers Gold, Silver, Bitcoin.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Olymp Trade is Broker, 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. Olymp Trade recommended minimum capital is 10, 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. Olymp Trade is regulated by IFC, 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. Olymp Trade offers dollar, euro, ruble, Brazilian real, Thai baht, Ch 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. Olymp Trade offers English, Thai, Indonesian, Portuguese, Spanish, Tu, while Alpari offers English, Spanish, Simplified Chinese, Traditional Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Olymp Trade offers Credit Card, QIWI, Skrill, Webmoney, Bitcoin, Yand 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, Olymp Trade makes Olymp Trade platform available to clients, while Alpari offers MetaTrader 4, MetaTrader 5.