Accepts traders from Malta
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90
Points
Overall
92
Points
Commissions & Fees
93
Points
Licensing & Safety
90
Points
Platforms & Tools
Each broker we review is judged on the same 10 key areas. We include different instruments and holding positions overnight. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. We look for specific features such as customizability and trading signals.
90+Number of instruments
Open Account
2,000,000+ Traders
Regulated by
FCAFCA

Alpari International review

29 March 2021 - Kate Leaman

In this review of Alpari International, our expert team takes you through everything you need to know about the broker. Alpari was established in 1998 and currently boasts over 2 million clients worldwide. The broker offers a high-quality STP/ECN trading experience, with accounts to suit all types of traders. You can choose from over 60 instruments, including forex pairs, metals, and CFDs. Alongside a great range of markets and strong safety measures, Alpari also comes with a great reputation as it has won multiple industry awards.

Unfortunately, Alpari International does not accept clients at the moment. We advise you to sign up with FXTM.

  • Pro60+ tradable instruments
  • ProECN and STP accounts
  • ProLicensed by FSA Mauritius
  • ProThe best broker for leveraged trading
  • ConLimited educational materials

Alpari International overall scores

In this review, you can find all the information you need to decide whether Alpari International is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how Alpari International scored in each of our high-priority categories.

Commissions & Fees
92 Points
Payments
96 Points
Licensing & Safety
93 Points
Customer Service
96 Points
Trading Platforms & Tools
90 Points
Education
88 Points

Alpari fees and commissions

Trading fees at Alpari International are relatively competitive. The broker manages to avoid commissions on the majority of its trading accounts (aside from ECN), while in-trading spreads are very accessible. Our Alpari International reviewers were also happy to find that the broker doesn’t charge for deposits, and that withdrawal fees are reasonable. Overall, our Alpari review shows that the convenient fee levels make this broker perfect for both experienced and beginner traders.


Our experts have reviewed Alpari’s fees based on how they compare with the fees of other reviewed brokers. For each broker, we analyze both trading fees and non-trading fees:

–      Trading fees are charged every time you place a trade. They include spreads, commissions, overnight and rollover fees, and currency conversion fees.

–      Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker. They include payment fees and inactivity fees.

Below you will find a snapshot of the fees charged at Alpari. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either

Trading Fees*
Type of Fee Cost
Minimum Spread EURUSD (pips) 1.2
Commission (%) 0%
Commission on Islamic Accounts (%) 0%

*Based on Standard account type.

Non-Trading Fees
Account Fee N
Inactivity Fees Y
Deposit Fees N
Withdrawal Fees N

Alpari International trading fees

During this review of Alpari International, our experts found that the broker’s trading fees are quite low and accessible. Spreads differ depending on which asset class you trade, naturally, but the broker does display all information on the website. This allows you to calculate the cost of your trades with ease.

To make things even more straightforward for you, we’ve broken down the fees you can expect when trading different instruments below.

Forex fees

When trading forex, you can enjoy floating spreads that start from 0.2 pips. To give you a more realistic idea of forex spreads, however, we’ve calculated the average spreads for each type of currency pair:

  • Major currency pairs – 0.3 pips
  • Minor currency pairs – 2.8 pips
  • Exotic currency pairs – 14.7 pips

Spot metal fees

The two metals available at Alpari, Spot Gold and Spot Silver, also come with very shallow spreads. Spreads on XAUUSD start at 18 pips, whilst XAGUSD can be traded for as little as 3.3 pips.

Alpari International commissions

When it comes to commissions, Alpari only charges these if you choose the Forex ECN MT4/MT 5 account. The fees are fixed per lot and vary depending on which base currency you open your account with.

  • Forex/Metals – 3 USD/lot per round trade, 2.6 EUR/lot, 2.35 GBP/lot, or 1,095NGN/lot
  • Indices – 7 USD/lot per round trade, 6 EUR/lot, 5.5 GBP/lot or 2,555 NGN/lot
  • Commodities4 USD/lot per round trade, 3.5 EUR/lot, 3.15 GBP/lot or 1,460 NGN/lot
  • Cryptocurrencies*15 USD/per round trade, 12.5 EUR/lot, 11.5 GBP/lot or 5,400 NGN/lot

*Availability subject to regulations

Financing/Overnight rates

Alpari charges you overnight swap fees you decide to keep your trades open for a longer time than a single day. The swap rates are going to vary depending on the position type you take, as well as the actual interest rate differentials between the currencies in your specific pair.

Our Alpari International reviewers were pleased to find that swap fees are displayed clearly on the broker’s site. This is highly beneficial if you are a beginner trader, as it means you don’t need to worry about unexpected charges, and it shows that Alpari is committed to being transparent at all times. 

Non-trading fees

Alpari International allows you to benefit from fee-free deposits. This is made all the more impressive when you consider the huge range of payment methods the broker supports. It is rare that a broker does not impose fees on at least a few international depositing options.

Although Alpari International does charge commissions for withdrawals, these are only small. For withdrawals made by card, you’ll be charged 2 EUR/3 USD/2 GBP per transaction. Luckily, there’s also a wide range of free withdrawal methods you can use.

We’ve also discovered during this review of Alpari forex broker that the broker charges inactivity fees. If you don’t log in to your account for longer than six months, you’ll have to pay 5 USD/EUR/GBP per month. This again is reasonable compared to brokers of the same caliber.


Alpari International safety

Customer safety is one of the main priorities at Alpari. You can see this by the fact the broker has maintained a great reputation throughout its long history in the market. In addition to offering a license from the FSA of Mauritius, Alpari International is also a member of The Financial Commission. This independent body facilitates clients’ fund protection and a dispute resolution mechanism. Overall our Alpari reviewers feel confident that this is a trustworthy broker for you to trade with.


Pros
Cons
ProFSC Mauritius license
ProProtection of funds up to 20,000 USD
ProSegregated funds
ProNo negative balance protection

Alpari International licenses and regulation

Alpari International is licensed by the Financial Services Commission of Mauritius, with license number C113012295. They obtained this license in 2013. 

While the Financial Services Commission of Mauritius is not the strictest regulatory body in the world, it is still effective at ensuring licensed brokers deliver quality services to their clients. 

This broker is also a member of The Financial Commission. An international and independent organization, the FC offers brokers and traders a way to resolve disputes using an objective third party.

Is Alpari International safe?

Our review methodology considers several factors to ensure that all of our recommended brokers are safe and reputable. Alongside the number and strength of licenses, we also consider:

  • What protection and/or insurance Alpari offers should something go wrong
  • Alpari’s reputation, history, and management

Alpari International client protection

As Alpari is a member of The Financial Commission, you are protected by the Financial Commission Compensation Fund when you trade with this broker. This is available to all clients, no matter which country you are based in.

Client Protection
Country
Legal Entity
Protected Up To
Regulators
International
Alpari International Limited
€20,000
The Financial Commission

Our Alpari International reviewers also discovered that the broker has a strict fund segregation policy. Under this, all of your trading funds are held in separate bank accounts to the broker’s operational funds. This protects your money in the unlikely event that the broker becomes insolvent.

Alpari International background and reputation

The Alpari brand was founded in 1998 in Russia. They quickly earned a good reputation and began to expand internationally in 2000. In 2016, Alpari International moved its headquarters to Mauritius. By the end of 2017, Alpari International had grown to an annual trading turnover of $1.3 trillion. Currently, the broker boasts more than 2 million clients. 

The Alpari Group is owned by Exinity Limited, which is run by Andrey Dashin. The same company is also behind FXTM, another highly popular forex broker. Our reviewers were pleased to find this company information Is freely available as it shows the broker is forthright and honest. Alpari International also submits regular financial statements to its regulators, which provides transparency in Alpari’s financial activities.

This broker has earned a series of awards, including FX Empire Awards’ 2017 Most Innovative Broker and 2017 Most Reliable Broker for binary options.

It is worth noting that Alpari used to operate under several licenses, including those from CySEC, the UK’s FCA, and the NFA. Whilst this could make it seem that the broker has lost some safety features in recent years, it is actually quite natural for a broker to change its regulation and licenses as different markets impose new rules.


Opening an account with Alpari International

Creating a live trading account at Alpari International is both quick and easy. You can complete the process on either mobile or tablet and it only takes a few minutes of your time. The minimum deposit amounts are reasonable too and there’s a huge array of funding methods to choose from.


Is Alpari International available in your country?

During our Alpari broker review, our team has found out that the broker is available in over 150 countries globally.

Unfortunately, however, there are still some areas that aren’t covered by Alpari. This includes the USA, Mauritius, Japan, Haiti, Suriname, the Democratic Republic of Korea, Russia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Tajikistan, Uzbekistan, Turkmenistan, Ukraine, Georgia, New Zealand, and Canada.

How to open an account at Alpari

To give an accurate review of Alpari International, our expert team registered for a new trading account and documented the process. Creating an account at Alpari is as simple as it could get and the whole process took less than five minutes. This is far quicker than what you can expect at other brokers.

To open an Alpari International account, simply follow the steps below.

  • Step 1

    Fill in your full name, country of residence, email address, telephone number, and create a password. Click ‘Send Pin’.

  • Step 2

    Enter the PIN you have received via telephone or email into the corresponding box, accept the terms and conditions, and click ‘Register Now’.

  • Step 3

    Input various personal details, such as gender, date of birth, and full address.

  • Step 4

    Confirm your tax residence status, tax identification number, and source of funds.

  • Step 5

    Select your account type, base currency, leverage, and trading account password

  • Step 6

    Fund your account and start trading.

What you will need to open an account

As this review of Alpari International forex broker shows, you will need a specific list of personal details and documents to create an account at Alpari: 

  • Personal information – your full name, gender, date of birth, email address, phone number, and full postal address
  • Regulatory information – your tax residency details, including tax identification number and source of funds
  • Documentation – the scanned copy of both front and back sides of your credit/debit card (if you’re depositing and withdrawing via this method)

To open an account with Alpari, you’ll need to provide proof of identity and proof of address. This process allows Alpari to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering.

What is the minimum deposit at Alpari International?

The minimum deposit to open a live trading account with Alpari International ranges from just 5 USD to 25,000 USD depending on which account type you select. If you are a new trader you are bound to find the smaller minimum deposit convenient, as it means you aren’t pressured into making a long financial commitment.

Here’s the full list of minimum deposit requirements found during this Alpari review: 

  • Forex Micro Account MT4 – 5 USD/EUR/GBP, or 100 NGN
  • Forex Standard Account MT4 – 100 USD/EUR/GBP, or 20,000 NGN
  • Forex ECN Account MT4/MT5 – 500 USD/EUR/GBP, or 20,000 NGN
  • Forex Pro Account MT4 – 25,000 USD/EUR/GBP

Alpari International payment methods

Alpari International supports dozens of financial platforms that you can use for deposits and withdrawals. This includes a variety of international e-wallets and localized solutions. Usually, deposits are processed instantly, whereas withdrawals take 1-2 days. This is very quick in comparison to other brokers. Alpari also offers you a range of 4 base currencies (USD, GBP, EUR, or NGN), which means you can avoid transaction charges as you trade. Do note, however, that NGN accounts are only available to clients in Nigeria.

Payment Methods
Method
Depositing time
Accepted currencies
Depositing fee
Max. deposit
Withdrawal
Withdrawal time
Minimum withdrawal
Withdrawal fee
Visa
Instant
EUR, USD, GBP
No Commission
N/A
Y
24 Hours
N/A
2 EUR/ 3 USD/ 2 GBP
Mastercard
Instant
EUR, USD, GBP
No Commission
N/A
Y
24 Hours
N/A
2 EUR/ 3 USD/ 2 GBP
Maestro
Instant
EUR, USD, GBP
No Commission
N/A
Y
24 Hours
N/A
2 EUR/ 3 USD/ 2 GBP
Bank Wire Transfer
3-5 Business Days
USD, GBP, EUR
No Commission
N/A
Y
24 Hours
N/A
30 EUR
Skrill
Instant
EUR, USD, GBP, PLN, CZK
No Commission
N/A
Y
24 Hours
N/A
N/A
Neteller
Instant
EUR, INR, USD, GBP, PLN, NGN
No Commission
N/A
Y
24 Hours
N/A
N/A
GlobePay
Instant
GBP, USD, EUR
No Commission
N/A
Y
24 Hours
N/A
N/A
TC Pay Wallet
Instant
USD, EUR, AED
No Commission
N/A
Y
24 Hours
N/A
N/A
VLOAD
Instant
USD, EUR
No Commission
N/A
Y
24 Hours
N/A
N/A
WebMoney
Instant
USD, EUR, RUB
No Commission
N/A
Y
24 Hours
N/A
2%
Perfect Money
Instant
USD, EUR
No Commission
N/A
Y
24 Hours
N/A
0.5%
Bitcoin
24 Hours
BTC
No Commission
N/A
Y
24-48 Hours
N/A
1%
FasaPay
Instant
USD, IDR
No Commission
N/A
Y
24 Hours
N/A
0.5%
Palestinian Local Transfer
24 Hours
ILS
No Commission
N/A
Y
24 Hours
N/A
N/A
South East Asia Online Banking
Instant
MYR, THB, IDR, VND
No Commission
N/A
Y
24 Hours
N/A
1.4%
Turkish Local Transfers
24 Hours
TRY
N/A
N/A
Y
24 Hours
N/A
N/A
Indonesia Local Transfers
24 Hours
IDR
N/A
N/A
Y
24 Hours
N/A
N/A
Indian Local Transfers
24 Hours
INR
N/A
N/A
Y
24 Hours
N/A
N/A
TC Payment
1 Hour
-
-
-
Y
24 Hours
N/A
N/A
Latin American Solutions
1-2 Business Days
MXN, BRL
No Commission
N/A
Y
3-4 Business Days
N/A
Brazil: 3.2%, Mexico 1%+1 EUR
Latin American Solutions via Skrill
1-2 Business Days
USD
No Commission
N/A
Y
3-4 Business Days
N/A
N/A
Pakistani Local Transfers
24 Hours
PRK
No Commission
N/A
Y
24 Hours
N/A
N/A
Afgan Local Transfers
24 Hours
AFN
N/A
N/A
Y
24 Hours
N/A
N/A
Nigeria Local Wire Transfer
1 Business Day
NGN
No Commission
N/A
Y
24 Hours
N/A
0%
Online Banking Malaysia
Instant
MYR
No Commission
N/A
Y
24 Hours
N/A
2%
Online Banking Indonesia
Instant
IDR
No Commission
N/A
Y
24 Hours
N/A
2%
Online Banking Thailand
Instant
THB
No Commission
N/A
Y
24 Hours
N/A
N/A
China Online Banking
24 Hours
CNY
No Commission
N/A
Y
48 Hours
N/A
N/A
Online Banking Vietnam
Instant
VDN
No Commission
N/A
Y
24 Hours
N/A
N/A
Nganluong (E-wallets and Banking)
Instant
VDN
No Commission
N/A
Y
24 Hours
N/A
1.1% + 0.05 USD
Iraq Local Transfers
24 Hours
IQD
No Commission
N/A
Y
24 Hours
N/A
N/A

Alpari International account types

As our review of Alpari International forex broker shows, there are four different live trading accounts to choose from. These accounts span across the STP and ECN platforms, and all offer access to various instruments and tools. Thanks to the different entry points for each account, Alpari successfully caters to all sorts of traders. With the following table, you can compare the broker’s account types with ease.


Account Types
Minimum Deposit
Max Leverage
Minimum Order Size
Spreads
Commission
Available Instrument Types
Available Instruments (Number)
Trading Platforms
Automated Trading
Execution Type
Forex Standard Account MT4
100 USD/EUR/GBP or 20,000 NGN
1:1000
0.01 Lots
1.2 Pips
0%
Forex, Metals, CFDs
80
MetaTrader 4
Y
Instant
Forex Micro Account MT4
5 USD/EUR/GBP or 1,000 NGN
1:400
0.01 Lots
1.7 Pips
0%
Forex, Metals
27
MetaTrader 4
Y
Instant
Forex ECN Account MT4/MT5
500 USD/EUR/GBP or 20,000 NGN
1:1000
0.01 Lots
0.4 Pips
1.5 USD per side
MT4: Forex, Metals, CFDs, Cryptocurrencies* / MT5: Forex, Metals, CFDs, Stocks
MT4: 77 / MT5: 72
MetaTrader 4/5
Y
Market
Forex Pro Account MT4
25,000 USD/EUR/GBP
1:300
0.01 Lots
0.4 Pips
0F
Forex, Metals
57
MetaTrader 4
Y
Market

*Availability subject to regulations.

Demo accounts

During our Alpari broker review, our team has also found out that you can also create a demo account on the platform. There are no restrictions on this account type, meaning you can trade as much as you want with virtual money that is automatically refilled. On top of that, all account types support demo trading, meaning you can try out both STP and ECN options.

Islamic accounts

Whilst Alpari International does offer swap-free accounts, these are not completely designed for Islamic traders. As such, swap-free status is only available for 2-7 days, depending on which instrument you are trading. If you keep positions open for more than the swap-free allowance days, a swap fee will be eventually charged. The good news is that this means the account is still Sharia-compliant, so long as you remember to close your positions on time.

Swap-free versions are available on all account types, except for ECN and Pro accounts that are using MT5. You will also not be allowed to trade exotic pairs with a swap-free account, although this is pretty standard across the industry.


Alpari International trading platforms

Trading at Alpari International is facilitated by two of the most widely-used platforms in the industry: MetaTrader 4 and 5. For both of these platforms, Alpari makes all of its trading instruments accessible, which means your platform choice doesn’t affect your actual experience. Our Alpari forex broker reviewers were also pleased to find that both MT4 and MT5 are accessible on mobile and web, and include the full range of research and charting tools.


Alpari offers 2 trading platforms. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools too.

To ensure that we only recommend high-quality brokers, our reviewers have tried and tested each of Alpari’s trading platforms. When doing so, they considered a range of factors including how easy the platforms are to use, what features each trading platform offers, and how suited each platform is to different types of traders.

Trading Platforms

MetaTrader 4

With MetaTrader 4, you’re signing up for an Alpari trading package that contains a maximum of 77 trading instruments, including forex pairs, metals, and CFDs. You can also use 30 technical indicators and 31 graphical objects to increase your chances of success. 

As our Alpari review reveals, trading robots are available for both MT4 and MT5. When it comes to trading signals and order types, there is a decent collection of tools for you to use too. Our team had no difficulties in using Alpari’s MT4 platform on desktop, web browser, and even on mobile.

MetaTrader 5

All of the above-mentioned features that make MT4 a great trading platform are also available within MetaTrader 5. And on top of that, this platform takes some of the features to the next level. It adds:

  • 8 new technical indicators
  • 13 more drawing tools
  • 12 new timeframes
  • Multi-threaded strategy tester
  • Buy stop limit and sell stop limit orders
  • MLQ5 community chat
  • Market depth tool

Besides these new features, MT5 is still accessible to all platforms mentioned above – desktop, web browser, and smartphone.

Mobile trading

You can download both MT4 and MT5 on your iOS and Android devices. These are MetaQuotes apps that take advantage of the typical features, in addition to those embedded by Alpari, such as additional technical indicators, trading orders, and more.

What is the execution policy at Alpari?

Our team of reviewers was able to find out during this review of Alpari forex broker that you can access both STP and ECN platforms. With Standard and Micro accounts you’ll use instant executions, whereas with Forex ECN and Forex Pro accounts market execution is available. Market execution is faster and more reliable, yet with these accounts you do pay commission fees. 

Instant execution accounts will have occasional requotes from the broker, whereas those that facilitate the market execution have none. The maximum number of pending orders at Alpari is 100 for Standard and Micro accounts, and 300 for Forex ECN and Forex Pro accounts. You’ll also benefit from fractional pip pricing to the fifth decimal point, which allows the broker to calculate spreads more accurately.


Alpari International markets and products

By signing up for Alpari International, you’ll have over 60 trading instruments at your fingertips. These instruments span five different asset classes; forex currency pairs, metals, spot CFDs, cryptocurrencies, and stocks. Whilst the availability of some instruments is dependent on your account type, all of them have favorable leverage amounts. You can also take advantage of the broker’s copy trading platform, which is perfect if you are a beginner trader. Please note, the availability of cryptocurrencies is subject to regulations.


Instrument Number
Currency Pairs 60
Commodities 0
Precious Metals 5
Indices 11
Stocks and Shares 10
Cryptocurrencies 4
Options 0
ETFs 0

Currency pairs

There is a total of 60 currency pairs available to trade at Alpari. This includes 19 major pairs, 20 minor pairs, and an impressive 19 exotic pairs. There are also two Russian Ruble pairs (EURRUB and USDRUB), which are rarely offered by other brokers.

When trading forex with Alpari, our reviewers also found that you can enjoy leverage of up to 1:1000 for major pairs, 1:500 for minors, and 1:300 for exotics. It’s worth noting, however, that all leverage ratios at Alpari International are tied to the notional volume traded.

Precious metals

If you are looking to diversify your portfolio, or to trade a safe-haven asset, you’ll be pleased to know that Alpari International features both silver and gold pairs. Gold can be traded against USD, GBP, or EUR, whilst silver can only be traded against GBP or USD.

Yet again, Alpari International offers generous leverage amounts on these instruments, of up to 1:500.

Indices

Alpari also features 13 different global indices on its platform, which span Australia, Europe, Asia, and America. As such, no matter which countries market’s you’re interested in, you have a chance to put your knowledge to good use.

Stocks

If you opt for the ECN MT5 account, you’ll have access to 10 different stock CFDs. These cover huge companies, such as Alphabet Inc (#GOOGL_Cash), Amazon (#AMZN_Cash), and Johnson & Johnson (#JNJ_Cash). This allows you to trade the news and to put your fundamental analysis to good use.

Cryptocurrencies

The final asset class at Alpari is cryptocurrencies. These are traded as contracts for difference (CFDs), which means you don’t own the underlying asset and don’t need to bother with a crypto wallet. Instead, you can trade Bitcoin, Litecoin, Ripple, and Etherum against the USD with leverages of up to 1:100. Due to regulations, however, Alpari cannot offer cryptocurrency CFDs to all clients. 

Social trading

If you are just starting out in the forex industry, or simply want to adopt a more hands-off approach, you’ll appreciate the Alpari CopyTrade platform. With CopyTrade you can start social trading with as little as 100 USD. The platform allows you to follow the trades of Strategy Managers to increase your profit chances. You can also browse Strategy Managers by risk profile or return rate to find one which suits your trading style.


Alpari International research tools

Unfortunately, Alpari International falls behind its competitors when it comes to research and analysis. Although both MT4 and MT5 come complete with technical indicators, and MT5 has an inbuilt economic calendar, the broker doesn’t offer any proprietary tools. Whilst in some ways this makes the broker slightly less convenient for new traders, you can source these features elsewhere.


Alpari International Research Tools
News (from top-tier sources) N
Trading Signals and Indicators Y
Trade Ideas N
Expert Analysis N
Autochartist Tools N
Sentiment Charts N
Economic Calendar Y

Trading signals and indicators

Although our reviewers were disappointed to find that Alpari International does not offer any of its own research tools, the good news is that you can still take advantage of everything offered on the MetaTrader platforms.

Access to over 30 technical indicators, including Fibonacci Retracement and Bollinger Bands, helps you to conduct thorough technical analysis. With MetaTrader 5, you can utilize all of the trading signals offered by the MLQ5 community, and chat with other traders too.


Alpari education and training

The educational section at Alpari may not be the most impressive offering in comparison to other brokers, yet you can still access comprehensive trading guides that cover popular topics. You can also sign up for daily webinars, that offer market analysis and Q&A sessions with experts. Our Alpari International review team also found that the broker’s flexible demo account is great for both new and experienced traders.


Alpari International Educational Features
Demo Account Y
Platform Tutorial Videos N
Educational PDFs N
Live Webinars Y
YouTube Videos N
Trading Academy Y
Trading Glossary N

Live Webinars

Alpari International hosts daily webinars with industry experts. These are offered in the evening, which is perfect as it suits most people’s schedules. The available webinars cover a range of topics, such as market analysis, strategies, and Q&A sessions. At the time of writing, upcoming webinars include ‘Bollinger Band Strategies’ and ‘Q&A on Volatility’.

Trading Academy

Through the Alpari International website, you can access four different trading guides; a beginner’s guide to trading, a trading strategies guide, a commodities trading guide, and a metals trading guide. All of these are very comprehensive yet easy to understand.


Alpari customer support

As part of this review of Alpari International forex broker, our experts reached out to customer support several times and were more than impressed. The broker provides you with live chat, email, and phone channels so that you can get in touch in a way that’s comfortable for you.


Pros
Cons
ProFast responses
ProAvailable 7 days a week
ProHelpful team
ProMany ways of communication
ConNone

Here’s a complete list of contact details of Alpari: 

Email support

Email support at Alpari is available 24 hours a day, from Monday to Friday. You’re also covered at the weekend, as agents are on hand on Saturdays from 11:00 to 16:00 GMT+2, and on Sundays from 12:00 to 20:00. Our reviewers found response times were reasonable, and all of our queries were answered straight away.

Phone support

Via phone support, you get the same competent team of agents, yet you also get the benefit of immediacy. The phone support also functions between the same hours as email support, which means you’re never stuck for too long.

Live chat

The live chat button is accessible on every page of the website. The moment you press the button, the agent immediately enters the chat with no waiting times whatsoever. We were really impressed by the fast and helpful responses we received from the service team, once more reinforcing the fact that Alpari is a customer-oriented broker.

Alpari mobile compatibility

A decent broker website cannot get away with a sloppy mobile version, which is something that you won’t see at Alpari. No matter the device or the web browser you’re using, the broker’s website will function just as smoothly as it does on desktop. Through the user-friendly interface, you can access all of the tools and platforms, including the ability to create a live trading account.


Alpari International – Our verdict

Our Alpari International review has uncovered an accomplished broker with a long history of reputable operations. It offers better than average trading conditions, a wide range of markets, and a variety of trading accounts suited to all types of traders. As such, our experts happily recommend using this broker. 

You can trade with confidence knowing that you are supported by an FSC Mauritius license, and the additional client protected offered by The Financial Commission. Whilst the broker lacked educational and research tools, they make up for this with knowledgable customer support agents who are more than happy to help.

Sign up at Alpari in a few easy steps to start your trading career today.

Alpari International Final Summary
Minimum Deposit (USD) 5
Licenses FCA, -.
Max. Leverage 1:1000
Client Protection Y
Broker Type STP/ECN
Number of Instruments 90+
Currency Pairs 60
Stocks 10
Cryptocurrencies 4
CFDs Y
Proprietary Trading Platform N
MT 4 Y
MT 5 Y
Mobile Compatible Y
Research Tools Y
Educational Materials Y
Payment Methods Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
24/5 Customer Support Y
Live Chat Y

*Availability of cryptocurrency CFDs is subject to regulations.

 

Alpari information

  • Year Founded: 1998
  • Company Trading Names: Alpari Limited
  • Licenses: FSC Mauritius
  • Headquarter Address: 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius
  • Phone Number: +442 080 896 850

Risk Disclaimer: Alpari offers CFD products. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our methodology: This review of Alpari has been created using accurate data and unbiased facts. To test the broker, we have used our unique and detailed methodology, which assesses over 200 criteria points in 10 key areas. This guarantees that all of our reviews are fair and extensive.

We update our methodology and our reviews regularly. Methodology updates are made so that new broker features and products are taken into consideration. Review updates ensure that all the information we provide is current and correct.


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