Are you trying to figure out which is a better broker, AMarkets or Alpari International? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Alpari International is the better of the two. Alpari International offers 90+ instruments, licenses from FCA, and fair trading fees.
In the tables below, you can compare the features of AMarkets and Alpari International side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked Alpari International higher than AMarkets.
| Methodology: This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive. |  |  |
| OPEN ACCOUNT | Review | Review |
| RATING | 90/100 | 90/100 |
| MIN. DEPOSIT | 100$€ | 5$ |
| REGULATED BY |  |  |
| BONUS | 25% | Cashback |
| MIN. SPREAD | 0.4 | 1.2 |
| MAX. LEVERAGE | 1:1000 | 1:1000 |
| CURRENCY PAIRS | 42 | 60 |
| TRADING INSTRUMENTS | 500+ | 90+ |
| TRADING PLATFORMS | MT4, MT5 | MT4, MT5, Mobile |
| DEPOSIT METHODS | Bank Transfer | Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more |
| TYPE OF BROKERS | Market Maker | STP/ECN |
| CUSTOMER SUPPORT | 24/5 | 24/5 |
| LANGUAGE SUPPORT | 10 | 8 |
| ESTABLISHED | 2007 | 1998 |
| USED BY | 350,000 Traders | 2,000,000+ Traders |
Does AMarkets or Alpari International have lower trading costs and fees?
To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.
To give an overall view of how cheap or expensive AMarkets and Alpari International are, we first considered the common fees on Standard Accounts. At AMarkets the average spread for the EUR/USD currency pair is 0.4 pips, whilst at Alpari International the spread is 1.2.
This shows that AMarkets is the better option for low-cost forex trading.
When it comes to non-trading fees, AMarkets charges for inactivity. Alpari International charges for inactivity. With this in mind, both brokers offer similar non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that Alpari International is the better option.
Trading Fees*
| TYPE OF FEE | AMARKETS | ALPARI INTERNATIONAL |
|---|---|---|
| Minimum Spread EURUSD (pips) | 0.4 | 1.2 |
| Commission (%) | 0 | |
| Commission on Islamic Accounts (%) | 0 |
*Based on Standard account type.
Non-Trading Fees
| TYPE OF FEE | AMARKETS | ALPARI INTERNATIONAL |
|---|---|---|
| Account Fees | N | N |
| Inactivity Fees | Y | Y |
| Deposit Fees | N | N |
| Withdrawal Fees | N | N |
Which broker is safer, AMarkets or Alpari International?
In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.
AMarkets is regulated by FSA(SVG) and does not offer client protection. Alpari International is regulated by FCA and does not offer client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that Alpari International is the safer broker.
Broker summary
| AMARKETS | ALPARI INTERNATIONAL | |
|---|---|---|
| Minimum Deposit (USD $) | 100$ | 5 |
| Licenses | FSA(SVG) | FCA |
| Max. Leverage | 1:1000 | 1:1000 |
| Client Protection | N | Y |
| Broker Type | Market Maker | STP/ECN |
| Number of Instruments | 500+ | 90+ |
| Currency Pairs | 42 | 60 |
| Stocks | 144 | 10 |
| Cryptocurrencies | 7 | 4 |
| CFDs | Y | Y |
| Proprietary Trading Platform | N | N |
| MT 4 | Y | Y |
| MT 5 | Y | Y |
| Mobile Compatible | N | Y |
| Research Tools | N | Y |
| Educational Materials | N | Y |
| Payment Methods | Bank Transfer | Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more |
| 24/5 Customer Support | Y | Y |
| Live Chat | Y | Y |
How many trading instruments are available at AMarkets and Alpari International?
AMarkets provides traders with 500+ instruments. This includes 42 currency pairs, 7 cryptocurrencies, and 144 stocks and shares. With AMarkets, you can also trade CFDs.
In comparison, Alpari International boasts 90+ tradable instruments. Alpari International offers 60 currency pairs, 4 cryptocurrencies, and 10 stocks and shares. Alpari International also allows CFD trading.
As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.
Markets and Products
| INSTRUMENT | AMARKETS | ALPARI INTERNATIONAL |
|---|---|---|
| Currency Pairs | 42 | 60 |
| Commodities | 11 | 0 |
| Precious Metals | 0 | 5 |
| Indices | 16 | 11 |
| Stocks and Shares | 144 | 10 |
| Cryptocurrencies | 7 | 4 |
| Options | 0 | |
| ETFs | 1 | 1 |
Which broker offers the best trading platform, AMarkets or Alpari International?
When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.
AMarkets provides you with the ability to trade via 2 trading platforms, and Alpari International has 3 trading platforms. Both brokers also offer research and trading tools, however Alpari International has more.
Overall, our experts agree that Alpari International boasts the better trading platform offering.
Research Tools
| TOOL | AMARKETS | ALPARI INTERNATIONAL |
|---|---|---|
| News (from top-tier sources) | Y | N |
| Trading Signals and Indicators | N | Y |
| Trade Ideas | N | N |
| Expert Analysis | N | N |
| Autochartist Tools | N | N |
| Sentiment Charts | N | N |
| Economic Calendar | Y | Y |
Which is better for beginners, AMarkets or Alpari International?
To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.
Considering this, our reviews show that Alpari International is the better broker for beginner traders as it offers a larger range of educational tools and materials. Alpari International also has a minimum deposit of $.
Educational Features
| FEATURE | AMARKETS | ALPARI INTERNATIONAL |
|---|---|---|
| Demo Account | Y | Y |
| Platform Tutorial Videos | N | N |
| Educational PDFs | N | N |
| Live Webinars | N | Y |
| YouTube Videos | N | N |
| Trading Academy | N | Y |
| Trading Glossary | Y | N |
Which broker is better overall?
Overall, our tested reviewing methodology proves that Alpari International is the better broker in a range of key areas. You can learn more by reading our AMarkets and Alpari International reviews.
