FXCM vs Alpari International Broker Comparison

Are you trying to figure out which is a better broker, FXCM or Alpari International? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FXCM is the better of the two. FXCM offers 60+ instruments, licenses from FCA, CySec, FSCA, ASIC, and fair trading fees.

In the tables below, you can compare the features of FXCM 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 FXCM higher than Alpari International.

Rating
96.5/100
90/100
Min. Deposit
50 (depending on the payment method)$
5$
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
ASICASIC
FCAFCA
Bonus
No Information
Cashback
Min. Spread
1.3
1.2
Max. Leverage
1:400 (1:30 for AU, EU and UK clients)
1:1000
Currency Pairs
39
60
Trading Instruments
60+
90+
Trading Platforms
MT4, mobile, Private
MT4, MT5, mobile
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Netseller
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Type of Brokers
Enhanced Execution
STP/ECN
Customer Support
24/7
24/5
Language Support
8
8
Established
1999
1998
Used By
100,000+ Traders
2,000,000+ Traders

Does FXCM 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 FXCM and Alpari International are, we first considered the common fees on Standard Accounts. At FXCM the average spread for the EUR/USD currency pair is 1.3 pips, whilst at Alpari International the spread is 1.2.

This shows that Alpari International is the better option for low-cost forex trading.

When it comes to non-trading fees, FXCM charges for inactivity, withdrawal. Alpari International charges for inactivity. With this in mind, Alpari International has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that FXCM is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, FXCM 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.

FXCM is regulated by FCA, CySec, FSCA, ASIC and offers client protection. Alpari International is regulated by FCA and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that FXCM is the safer broker.

Broker summary

How many trading instruments are available at FXCM and Alpari International?

FXCM provides traders with 60+ instruments. This includes 39 currency pairs, 7 cryptocurrencies, and 100+ stocks and shares. With FXCM, 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

Which broker offers the best trading platform, FXCM 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.

FXCM provides you with the ability to trade via 3 trading platforms, and Alpari International has 3 trading platforms, too. Both brokers also offer research and trading tools, however FXCM has more.

Overall, our experts agree that FXCM boasts the better trading platform offering.

Research Tools

Which is better for beginners, FXCM 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 FXCM is the better broker for beginner traders as it offers a larger range of educational tools and materials. FXCM also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that FXCM is the better broker in a range of key areas. You can learn more by reading our FXCM and Alpari International reviews.

FXCM vs Alpari International
FXCM
96.5
Points
Alpari International
90
Points
Overall
6 points
FXCM
96
Points
Alpari International
92
Points
Commissions & Fees
4 points
FXCM
97
Points
Alpari International
93
Points
Licensing & Safety
4 points
FXCM
99
Points
Alpari International
90
Points
Trading Platforms & Tools
9 points
FXCM
94
Points
Alpari International
96
Points
Payments
2 points
FXCM
95
Points
Alpari International
96
Points
Customer Service
1 points
FXCM
98
Points
Alpari International
88
Points
Educational
10 points
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