InstaForex vs Alpari International Broker Comparison

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Are you trying to figure out which is a better broker, InstaForex or Alpari International? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that InstaForex is the better of the two. InstaForex offers 300+ instruments, licenses from FSC, and fair trading fees.

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

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
instaforexAlpari-Dark
OPEN ACCOUNTReviewReview
RATING95.5/10090/100
MIN. DEPOSIT100$5$
REGULATED BYmauritiusuk
BONUS$20Cashback
MIN. SPREAD31.2
MAX. LEVERAGE1:10001:1000
CURRENCY PAIRS11060
TRADING INSTRUMENTS300+90+
TRADING PLATFORMSMT4, MT5, PrivateMT4, MT5, Mobile
DEPOSIT METHODSBank transfer, Visa, MasterCard, Skrill, Neteller, E-Wallets and moreBank TransferBank transfer, Visa, MasterCard, E-Wallets and more
TYPE OF BROKERSECNSTP/ECN
CUSTOMER SUPPORT24/724/5
LANGUAGE SUPPORT18
ESTABLISHED20071998
USED BY100,000+ Traders2,000,000+ Traders

Does InstaForex 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 InstaForex and Alpari International are, we first considered the common fees on Standard Accounts. At InstaForex the average spread for the EUR/USD currency pair is 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, InstaForex 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 Alpari International is the better option.

Trading Fees*

TYPE OF FEEINSTAFOREXALPARI INTERNATIONAL
Minimum Spread EURUSD (pips)31.2
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEINSTAFOREXALPARI INTERNATIONAL
Account FeesNN
Inactivity FeesYY
Deposit FeesNN
Withdrawal FeesYN

Which broker is safer, InstaForex 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.

InstaForex is regulated by FSC 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 InstaForex is the safer broker.

Broker summary

INSTAFOREXALPARI INTERNATIONAL
Minimum Deposit (USD $)1005
LicensesFSCFCA
Max. Leverage1:10001:1000
Client ProtectionNY
Broker TypeECNSTP/ECN
Number of Instruments300+90+
Currency Pairs11060
Stocks8910
Cryptocurrencies54
CFDsYY
Proprietary Trading PlatformNN
MT 4YY
MT 5YY
Mobile CompatibleNY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, MasterCard, Skrill, Neteller, E-Wallets and moreBank TransferBank transfer, Visa, MasterCard, E-Wallets and more
24/5 Customer SupportYY
Live ChatYY

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

InstaForex provides traders with 300+ instruments. This includes 110 currency pairs, 5 cryptocurrencies, and 89 stocks and shares. With InstaForex, 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

INSTRUMENTINSTAFOREXALPARI INTERNATIONAL
Currency Pairs11060
Commodities870
Precious Metals45
Indices1411
Stocks and Shares8910
Cryptocurrencies54
Options00
ETFs11

Which broker offers the best trading platform, InstaForex 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.

InstaForex 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 InstaForex has more.

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

Research Tools

TOOLINSTAFOREXALPARI INTERNATIONAL
News (from top-tier sources)YN
Trading Signals and IndicatorsYY
Trade IdeasYN
Expert AnalysisYN
Autochartist ToolsNN
Sentiment ChartsNN
Economic CalendarYY

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

Educational Features

FEATUREINSTAFOREXALPARI INTERNATIONAL
Demo AccountYY
Platform Tutorial VideosYN
Educational PDFsYN
Live WebinarsNY
YouTube VideosYN
Trading AcademyYY
Trading GlossaryYN

Which broker is better overall?

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

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