- Affordable starting spreads available for all account types
- Access direct market access without requotes
- Strategy Managers can share strategies through Alpari CopyTrader
- Negative balance protection included for all account types
- Member of Financial Commission Compensation Fund
- Stock trading only available for Pro Account holders
- Limited amount of educational materials
- No proprietary platform
Founded in 1998, the Alpari brand counts on more than 20 years of experience serving traders in 150 countries. With trading turnover that exceeded $1.3 trillion in notional value during 2017 alone, Alpari International has earned itself a place amongst the globe’s top online brokers. Thanks to a clear-cut onboarding process along with fee-free deposits and lightning fast withdrawals, Alpari International has attracted more than 2 million clients since inception.
The firm’s low-spread approach and rapid execution make the company’s platform a leading destination for investors seeking to trade a range of products across global financial markets. Thanks to its offering of the industry standard MetaTrader 4 and more recently introduced MetaTrader 5, Alpari International supports a comfortable environment for veteran traders. Furthermore, CopyTrader represents a thoughtful addition for investors who prefer to take a more hands-off approach to fund management as well as fund managers that wish to share their strategies and earn performance incentives for positive results.
Account Options
- Broker TypeECN
- Minimum Deposit1
- Majors SpreadEUR/USD: 0.1; GBP/USD: 0.2; USD/JPY: 0.1
- Maximum Leverage1000:1
- Minimum Trade Size0.01
- ScalpingYes
- HedgingYes
- Free Demo AccountYes
- Traders From USANo
- Day Trading AccountYes
Account Types
|
Features |
Standard Account (MT4) |
ECN Account (MT4/MT5) |
Pro Account (MT4) |
|
Account Currencies |
EUR, USD, GBP, NGN
|
EUR, USD, GBP, NGN
|
EUR, USD, GBP, NGN
|
|
Available Leverage |
Up to 1000:1 |
Up to 1000:1 |
Up to 300:1 |
|
Minimum Deposit |
$100 |
$500 |
$25,000 |
|
Starting Spreads |
From 1.2 pips |
From 0.4 pips |
From 0.4 pips |
|
Commission Per Trade |
$0 |
$1.50 per lot per side |
$0 |
|
Decimal Pricing |
Up to 5 decimals
|
Up to 5 decimals
|
Up to 5 decimals
|
|
Swaps/Rollovers |
No |
Yes – MT5 |
No |
|
Trading Instruments |
61 FX pairs, 5 Metals, 14 CFDs |
For MT4: 56 FX pairs 3 Metals, 14 CFDs, 4 Cryptocurrencies, For MT5: 33 FX Pairs, 2 Spot Metals |
54 FX pairs, 3 Metals |
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
|
Max Lot Size Per Trade |
30 |
50.00 |
250 |
|
Demo Account |
Yes |
Yes |
No |
|
Swap/Rollover Free |
Yes |
Yes (Except for MT5 users) |
Yes |
|
Copy Trading Support |
No |
Yes |
No |
Compliance & Regulation
Alpari International’s ability to serve clients in 150 countries stems from its registration as a licensed investment dealer. The licensing, granted by the Financial Services Commission of Mauritius, allows Alpari International to deliver brokerage services to traders across the globe, with the exception of just a few countries. The company’s compliance process must also comply with strict Know Your Customer and Anti-Money Laundering policies. Additionally, Alpari International is a member of the Financial Commission, which is an industry body that handles traders’ disputes. Its membership since 2013 ensures that traders are eligible for up to EUR 20,000 from the Compensation Fund if a dispute is assessed in the client’s favor.
Fees & Commissions
- Rollover FeeNo
- Withdrawal FeesDepending on the method
Reliability & Security
Especially for experienced and professional traders, one of the most important factors in choosing a broker is the quality of execution. Thanks to relationships with top liquidity providers and the inclusion of a no-dealing desk model to enable direct market access, Alpari International can supply reliable execution without requotes. In addition to reliable execution, client funds are secured in segregated accounts separate from Alpari International’s operational funds in reputable banks.
Platform participants that have questions or require guidance regarding their accounts can reach Alpari International representatives across multiple support channels in 8 different languages. Apart from email and phone requests, Alpari International’s representatives are available 24 hours a day during market hours Monday to Friday on live chat and Telegram and even on weekends during select hours for traders opening new accounts. When reached, company representatives are very helpful and responsive. Furthermore, membership with the Financial Commission, an independent self-regulatory body, adds an extra layer of dependability and trustworthiness for Alpari International customers should they encounter any issues.
