Alpari
Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.
Popularity | |
Leverage | Up to 1:1000 |
Minimum Deposit | $20 |
Regulation | ASIC, CySEC, FCA |
Payment Methods | Bank Wire, Credit Card, Skrill, Neteller, WebMoney, Cryptocurrency |
Trading Assets | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies |
MT4 | ✅ |
MT5 | ✅ |
Spreads | Low |
Average cost: EUR/USD | 1.2 pips |
Demo Account | ✅ |
Islamic Account | ✅ |
MAM | ✅ |
PAMM | ✅ |
CopyTrading | ✅ |
ZuluTrade | ❌ |
Scalping | Yes |
Signals | ✅ |
EAs/Robots | Available |
Negative Balance Protection | Yes |
Deposit Fee | ❌ |
Withdrawal Fee | ❌ |
Inactivity Fee | Yes, after 12 months of inactivity |
Year Established | 1998 |
Address | Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius |
Contact Information | Email: [email protected], Phone: +44 20 7426 2890 |
Phone APP | |
Rating | ★★★★☆ [4.5] |
Website |
Pros and Cons
- Comprehensive range of trading instruments
- Advanced trading platforms (MT4 and MT5)
- Competitive low spreads
- Extensive educational resources for beginners
- Robust customer support
- Limited access to ZuluTrade
- Inactivity fee after 12 months
- Withdrawal process can be slow
- Limited regulatory oversight compared to some peers
- Scalping and hedging restrictions may apply
Introduction
Alpari stands as a pillar in the ever-evolving world of online forex and CFD trading, offering a gateway to the financial markets for traders around the globe.
With a rich history dating back to 1998, the broker has grown to become one of the most trusted names in the industry, renowned for its robust trading platforms, diverse range of instruments, and comprehensive educational resources.
This review delves into the various facets of trading, aiming to equip potential traders with all the information needed to navigate the markets effectively.
Open a free accountCompany Overview
History of Alpari
Founded in 1998, the company has weathered the dynamic shifts of the financial markets, emerging as a leading broker with a global presence.
Over the years, Alpari has expanded its offerings to meet the growing needs of its client base, now providing access to a vast array of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies.
Regulatory Status and Safety of Funds
- Regulated by: ASIC, CySEC, FCA
- Safety measures: Segregated accounts, Negative balance protection
Their commitment to regulatory compliance and client fund safety is evident through its adherence to the strict guidelines set forth by several regulatory authorities.
This multi-jurisdictional oversight ensures that traders are afforded a high level of protection.
Account Types
Alpari offers plenty of account types to cater to the diverse needs of traders at all levels of experience.
From the novice just beginning their trading journey to the seasoned veteran seeking advanced features and flexibility, there is an account type for everyone.
- Standard Account: Ideal for beginners, offering micro lots and lower minimum deposits.
- ECN Account: Targeted at more experienced traders, providing tighter spreads and faster execution.
- Pro Account: Designed for professional traders, with high-volume trading and access to deep liquidity.
Trading Platforms
Alpari provides access to the industry-standard MetaTrader platforms: MT4 and MT5.
Each platform comes equipped with a wide array of analytical tools, technical indicators, and automated trading capabilities.
- MetaTrader 4 (MT4): Renowned for its user-friendly interface and extensive back-testing environment.
- MetaTrader 5 (MT5): Offers advanced financial trading functions, along with superior tools for technical and fundamental analysis.
Each platform supports a wide range of devices, including PC, Mac, iOS, and Android, ensuring traders can stay connected to the markets from anywhere in the world.
Available Trading Instruments
Alpari provides a broad spectrum of trading instruments, ensuring that traders have access to a wide variety of markets.
These include:
- Currencies: Trade major, minor, and exotic currency pairs with competitive spreads and leverage.
- Commodities: Access to precious metals like gold and silver, along with energy commodities such as oil and natural gas.
- Indices: Trade on global indices representing the performance of national economies.
- Stocks: Offers CFDs on stocks from leading companies and global markets.
- Cryptocurrencies: Trade popular cryptocurrencies against the USD.
Spreads and Leverage:
- Spreads start from as low as 0.1 pips for major currency pairs in the ECN account.
- Leverage up to 1:1000, providing traders with the potential to increase their trading exposure with a relatively small investment.
Deposits and Withdrawals
The broker strives to make the funding and withdrawal of accounts as convenient as possible with multiple payment methods:
- Bank Wire Transfer
- Credit/Debit Cards
- E-wallets: Skrill, Neteller, WebMoney
- Cryptocurrency Payments
Fees and Processing Times:
- Deposits are generally processed within 24 hours, with no fees from Alpari’s side. However, payment providers may charge their fees.
- Withdrawals can take from 1 to 3 business days, depending on the method. Some fees may apply.
Customer Support
The company places a strong emphasis on providing timely and effective customer support.
Support is available in multiple languages, reflecting the broker’s global reach.
- Availability: 24/5 for trading-related inquiries and 24/7 for general support.
- Contact Methods: Live chat, email, phone support.
The customer support team is well-trained to assist with a range of queries, from account opening to technical trading questions.
Educational Resources
Alpari takes pride in offering an extensive collection of educational resources designed to support traders at every stage of their trading journey.
- Webinars: Live sessions covering a range of topics from trading strategies to market analysis.
- Articles and Tutorials: A wealth of written materials to help traders understand the markets and refine their trading techniques.
- Video Tutorials: Step-by-step guides on using trading platforms, tools, and strategies.
These resources are suitable for beginners looking to learn the basics, as well as advanced traders aiming to enhance their strategies.
Trading Tools and Resources
To support decision-making and strategy development, they offer a suite of trading tools and resources:
- Technical Analysis Tools: Advanced charting capabilities and technical indicators.
- Economic Calendar: Stay updated with important market events and economic releases that could impact trading.
- Trading Central: Access to expert market analysis and trade signals.
These tools are integrated into the trading platforms, providing traders with a seamless trading experience.
Mobile Trading
In today’s fast-paced trading environment, the ability to trade on the go is essential.
Alpari’s mobile trading apps ensure that traders never miss a market opportunity.
- Features: Real-time quotes, full trading functionality, comprehensive account management.
- Compatibility: Available for iOS and Android devices, offering a consistent trading experience across all platforms.
The mobile apps are intuitively designed, making it easy for traders to execute trades, monitor markets, and manage their accounts from anywhere.
Conclusion
Alpari has established itself as a reputable broker in the forex and CFD trading industry, catering to a wide range of traders with its comprehensive offerings.
From its diverse range of trading instruments and account types to its advanced trading platforms and educational resources, it provides a solid foundation for traders to explore the financial markets.
The broker’s commitment to regulatory compliance and client fund safety further enhances its attractiveness as a trading partner.
Whether you’re a novice trader starting your journey or a seasoned professional seeking advanced trading capabilities, Alpari offers the tools, resources, and support to help you navigate the markets effectively.
With a focus on customer satisfaction and continuous improvement, Alpari is poised to remain a preferred choice for traders globally.
As with any trading decision, it’s essential to conduct thorough research and consider your trading objectives, experience level, and risk tolerance before committing to a broker.
Its commitment to providing a transparent and supportive trading environment makes it a noteworthy option for traders seeking a reliable and responsive brokerage service.
Visit website: www.alpari.comUser Reviews
Featured Broker Video
Frequently Asked Questions (FAQ)
What is the minimum deposit?
The minimum deposit is $20, making it accessible for traders of all levels.
Does it offer a demo account?
Yes, Alpari offers a demo account for users to practice their trading strategies without risking real money.
Is Alpari regulated?
The broker is regulated by several authorities including ASIC, CySEC, and FCA, ensuring a secure trading environment.
Can I trade cryptocurrencies?
Yes, Alpari offers cryptocurrency trading alongside traditional assets like Forex, commodities, and indices.
How do I withdraw money?
You can withdraw money via bank wire, credit card, and several e-wallets. The process is straightforward but can take several days to complete.
Does the company offer educational resources?
Alpari provides an extensive array of educational materials, including webinars, articles, and video tutorials, suitable for traders at all levels.
What platforms does the broker support?
Alpari supports the popular MetaTrader 4 and MetaTrader 5 platforms, available for desktop, web, and mobile.
Resources
Our experts
This article has been written, edited and reviewed by the following members of our team:
Last update: April 27, 2024