Alpari Overview
Telephone: +442 080 896 850
Regulation: FSC
Pairs offered: AUD/JPY, AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, USD/CAD, USD/JPY (46 currency pairs in total)
Minimum Deposit: $1,000
Spreads From: 1.2 PIPs
Max Leverage: 1000:1
Markets: Forex, Stocks, CFDs
Deposit Options

Alpari Broker Review

Alpari is an online trading brokerage owned and operated by Alpari Limited, of St Vincent and the Grenadines. It is fully registered by the FSA, a member of the Financial Commission, and technically operated by AI Accept Solutions Ltd. This forex broker provides clients with an innovative set of trading tools and resources. Among its many attributes are two decades of experience in the forex market, proven reliability with three international licences, and a reputation as the largest MetaTrader brokerage.
A wide range of Forex trading instruments is available through Alpari, including major pairs, minor pairs, and exotic currency pairs. Other instruments include CFDs and spot metals. Various platforms and applications are fully supported by this trading platform, and clients have access to complimentary trading tools and resources, including a forex education. ECM technology facilitates trades from as little as 0.01 lots, with significant interbank liquidity, and instant execution of trading activity. Popular trading instruments include shares, indices, commodities, and currencies.

Overview/ Background

 

Alpari was established in 1998. It is now an industry-leading authority in Forex trading, with a wide range of modern trading platforms, trading instruments, and investment solutions. This company offers 24/7 support and service to registered clients in some 150 countries. These include Mexico, Peru, Chile, Argentina, Brazil, United Kingdom, Nigeria, Saudi Arabia, Israel, Germany, Ukraine, Philippines, Thailand, Indonesia, and Australia among others. Over the years, Alpari has racked up scores of awards including:

  • International Finance Magnates Awards 2015 – Best Binary Options Broker
  • Forex Expo Awards 2014 – Best Automated Trading Platform
  • 2013 International Finance Magazine Award – Best Forex broker Russia and Europe
  • 2010 European Excellence Awards – Forex trading video
  • International Business Times Awards – high broker satisfaction Africa and Asia
  • Account Types

 

There are real money trading accounts and demo accounts available to clients at Alpari. The accounts are divided up according to different parameters. These include the deposit currency, minimum deposit amount, leverage, financial instruments, margin, spread, limit and stop loss levels, trading settings, execution, and minimum order size among others. There are 6 different types of accounts available to traders at Alpari, including the following independent trading accounts:

  • Nano MT4 – for micro accounts and small transactions
  • Standard MT4 – floating leverage 1:1000, 33 currency pairs, 2 metals, instant execution
  • Standard MT5 – floating leverage 1:1000, 33 currency pairs, 2 metals, instant execution
  • ECN MT4 – floating leverage 1:1000, 46 currency pairs, 2 metals, 2 commodity CFDs, 6 commodity & index CFDs, 5 index CFDs, 5 cryptocurrency CFDs
  • PRO ECN MT4 – floating leverage 1:1000, 46 currency pairs, 2 metals, 2 commodity CFDs, 6 commodity & index CFDs, 5 index CFDs, 5 cryptocurrency CFDs
  • ECN MT5 – floating leverage 1:1000, 46 currency pairs, 2 metals, 2 commodity CFDs, 6 commodity & index CFDs, 5 index CFDs, 5 cryptocurrency CFDs

 

Demo trading accounts are available on all these account types except for the Nano MT4 account. The demo accounts include MetaTrader 4 and MetaTrader 5. Commissions of $16 are applicable to the Pro ECN and ECN MT5 accounts.

Alpari also offers traders fund management accounts. These include the following options:

  • PAMM Standard MT4
  • PAMM Standard MT5
  • PAMM ECN MT4
  • PAMM PRO ECN MT4
  • PAMM ECN MT5
  • Trading Platform/ software

 

Various trading platforms are available to clients, including MetaTrader 4 and MetaTrader 5. Alpari provides clients with a range of popular trading platforms for PC, Mac, Android and iOS devices. Before you can choose a trading platform and the attendant software, it’s important to register an account and make a deposit. The benefits of each trading platform are briefly listed below:

MetaTrader 4 – a robust, reliable and functional trading platform trusted by millions of traders around the world.

MetaTrader 5 – this is the upgraded version of MT4 and it provides traders with additional options including various types of orders, financial analysis, new financial instruments and added functionality. It is particularly well suited to forex trading.

Alpari Invest – best suited to investments. It includes portfolio management and PAMM accounts activity.

Alpari Mobile – this versatile trading platform is geared towards quick deposits via ApplePay, and it includes a range of trading features such as interest rate quotes, expert analysis, live currency exchange rates, and other options.

 

Deposit options

Various deposit options are currently supported at Alpari including the following:

  • Online Banking
  • FasaPay
  • BitPay
  • WebMoney
  • NETELLER
  • Skrill
  • Visa
  • MasterCard
  • China UnionPay
  • One-Click Payment
  • Bank Wire

Each of these deposit options is available to traders at Alpari, with varying commissions charged by the financial institution in question.

 

Markets

 

Forex pairs – AUD/JPY, AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, USD/CAD, USD/JPY (46 currency pairs in total)

Metals – Alpari lists 2 metals including gold and silver

Commodities – Brent Crude Oil, WTI Crude Oil, Natural Gas.

Indices – Nikkei 225, CAC40, FTSE 100, DAX30, NQ100, SPX500

Shares – Apple, Boeing, Coca-Cola, Microsoft, Walt Disney, Google, Amazon, Visa.

 

Bonuses

 

The current promotional offers at Alpari include the Alpari Cashback Program, the Premium Client status, and various special offers including full commission compensation when clients use China UnionPay for processing their deposits.

 

Customer Support

 

Clients can get in touch with customer support representatives via telephone, Skype, viber, or email. The client support hours of operation are 6 AM through 7 PM Jim team, Monday through Friday. The UK telephone number for client support is +44-8449-869559. Technical support is available 24 hours a day (Monday through Friday). The technical assistance telephone number is +448449-869559 (extension 1). Operators are available to assist with phone orders via telephone, investing services, compliance-related issues, partnerships, human resources info, and public relations. The support representatives professional and attentive at all times.

 

Safety

 

Alpari takes pride in providing clients with a safe, secure, and trusted trading platform. The integrity of personal information is protected watertight security, modern encryption technology (SSL cryptographic protocol), relationships with reputable banks, and segregated accounts (client funds and business funds). This forex brokerage is fully licensed to offer financial trading services to clients, courtesy of the Financial Services Authority of St Vincent and the Grenadines.

 

Ease of Use

 

Overall, Alpari offers clients a user-friendly experience. The platform is a little congested, and it takes some time learning your way around. That being said, once you have registered an account and logged into the trading platform, MetaTrader 4 and MetaTrader 5 are fairly easy to understand.

 

Final Thoughts

 

Alpari is a high-profile forex brokerage with 20 years + of experience in the industry. This online trading broker offers several top-tier platforms including MetaTrader 4 and MetaTrader 5 as well as for mobile trading functionality courtesy of the Alpari apps. With clients in 150+ countries, this broker is a reputable, secure, and leading provider of forex, commodities, indices, stocks, and Cryptocurrency trading activity.

Pros
  • Fully registered in St Vincent and the Grenadines by the FSA 
  • Dozens of currency pairs, commodities, stocks, CFDs and others 
  • MetaTrader 4 and MetaTrader 5 trading platforms
  • Segregation of client funds from business funds
Cons
  • Complex website to navigate
  • No live chat functionality
  • No welcome bonus package
  • Limited trading options for standard account holders
Alpari Overview
Telephone: +442 080 896 850
Regulation: FSC
Pairs offered: AUD/JPY, AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, USD/CAD, USD/JPY (46 currency pairs in total)
Minimum Deposit: $1,000
Spreads From: 1.2 PIPs
Max Leverage: 1000:1
Markets: Forex, Stocks, CFDs
Deposit Options
Pros
  • Fully registered in St Vincent and the Grenadines by the FSA 
  • Dozens of currency pairs, commodities, stocks, CFDs and others 
  • MetaTrader 4 and MetaTrader 5 trading platforms
  • Segregation of client funds from business funds
Cons
  • Complex website to navigate
  • No live chat functionality
  • No welcome bonus package
  • Limited trading options for standard account holders