Overall, Alpari is recognized as a trading platform with low risk, making it a dependable choice for forex trading. The platform ensures rapid trading execution and a secure trading environment, both in terms of spreads and overall safety. Additionally, Alpari boasts a substantial user base, with over thousands registered clients across the globe.
In this in-depth review you’ll find the following information:
- A complete Alpari broker review
- Alpari minimum deposit details
- An overview of Alpari Account Types available
- Details regarding a Alpari Demo account
- How to Register an account with Alpari
- Which countries does Alpari operate?
- Alpari withdrawal process
- Alpari vs Exness vs AvaTrade
- How long does Alpari withdrawal take?
- Pros and Cons of Alpari account
- Alpari Islamic account options
- Details on Alpari Fees, Spread and Commissions
And lots more…
Let’s dive right in…
Alpari at a Glance
𝗕𝗿𝗼𝗸𝗲𝗿 | 𝗔𝗹𝗽𝗮𝗿𝗶 |
---|---|
📜 FSCA regulated | Yes |
🕖 Time to open an account | 1 day |
🎁 Sign Up Bonus | No |
🗺️ Country not available | USA, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Russia, Ukraine, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, European Union and United Kingdom. |
📊Trading Islamic Account | Yes, available |
💰Spreads | From 1.2 |
💰Leverage | 400:1 |
💰 Minimum deposit | $5 USD |
📅 Year of Foundation | 1998 |
🎮 Demo account provided | Yes |
📙 Website Languages | English, Spanish, French, Portuguese |
🥇 Trading Instruments | 250+trading instruments |
📈 Trading Platforms | MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader |
🎓Affiliate Program | No |
🚀 Open a account | 👉Click Here |
Min Deposit
USD 100
Regulators
FSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Alpari Review – 21 Keypoint Overview
Alpari Overview
𝗕𝗿𝗼𝗸𝗲𝗿 | 𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 𝗠𝗶𝗻𝗶𝗺𝘂𝗺 𝗱𝗲𝗽𝗼𝘀𝗶𝘁 | 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘀 |
---|---|---|---|
Alpari | 👉Click Here | $5 USD | FSC |
Alpari International is a reliable forex and CFDs broker that was established in 1998 as the Alpari Group, and rebranded Alpari International in 2013.
The Mauritius-based brokerage is the trading entity of Exinity Limited, a licensed financial service provider that is regulated by the FSC in the Republic of Mauritius. Alpari International has representative offices in South Africa and is regulated by the FSCA.
Alpari International offers both MetaTrader platforms and Alpari CopyTrade to trade currency pairs and CFDs on commodities, stocks and indices. Alpari International is regulatory compliant, and a safe and trustworthy broker for forex traders in Africa.
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Is Alpari Regulated?
🧾 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿 | 🔎 𝗔𝗯𝗯𝗿𝗲𝘃𝗶𝗮𝘁𝗶𝗼𝗻 | 📈 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗡𝘂𝗺𝗯𝗲𝗿 |
---|---|---|
🥈Financial Sector Conduct Authority | 📝 FSCA | C113012295 |
Alpari International is a trading brand of Exinity Group, which is licensed and regulated by the Financial Services Commission (FSC) Mauritius and the Financial Services Conduct Authority (FSCA) in South Africa.
The Financial Services Commission (FSC) Mauritius regulates the non-bank financial services sector in Mauritius. The Commission was established in 2001 and is mandated under the Financial Services Act 2007 to license, regulate, monitor and supervise the conduct of business activities in these sectors.
Alpari Minimum Deposit
💰 Account | 🚀 Open an Account | 💰 Min Deposit |
---|---|---|
📌Forex Standard Account, MT4 | 👉Click Here | $100 USD |
📌Forex Micro Account, MT4 | 👉Click Here | $5 USD |
📌 Forex ECN Account, MT4/MT5 | 👉Click Here | $500 USD |
📌 Forex Pro Account, MT4 | 👉Click Here | $2500 USD |
A trader would need to deposit at least $100 in order to register for an Alpari account. As a result, traders will have full access to all Alpari trading tools, applications, and advice.
Types of Alpari Accounts
Alpari International offers four types of accounts for beginner and experienced forex and CFDs traders. Alpari International also offers a free demo account and a swap-free Islamic account for Muslim traders.
Standard MT4 account
🥈𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 | 📌𝗙𝗼𝗿𝗲𝘅 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗰𝗰𝗼𝘂𝗻𝘁, 𝗠𝗧𝟰 |
---|---|
Minimum deposit | $100 USD |
Maximum leverage | 1:1000 |
Spread | 1.2 pips |
Commission | No commission |
Account Currency | USD / EUR / GBP / NGN |
🚀𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 👉Click Here |
Micro MT4 account
🥈𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 | 📌 𝗙𝗼𝗿𝗲𝘅 𝗠𝗶𝗰𝗿𝗼 𝗔𝗰𝗰𝗼𝘂𝗻𝘁, 𝗠𝗧𝟰 |
---|---|
Minimum deposit | $5 USD |
Maximum leverage | 1:400 |
Spread | 1.7 pips |
Commission | No commission |
Account Currency | USD / EUR / GBP / NGN |
🚀𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 👉Click Here |
Forex ECN Account, MT4/MT5
🥈𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 | 📌 𝗙𝗼𝗿𝗲𝘅 𝗘𝗖𝗡 𝗔𝗰𝗰𝗼𝘂𝗻𝘁, 𝗠𝗧𝟰/𝗠𝗧𝟱 |
---|---|
Minimum deposit | $500 USD |
Maximum leverage | 1: 1000 |
Spread | 0.4 pips |
Commission | 1.5$/lot per side |
Account Currency | USD / EUR / GBP / NGN |
🚀𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 👉Click Here |
Forex Pro Account, MT4
🥈𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 | 📌 𝗙𝗼𝗿𝗲𝘅 𝗣𝗿𝗼 𝗔𝗰𝗰𝗼𝘂𝗻𝘁, 𝗠𝗧𝟰 |
---|---|
Minimum deposit | $25 000 USD |
Maximum leverage | 1:300 |
Spread | 0.4 pips |
Commission | No Commission |
Account Currency | USD / EUR / GBP / NGN |
🚀𝗢𝗽𝗲𝗻 𝗮𝗻 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 👉Click Here |
Min Deposit
USD 100
Regulators
FSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Alpari Sign-Up Bonus
𝗔𝘀𝗽𝗲𝗰𝘁 | 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 |
---|---|
💰Broker | Alpari |
🎉 Sign Up Bonus | No |
💰 Minimum Deposit | $5 USD |
🤝 Partnership Option | No |
🚀 Open an Account | 👉Click Here |
Unfortunately, according to Alpari website they do not offer a sign up bonus at this stage.
Alpari Demo Account
𝗔𝘀𝗽𝗲𝗰𝘁 | 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 |
---|---|
🥇Broker | Alpari |
🆓 Demo Account | Yes |
💰 Virtually Funded | Not indicated |
💻 Terminal Access | Full |
🚀 Open an Account | 👉Click Here |
Alpari International does offer new trader the opportunity to “practice” trading on there demo account, which is a replica of the Live account but is virtually funded and no risk of loss. However trader cannot withdraw any funds from a Demo account.
Alpari Islamic Account
𝗔𝘀𝗽𝗲𝗰𝘁 | 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 |
---|---|
🥇Broker | Alpari |
☪️ Islamic Account | Yes |
💻 Accounts Offered | All accounts, Specific platforms |
🚀 Open an Account | 👉Click Here |
Alpari provides Islamic account option on all accounts, but traders should make sure to select the correct platform as it is not offered on MT5.
How to Open an Alpari Account – Step-by-Step Guide
Traders and investors cannot directly access the global forex market. They must trade through a trading platform hosted by a regulated forex and CFDs broker.
To start trading the financial markets with Alpari International, you must register with the broker and follow the easy steps to verify your identity and set up a trading account. Deposit funds when your trading account has been approved and start trading.
1. Step 1 – Navigate to Website
Open the official website for Alpari and select either “Register” or “Open Live Account”
2. Step 2 – Complete information
You will be redirected to FXTM page to complete all the personal information requested.
3. Step 3 – Account Verification
Once the account has been registered, a verification email will be sent to the registered email address. As soon as that is completed you can login and select the account type you would like to trade with and make you first deposit.
Min Deposit
USD 100
Regulators
FSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Alpari Pros and Cons
✅ Pros | ❎ Cons |
---|---|
Provide access to global financial markets | Trading always involves risk, and users may incur substantial losses |
Range of Assets | Variable Spreads and Fees |
User-Friendly Interface | |
Offer educational resources | |
Depending on your risk tolerance and trading strategy, Alpari International may offer leverage options |
Alpari VS Exness VS AvaTrade – Comparison Table
𝑭𝒆𝒂𝒕𝒖𝒓𝒆𝒔 | ☑️𝘼𝙡𝙥𝙖𝙧𝙞 | ☑️𝑨𝒗𝒂𝑻𝒓𝒂𝒅𝒆 | ☑️𝑬𝒙𝒏𝒆𝒔𝒔 |
---|---|---|---|
Regulation | FSC | CBI, ASIC, BVIFSC, FSCA, ADGM, ISA | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA |
Minimum Deposit | $5 USD | $100 USD | $10 USD |
Sign Up Bonus | No | Bonus Calculator available. With Minimum deposit of $200 receive $40 bonus | No |
Islamic Account | Yes, available | Yes, available | Yes, available |
Leverage | 1:1000 | 400:1 | 1:Unlimited |
Withdrawal fee | No | Zero | Yes |
Spreads | From 1.2 pips | 0,9 pips | The minimum spread across all accounts is 0.1 pips |
Demo Trading Account | Yes | Yes | Yes |
Account Types | Standard, Micro, ECN, Pro | Standard, Islamic, and demo account | Standard, Cent, Raw, Zero and Professional Account |
Comissions | No Comissions | No Comissions | $3 USD |
🚀𝑶𝒑𝒆𝒏 𝒂𝒏 𝑨𝒄𝒄𝒐𝒖𝒏𝒕 | 👉Click Here | 👉Click Here | 👉Click Here |
Alpari Customer Reviews
So far so good
So far so good. I am using them for a year and so far the spread and price feed on ECN account are good. Commissions are low, so I like the trading conditions they offer.
What I don’t like is they don’t offer paypal or debit card deposit/withdrawals so you are stuck only with bank transfer or BTC. Also the regulation is not the best, but I see they do protect investors by paying insurance, so we are protected up to 20k EUR in case they go insolvent, like they did in 2015 with CHF black swan event.
If they add more payment options and get a better regulation I will give 5 stars.
In my opinion
In my opinion, it should be a five-star rating because I am satisfied with the trading on MT4 and the instant withdrawals. I highly recommend this broker.
Best Regards,
Nemesio Reyes Jr
Deposits and Withdrawal
➡️ Deposits are handled immediately if no further verification is required. Should an interruption in the payment processor’s system cause a delay in transfers, Alpari International shall not be held responsible.
➡️ Your account will be charged an inactivity fee of 5 EUR, USD, or GBP if there hasn’t been any trading activity for at least six months.
➡️ You can deposit funds into your Alpari International trading account in four different ways:
- online payment gate way, including FASAPay and Skrill
- credit card payments, including Visa, Mastercard and Maestro
- eWallets, including Skrill, Neteller and WebMoney
- bank wire transfers
Steps to Withdraw Funds from Alpari Account
𝗦𝘁𝗲𝗽𝘀 | 𝗔𝗹𝗽𝗮𝗿𝗶 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹 |
---|---|
𝗦𝘁𝗲𝗽 𝟭: | Go to My Money option on Dashboard |
𝗦𝘁𝗲𝗽 𝟮: | Select Withdraw option |
𝗦𝘁𝗲𝗽 𝟯: | Choose which payment method you prefer |
𝗦𝘁𝗲𝗽 𝟰: | Click Withdraw |
𝗦𝘁𝗲𝗽 𝟱: | Select your reason for withdrawing the funds and enter the PIN that is sent to you via email or SMS |
𝗦𝘁𝗲𝗽 𝟲: | Click Submit |
Alpari Fees, Spreads, and Commission
Alpari International commission and spreads depend on the type of account you choose. Alpari International is a Market Maker broker and makes money on the bid-ask spreads on retail trading accounts.
Alpari International charges an Overnight Holding fee and an Inactivity fee.
𝗔𝗰𝗰𝗼𝘂𝗻𝘁 | 𝗦𝗽𝗿𝗲𝗮𝗱𝘀 | 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 |
---|---|---|
Standard MT4 | Spreads from 1.2 pips | Commission-free trading, mark up on spreads |
Micro MT4 | Spreads from 1.7 pips | Commission-free trading, mark up on spreads |
ECN MT4 | 0.01Spreads from 0.4 pips | 1.5$/lot per side |
ECN PRO MT4 | Spreads from 0.4 pips | Commission-free trading, mark up on spreads |
Alpari Partnership Options
Alpari does not offer a Partnership options at this stage only Refer a friend option that they have available.
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Alpari Product Portfolio
Alpari International is a multi-asset forex and CFDs broker. Clients use the MT4 and MT5 trading platforms to trade currency pairs and CFDs on commodities, stocks and indices with competitive spreads and tight margins in normal trading conditions.
🔎𝗜𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁 | 📌𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 |
---|---|
☑️Forex | 30 major and minor pairs inc. EUR/USD, GBP/USD and USD/JPY |
☑️ Commodities | CFDs on precious metal, oil and natural gas |
☑️Stocks | CFDs on big brand stocks inc. Amazon, Apple, Facebook, Netflix |
☑️Indices | CFDs on major indices inc. AUS200, Europe50, Japan 225, UK 100 |
Alpari Broker Trading Platforms
Alpari International trading platforms
Alpari International is a MetaTrader broker and offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms to trade forex, commodities, shares and indices. Alpari International also offers a proprietary social trading platform called Alpari CopyTrade that allows customers to copy trading positions from Strategy Managers.
☑️ MetaTrader 4
MetaTrader is a pioneer electronic trading platform developed by MetaQuotes Software. Since 2002, MetaQuotes Software has released several software applications for trading, but the company hit the jackpot with MT4. MT4 is the most popular and widely-used electronic trading platform for retail foreign exchange (forex) speculative traders.
☑️ MetaTrader 5
MetaTrader 5 (MT5) was developed by MetaQuotes Software Corporation and launched in June 2010. MT5 is not a new and improved version of MT4. It was created to broaden MetaTrader’s functionality from a single-market trading platform to a multi-market platform, offering traders an advanced trading platform and excellent tools to trade a broader range of financial instruments.
Segregated accounts
Alpari International keeps client funds in a separate account which is held by a leading bank. The forex broker cannot access clients’ funds to pay for company expenses or liabilities. The funds are held in ring-fenced accounts separate from Alpari International’ financial accounts.
Conclusion
Overall, offering a variety of financial instruments and services, Alpari International has made a name for itself in the online trading market. Alpari International is a significant choice for traders looking to participate in international financial markets because of its reputation for regulatory compliance and dedication to offering training materials to traders.
Min Deposit
USD 100
Regulators
FSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Disclaimer
Forex and CFDs are complex instruments, and trading these instruments come with a high-risk warning. Trading forex and CFDs involves a high risk of losing money rapidly due to leverage and margin. You need to understand how forex trading works and decide whether you can afford to take the risk of losing money on trade orders that do not go your way.
Forex Trading Africa annually reviews brokers and financial instruments and provides information to help traders and investors make better decisions when trading on global markets. The information is published to help improve your knowledge and understanding of international multi-asset trading and market participants.
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Frequently Asked Questions
Does Alpari International have a Deposit Bonus?
No, Alpari International does not offer a sign-up Deposit Bonus for new traders. Alpari International does offer a Refer-a-Friend; invite your friends to register an account and you can earn a bonus amount of $50 each.
What leverage does Alpari International offer?
The maximum leverage offered by Alpari International is 10000:1 on the Standard MT4 and ECN MT4 trading account
Does Alpari International charge a deposit fee?
No, Alpari International does not charge a deposit fee for bank transfers and credit card payments. Third-party payment gateways and your mainstream bank may charge you additional fees for electronic transfers. Alpari International does not cover any fees charged if you deposit funds in a currency different from the base currency of your account.
Does Alpari International charge a withdrawal fee?
No, Alpari International does not charge a withdrawal fee. Your bank may charge you additional fees for monetary transfers.
Is Alpari International a good broker?
Yes, Alpari International is a safe and reliable broker for all types of forex and CFDs traders. Alpari International provides an excellent trading environment in terms of security and advanced trading platforms. The brokerage is a trading entity of Exinity Group, which is licensed in the Republic of Mauritius, has a global presence across four continents and over 2 million registered customers.
Does Alpari International offer a free demo account?
Yes, Alpari International offers a free demo account on the MT4 and New Generation trading platforms. Alpari International clients can register and sign up for a free demo account which is instantly available to start trading virtual (fake) money. You can trade forex in real-time under actual market conditions but with zero risks of losing real money. Once beginner traders learn how to trade on a free demo account, they are ready to open a live trading account.
Does Alpari International offer an Islamic account?
Yes, Alpari International offers an Islamic swap-free live account to clients of the Muslim faith under Shariah Law. It is available on the following accounts: Standard MT4, Micro MT4, ECN MT4 and ECN PRO MT4.
Is Alpari International regulated in South Africa?
Yes, Alpari International is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa (FSP 50320).
Is Alpari International legit?
Yes, Alpari International is a legitimate forex and CFDs broker and electronic trading platform. The global broker was established in 1998 and its global team has extensive experience in online trading. Alpari International has eight global locations across four continents. The brokerage is regulatory compliant and is a safe and reliable broker for forex traders in Africa.
Does Alpari International have a mobile app for forex trading?
Yes, Alpari International offers an easy-to-use mobile app for the MT4 and MT5 trading platforms.
Where is Alpari International based?
Alpari International is based in the Republic of Mauritius.
What type of broker is Alpari International?
Alpari International is a Market Maker broker offering Straight Through Processing (STP) and Electronic Communications Network (ECN) accounts. Executions are made by special software and not manually by the broker. ECN accounts means Alpari International competes for bids and offers through an electronic trading platform, which are sent to one liquidity pool. STP accounts means bids and offers are executed electronically and Alpari International does not intervene in orders.
How many days do Alpari International withdrawals take?
All withdrawal requests from Alpari International accounts are processed within 24 hours during the working week. Alpari International will notify you by email as soon as your request is processed. Due to the anti-money laundering protocol, it can take 2 to 5 days to reflect in your bank account.
Who is the CEO of Alpari International?
The former CEO of Alpari International is Vladimir Verbitskiy (2018-2020).
Does Alpari International offer online support?
Yes, Alpari International offers 24/5 online Customer Support, available Monday to Sunday via Live Chat on their website. You can also contact Alpari International Customer Services via email or telephone.
Does Alpari International offer copy trading?
Yes, Alpari International offers a separate copy trading platform called Alpari CopyTrade. Customers also have add-on copy trading software available on the MetaTrader platforms.
Does Alpari International have Nasdaq?
Yes, Alpari International offers NASDAQ-100 (US100). US100 is traded as a futures CFD on the MT4 trading platform. The US100 assigns a capitalisation-weighted index containing 100 of the largest publicly traded non-financial businesses on the Nasdaq composite index. The US100 is one of the most significant large-cap growth indexes in the world.
Which countries does Alpari opperate?
Alpari International uses the legal name Exinity Limited to conduct business in the Republic of Mauritius. Exinity’s trade name is Alpari International.