Alpari Features

The forex industry has been dominated by Alpari for over 20 years. The Financial Services Commission (FSC) licenses and regulates Alpari. More than 2 million people have registered with Alpari across eight global locations.

With more than a decade of experience in the forex market, Alpari has become one of the most reputable brokers. Three partners in Russia founded it in 1998, and it went through all complications and crises to become a global trading company.

With over a million clients from 150 different countries, Alpari offers a wide range of high quality services for online trading on the foreign exchange currency market. They operate offices in Russia, Ukraine, Belarus, Belize, Moldova, Mauritius, Saint Vincent and the Grenadines, Uzbekistan, Kazakhstan, and Georgia.


Russian Federation (Asia)

Year Founded


Broker Type


Regulating Authorities

Prohibited Countries

Islamic Account

Demo Account

Institutional Accounts

Managed Accounts

Minimum Deposit


Maximum Leverage


Payment Methods

Trading Platform Types

Operating Systems

Website Languages

Customer Support

Phone calls, live chat and FAQ.

Alpari Pros and Cons

The strong standing and long history of Alpari make it a reliable broker. Several instruments are available for trading with quite good conditions, including Binary Options, and education is also good. Alpari offers great research and analysis, provides automatic trading, and participates in a variety of projects.

In addition to not having a serious license, Alpari's trading fees for some instruments may be higher, and there is no 24/7 customer support.

  • Year of operation and good reputation.

  • Worldwide coverage and International Trading.

  • Good Instrument Range.

  • Low Deposit Requirement.

  • All account types are available with affordable starting spreads.

  • No requotes required for direct market access.

  • Alpari CopyTrader allows strategy managers to share strategies.

  • All account types are protected against negative balances.

  • Financial Commission Compensation Fund member.

  • Segregated Client Funds.

  • ECN Accounts.

  • Pro Account holders are the only ones who can trade stocks.

  • High Deposit - Selected Accounts.

  • Materials for education are limited.

  • Platforms are not proprietary.

  • No Top-tier licenses or regulation.

  • Based and operates via International entities only.

Alpari Account Types and Features

Retail trading accounts at Alpari are available in four different types, as well as investment accounts through PAMM. MT4 or MT5, alpari.binary, and various lot sizes or PAMMs are available for different needs.

The fact that there is no minimum deposit requirement at Alpari makes trading in the Forex currency market very convenient. A demo account is also available, in addition to the live Forex account. Nano.mt4 accounts are used to keep the risk as low as possible by trading currency using cents.

Features Standard MT4 Standard MT5 ECN MT4 ECN MT5 Pro ECN MT4

Account Currencies


Available Leverage

1:1000 — 1:10 1:1000 — 1:10 1:3000 — 1:2 1:3000 — 1:2 1:3000 — 1:2

Minimum Deposit






Starting Spreads

From 1.2 pips From 1.2 pips From 0.4 pips From 0.4 pips From 0.4 pips

Commission Per Trade

$0 $0 $3 per lot per side $0 $3 per lot per side

Decimal Pricing

Up to 5 decimals Up to 5 decimals Up to 5 decimals Up to 5 decimals Up to 5 decimals


No No No Yes No

Trading Instruments

  • 61 FX pairs
  • 5 Metals
  • 14 CFDs
  • 61 FX pairs
  • 5 Metals
  • 14 CFDs
  • 56 FX pairs
  • 3 Metals
  • 14 CFDs
  • 4 Cryptocurrencies


  • 33 FX Pairs
  • 2 Spot Metals
  • 54 FX pairs
  • 3 Metals

Min. Lot Size Per Trade

0.01 0.01 0.01 0.01 0.01

Max Lot Size Per Trade

50 50 100 100 100

Demo Account

Yes Yes Yes Yes Yes

Swap / Rollover Free

Yes Yes Yes Yes Yes

Copy Trading Support

No No No No No

Alpari Islamic Account

Islamic swap-free trading is available at four levels of trading accounts at Alpari. For all non-Islamic trading accounts created by Alpari, Extended Swap-free status is offered by default.

Alpari Demo Account

Beginners can practice forex trading with Alpari's free demo account in a risk-free environment. Demo accounts at Alpari expire after 30 days.

Alpari Account Opening Guide - Step by Step

The first step is to start registration

On the Alpari website, the orange "Register" button can be clicked to begin the registration process.

Completing the registration process is the second step

Applicants must complete a simple registration form and accept the set terms and conditions to complete the registration process.

Alpari Deposit & Withdrawal

Some deposits with Alpari are fee-free, including Bitcoin, Ethereum, Litecoin, and Zcash. Alpari accepts deposits and withdrawals via Bank Transfer, FasaPay, BitCoin, and more. Some deposits with Alpari are fee-free, including Bitcoin, Ethereum, Litecoin, and Zcash. Depending on the withdrawal option selected, the execution time may vary.

Live trading accounts can be funded commission-free with major payment options. Depending on your region, however, a few options may be subject to fees.

There is no minimum deposit requirement, so traders are free to start with any amount. As a result, we found a large number of low-fee methods that provide reasonable conditions overall as well.

In Alpari, how do I deposit money?

Your account area will ask you to select a method for depositing money. A wide range of payment options is available at Alpari , and the range is constantly being updated, including:

  • Bank Wire Transfers.
  • Credit or debit cards.
  • Electronic payments such as Skrill, Neteller, WebMoney, eBanking, and FasaPay.

Furthermore, Alpari's traders can make commission-free transfers between their accounts in USD, EUR, and GLD currencies.

Alpari accepts Bitcoin?

Bitcoin and Crypto Deposits are accepted at Alpari, but verification of customer support is required.

Alpari Minimum deposit

The minimum deposit amount at Alpari starts at $5 and goes up to 20$ and 500$ for ECN accounts, respectively. Overall, it's an excellent deal.

Withdrawals from Alpari

You can withdraw funds from Alpari via a variety of methods, but other methods may incur additional fees depending on the provider and region.

What is the withdrawal time from Alpari?

Withdrawals are usually confirmed within two business days by the broker. You can also expect to receive money in your account after around five working days, depending on the method you used and your country.

Alpari Fees and Spreads

Fees for trading with Alpari start at $1.5 USD.

Alpari offers two execution methods: standard or ECN; spread charges are applicable based on the chosen method and start at 0.0 pips. For full fees, check funding fees, inactivity fees, or other commissions.

In general, Alpari's fees are good, and some deposits and withdrawals are free. The method you would use and the entity you operate should determine what you'd pay as fees. Inactivity fees should also be considered.

Fees Alpari Fee Pepperstone Fee GMI Fee
Deposit fee No No No
Withdrawal fee No No No
Inactivity fee Yes Yes Yes
Fee ranking Low Low Average

Alpari Spreads

Spreads at Alpari start at 1.2 pips.

While the Alpari trading fees, which are built into the Alpari spread are considered very competitive in terms of the market offerings, you can check out and compare Alpari fees to FP Markets.

Standard Alpari Spread for EUR USD is 1.1 pips, while ECN account offers raw spread plus commission.

Some accounts at Alpari offer higher spreads than other competitors, yet overall fees are around the average industry proposal.

Asset Alpari Spread Pepperstone Spread GMI Spread
EUR USD Spread 1.1 pips 0.2 pips 1 pips
Crude Oil WTI Spread 1 pips 8 pips 5 pips
Gold Spread 4 1.4 3
BTC USD Spread 21.2 $10 626 pips

Overnight fees

When you hold an order for more than a day, you will incur an overnight fee. For example, if you shorted EURUSD, you would pay 0.65, and if you longed EURUSD, you would pay -1.31.

Alpari Commission

It depends on the account traders choose whether Alpari offers commission-free trading.

Alpari Leverage

Additionally, Alpari offers a maximum leverage of 1:3000 for Forex trading performed.

Forex trading at Alpari usually allows leverage levels of 1:500 for major pairs and 1:400 for minor pairs, while commodities are typically set at 1:100.

A regulated broker, however, offers lower leverage for safety, which makes it recommended to proceed with caution. Be careful when using leverage, since a high level can also lead to increased risks.

Alpari Bonuses

Sign-up bonuses are generally not offered by Alpari. As a first-time trader, traders cannot also benefit from a no-deposit bonus or a welcome bonus with Alpari.

Although Alpari offers a 30% deposit bonus ($100 and more) for new clients in the Middle East region for a limited period that ends on 29 Feb 2024 and might extend upon Alpari's decision.

Alpari Trading Platforms

MetaTrader4 and MetaTrader5 are two of the most popular trading platforms offered by Alpari. The apps are available for PC, Android, and iOS devices, so it doesn't matter which device you use.

Availability of Different Platforms

Alpari offers an excellent selection of popular MT4, MT5, and its own developed platform in addition to its own user interface and a wide range of helpful tools.

Platforms Alpari Platforms InstaForex Platforms Plus500 Platform
MT4 Yes Yes No
MT5 Yes Yes No
Own Platform Yes Yes Yes
Mobile App Yes Yes Yes

Alpari Desktop Platform

MT4 doesn't need much explanation since millions of traders around the world use it, enjoying the platform's functionality and comprehensive features. Traders of any style are welcome at Alpari, and EAs are allowed without restrictions.

It will bring additional orders and instruments for analysis with increased functions if you prefer MT5, the latest version of the earlier popular version. This will help traders trade more efficiently. In this way, traders of any experience and size can benefit from a wide range of software that enhances strategies and general functionality.

With Binary Trader, a platform developed by Alpari specifically for binary trading, traders have access to a simple, but effective user-friendly platform along with the ability to trade via mobile. The risks associated with Binary Options should, however, be understood.

Alpari Market Instruments

Trading instruments offered by Alpari include Forex, Commodities, Metals, Indices, Stocks, and Cryptocurrencies. Various trading methods are available for each asset. The Alpari platform allows you to build a portfolio using a wide variety of instruments.

Trading instruments are not all equally suitable. Your trading style, goals, and preferences will determine how you invest. The risk-reward ratio of commodities and forex is the highest of all trading options.

In the industry, Alpari is well known for its excellent reputation and excellent service. With a range of trading instruments that are highly competitive, Alpari is fully regulated by the Mwali International Services Authority. Fast trade execution, zero spreads, and ultra-low commissions are also available.

With Alpari, you can trade those instruments with extremely tight spreads and ultra-low commissions. You can multiply your trading results with leverage up to 1:3000. Take advantage of falling prices by going short, or take advantage of an upward trend by going long. Daily insights and potential market movements are published by Alpari's experienced market analysts.

Each instrument's contract specifications are currently being added by Alpari.

The following tools are offered for Alpari's clients for trading assisstance:

  • One-Click Trading.
  • Trade off Charts.
  • Email Alerts.
  • Mobile Alerts.
  • Stop Order.
  • Market Order.
  • Trailing Stop Order.
  • OCO Orders.
  • Limit Order.
  • 24hr Trading.
  • Charting Package.
  • Streaming News Feed.

Alpari Safety and Security

Execution quality is one of the most critical factors when choosing a broker, especially for experienced and professional traders. A no-dealing desk model and relationships with top liquidity providers enable Alpari International to provide reliable execution without requotes. Additionally, Alpari International's operations funds are segregated from client funds and stored in reputable banks.

Alpari Regulations

The Financial Services Commission (FSC) fully licenses and regulates Alpari. All client funds and data are kept in secured and segregated accounts at Alpari.

Due to its registration as a licensed investment dealer, Alpari International is able to serve clients in 150 countries. Alpari International is licensed by the Financial Services Commission of Mauritius to provide brokerage services to traders worldwide. Only a few countries are excluded, however. Additionally, KYC and anti-money laundering policies must be followed in the company's compliance process. Alpari International is also a member of the Financial Commission, which handles disputes between traders. Traders who join in 2013 may receive a compensation fund award of up to EUR 20,000. Clients will be able to benefit from this if a dispute is settled in their favor.

Is Alpari a scam or safe?

It is not a scam, Alpari is a legitimate company. With many years of experience and a good reputation, it is a well-known company. ASIC and FCA, both world-renowned authorities, require brokerages to hold reputable licenses in order to offer traders the highest level of safety. Alpari does not have any of those licenses at present.

In addition to good service, Alpari has an impressive reputation. Through its millions of clients and a history of success, the broker is well known and established, but not licensed by top tier authorities.

Alpari Customer Support

Alpari Platform participants can reach Alpari International representatives in eight different languages if they have questions or require guidance regarding their accounts. The Alpari International team is available by live chat and Telegram 24 hours a day, Monday through Friday, during market hours. Trading accounts can be opened even on weekends during select hours. Customer service representatives are responsive and helpful.

The traders at Alpari receive truly dedicated support. In addition to Live Chat, email, and phone support, Customer Service is available in multiple languages, so this is another plus.

In addition to being multilingual and available 24/7, the customer support team was responsive and professional.

Customer Experience at Alpari

Alpari International strives to make opening an account as easy and convenient as possible. An email address or mobile phone number is required to receive the verification pin code after completing the initial registration form. Following Alpari International's streamlined account registration process, users can seamlessly deposit funds with the company after providing proof of identity and address. A wide range of payment options is available, making this possible. Normally, withdrawals take 24 hours to process and are sent within a few hours.

It is highly intuitive and straightforward to navigate the MyAlpari dashboard to access any account settings, handle deposits and withdrawals, or access the MT4 or MT5 WebTrader platforms once you have registered. In addition to several useful resources for beginners, Alpari International hosts a section titled Forex Trading for Beginners. You can find answers to common questions or perform more complex account functions with the help of a searchable FAQ. There are many advanced features in MT4 that will appeal to both experienced traders and new traders, such as market depth, hedging, and multiple execution modes. In general, the portal is easily navigable and uncomplicated despite its simplicity.

Alpari Education and Training

Educators and analysts will enjoy the well-organized Education and Analysis section, while beginners can enroll in Investment Academy's educational courses and webinars. There will be a wide variety of methods of analysis taught in the courses that will give some unique insights, and how to avoid common mistakes and minimize losses.

Furthermore, Alpari provides a wide range of analytical support and analysis through trusted sources, such as the Forex economic calendar and FxWirePro's news, along with Trading Central's technical analysis and Autochartist's signals.

The Education section with its analysis is very impressive. Analysis providers that lead the industry are included. As well as being well organized, it provides many tools for education.

Alpari Awards and Recognition

Best Broker GCC


Forex Traders Summit Dubai

in 2022

The Forex Traders Summit Dubai took place in Dubai from February 16 to 17, 2022, making it one of the largest FX conferences in the Middle East. Experts in the financial market participate in the discussion panel.

Awarded Best Broker GCC 2022, Alpari. The brand was recognized for its achievements in the Middle East financial market. With over 15 years' experience providing high-tech financial services to clients in this region, Alpari meets their clients' needs while taking into account local traditions and mentalities.

Best Forex Broker


Smart Vision Investment Expo

in 2022

At the Smart Vision Investment Expo 2022 in Egypt, Alpari won the Best Forex Broker award. Alexandria and Cairo hosted the event for three days. Additionally, Mr. Max Finn, regional manager of Alpari, was honored at the same event as the Best Regional Manager.

Best broker


Forex Expo Dubai

in 2022

During the Forex Expo Dubai, Alpari was announced the winner in the category "Best Forex Broker 2021". Dubai World Trade Center hosted the event September 29-30. There were more than 5,000 attendees from 200 companies from 25 countries attending this landmark event.

The company's representatives negotiated with partners and counterparties at the Alpari display booth, communicated with existing and potential customers, discussed achievements and new technologies, such as trading cryptocurrency through PAMM accounts, trading CFDs on stocks of global companies, connecting to new payment systems, and more. In this way, the company has proven to be an industry leader and a reliable financial partner.



in 2018

Alpari is the clear winner in this category as it offers seamless mobile and desktop trading. With their intuitive and user-friendly app, traders can conduct and execute trades throughout the day and stay on top of the market 24 hours a day. Traders can keep up with market movements while on the move with this easy-to-use app. In 2018 competition, Alpari came out on top because of this app.


International Finance Magnates Awards

in 2015

The annual Finance Magnates London Summit named the best companies in the Forex industry for the year 2014. Prestigious financial awards competition attracted almost 500 companies from around the world. Eight nominations were submitted for the Finance Magnates Awards 2015. Alpari won the Best Binary Options Broker award.


Financial Pearl of Russia awards

in 2013

The fourth annual Financial Pearl of Russia awards recognized Alpari as the largest Forex broker in Russia. Some of Russia's largest financial companies receive these awards every year.


Golden Pheonix financial awards

in 2012

In the concert hall of the Borodino Hotel, the Golden Pheonix awards ceremony was held on April 26, 2012. Professional excellence is recognized in many areas within the financial sector through the Golden Phoenix. Publicly elected finance professionals select the winners.

In the category "Best Forex Investment Product", Alpari won first place with its PAMM Account service. The PAMM service has already been recognized once: shortly after its launch, it won first place at the Financial Olympics 2008 in Russia. Moreover, the service was recognized as the "Best Capital Management Program" at the Financial Pearl of Russia Awards.


9th Middle East Forex & Investment Summit

in 2011

At the 9th Middle East Forex & Investment Summit 2011, one of the region's most prestigious annual financial exhibitions, the Alpari brand won the "Best Forex Broker" and the "Best PAMM Provider". The only broker to win two awards at the event in 2011 was Alpari.

As representatives of Alpari, Alpari Financial Services Ltd ( and Alpari ME DMCC ( attended the event. With offices in more than 20 countries, these two companies are part of the international Alpari brand.


IBTimes Trading Awards

in 2011

A new set of prestigious awards has been added to the collection of AlpariAlpari (UK). In 2011, Alpari (UK) won the "Forex Broker Europe - Excellence" award at the 2011 IBTimes Trading Awards.

Among over 140 nominees, only 30 brokers received awards from IBTimes in 2011. The winners were chosen by more than 6,000 traders from 82 countries. As part of the IBTimes Trading Awards, the best financial service providers are recognized based on their products and services provided to traders and investors.


IBTimes Trading Awards

in 2011

IBTimes Trading Awards 2011 named [Alpari (US)] "Best Forex Broker Latin America".

A total of 140 brokers were nominated for awards by the International Business Times in 2011. These awards honor the best Forex brokers in the world and the quality of the services and products they provide to their clients. 

Based on consumer voting and a variety of quantitative and qualitative ratings, a panel of industry experts and research groups determined the winners in each category. It was a global vote with over 6,000 traders participating.


Financial Supermarket Awards

in 2011

The 2011 Financial Supermarket Awards have recognized Alpari as the premier Forex broker in Russia, named the "Forex Broker of the Year." This is the second time this year that Alpari has been recognized as Russia's best broker. Earlier this year, it was named "Company of the Year on the Forex Market" at the "2011 Financial Elite Awards."

In addition to banks, money managers, insurance companies, and investment houses, the Financial Supermarket Awards recognize some of the biggest names in the Russian financial world. Organizations and individuals have been recognized for their contributions to the Russian financial industry through these awards.


London Share Awards

in 2011

At the 2011 edition of the prestigious Share Awards, [Alpari (UK)] was honored with the 'Best FX Broker' award. The Grosvenor House Hotel in London hosted these awards recently.

The award is Alpari (UK)'s third in 2011. It was named the best Forex broker in the UK and Europe. Additionally, it was recognized with the 2011 Profit & Loss Digital Markets Awards and the Banker Middle East Product Awards.


Profit & Loss Digital Markets Awards

in 2011

In 2011 Profit & Loss Digital Markets Awards, [Alpari (UK)] was awarded "The Best Retail FX Platform".


Banker Middle East Product Awards

in 2011

Alpari (UK) won two categories at the Banker Middle East Product Awards in Dubai, winning in the categories of "Best Forex Broker" and "Best New Investment Product." The "Product Awards" are among the region's largest financial events, so this was quite an accomplishment. 

Trading in oil and gold contracts has shown particular popularity in the area since 2008, when [Alpari (UK)] began actively supporting traders.

The founders of Alpari ME DMCC formed the new member of the Alpari family in 2011 to address growing client interest in the Middle Eastern financial markets. Dubai Gold & Commodities Exchange (DGCX) is the company's listing exchange.


On Short List at European Excellence Awards

in 2010

At the 2010 European Excellence Awards, Alpari's video project "How Forex is Done" made the short list, among those leading international brands: Electrolux, Coca-Cola, Honda, International Olympic Committee, Opel, Philips, Tele2, Renault, Nord Stream, Shell, HP, LG, Microsoft, Skype, Bank Millennium, Mastercard, Deutsche Bank, Puma, German Ministry of Education & Research, Kraft Woods, Lufthansa, Pepsi, L’Oreal, British American Tobacco, Lloyds, Unilever, Saab, Volvo, BNP Paribas, McDonald's, Avon, Vodafone, Audi and others.

Excellence Awards recognize the best achievements in public relations in Europe. Organizers of the event include Communication Director, a leading European magazine for corporate communication. Thirty PR experts determine the awards in fifty-eight categories. First offered in 2007, when the Excellence Awards received more than 1,250 entries. This year's ceremony was held at the Zofin Palace in Prague, after the 2009 ceremony was held at the Hofburg imperial palace in Vienna.

Alpari Final Thoughts

Overall, Alpari is a fully regulated broker in the Republic of Mauritius by the Financial Services Commission.

Professional traders and institutional investors seeking direct market access will find the Alpari International platform appealing due to the low entry barriers and high execution quality. The ECN and Pro accounts have no dealing desk, so traders get reliable pricing from exemplary liquidity providers. Alpari CopyTrader offers professional traders MT4 and MT5 tools along with VPS hosting and EA support that sets it apart from other platforms.

In addition, CopyTrader makes fund management more hands-off for entry-level investors. Aside from this, the MyAlpari trader dashboard is very intuitive and intuitive to use, so navigating the different features and options is very natural and instinctive. An independent self-regulatory organization can provide additional assurances to prospective investors, even if the broker is only regulated by one regulatory body. The attractive features of Alpari International include a low spread, reliable execution, rapid funding options, and a straightforward interface.

Furthermore, Alpari review emphasizes the company's long history of operation. Despite numerous crises and hard times, it managed to provide global services to thousands of clients. Alpari is a reputable brand among market offerings, despite its recent regulatory shortcomings. Alpari is nevertheless a trustworthy broker for trading.

By offering a variety of execution options and tools, Alpari meets the needs of various traders. As well as superior learning capabilities and support, the broker offers generous programs such as contests, cashback, etc. You as a trader will definitely benefit from these programs as part of the company's portfolio.

We believe Alpari to be appropriate for the following:

  • Beginning Traders.
  • Forex Traders.
  • Traders who prefer MT4 or MT5 platform.
  • EAs running.
  • Islamic Account trading.
  • Low Deposit Trading.
  • Forex Contest Trading.
  • Traders with Variety of Trading Strategies.
Last Updated On Thurs, 24 Aug 2023

Talk about Alpari

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.