The Alpari brand today is a brand that is well known among the forex trading community as one of the trade leaders. The brand represents reliability, trust and quality. It has taken nearly 2 decades for Alpari to get where it is today. Established in 1998 when the Russian economy was undergoing a devastating economic turmoil, Alpari today has managed to develop itself from a small trading outfit to become one of the largest online forex brokerage firms in the world with more than a million clients. Furthermore this award-winning broker has 3 international licenses which lend further credibility and a feeling of security to an already impressive brokerage firm.
For trading the forex market, Alpari has 2 main types of trading platforms, the MetaTrader4 and the MetaTrader5). These 2 types of trading platforms are also available as mobile trading apps for both iOS and Android powered devices.
Regarded as the most widely used trading platform by forex traders, the MT4 comes equipped with a wide selection of tools at the trader’s disposal such as a comprehensive charting package, technical indicators, built-in programming language for added functionalities, automated trading and the ability to connect to the interbank market using the ECN bridging technology.
An upgrade over the MT4, the MT5 comes with additional new features that are designed to enhance the trading abilities of forex traders. It supports 21 different time frames and is equipped with more than 75 analytical tools. There is also a built-in programming language which traders can use to create their own trading system or indicators. A high speed back testing tool is also included in the MT5.
To cater to their diverse trading needs of their clients, Alpari have provided them with a choice of 5 different trading accounts for individual trading.
Especially suited for beginner traders
No Min Deposit Requirement
For those with some trading experiences
$/€100 Min Deposit
For those wanting to trade on interbank rates
$/€300 Min Deposit
For Professional Traders
$/€500 Min Deposit
For traders wanting to trade the markets with binary options
No Min Deposit
For managed portfolios, Alpari has provided the following types of accounts.
Min Deposit of $/€300 with spreads as low as 0.3 pips
Min Deposit of $/€300 with spreads as low as 0.1 pips
Min Deposit of $/€300 with spreads as low as 0.0 pips
The spreads at Alpari are extremely competitive and can be as low as zero pips depending on the type of trading accounts that the trader is trading from. For Nano MT4 trading accounts, the minimum spread starts from 2 pips. Standard MT4 accounts minimum spread starts from as low as 0.3 pips. For the ECN MT4 accounts, the minimum spread starts 0.1pip. As for Pro ECN MT4 accounts, the minimum spread can be as low as 0 pip.
The customer support service at Alpari is one of the most responsive around. Traders can get assistance whenever they needed it as the support services are provided on a 24/5 basis. To contact the support team, traders can do so by means of email, skype, live chat or the telephone.
Overall, it can be noted that Alpari is not only a beginner friendly broker but also an ideal broker for professional traders who wants to trade with the lowest spreads around. For beginner traders, the educational content is one of the most comprehensive around in the industry. In addition by letting traders open a live trading account without any minimum deposit, Alpari has made forex trading extremely affordable.
For experienced traders, Alpari has also put together a package which is second to none in the forex trading industry. The seasoned trader has access to sophisticated tools and an advanced trading platform which will help to ensure that all trades are executed in a timely manner. Furthermore with their ECN trading accounts, these professional traders can trade with the confidence that the spreads that they are getting are true interbank rates.
|Broker Name||Regulation||Min. Deposit||Leverage||Broker's Promotions|
|1||AVATRADE REVIEW||ASiC , BVI , Central Bank of Ireland , FSA||100 $/€/£||400:1||Limitid time offer - 100% BONUS||OPEN ACCOUNT|
|2||ITRADER REVIEW||CySEC||$250||500||Get up to a 30% welcome bonus on your first deposit||OPEN ACCOUNT|
|3||PLUS500 REVIEW||ASiC , CySEC , FCA||100||1:294||Get up to a 30% bonus on first deposit! *T&Cs apply, Your capital is at risk||OPEN ACCOUNT|
|4||FXTM REVIEW||CySEC , IFSC||$5||Floating 1:100||The FXTM Loyalty Cashback||OPEN ACCOUNT|
|5||FXGLORY REVIEW||FSC||$1||3000:1||Increase your deposit by 50%||OPEN ACCOUNT|