Alpari Review 2021

Review sections

• Investor Protection & Regulations
• Tradable Products
• Account Opening
• Deposit & Withdrawals options
• Web & Desktop Trading Platforms
• Mobile Trading Platforms
• Trading Features
• Commissions & Spreads
• Bonus & Promotions
• Customer Support
• Research
• Trader Education
• Trading Experience
• FAQ
• Conclusion

Alpari Video Review

Investor Protection & Regulations

“Alpari International is a trading name of Exinity Ltd which is authorised and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. The company is also a member of the independent Financial Commission’s Compensation Fund.”

Alpari International is the business name of Exinity Ltd which is authorised and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius, as confirmed on the FSC Register of Licensees below:

According to the Exinity Ltd Client Agreement which can be found online on Alpari International’s website, the broker provides further protection to clients by:

• Segregating client funds from their own funds.
• Offering a negative balance protection policy.
• Being a member of The Financial Commission and its Compensation Fund.

Tradable Products

“Alpari International offers the ability to trade on more than 250+ financial CFD instruments covering Forex, Metals, Commodities, Stocks and Indices.”

Alpari International offers the ability to trade on more than 250+ financial CFD instruments covering Forex, Metals, Commodities, Stocks and Indices. Below is a list of just some of the markets that are available:

* Details regarding the available assets are taken from the Alpari International website and trading platform and are correct at the time of this review.

Trading costs such as spreads, commissions and overnight funding (swap) rates vary depending on the instrument being traded. A detailed review of the trading costs with Alpari International can be found further down this review.

Account Opening

“Alpari International offers four main types of trading accounts called Standard MT4, Micro MT4, ECN MT4/MT5 and ECN Pro MT4. The broker also offers an online Stock Trading account, as well as Islamic swap-free accounts and the use of a free demo trading account.”

Alpari International offers four main types of trading accounts that come with different features and benefits but suitable for both the beginner and advanced traders. Some of the features are listed below:

Alpari International also allows deposits in Nigerian Naira (NGN) with different deposit amounts and limitations per account. More details can be found on their website.

Opening an account with the broker is a simple process by clicking the ‘Register’ tab, located on the top right of their website. This then leads to a registration page which asks for name, country, email and password. Users are then redirected to the My Alpari Client Portal area to complete the registration which includes employment information, source of funds and more.

From here, users can open and manage trading and investing accounts, access deposit and withdrawal options, education, promotions and Alpari CopyTrade. However, users will need to verify their profile first with proof of identity and proof of address documents.

Alpari International does not provide services to residents of the USA, Mauritius, Japan, Haiti, Suriname, the Democratic Republic of Korea, Russia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Tajikistan, Uzbekistan, Turkmenistan, Ukraine, Georgia, New Zealand, Canada and Iran.

Deposit & Withdrawals options

“Alpari International offers a wide variety of payment options across a wide range of currencies, such as Bank Wire Transfer, Debit/Credit Cards, Neteller, Skrill, vLoad, WebMoney, PerfectMoney, FasaPay, GlobePay, Bitcoin and many others.”

When depositing funds with Alpari International, there are various funding methods available which are commission-free. The methods are detailed on the broker’s website, as shown below:

There are also local payment options for Pakistani Local Transfers, Mexican Local Transfer, Turkish Local Transfer, Indonesian Local Transfer and more.

While deposits are commission-free, there are commissions for some withdrawal methods. A full list can be found on the broker’s website or from the Client Portal Area. This area allows users to perform both deposit and withdrawals and it also lists the fees, such as the withdrawal section below shows:

Web & Desktop Trading Platforms

“Alpari International offers the ability to trade on the globally recognised MetaTrader 4 and MetaTrader 5 trading platforms for PC, Mac and Web.”

Alpari International offers a wide variety of different trading platforms suitable for both beginner and advanced traders to trade on multiple asset classes.

Alpari International MetaTrader 4

The Alpari International MetaTrader 4 trading platform is available for desktop download for PC and MAC and offers a variety of features including:

• 3 Order Execution Types
• Additional order execution conditions
• Hedging
• 30 Technical Indicators
• 31 Graphical Objects
• Group quotes of financial instrument in time intervals
• Strategy Tester

Alpari International MetaTrader 5

The Alpari International MetaTrader 5 trading platform is available for desktop download for PC and MAC and offers a variety of features including:

• 5 Order Execution Types
• 38 Technical Indicators
• 44 Graphical Objects
• 21 Timeframes
• Strategy Tester
• Chat with other traders directly from the platform

Alpari International MetaTrader Web Trader

The Alpari International MetaTrader Web Trader trading platform is a browser-based trading platform and offers a variety of features including:

• No download required
• Trade directly from your browser
• Access multiple asset classes

A screenshot of the Alpari International WebTrader trading platform is shown below and is also covered in more detail in the video review.

Mobile Trading Platforms

“Alpari International offers the MetaTrader 4 and MetaTrader 5 mobile trading app for both Android and iOS operating systems.”

Alpari International offers users the ability to access mobile trading on the go from the MetaTrader 4 and MetaTrader 5 mobile trading apps for both Android and iOS systems. The app download links can be found on the broker’s website, the Client Portal Area or in the Google PlayStore or Apple AppStore.

The MetaTrader trading app offers a variety of features for traders to access their accounts on the go.

The MetaTrader 4 mobile trading app offers:

• All order types and execution modes
• 3 types of chart views: Bars, Candlesticks and Line
• 9 different viewable timeframes
• 30 different trading indicators

The MetaTrader 5 mobile trading app offers:

• Financial news notifications
• Netting and hedging account options
• Market Depth
• Full set of orders, including pending and stop-orders

The Alpari International MetaTrader mobile trading apps are covered in more detail in the video review.

Trading Features

“Alpari International offers additional trading features such as Alpari CopyTrade.”

Users of Alpari International can access Alpari CopyTrade to follow Strategy Managers and copy their trades. The broker also provides the option to become a Strategy Manager and earn income from other people copying your trades. Users can find more details in the Client Portal Area, as shown below:

Commissions & Spreads

“Alpari International offers a variety of different trading accounts with varying spreads and commissions, with some accounts commission-free and some commission-based with spreads from just 0.4 pips.”

The trading costs with Alpari International vary depending on the type of trading account that is opened. Some examples are provided below and more can be found on their website:

ECN MT4/MT5 Account Commissions

This account is commission based and only occurs on the opening of a trade (which accounts for both the opening and closing of a trade). While spreads start from 0.4 pips, the amount of commission depends on the account currency and are calculated per lot. For example:

• Forex & Metals = 3 USD / 2.6 EUR / 2.35 GBP / 1,095 NGN per lot
• Indices = 7 USD / 6 EUR / 5.5 GBP / 2,555 NGN per lot
• Commodities = 4 USD / 3.5 EUR / 3.15 GBP / 1,460 NGN per lot

Swap rates for holding positions overnight vary and can be found in the MetaTrader trading platforms as well as on the broker’s website, as shown below. Swap-free accounts are only available on the ECN MT4 account.

Forex Trading

Metals Trading

Bonus & Promotions

“Alpari International are currently running several bonuses and promotional offers.”

Alpari International are currently running several bonuses and promotional offers. However, these are time-based and may change over time. While promotional offers can be found on their website, they can also be found in the ‘Promotions’ section of the My Alpari Client Portal area once users are logged in.

At the time of writing, Alpari International are offering the following bonuses and promotions:

• Refer a Friend – earn $50 for yourself and every friend or family member referred to Alpari using a personal referral link.
• Alpari Cashback – join the program to receive up to $5 back on every trade you make.

Customer Support

“Alpari International offers 24 hours a day, 5 days a week – and limited times on the weekend- through Live Chat, Email and Phone in multiple languages.”

Alpari International offers 24 hours a day, 5 days a week – and limited times on the weekend- through Live Chat, Email and Phone in multiple languages including English, Spanish, Filipino, Indonesian, Malay and Portuguese.

After testing the Live Chat function, we were greeted by an agent within a few seconds who answered our question promptly, as shown below:

• Address: 5th Floor, Nex Tower, Rue Du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius.
• Phone:
  • +442 080 896 850
    • Monday to Friday 24 hours a day
    • Saturday 11.00 – 16.00 GMT+2/GMT+3 during DST
    • Sunday 12.00 – 20.00 GMT+2/GMT+3 during DST
• Live Chat: 24/5, link on the website
• Email:
  • Client Support: customersupport@alpari.org
  • Account Opening: documents@alpari.org
  • Deposit/Withdrawals: operations@alpari.org
• Social:
  • https://www.facebook.com/AlpariGlobal/
  • https://twitter.com/alpariglobal
  • https://www.instagram.com/alpariofficial_en/

Research

“Alpari International offers market trading webinars covering different trading topics, as well as live market analysis.”

Alpari International offers market trading webinars covering different trading topics, as well as live market analysis. The calendar of webinars can be found directly on the broker’s website, as shown below:

Trader Education

“Alpari International offers a variety of trading education guides on its website, covering different topics such as Forex Trading Strategies, Commodity Trading Guide and others.”

Alpari International offers a variety of trading education guides on its website, covering different topics such as Forex Trading Strategies, Commodity Trading Guide, Forex Trading for Beginners, Precious Metals Trading and others.

Trading Experience

“Alpari International offers a variety of trading accounts that offer unique advantages to both beginner and advanced traders, as well as those interested in copy trading services.”

From our observations, Alpari International offers a wide range of services suitable for both beginner and advanced traders. The broker offers a mixture of commission-free and commission-based trading accounts with varying spreads and access to different amounts of leverage.

Users can trade a variety of markets from the globally-recognised MetaTrader 4 and MetaTrader 5 trading platforms of which there are plenty of support tools online, as well as access to the MetaTrader Market place. Users can also access Alpari CopyTrade for copy trading services and to become a Strategy Manager.

FAQ

Is Alpari International regulated?

Yes, by the Financial Services Commission (FSC) of the Republic of Mauritius.

Where is Alpari International based?

5th Floor, Nex Tower, Rue Du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius.

How does Alpari International make money?

Funds can be deposited commission-free into a trading account through a variety of mediums, such as Credit Cards, Bank Wire, E-wallets which includes Neteller, Skrill, VLoad, PerfectMoney and lastly Local deposit methods for various countries such as India, Palestines, Turkey, Mexico , Egypt etc…

How do I deposit in Alpari International account?

Funds can be deposited commission-free into a trading account through a variety of mediums, including credit and debit cards, Neteller, Skrill, VLoad, PerfectMoney, FasaPay, GlobalPay and Local Transfers in Pakistan, Malaysia, Indonesia, Vietnam, Nigeria, Thailand and China.

What is the min. deposit for Alpari International?

The minimum deposit is 5 USD/EUR/GBP.

How do I withdraw money from Alpari International?

Withdrawals can be made from logging into the Alpari International website and selecting ‘My Money’ from the left sidebar. Withdrawal methods include credit and debit cards, Neteller, Skrill, FasaPay and many more mediums, all with different withdrawal fees.

What is the max leverage in Alpari International?

The maximum leverage offered by Alpari International is 2000:1.

How do I open an account with Alpari International?

An account can be opened at the click of a button on the Alpari International website, through clicking the ‘Register’ tab.

Does Alpari International use MetaTrader?

Yes, both MetaTrader 4 and MetaTrader 5.

Conclusion

“Alpari International offers the ability to trade on more than 250+ financial CFD instruments covering Forex, Metals, Commodities, Stocks and Indices from the globally recognised MetaTrader 4 and MetaTrader 5 trading platforms and the Alpari CopyTrade platform.”

Alpari was founded in 1998 and rebranded to Alpari International in 2014 which is a brand name of Exinity Limited – a company that is authorised and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. The broker also provides transparency by publishing performance statistics on its website regarding the quality of their execution speed, slippage and requotes.

The broker provides the ability to trade on more than 250+ financial CFD instruments covering Forex, Metals, Commodities, Stocks and Indices from the globally recognised MetaTrader 4 and MetaTrader 5 trading platforms for desktop, web and mobile platforms. The broker also provides access to Alpari CopyTrade to copy trading positions from other Strategy Managers.

Users can trade from the Standard Account, Micro Account, ECN Account and ECN Pro Account, as well as from a demo trading account. Each account offers different features and services such as commission-free trading and higher leverage.

The broker also provides access to live webinars on an almost daily basis. These cover a variety of different trading topics. There are also educational materials on the broker’s website, along with different promotional offers.

• Full regulation from the Financial Services Commission (FSC) of the Republic of Mauritius.
• A wide range of account types offering a variety of institutional grade spreads, commission-free trading, varying leverage amounts and copy trading.
• Trade on multiple asset classes such as Forex, Stocks, Metals and Indices.
• Access globally recognised trading platforms MetaTrader 4 and MetaTrader 5 on Desktop, Web and on the Mobile Trading App.