Alpari brand, founded in 1998, is one of the better known forex brands in the retail forex trading industry. Operating as a group, Alpari is a leading forex broker that offers online forex trading services for hundreds of thousands of forex traders from all around the world and boasts of a monthly turnover of $200 billion. They are also recognized as an innovative broker providing traders with cutting edge trading solutions and have won numerous awards from international financial reviewers as recognition for their high quality services. For example in September 2014, they received the Golden Phoenix as the best forex broker in Russia.
FX Empire’s Awards Received
For forex and CFDs trading platforms, Alpari offers 3 main types of trading platforms namely:
MT4 & MT5 trading apps for iOS and Android Devices
The most widely used trading platform in the online forex trading industry, the MT4 comes packed with a wide selection of trading tools designed to enhance one’s trading experience. There is also a comprehensive charting package integrated into the platform and the built-in programming language allows you to customize the trading platform with added functionalities.
The MT5 platform is the next generation forex trading platform that improves on the MT4 platform with a series of technical upgrades as well as a selection of newly added features.
Mobile Trading Apps
Designed for any smartphone or mobile device, these iOS and Android compatible trading apps ensures that you will never lose touch of the trading account wherever you go.
Alpari offers traders 5 main types of trading accounts. These comprise of:
Minimum Deposit of 500USD/EUR, 30,000 RUR, 500 GLD
1:100 Leverage Ratio
Stopped Out Level 60%
0.01 Minimum Lot Size
50% Hedged Margin
ECN Commission $16 per $1,000,000 nominal value
Pioneered by Alpari, PAMM (Percent Allocation Management Module) account is a service which permits investors to earn from forex trading without them having to trade on their own. The service also allows professional account mangers to earn additional income by managing these PAMM accounts. Investors can decide how much they want to invest and with whom they want to invest their money with. A professional trader can choose to become a PAMM accounts manager hence get to earn compensation for managing these accounts. Only a minimum deposit of $300 is required to get started on becoming a PAMM manager at Alpari.
Commission & Spreads
The spreads payable at Alpari depends on the type o trading accounts. Nevertheless, fixed spreads starts from a minimum of 2 pips (Nano MT4 Account). Minimum floating spreads varies from 0.1 pips (ECN MT4 Account) to 0.3 pips (Standard MT4 Account). For Pro ECN MT4 account, the minimum floating spread starts from 0 pips.
Live Customer support at Alpari is only available from 5:00 to 16:00 GMT from Monday to Friday. To get in touch with the support team, traders can contact them through email, Skype, live chat or the telephone. For the convenience of non English speaking traders, Alpari has made their website available in 7 other major languages apart from English.
Trading support at Alpari can be divided in 3 main categories:
Fundamental Analysis support at Alpari consists of the following below:
Macro Economic Indicators
News from Dow Jones
World Interest Rates
For technical analysis, Alpari support traders through:
Autochartist’s trading signals
Forecasts from Trading Central, a certified member of Asia IRP, Euro IRP and Investorside Research
As the expert analysis provided by Alpari, these analysis are complied in-house as well as from 3rd party providers. They include:
Alpari has always made it a point to provide their traders with the best possible conditions for trading forex. Without a doubt, they have earned the reputation of being a reliable and trustworthy broker. For what we can see, they are always trying to improve the level of their services to a level that can be considered second to none.