Alpari Review 2018

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Alpari Review

Alpari, founded in 1998, is a leading online Forex, Spot metal, stocks and CFD broker that offers traders a wide range of quality trading services. First started as a small provincial outfit, Alpari today has grown into one of the largest brands in the online trading industry. The broker owes its success to the dedication and devotion that it has shown to its one million clients plus that have signed up for it. Today, Alpari is continuing to develop and innovate to ensure that their clients can trade the financial markets in the best possible condition. Registered in Belize and on the islands of Saint Vincent and the Grenadines, Alpari is regulated by the Belize International Financial Services Commission and the Financial Services Authority of Saint Vincent and the Grenadines. The broker is also a member of the Financial Commission, an international dispute resolution organization for the forex trading industry.

Alpari Video Review

Alpari Regulations

Working with a regulated broker offers traders a recourse should the firm become insolvent. It also means that the broker must retain high levels of transparency and funding in all of their dealings. Plus they must keep traders funds in segregated bank accounts to protect the traders from their exposure levels.

Alpari is an international firm which falls under the regulatory purview of two separate regulators:

  • Belize International Financial Services Commission license no. 20389 IBC 2012
  • Financial Services Authority of Saint Vincent and the Grenadines under license no. IFSC/60/301/TS/17.


Alpari Reliability

Operational for nearly 2 decades, Alpari has over the years earned a reputation as a reliable broker – one that acts with honesty and transparency. Regulated in multiple jurisdictions, the broker complies with all international laws and maintained their operations to the industry standard. In recognition of Alpari’s achievements and contributions to the online forex trading industry, the broker has received numerous awards for industrial expertise over the years.  For example, in 2016 Alpari won FXEmpire’s award for the most innovative broker. In 2013, Alpari was named “Best Broker in Europe 2013” and “Best Broker in Russia and CIS 2013” by International Finance Magazine. In 2015, Alpari was crowned by Finance Magnates as the “Best Binary Options Broker” for that year.

In addition to their outstanding performance, as mentioned earlier Alpari is able to reassure their traders that it is not a scam by being regulated in two different jurisdictions, which is the Belize International Financial Services Commission and the Financial Services Authority of Saint Vincent and the Grenadines. This means that Alpari’s operations are in compliance with international legislation. With more than a million registered accounts, Alpari has proven that it has won the trust of traders from all over the world.

Alpari Trading Platforms

Alpari has provided their traders with 3 main types of trading platforms, the MetaTrader 4 (MT4) platform, the MetaTrader 5 platform and the Alpari BinaryTrader.

MetaTrader 4 (MT4) Platform

The most widely used trading platform by the online forex trading industry, the MT4 is a user-friendly trading platform that comes with a wide range of integrated trading tools. It also has a comprehensive charting package which forex traders can use to further enhance their market analysis. There are also numerous technical indicators which a trader can overlay over his trading charts. The MT4 has a built-in MQL4 programming language editor which computer-savvy traders can use to create their own indicators and expert advisors for automated trading.


MetaTrader 5 Platform

The MetaTrader 5 trading platform is a newer platform that is built upon the success of the MT4 platform. It comes with several new features and upgrades over the MT4 platform. These upgrades include:

  • 21 timeframes for the chart
  • Back testing capability
  • Extended library of free ready to use Expert Advisors (EAs), scripts and indicators
  • Improved user interface
  • Integrated with more than 75 analytical tools
  • Integrated MQL 5 programming language

Alpari BinaryTrader

To accommodate traders who want to trade binary options, Alpari has also provided their clients with a web-based binary options trading platform. The binary options platform allows traders to earn returns up to as much as 100% of their initial investment within a time span ranging from a few minutes to 24 hours. It is compatible with most web browsers today and comes with a user-friendly user interface. With the platform, binary options traders can trade in a wide range of instruments using a variety of option contract types such as High/Low options, Touch options, Range options and Spread options.

Mobile Traders

To cater for traders who are constantly on the move, all the above-mentioned trading platforms are also supported by mobile trading apps. This means that traders can download the mobile trading apps from Google Play Store or Apple App store to their Android or iOS-powered smartphones and trade the financial markets directly from their phones.


Alpari Account Types

Alpari’s trading account types are categorized into two main categories, Independent trading and Fund Management.

Independent Trading Accounts

For independent trading, there are 6 different types of trading accounts to choose from.


  • Minimum Deposit: 0 cents
  • Instruments: 44 Fx pairs + 2 spot Metals
  • Leverage: 1:500
  • Fixed Spreads


  • Minimum Deposit: $100
  • Instruments: 44 Fx pairs + 2 spot Metals
  • Leverage: 1:1000
  • Floating Spreads


  • Minimum Deposit: $100
  • Instruments: 44 Fx pairs + 2 spot Metals
  • Leverage: 1:100
  • Floating Spreads


  • Minimum Deposit: $300
  • Instruments: 48 Fx pairs, 12 spot Metals, 3 Commodity CFDs, 10 Index CFDs
  • Leverage: 1:1000
  • Floating Spreads


  • Minimum Deposit: $500
  • Instruments: 44 Fx pairs, 2 spot Metals, 3 Commodity CFDs, 10 Index CFDs
  • Leverage: 1:500
  • Floating Spreads


  • Minimum Deposit: $500
  • Instruments: 48 Fx pairs, 12 spot Metals, 3 Commodity CFDs, 10 Index CFDs
  • Leverage: 1:100
  • Floating Spreads

Fund Management Accounts

For traders who manage trading accounts for their clients, there are 5 different types of trading accounts to choose from:


  • Minimum Capital: $300 for Public Account and $100 for Private Account
  • Minimum Investment: $10
  • Leverage: 1:500
  • Instruments: 44 Fx pairs + 2 spot metals
  • Execution: Instant


  • Minimum Capital: $300 for Public Account and $100 for Private Account
  • Minimum Investment: $10
  • Leverage: 1:100
  • Instruments: 44 Fx pairs + 2 spot metals
  • Execution: Instant


  • Minimum Capital: $300
  • Minimum Investment: $10
  • Leverage: 1:500
  • Instruments: 48 Fx pairs, 12 spot Metals, 3 Commodity CFDs, 10 Index CFDs
  • Execution: Market


  • Minimum Capital: $500
  • Minimum Investment: $10
  • Leverage: 1:500
  • Instruments: 44 Fx pairs, 12 spot Metals, 3 Commodity CFDs, 10 Index CFDs
  • Execution: Market


  • Minimum Capital: $500
  • Minimum Investment: $10
  • Leverage: 1:100
  • Instruments: 48 Fx pairs, 12 spot Metals, 3 Commodity CFDs, 10 Index CFDs
  • Execution: Market

Alpari Cryptocurrencies Trading

With its new cryptocurrency based portfolio called Crypto Capital, traders at Alpari can now get involved in trading Bitcoin against the U.S dollar or Euro through a contract for differences (CFDs). By trading cryptocurrency with CFDs at Alpari, Bitcoin investors can benefit from the price movements of the cryptocurrency while insulating themselves from the more adverse effects of the cryptocurrency high volatility. This is due to the fact that with cryptocurrency CFDs, you are trading on a derivative rather than the actual Bitcoin itself.   This means that the cost of investment is much lower.

Another benefit of trading a cryptocurrency such as Bitcoin with CFDs is the fact that you can leverage your position with the leverage facilities offered by Alpari. Alpari offers leverage up to as high as 1:100. With the high price of Bitcoin, such leveraging goes a long way towards stretching your limited investment capital. By offering Crypto trading to its clients, Alpari recognizes the importance of this new market as well as giving their clients the chance to profit from this growing market.

Alpari Commissions and Spreads

At Alpari, there is no commission payable on any trade made by traders. Instead, traders are required to pay a slightly widened spread on the trades that they make. These spreads will depend on the type of instruments traded as well as on the type of trading account used to trade the markets. For individual trading, the minimum spread of each type of trading accounts is as follows:

  • MT4 = from 2pips (fixed)
  • MT4 = from 0.3 pips
  • MT5 = from 0.3 pips
  • MT4 = from 0.1 pips
  • ECN.MT4 = from 0 pips
  • MT5 = from 0 pips

Below is sample list of the type of spreads that are available at Alpari:


Spreads (in pips)

XAG/USD Spot Silver 5 pips
XAU/USD Spot Gold 30 pips
NG CFD 0 pip
WTI CFD 1 pip
FTSE100 CFD 1 pip
SPX500 CFD 0 pip
EUR/USD 0 pip
EUR/RUB 10 pip
XPTUSD Spot Platinium 1.8 pip

Alpari Deposits and Withdrawals Options

There are 4 main types of fund transfer method which traders can use for both deposits and withdrawals at Alpari. They consist of Bank wire transfer, Credit card transfers, eWallet transfer and Internal transfer.


  • Bank Wire Transfer

For bank wires transfers, these are executed through AS Expobank, Ameriabank.

  • Credit/Debit Cards

Supported cards include VISA, China Union Pay and One Click Payment.

  • eWallets

Available eWallet options at Alpari include Skrill, NETELLER, WebMoney, BAOKIM.VN and FasaPay.

  • Internal Transfer

Internal transfers are basically the transfer of funds between different accounts in Alpari.

Alpari Bonus and Promotions

To reward their loyal traders, Alpari regularly have several loyalty programs and promotional programs running. Basically, the promotional and reward programs can be divided into 4 categories, Cashback program, premium client status, special offers and trading competition.


Cashback Program

With the Cashback program, traders will receive points on their trading activities. These points can be accumulated and redeemed to get back money spent on trading fees.

Premium Client Status

When a trader is awarded the premium client status, he will gain access to additional benefits above and beyond what normal traders will receive at Alpari. For example, a premium trader can receive 100% compensation for transfer commission. He will also be able to trade without limits.

Special Offers

These offers are available on a periodical basis. Offers include:

  • Bonus money for free trades on binary options.
  • 100% refund on transfer commission incurring while topping up a binary options trading account.
  • Additional 3% payouts on successful binary options trades.
  • Commission Free deposits through China Union Pay.
  • 100% deposit bonus on binary options trading.

Trading Competitions

Alpari also conducts trading competitions on a regular basis which traders can join to apply their trading skills while at the same time get the chance to earn attractive cash prizes.

Alpari Customer Support

For the benefit of their non-English traders, Alpari has made their website available in 10 other major languages. The supported languages include Arabic, Farsi, Hindi, Chinese, Vietnamese, Portuguese, Spanish, Russian, Bahasa Indonesian and Bahasa Malaysia. For assistance from the customer support staffs, traders at Alpari can contact the support team through email, live chat, telephone, Skype, and Viber. The support hours depends on the type of support that the trader is looking for. If it is technical support, then the support is available 24/7. For client support, the operational hours are from 6:00–19:00 GMT, Mon–Fri.

Alpari Pros and Cons


  • Multiple Choices of Trading Platforms
  • Several Types of Trading Accounts
  • 24/7 Technical Support
  • Binary Options Trading Available
  • Competitive Spreads
  • Generous promotional offers
  • Numerous Trading Competitions


  • No Localized Telephone support
  • Multilingual support not available

Alpari Q&A

  • Is Alpari regulated?

Yes. They are regulated in Belize by the Belize International Financial Services Commission under license no. 20389 IBC 2012 and by the Financial Services Authority of Saint Vincent and the Grenadines under license no. IFSC/60/301/TS/17.

  • How safe is Alpari? Is Alpari a scam?

As a regulated broker, Alpari follows strict regulatory requirements designed to protect the interest of traders. These include anti-fraud measures such as KYC protocol (Know Your Customer), segregated client accounts, encryption software to protect clients personal and bank details.

  • Where is Alpari based?

Alpari’s operational base is located at 17 Ensign House, Admirals Way, Canary Wharf, London, United Kingdom. They also have registered offices in both Belize and Saint Vincent and the Grenadines.

  • How does Alpari make money?

Like all Brokers, Alpari earns money by charging a spread rather than a commission. This is a difference in the buy and sells  price of each trade. As an example you may buy the EUR/USD at 1.0968 you would sell it at 1.0970. This equates to a 2 pip spread and this is the way the broker makes its money.

  • How to deposit in Alpari account?

Funds can be deposited at Alpari through bank wire transfer, credit/debit cards, eWallets and from other accounts at Alpari. Once you have opened an account you can deposit straight away or you can wait till later to deposit. If you are trading with a demo account you can deposit at any time you feel ready.

  • How to withdraw money from Alpari?

Withdrawal of funds is usually done through the same method of the initial deposit of funds. For example, if a trader deposits $500 into his trading account using his credit card, then the fund withdrawn will also be done through his credit card up to the amount deposited.

  • How to open an account with Alpari?

To open an account at Alpari, a trader has to fill out a registration form like the one shown below. After completing the form, he merely needs to submit the form along with copies of the required document for verification.


  • Is Alpari reliable?

Yes. Alpari has earned a reputation for being a reliable broker. It has also won numerous awards bearing testimonial to its reliability including FXEmpire’s most innovative broker of 2016.

  • Does Alpari use MetaTrader?

Yes. Alpari uses both MetaTrader 4 and MetaTrader 5.  These are available as download or as a webtrader which requires no download and also through mobile

  • What is Alpari’s leverage?

Alpari’s maximum leverage ratio is 1:1000.


Alpari, with their long operational history, has definitely earned the trust of the online trading community. The wide range of products and services which they offer their traders ensures that no one is left out. Whether you are a beginner trader or an experienced trader, Alpari will definitely be able to meet all your trading needs.


Company Information

Broker DetailsInfo
Regulated byFSC
HeadquartersRussian Federation
Foundation Year1998
Publicly TradedNo
Number Of Employees500

Deposit Options

Credit Card, FasaPay, Neteller, OKPay, Skrill, Webmoney, Wire Transfer

Withdrawal Options

FasaPay, Neteller, OKPay, Skrill, Webmoney, Wire Transfer

Contact Information

Trading Account Options

Account TypeInfo
Min. Deposit$0
Max. Leverage1:1000
Mini AccountYes
Demo AccountYes
Premium AccountYes
Segregated AccountYes
Islamic AccountYes
Managed AccountNo

Alpari Trading Features

Suitable For

Trader LevelYes/No
Day TradingYes
Weekly TradingYes
Swing TradingYes

Customer Service

24 Hours SupportYes
Support During WeekendsNo

Customer Support Languages

Chinese, English, Hindi, Indonesian, Russian

Trading Services

Supported Trading PlatformsMT4, MT5
Commission On TradesYes
Fixed SpreadsYes
Educational ServiceYes
Email AlertsYes
Guaranteed Limit OrdersYes
Trailing SP/TPYes
Automated TradingYes

Supported Instruments

Instrument TypeYes/No


alpari-awards-2015 alpari-awards-2015 alpari-awards-2016


AlpariBonus & Promotions

Bonus infoOfficial Site
Create your own trading conditions!
Trade, invest, open and fund an account – even the most commonplace activities will reward you with bonus points from Alpari! The currency of your bonus account is Alps (ALP). You can exchange Alps for cash or use them to buy discount packages to improve your trading and investment conditions, and get refunds on the spread, commission on making deposits, transfers... Choose as many discounts as you like, and combine them to create your own individual trading and investing conditions.
Claim Now
Your capital is at risk


Rate this broker
  • 5.0
    Can invest through a PAMM account
    I’m not an experienced trader so I have opted for the PAMM account which means a money manager will manage my funds for me. Alpari have good analysts to manage my funds.
  • 4.0
    Good market analysis
    Loads of news coming through each day on the technical and fundamental news
  • 4.0
    MT4 and MT5
    This broker web and pc based trading for both MT4 and MT5. If you are in the EA business, it could definitely help you.
  • 5.0
    reliable and trustworthy
    I have confidence in depositing my funds with Alpari. They are regulated and have proven to be reliable broker. It's good to put your funds in a big broker - dont trust these small brokerage firms.
  • 5.0
    Good broker, I'm good with them
    I am trading with them for a while, they have good service and platform, I think they answer my demands.

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