Written by: Adam Nasli
Recommended for: forex trading 4.0/5
Trusted broker: Negative balance protection (terms apply)
Updated: DEC,2022
Popularity: 2 millions people chose this broker overall.
BrokerChooser Score: 4.6/5
Alpari review summary
Alpari is one of the largest Forex brokers that acquired experience over the years of operation, while was founded in 1998 by three partners in Russia that started from zero, passed through all complications, crises and managed to become a global trading company.
Currently, Alpari offers a wide range of quality services for modern internet trading on the foreign exchange currency market with over a million clients from 150 different countries and serves global offices in Russia, Ukraine, Belarus, Belize, Moldova, Mauritius, Saint Vincent and the Grenadines, Uzbekistan, Kazakhstan and Georgia.
Is Alpari a legit broker?
See how Alpari is regulated and whether you should have any concerns using it.
Alpari pros and cons
Pro
Cons
- Year of operation and good reputation
- Worldwide coverage and International Trading
- Good Instrument Range
- No Top-tier licenses or regulation
- Based and operates via International entities only
Alpari main highlights
Country of regulation | St. Vincent and the Grenadines |
Trading fees class | Low |
Inactivity fee charged | Yes |
Withdrawal fee amount | $0 |
Minimum deposit | $20 |
Time to open an account | 1 day |
Deposit with bank card | Available |
Depositing with electronic wallet | Available |
Number of base currencies supported | 5 |
Demo account provided | Yes |
Products offered | Forex, spot metals, CFDs, Cryptocurrency and Binary Options |
Fees
Overall, commissions and spreads charged by Alpari are at the lower end of the industry average.
Account opening
Alpari has one of the best account opening processes we encountered: it’s simple, quick, well-designed and intuitive. We were impressed with the ease of the process.
Deposit and withdrawal
You can withdraw money from your Capital.com brokerage account via bank transfer, credit/debit card, and electronic wallets such as Apple Pay or PayPal.
Trading platform
At Alpari users can trade on 3 interfaces.
Glossary
Not sure what some of the terminology means? Here are the most important and relevant terms used in our review
Legitimacy
Alpari is a thoroughly regulated broker, overseen by a number of highly reputable authorities around the world. Many of its clients are entitled to investor protection, depending on their country of residence.
Research
Alpari has great charting tools and market analyses on its website. The broker also provides a great news feed, which is available under the Discover menu icon.
Customer service
Alpari customer support is exemplary, one of the best in the sector. We received fast and comprehensive answers.