Alpari
3.5

Alpari

Regulation: Financial Commission (Hong Kong) and  CRFIN (Russia)

Pros
  • Large section of trading accounts for different levels
  • Vast variety of payment and withdrawal methods
Cons
  • Withdrawal delays
  • commission compensation for deposits or withdrawals is available only for traders with VIP status
  • Swap-free Forex Islamic accounts work only on MetaTrader 4

Reviewed broker: Alpari

Established in 1998

Regulation: The Financial Services Commission (FSC) Mauritius

Location: Fomboni Island of Moheli Comoros Union

Trading Instruments: 100s of markets including Forex, Commodities, Indices, Cryptos and Stocks

Account security: Fully segregated funds, with deposits secured at top-tier banks

Trading instruments: Forex, Commodities, Indices, Cryptos and Stocks

Trading Conditions

One-Click Trading: yes

Leverage 1:500

Base currencies: USD, EUR, RUB, GOLD, BTC

How does Alpari CopyTrade work?

If you’d like to get into the financial markets but you don’t have the knowledge or confidence to start, of the time to research and monitor the markets, our copy trading service could be the perfect solution.

Alpari CopyTrade allows you to copy the trading positions of experienced traders, known as Strategy Managers. Once you decide whom to follow, your account will automatically copy their trades – with no action required on your part.

Let’s say you make an initial investment of $1000. You start following and copying the trades of a Strategy Manager who makes a $500 profit on his next successful trade. Through Alpari CopyTrade, the Strategy Manager earns 10% of this profit, while you add $450 to your investment for a total of $1450.

The best part? You only pay your Strategy Manager when they produce a profitable trade.

Alpari Trading Platforms

Metatrader 4

The classic version of the world’s most popular terminal for exchange trading with maximum functionality has been chosen by millions of traders.

  • Secure execution of trading operations thanks to reliable encryption.
  • Innovative system of automatic trading through Expert Advisors.
  • Charts with many different timeframes for carrying out various trading activities.
  • More than 50 built-in instruments for technical analysis to help you keep track of the Forex market and find the ideal times to open and close trades.

MetaTrader 4 analysis

The free library offers thousands of additional indicators giving you unlimited opportunities to perform analysis in your trading. When a movement takes place on the Forex market, we have an instrument ready to identify and react to it.

  • Interactive charts.
  • 9 timeframes.
  • 18 analytical objects.
  • 29 indicators for technical analysis.

MetaTrader 5

One of the world’s most popular and technologically advanced terminals for exchange trading with access to depth of market and other modern solutions.

  • New order types (Buy Stop Limit and Sell Stop Limit) will help to make your trading strategies more effective.
  • High-performance MQL5 code for creating Expert Advisors and indicators.
  • Access to a database of technical indicators for efficient market analysis with Code Base.
  • Access to interbank liquidity through MT5 Bridge technology.

All the advanced functionality of the MetaTrader 5 trading platform will help to make your trading on the Forex market more effective.

  • 12 new timeframes.
  • More than 20 new technical indicators.
  • Built-in strategy tester.
  • Interactive charts.

Should I choose MetaTrader 4 or MetaTrader 5?

This depends on what instruments you’d like to trade and the tools you’d like to use. MetaTrader 4 has access to Forex, Metals, Commodities, and Indices, and offers a wide range of analysis tools and charting. MetaTrader 5, on the other hand, includes access to Stocks, as well as a more robust set of trading tools and advanced trading options.

What is the best trading app for beginners?

Alpari Mobile is an easy-to-use app, available for iOS and Android, giving you access to the markets in the palm of your hand. MetaTrader 4 and MetaTrader 5 do also offer free downloads for PC, Mac, tablet and mobile, if you prefer.

Alpari Trading Accounts

ECN – MT5

The traders’ choice! Market execution combined with the tightest spreads on MetaTrader 5. Access to all available instruments, including Stocks, advanced trading tools, and superior functionality.

Standard – MT5

Fantastic features for swing traders! Instant execution, plus the added benefits of access to all instruments, including Stocks, and advanced trading tools on MetaTrader 5.

ECN – MT4

Fuss-free trading for skilled traders! ECN comes with access to MetaTrader 4 and no commission charges. Market execution offers immediate fulfilment, a good choice for day traders.

Standard – MT4

Classic trading with Standard MT4. Instant execution of trades, at exact pricing, on the MetaTrader 4 platform.

Alpari Payments

For our 2024 Forex Review, the following payment options are available:

Transfer methodTransfer currenciesCommission
Bank transferUSD, EURYour bank’s commission
Bank card of the American payment systemUSD, EUR2.5%
TetherUSDT (Omni, ERC20)0% + USDT block chain commission
China Union Pay (CUP)CNY0% 1%
FasaPayUSD, IDR0.5%
AdvCashUSD, EUR0%
LatAm Online Banking and TerminalsCOP, MXN6% – 6.6%
Bank card of the international payment systemUSD, EUR2.5%
BitcoinBTC0% + Bitcoin network commission
EthereumETH0% + Ethereum network commission

Unlike most forex brokers, Alpari has set no minimum initial requirement, meaning that you can start trading with as little as $1

Alpari Customer Support and Educational Material

Alpari representatives are at your service around the clock with technical and trading support. Traders can also take advantage of free daily market fundamental and technical analysis. 

Alpari has wide selection of research offering with content from its in-house team of analysts. You can find fundamental and technical analysis updated regularly on its website, including daily videos on their Youtube channel. 

Alpari is offering full commission compensation for deposits made via China UnionPay!

Alpari Cashback

Earn ALP points on deposits, trades and other actions, to exchange for cash, refunds or discounts. All company clients with a myAlpari account are automatically included as part of the loyalty program. he number of points credited depends on the status of the myAlpari account. The higher the status, the more points you can get. The most points are awarded for trading turnover. The higher your trading turnover, the more points you get for every million of turnover.

UP TO 20% – Spread refund

UP TO 20% – ECN commission refund

UP TO 100% – Deposit commission refund

How was the rating of Alpari performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Alpari FX broker performance and features. 

Overall our online Alpari review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Alpari or you find inaccurate details Alpari broker review please get in touch with us and the changes will be applied. 

Despite its past difficulties, Alpari International remains a trustworthy broker with a distinct focus on emerging and frontier markets.

3.0
Regulation and Security
6.0
Platforms and Features
3.0
Deposit and Withdrawal
2.0
Educational Material
3.5 Overall Rating
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