Alpari Review – By An Expert Forex Trader

I have been using Alpari for some years now and this is my honest review of the Alpari broker. Before you use the Alpari forex broker for your trading, you must read reviews like this.

Is Alpari Safe And Regulated?

Absolutely! The Financial Services Commission of Mauritius regulates and licenses Alpari International under license number C113012295, Code FS-4.1, Code SEC-2.1B.

Also, Alpari International follows strict regulatory guidelines. According to them, “All of the clients’ funds are kept in separate bank accounts. This ensures the safety and security of all accounts and investments.

Alpari Review – Frequently Asked Questions

What is Alpari’s Minimum Deposit?

Alpari’s minimum deposit amount starts at $0 for Nano MT4 accounts and rises to $100 for standard MT5 accounts and $500 for ECN accounts, respectively. Alpari accepts the following deposit currencies as a means of funding your tradering accounts; USD, EUR, GBP.

Is Alpari a Global Company?

Yes, Alpari is international, as it is available in 194 countries. In the sense that it operates in 194 countries across Europe, Asia, Oceania, and Africa, Alpari is a global trading platform. 

The United Kingdom, Germany, Australia, South Africa, Thailand, and China are among the major countries covered by Alpari. Alpari has a user base of over 10,000 people.

Is Alpari’s Trading Platform Safe to Use?

Alpari uses SSL encryption in its PC and mobile platforms to protect its clients’ personal information. Alpari also advises its clients to always look for the SSL security sign (a lock sign) on their browser while using Alpari via its web platform.

What is Alpari Broker Spread?

Alpari International has some of the tightest spreads on major currency pairs, with spreads as low as 0.4 pips. The spreads available on trades will be determined by the account type. When trading major Forex pairs, the micro MT4 account offers spreads as low as 1.7 pips.

How long does Alpari Broker Withdrawal Take?

Depending on the payment method used, the time it takes for the funds to reach your account may be delayed. It takes three to five business days for Bank wires, and 24 hours for e-wallet transfers.

Do they have a Bonus?

There are no bonuses available for traders on Alpari. However, they have a Loyalty Cashback program that allows you to get up to $5 back on each trade you make. At the moment, Alpari does not have any appealing promotions.

What is Alpari Broker Leverage?

In addition to all the appealing features, forex trading at Alpari offers the highest leverage of up to 1:1000. 

In general, major currency pairs in Forex allow leverage levels of 1:500, with minor currency pairs allowing leverage levels of 1:400, and commodities allowing leverage levels of 1:100.

However, remember to learn how to use leverage wisely, as a high set level can work against you, dramatically increasing your trading risks.

Is Alpari Broker Regulated?

Yes, Alpari is a regulated broker. This means that the Financial Services Authority (FSA) of Saint Vincent and the Grenadines regulates Alpari and oversees its operations. 

Is Alpari Broker an ECN Broker?

Yes. Alpari offers an ECN account that allows you to have a more transparent, flexible, and efficient trading experience than ever before.

Alpari Broker Deposit Methods 

Traders can make deposits using their bank accounts, credit cards, and e-wallets.

• Bank Wire Transfer & Cash deposit (24-72 hours):
• Credit/Debit Cards (credited in a few hours):
• FasaPay
• TC Payment
• E-Wallets such as Neteller, Skrill, BitPay (for Bitcoin), and WebMoney.

Alpari Broker Withdrawal Methods

Before you can request any withdrawal of account funds or balance, your account must be verified with Alpari. At Alpari, you can withdraw your profit using the following methods; Bank Transfer (24 hours), Credit/Debit Cards ($3 transaction fee), and E-Wallet Withdrawal via Neteller, Skrill, or WebMoney.

Alpari Broker Commission

Alpari International charge 1.5$/lot

Where does Alpari International have its headquarters?

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

How do I Register to Trade on Alpari?

By going to the Alpari International website and clicking the ‘Register’ tab, you can open an account in a matter of seconds.

Is MetaTrader used by Alpari International?

Yes, MetaTrader 4 and MetaTrader 5 are both available.

Alpari Review – Account Types And Spread

Alpari offers four different types of live trading accounts: 2 Standard Accounts and 2 ECN Accounts. Alpari’s minimum deposit is $100 for US traders, $50 for Iran-based traders, and $5 for Nigerian traders.

1. Standard MT4 accounts: Alpari offers two standard accounts which include Micro Account and Standard Account. Both of these accounts use an order execution model that is instantaneous.

2. ECN accounts: A minimum deposit of 20,000 or $500 is required to open an ECN account at Alpari. Variable spread + $3 commission per lot are the trading fees for this account type.

Alpari Deposit Methods

Traders can make deposits using their bank accounts, credit cards, and e-wallets.

• Bank Wire Transfer & Cash deposit (24-72 hours):
• Credit/Debit Cards (credited in a few hours):
• FasaPay
• TC Payment
• E-Wallets such as Neteller, Skrill, BitPay (for Bitcoin), and WebMoney

Alpari Review – Trading Platforms

Alpari provides the most popular and well-known MT4 trading platform, as well as its advanced generation MT5. It makes no difference which device you use because there are versions for PC, Android, and iOS devices that allow you to earn from anywhere.

Alpari also developed the Alpari Invest App for placing trades and along with a Binary trader platform.

Alpari Review – Trading Instruments

• Forex
• Spot metals
• CFDs
• Cryptocurrency 
• Binary Options

Alpari Traders Education

Alpari also provides a variety of analytical support and analysis from reputable sources, including fundamental analysis from the Forex economic calendar and news from FxWirePro, technical analysis from Trading Central, and signals from Autochartist.

Summary Alpari Review

Despite its recent regulatory flaws, the Alpari brand is a reputable one among the market offerings. Alpari, on the other hand, is a reliable broker with whom we can trade.

Alpari’s solutions cater to a wide range of traders’ needs, with a variety of execution types and tools to choose from. 

Furthermore, the broker demonstrates excellent learning capabilities and support, as well as a variety of generous programs such as contests, cashback options, etc. All of which is a positive addition to the company’s portfolio and a benefit to you as a trader.