Alpari Forex Broker

Quick Alpari Review SummaryCompany NameAlpari (Comoros) LtdFounded in2002Registered inMauritiusRegulated byNBRBTrading Instruments120+ trading products including Forex, Metals, Commodities, Indices, Cryptos, and StocksCurrency Pairs quantity60+Demo Account✅Islamic Account✅Account TypePro ECN, ECN, StandardMin Deposit$20 Max Leverage1:3000Spread0.3 pips onwards (Standard account)Trading PlatformAlpari App, MT4/MT5Deposit and Withdraw MethodsCredit/debit cards, e-wallets, bank wire transfers, and local payment solutionsCustomer ServiceEmail: legal@alpari.com, Phone: 00 44 20 45 77 19 51, Livechat, FacebookCustomer Services LanguagesEnglish, Farsi, RussianHeadquarter AddressBonovo Road, Fomboni, Island of Moheli, ComorosClients Regional RestrictionAlpari (Comoros) Ltd, does not provide services to residents of the USA, JMyanmarthe Democratic Republic of Korea, European Union, United Kingdon2,Alpari Information Founded in 2002, Alpari is regulated by the NBRB in Belarus and has eight global offices with operations on three continents. Alpari does not offer services for the residents from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.Pros and ConsProsConsRegulated by NBRBToo many complaintsMany instruments availableNo copy tradingDemo accountsRegional restrictionsLow minimum depositMT4 and MT5 platformsLive chat supportIs Alpari Legit? Yes. Alpari is regulated by National Bank of the Republic of Belarus (NBRB).Regulated CountryRegulated byRegulated EntityLicense TypeLicense NumberNBRBAlpari Evrasia Limited Liability CompanyRetail Forex LicenseУНП192637625Market Instruments Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.Tradable AssetsAvailableForex✔Metals✔Commodities✔Indices✔Cryptos✔Stocks✔Bonds❌Options❌ETFs❌Account Types/Fees Demo Account: Alpari provides a demo account that allows you to try out the financial markets without the risk of losing money. Live Account: there are in total 3 types of live account: Pro ECN, ECN, and Standard. In the table below you can see the details. The minimum deposit ranges from $/€50 to $/€500, and other conditions such as leverage, spread, and commissions are also different.Account TypePro ECNECNStandardTrading InstrumentsFX, metals, indices, commodities, cryptos, stock CFDs (only MT5)FX, metals, indices, commodities, cryptosFX, metals, indices, commodities, cryptosMin Deposit$/€500$/€300$/€50Max Leverage1:30001:30001:1000SpreadFrom 0.0 pipsFrom 0.1 pipsFrom 0.3 pipsCommission$25 per mil notional traded (FX, metals, indices, commodities)❌❌0.03% notional traded (crypto)$0.02 per side/lot (stock CFD)Trading PlatformMT4/MT5MT4MT4/MT5Margin Call80%80%50%Stop Out50%50%20%Swap Free✔✔✔Leverage Alpari offers a maximum leverage of up to 1:3000 for the Pro ECN and ECN accounts, while 1:1000 for the Standard accounts. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.Account TypeMax LeveragePro ECN1:3000ECN1:3000Standard1:1000Trading Platforms Alpari uses MetaTrader 4 and MetaTrader 5, which offer great flexibility, extensive charting tools and a user-friendly interface. Besides, Alpari offers a proprietary platform, which is available on desktop and mobile devices.Trading PlatformSupportedAvailable DevicesSuitable forProprietary platform✔Mobile/MT4✔iOS, Android, Mac, WebtraderBeginnersMT5✔iOS, Android, PC, MacExperienced tradersDeposit and Withdrawal Alpari accepts deposits and withdrawals via credit/debit cards, e-wallets, bank wire transfers, and local payment solutions. The minimum deposit amount depends on the trading account you choose, and can vary between $20 and $500. There's no maximum deposit restriction on Alpari. You can withdraw as much as you like, as long as you use the same payment method that you used to deposit with. If you still have open positions, youll need to leave enough free margin in your account to cover the withdrawal and any extra fees that may occur.