Alpari Forex broker specializes in providing foreign exchange trading services, the company's official website https://alpari.com/en/, the company's legitimate regulatory information BelarusNBRBRetail Forex License, to enhance the security of the company's address Bonovo Road, Fomboni Island of Moheli Comoros Union.
Alpari Forex Broker
Basic information
Comoros
5-10 years Regulated in Belarus Retail Forex License Global Business High potential riskCompany profile
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 Cons
| Pros | Cons |
| Regulated by NBRB | Too many complaints |
| Many instruments available | No copy trading |
| Demo accounts | Regional restrictions |
| Low minimum deposit | |
| MT4 and MT5 platforms | |
| Live chat support |
Is Alpari Legit?
Yes. Alpari is regulated by National Bank of the Republic of Belarus (NBRB).
| Regulated Country | Regulated by | Regulated Entity | License Type | License Number |
| NBRB | Alpari Evrasia Limited Liability Company | Retail Forex License | УНП192637625 |
Market Instruments
Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.
| Tradable Assets | Available |
| Forex | ✔ |
| 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 Type | Pro ECN | ECN | Standard |
| Trading Instruments | FX, metals, indices, commodities, cryptos, stock CFDs (only MT5) | FX, metals, indices, commodities, cryptos | FX, metals, indices, commodities, cryptos |
| Min Deposit | $/€500 | $/€300 | $/€50 |
| Max Leverage | 1:3000 | 1:3000 | 1:1000 |
| Spread | From 0.0 pips | From 0.1 pips | From 0.3 pips |
| Commission | $25 per mil notional traded (FX, metals, indices, commodities) | ❌ | ❌ |
| 0.03% notional traded (crypto) | |||
| $0.02 per side/lot (stock CFD) | |||
| Trading Platform | MT4/MT5 | MT4 | MT4/MT5 |
| Margin Call | 80% | 80% | 50% |
| Stop Out | 50% | 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 Type | Max Leverage |
| Pro ECN | 1:3000 |
| ECN | 1:3000 |
| Standard | 1:1000 |
Trading 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 Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Desktop, Mobile | / |
| MT4 | ✔ | iOS, Android, Mac, Webtrader | Beginners |
| MT5 | ✔ | iOS, Android, PC, Mac | Experienced traders |
Deposit 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.
Rating Index
ECN
Standard
Alpari Similarly Rated Brokers
Latest Reviews
Zebedee Pucklechurch
Nigeria
Alright, gotta spill the tea on Alpari. First off, complaints, complaints, complaints – that's the buzz. No copy trading is a miss, especially when everyone's into that. They throw in a demo and some education stuff, but real talk, the reliability is a bit shaky with all those user gripes. Might wanna watch your step and check out other options without the drama.
Neutral
2023-12-06
Evangeline Whittington
Egypt
I've been messing around with Alpari, and it's got some solid stuff going on. Been around since '98, and they're keeping things legit with NBRB regulation. You can trade everything – currencies, indices, commodities, you name it. Spreads and commissions? All laid out for you, no surprises. Different account types, leverage up to 1:1000 – it's a playground for traders. Plus, they throw in educational goodies and a demo account to hone your skills. Yeah, there are some complaints, but overall, Alpari's holding it down in the trading game.
Neutral
2023-12-05
Colodia
Russia
I love the tight spreads !!! But customer service could be quicker., I tink......
Neutral
2024-08-01