Alpari Review 2019 By FinanceBrokerage - Is Alpari a Good Broker?
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General Information
Broker Name:Alpari Limited
Broker Type:Forex
Country:Belize
Operating since year:1998
International offices:11th Floor, Maeva Tower, Silicon Avenue, Cybercity, Ebene, Quatre Bornes, 72201, Mauritius
Regulation:CBR, FSCM
Address:Suite No. 1094, 16 Albert Hoy Avenue, Belama Phase 1, Belize City, Belize
Broker status:Incorporated under registered number 137, 509, authorized by the IFS of Belize, license number IFCS
Customer Service
Phone:+44 8458 690980
Fax:+44 (0)20 7426 2949
Email:info@alpari.com
Languages:English
Availability:24 Hours a Day, Mon–Fri
Trading
Trading Platforms:MetaTrader 4, MetaTrader 5 or BinaryTrader
Trading platform(s) timezone:6:00–19:00 GMT, Mon–Fri
Demo Account:Yes
Mobile trading:Yes
Web based trading:Yes
Bonuses:Alpari Cashback program, and privileged premium client status
Other trading instruments:Currency Pairs, Spot Metals, Stock CFDs, ETF CFDs, Index CFDs and Commodity CFDs.
Account
Minimum deposit ($)$ 0
Maximal leverage (1:?)1:1000 (maximum)
Spread1.6 pips
Platform Review
Alpari Review Content

● Introduction
● Trading Account Types
○ Trading Category
○ Investment Category
● Regulations
● Trading Instruments
● Payment and Bonuses
● Education
● Additional Information
● Conclusion

Alpari Review 2019 — Experience Speaks for Itself



Alpari was founded in 1998 and is currently headquartered in Mauritius. They have managed to become one of the largest brands within the trading industry. They have over 2 million dedicated clients, 20 years of experience in the industry, 8 locations across three continents and over 250 trading instruments.

In this Alpari review, we will discuss what you should consider before signing up with them. Though they started out as a small company, they have managed to become one of the most global and inclusive brokers in the field. They continue to develop every day to cater to their clients’ needs, providing them with the best experience possible.




Trading Account Types at Alpari



Whether you are new to trading or consider yourself a highly experienced investor, Alpari has the right account level for you. Their main accounts are divided into two sections and vary depending on the platform of your choice. The two categories are trading and investing.

Trading

If you choose to the trading category, you will have six different types of accounts to choose from.

Nano.MT4

● Minimum Deposit: $0
● Instruments: 33 currency pairs and 2 metals
● Deposit currency: USC, EUC
● Hedged margin: 50%
● Max order volume: 10
● Max number of orders: 25
● Leverage: 1:500
● Fixed spreads
● Commission: -

Standard.MT4

● Minimum Deposit: $20
● Instruments: 33 currency pairs and 2 metals
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 50
● Max number of orders: 500
● Leverage: 1:1000-1:10
● Floating spreads
● Commission: -


Standard.MT5

● Minimum Deposit: $100
● Instruments: 33 currency pairs and 2 metals
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 50
● Max number of orders: 500
● Leverage: 1:1000-1:10
● Floating spreads

Ecn.MT4

● Minimum Deposit: $300
● Instruments: 46 currency pairs, 2 metals, 18 CFDs
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 100
● Max number of orders: 500
● Leverage: 1:1000-1:2
● Floating spreads
● Commission: -


Pro.Ecn.MT4

● Minimum Deposit: $500
● Instruments: 46 currency pairs, 2 metals, 18 CFDs
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: -
● Max number of orders: -
● Leverage: 1:1000-1:2
● Floating spreads
● Commission: $16 per $1M

Ecn.MT5

● Minimum Deposit: $500
● Instruments: 46 currency pairs, 2 metals, 18 CFDs
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: -
● Max number of orders: -
● Leverage: 1:1000-1:2
● Floating spreads
● Commission: $16 per $1M



The higher level of account you choose the more advantages come with it. Obviously, if you are just starting to trade, you would choose the lowest level with the minimum required deposit. Alpari definitely caters to all kinds of traders and maximizes the diversity for independent trading.




Investing

In the investing category, Alpari provides five different account types.

PAMM.Standard.MT4

● Minimum Deposit: $300 public account; $100 private account
● Instruments: 33 currency pairs, 2 metals
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 50
● Max number of orders: 500
● Leverage: 1:1000-1


PAMM.Standard.MT5

● Minimum Deposit: $300 public account; $100 private account
● Instruments: 33 currency pairs, 2 metals
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 50
● Max number of orders: 500
● Leverage: 1:1000-1:10
● Commission: -

PAMM.Ecn.MT4

● Minimum Deposit: $300 public account; $300 private account
● Instruments: 46 currency pairs, 2 metals, 18 CFDs
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 100
● Max number of orders: 500
● Leverage: 1:1000-1:10
● Commission: -

PAMM.Pro.Ecn.MT4

● Minimum Deposit: $500 public account; $500 private account
● Instruments: 46 currency pairs, 2 metals, 18 CFDs
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 100
● Max number of orders: -
● Leverage: 1:1000-1:2
● Commission: $16 per $1M


PAMM.Ecn.MT5

● Minimum Deposit: $500 public account; $500 private account
● Instruments: 46 currency pairs, 2 metals, 18 CFDs
● Deposit currency: USD, EUR, GLD, RUR
● Hedged margin: 50%
● Max order volume: 100
● Max number of orders: -
● Leverage: 1:1000-1:2
● Commission: $16 per $1M

In the investment category, the stakes get a little bit higher, but the tools that come with it definitely make up for the deposit minimums. Alpari also has some more details regarding trading on their accounts. They bring the attention of their users to some details regarding pending orders which must be placed at least 0.5 spreads from the current price levels on standard and nano accounts. Spreads might also widen on nano.mt4 accounts. The number of leverage changes with the margin requirements depending on the accounts.

Trading Instruments at Alpari

Since Alpari mainly focuses on Forex they have a large list of currency pairs to offer to all of the accounts. Though the number of pairs is limited depending on the account, the choices are still there. You can also trade commodities (metals) and CFDs with Alpari.

Though the overall financial instrument types are not too great, keep in mind that their main product is Forex. If you are a forex trader then this is a great platform, though your other options would be quite limited.


Alpari Regulations and Licenses

Alpari is regulated by the Financial Services Commission (FSC) in Mauritius. Their license number is C113012295. You can see their membership certificates and license scans on the website. The FSC is an esteemed financial institution so users are quite confident with their trading. The servers are kept separate in accordance with the regulations, all private and financial information is safely stored on cold servers. Overall, Aspari seems like a trustworthy broker who cares for the safety of their clients.






Payment Options and Bonuses at Alpari



As Alpari is a highly global broker they offer many options for payment. The four categories for fund transfers are

● Bank wires
● Credit/Debit Cards
● W-wallets
● Internal transfers

Alpari accepts almost all major cards and e-wallets, and the deposits are done quickly and painlessly. The withdrawal time varies depending on the type of transfer but is usually done one average within 2-5 days.

One of the greatest aspects of Alpari is their promotions and bonuses. As a way to reward their loyal traders, Alpari came up with four different types of rewards programs.

● Cashback — points given depending on the trading activity
● Premium client status — varying benefits upon receipt, such as 100% compensation on commissions
● Trading competitions — different prizes for different types of competitions
● Special offers — new offers and bonuses introduced at different times

No wonder Alpari managed to gather up to two million users. They provide a solid platform with great benefits and prizes. The more loyal you are to the platform, the more benefits you receive.

Education with Alpari

You have a chance to participate in their education courses where you may learn Forex trading. Obviously, since Alpari mainly focuses on Forex trading they provided education for the specific financial instrument. The courses are mainly for beginners and teach the 101 of Forex trading, so professionals will not benefit too much from the materials.

Additional Information About Alpari

The website is very easy to navigate and is filled with information. Alpari provides its clients with the ability to learn about every detail about their company, trading options, legal policies, and more. The website is available in many languages, such as Arabic, English, Farsi, Hindi, Chinese, Vietnamese, Portuguese, Russian, Bahasa Indonesian and Bahasa Malaysia. This is an expected trait for such a global company.

The technical customer support work 24 hours a day, 7 days a week. You can contact the Alpari customer support team via email, live chat, telephone, Skype and Viber. For client support though, the calling hours are more limited, working 6-19:00 GMT Mon-Fri.



The list of restricted countries is quite large. Alpari does not provide services to the citizens of the USA, Mauritius, Japan, British Columbia, Quebec, Saskatchewan Haiti, Suriname, The Democratic Republic of Korea, Russia, Azerbaijan, Belarus, Kazakhstan, Armenia, Moldova, Tajikistan, Uzbekistan, Turkmenistan, Ukraine, and Georgia. Though Alpari is such a global broker, many countries are unable to benefit from their tools and offers.

Alpari Review 2019 Summary — If You Trade Forex This is a Good Option for You



Overall, we are quite satisfied with what Alpari has to offer. They have great account types, secure and segregated servers, strong regulations, amazing bonuses and promotions, vast payment options, and more.

It is unfortunate that so many countries are restricted from working in with Alpari even though they claim to be a global broker. They offer great services to Forex traders or investors and pride themselves on their long experience in the field. It is obvious that in 20 years of Alpari being around, they learned how to satisfy their customers thus managed to gather over two million loyal traders.

Even though the options are still limited, trading with Alpari should not be an issue at all. Quite the opposite, for Forex traders it seems to be a great experience. We urge you to try their services and let us know what you think in the comments and ratings below.

Overall
4
  • Support
    (4.5)
  • Platform
    (4)
  • Spread
    (4)
  • Trading Instrument
    (3.5)

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6 Comments

  1. Alex Smith November 29, 2018
  2. Cooper Mcdonalds November 29, 2018
  3. Charles Murphy November 29, 2018
  4. Zach White June 25, 2019
  5. Celestine Marquez July 5, 2019
  6. Zac Wilsons July 9, 2019

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