Alpari requires a minimum deposit of $50 for its basic account [Standard] and offers a maximum leverage of 1:1000 on it. Spreads on this account start from 1.2 pips.
The brokerage provides 3 support channels [Phone, Live Chat, Email] on a 24/5 schedule.
Alpari Forex Broker (Company Information & Regulation)
Alpari Group, a multinational powerhouse in the forex and CFD brokerage world, has been a fixture in the financial markets since its inception in 1998 in Kazan, Russia.
Over the years, Alpari has expanded its reach to over 150 countries, amassing an impressive client base of more than 1 million traders. This global presence solidifies the broker's position as one of the largest forex brokers worldwide. Key points about Alpari:
- Licensed and regulated by Mwali International Services Authority (MISA);
- licensed and regulated by the National Bank of the Republic of Belarus (NBRB) under license number УНП192637625, operating legally as Alpari Evrasia LLC
- Founded by Andrey Dashin, who also owns ForexTime (FXTM);
- Operates a charitable arm, the Alpari Charitable Fund, supporting underprivileged children in the Republic of Tatarstan.
Alpari Summary of Specifics
At this section, we have an overview on the main features offered by this broker. Let's break down the key specifics that make Alpari a popular choice among traders.
Broker | Alpari |
Account Types | Standard, ECN, Pro ECN, Demo |
Regulating Authorities | MISA |
Based Currencies | USD, EUR |
Minimum Deposit | $50 |
Deposit Methods | Local Payment Solutions, Credit/Debit Cards, E-Wallets, Bank Wire Transfers (in some regions), Crypto Payments |
Withdrawal Methods | Local Payment Solutions, Credit/Debit Cards, E-Wallets, Bank Wire Transfers (in some regions), Crypto Payments |
Minimum Order | 0.01 lot |
Maximum Leverage | 1:3000 |
Investment Options | PAMM |
Trading Platforms & Apps | MT4, MT5, WebTrader |
Markets | Forex, Commodities, Metals, Indices, Stock CFDs, Crypto CFDs |
Spread | From 0 |
Commission | From 0 on Trading (depending on the account type and payment method) |
Orders Execution | Market |
Margin Call/Stop Out | From 50%/20% |
Trading Features | Use of trading signals |
Affiliate Program | Yes |
Bonus & Promotions | Cashback Program, Deposit Commission Waiver |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Live Chat, Email, Phone Call |
Customer Support Hours | 24/5 |
Alpari Trading Account Types (Specifics & Comparison)
This broker performs well in this section by offering several account types, each designed to meet specific trading needs and styles. Alpari Account Types:
Account Type | Pro ECN | ECN | Standard |
Deposit Currency | USD, EUR | ||
Trading Platform | MT4, MT5 | MT4 | MT4, MT5 |
Min. Deposit (USD, EUR) | $500 | $300 | $50 |
Leverage | 1:3000 | 1:3000 | 1:1000 |
Execution | Market | ||
Margin Call/Stop Out Level | 80%/50% | 80%/50% | 50%/20% |
Also, Alpari provides demo trading for all accounts to practice trading skills and strategies. This broker also supports Islamic (swap-free) accounts across all its live account types. This feature allows traders to comply with Sharia law by avoiding overnight interest charges.
Pros and Cons
Let's take a balanced look at the advantages and disadvantages of trading with the mentioned broker. Alpari Advantages and Disadvantages:
Pros | Cons |
Support for MT4 and MT5 platforms | Limited regulatory coverage |
Diverse trading instruments | - |
Multiple account types | - |
Long-standing reputation in the industry | - |
Alpari Account Registration & Verification Step-by-Step Tutorial
To use all Alpari services, traders must complete the Alpari registration and verification process. Alpari signup:
#1 Access the Broker's Website
Search for the Alpari broker on your favorite browser. Once found, enter it and click on the "Open Account" button.

#2 Provide Basic Details
Choose your country of residence, then enter a valid email address. Create a strong password (minimum 8 characters including numbers, symbols, uppercase and lowercase letters).

#3 Confirm Email and Secure Your Account
Check your inbox for the OTP code and enter it on the verification page. Finally, set a unique 5-digit PIN used for all future deposit and withdrawal actions.

Now that your account is ready, you must verify it by following the steps mentioned in the Alpari verification article. The required documents include:
- Proof of identity: Passport, residence permit, ID card, or driver's licnese
- Proof of address: Utility bill or bank statement
Which Trading Platforms Are Used on Alpari?
Alpari provides trading through a range of platforms to meet the needs of different traders. We will have a look at each platform in this section.
MetaTrader 4
MetaTrader 4 is one of the most popular platforms in Forex trading, available for desktop and mobile. MT4 Main Features:
- Easy access to various markets
- Real-time trading and interactive charts
- MQL4 programming language
- Support for automated trading strategies (Expert Advisors)
MetaTrader 5
MetaTrader 5 is the newer version of MetaQuotes' popular platform. Here are the main specifics:
- More advanced features compared to MT4
- Access to VPS for trading
- Robust set of technical indicators (80+)
- Multi Account Management (MAM)
- MQL5 language for programming
WebTrader
Traders can access MetaTrader 4 via Alpari on their browser from any device without the need to download or install any app. Key Features:
- One-click trading
- Various timeframes
- Analytical tools for technical analysis
Alpari Trading App
Account opening, funding, withdrawals, portfolio management, one-click trading, and MetaQuotes integration all in one application. Download Aplari android app to easily trade on your smartphone.
Spreads and Commissions on Trading Accounts and Payments
Alpari's pricing structure varies across its account types. Alpari Spreads and Commissions:
Account Type | Spread | Fees |
Standard | From 0.3 pips | None |
ECN | From 0.1 pips | None |
Pro ECN | From zero | $25 per million notional on Forex, Metals, and CFDs 0.05% notional on cryptocurrencies $0.02 per side per lot on Stock CFD (MT5 only) |
Regarding deposits and withdrawals, the broker charges a fee starting from 0, depending on the used method.
If you are interested in reducing your trading costs by earning rebates, we recommend visiting the Alpari rebate page.
Alpari Deposit & Withdrawal Solutions
This company provides many deposit and withdrawal options to accommodate traders worldwide. Alpari deposit and withdrawal methods:
- Local payment solutions
- Credit/debit cards
- E-wallets
- Bank wire transfers (in some regions)
- Crypto payments
To fund your account using one of the best available options, check theAlpari TRC20 deposit tutorial or watch the YouTube video below.
Copy Trading & Investment Options Offered on Alpari
The company offers copy trading services, allowing less experienced traders to automatically replicate the trades of successful investors. This feature provides several benefits:
- Access to expert trading strategies;
- Time-saving for those unable to actively trade;
- Potential to learn from successful traders' decisions.
Copy trading on Alpari is offered through PAMM accounts, which are investments in a group, managed by a professional trader.
Tradable Markets & Symbols (Variety & Number)
Alpari offers access to over 120 trading instruments, including:
- 60+ Forex pairs
- Precious Metals
- Commodities
- Indices
- Cryptocurrencies
- Stock CFDs (on MT5 only)
The broker does not currently offer Bonds, Options, or ETFs.
Alpari Bonuses and Promotions for Trading
Bonuses are used as a marketing solution by brokers. Based on our investigations, Alpari currently offers 2 promotions for its clients.
- Deposit commission waiver for China UnionPay deposits;
- Alpari Cashback program with points equal to cash, discounts, etc.
These bonuses enhance the trading experience and provide additional value to users.
Customer Support Section (Contact Methods & Schedule)
Alpari broker offers several ways to connect with the support team, covering common options. Contact Methods:
- Phone: +44 2045 771951;
- Live chat: On the official website;
- Email: customersupport@alpari.org.
The downside of this section is it does not offer 24-hour services on all days of the week. Actually, they respond to your inquiries on a 24/5 schedule.
List of Countries Restricted from Alpari's Services
While Alpari operates globally, not all clients from every region can access its services. List of Banned Countries:
- USA
- UK
- Japan
- Canada
- North Korea
- Sudan
- Syria
- Cuba
- Myanmar
- European Union countries
Trust Scores & Reviews from Users and Experts
This broker has achieved a moderate rating and score in the industry based on reputable websites like Alpari Trustpilot. Alpari Trust Scores:
- Trustpilot: 3.1 out of 5, based on over 10 reviews
- ForexPeaceArmy: 2.69 out of 5, based on more than 15 reviews
- Reviews.io: 2.9 out of 5, based on over 15 user ratings
Education on Alpari (Quality & Materials)
The broker offers educational resources in the form of articles and videos on the official website and its YouTube channel. Alpari Education Section:
- Guide for beginners to learn about Forex trading
- More advanced resources on trading in Forex
- CFD trading guide
- Glossary for terms and phrases related to Forex and trading
- Analytical and educational videos on YouTube
While the educational content is comprehensive for newcomers, advanced traders might find the lack of advanced trading videos limiting.
Alpari Comparison with Other Forex Brokers
The table below helps traders compare Alpari with other Forex brokers and decide whether it's the right fit for them.
Parameters | Alpari Broker | IC Markets Broker | ||
Regulation | MISA | FSA, CySEC, ASIC | FCA, FSCA, CySEC, SCB | CySEC, DFSA, FCA, FSCA, FSA |
Minimum Spread | 0.0 Pips | 0.0 pips | 0.0 Pips | 0.0 Pips |
Commission | From 0 on Trading (depending on the account type and payment method) | Average $1.5 | From $3 | No commission for Forex pairs (except in Zero accounts) |
Minimum Deposit | $50 | $200 | $100 | $0 |
Maximum Leverage | 1:3000 | 1:500 | 1:500 | 1:2000 |
Trading Platforms | MetaTrade 4, MetaTrade 5, Mobile App, Web Trader | Metatrader 4, Metatrader 5, cTrader, cTrader Web, IC Markets Mobile | MetaTrade 4, MetaTrade 5, Mobile App, cTrader, Web Trader | MetaTrade 4, MetaTrade 5, Mobile App |
Account Types | Standard, ECN, Pro ECN, Demo | Standard, Raw Spread | Standard, Pro, Raw+, Elite | Cent, Zero, Pro, Premium |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 750+ | 2200+ | 2100+ | 500+ |
Trade Execution | Market | Market | Market | Market, Instant |
Conclusion and final words
Alpari is a financial broker with a 2.9 out of 5 trust score on REVIEWS.io. There are 3 live accounts [Standard, ECN, Pro ECN] offered by it, in addition to a demo trading environment.
The brokerage operates based on USD and EUR currencies for deposits. The company was founded in Kazan, Russia.