Forex Brokers

Alpari

Alpari is a Russian registered online broker, founded in 1998

Alpari is a Russian registered online broker, founded in 1998, has 20 years of experience in the foreign exchange industry and has 8 offices around the world. Alpari is currently regulated by the National Bank of Belarus and holds its authorized retail foreign exchange license, with the supervision number: УНП192637625.

Financial Instruments

Alpari claims that it provides investors with more than 250 trading varieties, including foreign exchange currency pairs, spot precious metals, cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple), CFDs and binary options.

Account Type

Alpari offers four different trading accounts, namely Micro Account (minimum first deposit 5 USD/GBP/EUR/1,000 RUB), Standard Account (minimum first deposit 100 USD/GBP/EUR/20,000 rubles), ECN accounts (MT4 & MT5) and Pro accounts (MT4), the minimum initial deposit for ECN accounts is 500 EUR/USD/GBP/20,000 rubles, and the minimum initial deposit for Pro accounts is 25,000 GBP/USD /EUR. The maximum number of pending orders for Micro and Standard accounts is 100, for ECN and PRO accounts is 300, and the account currencies for all accounts are USD, EUR, GBP, RUB.

Leverage

The micro account has a fixed leverage with a maximum leverage of 1:400; a standard account has a floating leverage with a maximum trading leverage of 1:1000; the ECN account has a maximum trading leverage of 1:1000 (floating) and the PRO account has a maximum trading leverage of 1:1000. 1:300 (float).

Spread & Fees

The minimum spread on EUR/USD for micro accounts is 1.7 pips, and the minimum spread for standard accounts in Europe and the United States is 1.2 pips; the spread for ECN accounts starts from 0.4 pips, and the trading commission is 1.5 US dollars per side; the spread for Pro accounts is 0.4 pips From , no transaction commission is charged.

Trading Platform

Alpari provides two trading platform options, namely MT4 and MT5. MT5 is a newly upgraded version of MT4, including hedging options. Although MT4 is slightly less advanced than the former, its performance stability is better than former.

Deposits

Alpari offers three types of deposit methods: local deposit, credit card deposit, and e-wallet deposit. Local deposit methods include FasaPay, Chinese local bank deposits, Nigerian local bank wire transfers, and Chinese online banking. Credit card deposit methods mainly include VISA, MasterCard and Maestro. Electronic wallet deposit methods mainly include Skrill, VLOAD, Neteller, WebMoney, Perfect Money, and Bitcoin wallet.

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