Alpari – Forex Broker review

Read Alpari forex broker review, rating and detail information for their services below. Alpari founded in 1998 in Russia. They are operating over 10 years. As per trader’s review, this is a reliable broker with honesty and transparency. They are one of the early pioneer who is offering Metatrader platform suite, including the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading software. Alpari offers traders to trade Spot Metals, Stock CFDs, ETF CFDs, Index CFDs and Commodity CFDs. In addition, binary option trading is also available. Binaries can be based on either currencies or spot metals.

Regulation

Alpari is regulated by the Financial Services Authority in United Kingdom. They also regulated in different regulatory boards with offices in Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Moldova, and Mauritius. Additionally, Alpari is regulated by several major regulatory organization from following Countries.

• Alpari is registered with the US Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED)
• They are also a member of the US National Futures Association (NFA).
• Alpari maintained license with Belize International Financial Services Commission license no. 20389 IBC 2012
• They licensed by Financial Services Authority of Saint Vincent and the Grenadines under license no. IFSC/60/301/TS/17.
• Alpari Forex LLC licensed by the Central Bank of Russia (CBR).
• It also authorized by the National Bank of the Republic of Belarus.

Trading Platforms

Alpari provides both MetaTrader 4 and MetaTrader 5 platform developed by MetaQuotes Software to its clients for an efficient and reliable trading experience. Alpari’s MetaTrader offering a wide range of charting tools, trading strategies, scripts and indicators add additional functionality. Alpari also offers iOS and Android mobile trading applications for its MetaTrader platforms. The app is free and can be downloaded from Google PlayStore and Apple App Store.

Alpari provide Metatrader 5 which has a number of new features and technical upgrades. MT5 including a library of free, ready-to-use Expert Advisors (trading robots), indicators and scripts written with MT5’s built-in programming language.

Alpari also provide web-based BinaryTrader platform. This is compatible with all major Internet browsers and most tablets.

Commissions & Spreads

Like other major online Forex brokers, Alpari has no commission for their traders. They have different spreads which will vary in different kind of accounts and instruments. Alpari listed an average spread of 0.8 Pips for ECN.MT4 account. To opening a nano account, no minimum deposit requirement. For other account $300 to $500 required as a deposit.

Please find the below list for different kind of Spreads for Alpari.

Payment options

Alpari Supports bank transfers, credit cards, Skrill, Neteller, WebMoney and several other online payment programs for deposits and withdrawal.

Support

Customer support at Alpari is available 24/5. There are several ways which you can get in touch with the support team such as email and telephone.

Alpari Detail Information

Alpari Features

• Bonus offers
• Trading contests
• Free education
• Trading by telephone
• PAMM accounts
• Segregated accounts
• Managed accounts
• Islamic accounts available
• US traders are welcome

Account Types

• Standard MT4 Account
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
• ECN MT4 Account
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
• Pro ECN MT4 Account
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
• Nano MT4 Account
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading

iFOREX Review and Rating

iFOREX is a broker that takes responsibility for its traders. Its educational material is vast and although there is only one standard account, the choice of several different platforms makes trading easy for both novice and experienced investors. More bonuses would be beneficial as well. iForex’s prerogative to charge traders $100 to try out their trading platform, this is not the industry standard. Above all, the lack of a MetaTrader 4 platform is a big negative point for this broker.