Alpari

Written by How we review

Alpari forex broker provides access to forex and CFD markets via MetaTrader 4 and MetaTrader 5, offering a range of account options, educational resources, and multilingual support. It focuses on straightforward platforms and broad market coverage in a familiar, flexible trading environment.
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Key facts

6/10
Our rating
#189
Trust rank
1998
Founded
2
Licences
206
Countries accepted
HeadquartersMauritius
Broker typeECN, Market Maker, STP
RegulationFSC Mauritius; SVGFSA
PlatformsMT4, MT5
InstrumentsCommodities, Forex, Indices, Metals, Stocks
Fee levelMedium

Updated

Pros

  • • MT4/MT5 platforms with EA/algorithmic trading
  • • ECN/STP execution with raw spreads
  • • PAMM accounts for copy trading and investments
  • • Cent (nano) accounts for micro-lot testing
  • • High leverage available (up to 1:1000)

    • Cons

  • • Offshore regulation with limited investor protection
  • • No investor compensation scheme
  • • History of insolvency (Alpari UK 2015)
  • • Potential market-maker conflict of interest
  • • No guaranteed stop-loss orders

    • Key Features

  • • MetaTrader 4 and MetaTrader 5 Platforms
  • • ECN and Standard Account Types
  • • PAMM Copy Trading and Investment Services
  • • High Leverage Up To 3000 To 1
  • • Wide Range of Forex Metals Indices Commodities and Stock CFDs
  • • Negative Balance Protection

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    Where This Broker Ranks

    Alpari is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    Alpari is an online broker for forex and CFDs across major asset classes, including currencies, indices, commodities, and metals. You can open live or demo accounts, choose different account setups, and access desktop, web, and mobile platforms. You also get research, market news, and basic education. Availability depends on your region and account. Always review the legal documents and the service entity before you sign up.

    Alpari operates through separate corporate entities. Your onboarding entity depends on your location and local rules. Authorizations, disclosures, and protections vary by entity. Many brokers keep client money in segregated accounts and apply internal risk controls; confirm exact safeguards in the Client Agreement and Key Information documents. You can verify authorization status on the relevant public register. Always check which company name appears on your statements.

    You can trade through widely used third-party platforms on desktop, web, and mobile. Typical features include charts, technical indicators, one-click trading, and support for market, limit, and stop orders. Some accounts may allow automated strategies and hedging; availability depends on your region and account settings. You can practice on a demo before you fund. Platform choice can affect pricing, order types, and add-ons, so review the specifications.

    You can choose from several account types that differ by pricing model, instruments, and platform access. Costs you may face include spreads, commissions on some accounts, overnight financing, currency conversion, deposit or withdrawal fees, and possible inactivity charges. Minimum funding and base currency options vary. Read the fee schedule and order execution policy to understand how your trades are priced and filled.

    You can fund and withdraw via cards, bank transfers, and select payment services; method availability depends on your country and account. Processing times and fees vary by provider. Withdrawals usually return to the original funding source where possible, and identity checks can apply before funds are released. Limits and currency conversion may apply. All information on BrokerCatalogue is for general informational purposes and should not be considered financial, legal, or investment advice.

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