Be sure to read this quick Alpari.com review and you will learn about trading conditions, spreads and commissions, account types, deposit and withdrawals.
Alpari is a forex broker founded in 1998. The brand is registered to different companies, depending on the location of the services provided. Alpari Limited works mainly with the CIS countries. Many people still consider the broker to be the best in the CIS, although this is absolutely not the case.
It was considered very reliable for a long time. After all, he had several regulators, including an authoritative license from the Central Bank of the Russian Federation. At the moment, it has practically no regulators. Only membership in the Financial Commission remained. But in fact, FinaCom isn’t an indicator of reliability and isn’t a full-fledged regulator.
Why do many CIS traders still choose this broker? Maybe it offers the best trading conditions and low commissions? Definitely not.
The total score may change after a detailed review of Alpari.com.
Official site | https://alpari.finance |
Year of foundation | 1998 |
Regulated by | Financial Commission |
Trading instruments | 76+ assets CFDs on forex (46), metals (2), indices (23), cryptocurrencies (5) |
Spreads and commissions | High / Very high total spreads, swaps and commissions EUR/USD – from 1.7 pips GBP/USD – from 2.2 pips Gold – from 50 pips FTSE 100 – from 130 pips |
Most popular | Alpari.com in Uzbekistan, Nigeria, Moldova, Iran Somalia, Armenia, Saint Helena Island, Russia, Belarus, Latvia, Ukraine |
Provision of services in the US, UK, Canada, European Economic Area |
Min. trade size | 0.01 |
Leverage | Up to 1:3000 |
Account types | nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, ecn.mt5 |
Minimum deposit | $ 20 |
Minimum withdrawal | |
Deposit & withdrawal methods | 16+ |
Payment Fees | up 0 to 2% for different withdrawal methods |
Trading hours | 24/5 24/7 (For crypto) |
Trading platforms | MT4, MT5 |
Mobile App | |
Demo | |
Copy Trading | |
AT/Robots | |
Bonus | |
Affiliate program |
Assets, spreads and commissions, deposit and withdrawal of funds on Alpari
The broker has only 35-76 trading assets, which is extremely small in the face of strong competition. Most of the assets are currency pairs.
It becomes clear even with a short Alpari review: spreads, swaps and commissions are very high. For example, the spread on the main forex in the daytime starts from 1.7-3 pips, and in the evening it expands to 40-120 pips! The total spread (spread including commission) is approximately the same for different types of accounts. As a result, traders can lose all their funds only due to spreads, swaps and commissions.
In addition, Alpari charges quite large deposit and withdrawal fees. And even the bonus system has many pitfalls and is practically useless.
Therefore, Alpari has now become an extremely unreliable broker with terrible trading conditions, which can engage in fraudulent activities. And only reputation for the best years and advertising on sites keep him in sight.
Be the first to leave a review.