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Alpari Review 2024

Last updated Jul 4, 2024
Alpari is trusted. Tested via live trading.
Alpari №10 in the binary options brokers list

Highlights of Alpari

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Alpari is a stable and reliable broker that has been operating in the Forex market for over 20 years.

The broker is popular among professional traders due to its wide range of trading accounts and instruments, as well as convenient and practical investment services, such as PAMM accounts and portfolios. Alpari provides high-quality support for beginners, including educational courses and favorable trading conditions. Additionally, Alpari offers flexible terms for deposits and withdrawals, a variety of trading platforms, and robust analytical tools.

Pros and Cons of Alpari


  1. A wide range of trading accounts.
  2. Flexible conditions for depositing and withdrawing funds.
  3. Diversity of trading platforms.


  1. Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
  2. Fees for fund withdrawal and inactivity charges.
  3. Limited choice in terms of different asset classes.

Alpari reviews

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Alpari Broker Overview

Foundation Year1998
Official Website
Regulated in CountriesComoros, BelarusMore Details
Minimum Deposit
  • 20 USD
  • 20 EUR
Spreadfrom 0 points
Max Leverage1:3000
Trading Assets
  • Forex
  • Indices
  • Cryptocurrency
  • Precious Metals
  • Energy Carriers
  • Stocks
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
Email Support
Hotline Phones
Social Media

Alpari is a financial company founded in 1998. Its primary line of business is providing brokerage services in the Forex market.

The broker implements two quoting methods - Standard (bringing the aggregate position of accounts to the market) and ECN (a model in which all user orders are automatically brought to the market).

Alpari Review Summary

Ratings were compiled according to our broker analysis methodology, which considers all the crucial aspects affecting trading success and satisfaction with the broker's services.

Read on to learn more about the Alpari broker.

Reliability and Regulation

Legal EntityRegulator

Alpari is a well-known broker with an international reputation, founded in 1998. Previously, LLC "Alpari-Broker" was included in the registry of licensed dealers and professional participants in the securities market of the Central Bank of the Russian Federation. Today, Alpari is no longer on the list of brokers licensed by the Central Bank of the Russian Federation.

Alpari is regulated in the Comoros Islands and Belarus, which provides some degree of protection for its clients.

However, it should be noted that licensing in a jurisdiction like the Comoros Islands does not offer the same level of investor protection as licensing in countries with more developed and stringent financial regulators, such as the United Kingdom (FCA) or the United States (CFTC).

Account Opening


The registration process and account opening with Alpari appear to be quite simple, convenient, and relatively quick. However, it is important to consider that the verification process may take some time, which is a standard practice in the field of online trading.

How to register with Alpari

To register on the Alpari website, you must fill out a simple form: first name, last name, phone number, and email address. You will also need to give consent to the processing of personal data.

After submitting the form, you will need to confirm the registration via a link that will be sent to your email. Once your account is authorized, you will gain access to the trading platform and all the site's materials.

Alpari Registration Form
Alpari Registration Form

After registering, you automatically become a participant in the Alpari Cashback.

Alpari Personal Account Overview

To access the client's area, use the address

In the Alpari Personal Account (PA), you can:

  • Open a trading account;
  • Invest in PAMM accounts;
  • Deposit funds;
  • Withdraw funds;
  • View and take advantage of Alpari's promotions and offers;
  • Download trading platforms or mobile applications;
  • Apply for trading education;
  • Activate a promo code;
  • Verify your account.

We will talk about all this in more detail in the review.

Alpari Personal Account
Alpari Personal Account

If you ever want to delete your account, contact Alpari support - they will send you instructions on how to do so.

Account Verification

When depositing or withdrawing funds using specific methods, Alpari may request some documents to confirm your identity or address. It is better not to delay this and to verify your account before funding your trading account.

To start verification in your client's area, go to the "My Account" -> "Client Profile" tab.

Alpari Client Profile
Alpari Client Profile

Fill in the missing information on the client card.

Documents for identity verification:

  • Internal passport;
  • International passport;
  • ID card.

Documents for card or bank transfer verification:

  • Bank statement.
  • Scan of the bank card.
  • Scan of the payment document. Additionally, you may be required to upload a Client Questionnaire.

You can find information about the documents you have uploaded in the "History of Changes in Personal Data" section.

Minimum Deposit

The minimum deposit for Alpari varies depending on the type of account. For instance, "Standard" accounts have a minimum deposit of 20 USD, and "ECN" accounts require a minimum deposit of 300 USD.

Account Types


Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.

Alpari Trading Accounts

Account CurrencyUSD, EUR
Minimum Deposit100 $100 20 20 $300 300 $500 500 $
Trading PlatformsMetaTrader 5MetaTrader 4MetaTrader 5
Spreadfloatingfrom 0.8 pipsfor EURUSD~ 1.7 pipsfloatingfrom 0.2 pipsfor EURUSD~ 0.9 pipsfloatingfrom 0 pipsfor EURUSD~ 0.3 pips
Commission per Tradeper $1M turnover16 $
Trading AssetsForexIndicesCryptocurrencyPrecious MetalsEnergy CarriersForexIndicesCryptocurrencyPrecious MetalsEnergy CarriersStocks
Opened Positionsup to 500up to 1500up to 10000
Margin Call / Stop Out50% / 20%50% / 60%
Order ExecutionMMECN
Demo Account
Islamic Account

Alpari provides traders with 5 types of actual trading accounts for independent trading: Standard.MT4 and MT5, and 3 types of ECN accounts, 5 types of demo accounts, 5 PAMM accounts for management, and 1 for trading binary options (Fix-Contracts).

We will get to know each type of account and their conditions in more detail. This will help you choose the account that is right for you.

Standard Accounts

Account typestandard.mt4standard.mt5
Account currencyUSD, EURUSD, EUR
Trading platformMetaTrader 4MetaTrader 5
Minimum deposit20 USD / 20 EUR100 USD / 100 EUR
Leverage1:1000 - 1:101:1000 - 1:10
  • 33 currency pairs
  • 2 metals
  • 19 CFD
  • 33 currency pairs
  • 2 metals
  • 18 CFD
Margin on covered positions50% Margin on locked positions50% Margin on locked positions
Order ExecutionInstant ExecutionInstant Execution
Max. order volume, lots100100
Max. number of open orders5050
Max. number of pending orders100500
Max. cumulative volume of open orders, lotsNoNo
Stop Out20%20%

ECN Accounts

ECN accounts provide direct access to external liquidity providers, allowing for trading large lots with a leverage of up to 1:3000.

 Account typeecn.mt4pro.ecn.mt4ecn.mt5
Account currencyUSD, EURUSD, EURUSD, EUR
Trading platformMetaTrader 4MetaTrader 4MetaTrader 5
Minimum deposit300 USD /300 EUR500 USD /500 EUR500 USD /500 EUR
Leverage1:3000 - 1:21:3000 - 1:21:3000 - 1:2
  • 46 currency pairs
  • 2 metals
  • 19 CFD
  • 33 currency pairs
  • 2 metals
  • 30 CFD
  • 46 currency pairs
  • 2 metals
  • 18 CFD
Margin on covered positions50% Margin on locked positions50% Margin on locked positions50% Margin on locked positions
Order ExecutionMarket ExecutionMarket ExecutionMarket Execution
Max. order volume, lots100100100
Max. number of open orders1 5001 50010 000
Max. number of pending orders30030010 000
Max. total volume of open orders, lotsNoNoNo
Stop Out60%60%60%
CommissionNo16 USD per 1 mln USD16 USD per 1 mln USD
If your robot or expert advisor aggressively constructs a grid of orders or trades, an ECN account is the best choice for automated trading.

Demo Account

To open a demo account, log into your client's area in the system after completing a simple registration procedure.

You can set up a training account in any of the following currencies:

  • USD;
  • EUR.

You can use a demo account for an unlimited amount of time.

Types of Demo Accounts

Demo AccountTrading PlatformSpread
demo.standard.mt4MetaTrader 4from 0.3 pips
demo.ecn.mt4MetaTrader 4from 0.1 pips
demo.ecn.mt5MetaTrader 5from 0 pips 4from 0 points
demo.standard.mt5MetaTrader 5from 0.3 pips

Binary Options

Trading binary options is carried out through the Fix-ContractsTrader platform. Choose an asset and the direction of its price movement.

Under the "Fix-Contracts" tab, there is a built-in pro-account with a virtual $10,000. You can try your hand at this account without risking your funds.

To trade binary options, select the account type alpari.fix-contracts.

Alpari Fix-Contracts Opening
Alpari Fix-Contracts Opening

Account currencies for binary options:

  • USD;
  • EUR.

Types of binary options contracts

ContractDescriptionExpiration TimePayoutAssets
Call/PutUp or Down - determine where the price will move and where it will be at the expiration of the contractfrom 30 seconds to 1 day50-75%
  • 17 currency pairs
  • 2 metals
  • 1 commodity
  • 3 stocks
  • 3 indices
  • 11 cryptocurrencies
TouchDetermine which of the possible levels the price will touch if it rises or fallsfrom 15 minutes to 1 day65-90%
  • 17 currency pairs
  • 2 metals
RangeWhether the price will be in a level range at the expiration of the contract from 5 minutes to 1 day60-95%
  • 17 currency pairs
  • 2 metals
SpreadDetermine whether the price will be above or below the suggested level at the expiration of the contractfrom 30 seconds to 1 day60-95%
  • 17 currency pairs
  • 2 metals
TurboUp or Down - determine where the price will be in 5 ticks5 ticks or 1 minute40-75%
  • 8 currency pairs
ExpressDetermine where the price will move for three assets at once - up or downfrom 1 minute to 1 day60-75%
  • 3 currency pairs

You can refer to the Fix-Contracts platform for a more detailed look at the nuances of trading binary options with Alpari.

Alpari Fix-Contracts platform
Alpari Fix-Contracts platform

Also, look at our binary options brokers list.

PAMM Accounts

The brokerage company Alpari launched the PAMM account system over 15 years ago, in 2008.

Alpari offers the option to open a PAMM account for users just starting to work on the exchange. By opening such an account, you entrust your investments to managers – more experienced market participants.

If your experience of positive transactions qualifies you to register as a PAMM account manager, this becomes an opportunity to attract investors' funds and earn significantly more.

PAMM Account Rating

A list of PAMM accounts, sorted by specific indicators, will help you choose and invest in a profitable PAMM account.

Alpari currently operates two ratings for PAMM accounts - active and conservative. Let's see how both ratings distribute places and evaluate the effectiveness of a PAMM account.

PAMM Account Rating
PAMM Account Rating
Dynamic Rating

The distribution of places in the dynamic rating is elementary and consists of just two blocks:

  1. PAMM accounts with positive profitability and a public offer open for investment.
  2. All other PAMM accounts.

The following indicators assess the effectiveness of PAMM accounts in the dynamic rating:

  • The current drawdown ratio is the current share price ratio to the maximum share price at any time.
  • The growth coefficient for a week/month/quarter/year/all time - the ratio of the current share price to the maximum closing price of daily candles before the start of the period. If the value is less than one, the coefficient is set to 1.
  • The adequacy coefficient of the manager's capital - is based on criteria determining the size of the manager's capital participation in the funds of the entire PAMM account.

A share is an indicator of monitoring that reflects the investor's share and their investments in the composition of the PAMM account.

The share price is an indicator that reflects the change in funds on the PAMM account, taking into account only the result of trading operations. The share price is equal to the ratio of funds to the number of shares of the PAMM account. When a PAMM account is activated, the initial share price is 100 units of the deposit currency.

Conservative Rating

There are three blocks of place distribution in the conservative rating:

  1. PAMM accounts with a history of at least 3 months, positive profitability, an open public offer, and a manager’s capital of at least 3,000 USD / 3,000 EUR.
  2. Other PAMM accounts that are actively trading.
  3. PAMM accounts without a trading history.

The efficiency formula for evaluating PAMM accounts uses such indicators as:

  • Profitability.
  • UCL (Used Credit Leverage).
  • Recovery Factor.
  • Volatility.
  • Age.
  • Maximum Drawdown.
  • Efficiency Coefficient.

How to Choose a PAMM Account for Investment

The PAMM account rating helps to filter out relatively quality PAMM accounts, but this may not be enough for investment decisions. Fortunately, you can open the page of the PAMM account you're interested in to get more details.

On the PAMM account page, you can observe:

  • The profitability chart of the PAMM account for all time or a specific period;
  • The conditions for investing in the PAMM account;
  • The chart of changes in the traded funds on the PAMM account;
  • A diagram of the distribution of funds;
  • The chart of the used leverage;
  • The trading indicators and coefficients of the PAMM account;
  • The declaration of the PAMM account;
  • A profitability calculator and a chart comparing the profitability of assets;
  • The latest messages from the PAMM account thread on the Alpari forum.

All this is designed to help you determine whether a PAMM account is suitable for investment. Based on these indicators, you can ascertain how the manager trades:

  • Aggressively or conservatively;
  • With what risk/drawdown/profitability/leverage;
  • Manually or using a robot/advisor;
  • Whether the manager adheres to the declaration or not;
  • What trading strategy does the manager use;
  • How long the PAMM account has been in existence;
  • Whether the manager reports or at least communicates with their investors;
  • What are the terms for investing?

These are the minimum questions an investor in PAMM accounts should consider.

PAMM Account Moriarti
PAMM Account Moriarti

How to Invest in PAMM Accounts

When choosing a PAMM account or portfolio, you must acquaint yourself with the manager's offer. In the offer, the manager specifies:

  • The minimum investment amount;
  • The level of remuneration;
  • The frequency of order execution.

There are also minimum requirements when investing in a PAMM account.

 Account typePAMM accountsPAMM portfolios
Minimum investment amount50 USD / 50 EUR100 USD / 100 EUR
Minimum investor account balance50 USD / 50 EUR100 USD / 100 EUR
Minimum deposit/withdrawal amount10 USD / 10 EUR10 USD / 10 EUR

You can invest in a PAMM account through your client's area. Naturally, you must have at least the minimum amount required for investment in your account balance.

How to invest in Alpari PAMM Account
How to invest in Alpari PAMM Account

How to Open a PAMM Account

Becoming a PAMM account manager is relatively straightforward. First, you need to open an account to manage investors' funds. Accounts of the Standard and ECN types are available for this purpose.

Account typeTrading platformMinimum depositSpread
pamm.standard.mt4MetaTrader 4300 USD / 300 EURfrom 0.3 pips
pamm.ecn.mt4MetaTrader 4300 USD / 300 EURfrom 0.1 pips 4500 USD / 500 EURfrom 0 pips
pamm.ecn.mt5MetaTrader 5500 USD / 500 EURfrom 0 pips
pamm.standard.mt5MetaTrader 5300 USD / 300 EURfrom 0,3 pips

You can make a PAMM account non-public. In that case, it will only be accessible via a direct link and will not be displayed in the PAMM account ratings.

Opening a PAMM account at Alpari
Opening a PAMM account at Alpari

Next, you should fund the account and fill in all the necessary information for the PAMM account.

My PAMM account at Alpari
My PAMM account at Alpari

Do not forget that before trading on the PAMM account, you must complete full verification in your client's area.

After the steps described above, you can trade on the PAMM account and attract the first investors.

The manager's remuneration can range from 0 to 50% of the investor's profit.

PAMM Portfolios

At Alpari, you can also invest in PAMM portfolios. A PAMM portfolio comprises several PAMM accounts, usually with different trading styles.

To select a suitable portfolio, Alpari has compiled a ranking of PAMM portfolios. All portfolios in the ranking meet the following criteria:

  • Positive profitability;
  • Availability for investment;
  • The portfolio was created more than 3 months ago;
  • The non-withdrawable remainder of the manager is at least 1,000 USD / 1,000 EUR.
Alpari PAMM portfolio rating
Alpari PAMM portfolio rating

On the PAMM portfolio page, you can familiarize yourself with:

  • The profitability chart of the portfolio for all time or a specified period;
  • The structure of the PAMM portfolio;
  • The trading indicators of the PAMM portfolio;
  • The chart of the used leverage;
  • The latest messages in the forum thread about the portfolio.

How to Assemble Your PAMM Portfolio

Indeed, you can compile your own PAMM portfolio. For this, you can use the PAMM portfolio constructor, which is available in the main menu of the Alpari site.

PAMM portfolio constructor
PAMM portfolio constructor

You can add a PAMM account to the portfolio by clicking the corresponding icon on the PAMM account page.

How to add PAMM Account to PAMM Portfolio
How to add PAMM Account to PAMM Portfolio

When compiling a portfolio, consider the minimum requirements.

Non-drawn balance of public PAMM portfolio1000 USD / 1000 EUR
Non-withdrawable balance of non-public PAMM portfolio100 USD / 100 EUR
Max. % of the manager's remuneration on his PAMM account, in case of adding it to the PAMM portfolioNot more than 35%
Share of own funds on PAMM-accounts for public portfolioNot more than 50%
Share of own funds on PAMM-accounts for non-public portfolioNo limitations
RewardFrom 0 to 15% of investor's profit
Execution of deposit and withdrawal requestsNo less than once a day



Alpari has low trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.

Trading Fees

Trading commissions at Alpari mainly consist of spreads and transaction fees on ECN accounts.

Commission per lot

For ECN accounts, the broker charges a $16 per million turnover commission. This rate is quite competitive and should attract traders who prefer this type of account.

Below are the commissions per lot for the EURUSD pair at different Forex brokers.

BrokerOlymp TradeUSDTBinomoCFDAlpariecn.mt5
Commission per lot$8$2$1.73


Spreads on key currency pairs such as EUR/USD, USD/JPY, and GBP/USD are competitive and slightly above the industry average. Swaps are market average.

The table lists the average spreads and swaps in points for the Standard account.

AssetAverage spreadSwap longSwap short
EURUSD1.7 pips-6.89 pips2.22 pips
USDJPY1.8 pips3.85 pips-27.50 pips
GBPUSD2.2 pips-2.62 pips-2.89 pips
USDCHF2.5 pips6.19 pips-12.31 pips
USDCAD2.5 pips-4.59 pips-1.61 pips
AUDUSD1.8 pips-3.80 pips0.25 pips
NZDUSD11.0 pips-1.75 pips-1.48 pips

Withdrawal Commission

Alpari usually does not charge a withdrawal fee, but a fee may sometimes be applied. Suppose a client requests a withdrawal without trading activity following the last deposit or any abuse is detected. In that case, the company may charge a fee of 3% of the total withdrawal amount.

Inactivity Fee

If a client's account remains inactive for 6 months, Alpari may charge an inactivity fee of $5 per month. This is important to keep in mind for traders who do not plan to use their trading accounts regularly.

Loyalty Program (Alpari Cashback)

Alpari operates a loyalty program on its site. ALP bonuses and points are awarded for account replenishment, successful transactions, and other operations. The Alpari Cashback program also compensates for part of the system's commission:

  • Up to 20% compensation of the spread;
  • Up to 20% compensation of commissions on ECN accounts;
  • Up to 100% compensation of the account replenishment commission;
  • Up to 40% compensation of conversion expenses.

Deposit and Withdrawal


Broker Alpari offers flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.

Deposits and withdrawals are facilitated through bank transfers, Visa and MasterCard transactions, internet banking (Sberbank Online, Alfa-Click, etc.), electronic transfers (Skrill, WebMoney, etc.), and cryptocurrencies.

The commission charged by payment systems can vary. However, this is standard practice in the industry, and the absence of a commission from the broker is a significant advantage.

The transaction processing speed also depends on the chosen payment method, and while some may take longer, overall, the process is relatively swift.

Account Funding Methods

The system's commission ranges from 0% to 4%, depending on the account funding method. The system's loyalty program covers part of the commission.

We will look in more detail at how to replenish through payment systems.

Payment SystemCurrenciesDeposit FeeOperation Limit
Perfect MoneyPerfect Money
from 10 to 25000 USDfrom 10 to 25000 EUR
up to 5000 USDup to 5000 EURup to 100000 RUB
from 200 KZT
up to 37500 EUR
Wallet OneWallet One
1.4%+ 0.29 EUR
from 10 to 10000 EUR
TC PayTC Pay
up to 50000 EUR
from 100 USDfrom 100 EURfrom 5000 RUB
from 5 to 10000 USDfrom 5 to 8500 EURfrom 300 RUB
from 5 to 10000 USDfrom 5 to 8500 EURfrom 300 RUB
CryptocurrencyBlockchainDeposit FeeOperation Limit
Логотип TetherUSDT (Tether)Omni
from 251 USDT
Логотип TetherUSDT (Tether)ERC20
from 251 USDT
Логотип BitcoinBTC (Bitcoin)BTC
from 0.01 BTC
Логотип EthereumETH (Ethereum)ERC20
from 0.03 ETH
Логотип LitecoinLTC (Litecoin)LTC
from 0.1 LTC
Логотип ZcashZEC (Zcash)ZEC
from 0.05 ZEC

Account funding in cryptocurrency is carried out without a commission from the broker, but you will need to pay the blockchain commission for the transaction.

Withdrawal Methods

The same methods available for depositing are also available for withdrawals. However, commissions and limits for withdrawing funds may differ.

Payment SystemCurrenciesWithdrawal FeeOperation Limit
from 10 USDfrom 10 EUR
Perfect MoneyPerfect Money
from 1 USDfrom 1 EUR
from 1 to 2500 USDfrom 1 to 2500 EUR
TC PayTC Pay
up to 50000 EUR
from 1 to 5000 USDfrom 1 to 5000 EURup to 100000 RUB
from 100 USDfrom 100 EURfrom 5000 RUB
1.2%+ 35 RUB
up to 1500 USDup to 1200 EURfrom 150 to 14999 RUB
up to 1500 USDup to 1200 EURfrom 150 to 14999 RUB
CryptocurrencyBlockchainWithdrawal FeeOperation Limit
Логотип BitcoinBTC (Bitcoin)BTC
from 0.01 BTC
Логотип EthereumETH (Ethereum)ERC20
from 0.03 ETH
Логотип LitecoinLTC (Litecoin)LTC
from 0.1 LTC
Логотип ZcashZEC (Zcash)ZEC
from 0.05 ZEC

Note that withdrawing to a bank card (including to a ruble account) is more favorable than account replenishment. The best method for withdrawing funds is Neteller.

Markets and Products


The overall selection of assets available for trading with broker Alpari offers a diverse range that can satisfy the needs of most traders.

Out of the 60 available assets for trading, traders can choose from 46 currency pairs on the Forex market, offering extensive opportunities for currency trading.

Trading in metals is limited to just two pairs - gold and silver. Although this is a somewhat limited choice, these two metals are the most popular among traders.

In addition, traders can trade CFDs on various assets, including oil, indices, stocks, and even cryptocurrencies. The maximum leverage varies depending on the type of asset, reaching up to 1:3000 for major currency pairs.

However, it's important to note that Alpari cannot trade CFDs on exchange commodities.

What markets are available?

Alpari offers the following asset classes for trading compared to other brokers:

BrokerOlymp TradeAlpariBinomo
Precious Metals222
Energy Carriers131


Let's consider the maximum leverage available depending on the trading instrument.

Trading InstrumentMax. Leverage for Retail Traders
Precious Metals
Energy Carriers

Trading Platforms


Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. These terminals provide traders with the tools and resources needed for effective trading.

Trading is conducted on the MetaTrader 4, MetaTrader 5, and Fix-Contracts platforms, all available for download on the website.

For those who prefer to trade and view trading schedules on mobile devices rather than a personal computer, applications for Android or iOS can be downloaded.

MetaTrader 4

MT4 is a classic trading platform used by millions of traders worldwide.

The following versions of MetaTrader 4 are available at Alpari:

  • for Windows;
  • for Mac;
  • for Android;
  • for iOS.
Alpari MetaTrader 4
Alpari MetaTrader 4

Alpari's website also offers training courses and educational materials on this trading platform.

MetaTrader 5

MT5 is one of the most modern trading platforms for trading. It is free for the same operating systems as MetaTrader 4 (see above).

Alpari MetaTrader 5
Alpari MetaTrader 5

Educational materials on MetaTrader 5 are also available, which will help you install and use the terminal for Forex trading and even connect to a VPS through your account on


Fix-ContractsTrader is Alpari's proprietary platform for trading fixed contracts (binary options).

Available as:

  • a Web version;
  • an Android application.
Alpari Fix-ContractsTrader
Alpari Fix-ContractsTrader

Alpari Mobile

Users can also access their client's areas using the Alpari Mobile application. Through this application, you can:

  • deposit and withdraw funds from trading accounts;
  • open trading or demo accounts;
  • read analytical reviews;
  • track your trading activity;
  • trade through the web platform.
Alpari Mobile
Alpari Mobile

The Alpari Mobile application can be downloaded for Android and iOS in the Alpari personal cabinet.

Alpari Invest

With the Alpari Invest application, you can:

  • invest in PAMM accounts or portfolios;
  • fund your account;
  • monitor and manage your investments;
  • withdraw funds.

The Alpari Invest application is available for both Android and iOS. Like the Alpari Mobile app, Alpari Invest can be downloaded in the personal cabinet.



Alpari's "Market Analysis and News" section offers daily comprehensive market insights, focusing on critical economic events and their potential impact on various financial instruments. The analysis provided by in-house experts includes interpretations of central bank meetings, interest rate expectations, and technical analysis on key currency pairs, aiding traders in making informed decisions. This daily analysis and expert commentary on currency movement and market expectations could significantly benefit traders looking for a quick yet thorough understanding of market dynamics.

However, without access to the full suite of analytical tools that might be available, such as economic calendar, market feed, or AutoChartist, it is challenging to assess the complete analytical capabilities Alpari provides to its users. Adding these tools would enhance the value of the broker's analytics offering.

Alpari's Daily Market Reviews
Alpari's Daily Market Reviews



Given that Alpari does not provide any educational materials for its English-speaking clients, the quality and diversity of academic offerings in this segment can only be rated as 2 out of 5. Educational resources are crucial in a trader's development and success, especially in a complex and dynamic field like Forex trading. High-quality educational materials, including webinars, video tutorials, podcasts, and comprehensive articles, are essential for catering to a global audience. Therefore, while Alpari's Russian-language platform may offer robust educational tools, its international reach is significantly limited by the lack of such resources in English, a significant drawback for English-speaking traders seeking to enhance their trading knowledge through Alpari.

Customer Support


Alpari's customer support boasts a variety of communication channels, although the absence of working hours listed on the site may leave some users uncertain about when live support is available. This can be a drawback for traders who require assistance outside standard business hours.

Contact Details

Customer Reviews on Alpari's Support

Customer feedback on Alpari's support is mixed. Some users rate the service highly, citing quick fund withdrawals and competitive spreads as positives. However, others have expressed dissatisfaction with unsolicited trade closures, unexplained account terminations, and what they perceive as generic responses to inquiries. Reports of high withdrawal commissions and seemingly adversarial support interactions have also been noted, indicating inconsistencies in service quality across different support agents.


Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.

Overall, Alpari is an excellent choice for beginners and professional traders.


Is Alpari legit?

Yes, Alpari is a legitimate Forex and CFD broker that has been in operation for over 20 years. It adheres to regulatory standards in multiple jurisdictions, ensuring a secure trading environment.

Which country is Alpari from?

Alpari originated in Comoros but has since expanded globally, with various international offices and a strong global presence.

Is Alpari an ECN broker?

Alpari offers ECN accounts, providing direct access to other participants in the forex markets, which typically means better prices and faster execution for traders.

How does Alpari make money?

Alpari earns revenue primarily through spreads and commissions on trades executed by its clients. It may also profit from overnight swaps and administrative fees.

Is Alpari good for beginners?

Yes, Alpari is suitable for beginners, offering beginner-friendly trading platforms and dedicated customer support to help new traders navigate the Forex market.

Does Alpari offer a demo account?

Yes, Alpari provides a demo account that allows traders to practice trading strategies with virtual money without any financial risk.

How can I open an account with Alpari?

To open an account with Alpari, visit their website, fill out the registration form, submit the necessary identification documents for verification, and once approved, you can fund your account and start trading.

How can I delete my Alpari account?

To delete your Alpari account, contact their customer support directly. You may need to provide identification documents and ensure all open positions are closed and funds are withdrawn.

What is the minimum deposit for Alpari?

The minimum deposit at Alpari varies depending on the account type, starting from as low as $20 for some account types.

What is the maximum leverage on Alpari?

The maximum leverage offered by Alpari can go up to 1:3000, although it may vary based on the account type and regulatory requirements in your region.

How do I deposit funds in an Alpari account?

Funds can be deposited into an Alpari account via various methods including bank transfers, credit/debit cards, and e-wallets. Log into your account management portal to access deposit options.

How do I withdraw money from Alpari?

To withdraw money from Alpari, access your account management portal, select the withdrawal option, choose your preferred withdrawal method, and follow the instructions provided.

Does Alpari provide VPS?

No, Alpari does not offer VPS (Virtual Private Server) services. Traders looking to use automated trading systems might need to arrange their own VPS solutions to ensure uninterrupted trading and connectivity.

Is Alpari suitable for scalping?

Yes, Alpari is suitable for scalping as it offers ECN accounts with low spreads and fast execution, which are ideal for scalping strategies.

Is Alpari suitable for auto-trading?

Yes, Alpari supports auto-trading and offers compatibility with automated trading platforms like MetaTrader, which can run Expert Advisors (EAs).

Is Alpari suitable for hedging?

Yes, Alpari permits hedging, allowing traders to open multiple positions in the same or different directions to potentially reduce risk.

Is Alpari suitable for spread betting?

Alpari does not offer spread betting; its services are more focused on Forex and CFD trading.

Visit AlpariTrading CFDs carries high risks. You may lose all invested funds

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.