Alpari vs CMC Markets Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Alpari or CMC Markets?
Our pick: CMC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - CMC Markets looks preferable to Alpari.
CMC Markets scored 4.4/5 and ranks 16 in our all Forex brokers list, whereas Alpari has 4.1/5 and ranks 43.
This is not financial advice. See the full comparison below.
Who is Alpari suitable for?
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
Who is CMC Markets suitable for?
Broker CMC Markets is suitable for all traders thanks to its reliability, low commissions, and excellent trading platform.
Comparison Table of Alpari and CMC Markets
| Broker | Alpari | CMC Markets |
|---|---|---|
| Rating | 4.1/5 | 4.4/5 |
| Foundation Year | 1998 | 1988 |
| Regulated in Countries | Comoros, Belarus | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.7 points |
| Max Leverage | 1:3000 | 1:30 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | Alpari Review | CMC Markets Review |
Alpari Review
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.
Pros and Cons of Alpari
Pros
- A wide range of trading accounts.
- Flexible conditions for depositing and withdrawing funds.
- Diversity of trading platforms.
Cons
- Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
- Fees for fund withdrawal and inactivity charges.
- Limited choice in terms of different asset classes.
Alpari is in the top 10 of the following ratings:
CMC Markets Review
CMC Markets has been a reliable CFD and Forex broker in the business for a long time. Top-tier financial authorities regulate the company, offers an excellent trading platform, and has low commission fees.
We believe it is an excellent choice for beginners and experienced traders. CMC Markets is a good option if you are seeking a trustworthy broker with extensive experience.
Pros and Cons of CMC Markets
Pros
- Low trading fees.
- Wide range of markets and products.
- Access to the popular MetaTrader 4 and CMC Markets platforms.
- Extensive analytical materials.
- Comprehensive educational materials.
Cons
- Limited account options.
- Inactivity fee.
- No online chat.
CMC Markets is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | CMC Markets |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 1998 | 1988 |
| Regulated in Countries | Comoros, Belarus | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
| Regulators |
|
|
Alpari
Alpari is regulated in the Comoros Islands and Belarus, providing a certain degree of client protection. However, Comorian licensing does not offer the same level of investor protection as countries with stricter regulatory bodies.
CMC Markets
CMC Markets demonstrates a high level of regulation and protection of client funds.
Pros
- Regulation in multiple countries.
- Adherence to CASS rules to protect client funds.
- Compensation through FSCS in case of financial problems.
Account Opening
| Broker | Alpari | CMC Markets |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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|
Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
CMC Markets
The account opening process is standard but has some limitations.
Pros
- No minimum deposit requirement.
- Clear and transparent registration process.
Cons
- Requirement to provide extensive information.
- Restrictions for residents of certain countries.
Account Types
| Broker | Alpari | CMC Markets |
|---|---|---|
| Account Types | 4.8/5 | 2.3/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
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| Spread | from 0 points | from 0.7 points |
| Max Leverage | 1:3000 | 1:30 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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|
| Demo Account | ||
| Swap-free Account |
Alpari
Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.
Pros
- ECN and cent accounts available
- PAMM accounts and copy trading options
- Binary options trading accessible
Cons
- No fixed spread accounts available
CMC Markets
Accounts meet basic needs but do not offer a wide selection.
Pros
- Availability of a demo account.
Cons
- No cent or Islamic accounts.
- No accounts with fixed spreads.
- No investment accounts (PAMM, copy trading).
Commissions
| Broker | Alpari | CMC Markets |
|---|---|---|
| Commissions | 3.2/5 | 4.7/5 |
| Spread | from 0 points | from 0.7 points |
| Average Spread (EURUSD) | 1.7 | 0.7 |
| Commission per Lot | $2.70 |
Alpari
Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.
Pros
- Low transaction fee for ECN accounts
- Loyalty program (CashBack)
Cons
- Spreads slightly above market average
- Inactivity fee for accounts
CMC Markets
The broker offers competitive spreads and does not charge fees for depositing/withdrawing.
Pros
- No deposit or withdrawal fees.
- Competitive spreads and swaps.
- Cashback on trading commissions.
Cons
- Monthly inactivity fee.
Deposit and Withdrawal
| Broker | Alpari | CMC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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Alpari
Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.
CMC Markets
The broker offers flexibility and transparency in transactions.
Pros
- No fees for deposits or withdrawals.
- Fast processing of withdrawal requests.
Cons
- Some competitors offer more payment methods.
Markets and Products
| Broker | Alpari | CMC Markets |
|---|---|---|
| Markets and Products | 4.5/5 | 4.4/5 |
| Forex | 46 | 336 |
| Precious Metals | 2 | 19 |
| Energy Carriers | 3 | 45 |
| Indices | 12 | 99 |
| Stocks | 631 | 10099 |
| Cryptocurrency | 9 | 336 |
| Soft Commodities | - | 58 |
| ETF | - | 1200 |
| Bonds | - | 71 |
Alpari
The overall selection of assets available for trading with Alpari broker offers a diverse range that can satisfy the needs of most traders. However, there is no option to trade CFDs on exchange commodities.
CMC Markets
CMC Markets offers various trading instruments for multiple markets but with limited maximum leverage.
Trading Platforms
| Broker | Alpari | CMC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
|
|
Alpari
Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. The terminals provide traders with a full set of tools and resources necessary for effective trading.
CMC Markets
The broker provides two powerful and flexible trading platforms.
Pros
- Availability of the popular MetaTrader 4 platform.
- Proprietary platform with extensive functionality and customization options.
Cons
- The proprietary platform may be complex for beginners.
- Lack of MetaTrader 5 platform.
Analytics
| Broker | Alpari | CMC Markets |
|---|---|---|
| Rating | 3/5 | 5/5 |
Alpari
Alpari provides daily expert market analysis, offering valuable insights for traders.
Pros
- In-depth daily reports.
- Expert analysis on market events.
Cons
- Limited range of analytical tools.
- Lack of real-time signals.
CMC Markets
The broker offers extensive analytical resources that assist traders in decision-making.
Pros
- Comprehensive commentary and forecasts from experts.
- Technical and fundamental analysis.
- News from Reuters and economic calendar.
Education
| Broker | Alpari | CMC Markets |
|---|---|---|
| Rating | 2/5 | 5/5 |
Alpari
No educational materials in English.
CMC Markets
The broker offers extensive and quality educational resources for traders of all levels.
Pros
- A wide range of educational forms: seminars, webinars, video conferences, courses.
- Classes conducted by leading traders and guest experts.
- Most materials are available for free to company clients.
Customer Support
| Broker | Alpari | CMC Markets |
|---|---|---|
| Rating | 3/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
Facebook
Twitter
LinkedInAlpari
Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.
Pros
- Multiple contact methods.
- International phone support.
Cons
- No clear support hours.
- Mixed client reviews.
CMC Markets
CMC Markets provides quality technical support operating 24/5, with prompt and professional responses.
Pros
- Support available 24/5.
- Prompt and professional responses.
Cons
- Lack of online chat for instant communication.
Comparisons of Alpari and CMC Markets with other brokers
Conclusion
CMC Markets stands out as the better overall pick, while Alpari trails on aggregate criteria.
CMC Markets scored 4.4/5 and ranks 16 in our rating; Alpari has 4.1/5 and ranks 43.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Alpari or CMC Markets?
CMC Markets comes out ahead by overall rank (score 4.4/5, position 16) versus Alpari (score 4.1/5, position 43).
Which broker is better for beginners: Alpari or CMC Markets?
CMC Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Alpari or CMC Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Alpari and CMC Markets?
Alpari: MetaTrader 5, MetaTrader 4. CMC Markets: MetaTrader 4, CMC Markets. See the “Platforms” section for details and selection tips.
What markets can you trade with Alpari and CMC Markets?
Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. CMC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Alpari and CMC Markets?
Alpari: standard.mt5, standard.mt4, ECN, PRO ECN. CMC Markets: CFD. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Alpari and CMC Markets?
Alpari: Perfect Money, VLoad, Volet, WebMoney, Касса24, Neteller, Wallet One, Skrill, TC Pay, Swift, Visa, Mastercard. CMC Markets: PayPal, Bank Transfer, Visa, Mastercard, Maestro, Online banking. Check method-specific fees/settlement times.
Which broker is safer — Alpari or CMC Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
