Alpari vs FreshForex 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 FreshForex?
Our pick: FreshForex
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FreshForex looks preferable to Alpari.
FreshForex scored 4.1/5 and ranks 35 in our all Forex brokers list, whereas Alpari has 4.1/5 and ranks 42.
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 FreshForex suitable for?
FreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.
Comparison Table of Alpari and FreshForex
| Broker | Alpari | FreshForex |
|---|---|---|
| Rating | 4.1/5 | 4.1/5 |
| Foundation Year | 1998 | 2003 |
| Regulated in Countries | Comoros, Belarus | Saint Vincent and the Grenadines |
| Minimum Deposit |
|
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | FreshForex 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:
FreshForex Review
FreshForex is a broker with a long history in the market, a wide selection of trading accounts, high leverage, and an affordable minimum deposit. It is suitable for active traders who value flexibility in choosing trading instruments, are interested in high-risk strategies, and are willing to work with an offshore company without licenses from leading global regulators. Thanks to the availability of a demo account, a variety of analytical materials, and training courses, FreshForex may also be of interest to novice traders who want to hone their skills without making large investments.
Pros and Cons of FreshForex
Pros
- Extensive experience (since 2004).
- Minimum deposit from $25.
- Wide selection of currencies and cryptocurrencies for accounts.
- Various analytical and educational materials.
Cons
- No licenses from reputable regulators.
- High spreads and commissions on a number of instruments.
- No PAMM accounts or copy trading.
- No online chat or support via messengers.
FreshForex is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | FreshForex |
|---|---|---|
| Reliability | 4/5 | 3/5 |
| Foundation Year | 1998 | 2003 |
| Regulated in Countries | Comoros, Belarus | Saint Vincent and the Grenadines |
| Regulators | MISA MISA НБ РБ НБ РБ | SVGFSA SVGFSA |
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.
FreshForex
FreshForex does not have licenses from leading global regulators, which increases the risks for clients. It operates in an offshore jurisdiction, so the level of investor protection is limited.
Pros
- Long-standing presence on the market (since 2004)
Cons
- Lack of regulation by authoritative bodies
- Limited legal protection for clients
Account Opening
| Broker | Alpari | FreshForex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
FreshForex
Opening an account with FreshForex is quick, with detailed verification and a wide selection of currencies, including cryptocurrencies. The minimum deposit of $25 makes the broker accessible to most traders.
Pros
- Quick registration and verification
- Minimum deposit of $25
- Large selection of currencies and cryptocurrencies for accounts
Account Types
| Broker | Alpari | FreshForex |
|---|---|---|
| Account Types | 4.8/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:2000 |
| 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
FreshForex
FreshForex offers a wide range of accounts, including ECN, cent, and Islamic accounts, as well as a demo account. However, the lack of PAMM and copy trading limits the options for passive investors.
Pros
- A variety of accounts for different levels of traders
- Islamic accounts and demo accounts are available
Cons
- No PAMM accounts or copy trading
Commissions
| Broker | Alpari | FreshForex |
|---|---|---|
| Commissions | 3.2/5 | 3.2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.7 | 1.8 |
| Commission per Lot | $2.70 | $3.3 |
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
FreshForex
FreshForex's commissions are above average, especially for certain currency pairs, but the absence of inactivity fees and a unique cashback program partially compensate for this drawback.
Pros
- No inactivity fees
- No deposit/withdrawal fees
- Cashback program with different refund schemes
Cons
- High spreads and swaps
- Commissions on some pairs are above average
Deposit and Withdrawal
| Broker | Alpari | FreshForex |
|---|---|---|
| Rating | 5/5 | 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.
FreshForex
FreshForex ensures fast and convenient account funding and withdrawals with more than 20 methods without broker commissions.
Pros
- No commission for deposits/withdrawals
- Support for cryptocurrencies and e-wallets
- Fast processing of requests
Markets and Products
| Broker | Alpari | FreshForex |
|---|---|---|
| Markets and Products | 4.5/5 | 4/5 |
| Forex | 46 | 52 |
| Precious Metals | 2 | 13 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 12 |
| Stocks | 631 | 133 |
| Cryptocurrency | 9 | 71 |
| ETF | - | 7 |
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.
FreshForex
FreshForex offers an extensive selection of trading instruments, but with limitations such as the absence of soft commodities and an average number of CFDs.
Pros
- Large number of currency pairs
- Wide selection of cryptocurrencies
- High leverage up to 1:2000
Cons
- No soft commodities or bonds
- Average number of CFDs on stocks
Trading Platforms
| Broker | Alpari | FreshForex |
|---|---|---|
| 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.
FreshForex
FreshForex offers reliable and popular MT4 and MT5 platforms with a variety of tools and versions for different devices.
Pros
- Access to MT4 and MT5, proven platforms.
- A large arsenal of indicators and tools.
- Versions for PC, MacOS, iPhone, Android, and Web.
Cons
- Lack of proprietary or alternative platforms.
- May be complex for beginner traders.
Analytics
| Broker | Alpari | FreshForex |
|---|---|---|
| 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.
FreshForex
FreshForex offers comprehensive and timely analytics, including a variety of analysis methods and useful tools for traders.
Pros
- Daily forecasts and Forex analytics.
- A variety of analysis methods.
- Additional tools such as a calculator and economic calendar.
Education
| Broker | Alpari | FreshForex |
|---|---|---|
| Rating | 2/5 | 5/5 |
Alpari
No educational materials in English.
FreshForex
FreshForex offers an extensive educational program, including webinars, consultations, and literature suitable for beginners.
Pros
- A variety of educational materials and courses.
- Free webinars and consultations with experts.
- A comprehensive glossary of Forex terms for beginners.
Cons
- Lack of advanced courses for experienced traders.
Customer Support
| Broker | Alpari | FreshForex |
|---|---|---|
| Rating | 3/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
ДзенAlpari
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.
FreshForex
FreshForex's technical support is competent and responsive, but the lack of online chat and messengers slightly reduces the convenience of communication.
Pros
- Quick response to tickets and calls
- Polite and qualified staff
Cons
- No online chat
- No support via messengers
Comparisons of Alpari and FreshForex with other brokers
Conclusion
FreshForex stands out as the better overall pick, while Alpari trails on aggregate criteria.
FreshForex scored 4.1/5 and ranks 35 in our rating; Alpari has 4.1/5 and ranks 42.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Alpari or FreshForex?
FreshForex comes out ahead by overall rank (score 4.1/5, position 35) versus Alpari (score 4.1/5, position 42).
Which broker is better for beginners: Alpari or FreshForex?
FreshForex 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 FreshForex?
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 FreshForex?
Alpari: MetaTrader 5, MetaTrader 4. FreshForex: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with Alpari and FreshForex?
Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. FreshForex: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Alpari and FreshForex?
Alpari: standard.mt5, standard.mt4, ECN, PRO ECN. FreshForex: Classic, Market Pro, ECN, Classic.Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Alpari and FreshForex?
Alpari: Perfect Money, VLoad, Volet, WebMoney, Касса24, Neteller, Wallet One, Skrill, TC Pay, Swift, Visa, Mastercard. FreshForex: WebMoney, Volet, SticPay, M-Pesa, Bank Transfer, Visa, Mastercard, Мир, Online banking. Check method-specific fees/settlement times.
Which broker is safer — Alpari or FreshForex — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
