Alpari vs FXCM Comparison

Last updated May 30, 2025
Alpari LogoAlpari
4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
FXCM LogoFXCM
4.3/5
Register67-72% of retail investors lose money when trading CFDs with this broker

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of Alpari and FXCM

BrokerAlpariFXCM
Rating
4.1/5
4.3/5
Foundation Year19981999
Regulated in CountriesComoros, BelarusUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the Grenadines
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 50 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:30001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • Trading Station
  • TradingView
ReviewAlpari Review FXCM Review

Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.

FXCM is suitable for traders of all levels. Beginners will find educational materials and helpful analytics, while experienced traders will appreciate various instruments and flexible platforms.

Alpari Review

Alpari Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare Alpari trading accounts

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

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

Cons

  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.

FXCM Review

FXCM Logo
Register67-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4Trading StationTradingView
compare FXCM trading accounts

FXCM represents a comprehensive solution that will benefit traders of all levels — from beginners to professionals. Beginners will appreciate the accessible educational materials and analytics, while experienced traders can use various instruments and flexible platform settings.

However, it's essential to consider drawbacks such as fees for account inactivity and the limited variety of trading accounts. These factors may be particularly significant for traders who do not plan to trade actively or are looking for more options for customization.

The broker offers a good balance between high-quality services and reasonable rates, making it an attractive choice for a broad spectrum of traders.

Pros and Cons of FXCM

Pros

  1. Diverse methods for deposit and withdrawal.
  2. Wide range of markets and products for trading.
  3. A broad spectrum of trading platforms.
  4. Extensive and quality materials for making informed decisions.
  5. Quick and efficient help in solving emerging issues.

Cons

  1. Insufficient variety of trading accounts.
  2. Inactivity fees and commissions for bank transfer withdrawals.
  3. Protracted account opening and verification process.

Reliability

BrokerAlpariFXCM
Reliability
4/5
5/5
Foundation Year19981999
Regulated in CountriesComoros, BelarusUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the Grenadines
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.

FXCM

FXCM is a well-regulated broker with numerous licenses from various global organizations.

Account Opening

BrokerAlpariFXCM
Account Opening
5/5
4/5
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 50 USD

Alpari

Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.

FXCM

The account opening process at FXCM is logically organized and efficient, providing clear steps for traders. The structured system and quick verification make this process convenient and straightforward.

Pros

  1. Clear and structured registration form.

Cons

  1. Verification waiting time can take up to 3 days.

Account Types

BrokerAlpariFXCM
Account Types
4.8/5
4/5
Trading Accounts
  • standard.mt5
  • standard.mt4
  • ECN
  • PRO ECN
  • Standard
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 50 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:30001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • Trading Station
  • TradingView
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

  1. ECN and cent accounts available
  2. PAMM accounts and copy trading options
  3. Binary options trading accessible

Cons

  1. No fixed spread accounts available

FXCM

FXCM offers two types of accounts: Mini for beginners and Standard for experienced traders. Although the choice is not vast, both accounts are well adapted for their target audiences.

Pros

  1. Mini account available - akin to a cent account.
  2. Option for copy trading through ZuluTrade.
  3. Demo and Islamic accounts available.

Cons

  1. Limited selection of account types.
  2. No account with fixed spreads.

Commissions

BrokerAlpariFXCM
Commissions
3.2/5
3.2/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.71.2
Commission per Lot$2.70

Alpari

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

Pros

  1. Low transaction fee for ECN accounts
  2. Loyalty program (CashBack)

Cons

  1. Spreads slightly above market average
  2. Inactivity fee for accounts

FXCM

Commissions at FXCM are average. The broker offers favorable conditions for long-term trading thanks to competitive spreads and swaps. However, there is an inactivity fee and a fee for fund withdrawal.

Pros

  1. Competitive spreads and swaps.
  2. Rebate program for active traders.

Cons

  1. Inactivity fee.
  2. Fee for withdrawals via bank transfer.

Deposit and Withdrawal

BrokerAlpariFXCM
Rating
5/5
4.5/5
Account Funding Methods
  • Perfect Money
  • VLoad
  • AdvCash
  • WebMoney
  • Касса24
  • Neteller
  • Wallet One
  • Skrill
  • TC Pay
  • Swift
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • PayPal
  • Swift
  • Visa
  • Mastercard
  • Discover
  • UnionPay

Alpari

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

FXCM

FXCM offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies.

Pros

  1. Variety of deposit methods.
  2. Fast processing of withdrawal requests.
  3. No broker commissions for depositing.

Cons

  1. Commission for withdrawals via bank transfer.

Markets and Products

BrokerAlpariFXCM
Markets and Products
4.5/5
4.5/5
Forex4641
Precious Metals23
Energy Carriers37
Indices1215
Stocks6313512
Cryptocurrency923
Soft Commodities-4
ETF-280

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.

FXCM

FXCM provides a wide range of trading instruments, making it attractive for various categories of traders. Different markets, from Forex to stocks and cryptocurrencies, are available.

Pros

  1. Good selection of markets and instruments.

Cons

  1. Some competitors have even more CFDs.

Trading Platforms

BrokerAlpariFXCM
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • Trading Station
  • TradingView

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.

FXCM

FXCM offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.

Pros

  1. Wide choice of platforms for different trading styles.
  2. Advanced analytical tools in Trading Station.
  3. Support for algorithmic and social trading through Capitalise AI and ZuluTrade.

Analytics

BrokerAlpariFXCM
Rating
3/5
5/5

Alpari

Alpari provides daily expert market analysis, offering valuable insights for traders.

Pros

  1. In-depth daily reports.
  2. Expert analysis on market events.

Cons

  1. Limited range of analytical tools.
  2. Lack of real-time signals.

FXCM

FXCM offers comprehensive analytical tools, from trading signals to expert research. These resources not only simplify trading decisions but also help to improve strategy.

Pros

  1. Wide range of analytical tools.
  2. Professional signals and market analysis.
  3. Personalized trading applications.

Cons

  1. Some tools may require a subscription or active account.
  2. Lack of analytics localization in different languages.

Education

BrokerAlpariFXCM
Rating
2/5
4/5

Alpari

No educational materials in English.

FXCM

The broker offers quality webinars and helpful guides that make the learning process informative and interactive.

Pros

  1. Webinars with experts for direct interaction.
  2. Detailed Forex guides.
  3. Materials suitable for traders of all levels.

Cons

  1. Lack of video courses.
  2. No podcasts for audio learning.

Customer Support

BrokerAlpariFXCM
Rating
3/5
5/5
Email Support
  • support@alpari.im
  • info@fxcmmarkets.com
  • info@fxcm.co.uk
  • info@fxcm.eu
  • support@fxcm.com.au
  • info@fxcmbullion.com
  • info@fxcm.ca
  • sales@fxcm.co.il
  • info@fxcm.za.com
Hotline Phones
  • +44 2031 29-37-99
  • 8 800 200 01 31
  • +16462531401
Social Media

Alpari

Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.

Pros

  1. Multiple contact methods.
  2. International phone support.

Cons

  1. No clear support hours.
  2. Mixed client reviews.

FXCM

FXCM's technical support is highly rated for its variety of communication channels and quick response. Customer reviews confirm the professionalism and efficiency of the staff.

Pros

  1. Multiple channels of communication, including WhatsApp and live chat.
  2. Available 24/5.
  3. High degree of customer satisfaction.

Cons

  1. There may be telephone charges for international calls.

Comparisons of Alpari and FXCM with other brokers

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.