Alpari vs FXOpen Comparison
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 FXOpen
| Broker | Alpari | FXOpen |
|---|---|---|
| Rating | 4.1/5 | 4.3/5 |
| Foundation Year | 1998 | 2004 |
| Regulated in Countries | Comoros, Belarus | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Alpari Review | FXOpen Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
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:
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | FXOpen |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 1998 | 2004 |
| Regulated in Countries | Comoros, Belarus | United Kingdom, Cyprus, Australia |
| Regulators | MISA MISA НБ РБ НБ РБ | - FCA FCA CySEC CySEC ASIC ASIC |
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.
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Account Opening
| Broker | Alpari | FXOpen |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
| Broker | Alpari | FXOpen |
|---|---|---|
| Account Types | 4.8/5 | 5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| 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
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
| Broker | Alpari | FXOpen |
|---|---|---|
| Commissions | 3.2/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.7 | 1.2 |
| Commission per Lot | $2.70 | $3.5 |
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
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
| Broker | Alpari | FXOpen |
|---|---|---|
| Rating | 5/5 | 4.2/5 |
| Account Funding Methods |
|
|
Alpari
Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
| Broker | Alpari | FXOpen |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 46 | 66 |
| Precious Metals | 2 | 3 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 12 |
| Stocks | 631 | 553 |
| Cryptocurrency | 9 | 41 |
| ETF | - | 56 |
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.
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
| Broker | Alpari | FXOpen |
|---|---|---|
| Rating | 5/5 | 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.
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
| Broker | Alpari | FXOpen |
|---|---|---|
| Rating | 3/5 | 4/5 |
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.
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
| Broker | Alpari | FXOpen |
|---|---|---|
| Rating | 2/5 | 2/5 |
Alpari
No educational materials in English.
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
| Broker | Alpari | FXOpen |
|---|---|---|
| Rating | 3/5 | 4.5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
YouTube
Telegram
Дзен
Facebook
Twitter
LinkedIn
Whatsapp
InstagramAlpari
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.
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
