Alpari vs FXTM Comparison
Compare trading conditions, commissions and platforms of Forex brokers Alpari and FXTM. Find out which broker is best for you.
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 FXTM?
Our pick: FXTM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXTM looks preferable to Alpari.
FXTM scored 4.1/5 and ranks 48 in our all Forex brokers list, whereas Alpari has 3.9/5 and ranks 57.
This is not financial advice. See the full comparison below.
Who is Alpari suitable for?
Best suited to retail Forex and CFD traders who prefer MetaTrader, low-entry account options, and a simple, familiar trading environment.
Who is FXTM suitable for?
Broker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.
Comparison Table of Alpari and FXTM
| Broker | Alpari | FXTM |
|---|---|---|
| Rating | 3.9/5 | 4.1/5 |
| Foundation Year | 1998 | 2011 |
| Regulated in Countries | Comoros | Cyprus, United Kingdom, Mauritius, Kenya |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | FXTM Review |
Alpari Review
Alpari is a long-established broker with a recognizable brand and a familiar trading environment focused on Forex and CFDs. Its main strengths include a practical account lineup, access to MetaTrader platforms, basic market analysis tools, and convenient funding methods. At the same time, the broker is less competitive in areas such as regulation, education, and the overall depth of its product ecosystem.
Alpari is best suited to retail traders with some basic market experience who want a straightforward trading setup with MetaTrader, several account options, and a relatively low entry barrier. It may also appeal to traders who prefer a simple Forex and CFD offering without the need for an extensive research or educational environment. For beginners who prioritize strong regulation and comprehensive learning resources, it is not the strongest choice.
Pros and Cons of Alpari
Pros
- Wide selection of account types for different trading styles
- Support for MetaTrader platforms and binary options trading
- Convenient funding methods, including cards, Volet, and crypto
Cons
- Offshore-only regulation with no top-tier licenses
- Limited educational offering
- Narrower product and research ecosystem than stronger competitors
Alpari is in the top 10 of the following ratings:
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
Reliability
| Broker | Alpari | FXTM |
|---|---|---|
| Reliability | 3.5/5 | 5/5 |
| Foundation Year | 1998 | 2011 |
| Regulated in Countries | Comoros | Cyprus, United Kingdom, Mauritius, Kenya |
| Regulators |
Alpari
Alpari has a long operating history and remains a recognizable broker brand, but its regulatory profile is weak due to offshore-only supervision and the absence of licenses from top-tier financial authorities.
Pros
- Founded in 1998
- Regulated by MISA
Cons
- Offshore-only regulation
- No top-tier licenses
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
Account Opening
| Broker | Alpari | FXTM |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
FXTM
Opening an account with FXTM is a simple and fast process.
Account Types
| Broker | Alpari | FXTM |
|---|---|---|
| Account Types | 4.5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Alpari
Alpari offers a well-structured range of account types for different budgets and trading styles, with low-entry options, tighter-spread accounts, and demo access, although the lineup is not especially diverse by industry standards.
Pros
- Accounts for different deposit levels
- Demo account available
- Low minimum deposit entry option
Cons
- No fixed spread accounts available
- Limited differentiation between account types
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
Commissions
| Broker | Alpari | FXTM |
|---|---|---|
| Commissions | 3/5 | 3/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.7 | |
| Commission per Lot | $2.70 | $2.16 |
Alpari
Alpari offers average trading commissions, but potential inactivity charges may deter some clients.
Pros
- Low transaction fee for ECN accounts
Cons
- Spreads slightly above market average
- Inactivity fee for accounts
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
Deposit and Withdrawal
| Broker | Alpari | FXTM |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Account Funding Methods |
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Alpari
Alpari offers a practical deposit and withdrawal setup with support for cards, Volet, and cryptocurrencies, but the overall payment range is narrower than that of brokers with broader local and e-wallet options.
Pros
- Supports cards, Volet, and crypto
- Convenient mix of fiat and digital methods
Cons
- Limited choice of payment methods
FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
Markets and Products
| Broker | Alpari | FXTM |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 46 | 48 |
| Precious Metals | 2 | 3 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 13 |
| Stocks | 631 | 640 |
| Cryptocurrency | 9 | 11 |
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.
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
Trading Platforms
| Broker | Alpari | FXTM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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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.
FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
Analytics
| Broker | Alpari | FXTM |
|---|---|---|
| Rating | 4/5 | 4/5 |
Alpari
Alpari provides useful day-to-day market research through regular news updates, expert commentary, and a practical economic calendar, but its analytics offering appears more solid and functional than truly advanced.
Pros
- Regular market news and analysis updates
- Economic calendar with forecasts, actual data, and event importance
Cons
- No clear evidence of advanced analytical tools
- Research offering looks more basic than premium
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
Education
| Broker | Alpari | FXTM |
|---|---|---|
| Rating | 2/5 | 3.5/5 |
Alpari
Alpari’s educational offering is very limited, with no clear access to structured learning materials such as courses, webinars, or video tutorials, which makes the broker less appealing for beginners.
Cons
- No visible structured educational content
- Lacks webinars, courses, and video tutorials
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
Customer Support
| Broker | Alpari | FXTM |
|---|---|---|
| Rating | 3/5 | 3.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
Messenger
LinkedIn
Skype
Twitter
Viber
WhatsappAlpari
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.
FXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
Comparisons of Alpari and FXTM with other brokers
Conclusion
FXTM stands out as the better overall pick, while Alpari trails on aggregate criteria.
FXTM scored 4.1/5 and ranks 48 in our rating; Alpari has 3.9/5 and ranks 57.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Alpari or FXTM?
FXTM comes out ahead by overall rank (score 4.1/5, position 48) versus Alpari (score 3.9/5, position 57).
Which broker is better for beginners: Alpari or FXTM?
FXTM 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 FXTM?
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 FXTM?
Alpari: MetaTrader 5, MetaTrader 4. FXTM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with Alpari and FXTM?
Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Alpari and FXTM?
Alpari: Micro, Standard, PRO ECN. FXTM: Micro, Advantage, Advantage Plus. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Alpari and FXTM?
Alpari: Volet, Swift, Visa, Mastercard. FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Check method-specific fees/settlement times.
Which broker is safer — Alpari or FXTM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
