Alpari vs NordFX 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 NordFX
| Broker | Alpari | NordFX |
|---|---|---|
| Rating | 4.1/5 | 3.5/5 |
| Foundation Year | 1998 | 2008 |
| Regulated in Countries | Comoros, Belarus | — |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | NordFX Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
NordFX suits traders who prefer MetaTrader 4 and value various analytical tools. It is perfect for those who prioritize individual support and tight spreads.
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:
NordFX Review
NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.
NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.
Pros and Cons of NordFX
Pros
- Diversity of trading accounts and services.
- Tight spreads.
- Wide range of deposit and withdrawal methods.
- Extensive set of analytical tools.
- Good customer support.
Cons
- Lack of regulation.
- High commission on Zero account.
- Long withdrawal request processing time.
- Lack of soft commodities and limited overall number of CFDs.
- There are no alternatives to MT4.
NordFX is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | NordFX |
|---|---|---|
| Reliability | 4/5 | 2/5 |
| Foundation Year | 1998 | 2008 |
| Regulated in Countries | Comoros, Belarus | — |
| Regulators | MISA MISA НБ РБ НБ РБ | - |
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.
NordFX
NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.
Account Opening
| Broker | Alpari | NordFX |
|---|---|---|
| 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.
NordFX
Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.
Account Types
| Broker | Alpari | NordFX |
|---|---|---|
| Account Types | 4.8/5 | 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 | 1:1000 |
| 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
NordFX
NordFX offers a wide range of account types and services.
Pros
- Flexible options for different traders.
- PAMM accounts and copy trading available.
- VPS available.
Cons
- Lack of cent accounts.
Commissions
| Broker | Alpari | NordFX |
|---|---|---|
| Commissions | 3.2/5 | 2.5/5 |
| 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
NordFX
NordFX's commission policy is quite flexible and offers various options for different types of traders.
Pros
- Flexible commission system suitable for different strategies.
- Tight spreads on the Pro account.
Cons
- Above-average transaction commission on the Zero account.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | Alpari | NordFX |
|---|---|---|
| Rating | 5/5 | 4/5 |
| 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.
NordFX
NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.
Pros
- Numerous available deposit methods.
- Competitive commissions.
- Instant account funding.
Cons
- Withdrawal time up to 5 business days.
- Withdrawal only by the same method as deposit.
- Verification required for fund withdrawal.
Markets and Products
| Broker | Alpari | NordFX |
|---|---|---|
| Markets and Products | 4.5/5 | 4/5 |
| Forex | 46 | 33 |
| Precious Metals | 2 | 2 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 4 |
| Stocks | 631 | 68 |
| Cryptocurrency | 9 | 15 |
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.
NordFX
NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.
Pros
- Diversity of asset classes.
- Access to 15 cryptocurrencies.
Cons
- Lack of soft commodities.
- Limited number of CFDs.
Trading Platforms
| Broker | Alpari | NordFX |
|---|---|---|
| Rating | 5/5 | 3/5 |
| 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.
NordFX
NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.
Pros
- Reliable and proven MT4 platform.
- Desktop and mobile versions available.
- MultiTerminal for managing multiple accounts.
Cons
- Lack of a web-based platform.
- Limited choice of trading platforms.
Analytics
| Broker | Alpari | NordFX |
|---|---|---|
| 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.
NordFX
NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.
Pros
- Weekly forecasts for Forex and cryptocurrencies.
- Economic calendar.
- Convenient calculator for estimating potential profits.
Cons
- Lack of trading signals.
- Insufficient analytics from company experts.
- Limited selection of analytical materials.
Education
| Broker | Alpari | NordFX |
|---|---|---|
| Rating | 2/5 | 4/5 |
Alpari
No educational materials in English.
NordFX
The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.
Pros
- Variety of formats: video, audio, articles.
- Materials for different skill levels.
- Regular blog publications.
Cons
- Lack of webinars.
- No seminars or master classes.
- No personalized training.
Customer Support
| Broker | Alpari | NordFX |
|---|---|---|
| Rating | 3/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
Twitter
LinkedIn
PinterestAlpari
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.
NordFX
NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.
Pros
- 24/7 availability.
- Multiple communication channels: live chat, email, phone.
- High level of staff professionalism.
