Alpari vs NPBFX 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 NPBFX?
Our pick: NPBFX
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - NPBFX looks preferable to Alpari.
NPBFX scored 4.2/5 and ranks 32 in our all Forex brokers list, whereas Alpari has 4.1/5 and ranks 43.
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 NPBFX suitable for?
NPBFX is ideal for traders who value STP accounts, education, MetaTrader 4, participation in contests, and a decent selection of markets and products
Comparison Table of Alpari and NPBFX
| Broker | Alpari | NPBFX |
|---|---|---|
| Rating | 4.1/5 | 4.2/5 |
| Foundation Year | 1998 | 2016 |
| Regulated in Countries | Comoros, Belarus | Comoros |
| Minimum Deposit |
|
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| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | NPBFX 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:
NPBFX Review
NPBFX is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.
Despite certain drawbacks, NPBFX provides quality service and can be used by most traders.
Pros and Cons of NPBFX
Pros
- A rich selection of analytical tools and resources.
- Extensive education section.
- A variety of trading account types.
- Numerous available methods for depositing and withdrawing funds.
Cons
- Lack of alternatives to the MetaTrader 4 platform.
- Regulation in an offshore jurisdiction.
NPBFX is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | NPBFX |
|---|---|---|
| Reliability | 4/5 | 3.2/5 |
| Foundation Year | 1998 | 2016 |
| Regulated in Countries | Comoros, Belarus | Comoros |
| 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.
NPBFX
The broker has certain protective measures but is registered in offshore jurisdictions.
Pros
- Membership in The Financial Commission.
- Existence of a Compensation Fund.
- Regulation by multiple bodies.
Cons
- Registration in offshore jurisdictions.
- Lack of information on deposit insurance.
Account Opening
| Broker | Alpari | NPBFX |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
NPBFX
Registration on the website is simple and quick, as it requires minimal information.
Account Types
| Broker | Alpari | NPBFX |
|---|---|---|
| Account Types | 4.8/5 | 4.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| 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
NPBFX
The broker offers a wide range of accounts, meeting the needs of different traders.
Pros
- STP accounts
- Opportunity to copy trades of successful traders.
- Availability of cent accounts for beginners.
Cons
- No accounts with fixed spreads.
Commissions
| Broker | Alpari | NPBFX |
|---|---|---|
| Commissions | 3.2/5 | 4/5 |
| Spread | from 0 points | from 0.4 points |
| Average Spread (EURUSD) | 1.7 | 1.2 |
| Commission per Lot | $2.70 |
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
NPBFX
NPBFX offers average market spreads and swaps.
Pros
- No inactivity fee.
- No withdrawal fee.
- Cashback with up to 60% spread return
Cons
- Average spreads and swaps.
Deposit and Withdrawal
| Broker | Alpari | NPBFX |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| 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.
NPBFX
The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.
Pros
- Multiple deposit/withdrawal methods.
- No deposit fee.
- Commission compensation on the first withdrawal.
Cons
- Withdrawal processing time can be long.
- High commission of payment systems on withdrawal
Markets and Products
| Broker | Alpari | NPBFX |
|---|---|---|
| Markets and Products | 4.5/5 | 4/5 |
| Forex | 46 | 38 |
| Precious Metals | 2 | 2 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 11 |
| Stocks | 631 | 62 |
| Cryptocurrency | 9 | 5 |
| ETF | - | 2 |
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.
NPBFX
NPBFX offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer an even greater number of instruments and markets.
Trading Platforms
| Broker | Alpari | NPBFX |
|---|---|---|
| Rating | 5/5 | 4/5 |
| 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.
NPBFX
NPBFX platforms provide functionality and convenience for different categories of traders.
Pros
- Use of the popular MetaTrader 4 platform.
- NPB Invest trade copying service.
Cons
- Lack of alternatives to MT4
Analytics
| Broker | Alpari | NPBFX |
|---|---|---|
| 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.
NPBFX
NPBFX offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
Education
| Broker | Alpari | NPBFX |
|---|---|---|
| Rating | 2/5 | 4/5 |
Alpari
No educational materials in English.
NPBFX
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
Customer Support
| Broker | Alpari | NPBFX |
|---|---|---|
| Rating | 3/5 | 5/5 |
| 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.
NPBFX
Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.
Comparisons of Alpari and NPBFX with other brokers
Conclusion
NPBFX stands out as the better overall pick, while Alpari trails on aggregate criteria.
NPBFX scored 4.2/5 and ranks 32 in our rating; Alpari has 4.1/5 and ranks 43.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Alpari or NPBFX?
NPBFX comes out ahead by overall rank (score 4.2/5, position 32) versus Alpari (score 4.1/5, position 43).
Which broker is better for beginners: Alpari or NPBFX?
NPBFX 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 NPBFX?
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 NPBFX?
Alpari: MetaTrader 5, MetaTrader 4. NPBFX: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with Alpari and NPBFX?
Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. NPBFX: 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 NPBFX?
Alpari: standard.mt5, standard.mt4, ECN, PRO ECN. NPBFX: Master, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Alpari and NPBFX?
Alpari: Perfect Money, VLoad, Volet, WebMoney, Касса24, Neteller, Wallet One, Skrill, TC Pay, Swift, Visa, Mastercard. NPBFX: WebMoney, Qiwi, YooMoney, Moneta.ru, FasaPay, Skrill, Neteller, Volet, Perfect Money, Payoma, Swift, SEPA, Visa, Mastercard, Maestro, Альфа Банк, Промсвязьбанк, Русский Стандарт, Faktura.ru, Почта Банк. Check method-specific fees/settlement times.
Which broker is safer — Alpari or NPBFX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
