Broker comparison

Alpari vs NPB Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers Alpari and NPB Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
AlpariHigher ranked
Rating
3.9/5
Rank
#43
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Trading CFDs carries high risks. You may lose all invested funds

NPB Markets
Rating
4.2/5
Rank
#48
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 NPB Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Alpari ranks higher in the editorial ranking.
Alpari
Rating: 3.9/5Rank: #43
NPB Markets
Rating: 4.2/5Rank: #48

Alpari

Minimum deposit · USD
30 USD
Different platforms
  • MetaTrader 5
Different markets
None listed

NPB Markets

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
  • ETF

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Alpari and NPB Markets

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Overview: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Foundation Year19982016
Regulated in CountriesComorosComoros
Minimum Deposit
  • 30 EUR
  • 30 USD
  • 10 EUR
  • 500 RUB
  • 10 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
ReviewAlpari ReviewNPB Markets Review

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 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

  1. Wide selection of account types for different trading styles
  2. Support for MetaTrader platforms and binary options trading
  3. Convenient funding methods, including cards, Volet, and crypto

Cons

  1. Offshore-only regulation with no top-tier licenses
  2. Limited educational offering
  3. Narrower product and research ecosystem than stronger competitors

Alpari is in the top 10 of the following ratings:

NPB Markets Review

NPB Markets 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 ETF Cryptocurrency
Trading Platforms
MetaTrader 4
compare NPB Markets trading accounts

NPB Markets 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, NPB Markets provides quality service and can be used by most traders.

Pros and Cons of NPB Markets

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. Lack of alternatives to the MetaTrader 4 platform.
  2. Regulation in an offshore jurisdiction.

NPB Markets is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Reliability
3.5/5
3.2/5
Foundation Year19982016
Regulated in CountriesComorosComoros
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

  1. Founded in 1998
  2. Regulated by MISA

Cons

  1. Offshore-only regulation
  2. No top-tier licenses

NPB Markets

The broker has certain protective measures but is registered in offshore jurisdictions.

Pros

  1. Membership in The Financial Commission.
  2. Existence of a Compensation Fund.
  3. Regulation by multiple bodies.

Cons

  1. Registration in offshore jurisdictions.
  2. Lack of information on deposit insurance.

Account Opening

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Account Opening: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Account Opening
5/5
5/5
Minimum Deposit
  • 30 USD
  • 30 EUR
  • 10 USD
  • 10 EUR
  • 500 RUB

Alpari

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

NPB Markets

Opening an account with NPB Markets is straightforward, with a short registration form, clear verification requirements, and three base currencies.

Pros

  1. Simple registration.
  2. Clear document requirements.

Account Types

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Account Types: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Account Types
4.5/5
4.5/5
Trading Accounts
  • Micro
  • Standard
  • PRO ECN
  • Master
  • Zero
  • Expert
  • VIP
  • Standard Cent
Minimum Deposit
  • 30 USD
  • 30 EUR
  • 10 USD
  • 10 EUR
  • 500 RUB
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
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

  1. Accounts for different deposit levels
  2. Demo account available
  3. Low minimum deposit entry option

Cons

  1. No fixed spread accounts available
  2. Limited differentiation between account types

NPB Markets

The broker offers a wide range of accounts, meeting the needs of different traders.

Pros

  1. STP accounts
  2. Opportunity to copy trades of successful traders.
  3. Availability of cent accounts for beginners.

Cons

  1. No accounts with fixed spreads.

Commissions

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Commissions: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Commissions
3/5
4/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)1.71.2
Commissionper $1M turnover$25.00per 1 lot$4.00

Alpari

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

Pros

  1. Low transaction fee for ECN accounts

Cons

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

NPB Markets

NPB Markets offers average market spreads and swaps.

Pros

  1. No inactivity fee.
  2. No withdrawal fee.
  3. Cashback with up to 60% spread return

Cons

  1. Average spreads and swaps.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Rating
4/5
4.5/5
Account Funding Methods
  • Volet
  • Swift
  • Visa
  • Mastercard
  • WebMoney
  • Skrill
  • Neteller
  • Volet
  • Swift
  • SEPA
  • Visa
  • Mastercard

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

  1. Supports cards, Volet, and crypto
  2. Convenient mix of fiat and digital methods

Cons

  1. Limited choice of payment methods

NPB Markets

The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.

Pros

  1. Multiple deposit/withdrawal methods.
  2. No deposit fee.
  3. Commission compensation on the first withdrawal.

Cons

  1. Withdrawal processing time can be long.
  2. High commission of payment systems on withdrawal

Markets and Products

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Markets and Products: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Markets and Products
4.5/5
4/5
Forex4638
Precious Metals22
Energy Carriers33
Indices1211
Stocks63162
Cryptocurrency95
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.

NPB Markets

NPB Markets 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

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Trading Platforms: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4

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.

NPB Markets

NPB Markets platforms provide functionality and convenience for different categories of traders.

Pros

  1. Use of the popular MetaTrader 4 platform.
  2. NPB Invest trade copying service.

Cons

  1. Lack of alternatives to MT4

Analytics

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Analytics: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Rating
4/5
5/5

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

  1. Regular market news and analysis updates
  2. Economic calendar with forecasts, actual data, and event importance

Cons

  1. No clear evidence of advanced analytical tools
  2. Research offering looks more basic than premium

NPB Markets

NPB Markets offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.

Education

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Education: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Rating
2/5
4/5

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

  1. No visible structured educational content
  2. Lacks webinars, courses, and video tutorials

NPB Markets

The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.

Customer Support

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Customer Support: comparison of Alpari, NPB Markets
BrokerAlpariNPB Markets
Rating
3/5
5/5
Email Support
Hotline Phones
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.

NPB Markets

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 NPB Markets with other brokers

Conclusion

When choosing between Alpari and NPB Markets, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Alpari or NPB Markets?

Alpari ranks higher than NPB Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Alpari or NPB Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Alpari or NPB Markets?

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 NPB Markets?

Alpari: MetaTrader 5, MetaTrader 4. NPB Markets: MetaTrader 4. See the “Platforms” section for details and selection tips.

What markets can you trade with Alpari and NPB Markets?

Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. NPB Markets: 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 NPB Markets?

Alpari: Micro, Standard, PRO ECN. NPB Markets: Master, Zero, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Alpari and NPB Markets?

Alpari: Volet, Swift, Visa, Mastercard. NPB Markets: WebMoney, Skrill, Neteller, Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Alpari or NPB Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

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.