Alpari vs Plus500 Comparison
Plus500We 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 Plus500
| Broker | Alpari | Plus500 |
|---|---|---|
| Rating | 4.1/5 | 4.3/5 |
| Foundation Year | 1998 | 2007 |
| Regulated in Countries | Comoros, Belarus | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:3000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | Plus500 Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
Plus500 is a robust choice for seasoned traders who appreciate a variety of trading CFDs and advanced analytical capabilities.
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:
Plus500 Review
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | Plus500 |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 1998 | 2007 |
| Regulated in Countries | Comoros, Belarus | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Regulators | MISA MISA НБ РБ НБ РБ | CySEC CySEC FCA FCA ASIC ASIC NZ FMA NZ FMA FSCA FSCA SFSA SFSA EFSA EFSA MAS MAS CFTC CFTC NFA NFA |
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.
Plus500
Plus500 is registered and regulated in several jurisdictions by authoritative bodies. This means that the broker is required to adhere to strict financial standards and provide regular reports on its activities to regulators.
Account Opening
| Broker | Alpari | Plus500 |
|---|---|---|
| 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.
Plus500
Opening an account with Plus500 is straightforward due to its fast registration and low minimum deposit. Beginners should use the demo account and Trading Academy to learn before real trading.
Account Types
| Broker | Alpari | Plus500 |
|---|---|---|
| Account Types | 4.8/5 | 2/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:3000 | 1:30 |
| 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
Plus500
The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.
Commissions
| Broker | Alpari | Plus500 |
|---|---|---|
| Commissions | 3.2/5 | 3.5/5 |
| Spread | from 0 points | from 0.6 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
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account fee.
Deposit and Withdrawal
| Broker | Alpari | Plus500 |
|---|---|---|
| Rating | 5/5 | 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.
Plus500
Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.
Pros
- Wide selection of payment systems.
- No commission for depositing and withdrawing.
Markets and Products
| Broker | Alpari | Plus500 |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 46 | 65 |
| Precious Metals | 2 | 5 |
| Energy Carriers | 3 | 7 |
| Indices | 12 | 36 |
| Stocks | 631 | 1550 |
| Cryptocurrency | 9 | - |
| Soft Commodities | - | 10 |
| ETF | - | 96 |
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.
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
Trading Platforms
| Broker | Alpari | Plus500 |
|---|---|---|
| Rating | 5/5 | 4.2/5 |
| 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.
Plus500
Plus500 offers an efficient, user-friendly platform, however, there is no choice between platforms.
Pros
- Proprietary platform
- Available on mobile devices.
Cons
- No choice between platforms.
Analytics
| Broker | Alpari | Plus500 |
|---|---|---|
| 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.
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
Education
| Broker | Alpari | Plus500 |
|---|---|---|
| Rating | 2/5 | 5/5 |
Alpari
No educational materials in English.
Plus500
Plus500 offers its users quality training through webinars, interactive materials and e-books. This allows traders to gain comprehensive knowledge for a successful start and effective trading.
Pros
- Quality and detailed video lessons
- Free webinars from independent experts
- Interactive guides and e-books
Customer Support
| Broker | Alpari | Plus500 |
|---|---|---|
| Rating | 3/5 | 3.7/5 |
| Email Support |
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| Hotline Phones |
| — |
| Social Media |
YouTube
Telegram
Дзен
Facebook
Twitter
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.
Plus500
The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.
Pros
- Support in many languages.
- Operates around the clock.
Cons
- Lack of direct communication channels (e.g., telephone).
- Potential delays in responses due to limited communication channels.
