Broker comparison

Alpari vs Plus500 Comparison

Compare trading conditions, commissions and platforms of Forex brokers Alpari and Plus500. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Alpari
Rating
3.9/5
Rank
#57
Register

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

Plus500Higher ranked
Rating
4.3/5
Rank
#23
Register

80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

  • 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 Plus500?

Our pick: Plus500

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Plus500 looks preferable to Alpari.

Plus500 scored 4.3/5 and ranks 23 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 Plus500 suitable for?

Plus500 is a robust choice for seasoned traders who appreciate a variety of trading CFDs and advanced analytical capabilities.

Comparison Table of Alpari and Plus500

BrokerAlpariPlus500
Rating
3.9/5
4.3/5
Foundation Year19982008
Regulated in CountriesComorosCyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States
Minimum Deposit
  • 30 EUR
  • 30 USD
  • 100 AUD
  • 100 CAD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 1000 NOK
  • 1000 SEK
  • 100 SGD
  • 100 USD
Spreadfrom 0 pointsfrom 0.6 points
Max Leverage1:10001:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • WebTrader
ReviewAlpari ReviewPlus500 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:

Plus500 Review

Plus500 Logo
Register80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Countries of registration:
Regulators:
Trading Assets (CFDs)
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF
Trading Platforms
WebTrader
compare Plus500 trading accounts

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

  1. Intuitive CFD trading platform.
  2. 24/7 support.
  3. Built-in analytics.
  4. Diversity of trading assets.

Cons

  1. Limited channels for communication with technical support.
  2. Limited choice of trading accounts.

Plus500 is in the top 10 of the following ratings:

Reliability

BrokerAlpariPlus500
Reliability
3.5/5
5/5
Foundation Year19982008
Regulated in CountriesComorosCyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States
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

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

BrokerAlpariPlus500
Account Opening
5/5
5/5
Minimum Deposit
  • 30 USD
  • 30 EUR
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 AUD
  • 100 CAD
  • 100 SGD
  • 1000 NOK
  • 1000 SEK

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

BrokerAlpariPlus500
Account Types
4.5/5
2/5
Trading Accounts
  • Micro
  • Standard
  • PRO ECN
  • Plus500
Minimum Deposit
  • 30 USD
  • 30 EUR
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 AUD
  • 100 CAD
  • 100 SGD
  • 1000 NOK
  • 1000 SEK
Spreadfrom 0 pointsfrom 0.6 points
Max Leverage1:10001:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • WebTrader
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

Plus500

The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.

Commissions

BrokerAlpariPlus500
Commissions
3/5
3.5/5
Spreadfrom 0 pointsfrom 0.6 points
Average Spread (EURUSD)1.71.2
Commissionper $1M turnover$25.00

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

Plus500

Plus500 offers clients market average trading commissions.

Pros

  1. No commission for deposit or withdrawal.

Cons

  1. Inactivity account fee.

Deposit and Withdrawal

BrokerAlpariPlus500
Rating
4/5
5/5
Account Funding Methods
  • Volet
  • Swift
  • Visa
  • Mastercard
  • PayPal
  • Skrill
  • Bank Transfer
  • 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

Plus500

Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.

Pros

  1. Wide selection of payment systems.
  2. No commission for depositing and withdrawing.

Markets and Products

BrokerAlpariPlus500
Markets and Products
4.5/5
5/5
Forex4665
Precious Metals25
Energy Carriers37
Indices1236
Stocks6311550
Cryptocurrency9-
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

BrokerAlpariPlus500
Rating
5/5
4.2/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • WebTrader

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

  1. Proprietary platform
  2. Available on mobile devices.

Cons

  1. No choice between platforms.

Analytics

BrokerAlpariPlus500
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

Plus500

Plus500 offers good analytical tools and useful services.

Pros

  1. Insights+
  2. ESG scoring
  3. Convenient risk management tools

Education

BrokerAlpariPlus500
Rating
2/5
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

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

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

  1. Quality and detailed video lessons
  2. Free webinars from independent experts
  3. Interactive guides and e-books

Customer Support

BrokerAlpariPlus500
Rating
3/5
3.7/5
Email Support
  • support@alpari.im
  • support@plus500.com
Hotline Phones
  • +44 2031 29-37-99
  • 8 800 200 01 31
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.

Plus500

The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.

Pros

  1. Support in many languages.
  2. Operates around the clock.

Cons

  1. Lack of direct communication channels (e.g., telephone).
  2. Potential delays in responses due to limited communication channels.

Comparisons of Alpari and Plus500 with other brokers

Conclusion

Plus500 stands out as the better overall pick, while Alpari trails on aggregate criteria.

Plus500 scored 4.3/5 and ranks 23 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 Plus500?

Plus500 comes out ahead by overall rank (score 4.3/5, position 23) versus Alpari (score 3.9/5, position 57).

Which broker is better for beginners: Alpari or Plus500?

Plus500 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 Plus500?

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 Plus500?

Alpari: MetaTrader 5, MetaTrader 4. Plus500: WebTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with Alpari and Plus500?

Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Plus500: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF. Full lists and differences are in the “Markets” section.

What account types are offered by Alpari and Plus500?

Alpari: Micro, Standard, PRO ECN. Plus500: Plus500. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Alpari and Plus500?

Alpari: Volet, Swift, Visa, Mastercard. Plus500: PayPal, Skrill, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Alpari or Plus500 — 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.