Alpari Review

Want to see if Alpari is a legit broker? Is it safe to trade? It spread is high or low? How long to deposit or withdraw funds?

We provide answers to all the questions in this Alpari Review.

We checked all Alpari licenses and regulations to see if Alpari scam or safe. We compared Alpari fees, spread & commission from its live account to over 150 brokers, required time for deposit & withdrawal and many more findings all in this review.

What is Alpari

Alpari is a large Forex broker, operating since 1998 firstly in Russia and then expanded globally.

The company has many years of successful operation, however operates only under the license issued by offshore Belize, SVG and Mauritius.  

Alpari highlights

🗺️ Regulated in	SVG, Belize, Mauritius
🛡️ Is Alpari safe to trade	Yes and No
💵 EUR/USD spread	1.1 pips
🏦 Deposit	Bank Wire, Local transfers, Cards, e-wallets, Cryptocurrencies
💰 Minimum deposit	US$5
🏦 Withdrawal	Bank Wire, Local transfers, Cards, e-wallets, Cryptocurrencies
💻 Trading platform	MT4, MT5
💳 Trading markets	Forex, Commodities, Metals, Indices, Cryptos, Stocks
📈 Number of product	250+
📉 Live chat response	Instant and relevant answers

Regulation

License and Regulation are the keys to your fund security. We check two factors, what license broker carry with its background, and how are you protected in case things go wrong.

Is Alpari legit

Alpari takes its origin from Russia but its subsidiaries are solely based in offshore zones including SVG, Belize and recent expand to Mauritius.

Alpari licenses and status

Entity	Registered in	Regulator	License no.	Status
Alpari Limited	BVI	Financial Service Commission BVI (FSC BVI)	SIBA/L/14	Registered
Alpari Limited	SVG	Seychelles Financial Supervisory Authority (FSA)	20389 IBC 2012	Registered
EXINITY LIMITED	Mauritius	Cyprus Securities and Exchange Commission (CySEC)	266/15	Registered

Is Alpari safe

Alpari is considered safe and not safe at the same time.

Not safe because it holds only offshore licenses and regulations, however Alpari operates for many years and has good reputation, also Exinity Ltd in Mauritius is related to a popular and well-regulated FXTM broker.

We recommend doing your own research before you trade with Alpari.

Alpari compensation scheme

Entity	Compensation Amount	Negative Balance Protection
INSTANT TRADING EU LTD	€20,000	No
Instant Trading Ltd (BVI)	No compensation	No
Insta Global Ltd.	No compensation	No

Alpari does not fall under regulatory restrictions to provide negative balance protection or compensation. However, Alpari is a member of The Financial Commission a resolution dispute that provides coverage up to 20,000$ per complaint.

Markets and Products

At Alpari you can trade Forex and CFDs on Commodities, Indices, Stocks and Cryptocurrencies.

From the negative side instruments variety is rather very basic, only popular instruments are available.  

Forex

Markets	Instruments
Forex	48
Indices	22
Commodities	8
Bonds	–
Cryptocurrencies	4
Shares	10

Account types

Alpari has four account types Standard and ECN accounts with different pricing and execution models.

Islamic Accounts are available on request.

Login

Alpari operates several websites according to its subsidary, each enity has its Login page to your account management area.

	Forex Standard Account, MT4	Forex Micro Account, MT4	Forex EC Account, MT4/MT5	Forex Pro Account, MT4
Minimum Deposit	100 USD, EUR, GBP	5 USD, EUR, GBP	500 USD, EUR, GBP	25,000 EUR, USD, GBP
Minimum Balance	–	–	–	25,000 EUR, USD, GBP
Spreads From	1.2 pips	1.7 pips	0.4 pips	0.4 pips
Commissions	Zero Commissions	Zero Commissions	1.5$ per side	Zero Commissions

My Alpari

Client Cabinet or My Alpari is your online account management area where you can deposit or withdraw funds, enable settings or close account.

Fees and commissions

We ranked Alpari fee levels as low based on its Live Account Spread and compared to 150 brokers in our database.

The spread we collected for popular instruments from 6 markets and over 150 brokers

Markets	Instruments	Low	Average	High
Forex	EUR/USD	0.1-0.9	1-1.5	1.6 or higher
Indices	US 500	0.1-0.4	0.5-1.4	1.5 or higher
Commodities	Gold	0.1-0.4	0.5-2	2.1 or higher
Stocks	Tesla	0.1-0.5	0.6-1	1.1 or higher
ETFs	US Russell 2000	0.1-0.4	0.5-1.4	1.5 or higher
Cryptocurrencies	Bitcoin	0.1-0.5%	0.6-0.9%	1% or higher

Spreads

Alpari fee structure is different in each account type.  

Standard account fees are all in spread and ECN costs are built into commission charge. ECN account we rank very competitive for its fees and low commission, and Standard account are also on a competitive low level compared to industry benchmarks.

Markets	Instruments	Standard	Other brokers’ avg spread
Forex	EUR/USD	1.1	1-1.5
Indices	US 500	1	0.5-1.4
Commodities	Gold	4	0.5-2
Stocks	Tesla	1	0.6-1
ETFs	US Russell 2000	–	0.5-1.4
Cryptocurrencies	Bitcoin	21.2	0.6-0.9%

Other Fees

Alpari has average non-trading fees. There is no fee for deposit, yet some withdrawal methods may add on commission charge.

Trading Conditions

Trading conditions at Alpari are good. You can deploy mostly all strategies including scalping, EAs, copy trading and hedging.

Trading Conditions	Yes/No
Hedging Allowed	Yes
Scalping Allowed	Yes
Change Leverage Allowed	Yes

For hedging, no time limitations for hedging positions.

For scalping, scalping strategies are not restricted, Alpari has VPS servers service, run of Expert Advisors (EAs) is with no limits.

Trading Leverage depending on the instrument you trade and goes up to 1:500.

Deposit

Alpari charges no deposit fees or comissions. You can use various account base currencies and use very large variety of deposit methods including  bank transfer, credit cards, numerous local transfers, Bitcoin, and e-payments.

Deposit Method	Funding Time	Fee
Bank Wire Transfer	Business day	0$
Credit / Debit Cards	Business day	0$
Neteller, Skrill	Instant	0$
Crypto Wallets	24h	0$
VLOAD	Instant	0$
Bitcoin	24h	0$
Perfect Money, Web Money	Instant	0$
FasaPay	Instant	0$
Indonesian Local Transfer	Instant	0$
TC Payment	Instant	0$
Mexican Local Transfer	Instant	0$
Latin American solutions via Skrill	1-2 business days	0$
Egypt Local Transfer	Instant	0$
Telepay Local Transfer	Instant	0$
Afghan Local Transfers	Instant	0$
Local Indian Solutions	1-2 business days	0$
PayR LATAM	1-2 business days	0$
South East Asia Online Banking	Instant	0$
Turkish Local Transfers	24h	0$
Local Exchange House	24h	0$
Latin American solutions	1-2 business days	0$
Nigeria Local Bank Wire Transfer	1 business days	0$
Nganluong (E-wallet & banking channel)	Instant	0$
GlobePay	Instant	0$
Iraq Local Transfers (SHAK)	24h	0$
Online Banking Thailand	Instant	0$
China Online Banking (P)	24h	0$

Minimum Deposit

The minimum deposit is different for each Alpari account type. Micro Account requires only 5$/€/£ and 100 $/€/£ for Standard account.

Withdrawal

Similar to deposits Alpari does not charge internal withdrawal fees, however local transfers will add on processing fee as defined by the payment provider. Bank Wire and cards withdrawals also adding fee, the only free options are e-wallets.

Alpari process withdrawals within 1 business days, plus the extra days to reach your account due to provider processings.

Withdrawal Method	Withdrawal Time	Fee
Bank Wire Transfer	24h	30 EUR
Credit / Debit Card	24h	2 EUR/ 3 USD/ 2 GBP
e-wallets, Neteller, Skrill	24h	Free
Local transfers	1-4 business days	Varies

Bonus

Alpari offers various bonuses, contests and promotions, proposals are different depending on Alpari subsidiary. As an example, at the time of writing Alpari International offers Cashback programs, and Alpari SVG offering deposit compensation and deposit bonuses.

Trading Platform

Alpari mainstays on MetaTrader industrypopular technology offering both MT4 and MT5 platformsavailable on Desktop, Mobile, WebTrader and Mobile App.

MT4

For thse traders who prefer to stay on popular MT4, Alpari MetaTrader4 supporting great range of languages and is enhanced with extra tools.

Research and Tools

Alpari research tools are mainly the one available on the platforms. Alpari has good and enhanced MT4 with extra tools like Forex Forecast, Trading Ideas, Copy Trading and PAMM trading.

On the negative side there is no Fundamental data or research from leading industry providers.  

Alpari research tools are available in:

• Trading platforms
• Copy Trading section on the website
• Learn section on the website

Education

Alpari education is well-organized and good quality.  

You can find various courses, videos, tutorials, trading articles and insights, Online Workshops, webinars in education section.

Demo

Demo accounts are on free use and available for all clients. Additional plus is there are Trading contest allowing to gain valuable prizes.

At Alpari you can learn though:

• Demo account
• Trading videos and tutorials
• Webinars, Online Workshops, Courses
• Educational articles
• Alpari Contests for international traders

Customer Service

Alpari customer service is good, the agents are responsive and quick speed, we had fast answer via the Live Chat.

You can contact Alpari 24/5 by:

• Live chat, Telegram
• Telephone and Call back
• Email

Alpari live chat is a quick speed available on website or platforms or via Telegram, agents are helpful

Question Asked	We asked about fee structure.
Time of Reply	We were connected to customer support Live Chat within few minutes on the website
Quality of Reply	The answer is informative.

Conclusion

Alpari has long year of operation and a solid reputation.

It is unfortunately not regulated by serious regulations like top-tier FCA, however broker has good standing and offers quality trading capabilities.

From additional good points we would note attractive fee structure and learning, from another gaps the instrument range is rather very basic.   

We would recommend to make your own research before signing with Alpari.