Alpari Review 2024 - Is Legit or Scam | Forexing.com (2024)

Description General Information Trading Preference Payment Options Trading Features Trading Instruments Promotion Support Contact Information User Feedback

Alpari General Information

👤 Broker Name : Alpari
🏣 Company Name : Alpari Limited
📅 Foundation Year : 1998
✅ Regulated by : FSC
🏢 Headquarters : Russian Federation
📉 Broker Type : STP/ECN

💵 Alpari Minimum Deposit :

0 USD
💹 Maximum Leverage : 1:1000
💱 Base Currency : USD, EUR, RUR, GLD
🇺🇸 US Traders :

Our Alpari Review

Alpari International is a Forex brokerage firm whose parent company, Exinity Limited is registered with the Financial Services Commission (FSC) of Mauritius. The broker offers a catalogue of over 250 tradable financial products.

These financial assets include currencies, stocks, indices, and even cryptocurrencies. The aim of this guide is to highlight essential details about the brokerage firm so that you will be able to decide if it is the best for your trading needs.

Alpari Review 2024 - Is Legit or Scam | Forexing.com (1)

Alpari Regulatory Status

Table of Contents

Alpari is a registered broker. Its parent company is licensed by the Financial Services Commission (FSC) of the Republic of Mauritius. Although it is not publicly traded like some other brokerage firms like IG Group and FXCM Inc., Alpari offers reasonable investors’ protection and coverage nevertheless.

For example, the company adheres to the standard practice of segregating clients’ funds. As a result, Alpari itself does not have access to the funds of its clients. This type of arrangement ensures that the risk of clients’ funds mismanagement is eliminated.

What is more, is that Alpari also offers its clients the benefit of negative balance protection. That is, no matter how many losing trades you have as a client of Alpari, you cannot lose money beyond your deposited amount.

Alpari Trading Conditions

Alpari has top-notch trading conditions. First, the broker supports both the MetaTrader 4 and MetaTrader 5 trading platforms and offers both to its clients. These are industry-standard trading platforms which have gained the acceptance of millions of traders across the world. They are available in both web and mobile forms.

Alpari’s catalogue of over 250 tradable products is indeed a comprehensive one. These products range from currency, stocks, precious metals, and indices to cryptocurrencies. Moreover, interestingly, when you use Alpari, your trades will be routed directly to the interbank market via its Straight Through Processing (STP) protocol.

Alpari also has a social trading program. This program enables traders to copy the trades of expert and profitable traders who have a proven track record of success. If you are a newbie trader especially, you can use this arrangement to minimise your losses, optimise your gains, and learn along the way.

Alpari’s trading costs and leverage offerings vary with account types. For example, the broker charges commission only on ECN MT4/5 accounts. However, the maximum leverage floating on Standard MT4 and ECN MT4/5 is 1:1000 while for the Micro MT4 and ProMT4 account types, it is 1:400 and 1:300 respectively.

Alpari Deposit and Withdrawal

Alpari provides its clients with a wide array of methods for depositing and withdrawing their funds. The broker supports:

  • E-wallets such as WebMoney, Perfect Money, Bitcoin, Neteller and Skrill
  • Credit and Debit cards (Visa and MasterCard)
  • Wire Transfer, and more

These provisions ensure that no matter your desired method, you will find a fit. However, you should note that as stipulated by standards, your deposit method must be the same as your method of withdrawal.

Customer Support

Alpari has a 24/7 customer support service. The multi-lingual service is provided via email, live chat and social media. The live chat is available 24/5 from Monday to Friday and on Saturday and Sunday within some defined hours.

However, on a final note, Alpari has its weaknesses, too. The broker does not offer much in the way of research and analysis tools and in educating its clients. Hence, before you open an account, you should have this in mind.

Trading Preference

💰 Minimum Spreads :
🎮 Demo Account :
📒 Mini Account :
📒 Standard Account :
✨ VIP Account :
📒 Premium Account :
📒 Segregated Account :
☪️ Islamic Account :
📒 Managed Account :
📒 Pamm Account :
📒 Affiliate Account :

Payment Options

💳 Deposit Methods : Credit Card, FasaPay, Neteller, OKPay, Skrill, Webmoney, Wire Transfer
💳 Withdrawal Methods : Credit Card, FasaPay, Neteller, OKPay, Skrill, Webmoney, Wire Transfer

Trading Features

📊 Trading Platforms : MetaTrader 4, MetaTrader 5, BinaryTrader
💰 Fixed Spreads :
📈 Commission on Trades :
📈 Hedging :
📈 Scalping :
📈 Automatic Trading :
📱 Mobile Trading :
💻 Web Trading :
🚥 Signals :
📪 VPS Services :
📧 Email Alert :

Trading Instruments

📊 Forex/Currencies :
📊 Commodities :
📊 CFDs :
📊 Indices :
📊 ETFs :
📊 Stocks :
📊 Crypto Currency :

Promotion

🎁 No Deposit Bonus :
🎁 Deposit Bonus :
🏆 Contest :
🚀 Other's Promotion :

Get Latest Alpari Promotion

Bonus

Info

Action

Alpari » Formula FX Weekly Contest, Fund $40,500

Available For : All ClientsValidity Date : 2022-12-31

Get Bonus

Alpari » Virtual Reality Forex Competition

Available For : All ClientsValidity Date : 2022-12-31

Get Bonus

Alpari » 30% Extra Trading Bonus

Available For : All ClientsValidity Date : 2021-12-31

Get Bonus

Support

👥 24-Hours Support :
👥 Support During Weekends :
🌐 Web Form :
💬 Live Chat :
🤙 Call-Back :
✔️ Support Language : Chinese, English, Hindi, Indonesian, Russian

Contact Information

🌐 Website : www.alpari.com
📧 E-mail : [emailprotected]
☎️ Telephone : +44 8449 869559
📠 Fax : No
📮 Address : Cedar Hill Crest, Villa, Kingstown VC0100, Saint Vincent and the Grenadines, West Indies

User Feedback

3 Reviews

Add Your Review

  1. Alpari Review 2024 - Is Legit or Scam | Forexing.com (2)

    Vadim B

    September 21, 2020 at 5:57 am

    Very good and honest Brokerage!I have been working with them already 3 years!Real conditions,fast support,no-problems with deposit-withdrawal.Besides very wide PAMM service.The only one thing-not very narrow spreads at majors.But at all its very good!

    Reply

  2. Alpari Review 2024 - Is Legit or Scam | Forexing.com (3)

    David Miller Perkins

    October 2, 2020 at 7:22 am

    Good services, but their withdraw politics is quite slow and inefficient for trader. Good, but not best.

    Reply

  3. Alpari Review 2024 - Is Legit or Scam | Forexing.com (4)

    Eluwa James chinonyerem

    July 23, 2021 at 11:27 pm

    There are problems to withdrow money.

    Reply

Leave a Reply

Alpari Review 2024 - Is Legit or Scam | Forexing.com (2024)

FAQs

What is the trust score for Alpari? ›

Alpari has a Trust Score of 68, compared to the industry average of 83, and BrokerNotes.co considers Alpari to be High Risk.

Is Alpari broker regulated? ›

Alpari International is regulated and licensed by the Financial Services Commission of Mauritius, license number C113012295 Code FS-4.1, Code SEC-2.1B. We only work with reputable financial institutions and liquidity providers, and follow strict anti-money laundering procedures.

How do I withdraw from Alpari? ›

How can I withdraw funds from my account? On myAlpari, go to the 'My Money' section and then select the Withdraw page. Here, choose which payment method you prefer and click 'Withdraw'.

Where is Alpari broker located? ›

Headquarters. The brand's headquarters are located in the Comoros. Alpari (Comoros) Ltd is registered in Fomboni, Island of Mohéli, Comoros Union, number HY00423015 and licensed by the Mwali International Services Authority, Island of Mohéli as an International Brokerage and Clearing House under license number T2023236 ...

Is Alpari a reliable site? ›

Editor's Verdict. Alpari is a well-known and trusted broker with an ultra-competitive cost structure, MT4/MT5 trading platforms, and PAMM accounts with a low minimum investment of $50. Autochartist upgrades the trading experience, while 13 payment processors ensure traders have options, including localized ones.

What is the maximum withdrawal from Alpari? ›

The maximum limit of 25,000 USD/EUR/GBP is per client, per month. If you're withdrawing Bitcoin, they need to be returned to the same Bitcoin wallet that was used to make the deposit.

Is Alpari broker safe? ›

Alpari International adheres to a tight regulatory framework. All our clients' funds are kept in segregated accounts in banks. This means that all accounts and investments are safe and secure.

Does Alpari accept US clients? ›

Alpari group accepts clients from all over the world, excluding USA, Canada, United Kingdom, European Union, Australia, Japan, North Korea, Iran, Syria, Sudan and Cuba.

What is the minimum withdrawal from Alpari? ›

Alpari's conversion rates are updated daily. There is no minimum withdrawal amount per transaction. The maximum withdrawal amount is 10,000 USD (or the equivalent – see the table above for supported currencies) per transaction.

What is Alpari minimum deposit? ›

Minimum deposit. $/€/£ 5, ₦1 000.

How do I deposit money into Alpari? ›

How to deposit funds to your Alpari International account. Log in to MyAlpari and select 'Deposit funds' from the top menu. Choose which bank you would like to deposit from and complete the rest of the Fund Deposit form.

How do I deposit Alpari? ›

On myAlpari, go to the My Money section, and then select the Deposits page. Select what your preferred deposit is before clicking 'Deposit'. Choose the myAlpari account or wallet that you would like to deposit your funds into and then fill in the required fields. On the next page, confirm your deposit details.

Which countries are restricted for Alpari? ›

Regional restrictions: Alpari International does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Russia, Ukraine, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, European Union and United Kingdom.

How old is Alpari? ›

Alpari was founded in 1998 and is one of the world's leading Forex brokers, offering clients a full package of the most modern financial instruments and technological solutions for online trading and investment.

What is the dormant fee for Alpari? ›

If there's been no trading activity on your account for at least 6 months, an inactivity fee of 5 EUR/ USD/ GBP will be applied. In case of no trading activity, or if any form of abuse is found relating to the reimbursem*nt policy, Alpari International reserves the right to reclaim any reimbursem*nt fees.

How is trust score calculated? ›

Defining User Trust Score

This score is often calculated based on factors such as user behavior, website security, content quality, customer reviews, social media engagement, website speed and performance, and other relevant variables specific to the platform.

What is the trust score metric? ›

Trust scores measure the agreement between the classifier and a modified nearest neighbor classifier on the predicted instances. The trust score is the ratio between the distance of the instance to the nearest class different from the predicted class and the distance to the predicted class.

What is the trust score for TMGM? ›

Is TMGM safe? TMGM is considered Trusted, with an overall Trust Score of 83 out of 99. TMGM is not publicly traded and does not operate a bank. TMGM is authorised by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulator (High Risk).

Top Articles
Latest Posts
Article information

Author: Tuan Roob DDS

Last Updated:

Views: 6627

Rating: 4.1 / 5 (42 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Tuan Roob DDS

Birthday: 1999-11-20

Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

Phone: +9617721773649

Job: Marketing Producer

Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.