Alpari (international) review and test – a good forex broker or not?

Is Alpari a scam or a good Forex Broker or not? – We will find out in this review. Alpari is a well-known brand for online trading and exists for many years. With more than years of experience in investing and financial trading, we will test this Forex Broker. In the next section you will get a professional overview of the conditions, trading platform, and service for Alpari clients. Is it really worth investing money in this company? – Find out in our trusted review.

Official Alpari website
Official Alpari website
Alpari International logo
REVIEW:4.8 out of 5 stars (4.8 / 5)
ASSETS:250+, Forex, Commodities, Stocks, Indices, Crypto
PLATFORM:MetaTrader 4 & 5
SUPPORT:24 hours Monday – Friday

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)

What is Alpari? – The forex broker presented

Alpari is an online broker of forex trading services. They allow traders to access a wide range of instruments across multiple markets, such as currencies, indices, and commodities. For traders interested in cryptocurrencies such as Bitcoin, Alpari offers Cryptocurrency CFDs.

Alpari is one of the most popular brokers for international traders and is present throughout the world with various branches. It is a broker of Russian origin that has developed globally, distinguishing itself for the service of high professionalism, and belongs to the Alpari Group (link Wikipedia). The strength of this broker is the continuous technological innovation of the servers that offer trading services, which make the platforms particularly suitable for those who do scalping and automatic trading through the MetaTrader.

Andrey Dashin the owner of Alpari
Andrey Dashin the owner of Alpari

To open a real account, you will need a minimum deposit of at least $/€/£ 5. Alpari also offers a demo account that you can use to practice and become familiar with their platform. Alpari places all client funds in a segregated bank account and uses tier 1 banks for this purpose. Alpari has been established in 1998 and is headquartered in St. Vincent and the Grenadines. For the international brand and regulation, the headquarter is on the 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius.

Facts about the Alpari Group: 

  • Founded in 1998 in Russia
  • International online broker which offers leveraged financial products (forex & CFDs)
  • Over 2 million clients
  • 8 global offices around the world
  • Start trading with only $/€/£ 5

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,500+ markets
Live account from $ 20:

(Risk warning: 79% of retail CFD accounts lose money)

Trading offers: Review of the conditions for traders

Alpari welcomes both beginners and advanced traders. It offers different types of accounts to satisfy all trader profiles. First of all, new traders can start with a free demo account on the site, while more advanced traders can choose between a Micro account, Classic, Pro, and an ECN account.

The minimum deposit on the site is $/€/£ 5, and the Forex Broker does not offer a regular bonus. It does, however, benefit from very tight spreads, which rise in the 0.4 pips for the EUR/USD. The assets available on the portal include around fifty currency pairs, stock market indices, as well as commodities, and metals. The minimum trade is 1,000 micro-lots. In terms of leverage, Alpari can bid up to 1,000 times its available capital (leverage), depending on the account held by the trader.

Alpari example spreads and information about currencies
Alpari example spreads information about currencies

All trading techniques such as scalping, hedging, rollover, and trailing stop are possible on the platform. Alpari exclusively offers MetaTrader 4 and MetaTrader 5 for trading. Apps for iOS and Android are also available for those who want to trade on mobile. For trading aids, practical guides analyze, but also a direct support team is available to members. Video tutorials are published on the site for those who are new to stock market speculation.

Facts and figures about the Alpari Internation rating:

  • No Dealing Desk (NDD) and ECN Trading
  • Free demo account for practice
  • $/€/£ 5 minimum deposit
  • MetaTrader 4 and 5
  • 250+ different assets like forex, crypto, stocks, and more
  • Copy Trading
  • Starting 0.4 pips variable
  • Bonus and cashback program

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)

Test of the Alpari trading platform

A free demo account allows traders to familiarize themselves with the trading platform of the Forex Broker and to test it with all the features thoroughly. Alpari offers this possibility, as well. Traders can use the Alpari demo account to participate in real-time pricing on the international exchanges, thus testing tactics and strategies comprehensively. During our Alpari test, however, there were no occasional delays, requotes, and slippage.

MetaTrader 5
MetaTrader 5

On the positive side, Alpari provides both the MetaTrader 4 and the MetaTrader 5 via the demo account so that the software can be thoroughly tested. When registering, it should be absolutely stated that you do not want any advertising calls. The demo account is set up with a certain amount of play money. If this is used up, the demo account can be recharged via email to support. Thus, the test account can be used indefinitely in combination with the real-time account.

Facts about the trading platforms: 

  • MetaTrader 4 and 5 are available
  • Fast execution and high liquidity
  • Customizable indicators and tools for analysis
  • Available for any device
  • Automated trading, hedging, and more
MetaTrader 4 analysis
MetaTrader 4 analysis

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)

Analysis and charting for successful trading

Every online broker thrives to give their traders the best of their services, some of which go the extra mile in providing additional educational tools and materials for its traders. Alpari is one of such brokers. Alpari is one platform that offers resources and tools to hone your trading skills and has a number of these resources that are mainly geared to newbie traders. The intermediate or advanced traders are not left out as there are also tools they can use. Let’s have a look.

Alpari Trading Analysis
Alpari Trading Analysis

Forex market reviews

These are regarded as research works published every day. They consist of a number of videos and also written reviews. These seem quite explanatory as the people who made these have an understanding of what they are talking about. The videos can be an advantage as you can play them in the background while conducting your analysis.

Fundamental analysis

Bear in mind that to become successful as a trader, you would need the practical tools that aid you in conducting your fundamental analysis. Alpari, for example, has in-store a lot of information and news sources as regards their fundamental analysis. Some of which include the following:

  • Economic Calendar: Forex calendars ensure you are informed of the most relevant upcoming economic news. This way, you have a better advantage to either reduce the level of risks on the way or prepare and plan event-driven trading.
  • Holiday Schedule: As much as it is vital to know when relevant economic news will be released, it is also as important to know when national holidays come up. At this time, no country-specific indices would trade hence influencing the liquidity of Forex markets on a worldwide scale.
  • Global Interest Rates: Two major factors come into play in the Forex market; these are the relative difference of a country as well as its specific interest rates, which helps you make a well-detailed deduction of these global rates.
Fundamental Analysis
Fundamental Analysis

As much as the tools listed above will be of great benefit to you on a fundamental level, Alpari also provides specialized tools for those who need help from a technical analysis perspective.

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)


Autochartist to date remains one of the most efficient technical analyses of web apps and MT5 plugins. By trading with Alpari, you get access to the app as well as the plugin.

This web application is responsible for automatically scanning and observing the market, consisting of all essential levels as well. As a result of this, it aids in predicting very likely events. This tool can be used as a significant advantage to either augment your usual analysis or improve upon a new set of strategies.

Alpari Autochartist
Alpari Autochartist

Using the MT5 plugin helps you clearly outline your parameters, and then the plugins will be responsible for notifying you when vital levels are broken. Also, you have the liberty to run it simultaneously over a wide range of different markets. The Autochartist app and plugin have been built for the ease of newbie traders to improve upon new strategies as they are quite intuitive to use. A number of online resources and guides can help better understand how to use this tool.

Also, the MetaTrader includes: 

  • Free access to indicators
  • Drawing tools
  • Multi charting
  • One-click trading
  • Professional portfolio management
  • Insert extern tools or programs

Mobile trading with Alpari (App for any devices)

Alpari iPhone MetaTrader 5 app

Today, mobile trading is very important for most traders. Even with your smartphone Alpari Internation will give you access to more than 250 markets directly. The advantage of mobile trading is that you can check or manage your trading portfolio 24 hours per day.

The MetaTrader 4 and 5 software is available for any device and you can log in with your trading account details. You only need one account for the software. Furthermore, you get access to the same tools as in the desktop version. It is possible to do a professional analysis with your mobile device.

Characteristics of mobile trading (app):

  • Download the MetaTrader app for android or iOS
  • One account for any device
  • Manage your portfolio 24 hours per day
  • React to political or economic events
  • Fast execution and secure handling
  • Get access to analysis tools

How to open your account with Alpari:  

The opening of an Alpari trading account takes place in several steps. Particular attention should be paid to the choice of account type which we will discuss in the next section. Keep in mind that depending on the type of trading account, you are granted a corresponding range of functions. While making a Micro account is enough to make a deposit of $ 5, you can not access all financial products and are limited in some ways, such as the maximum number of open positions.

The pro account, on the other hand, gives you unrestricted access to all trading products and features but requires an account size of at least $ 10,000. It’sIt’s best to think in advance about what you expect from your Alpari account and what you can do with it.

Registration for Alpari
Registration for Alpari

Opening an account requires that you take the necessary steps such as filling in your personal information like address, proof of identity, and so on. Once these steps have been taken, you can go directly into trading. It’sIt’s even faster if you first want to open a demo account. The full name, the email address, and the telephone number are sufficient. The mail with the access data comes in seconds and also contains the download link for the Alpari MT4 and MT5. After installation, you can log in directly and start trading immediately.

Start live trading with Alpari in a few steps:

  1. Sign up with the registration form
  2. Connect your email address and phone number
  3. Answer the broker’s questions
  4. Upload the documents for live trading
  5. Enjoy trading

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,500+ markets
Live account from $ 20:

(Risk warning: 79% of retail CFD accounts lose money)

How to deposit money on Alpari

To deposit money into the trading account, Alpari offers different payment options. In addition to the classic credit card and bank transfer, fast payments are also possible via the digital payment system Neteller and Skrill. These offer the advantage that the deposited amount is immediately available on the trading account.

Another variant is the deposit by check or cryptocurrencies. However, it can take up to 7 working days before the money is booked into the customer’s account and it is depending on the method. Very interesting is also the possibility to transfer money from another broker directly to the Alpari trading account.alpari deposit and withdrawal methods

Example of the Alpari deposit and withdrawal methods


Alpari does not charge any fees for the deposit and also some withdrawal methods are without fees.

How to withdraw money

Like the deposit process, the withdrawal process is very easy. Keep in mind that your account has to be fully verified in order to do a withdrawal. You can use the same methods as deposit methods. The duration of a payment is depending on your payment method. It can take up from 1 – to 3 days until the money is processed and arrived.

For a lot of payment methods, there are not any fees for withdrawing money. Especially e-wallets are for free. A normal bank transfer can cost about 30 dollars a percentage of the amount. Overall, we can recommend Alpari because of its huge variety of payment methods.

Popular payment methods: 

  • Bank wire transfer (international and local)
  • Bitcoin
  • E-Wallets (Neteller, Skrill, WebMoney, Perfect money, VLOAD, and more)
  • Credit Cards (VISA, Mastercard, Maestro)

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)

Alpari fees: How much does it cost to trade?

In the trading world, the fees and spreads are major determining factors of your profitability rate, especially when trading with such high degrees of leverage.

Trading fees:

Alpari charges no trading fees except the spread and the commission on the assets with which you are trading. This spread is the one found between the bid and the offer in the order books. These spreads will depend on the account you open. Here is the list of the minimum spreads you obtain for every account you open.

Inactivity fee:

If you stop trading for more than 6 months or more, Alpari International will charge an inactivity fee of $/€/£ 5. The fee is not charged if you trade with the demo account or your trading balance is 0.

Review of the customer support and service

Alpari International supports a wide range of languages, including English, Russian, Chinese, Arabic, Indonesian, Hindi, and Spanish. The company will support you entirely by phone, email, or live chat. It will always be easy to contact a courteous and experienced professional on one of these channels, from Monday to Friday, from 9 am to 6 pm (EST).

In addition to the classic demo account, you can learn to trade forex with risk-free virtual money. Alpari offers an extensive training section for beginners, the Alpari Academy, where you can find answers to frequently asked questions, quality video tutorials, and web broadcasts. Furthermore, there are live webinars in different languages.

Alpari specialized analytical services
Alpari specialized analytical services

Another appreciation must be made of the tools made available by Alpari, perhaps among the most useful that can be had. Alpari Squawk provides audio commentary on the market. That includes the Central Trading delivers market analysis, a Trader Calculator that allows you to see your positions, understand the margins and analyze any open positions you want to open so that you can follow all the risks in advance.

Facts about the support:

  • Supports more than 5 different languages
  • Phone, email, and chat service
  • Daily analysis
  • Trading tutorials  and strategies for beginners
  • Webinars or live coachings
  • Reliable and professional support team
Phone, chat, emailMoney – Friday 24 hours, Saturday: 11:00 – 16:00,
Sunday: 12:00 – 20:00
Exinity Limited
5th Floor, 355 NEX Tower,
Rue du Savoir, Cybercity,
Ebene 72201,
+442 080 896 850, [email protected]

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)

Review conclusion: Alpari is a reliable forex broker for traders

If you are a determined investor with a budget to invest so that you can afford the PRO account, Alpari is probably the best Forex Broker you can choose as it puts you in direct communication with the market (ECN) and holds meager commissions.

From our experience, Alpari International is safe, reliable, and properly regulated. It has sufficient capital to support its customers, offers a series of web-based, desktop, and mobile trading platforms, and finally provides high-value tools and quality training to help beginners and experts — a great partner for serious investors.

Since 1998 the company shows us trust because of different regulations. It is a multi-awarded broker that sponsors also sports teams. In conclusion, we can recommend Alpari International for forex and CFD trading.  

Expert tip:

To avoid losses in the event of a bankruptcy of the broker, traders should pay attention to the security aspects of the provider before the registration and deposit of funds. A traceable regulation and deposit insurance should be the basis that the broker provides for its clients.

Advantages of Alpari: 

  • Forex Broker since 1998
  • Multi regulated group
  • Free demo account
  • Small minimum deposit
  • Different account types
  • MetaTrader 4 and 5
  • A lot of different payment methods
  • More than 250 assets
  • NDD and ECN execution (No conflict of interest)

Alpari Review

Overview and test of Alpari

Trusted Broker Reviews

Trading offers
Customer support


Alpari is a great Forex broker that has been on the market since 1998. The minimum deposit is small and there are more than 250 assets. Therefore, we can highly recommend this Forex broker.


Alpari is a reputable forex broker which knows to treat its clients well. 4.8 out of 5 stars (4.8 / 5)

Trusted Broker Reviews Logo

Trusted Broker Reviews

Experienced and professional traders since 2013

Trade from 0.0 pips over 3,500 markets without commissions and professional platforms:

(Risk warning: 79% of retail CFD accounts lose money)

FAQs: The most asked questions about Alpari:

Does Alpari impose a transaction fee?

Commissions are exclusively charged to the ECN (Metatrader 4) and ECN (MetaTrader5) accounts. ECN Accounts (MT4): A fee of 4 units of the main currencies and the exchange rate to the trade user’s account denomination is levied (if applicable).

Is Alpari a trustworthy brokerage?

Altogether, Alpari can be described as a reliable and reputable brokerage with very reasonable trading costs (against renowned currency pairings). The spread is also quite modest, making this a low-risk investing scenario. Alpari has a reliability rating of 91 out of 100.

Is it possible to trade Bitcoin on Alpari?

Dear Customers, in only a couple of years, cryptos have earned formal legal currency status and positioned themselves as financial assets, establishing fresh price benchmarks on the way. Alpari does allow you to trade cryptos but in the form of CFDs.

How can I fund my Alpari account?

Navigate to the My Money area of myAlpari and proceed to the Deposit section. Before choosing ‘Deposit,’ choose your chosen deposit amount. Next, fill up the appropriate sections after selecting the myAlpari profile or wallets into which you want to transfer cash. Finally, validate your payment information on the following screen.

See other articles about online brokers:

Last Updated on January 27, 2023 by Arkady Müller