Reviews | Review of ETH Profit Review

Alpari Review 2024

Alpari Logo



General Information

Broker name


Broker type

Forex and CFD’s


Island of Mohéli, Comoros Union

Operating since year



Financial Services Commission of Mauritius

Broker status


Customer Service


+44 20 3734 1025







The trading platforms


Demo account


Mobile trading


The trading platforms




Other trading instruments



Minimum deposit (€)



between 0.1-0.9

Scalping allowed:


Maximal leverage



Alpari Home Page

Alpari emerges as a prominent and reliable brokerage, distinguished by its highly competitive fee system, utilization of the widely acclaimed MT4/MT5 trading platforms, and provision of PAMM accounts requiring a modest minimum investment of just $50. Moreover, the incorporation of Autochartist enhances the trading journey, and the availability of 13 payment processors ensures traders have a plethora of options, including localized ones.

Alpari Account Types

The platform boasts six types of accounts, catering to traders with different experience levels. Whether you are a beginner or an experienced trader, you can find the account type that suits your needs. Let’s take a look at them:

Register for Account

Simply sign up online for a Alpari account.

Verify Your Account

Upload the required documents to verify your identity.

Make a Secure Deposit

Fund your account using Alpari's flexible payment options.

You’re Ready to Trade

Connect to your trading account and start investing in global markets.

Customer Service

This broker offers excellent customer service, available anytime, anywhere. Besides live chat, you can also reach them via:

Alpari Help Center

Alpari Pros and Cons


  • Accessible starting spreads across all account types
  • Direct market access without requotes
  • Strategy Managers can easily share strategies through Alpari CopyTrader
  • Inclusion of negative balance protection for all account types
  • Membership in the Financial Commission Compensation Fund


  • Stock trading exclusive to Pro Account holders
  • Limited availability of educational resources
  • Absence of a proprietary platform

Who Is Recommended For?

Experienced traders and professional investors seeking a dependable and user-friendly platform for trading across diverse asset classes will find Alpari International’s emphasis on exceptional execution and favorable pricing terms appealing. With leverage reaching up to 1000:1 and variable spreads potentially as low as 0 pips, professionals requiring no-requotes and market execution will discover that Alpari International adeptly caters to their requirements.

Furthermore, the CopyTrade feature, which replicates the strategies of seasoned money managers, allows both Strategy Managers and their followers to capitalize on market fluctuations. While attributes like Alpari CopyTrade hold allure for novices lacking experience, those looking to learn trading should take note of the limited access to educational materials.

Top Features

Low Spreads: All Alpari International account types boast competitive starting variable spreads, with Pro account holders enjoying institutional spreads starting from 0.0 pips by maintaining a minimum account balance of $250,000.

Swap Free Accounts: Traders who require swap-free accounts, either due to strategy preferences or religious reasons, will appreciate Alpari International’s provision of swap-free accounts at no additional cost.

Hedging/Scalping Allowed: Alpari International distinguishes itself by permitting clients to engage in scalping strategies, capitalizing on minor price fluctuations in available assets, without time constraints. Moreover, clients can execute hedging strategies, taking offsetting positions in assets, enabling simultaneous trading on price changes in both directions.

Rapid Withdrawals: With support for over 20 withdrawal methods, including credit and debit cards, bank wire transfers, e-wallets, local payment services, and cryptocurrency, Alpari International ensures swift and convenient withdrawal processes. Nearly all withdrawal requests are processed and dispatched within 24 hours.

Excellent Liquidity: Leveraging strong relationships with top liquidity providers and banks, Alpari International grants clients access to premium market execution. Additionally, non-dealing desk (NDD) execution and straight-through processing guarantee no requotes for ECN and Pro accounts.

Compliance & Regulation

Alpari International’s global reach spanning 150 countries is made possible by its status as a licensed investment dealer. Authorized by the Financial Services Commission of Mauritius, this licensing empowers Alpari International to provide brokerage services to traders worldwide, with only a handful of exceptions. The company’s compliance procedures adhere to rigorous Know Your Customer and Anti-Money Laundering protocols. Furthermore, Alpari International’s membership in the Financial Commission, established since 2013, ensures that traders have recourse in case of disputes. Through this membership, traders may be eligible for compensation of up to EUR 20,000 from the Compensation Fund if a dispute is resolved in their favor.


Alpari International offers a diverse range of account types tailored to accommodate investors across various experience levels in the global financial markets. Beginners can initiate their journey with a Micro Account, requiring a minimal deposit of just $5. For those seeking lower spreads and higher leverage, the Standard Account demands a minimum deposit of $100. Advanced traders looking for rapid trade execution can opt for an ECN account, accessible with a deposit as low as $500. Meanwhile, the Pro Account caters to professional and institutional traders, providing direct market access upon maintaining a minimum account balance of $25,000. Clients depositing over $5,000 are eligible for complimentary Virtual Private Servers (VPS).

Alpari International prioritizes affordability, commencing with the absence of commissions across all deposit methods. Withdrawals are subject to modest fees, varying by method, and an inactivity fee of $5 USD/EUR/GBP applies to users inactive for six months. While spreads remain competitive within the industry, Alpari International exclusively offers variable spreads, which can potentially reach as low as zero pips. Commissions are only applicable to ECN accounts, starting at $1.50 per lot per side. Additionally, swap-free account options compliant with Shariah principles are available for all account types except for ECN and Pro MT5 accounts.

Reliability & Security

For experienced and professional traders, the quality of execution stands as a paramount concern when selecting a broker. Alpari International addresses this crucial aspect through established relationships with top liquidity providers and the implementation of a no-dealing desk model, facilitating direct market access and ensuring reliable execution without requotes. Moreover, client funds enjoy robust protection as they are held in segregated accounts, distinct from Alpari International’s operational funds, within reputable banks.

Clients seeking assistance or guidance regarding their accounts can easily connect with Alpari International representatives through various support channels available in 8 different languages. Alongside email and phone support, representatives are accessible 24/5 during market hours via live chat and Telegram, with extended support hours even on weekends for new account openings. Clients consistently report that company representatives are highly responsive and helpful. Additionally, membership with the Financial Commission, an independent self-regulatory body, bolsters Alpari International’s reputation for reliability and trustworthiness, offering customers an additional layer of assurance in case of any issues.

User Experience

The account opening process at Alpari International is meticulously designed to be swift and user-friendly. Upon completing the initial registration form, users receive a verification pin code via email or mobile phone for added security. Following this streamlined registration, which involves submitting standard compliance documentation such as proof of identity and address, users can effortlessly deposit funds thanks to Alpari International’s extensive array of payment options. Withdrawals are typically processed within 24 hours for expedient transactions.

Once registered, users can easily navigate the MyAlpari dashboard to access account settings, manage deposits and withdrawals, and utilize the MT4 or MT5 WebTrader platforms. The platform’s intuitive interface simplifies these tasks, ensuring a seamless experience for users. For novice traders seeking foundational trading knowledge, Alpari International offers valuable resources such as the “Forex Trading for Beginners” section. A searchable FAQ further assists users in finding answers to common queries or handling more advanced account functions. Experienced traders will find the familiarity of MT4 appealing, while others will appreciate the advanced features like market depth, hedging, and multiple execution modes. Despite its simplicity, the portal offers swift navigation and ease of use.

Final Thoughts on

Alpari International stands out as an ideal choice for professional traders and institutional investors due to its low entry barriers and top-notch execution quality, providing clear and direct market access. With a no-dealing desk execution model and no requotes in ECN and Pro accounts, traders benefit from reliable pricing sourced from reputable liquidity providers. The platform’s support for VPS hosting and EAs, alongside Alpari CopyTrader, caters to experienced professionals who prefer standard tools like MT4 and MT5 without unnecessary complexities.

Furthermore, the inclusion of CopyTrader appeals to novice investors seeking a more hands-off approach to fund management. The intuitive MyAlpari trader dashboard simplifies navigation across various features and account options. While oversight by a single regulatory body is notable, membership in an independent self-regulatory organization adds an extra layer of reassurance for potential investors. In summary, Alpari International offers an attractive brokerage solution with its combination of low spreads, reliable execution, fast funding options, and user-friendly design.

Leave a Comment

four × five =

Check other reviews

Want to leave a review?

Copyright ©2024 | All Rights Reserved.