Alpari Broker Review

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Alpari Financial Services Ltd. is a member of the Alpari family, a group of internationally renowned companies because of their technological solutions. It was founded in 1998 as a small provincial outfit which turned into a leading online broker today.

Alpari strives to level up the services and products that they offer their clients at all time. Their quest for success for everyone under them is an unending battle that they continue to fight day after day.

This is box title
  • Regulator – BIFSC, FSASVG
  • Trading Platforms – MT4, MT5
  • Available since – 1998
  • Minimum deposit- $100
  • Leverage – Up to 1:400
  • Spreads (& commission) – 0 pip (no commission) 
  • Minimum trade size- 0.01 lot
  • Demo account – Available
  • Mobile Trading- Available
  • Trade Signals- Automated Trading.
  • US Clients- No
  • Islamic Account- Yes

AssetMagnate Rating: 

Alpari

Trading Platform 

Clients are given two account choices with Alpari – Meta Trader 4 (MT4) and Meta Trader 5 (MT5).

The MT4 platform is very much known as a user-friendly platform which offers a variety of charting and trading tools which clients can use to enhance their trading experience. Clients can customize it in as much as Expert Advisors are available to help traders when trading. 

Alpari also offers clients the Meta Trader or MT5. This is a newer than the MT4 trading platform and comes with some greasy features which include back testing capacity, 75 analytical tools and 21 chart timeframes and so much more. 

Mobile Trading 

In the pursuit to cater all their client needs, especially those who move from time to time, Alpari has launched their mobile trading feature to which makes use of the MT4 and MT5 platform. With this feature, clients can directly trade anytime and anywhere using their smartphones. 

Account Types

Alpari offers two major account type with subcategories each. These account types include:

  • The Independent Trading Account – This account type has 6 different account types to choose from. In here, one can open an account even without shedding out a cent as there is an account type which does not require any initial deposit. All the 6 has floating spreads.
  • Fund Management Accounts – has a total of 5 different trading account types which require $300 initial deposit in order for someone to open an account. Some of these are public accounts too.

Demo Account 

In order for clients to practice trading without risking their assets, a demo account is provided by Alpari as well. The demo account is available for all clients or potential clients to have a wider grasp and experience of trading without making a deposit. 

Minimum Deposit

A minimum deposit of $200 is needed in order for someone to open a trading account with Alpari. Such amount is great considering the benefits and opportunities that come along with it. 

Payment Methods 

Alpari allows payments through major credit and debit cards, bank wire transfer, e-wallets and internal transfer. Alpari has a wide range of payments options to choose from when clients wish to withdraw or deposit money. Such options are provided to make trading for them so much easier. 

Maximum Leverage 

A leverage as high as 1:400 is offered to Alpari clients. Such leverage comes with great income but is accountable with great losses too when not executed properly. 

Spreads and Commission 

The spread offered by Alpari starts from 0 pip with no commission. Generally, Alpari does not offer any collision no matter what the account type is. 

Regulation and License

Alpari is under the regulation of Belize International Financial Services Commission with license number 20389 and Financial Services Authority of Saint Vincent and the Grenadines with license number IFSC/60/301/TS/17. 

With such numbers of regulators, Alpari indeed is one of the safest and most secured online broker today. 

Customer Service 

The Alpari support team is available to assist clients 24/7 via email, live chat, Skype, Viber and telephone. Furthermore, their website is translatable into different languages in order to make their clients who are of different nationalities access information on the website easily. 

Benefits of Trading with Alpari 

Trading with Alpari has a lot of benefits which clients can harness. One simple benefit is the 24/7 customer support since trading is done any moment of the day. Furthermore, they are given a safe and secured trading with a lot of trading accounts to choose from. 

Pros

  • Multiple trading platform choices 
  • Variety of trading account available 
  • 24/7 customer support 
  • Competitive spread 

Cons

  • Unavailability of multilingual support 

Alpari

Conclusion

With the number of years Alpari has in the industry, it can be said that they are of the most trusted and secured online broker existing today. Their wide range of products and services offered is one of a kind and guarantee traders a safe and effective trading at that.

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