Broker Alpari Review

Forex Broker — Alpari Review

Founded in 1998, Alpari offers market participants everything they need in order to trade forex and other financial markets including spot metals, CFDs, and others. The Alpari Group has a strong global presence with several offices in various locations such as Belize City, Kingstown (St. Vincent and the Grenadines), Moscow, Kiev, Port Louis, and many others. Alpari played an active role in the formation of CRFIN (the Center for Regulating OTC Financial Instruments and Technologies), and is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the forex financial market.

 

Company Information

 

Name                                      :                                               Alpari

Website                                   :                                               www.alpari.com/

Founded in                              :                                               1998

Headquarters                          :                                               Belize City, St. Vincent and Grenadines

The Owner                              :                                               Alpari (UK) Limited

Regulation                               :                                               FSA (UK)

Phone                                      :                                               +44 8449 869559

Email                                       :                                               support@alpari.com

Maximum Leverage               :                                               1:1000

Minimum Deposit                    :                                               $0

Hedging & Scalping                :                                               Yes

Base Currencies                     :                                               USD, GBP, EUR, JPY, CHF, GOLD

Languages                              :                                               English, Chinese, German, Japanese,                                                                                               Arabic

The Alpari Trading Accounts

 

At Alpari, traders can find trading platforms for desktops, online, as well as mobile. The forex broker focuses largely on making trade accessible to traders wherever they are. The platforms available at Alpari are:

  • MetaTrader 4
  • MetaTrader 5
  • Binary Trader

The MetaTrader platform series do not need any introduction, as it is by far the most accessible and highly-praised forex trading platforms in recent times. However, choosing between a successor and predecessor could still be a little confusing for clients. While the difference between version 4 and 5 are striking, both the desktop-based trading platforms scores perfectly when it comes to offering a smooth trading experience. MetaTrader 5 however is not recommended for traders having low storage and physical memory on their computers.

While for those who do want to go through the hassles of downloading a trading software, Alpari offers a web-based trading platform, called Alpari BinaryTrader, as an alternative. The platform can be accessed smoothly via all the web browsers. It is further equipped with every necessary feature and tool that comes handy while trading binary options.

The said platforms can also be accessed via Android and iOS enabled smartphones.

 

Main Features

Alpari offers a wide range of industry-grade services and features — covering everything from attractive commissions & spreads to educational tools. By signing up at this forex brokerage firm, a trader gets:

  • Attractive Bonuses
  • Trading Support with daily fundamental, technical and expert analysis
  • Competitive Commissions and Spreads
  • Flexible trading accounts (Discussed in next section)
  • Interests on deposit
  • Regular promotional offers

The aforementioned offer bonuses and offers include a Premium Client Status, where traders can earn a fixed 8% interest on deposits; and a special offer where Alpari offers additional 50% deposit to its clients.

 

Account Types

Alpari has the most competitive range of trading accounts to suit clients’ varying requirements. The broker offers 5 types of trading accounts. They are:

  • Nano MT4 Account
  • Standard MT4 Account
  • ECN MT4 Account
  • Pro ECN MT4 Account
  • PAMM Account

Following are the key features of each and every account:

 

Nano MT4

Minimum Deposit        :           0

Spread                        :           Fixed

Leverage                     :           1:500

Stopped Out Level      :           10%

Minimum Lot Size       :           0.01

Hedged Margin           :           50%

 

Standard MT4

Minimum Deposit        :           100 USD/EUR, 5000 RUR, 100 GLD

Leverage                     :           1:25 to 1:1000

Spread                        :           Floating

Stopped Out Level      :           20%

Minimum Lot Size       :           0.01

Hedged Margin           :           50%

 

ECN MT4

Minimum Deposit        :           300 USD/EUR, 5000 RUR, 300 GLD

Leverage                     :           1:25 to 1:1000

Spread                        :           Floating

Stopped Out Level      :           60%

Minimum Lot Size       :           0.01

Hedged Margin           :           50%

 

Pro ECN MT4

Minimum Deposit        :           500USD/EUR, 30,000 RUR, 500 GLD

Leverage                     :           1:100

Spread                        :           Fixed

Stopped Out Level      :           60%

Minimum Lot Size       :           0.01

Hedged Margin           :           50%

Commission                :           16 USD per 1,000,000

 

PAMM Account

A PAMM account, which stands for Percent Allocation Management Module, enables investors to trade forex without needing to stand guard. These investors can simply appoint professional investors (also available at Alpari) to manage their accounts in return for rewards. The minimum deposit required to become a PAMM account holder at Alpari is $300.

 

Customer Support

Alpari has a flawless customer support system, where clients can reach the concerned authorities via phone and email. The staff there is quite knowledgeable and calm, and focus sincerely on solving clients’ small-to-giant queries in a convenient manner.

They are available 24/5 (weekend off).

 

Final Word

Alpari is truly one of the best forex brokers with the latest trading platforms, best customer service, highly competitive product offers, attractive bonuses and offers, and a treasure chest of knowledge and analysis for the novice and the experts.

Open an account now to experience the best there is!