Important Note: On 16th of January, Alpari UK have issues an insolvency note. This means that Alpari does no longer accept traders into its regulated entity. You may still open an account with Alpari Forex, a non regulated Alpari Forex Brokerage. Forex Bonus Lab still keeps Alpari in its FCA brokers section, as Alpari Forex offers services of similar quality.
Check Forex Bonus Lab to find our everything you need for a sufficient Alpari Forex Review. We have covered available trading platforms, trading accounts and their conditions and also extra offers. Read through Alpari Forex Review to learn more! Note that by the time of this Alpari Forex Review, its NFA company has seized the operations.
Leverage: 1:500 Licences: CFTC, FCA previously
Min. Deposit: 200 USD Bonus: N/A
Spreads: from 0 pips US Clients: Not anymore
Looking for great trading? Sign up with Alpari!
Alpari Forex Broker Review at a Glance
Alpari is a FX broker that has origins in Russia, but is known relatively well in the U.S. and the United Kingdom. There are a lot of clients who have been with this firm since the very beginning and didn’t want to change. This is because of the excellent services it provides. Alpari has received many awards due to the fact that the clients appreciate doing business with it. Among the advantages we can mention: the service that is excellent, the educational section of the website and access to the best trading platforms. From its foundation in 1998, Alpari has gained all the regulatory credentials in the US, proving its reliability across the globe. Even though in recent years Alpari stopped providing services to US based clients.
Alpari Forex Trading Broker Accounts Overview
There are four different types of accounts: Market, Spread Betting, MT5 and Pro. Alpari has business connections with a number of liquidity providers such as financial institutions, global banks and funds. The ECN system allows them faster confirmation times and also tighter spreads.
The new NDD ECN technology from Alpari UK gives its clients prices that accurately reflect true market conditions. This is available across all account types.
Alpari Forex Reviews of Trading Platforms
The different platforms endorsed by Alpari are as follows: Alpari Direct, Alpari Direct Pro, MetaTrader 4 and MetaTrader5 will also be available. The best choice for traders is the MetaTrader4 platform, because the traders are already used to it and offers the best facilities. MetaTrader Mobile brings Forex-trading functionality to smartphones. MetaTrader Pro is for advanced users who trade high volumes.
A web-based custom platform is called Alpari Direct and is for advanced traders. It features access to trading technologies and news feeds. It has the advantage of not being dealing desk. It is a very comfortable way to trade and it lets you give buy or sell orders without closing the technical instruments screen.
Alpari Review Extra Features
In addition to offering a demo that has become the standard in brokerage services, Alpari offers online education for Forex novices. Alpari Academy has a large FAQ section, video tutorials and high quality web broadcasts. Alpari offers a lot of facilities including a guide for technical analysis and reports about the state of the market.
Alpari’s tools are most useful. Alpari Squawk delivers live audio market commentary, while Trading Central delivers market analysis. AutoChartist is a tool for chart-pattern recognition to support your analysis that is offered freely. A Trader’s Calculator allows position values to be seen and required margins to be computed. The calculator gives detailed information about open or intended positions so that you can understand the risk.
Alpari Forex Broker Customer Support
Support is available by live chat and by phone. Alpari permits the use of the telephone for trading in case Internet access isn’t available. This is a very thoughtful, yet not unique. This could be a great feature for the users without reliable Internet providers. It is normally easy to get through to a professional on any of these channels during weekdays from 9 a.m. to 5 p.m. The dealing desk number should be working 24/5 though.
Alpari Reviews of Deposits and Withdrawals
Deposits and withdrawals can be performed with a variety of credit cards, Skrill and Neteller.
Alpari Forex Review Conclusion
Because of its size and its history, Alpari is a well-trusted dealer in the FX world. It is one of the best Forex broker because Alpari provides direct access to the Electronic Communications Network on its Pro Accounts. Alpari also charges low commissions. It caters to different types of traders that use different devices and have different lifestyles. Alpari provides tools and education to help both novices and advanced traders.