Alpari Review
- Excellent selection of trading platforms
- Extensive array of tradeable instruments
- Phenomenal customer care and support
- Highly safe and secure
- Too many account types
- Caters to experienced traders
Alpari is an internationally recognized online trading brokerage that provides traders from around the globe with the opportunity to trade Forex, Binary Options, and CFDs on a wide range of financial instruments. The brokerage is very well established as it was founded in 1998 and offers around the clock services to clients from over 150 countries around the globe. Also, Alpari has 16 offices located across 11 different countries around the world and is based out of Saint Vincent and the Grenadines with their primary headquarters located at Alpari Limited, Cedar Hill Crest, Villa, Kingstown VC0100, Saint Vincent and the Grenadines, West Indies. Over the years Alpari has continued to innovate and improve their trading services and are currently licensed and regulated by three prominent regulatory authorities being; the Belize International Financial Services Commission (IFSC), the Financial Services Authority of Saint Vincent and the Grenadines (FSA), and the Financial Commission. As well, Alpari is crowned as the largest MetaTrader broker and serves over 1 million clients. All in all, Alpari is a highly reputable online trading brokerage with an outstanding reputation. However, how do you know if Alpari is the right trading brokerage for you? Find out in our in-depth review below where we analyze all aspects of this lucrative broker and see how they stack up to the competition.
Trading Platform
Alpari provides their clients with an outstanding selection of sophisticated trading platforms to suit each traders individual needs. No matter if you are an inspiring trader who’s just starting out or are an experienced trading veteran, Alpari has a reliable trading platform for you. See an overview of the trading platforms available to traders below.
MetaTrader 4 (MT4) & MetaTrader 5 (MT5)
Both of these MetaTrader platforms are highly sophisticated and advanced yet intuitively designed to accommodate the needs of every type of traders. These platforms are the most sought after and popular trading platforms in the world and for good reason. Traders have access to the most sophisticated charting packages that include over 70 built-in technical indicators, and numerous chart types, time frames, drawing and analysis tools, and a library of additional indicators. Also, traders can partake in automated trading using the advanced MLQ4 programming language and execute various advanced order types in an instant. All in all, these trading platforms are of premium quality and everything a trader needs to succeed.
Alpari Mobile
This is a sophisticated proprietary mobile trading application which can be downloaded for free from the Apple App Store and the Google Play Store for iOS and Android mobile devices. The platform includes all of the essentials for trading as well as expert analysis, live rate quotes, an economic events calendar, and so much more.
Binary Trader
This is another proprietary trading platform by Alpari which is designed specifically for the trading of binary options. The platform is compatible on both desktop computers and mobile devices. It features everything a binary options trader would expect from a competent platform and more.
Exchange Markets
Alpari offers their traders the opportunity to participate in the trading of a wide range of lucrative global markets including spot metals, stock CFDs, ETF CFDs, Index CFDs, Commodity CFDs, forex and binary options. See a quick overview of the markets offered by Alpari below.
Binary Options Types
- Call/Put
- Touch
- Range
- Spread
- Express
- Turbo
Forex & CFDs
- 75 tradeable CFD instruments
- 50 currency pairs
- Narrow spreads from 0 pips
- Trade on leverage of up to 1:1000
- Intrabank liquidity with trades from 0.01 lots
- Instantaneous execution speeds
- PAMM Portfolios
Fees and Commission
Alpari does not charge their traders any commissions, but instead makes money by charging a fee through the spread on each trade executed. These spreads vary depending on the financial instrument being traded and also depend on the trading account the client has. All in all though, the spreads are relatively low and comparable with the industry standards and range from 0.8 pips to 2 pips.
Additionally, Alpari does offer two types of trading accounts for more advanced or professional traders that include commission based trades on top of the commission. These types of accounts have average commissions of 0.3 pips and 0.6 pips with commissions of $16 per million or $32 per round-turn.
Security and Fairness
Alpari takes the security of client funds and their personal information very seriously and therefore employ the latest and greatest security measures to protect them. For instance, client funds are held in segregated and secure tier 1 bank accounts and all transmitted data is encrypted using an advanced SSL (Secure Sockets Layer) cryptographic protocol. Also, Alpari adheres to the strictest set of financial standards and regulations due to their licenses, memberships, and regulations. All in all, Alpari can be trusted to provide safe, fair, and transparent online trading services as they have an excellent reputation and are trusted by over a million clients.
Support
Alpari provides their customers with phenomenal customer support that’s available 24 hours a day, 7 days a week. The support is multilingual and is available in 10 different languages in which support representatives can be contacted via email, live chat, telephone, Skype, and Viber. Additionally, can receive support through the brokerages various social media accounts and comprehensive education center.
Conclusion
The Alpari online trading brokerage is an exceptional trading service that serves clients from around the globe. The broker provides traders with an extensive tradeable products offering and a selection of sophisticated trading platforms. As well, traders benefit from the brokers high security, reputation, low trading fees, and more. All in all, we highly recommend that anyone trades with the Alpari online trading brokerage.
Alpari Q&A
The following are the common questions that customers inquired about Alpari.
Is Alpari regulated?
Yes, it is regulated by the the Belize International Financial Services Commission (IFSC), the Financial Services Authority of Saint Vincent and the Grenadines (FSA), and the Financial Commission.
Is Alpari a scam?
No, Alpari is a legit broker that’s trusted by many.
Where is Alpari based?
Alpari is based at Alpari Limited, Cedar Hill Crest, Villa, Kingstown VC0100, Saint Vincent and the Grenadines, West Indies.