Alpari Review 2019

(You invest on your own risk)

Alpari is an international forex broker with its roots in Russia, main office in Mauritius, and several operative offices around the world.

They have a sleek website, offers a range of exciting assets and instruments, and our favorite trading platforms: MetaTrader 4 & 5.

But is there more to Alpari than that? And what do we find when we start researching this online broker. Read on to find out.

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Find the best trading platform. You capital is at risk when trading. Be careful.

Alpari.org – Is It a Safe Broker?

Let’s not beat around the bush.

Alpari is not a regulated broker and they don’t have a license from any of the leading financial regulatory bodies around the world such as CySEC, FCA, FSCA, or ASICs.

However, the broker is registered by a financial commission in Mauritius, which we’ll talk more about further down on this page. And the broker is rather well-established in certain areas of the world with over 2,000,000 customers, or so Alpari claims on their site.

In other words, it’s hard for us to determine how safe Alpari really is and your best bet is to choose a broker that has a license in your area, not an unregulated broker.

Instead, we do suggest you stick with a safer option such as FXTM, which has the same platform, a similar selection of assets and accounts, and, more importantly, a trading license to operate in Europe.

Assets and Markets on Alpari

Alpari International is a forex broker in its purest form, but they also have support for a few other markets. Every trader using Alpari gets access to several majors, minors, and exotic currency pairs and most get to trade spot metal and indices.

With the Pro and ECN accounts, you also gain access to other markets such as cryptocurrencies and a bigger selection of commodities. That being said, you register an account with Alpari because you’re looking to trade currency pairs and not other instruments.

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Find the best trading platform. You capital is at risk when trading. Be careful.

Alpari Platforms and Mobile Trading

Alpari has partnered up with MetaQuotes and offer both of their award-winning platforms, MetaTrader 4 and MetaTrader 5. That means you can be confident in always having access to some of the best tools, graphs, and trading features out there.

Naturally, both MT4 and MT5 have support for mobile trading and the apps are a pleasure to work with.

Moreover, Alpari International has developed its own copy trading feature called Alpari CopyTrade where you can learn from and copy other traders.

And if you’re already a successful trader, you can apply to become a strategy manager that other traders can copy.

Payment Options – Deposits and Withdrawals on Alpari

If you decide to use Alpari as your forex broker, you have plenty of options to choose from when making your first deposit.

Besides Visa, Mastercard and all the typical payment options, Alpari has support for Neteller, Skrill, several local payment services from around the world as well as Bitcoin.

In other words, you can pick the method that suits you the best and enjoy fast deposits and withdrawals regardless of where in the world you are at the moment.

Just keep in mind that if you deposit funds using one payment option, you oftentimes have to use the same method to withdraw profits later on.

Different Trading Accounts for Different Needs

As mentioned, Alpari provides different accounts depending on what and how you want to trade.

  • Standard Account – A simple yet effective account that suits the majority of traders. Only access to MT4.
  • Micro Account – An account type for beginners that are dabbling in forex trading. Alpari themselves describe this trading account as a bridge between demo and live trading.
  • Pro MT4 – This account is for experienced forex traders that want lower spread, higher liquidity, and full access to all of MT4’s features.
  • ECN – This is another professional account aimed at people who like to combine forex trading with other assets. Use MT4 for your currency trading and MT5 for all other markets.

License and Regulation

Alpari is not a regulated broker and they don’t have the licenses needed to offer their services in a safe and controlled manner, especially not in Europe.

It’s risky to trade with an unregulated broker and it is not something we can recommend.

If you decided to use this broker anyways, you have to be aware that there won’t be much help for you in case something goes wrong. Your funds and personal information isn’t protected and you will be trading at the mercy of the broker.

Also, due to the fact that they don’t have a proper trading license, this broker offers welcome bonuses, cash backs, and other deals, which is a red flag for professional traders like us.

With that said, Alpari International is registered with the Financial Services Commission of the Republic of Mauritius, which you can read more about here.

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Find the best trading platform. You capital is at risk when trading. Be careful.

COMMENTS

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Between 74-89% of retail investor accounts lose money when trading CFDs.