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Alpari3 min read
Broker Review
Initially, Alpari, established in 1998, offered online trading services in the Forex currency market. Now the holding conducts its activities in different directions. In addition to services in the foreign exchange market, the company offers trading in options, valuable metals, PAMM-investing and other investment types. Today, Alpari has offices in more than 150 countries. Alpari is a member of The Financial Commission, an international organization that resolves disputes in the field of financial services in the international currency market.
Platforms
75
Usability
76
Assets
80
Users rating49 Votes
41
Pros Broker
Wide range of markets
ECN/STP technology
Thoughtful PAMM service
2,000,000 active traders
Cons Broker
Requotes and slippage
Execution delays
1% to 5% entry and withdrawal fees
Slow withdrawal of funds
77
Overall Broker Rating
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Review of the company

Alpari Group was founded in 1998 by three visionaries of the forex and online trading technology: Andrey Vedikhin, Andrey Dashin and Gleb Petrov. Their goal was to expand the global market impact. This way Alpari branches in other financial centers around the world have been established. Alpari (UK) Limited was founded in 2004 and recorded in the Register of United Kingdom. Alpari (U.S.) was founded in 2006 and located in New York’s Wall Street. Alpari China in Shanghai and Alpari Dubai have been established in 2008. Alpari Forex (India) was established in 2009. Since 2010, Alpari (Germany) GmbH is also present on the German market. The broker has a high reputation in the financial markets, as well as a high level of trust from its clients.

Alpari’s vision is to provide all customers, whether retail or institutional clients, trading on the institutional level. The forex broker provides innovative and proprietary technology, trading with low costs, regulation by government agencies, security of client’s funds, comprehensive market analysis, advanced learning programs and a dedicated customer service.

Trading platform

Alpari offers online currency trading via MetaTrader 4 (MT4), one of the most respected Forex platforms in the world in terms of stability and reliability as well Metatrader 5 (MT5) to be launched for trading live accounts in the near future. The Forex platform MetaTrader 4 offers a number of useful properties, such as Expert Advisors, custom indicators, complete technical analysis package, professional charting capabilities and and quote history to test your trading strategies.

In today’s Forex market Alpari has a prime brokerage model introduced in order to offer all customers high quality and efficient trading service at low cost. With a combination of Straight Through Processing (STP), Non Dealing Desk (NDD) and access to Currenex ECN that ensures stable high-quality prices offered by major financial institutions Alpari is able to offer all customers the efficiency and cost-effective online trading solutions, which usually banks and businesses reserved for themselves. Now all this premier service is available for individual retail traders. The liquidity providers for this broker are Currenex and Integral.

Trading education

For the successful work at the fast-paced dynamic financial market Alpari provides its customers with free courses (Alpari Academy) and paid analysis and research functions are also available. You can sign up for courses on the official website.

With Alpari Academy the entire spectrum of information is offered: comprehensive video tutorials and webinars that are offered by the company Learning Markets, the whole online trading community with the free access. With these market research and learning opportunities Alpari is able to provide its traders and investors with an informed and responsible online Forex trading experience. Alpari regularly publishes forecasts in the analytics section, which can be used to more accurately open positions.

Trading regulation

Alpari attributes great importance to compliance with the regulations to ensure a high level of customer protection. Individuals may be protected by the Financial Services Compensation Scheme, and by its rules the client funds are that are not used as margin are kept completely separately from company funds and are deposited in a special account.

The liquidity providers for this broker are Currenex and Integral. These structures work with such well-known banks as Bank of America, Paribas, Barclays, UBS and others. Since the broker Alpari provides access to the interbank market around the world, it has several licenses from key global regulators. Since 2006 Alpari UK is regulated by the Financial Conduct Authority (FCA registration number: 448 002). Alpari US is regulated by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFA).

Support service

The broker is trying to provide the highest quality user support. Alpari has dozens of departments that answer specific questions. Technical support works 24/5, that is, it is available throughout the trading week. At the same time, the user can address any problem – and company representatives will try to solve it as quickly as possible. You can contact the company’s employees via online chat or via Skype, phone or Viber. Overall, we are quite satisfied with what Alpari has to offer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.