Alpari vs Amarkets - Fees Review included
Which broker is better Alpari or Amarkets? Our expert assessment conducted according to TU’s own methodology showed that Alpari is one of the top brokers in the financial market with the TU Overall Score of 6.5 out of 10. Amarkets is one of the top brokers in the financial market with the TU Overall Score of 7.77 out of 10. Find out more about TU Overall Score.
| Feature | Alpari | Amarkets |
|---|---|---|
Overall |
4 |
4.4 |
3.7 |
2.1 |
|
3.5 |
4.9 |
|
4.1 |
4.2 |
|
Investment Instruments |
3.5 |
4.1 |
Platforms and Charting Tools |
3.9 |
4.3 |
Deposit and Withdrawal |
4.1 |
4.6 |
Research |
3.8 |
4.2 |
Education |
4.1 |
3.5 |
Support |
4.6 |
4.2 |
Bonuses |
4.5 |
4.4 |
|
|
|
Alpari vs Amarkets: Pros and Cons
The Alpari broker has been providing financial services in the international foreign exchange market since 1998. The company's services include both active Forex trading and investment offers. The broker is registered in the territory of Saint Vincent and the Grenadines. Its license is № 20389 IBC 2012, issued by the Registrar of International Business Companies. The Company is also a member of The Financial Commission, which handles the settlement of disputes worldwide between brokers and their clients. The broker has received more than 30 awards, including Forex Expo Awards (2011, 2012, 2014), International Finance Magazine Awards (2013), and FX Empire Awards (2017).
“AMarkets” – is the reliable Forex-company that is already trusted by the huge amount of traders. The broker offers its customers the profitable cooperation conditions: wide range of the trading instruments, popular platforms, immediate orders execution, professional support in various issues and may other things.
| Alpari | Amarkets | |
|---|---|---|
| Overall Pros | a large number of trading accounts for traders with different levels of experience and goals; | Order execution 35–50 ms |
| high-quality and efficient work by the customer support service | Low spreads | |
| many ways to replenish the deposit and withdraw funds | RAMM account for investors | |
| Tools for algorithmic trading | ||
| Overall Cons | no trading on weekends | high level of the minimum deposit |
| withdrawal of funds is carried out after occasional delays | offshore regulation | |
| commission compensation for deposits or withdrawals is available only for traders with VIP status; | ||
| trading on the MetaTrader 5 platform is available only for traders with standard accounts, and swap-free Forex Islamic accounts work only on MetaTrader 4. |
Alpari vs Amarkets: Safety and Regulation
| Alpari | Amarkets | |
|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-3 |
Investor protection |
No |
€20,00 |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
Alpari vs Amarkets: Trading Conditions
| Trading Conditions | Alpari | Amarkets |
|---|---|---|
Minimum Deposit |
$1 |
$100 |
Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader4, MetaTrader5, Mobile Platforms |
Max Leverage (Futures) |
1-30000 |
1-1000 |
Supported Markets |
Currency pairs, metals, CFDs |
Forex, Stocks CFD, Metals, Cryptopairs, Bonds, Commodities, Indices |
Trading assets |
78+ |
200+ |
Trading Accounts |
nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, special.ecn.mt4, ecn.mt5 |
Fixed, Standard, ECN |
Base Account Currencies |
USD and EUR |
USD, EUR |
Alpari vs Amarkets: Fees
| Alpari | Amarkets | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,4 |
0,8 |
Standard acc. spread EUR/USD, max pips |
1,2 |
1,3 |
ECN Commission |
2,5 |
2 |
ECN Spread EUR/USD |
0,4 |
0,2 |
Deposit fee, % |
0-0,5 |
No |
Withdrawal fee, % |
0,5 |
0,5-1,8 |
Withdrawal fee, USD |
No |
1 |
Inactivity fee, $ |
5 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Alpari vs Amarkets: Trading Assets
| Asset Name | Alpari | Amarkets |
|---|---|---|
Overall |
78+ |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (Bitcoin CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
No |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
No |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Alpari or Amarkets: Investment Programs
| Asset Name | Alpari | Amarkets |
|---|---|---|
Copy Trading |
No |
No |
MAM/PAMM |
Yes |
Yes (RAMM) |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Amarkets or Alpari
| Alpari | Amarkets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
Alpari vs Amarkets: Deposit and Withdrawal Methods
| Alpari | Amarkets | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Alpari vs Amarkets: Research
| Research Type | Alpari | Amarkets |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
No |
Alpari vs Amarkets: Education
| Education Type | Alpari | Amarkets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
No |
Videos |
No |
No |
Cent account |
No |
No |
Amarkets vs Alpari: Support
| Support Features | Alpari | Amarkets |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
Facebook, WhatsApp, VK, Telegram |
Telegram, WhatsApp |
Alpari vs Amarkets: Forex Bonuses and Promo
| Promo | Alpari | Amarkets |
|---|---|---|
Forex Bonus |
Proprietary bonus system: For replenishment of the account, trading, and other operations, the trader receives bonus points on his personal account, which can later be exchanged for discounts or real money; Cashback service: Clients with a high status in the system receive more privileges and access to additional bonuses. |
You can get 20% bonus on your deposit, |
Affiliate Program |
"Revenue Sharing" - a broker's representative may attract new clients and receive up to 60% of the spread for trading operations carried out by the invited trader; “CPA-partner” is a partner whose task is also to attract new customers, but a reward of up to $275 is paid only after new invitees open new accounts and replenish them at least once. |
$10 for every friend you refer |
Other Promos |
||
|
|
|
Top 5 Reviews on Amarkets
-
Comment
For those interested in crypto, AMarkets offers convenient tools. You can trade cryptocurrencies, currency pairs, and commodities. The minimum deposit starts at $100, and leverage is available up to 1:3000, which is great for those looking for flexibility. Zero accounts have fixed spreads starting from 0 pips, which is useful during news events. The platform regularly runs contests and promotions as part of its bonus programs. There’s also plenty of educational content and analytics — even accessible directly from your personal account.
-
Comment
From a technical standpoint, the broker has everything well thought out. There’s WebTrader, MT4, MT5, and the AMarkets mobile app. Trades execute quickly on mobile with almost no delays. I tested execution speed through the standard terminal — it averaged 40 ms, which is an excellent result. One downside is that standard trading advisors don’t perform well here; it’s better to develop your own. Otherwise, the broker is suitable for both algorithmic and manual trading.
-
Comment
I registered with AMarkets for copy trading. I don’t trade on my own but wanted to follow the strategy of one of the top-rated traders. I liked that you can track their trades in real time, and there are statistics and filters based on profitability. The platform doesn’t offer PAMM accounts, only copy trading. The conditions are fair: the trader earns up to 60% of the investor’s profit, which is honest and motivates both parties.
-
Comment
I've been working with AMarkets for several years now. The broker has proven to be a reliable and transparent partner. All financial transactions are processed smoothly and without hidden fees.
-
Comment
I've been trading with AMarkets for about six months, and I chose this broker because of its favorable spread conditions. On ECN accounts, spreads start from 0 pips, while on Standard accounts they begin at 1.3 pips — which is crucial for my intraday strategies. Execution speed has also been solid, averaging 35–50 ms, noticeably faster than the market average. I’ve been using the MT5 terminal, and everything runs smoothly. On the downside, I wouldn’t recommend using trading advisors (EAs) without customization — out of the box, they don’t deliver good results.
Top 5 Reviews on Alpari
-
Comment
Many traders collaborate with the broker Alpari. I myself traded with this broker for several years. At one time, Alpari was one of the best among forex companies. But now, there is fierce competition, with many brokers offering favorable conditions as well as regulatory licenses. And this broker has remained in the past for now.
-
Comment
I leave a neutral review of alpari. This company is reputable and when you get to know it closer, you understand that the broker has no special problems. Everything is fine with payments. There are deposit and withdrawal fees. They are small, but they exist. Slippages occur, though not very strong.
-
Comment
I can recommend Alpari as a stable and reliable broker, which has earned its reputation over the years of its work. It is focused on clients, not on its profit, and this is the most important thing. It is also important to note that order execution is at a high level, and withdrawals are made quickly and without any difficulties. Alpari provides good support service where knowledgeable Forex specialists work.
-
Comment
For me, the main advantage of Alpari is the variety of available trading instruments. I traded both currency pairs and crypto. I can also add that Alpari has a fast trading platform. There are no requotes, and this is very important in my trading.
-
Comment
I have known Alpari for six years. At first I traded here for two years, then I stopped trading at all. I didn’t work in the Forex market for two years, and then I returned again. I tried trading in another company, but I didn't like it. I funded my account with Alpari again and am trading here up to now. I can’t say that the broker is perfect, since problems do occur. But the company withdraws profits without any problems.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.