Alpari vs Exness - Fees Review included
Which broker is better Alpari or Exness? 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. Exness is one of the top brokers in the financial market with the TU Overall Score of 8.7 out of 10. Find out more about TU Overall Score.
| Feature | Alpari | Exness |
|---|---|---|
Overall |
4 |
4.7 |
3.7 |
4.8 |
|
3.5 |
4.8 |
|
4.1 |
3.9 |
|
Investment Instruments |
3.5 |
4.1 |
Platforms and Charting Tools |
3.9 |
4.2 |
Deposit and Withdrawal |
4.1 |
4.6 |
Research |
3.8 |
4.7 |
Education |
4.1 |
4.8 |
Support |
4.6 |
4.5 |
Bonuses |
4.5 |
3.1 |
|
|
|
Alpari vs Exness: 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).
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
| Alpari | Exness | |
|---|---|---|
| Overall Pros | a large number of trading accounts for traders with different levels of experience and goals; | Trading With Leverage up to 1:2000 |
| high-quality and efficient work by the customer support service | Big choice of ECN/STP accounts | |
| many ways to replenish the deposit and withdraw funds | Low trading and non trading fees | |
| Free VPS hosting | ||
| Quotes history | ||
| Overall Cons | no trading on weekends | Not a big choice of trading assets |
| withdrawal of funds is carried out after occasional delays | No forex bonuses | |
| 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 Exness: Safety and Regulation
| Alpari | Exness | |
|---|---|---|
Max. Regulation Level |
Tier-2 |
Tier-1 |
Investor protection |
No |
€20,000 £85,000 |
FCA UK Regulation |
No |
Yes |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
Yes |
BVI FSC |
No |
Yes |
VFSC |
No |
No |
FSA (Seychelles) |
No |
Yes |
Alpari vs Exness: Trading Conditions
| Trading Conditions | Alpari | Exness |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MT4, MT5, MultiTerminal |
Max Leverage (Futures) |
1-30000 |
1-2000 |
Supported Markets |
Currency pairs, metals, CFDs |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Trading assets |
78+ |
100+ |
Trading Accounts |
nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, special.ecn.mt4, ecn.mt5 |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Base Account Currencies |
USD and EUR |
USD |
Alpari vs Exness: Fees
| Alpari | Exness | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,4 |
0,6 |
Standard acc. spread EUR/USD, max pips |
1,2 |
1,5 |
ECN Commission |
2,5 |
3 |
ECN Spread EUR/USD |
0,4 |
0,1 |
Deposit fee, % |
0-0,5 |
No |
Withdrawal fee, % |
0,5 |
No |
Withdrawal fee, USD |
No |
No |
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 Exness: Trading Assets
| Asset Name | Alpari | Exness |
|---|---|---|
Overall |
78+ |
100+ trading assets |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (Bitcoin CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Alpari or Exness: Investment Programs
| Asset Name | Alpari | Exness |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Exness or Alpari
| Alpari | Exness | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Exness terminal |
Others |
No |
No |
|
|
|
Alpari vs Exness: Deposit and Withdrawal Methods
| Alpari | Exness | |
|---|---|---|
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 Exness: Research
| Research Type | Alpari | Exness |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
Alpari vs Exness: Education
| Education Type | Alpari | Exness |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
Exness vs Alpari: Support
| Support Features | Alpari | Exness |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
Facebook, WhatsApp, VK, Telegram |
No |
Alpari vs Exness: Forex Bonuses and Promo
| Promo | Alpari | Exness |
|---|---|---|
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. |
Not offered |
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. |
40% of trading commissions |
Other Promos |
||
|
|
|
Top 5 Reviews on Exness
-
Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
-
Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
-
Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
-
Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
-
Comment
best trading platform and it has the best technical team
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.