Item: Alpari (UK)
Rating: 6.65
Author: Oleg Tkachenko

Brief Look at Alpari (UK)

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).

a large number of trading accounts for traders with different levels of experience and goals;
high-quality and efficient work by the customer support service;
many ways to replenish the deposit and withdraw funds.

no trading on weekends;
withdrawal of funds is carried out after occasional delays;
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 (UK) Key Parameters Evaluation

6.65/10

Alpari (UK) Summary

7.3

Trading Account Opening

4.9

Regulation and Safety

5.0

Commissions and Fees

7.8

Account Types

5.2

Deposit and Withdrawal

6.3

Additional Trading Tools

7.4

Investment Options

8.1

Customer Support

8.1

Education

Alpari (UK) Summary

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.

Alpari (UK) trading parameters
Trading platform	MetaTrader 4, MetaTrader 5
Accounts	nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, special.ecn.mt4, ecn.mt5
Account currency	USD and EUR
Replenishment / Withdrawal	Bank transfer, bank cards, internet banks, electronic payment systems, payment terminals
Minimum deposit	From $1
Leverage	Up to 1:3000
PAMM-accounts
Min Order	0.01 lot
Spread	0,4 pips
Instruments	Currency pairs, metals, CFDs
Margin Call / Stop Out	50%, from 10%
Liquidity provider	-
Mobile trading
Affiliate program
Orders execution	Instant execution, Market execution
Trading features	Automatic trading and use of trading signals; Investment offers for passive trading; Prompt and polite support service.
Contests and bonuses

Alpari provides acceptable trading conditions for traders from different countries. Users have access to a cent account with a minimum deposit of $0 and standard/ECN accounts that involve replenishment of the deposit in two сurrencies—EUR and USD. On a cent account, the leverage is fixed at 1:500; on all other accounts, traders can independently set this parameter in the range from 1:2 to 1:3000. The stop-out level on accounts differs and is 10%, 20%, or 60%. Alpari offers MetaTrader 4 trading terminal.

Trading Account Opening

Score:

7.25/10

To start trading with Alpari and receive a rebate for completed trades from the Traders Union you need to do the following:

Open the Traders Union website and register. The process takes up to 15 minutes including verification. You just need to enter your email address or use your personal Facebook account. Then follow the referral link to the broker's website and click on the "Register" button.
Create a personal account with a broker. To do this, fill in all the fields in the form with personal data.
Indicate the country and city where you live.
Confirm registration with an individual code. Choose a convenient way to receive the code and enter it in the line intended for this. Upon completion of registration, you will be taken to your personal account.
Using your personal account, you can:
- Open a real account.
- Deposit funds to a trading account or withdraw earnings.

The following functions are also available to the trader in the personal account:

change/edit your personal data;
adjust account settings;
make investments;
manage your account;
manage your investments;
access current promotions and bonus offers;
access trading terminals;
participate in contests;
access training materials;
verify your account and become a PAMM account manager.

Can Alpari (UK) be trusted and safe?

Score:

4.9/10

Alpari (UK) has a safety score of 4.9/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated
Negative balance protection
Track record over 28 years

Not tier-1 regulated

Alpari (UK) Security Factors
Foundation date	2005
Negative balance protection
Verification (KYC)

Commissions and Fees

Score:

5/10

The trading and non-trading commissions of broker Alpari (UK) have been analyzed and rated as Medium with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, Admiral Markets and InstaForex, to provide the most comprehensive information.

Tight EUR/USD market spread

Above-average Forex trading fees
Inactivity fee applies
Deposit fee applies
Withdrawal fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Alpari (UK) with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Alpari (UK)’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Alpari (UK) Standard spreads
	Alpari (UK)	Admiral Markets	InstaForex
EUR/USD min, pips	0.4	0.1	0.3
EUR/USD max, pips	1.2	0.8	0.5
GPB/USD min, pips	0.1	0.1	0.3
GPB/USD max, pips	1.0	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Alpari (UK) Standard spreads
	Alpari (UK)	Admiral Markets	InstaForex
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	2.5	3	3
EUR/USD avg spread	0.4	0,1	0.2
GBP/USD avg spread	0,6	0,3	0,4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Alpari (UK). This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Alpari (UK) Non-Trading Fees
	Alpari (UK)	Admiral Markets	InstaForex
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0-0,5	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0,5	0-1	0,5-2
Withdrawal fee, USD, % The indicated amount does not include possible fees from payment systems and banks.	0	0	20-100
Inactivity fee ($, per month)	5	10	0

Account Types

Score:

7.82/10

Alpari offers a wide range of account types, including Standard, ECN, Micro, Swap-Free (Islamic), and Managed accounts, along with a demo account for risk-free practice. This variety meets the needs of most traders, from beginners to professionals. However, the broker does not provide Cent accounts, which may limit options for those trading with very small volumes.

Available account types
Standard A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.		ECN Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
Swap Free Eliminates overnight interest (swap) charges. Designed for traders following Islamic finance principles.		Micro Trading with micro-lots (0.01 lot = 1,000 units). Reduced capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
Cent Operates with cent-denominated balances (1 USD = 100 cents) for trading micro-lots (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.		Demo Enables risk-free trading with virtual funds. Conditions may vary by broker.
VIP Offers premium services, lower fees, and dedicated support. Requirements vary by broker.		Managed A professional handles trading on behalf of the investor. Risks and fees depend on the provider.

Available account types
Standard A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.
ECN Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
Swap Free Eliminates overnight interest (swap) charges. Designed for traders following Islamic finance principles.
Micro Trading with micro-lots (0.01 lot = 1,000 units). Reduced capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
Cent Operates with cent-denominated balances (1 USD = 100 cents) for trading micro-lots (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.
Demo Enables risk-free trading with virtual funds. Conditions may vary by broker.
VIP Offers premium services, lower fees, and dedicated support. Requirements vary by broker.
Managed A professional handles trading on behalf of the investor. Risks and fees depend on the provider.

Account Type	Description
nano.mt4	is a cent account with a minimum lot size of 1000 units, while a standard lot consists of 100,000 currency units. Minimum deposit without requirements (where the trader can replenish the account for any amount), and the leverage is fixed at 1:500. There are 33 currency pairs and two metal trading instruments. The platform is suitable for novice traders to gain trading skills or professionals to test trading strategies;
standard.mt4	is a standard account on the MetaTrader 4 platform. Suitable for traders with basic skills in foreign exchange trading. The minimum deposit is EUR / USD 20, the leverage varies from 1:10 to 1:1000, there are 33 currency pairs and 2 metals among the trading assets. The swap-free function can be activated;
standard.mt5	is a standard account for the MetaTrader 5 platform and is recommended for more experienced traders. The minimum deposit is EUR / USD 100, the leverage is adjustable, from 1:10 to 1:1000, 33 currency pairs and 2 metals round out the offerings;
ecn.mt4	is an account for experienced traders that offers a higher-order execution speed and liquidity. The minimum deposit is EUR / USD 300, the leverage varies from 1:2 to 1:3000, 46 currency pairs, two metals, and 18 CFD contracts are represented among the trading instruments. You can disable swaps on your account by making it Islamic;
pro.ecn.mt4	an account for professional Forex market participants working with the MetaTrader 4 platform. The deposit on the account starts from EUR / USD 500, leverage varies from 1:2 to 1:3000, 46 currency pairs, two metals, and 18 CFD contracts. For a standard lot (USD 100,000) there is a commission of $1.6. It is possible to enable the swap-free function;
special.ecn.mt4	an account for professional traders. It duplicates the conditions of the pro.ecn.mt4 account, except for the commission except that for 1 standard lot the trader is charged a trading fee of $6;
ecn.mt5	an account for professional traders using the MetaTrader 5 platform for trading. The minimum deposit is EUR / USD 500, the leverage is adjustable from 1:2 to 1:3000. Also available for trading are 46 currency pairs, two metals, and 18 CFD contracts. The commission for a standard lot is $1.6.

Deposit and Withdrawal

Score:

5.2/10

Alpari (UK) received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Alpari (UK) provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards

Minimum deposit below industry average
Bank card deposits and withdrawals
USDT (Tether) supported
Bank wire transfers available

Deposit fee applies
BTC not available as a base account currency
Wise not supported

What are Alpari (UK) deposit and withdrawal options?

Alpari (UK) provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.

Alpari (UK) Deposit and Withdrawal Methods vs Competitors
	Alpari (UK)	Admiral Markets	InstaForex
Bank card
PayPal
Wise
BTC

Does Alpari (UK) Charge Deposit and Withdrawal Fees?

Alpari (UK) charges fees for both deposits and withdrawals, which can increase the overall cost of managing funds. To provide a clear understanding of the fee structure, We compared Alpari (UK)'s deposit and withdrawal fees with those of two competitors.

Alpari (UK) Deposit and Withdrawal Fee
	Alpari (UK)	Admiral Markets	InstaForex
Deposit fee, %	0-0,5	0	0
Withdrawal fee, %	0,5	0-1	0,5-2
Withdrawal fee, USD	0	0	20-100

What are Alpari (UK) base account currencies? Base account currencies are the primary currencies in which trading accounts are denominated. They determine the currency used for deposits, withdrawals, and calculating account balances.Using a base currency that matches a trader's local currency can help avoid unnecessary conversion fees.

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Alpari (UK) supports the following base account currencies:

USD

EUR

BTC

What Are Alpari (UK)'s Minimum Deposit and Withdrawal Amounts?

The minimum deposit on Alpari (UK) is $20, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Alpari (UK)’s support team.

Investment Options

Score:

8.26/10

Alpari offers a wide range of investment options, including copy trading, PAMM accounts, managed accounts, and an affiliate program. This variety caters to both active traders and investors seeking passive income opportunities. With PAMM and managed accounts, investors can allocate funds to experienced traders, while the affiliate program provides additional earning potential.

Alpari (UK) investment options

Available investment options
Copy trading Allows traders to automatically replicate the trades of experienced investors. Performance and risks depend on the chosen strategy and provider.		Managed A professional trader or fund manager executes trades on behalf of the investor. Fees, strategies, and risks vary by provider.
PAMM A Percent Allocation Management Module (PAMM) account pools investor funds under a manager’s control, with profits and losses distributed proportionally. Terms depend on the broker and manager.		Affiliate program Traders earn commissions by referring new clients to a broker. Payouts and conditions vary based on the broker’s affiliate structure.

Available investment options
Copy trading Allows traders to automatically replicate the trades of experienced investors. Performance and risks depend on the chosen strategy and provider.
Managed A professional trader or fund manager executes trades on behalf of the investor. Fees, strategies, and risks vary by provider.
PAMM A Percent Allocation Management Module (PAMM) account pools investor funds under a manager’s control, with profits and losses distributed proportionally. Terms depend on the broker and manager.
Affiliate program Traders earn commissions by referring new clients to a broker. Payouts and conditions vary based on the broker’s affiliate structure.

Additional Trading Tools

Score:

6.3/10

Economic Calendar.

The economic calendar is an additional tool for traders to access information about important financial and economic events affecting the foreign exchange market. With the help of an economic calendar, traders can analyze current and past events and their impact on the financial market. This allows one to make optimal trading decisions and earn more profit during the trading process.

Trading Schedule.

This tool allows traders to study all the upcoming holidays and, taking into account the information received, adjust their trading strategies in time. The data in the holiday calendar is indicated оn the broker's server time (MT4) — Eastern European Time (EET). If no trading instruments are in the holiday calendar table presented on the broker's website, they are available for trading without restrictions.

Customer Support

Score:

8.13/10

Information
The company's customers have the opportunity to seek help from the 24-hour support service, which is open from Monday to Friday (24/5).

Answers most questions very quickly
Polite and efficient staff
A large number of communication methods

Does not work on weekends

The broker offers several ways to contact support such as:
call to numbers on the website;
email;
Skype call;
message to the online chat on the broker's website.

Also, communication is carried out through Facebook Messenger, Viber (chat), Telegram (bot), VK (chat), and traders can leave a claim through the feedback form in their personal account.

Contacts
Foundation date	2005
Registration address	Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines
Regulation	FSC Licence number: C113012295
Official site	https://alpari.com/
Contacts	customersupport@alpari.org +442 080 896 850

Education

Score:

8.06/10

Information
To improve the skills of traders, the company offers training materials that will be useful for both novices in the foreign exchange market and for professionals.

Information available in the Education Section	Information not available at the Alpari site
Forex Glossary	Training Videos, podcasts
Bibliography
Webinars and seminars
Training courses of different complexity
Tutorials and other articles

Each of these tools can be tested on a demo (free) account.

TU Expert Advice: Is Alpari (UK) Worth the Try?

The Alpari broker has been on the Forex market for 21 years and has managed to establish itself as a reliable partner that provides traders with comfortable trading conditions. The company offers both a cent account for novices and classic accounts for more experienced traders. For professionals, it has ECN accounts with lower spreads. Also, the Alpari broker carefully monitors the ratings of its managers, which allows investors to operate with minimum risk when choosing a PAMM account or PAMM portfolio that suits their goals best.

Alpari is ready to cooperate with both professional participants in the foreign exchange market and novice traders who do not have experience and knowledge in this area. If any disputes arise, the company's support service responds to customer requests promptly and helps to resolve the problem.

The broker has been a partner of the Traders Union for several years and during its association, it did not create any conflicting situations related to default on its obligations.

In 2019, the broker updated its website, and now traders can quickly get the data necessary to start trading, as well as compare different types of accounts and investment offers by Alpari. A high level of customer focus and emphasis on improving services help Alpari to remain one of the most popular brokers in Europe.

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Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

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