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Alpari , JFX Broker Comparison

Do you want to know which is the better broker between Alpari and JFX ?

In the table below, you can compare the features of Alpari , JFX side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
Alpari
2.53
Regulated
Under guarantee
5-10 years
NBRB,CBR
Local Banking,Alternative Payment Method,TC Pay,UPI,Local Card,Crypto,Volet
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
STANDARD,ECN,PRO ECN
FX Metals Indices Commodities Crypto ETFs (only MT5)
$/€ 50 (MT4) | $/€ 100 (MT5)
1:1000
--
20.00
Floating,Variable
0.01
--
JFX
6.87
Regulated
Under guarantee
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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Alpari BrokerRelated News

Alpari 、 JFX BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do alpari and jfx have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

alpari
Quick Alpari Review Summary
Company NameAlpari (Comoros) Ltd
Founded in2002
Registered inMauritius
Regulated byNBRB
Trading Instruments120+ trading products including Forex, Metals, Commodities, Indices, Cryptos, and Stocks
Currency Pairs quantity60+
Demo Account
Islamic Account
Account TypePro ECN, ECN, Standard
Min Deposit$20
Max Leverage1:3000
Spread0.3 pips onwards (Standard account)
Trading PlatformAlpari App, MT4/MT5
Deposit and Withdraw MethodsCredit/debit cards, e-wallets, bank wire transfers, and local payment solutions
Customer ServiceEmail: legal@alpari.com, Phone: 00 44 20 45 77 19 51, Livechat, Facebook
Customer Services LanguagesEnglish, Farsi, Russian
Headquarter AddressBonovo Road, Fomboni, Island of Moheli, Comoros
Clients Regional RestrictionAlpari (Comoros) Ltd, does not provide services to residents of the USA, JMyanmarthe Democratic Republic of Korea, European Union, United Kingdon2,

Alpari Information

Founded in 2002, Alpari is regulated by the NBRB in Belarus and has eight global offices with operations on three continents. Alpari does not offer services for the residents from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

Alpari's homepage

Pros and Cons

ProsCons
Regulated by NBRBToo many complaints
Many instruments availableNo copy trading
Demo accountsRegional restrictions
Low minimum deposit
MT4 and MT5 platforms
Live chat support

Is Alpari Legit?

Yes. Alpari is regulated by National Bank of the Republic of Belarus (NBRB).

Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
NBRB
NBRBAlpari Evrasia Limited Liability CompanyRetail Forex LicenseУНП192637625

Market Instruments

Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.

Tradable AssetsAvailable
Forex
Metals
Commodities
Indices
Cryptos
Stocks
Bonds
Options
ETFs

Account Types/Fees

Demo Account: Alpari provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: there are in total 3 types of live account: Pro ECN, ECN, and Standard. In the table below you can see the details. The minimum deposit ranges from $/€50 to $/€500, and other conditions such as leverage, spread, and commissions are also different.

Account TypePro ECNECNStandard
Trading InstrumentsFX, metals, indices, commodities, cryptos, stock CFDs (only MT5)FX, metals, indices, commodities, cryptosFX, metals, indices, commodities, cryptos
Min Deposit$/€500$/€300$/€50
Max Leverage1:30001:30001:1000
SpreadFrom 0.0 pipsFrom 0.1 pipsFrom 0.3 pips
Commission$25 per mil notional traded (FX, metals, indices, commodities)
0.03% notional traded (crypto)
$0.02 per side/lot (stock CFD)
Trading PlatformMT4/MT5MT4MT4/MT5
Margin Call80%80%50%
Stop Out50%50%20%
Swap Free
Account comparison

Leverage

Alpari offers a maximum leverage of up to 1:3000 for the Pro ECN and ECN accounts, while 1:1000 for the Standard accounts. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Account TypeMax Leverage
Pro ECN1:3000
ECN1:3000
Standard1:1000

Trading Platforms

Alpari uses MetaTrader 4 and MetaTrader 5, which offer great flexibility, extensive charting tools and a user-friendly interface. Besides, Alpari offers a proprietary platform, which is available on desktop and mobile devices.

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary platformMobile/
MT4iOS, Android, Mac, WebtraderBeginners
MT5iOS, Android, PC, MacExperienced traders

Deposit and Withdrawal

Alpari accepts deposits and withdrawals via credit/debit cards, e-wallets, bank wire transfers, and local payment solutions.

The minimum deposit amount depends on the trading account you choose, and can vary between $20 and $500. There's no maximum deposit restriction on Alpari.

You can withdraw as much as you like, as long as you use the same payment method that you used to deposit with. If you still have open positions, youll need to leave enough free margin in your account to cover the withdrawal and any extra fees that may occur.

jfx
JFXReview Summary
Founded2007
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsCurrencies
Demo Account
Leverage1:25
EUR/USD SpreadFixed from 0.3 pips
Trading PlatformMT4
Min Deposit0
Customer SupportTel: 0120-219-472, 03-5541-6410
Email: kujyo@jfx.co.jp
Address: 1-12-7 Shintomi, Chuo-ku, Tokyo 104-0041 Shintomi HJ Building 3F JFX Co., Ltd.

In 2005, Across FX Co., Ltd. was established and registered as a financial futures trader in November and joined the Financial Futures Association, and in August 2007, started dealing in “Zero FX” and in September 2007, registered as a financial instruments business operator, and moved its headquarters from Minato-ku, Shiba to Akasaka.

In 2008, the name of the company was changed to JFX Co, Ltd. In 2010, JFX started to handle foreign exchange margin trading “MATRIX TRADER,” and in May of the same year, JFX started to provide an iPhone version of the application.

2011, the number of digits displayed in the JFX exchange rate was increased, and in November of the same year, the immediate withdrawal service was started. In 2014, JFX started processing binary options trades, and in July of the same year, the iPhone version of the application became available.

JFX is currently regulated by the Financial Services Agency of Japan (FSA).

JFX's homepage

Pros and Cons

Pros Cons
Regulated by FSALimited variety of assets traded
Support demo accountsConservative leverage
Tight spreadsNo live chat support
Support MT4
No minimum deposit
No fees for deposits and withdrawals

Is JFX Legit?

Yes. JFX is regulated by Financial Services Agency (FSA).

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Financial Services Agency (FSA)RegulatedJFX株式会社Retail Forex License関東財務局長(金商)第238号
Regulated by FSA

What Can I Trade on JFX?

FX offers investors access to the most popular currency pairs in the foreign exchange market, such as EURJPY, EURAUD, USDCAD, EURGBP, and more. Besides, information on other trading assets is not known at this time.

Tradable Instruments Supported
Currencies
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Leverage

The maximum leverage available at JFX is up to 1:25 according to the Japanese Laws. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Currency PairsSpread (AM 9:00~AM 3:00)Spread (AM 3:00~AM 9:00)
USD/JPY0.2 sen3.8 sen
GBP/AUD1.1 pips17.9 pips
GBP/JPY0.9 sen9.9 sen
MXN/JPY0.2 sen
NZD/USD1.0 pips
AUD/JPY0.5 sen5.8 sen
ZAR/JPY0.5 senJPY2.00
CNH/JPY0.8 sen
EUR/USD0.3 pips
EUR/JPY0.4 sen5.9 sen
GBP/USD0.6 pips9.8pips
AUD/USD0.4 pips
EUR/AUD1.1 pips10.9 pips
NZD/JPY0.8 sen7.9 sen
TRY/JPY1.5 sen6.0 sen
Spread

Trading Platform

JFX offers traders the most popular MT4 trading platform on the market. MT4 trading platform is the gold standard in the forex trading industry with powerful charting tools, as well as a large number of technical indicators, support for automated trading, and EA's. Additionally, there is the MATRIX TRADER trading platform available for traders to use.

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5/Experienced traders

Deposit and Withdrawal

It supports real-time withdrawal services, and there are no fees.

It supports financial institutions such as Rakuten Bank, Sumishin SBI Net Bank, Japan Post Bank, Ion Bank, Lawson Bank, Sumitomo Mitsui Banking Corporation (SMBC), Mitsubishi UFJ Bank, PayPay Bank, U Bank, Mizuho Bank, GMOC Bank, Saitama Resona Bank, Seibu Norimono Bank and about 380 other financial institutions.

Deposit and Withdrawal

Do alpari and jfx have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive alpari and jfx are, we first considered common fees for standard accounts. On alpari, the average spread for the EUR/USD currency pair is -- pips, while on jfx the spread is --.

Which broker between alpari, jfx is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

alpari is regulated by NBRB,CBR. jfx is regulated by FSA.

Which broker between alpari, jfx provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

alpari provides the STANDARD,ECN,PRO ECN platform with products like FX Metals Indices Commodities Crypto ETFs (only MT5); jfx offers the -- platform featuring assets including --.

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