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Alpari , SBI SECURITIES Broker Comparison
Do you want to know which is the better broker between Alpari and SBI SECURITIES ?
In the table below, you can compare the features of Alpari , SBI SECURITIES 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
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
--
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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Alpari 、 SBI SECURITIES BrokerRelated News
Alpari 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 sbi-securities 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 Name | Alpari (Comoros) Ltd |
| Founded in | 2002 |
| Registered in | Mauritius |
| Regulated by | NBRB |
| Trading Instruments | 120+ trading products including Forex, Metals, Commodities, Indices, Cryptos, and Stocks |
| Currency Pairs quantity | 60+ |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Account Type | Pro ECN, ECN, Standard |
| Min Deposit | $20 |
| Max Leverage | 1:3000 |
| Spread | 0.3 pips onwards (Standard account) |
| Trading Platform | Alpari App, MT4/MT5 |
| Deposit and Withdraw Methods | Credit/debit cards, e-wallets, bank wire transfers, and local payment solutions |
| Customer Service | Email: legal@alpari.com, Phone: 00 44 20 45 77 19 51, Livechat, Facebook |
| Customer Services Languages | English, Farsi, Russian |
| Headquarter Address | Bonovo Road, Fomboni, Island of Moheli, Comoros |
| Clients Regional Restriction | Alpari (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.
Pros and Cons
| Pros | Cons |
| Regulated by NBRB | Too many complaints |
| Many instruments available | No copy trading |
| Demo accounts | Regional 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 Country | Regulated by | Regulated Entity | License Type | License Number |
 | NBRB | Alpari Evrasia Limited Liability Company | Retail Forex License | УНП192637625 |
Market Instruments
Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.
| Tradable Assets | Available |
| 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 Type | Pro ECN | ECN | Standard |
| Trading Instruments | FX, metals, indices, commodities, cryptos, stock CFDs (only MT5) | FX, metals, indices, commodities, cryptos | FX, metals, indices, commodities, cryptos |
| Min Deposit | $/€500 | $/€300 | $/€50 |
| Max Leverage | 1:3000 | 1:3000 | 1:1000 |
| Spread | From 0.0 pips | From 0.1 pips | From 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 Platform | MT4/MT5 | MT4 | MT4/MT5 |
| Margin Call | 80% | 80% | 50% |
| Stop Out | 50% | 50% | 20% |
| Swap Free | ✔ | ✔ | ✔ |
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 Type | Max Leverage |
| Pro ECN | 1:3000 |
| ECN | 1:3000 |
| Standard | 1:1000 |
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 Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Mobile | / |
| MT4 | ✔ | iOS, Android, Mac, Webtrader | Beginners |
| MT5 | ✔ | iOS, Android, PC, Mac | Experienced 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.
sbi-securities
| SBI Securities Review Summary | |
| Founded | 1999 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex, Stocks, Bonds, ETFs, Mutual Funds, CFDs, Gold/Platinum, NISA, iDeCo |
| Demo Account | Available |
| Leverage | Up to 1:25 (for FX) |
| Spread | From 1 pip (FX pairs),0.5 pips(CFDs) |
| Trading Platform | Proprietary web and mobile platforms, HYPER SBI |
| Min Deposit | ¥10,000 |
| Customer Support | Phone: 0120-104-214 |
| Email: contact@sbisec.co.jp | |
| 24/7 Online Chat: No | |
| Physical Address: Japan | |
SBI Securities Information
Established in 1999 with a headquarters in Japan, SBI Securities is under FSA control. Forex, equities, bonds, ETFs, mutual funds, and more are among the several market tools it provides with leverage up to 1:25 for FX trading. The platform offers proprietary web and mobile trading systems including HYPER SBI and enables a minimum deposit of ¥10,000.
Pros and Cons
| Pros | Cons |
| Over 150+ financial products and services | Limited leverage for FX (max 1:25) |
| Provide NISA and iDeCo accounts for tax advantages | No 24/7 customer support |
| Regulated by FSA |
Is SBI Securities Legit?
| Current Status | Regulated |
| License Type | Retail Forex License |
| Regulated By | Japan |
| License No. | 関東財務局長(金商)第44号 |
| Licensed Institution | 株式会社SBI証券 |
What Can I Trade on SBI Securities?
SBI Securities offers a 150+ stocks, 30+ currency pairs, and various ETFs, mutual funds, and bonds.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks(Overseas and Japan stock) | ✔ |
| ETFs(Overseas) | ✔ |
| Mutual Funds | ✔ |
| Bonds | ✔ |
| Commodities | ✔ |
| Options | ✔ |
| Cryptocurrencies | ❌ |
Leverage
SBI Securities only provides 1:25 leverage for FX pairs.
Account Types
SBI Securities offers multiple account types: regular investment accounts, NISA accounts, and iDeCo pension accounts.
Demo accounts are also available.
| Account Type | Minimum Deposit | Features |
| Regular Account | ¥10,000 | Access to all products and services |
| NISA Account | ¥0 | Tax-advantaged investing |
| iDeCo Account | Variable | Pension-specific tax benefits |
SBI Securities Fees
With specified fees for domestic stock transfers under different names and ¥3,300 for investment trust transfers, SBI Securities offers free account administration, deposits, withdrawals, and most transfers.
Trading Fees
| Service | Fee |
| Domestic Stocks | Starting from ¥99 per trade |
| Investment Trusts | Varies by fund (management fees apply) |
| FX (Foreign Exchange) | From 1 pip (spread only) |
| ETF/ETN | Varies by issuer |
| REITs | Varies by issuer |
| Bonds | Depends on bond type |
| CFDs | From 0.5 pips (spread only) |
Non-Trading Fees
| Service | Fee |
| Account Opening and Management | Free |
| Bank Transfer Deposits | Customer-borne transfer fees |
| Instant Deposits/Real-Time Deposits | Free |
| Withdrawals | Free |
| Domestic Stock Transfers | Free (same-name) |
| Domestic Stock Transfers (different names) | ¥2,200 per brand (tax incl.) |
| Investment Trust Transfers | Free (same-name) / ¥3,300 per brand (tax incl.) |
| Foreign Stock Transfers | Free (same-name) / ¥2,200 per brand (tax incl.) |
Paid Services (Optional)
| Service | Fee |
| Premium News | ¥37,125/month (tax incl.) |
| Real-Time US Stock Prices | ¥550/month (tax incl.) |
| BroadNewsStreet | ¥330/month (tax incl.) |
Trading Platform
SBI provides different App for different products.
| Trading Platform | Supported | Available Devices | Suitable for |
| HYPER SBI | ✔ | Windows, macOS | Stock traders |
| SBI Mobile App | ✔ | iOS, Android | On-the-go trading |
| Unique App for different products(SBI stock App, Domestic socks smartphone site.etc) | ✔ | Web | General and retail traders |
Deposit and Withdrawal
SBI Securities does not charge withdrawals or deposits fees. Account type determines the minimum deposit; it ranges from ¥10000 in standard account.
Do alpari and sbi-securities 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 sbi-securities are, we first considered common fees for standard accounts. On alpari, the average spread for the EUR/USD currency pair is -- pips, while on sbi-securities the spread is --.
Which broker between alpari, sbi-securities 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. sbi-securities is regulated by FSA.
Which broker between alpari, sbi-securities 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); sbi-securities offers the -- platform featuring assets including --.
