The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
No restriction on the broker account. Provide service support by WikiFX
5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius
The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months, please be aware of the risk and the potential scam!
Average transaction speed（Millisecond） 422.1
The fastest transaction speed（Millisecond） 153
The fastest transaction speed [open]（Millisecond） 141
The fastest transaction speed [close]（Millisecond） 153
Slowest transaction speed（Millisecond） 1828
Slowest transaction speed [open]（Millisecond） 1828
Slowest transaction speed [close]（Millisecond） 641
Average disconnection frequency（times/day） Perfect 0.3
Average reconnection time（Millisecond） 13
Average trading slippage 1.1
Maximum transaction slippage 28
Maximum transaction slippage [Long] -1
Maximum transaction slippage [Short] 28
I was cheated by Alpari RU 1 month ago and complained about it for more than 10 times. They rejected and did not pay me the compensation. It was a fraud platform. It was a great deal of investment in 0.1 lot of transaction under the price of $2500.
ALPARI-RU an BIG SCAM Broker
Alpari RU Scam me about 2 mount ago and i send more then 10 complaint but they don’t accept my request and tell me about business roul not broken i trade 0.1 Lot size and left the trade but when i got daily confirmation Email i see they wraith 1.0 lot size and i loss about 2500 USD and they don’t accept they mistake i send my log zip file and they answer and my daily statement replay and all in a zip file to view all and show how much they SCAM US and we never can do a right compliant all people doing trade with this Broker But when they see loss in him side doing this action and always losser are US . Now I have this information and want someone help me in this way If they are really regulation in some where why they don’t answer our complaint and always in Broker side ? I want Just show You Alparu ru (alpari-forex.com 2) is An scam Broker site and keep this complaint and never want they accept this is a folk of them and 2500 $ is a big money for a trader working with 0.1 lot size after this i told to everybody trade with Sweden or Switzerland or UK or US .
They initially ask for a standard deposit, then straight away ask for you to be placed on their trial account with leverage 1:20. Obviously, they ask that you deposit more money in order to trade or it will be impossible to grow your portfolio. They are pushy, aggressive but yet very professional at how they team together to get more money out of you. Then when you loose some money to bad trades as a result of their terrible guidance, guess what? THEY WANT MORE MONEY otherwise they can't grow your portfolio. We asked to withdraw but they said we weren't eligible.
2021/3/2 3:47:54United States
Unable to withdraw my money. Assetspoor.tech saved the day
Unable to withdraw my money from Alpari. Just last month, I had a very "odd" chat with their support requesting for more money. I'm currently working with (Assetspoor.tech) on recovery of my funds. They have helped a lot of people so i encourage everyone to lodge a complaint with (email@example.com) we need to take Alpari down and get back the money we worked for. Its really unfair how they swindle people of their savings.
2021/2/19 16:05:43United States
Unable to withdraw after several attempts
My experience with this platform hasn't been fair, I registered successfully with no glitch, made deposit successfully but when it came to withdrawal, I began to face different problems. At first, i was told to make more deposit before my money could be processed, which I did but to no avail.
2021/2/14 16:04:15United States
They initially ask for a standard deposit, then straight away ask for you to be placed on their trial account with leverage 1:20. Obviously, they ask that you deposit more money in order to trade or it will be impossible to grow your portfolio. They are pushy, aggressive but yet very professional at how they team together to get more money out of you. Then when you loose some money to bad trades as a result of their terrible guidance, guess what? THEY WANT MORE MONEY otherwise they can't grow your portfolio. We asked to withdraw but they said we weren't eligible. What a joke, we just got burnt and so will you if you choose to invest with Alpari; in which case, financialrecovery.tech has been able to retrieve only 70% of our funds. My big tip: learn how to trade yourself, and do so on a regulated platform.
2021/2/7 2:26:02United States
The feature does not apply to Alpari's PAMM accounts due to limitations pertinent to these types of accounts.
The forex market has always looked glamourous from the outside with money-making opportunities everywhere, especially when it comes to forex brokers. With a high failure rate for forex traders to become successful, shouldn’t forex brokers be all profitable? What is the real reason that so many forex brokers go bust?
For those of you who have never heard the name Jason Noah, CEO, and founder of Forex Kings...I hope this piece of writing helps to navigate and illuminate you as to who this young gentleman and forex trader is, as you well know at Wiki FX we strive to go beyond the call of duty and provide our most open and honest opinion about the brokers we visit and forex influencers that are active within the big wide world of trading, we are here to help connect you to the right companies and right mentors to ensure that as many of you achieve the success you dream of, and this article is no different, take a “walk” with me as we get a better understanding of who Jason Noah and Forex Kings are in the South African forex industry.
As of April 2019, the spot FX market, which includes currency options and futures contracts, exchanged about $6.6 trillion each day. 1 With such a large quantity of money moving about in an unregulated spot market that trades instantaneously, over the counter, and with little accountability, forex scams entice unscrupulous operators to make quick money. While many once-popular scams have faded away owing to the Commodity Futures Trading Commission's (CFTC) aggressive enforcement efforts and the founding of the self-regulatory National Futures Association (NFA) in 1982, some old scams persist, and new ones keep cropping up.
Nigeria's currency rose 0.28 percent compared to the dollar in the official market on Friday, a day after the Central Bank of Nigeria's governor, Godwin Emefiele, insisted on a managed float system.
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The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.
License Type:Retail Forex License
Regulated in Country/AreaBelarus
Regulatory License No.：УНП192637625
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :220004, Minsk, Pobediteley Ave. 7а, office 39
Phone Number of Licensed Institution :375173880508
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation
Alpari international is the business name of Exinity Limited which is regulated by the financial services commission of the republic of Mauritius with an investment dealer license bearing license number c113012295. Traders can get access to various financila instuments through the Alpari international platfrom, including forex instruments, precious metals, commodites, and a series of CFDs.
Alpari International says it offers investors more than 250 trading instruments, including Forex currency pairs, spot precious metals, cryptocurrencies (Bitcoin, Ether, Litecoin, Ripple), CFDs, and binary options.
Alpari International offers four different types of trading accounts: Micro (minimum initial deposit of $5/GBP/EUR/1,000 rubles), Standard (minimum initial deposit of $100/GBP/EUR/20,000 rubles), ECN (MT4 & MT5), and Pro (MT4). The minimum initial deposit for ECN accounts is 500 EUR/USD/GBP/20,000 rubles, and for Pro accounts, the minimum initial deposit is 25,000 GBP/USD/EUR. The maximum number of pending orders is 100 for Micro and Standard accounts and 300 for ECN and PRO accounts, and the account currencies for all accounts are USD, EUR, GBP, RUB.
The Micro account comes with fixed leverage, up to 1:400, while the Standard account offers floating leverage with maximum trading leverage of 1:1000. ECN accounts have maximum trading leverage of 1:1000 (floating), and PRO accounts have maximum trading leverage of 1:300 (floating).
Spreads & Commissions
The minimum spread offered on Micro accounts is 1.7 pips for EURUSD and 1.2 pips for EURUSD on Standard accounts. Spreads on ECN accounts start at 0.4 pips, and commissions are $1.5 per side. Spreads on Pro accounts start at 0.4 pips, and no commissions are charged on transactions.
Alpari International offers two trading platform options, MT4 and MT5. MT5 is a newly upgraded version of MT4, including hedging options, while MT4 is slightly less advanced than the former, but its performance stability is better than the former.
Deposit and Withdrawal
Alpari International offers three main types of deposit methods: local deposits, credit card deposits, and e-wallet deposits. Local deposit methods include FasaPay, local bank deposits in China, wire transfers from local banks in Nigeria, and online banking in China. Credit card deposit methods include VISA, MasterCard, Maestro, and e-wallet deposit methods include Skrill, VLOAD, Neteller, WebMoney, Perfect Money, and Bitcoin Wallet.
Traders can contact Alpari International customer support 24/5, and Saturday and Sunday between 1200 and 2000. While the FAQ section attempts to answer all questions, the live chat function represents the most convenient contact method. Traders may also call, send an e-mail, or connect via Telegram.
Alpari International does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Brazil, Puerto Rico, the Occupied Area of Cyprus.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.