Regulated
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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!
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Single Core
1G
40G
Alpari
448449869559
info@alpari.com
5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius
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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!
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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.
Current Status:
RegulatedLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.:
УНП192637625Email Address of Licensed Institution :
info@alpari.byLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
220004, Minsk, Pobediteley Ave. 7а, office 39Phone Number of Licensed Institution :
375173880508No data
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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.
Markets Instruments
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.
Minimum Deposit
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.
Leverage
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.
Trading Platforms
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.
Customer Support
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.
Accepted Regions
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.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
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.