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Saint Vincent and the Grenadines|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|


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+44 2045 77151
Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines


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+44 2045 77151

Broker Information


Company Name

Alpari Limited

Company Abbreviation


Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2024-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Alpari · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Alpari Review Summary in 10 Points
Founded 1998
Registered Country/Region Saint Vincent and the Grenadines
Regulation Not regulated
Marke Instruments Forex, Spot Metals, CFDs
Demo Account Available
Leverage Up to 1:3000
EUR/USD Spread 0.8 pips
Trading Platforms MT4/5, Alpari Mobile, Alpari Invest, Alpari Fix-Contracts
Minimum Deposit 0
Customer Support Phone, Live chat, Email, Address

What is Alpari?

Alpari is a global brokerage firm based in Saint Vincent and the Grenadines. It provides traders with access to market instruments including Forex, Spot Metals, CFDs. However, it is important to note Alpari is currently not regulated by any recognized financial authorities which may raise concerns when trading.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Wide range of trading instruments across multiple asset classes • Not regulated
• Multiple payment methods supported • Limited info on commissions
• Flexible leverage ratios • Not accept clients from some countries
• MT4/5 platforms
Demo accounts available
• Multiple account types
• Multiple customer support channels
• Rich educational resources
• Rich trading analysis tools

Alpari Alternative Brokers

There are many alternative brokers to Alpari depending on the specific needs and preferences of the trader. Some popular options include:

  • IronFX- With a global presence and a wide range of trading instruments, IronFX offers a solid option for traders looking for a comprehensive brokerage service.

  • OANDA- Renowned for its reliable execution and extensive market research tools, OANDA is an excellent choice for traders seeking a reputable and feature-rich forex trading platform.

  • Valutrades- Valutrades is a reputable forex broker that offers a wide range of trading instruments and reliable trading conditions, making it a suitable choice for forex traders looking for a trustworthy platform.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Alpari Safe or Scam?

When considering the safety of a brokerage like Alpari or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Its been verified that the broker is currently not regulated by any recognized financial authorities, which means that there is no guarantee that it is a safe platform to trade with.

  • User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.

  • Security measures: Alpari utilizes the Trailing Stop as a security measure, enabling traders to automatically adjust stop-loss levels as the market moves in their favor. This feature helps protect profits and manage potential losses more effectively, ensuring a safer and more controlled trading experience for its clients.

Ultimately, the decision of whether or not to trade with Alpari is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

Alpari offers a diverse array of market instruments to cater to the trading needs of its clients.

Traders can access a wide range of Forex pairs, including major, minor, and exotic currency pairs, providing ample opportunities to trade in various global currency markets.

In addition to Forex, Alpari also offers spot metals like gold and silver, allowing traders to participate in the precious metals market.

Furthermore, Alpari provides Contract for Difference (CFD) instruments, enabling clients to trade on the price movements of various assets such as stocks, indices, and commodities without owning the underlying asset.

With this comprehensive selection of market instruments, traders have a diverse and dynamic trading environment to explore and capitalize on diverse investment opportunities.


Alpari offers a wide range of trading and investing accounts, catering to various trading preferences and investment goals.

The demo account offered by Alpari allows traders practice and test their trading strategies in a risk-free virtual environment before committing real funds, helping to build confidence and familiarity with the trading platform and instruments.

For trading accounts, traders can choose from options such as nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, and ecn.mt5 Accounts, each with its unique features and capabilities. The minimum deposit required for these trading accounts varies from USD/EUR 0, 20, 100, 300, 500, and 500 respectively, providing flexibility for traders of all levels.

Account Types

For investing accounts, Alpari provides pamm.standard.mt4, pamm.standard.mt5, pamm.ecn.mt4,, and pamm.ecn.mt5 Accounts, allowing investors to allocate their funds to professional traders and strategies. The minimum investment amount for these investing accounts is set at USD/EUR 50, making it accessible for those looking to explore and diversify their investment portfolios.

The wide range of account options cater to the needs of both traders and investors, ensuring a comprehensive and tailored experience for all clients.

Account Types


Alpari offers a diverse selection of trading and investing accounts, each with varying leverage options to suit different trading styles and risk preferences.

For trading accounts, the nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, and ecn.mt5 accounts come with leverage ratios of 1:500, 1:10-1:1000, 1:10-1:1000, 1:2-1:3000, 1:2-1:3000, and 1:2-1:3000, respectively. These leverage ratios allow traders to maximize their potential returns while managing risk effectively.

While for investing accounts, the pamm.standard.mt4, pamm.standard.mt5, pamm.ecn.mt4,, and pamm.ecn.mt5 accounts offer leverage ratios of 1:10-1:1000, 1:10-1:1000, 1:2-1:3000, 1:2-1:3000, and 1:2-1:3000, respectively.

Spreads & Commissions

Alpari offers relatively high floating spreads for traders, with EURUSD spread at 0.8 pips. While commission information is not available upfront, interested traders can directly contact the broker to inquire about commission fees and other trading costs. By reaching out to the broker directly, traders can obtain comprehensive information and assess the overall trading conditions to make informed decisions that align with their individual trading strategies and goals.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commissions
Alpari 0.8 pips Not specified
IronFX From 0.0 pips Variable (depending on account)
OANDA From 0.6 pips No commissions
Valutrades From 0.0 pips $3 per lot traded

Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.

Trading Platforms

Alpari offers a diverse range of trading platforms to cater to the preferences of its clients.

Traders can access the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms on their PCs, iOS devices, and Android devices, allowing for seamless trading experiences across various devices. Additionally, Alpari provides a web-based version of the MT4 platform for added flexibility.

Trading Platforms

For those on the go, Alpari Mobile and Alpari Invest are available on both iOS and Android devices, enabling traders to stay connected and manage their investments with ease. Moreover, Alpari Mobile is specifically available for Android devices, offering a dedicated solution for Android users.

Alpari Mobile and Alpari Invest

Overall, Alparis trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.

See the trading platform comparison table below:

Broker Trading Platforms
Alpari MT4/5, Alpari Mobile, Alpari Invest, Alpari Fix-Contracts
IronFX MT4, WebTrader
OANDA OANDA Trade, MT 4, API Trading
Valutrades MT5, MT4

Trading Tools

As part of its commitment to supporting traders with valuable resources, Alpari offers two essential trading tools: the Economic Calendar and Autochartist.

The Economic Calendar keeps traders informed about upcoming economic events, announcements, and market-moving news, allowing them to anticipate potential market volatility and make informed trading decisions.

Economic Calendar

Besides, Alpari provides Autochartist which includes trading signals as another powerful trading tool for its clients. Autochartist automatically scans price charts, recognizes chart patterns, and key support and resistance levels. It generates real-time alerts and signals, enabling traders to make informed decisions based on the identified patterns.


Copy trading

Alpari offers the innovative feature of copy trading on MetaTrader platforms. Copy trading allows traders to automatically replicate the trades of experienced and successful traders, essentially mirroring their trading strategies and decisions. This service is particularly beneficial for novice traders or those with limited time and expertise, as it allows them to participate in the financial markets without actively managing their trades. By following the actions of skilled traders, clients can potentially benefit from their expertise and achieve similar trading outcomes. Copy trading not only enhances accessibility to the markets but also fosters a collaborative trading community where knowledge and experience can be shared among traders.

Copy trading

Deposits & Withdrawals

Alpari provides a wide range of payment methods to accommodate the diverse needs of its clients.

Traders can choose from options such as bank transfer, bank card of the American payment system, China Union Pay (CUP), FasaPay, AdvCash, GC Pay, bank card of the international payment system, LatAm Online Banking and Terminals, Perfect Money, and Vload eVouchers. Each method comes with different transfer currencies and varying bank commissions, offering flexibility for traders worldwide. The availability of these payment options ensures that clients can conveniently fund their accounts and withdraw funds in their preferred currencies, while also being aware of the associated bank fees. You can check below table for details:

Deposits & Withdrawals

Customer Service

Alpari provides multiple customer service options to assist its clients. Customers can reach out to Alpari through various channels to address their queries and concerns as below:


Phone: +44 2045 771951

Address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines.

Alpari also offers live chat as a convenient customer support method for clients to receive real-time assistance and prompt resolution to their queries and concerns.


Alpari provides valuable educational resources for its clients, and among these offerings are articles about forex and a comprehensive glossary.

The articles about forex cover a wide range of topics related to forex trading, offering insights into market trends, trading strategies, and fundamental and technical analysis. These educational materials empower traders with essential knowledge to make informed decisions and navigate the complexities of the forex market.


Additionally, the glossary serves as a handy reference guide, explaining key terminologies and concepts used in forex trading.



According to available information, Alpari is a non-regulated Saint Vincent and the Grenadines-based brokerage firm. While the firm offers a range of market instruments such as Forex, spot metals and CFDs, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from Alpari before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1: Is Alpari regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does Alpari offer the industry leading MT4 & MT5?
A 2: Yes, it offers MT4/5 platforms.
Q 3: Is Alpari a good broker for beginners?
A3: No. It is not a good choice for beginners. Its been verified the broker currently has no valid regulations from recognized regulatory authorities.
Q 4: Does Alpari offer demo accounts?
A 4: Yes.
Q 5: What is the minimum deposit for Alpari?
A 5: The minimum initial deposit to open an account is 0.
Q 6: At Alpari, are there any regional restrictions for traders?
A 6: Yes. Alpari Comoros does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.


Alpari: Safe or Scam? Here is a detailed Review

NewsAlpari: Safe or Scam? Here is a detailed Review

2023-09-19 17:56

Alpari is a global brokerage firm based in Saint Vincent and the Grenadines. It provides traders with access to market instruments including Forex, Spot Metals, CFDs.

2023-09-19 17:56
Alpari: Safe or Scam? Here is a detailed Review

User Reviews

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more than one year
I've been using Alpari as my forex trading platform, and I must say, the variety of deposit and withdrawal options they offer is impressive. It's a stark contrast to my previous experience with BTIG. The flexibility in funding my account is a pleasant surprise. Additionally, I've opted for the mobile service, and it's incredibly user-friendly.
2024-02-01 10:08
Wilhelmina Featherstonehaugh
more than one year
Despite the trading variety, the lack of regulation and limited information on commissions raised concerns for me. The platform's restriction on clients from certain countries and the overall lack of transparency led me to switch to a more regulated broker.
2023-12-06 11:01
 Una丶Daddy
more than one year
I've had a positive experience with Alpari. Their diverse range of trading instruments and flexible leverage ratios suit my trading style. The MT4/5 platforms are reliable, and the educational resources are valuable. Customer support is responsive, making it a good choice for my trading needs.
2023-12-05 14:00
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