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Rating
/10.00
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!
Benchmark
C
Retail Forex License
NBRB Regulated
Company Name:
AlpariCompany Abbreviation:
AlpariPlace of registration:
Russia
Regulatory Status:
RegulatedCustomer Service Email Address:
info@alpari.comCustomer Service Phone Number:
44 8449 869559Company summary
WikiFX Risk Alerts
Previous Detection: 2021.08.04 Risk: 1 Item
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MT4/5
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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.
FXMIFyly5188
2021/03/02
United States
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 (support@assetspoor.tech) we need to take Alpari down and get back the money we worked for. Its really unfair how they swindle people of their savings.
FXRCQmwl7167
2021/02/19
United States
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.
FXRCQmwl7167
2021/02/14
United 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.
FXMIFyly5188
2021/02/07
United States
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
Belarus
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 :
375173880508Licensed Institution Certified Documents :
艾福瑞 View Certified Documents Alpari 白俄罗斯牌照信息--20190218更新 View Certified Documents
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Basic Information & Regulation of Alpari
Alpari International is a Russian registered online broker, founded in 1998, with 20 years of experience in the Forex industry and 8 offices worldwide. Alpari International is currently regulated by the National Bank of Belarus and holds its authorized retail Forex license under the regulatory number УНП192637625.
Financial Markets
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.
Account Types of Alpari
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 of Alpari
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 of Alpari
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 Available of Alpari
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 of Alpari
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.
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