Alpari Review

 

Overall, Alpari can be summarised as a trustworthy and highly regulated Forex Broker that offers access to micro accounts for beginners and traders of all experience levels. Alpari offers high leverage and competitive spreads. Alpari has a trust score of 67 out of 99.

 

📈Order Execution	4/5
💰Commissions and Fees	4/5
📉Range of Markets	3/5
📊Variety of Markets	3/5
⏰Withdrawal Speed	4/5
🤝Customer Support	4/5
💻Trading Platform	4/5
🎓Education	3/5
📖Research	3/5
🖋️Regulation	2/5
📱Mobile Trading	4/5
💹Trust Score	68%

 

 

Alpari Review – Analysis of Broker’s Main Features

 

1. ☑️ Alpari Overview
2. ☑️ Alpari Detailed Summary
3. ☑️ Alpari’s Advantages Over Competitors
4. ☑️ Who will Benefit from Trading with Alpari?
5. ☑️ Alpari Safety and Security
6. ☑️ Alpari Bonus Offers and Promotions
7. ☑️ Alpari Affiliate Program Features
8. ☑️ Alpari Minimum Deposit
9. ☑️ Alpari Account Types and Features
10. ☑️ How to Open and Close an Alpari Account
11. ☑️ Alpari MAM / PAMM Features
12. ☑️ Social Trading with Alpari
13. ☑️ Alpari Trading Platforms
14. ☑️ Which Markets Can You Trade with Alpari?
15. ☑️ Alpari Fees, Spreads, and Commissions
16. ☑️ Alpari Deposits and Withdrawals
17. ☑️ Alpari Education and Research
18. ☑️ Alpari Customer Support
19. ☑️ Alpari Trading Signals
20. ☑️ Alpari Cashback Rebates Features and Conditions
21. ☑️ Alpari Web Traffic Report
22. ☑️ Alpari Geographic Reach and Limitations
23. ☑️ Best Countries by Traders
24. ☑️ Alpari vs Plus500 vs LiteFinance – A Comparison
25. ☑️ Alpari Alternatives
26. ☑️ Alpari Awards and Recognition
27. ☑️ Our Experience with Alpari
28. ☑️ Recommendations according to our in-depth review of Alpari
29. ☑️ Alpari Customer Reviews
30. ☑️ Pros and Cons of Trading with Alpari
31. ☑️ In Conclusion
32. ☑️ Frequently Asked Questions

 

 

 

Alpari Overview

 

Alpari is a well-known trading platform that offers various financial instruments, including forex, commodities, indices, and cryptocurrencies. It was founded in 1998 and has gained global recognition and a strong presence in the United Arab Emirates (UAE).

One of Alpari’s distinguishing features is its wide range of account types, which cater to traders of all experience levels. The platform has something for everyone: micro accounts for beginners or ECN accounts for experienced traders.

Another area where Alpari excels is leverage. The platform provides up to 1:1000 leverage, allowing traders to maximize their profit potential. However, Emirati traders should know that high leverage comes with increased risks.

Spreads are competitive, particularly for major currency pairs, and can be as low as 0.4 pips, depending on account type. Alpari also offers Islamic accounts specifically designed to meet the needs of Muslim traders per Sharia law.

Another noteworthy aspect is the trading platform selection. Alpari provides MetaTrader 4 and MetaTrader 5, the industry’s most popular trading platforms.

These platforms include various trading tools and features, including one-click trading, multiple chart setups, and several indicators and technical analysis tools.

 

 

Alpari Detailed Summary

 

🔑Broker	🥇Alpari Markets
🏠Headquartered	Saint Vincent and the Grenadines
🌎Global Offices	Mauritius, Nigeria, Saint Vincent and the Grenadines
📈Local Market Regulators in Dubai	Dubai Financial Services Authority (DFSA)
📉Foreign Direct Investment in Dubai	23 billion USD (2022)
💴Foreign Exchange Reserves in Dubai	158 billion USD (July 2024)
🚩Local office in Dubai	None
🔢Governor of SEC in Dubai	Khaled Mohamed Balama is the Governor of the Central Bank of the UAE
➡️Accepts Dubai Traders	✅Yes
📰Year Founded	1998
☎️Dubai Office Contact Number	None
📱Social Media Platforms	Facebook X Instagram
📖Regulation	Financial Services Commission Mauritius (FSC)
🟥Tier-1 Licenses	None
🟧Tier-2 Licenses	None
🟨Tier-3 Licenses	Financial Services Commission of Mauritius (FSC) under Exinity Limited
🔢License Number	C113012295
🔎DFSA Regulation	None
🌎Regional Restrictions	The United States, Japan, Canada, Australia, the Democratic Republic of Korea, the European Union, the United Kingdom, Syria, Sudan, Cuba, Iran, Mauritius, Haiti, Suriname, Brazil, Puerto Rico
☪️Islamic Account	✅Yes
💹Demo Account	✅Yes
🆓Non-expiring Demo	✅Yes
⏱️Demo Duration	Unlimited
✳️Retail Investor Accounts	4
🗺️PAMM Accounts	✅Yes
💧Liquidity Providers	Unknown
👥Affiliate Program	✅Yes
📝Order Execution	Instant, Market
🖋️OCO Orders	None
▶️One-Click Trading	✅Yes
📈Scalping	✅Yes
📊Hedging	✅Yes
🎓Expert Advisors	✅Yes
🗞️News Trading	✅Yes
🌐Trading API	None
⏱️Starting spread	0.4 pips EUR/USD
💰Minimum Commission per Trade	$3 per lot
✴️Decimal Pricing	5th Decimal after the comma
🔊Margin Call	From 60% to 120%
⛔Stop-Out	From 30% to 100%
💵Minimum Trade Size	0.01 lots
💶Maximum Trade Size	250 lots
🪙Crypto trading offered	None
💹Offers an AED Account	None
👤Dedicated Dubai Account Manager	None
📈Maximum Leverage	Floating from 1:300 or 1:1000 Fixed up to 1:400
❌Leverage Restrictions for Dubai	Yes, according to the account type
📉Minimum Deposit (AED)	18 AED ($5)
💷Deposit Currencies	USD, IDR, CNY, MXN, EGP, AFN, INR, ILS, GHS, UGX, KES, MYR, THB, VND, BRL, CLP, TRY, NGN, GBP, EUR, IQD, PLN, CZK, BTC, ETH, LTC, DASH, XRP, USDT, AED
✔️AED Deposits Allowed	✅Yes
💴Account Base Currency	EUR, USD, GBP, NGN
📊Active Dubai Trader Stats	49,000+
⏩Active Dubai-based Alpari customers	Unknown
🔃Dubai Daily Forex Turnover	13.1 billion USD
💳Deposit and Withdrawal Options	Bank Transfers Debit and Credit Cards Electronic Payment Gateways Bank Wire Transfers
ℹ️ Minimum Withdrawal Time	Instant
📌Maximum Estimated Withdrawal Time	3 to 5 Business Days
⌚Instant Deposits and Instant Withdrawals	✅Yes, several
🏦Segregated Accounts with Emirati Banks	None
💻Trading Platforms	MetaTrader 4 MetaTrader 5 Alpari Mobile App
⏰Trading Platform Time	Eastern European Time (EET)
👁️‍🗨️Observe DST Change	None
⏲️DST Change Time zone	Eastern European Time (EET)
💱Tradable Assets	Forex Precious Metals Commodities Stocks Indices
🚩Offers USD/AED currency pair	None
⏱️USD/AED Average Spread	None
💎Offers Emirati Stocks and CFDs	None
📲Languages supported on the Website	English, Chinese (Simplified), Chinese (Traditional), Persian, Indonesian, Spanish, Filipino, Portuguese, Malaysian
👥Customer Support Languages	Multilingual
🤝Copy Trading Support	✅Yes
⏰Customer Service Hours	24/5
🛎️Dubai-based customer support	None
💸Bonuses and Promotions for Dubai Traders	✅Yes
🧮Education for Emirati beginners	✅Yes
🗂️Proprietary trading software	✅Yes
🏆Most Successful Trader in Dubai	Several – Yasser R, Ali A, Maaz A, Warren Takunda
🏷️Is Alpari a safe broker for Dubai Traders	✅Yes
📈Rating for Alpari Dubai	9/10
🦾Trust score for Alpari Dubai	68%

 

 

Alpari’s Advantages Over Competitors

 

Alpari has the following advantages over competitors:

 

• ✅Alpari uses cutting-edge technology to provide a technologically advanced forex trading environment. Emirati traders benefit from this because they can access the most up-to-date tools and features, making well-informed trading decisions based on real-time data and analysis.
• ✅Alpari takes pride in providing high-quality, efficient customer service.
• ✅One of Alpari’s main benefits is its range of trading accounts. This variety ensures traders of all skill levels can find an account that meets their needs and goals.
• ✅Alpari stands out from its competitors due to its competitive trading environment with costs.
• ✅Alpari offers a variety of deposit and withdrawal options.

 

 

Finally, Alpari is regulated by the International Financial Commission, which adds an extra layer of security for its clients.

 

 

 

Who will Benefit from Trading with Alpari?

 

• ✅Alpari’s PAMM accounts allow you to earn passive income by investing in seasoned traders’ strategies. This feature benefits Emirati traders looking to diversify their portfolios and generate additional income.
• ✅Because Alpari offers diverse trading instruments, including Forex, commodities, indices, cryptocurrencies, and stocks, Emirati traders with diverse trading interests will find options that suit them.
• ✅These traders can use Alpari’s cutting-edge technology to make more informed decisions and earn more money.
• ✅There is a loyalty program on the platform that rewards frequent trading. This is especially advantageous for Emirati active traders, as it can help reduce overall trading costs and potentially increase profitability.
• ✅With over 25 years in the industry, Alpari has built a reputation as a trustworthy and dependable broker. Emirati traders who value these characteristics will find Alpari a valuable trading partner.
• ✅Alpari caters to experienced traders by providing advanced trading tools and features such as MetaTrader 4 and 5, making it ideal for Emirati traders with high expertise.

 

 

What kind of cashback does Alpari offer?

Alpari has a unique Cashback program where traders can earn points converted into real money or trading benefits.

 

Are there affiliate opportunities with Alpari?

Yes, Alpari offers a comprehensive affiliate program with a flexible reward structure and multiple earning opportunities.

 

 

 

Alpari Safety and Security

 

Alpari Regulation in Dubai

 

Alpari is not regulated by the Dubai Financial Services Authority (DFSA). However, Alpari’s global regulations are listed in the table below:

 

🔑Registered Entity	🌎Country of Registration	📌Registration Number	📍Regulatory Entity	📈Tier	📉License Number/Ref
Alpari	Mauritius	N/A	FSC	3	C113012295

 

Alpari Protection of Client Funds

 

🔑Security Measure	📌Information
🔏Segregated Accounts	✅Yes
🔒Compensation Fund Member	✅Yes, membership can be verified here
🔓Compensation Amount	20,000 EUR
🗝️SSL Certificate	None
🔑2FA (Where Applicable)	✅Yes
🔒Privacy Policy in Place	✅Yes
🔏Risk Warning Provided	✅Yes
🔐Negative Balance Protection	✅Yes
🔓Guaranteed Stop-Loss Orders	None

 

Alpari Security while Trading

 

The International Financial Commission regulates Alpari, providing a basic level of regulatory oversight that adds a layer of protection for Emirati traders.

While a top-tier regulatory body does not regulate Alpari, its oversight gives traders some peace of mind about the safety of their investments.

 

Furthermore, Alpari has the following security features in place:

 

• ✅An extra layer of security requires not only a password and username but also a piece of information that only the user can access, such as a mobile device.
• ✅SSL (Secure Socket Layer) technology is used to encrypt data transferred between a trader and a broker, making sensitive information unreadable to third parties.
• ✅Firewalls are network security systems that monitor and control traffic based on predefined security rules.
• ✅Physical and electronic safeguards for servers where data is stored, typically in secure locations with restricted access.
• ✅Tools for monitoring account activity to detect unusual patterns or behaviors that may indicate unauthorized or fraudulent activity.
• ✅Customer funds are frequently kept separate from Alpari’s operational funds, which can add an extra layer of protection against misuse of funds.

 

Pros and Cons Regulation and Safety of Funds

 

✅Pros	❎Cons
The IFSC regulates Alpari; while a Tier-3 regulator, it is better than being unregulated	Alpari has no Tier-1 or 2 regulation
Alpari uses several security features to protect traders	Alpari is a high-risk broker

 

 

Are client funds segregated at Alpari?

Yes, Alpari keeps client funds separate from Alpari’s operational funds in segregated accounts for added security.

 

What steps has Alpari taken to ensure platform security?

Alpari uses SSL encryption and two-factor authentication.

 

 

 

Alpari Bonus Offers and Promotions

 

Alpari offers Emirati traders the following bonuses and promotions:

 

• ✅Referral Bonus

 

The referral bonus program at Alpari is specifically designed to reward existing clients for referring new traders to the platform. Emirati traders can easily participate by referring friends and family to a unique referral link.

When someone registers with Alpari through this link, the referring client receives a bonus whose value is determined by the terms of the current promotion. This program benefits all parties involved by creating a win-win situation.

For example, when Alpari acquires a new client, the referrer is rewarded with a trading bonus, and the referred client is frequently rewarded with a deposit bonus.

However, the referred client must meet certain conditions for the referrer to receive their bonus, such as depositing a certain amount or trading a certain volume.

There may also be restrictions, such as the number of people who can be referred and the maximum amount for the bonus. As a result, before participating in the referral bonus program, Emirati traders must familiarize themselves with the program’s terms and conditions.

 

 

Are there any special promotions for active traders?

Yes, Alpari frequently offers promotions tailored to active traders, such as cashback rebates.

 

Can I combine multiple bonus offers?

No, bonus offers cannot be combined, and customers can only select one at a time.

 

 

 

Alpari Affiliate Program Features

 

The Alpari Affiliate Program includes various features and benefits to improve the affiliate experience. Here’s a rundown of its main features:

 

• ✅The program’s reward structure is flexible. Affiliates earn money for each new client who registers and meets the requirements. The rewards can be cash bonuses, commission payments, or other incentives, depending on the promotion.
• ✅Because Alpari is a globally recognized name in the financial industry, Emirati traders can use the brand’s credibility to attract new clients. This boosts their earning potential through the affiliate program.
• ✅Alpari provides a variety of promotional materials to its affiliates. These include everything from banners and logos to videos, allowing for effective marketing strategies to attract new customers.
• ✅The Alpari affiliate program is known for its transparency. Affiliates can easily track referrals, earnings, and other key performance indicators. This transparency contributes to the continuous optimization of affiliate strategies.
• ✅Emirati traders can generate personalized referral links through their Partner Account, which they can share with their networks. These custom links make tracking and rewarding referrals easier.
• ✅The program is not limited to trading accounts but includes investment products and educational resources from Alpari. This provides affiliates with additional earning opportunities to target different market segments and maximize earnings.

 

How to open an Affiliate Account with Alpari

 

To register an Affiliate Account, Emirati traders can follow these steps:

 

• ✅The first step is to sign up for the myAlpari client portal. This platform will provide Emirati traders with access to various account management tools and resources required for partnership activities.
• ✅After successfully registering with myAlpari, the next step is to create a Partner Account. This specialized account is intended for those who want to become affiliates with Alpari.
• ✅Emirati traders with a Partner Account can begin promoting Alpari to their network. To attract new clients, they can share their unique referral links via various channels such as social media and email.
• ✅Emirati traders will be rewarded for each new client who registers through their referral link and meets the required conditions. The reward structure may include cash bonuses, commission payments, and other incentives.

 

 

Who can open an affiliate account with Alpari?

Individuals and businesses who want to refer clients to Alpari can sign up for an affiliate account.

 

Is there a fee for becoming an affiliate?

No, there is no cost to become an Alpari affiliate.

 

 

 

Alpari Minimum Deposit

 

🔑Live Account	💴Minimum Dep.
🥇Standard	367 AED/$100
🥈Micro	18 AED/$5
🥉ECN	1,800 AED/$500
🏆Pro	91,800 AED/$25,000

 

Are there any promotions that can affect the minimum deposit?

Yes, Alpari will occasionally run promotions that will lower the minimum deposit requirement for a limited time.

 

Can I start trading immediately after meeting the minimum deposit?

Yes, you can begin trading once the minimum deposit is met and the funds are cleared.

 

 

 

Alpari Account Types and Features

 

🔑Live Account	💴Minimum Dep.	📈Average Spread	💵Commissions	💷Average Trading Cost
🥇Standard	$100	1.2 pips	None	12 USD
🥈Micro	$5	1.7 pips	None	17 USD
🥉ECN	$500	0.4 pips	3 USD	7 USD
🏆Pro	$25,000	0.4 pips	None	4 USD

 

Alpari Standard Account

 

Alpari’s Standard Account is adaptable and suitable for both new and experienced traders. It gives you access to various financial instruments, including more than 61 Forex pairs, commodities, and 11 global equity indices.

 

🔑Account Feature	ℹ️ Value
💵Base Account Currency Options	USD, EUR, GBP, NGN
💷Minimum Deposit	100 USD, EUR, GBP, or 20,000 NGN
📉Maximum Deposit	None
📈Maximum Leverage	Floating from 1:1000
💰Commission Charges	None
Trading Platform offered for this account	MetaTrader 4 only
⏱️Average Spread	Floating from 1.2 pips
📍Order Execution Type	Instant
📊Margin Call (%)	60%
⛔Stop-Out (%)	40%
🔃Swap-Free Option	✅Yes
💹Range of Markets	61 Forex Pairs 5 Precious Metals 14 CFDs
⬇️Minimum Trade Volume	0.01 lots
💳Maximum Trade Volume	30 lots
📝Maximum Number of Orders	Unlimited
🪙Maximum Order Volume	100 Lots
⏰Maximum Pending Orders	100 Lots

 

 

Alpari Micro Account

 

Alpari’s Micro Account is a good option for those who prefer lower risk and smaller trade sizes. It has the same features as the Standard Account but with smaller contract sizes.

 

🔑Account Feature	ℹ️ Value
💵Base Account Currency Options	USD, EUR, GBP, NGN
💷Minimum Deposit	5 USD, EUR, GBP or 1,000 NGN
💶Maximum Deposit	None
📈Maximum Leverage	Fixed, 1:400
💱Trading Platform offered for this account	MetaTrader 4 only
💰Commission Charges	None
⏱️Average Spread	Floating from 1.7 pips
📍Order Execution Type	Instant Execution
🧮Margin Call (%)	50%
⛔Stop-Out (%)	30%
🔃Swap-Free Option	✅Yes
📊Range of Markets	25 Forex Pairs 2 Precious Metals
📉Minimum Trade Volume	0.01 lots
💹Maximum Trade Volume	1 Lot
📝Maximum Number of Orders	1,000 cent Lots
📒Maximum Order Volume	5 lots
⏰Maximum Pending Orders	100 lots

 

 

Alpari ECN Account

 

More experienced traders may find the Alpari ECN Account appealing because it provides direct market access. This account includes features such as instant execution and tight spreads, as well as the ability to place pending orders up to two spreads from the current price level.

 

🔑Account Feature	ℹ️ Value
📈Base Account Currency Options	USD, EUR, GBP, NGN
📉Minimum Deposit	500 USD, EUR, GBP, or 20,000 NGN
💵Maximum Deposit	None
💶Maximum Leverage	Floating from 1:1000
💴Trading Platform offered for this account	MetaTrader 4 and MetaTrader 5
💰Commission Charges	$1.5 per lot, per side
⏱️Average Spread	Floating, from 0.4 pips
📍Order Execution Type	Market
📊Margin Call (%)	100%
⛔Stop-Out (%)	80%
🔁Swap-Free Option	✅Yes, only on MetaTrader 4
💱Range of Markets	MetaTrader 4 - 56 Pairs on Forex, 3 Spot Metals, 25 Spot CFDs MetaTrader 5 - 57 Forex Currency Pairs, 2 Spot Metals, 14 Spot CFDs
⬇️Minimum Trade Volume	0.01 lots
🪙Maximum Trade Volume	50 lots
📝Maximum Number of Orders	Unlimited
💹Maximum Order Volume	Unlimited
⏰Maximum Pending Orders	300 lots

 

 

Alpari Pro Account

 

Alpari’s Pro Account is designed specifically for professional traders and offers institutional-level spreads. To be eligible for this account, traders must always maintain a minimum balance of 25,000 EUR/GBP/USD.

 

🔑Account Feature	ℹ️ Value
💵Base Account Currency Options	USD, EUR, GBP, NGN
💶Minimum Deposit	25,000 USD, EUR, GBP
🪙Maximum Deposit	None
💷Maximum Leverage	Floating from 1:300
📍Trading Platform offered for this account	MetaTrader 4 only
💰Commission Charges	None
⏱️Average Spread	Floating, from 0.4 pips
▶️Order Execution Type	Market
🔢Margin Call (%)	120%
⛔Stop-Out (%)	100%
🔃Swap-Free Option	✅Yes, Only on MetaTrader 4
📊Range of Markets	54 Forex Pairs 3 Spot Metals
📉Minimum Trade Volume	0.01 lots
📈Maximum Trade Volume	250 lots
📝Maximum Number of Orders	Unlimited
📒Maximum Order Volume	Unlimited
⏰Maximum Pending Orders	300 lots

 

 

Alpari Demo Account

 

Alpari’s demo account is a valuable tool for traders to hone their skills without risking personal funds. The demo account is intended to simulate the live trading environment and provides access to various financial instruments such as Forex, commodities, indices, cryptocurrencies, and stocks.

The Alpari demo account is compatible with popular trading platforms like MetaTrader 4 and 5. This makes it an ideal environment for new traders looking for hands-on experience and seasoned traders looking to test new strategies.

One of the primary benefits is the ability to simulate trading with varying amounts of capital, regardless of the actual funds a trader has.

While the demo account cannot fully replicate the outcomes of live trading, it is still an effective tool for Emirati traders to hone their trading skills and become acquainted with market operations.

 

 

Alpari Islamic Account

 

Alpari provides an Islamic Account tailored to Muslim traders‘ financial ethics and religious commitments. This account’s distinguishing feature is its swap-free nature, eliminating overnight interest charges or credits per Islamic financial principles.

This specialized account enables Muslim traders, including those from the UAE, to engage in forex trading without jeopardizing their religious obligations.

In terms of trading conditions, the Islamic Account is similar to Alpari’s standard accounts in that it provides access to a wide range of financial instruments and platforms.

Furthermore, the Alpari Islamic account is simple to open, making it a good choice for Emirati traders who want to navigate the forex market per Islamic doctrines.

 

 

Alpari Professional Account

 

The Alpari Professional Account is designed to meet the needs of advanced traders, and it includes several sophisticated trading features and tools. This account type offers institutional-level spreads significantly lower than Alpari’s standard accounts.

To take advantage of these competitive spreads, traders must keep a minimum account balance of 25,000 EUR/GBP/USD.

Furthermore, the account includes advanced features such as placing pending orders within two spreads of the current price, allowing professional traders to make well-informed decisions.

Furthermore, the Professional Account is compatible with the MetaTrader 4 and 5 platforms, allowing users to select the best trading environment that suits their needs.

However, it is important to note that the account charges a commission of $1.5 per lot per side. Given the $500 minimum deposit requirement, the Professional Account is intended for traders with substantial capital.

 

 

 

Pros and Cons of Alpari Account Types and Features

 

✅Pros	❎Cons
Alpari offers a Micro Account denominated in cents	Most brokers, unlike Alpari, ensure zero-pip spreads on commission-based accounts
Traders can choose between fixed and floating spreads	There are limited account currency options
Alpari has commission-free trading options	The instruments offered by Alpari are not evenly distributed across account types
The spreads charged by Alpari start from 0.4 pips EUR/USD	The spreads on commission-free accounts are wide

 

 

Is it possible to switch between Alpari account types?

Yes, you can switch between account types; however, certain conditions and requirements may apply.

 

Do Alpari accounts offer leverage?

Yes, leverage options are available, but they vary depending on account type and regulatory constraints.

 

 

Alpari Base Account Currencies

 

The base account currencies available to Emiratis include the following:

 

• ✅USD
• ✅EUR
• ✅GBP
• ✅NGN

 

Alpari Basic Order Types

 

• ✅A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
• ✅Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at the market to enter the trade immediately.
• ✅A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
• ✅This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.

 

 

Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.

 

 

How to Open and Close an Alpari Account

 

How to open an Alpari Account

 

To open an account with Alpari, Emiratis can follow these steps:

 

• ✅Emiratis should decide whether to open a Standard Account, Micro Account, ECN Account, or Pro Account.
• ✅Go to https://www.alpari.org/register/open-account to access the Alpari website.
• ✅Complete the registration form with your personal information, such as your name, email address, and phone number.
• ✅Submit the necessary verification documents, such as a copy of your passport or national identification card.
• ✅Select a payment method and transfer the funds required to activate the account.

 

 

Log in to the trading platform to begin trading once the account has been funded.

 

 

How long does the verification process take with Alpari?

After you have submitted all of the required documents, verification can take up to 24-48 hours.

 

Do I need to download any software to open an account with Alpari?

No, the entire registration process can be completed online.

 

 

How to Close an Alpari Account

 

To close a live trading account with Alpari, Emirati traders can follow these steps:

 

• ✅The first step for Emirati traders is to contact Alpari and request that their accounts be closed. Traders can call or email their broker to request their account be closed.
• ✅Before closing an account, Emirati traders must ensure that all open positions are closed. If traders fail to close all open positions, Alpari may do so on their behalf, potentially incurring additional charges.
• ✅Once all of the preceding steps have been completed, traders should submit a formal request to Alpari to close the account.
• ✅This request should include important details such as the trader’s name, account number, and the specific reasons for closing the account.
• ✅Before submitting the closure request, make sure there are no pending orders.

 

 

After the account has been officially closed, Emirati traders can withdraw any funds that remain in the account.

 

 

How long does it take to process the Alpari account closure?

The time it takes to close an account varies, but it can take up to 5 business days in most cases.

 

What happens to my earned Alpari cashback or bonuses when I close my account?

All pending cashback or bonuses may be lost if the account is closed.

 

 

 

Alpari MAM / PAMM Features

 

The Alpari PAMM (Percentage Allocation Management Module) service is a well-known platform that fosters a mutually beneficial relationship between traders and investors.

PAMM accounts, unique to Alpari, allow investors to profit without personally trading. They can allocate their funds to skilled traders in exchange for a cut of the profits generated by trading those funds.

Alpari has expanded its service to include PAMM portfolios and standalone PAMM accounts. These portfolios combine various PAMM accounts, providing investors with a diversified investment vehicle that allows them to mitigate risks associated with single-account exposure.

Alpari upholds high transparency standards; their PAMM service is subject to international auditing, the results of which are made available to investors through the myAlpari platform.

Furthermore, the platform gives investors control over their money. They can withdraw profits or their entire investment capital and manage risks by diversifying their holdings across different PAMM accounts or by opting for pre-curated PAMM portfolios.

 

 

How can I find suitable PAMM managers to invest with on Alpari’s platform?

Alpari provides a list of PAMM managers, trading performance statistics, and strategies to help investors select suitable managers.

 

Is there a minimum investment required to participate in Alpari’s PAMM program?

The minimum investment amount in Alpari’s PAMM accounts varies depending on the account and manager, so it is critical to read each detail.

 

 

 

Social Trading with Alpari

 

Alpari CopyTrade is Alpari’s social and copy trading feature that provides a unique opportunity for Emirati traders to mimic the trading strategies of seasoned professionals or Strategy Managers.

One of the most appealing aspects of this feature is its ability to save time by allowing traders to avoid the rigors of market research. According to studies, users who use copy trading strategies have a 10% higher success rate than those who trade manually.

Alpari’s International Top Ranking Strategy Manager list makes it simple for Emirati traders to identify promising Strategy Managers. This list includes traders who have consistently outperformed the market, making them excellent candidates for copy trading.

The platform also provides copy equity flexibility, allowing traders to control the volume of trades copied to their accounts.

If an investor specifies a copy equity of 6,000 and the Strategy Manager’s trade volume is 5,000, the trades will be copied at a coefficient of 1.2 or 120% of the original volume.

One of Alpari’s competitive advantages is its diverse trading conditions, catering to novice and expert traders. The platform goes above and beyond by providing simplified explanations of trading terms commonly used in copy trading.

This demystifies the process and makes it more approachable, allowing it to appeal to a broader range of Emirati traders.

Overall, Alpari’s social and copy trading features provide a solid and adaptable solution for those looking to profit from the market while reducing research time.

 

 

Can I exit a trader’s strategy anytime with Alpari Social Trading?

Yes, anytime you can unfollow a trader and exit their strategy.

 

Are performance statistics available for traders with Alpari social trading?

Yes, performance metrics can be used to make informed decisions.

 

 

 

 

Alpari Trading Platforms

 

Alpari offers Emirati traders a choice between these trading platforms:

 

• ✅MetaTrader 4
• ✅MetaTrader 5
• ✅Alpari Mobile App

 

 

Alpari’s MetaTrader 4

 

Alpari’s MetaTrader 4 (MT4) platform is praised for its user-friendly interface and advanced charting tools.

The ability to trade directly from charts is unique to Alpari’s MT4, allowing Emirati traders to execute trades based on technical analysis quickly. MT4 also includes a plethora of technical indicators and drawing tools for customization.

 

 

Alpari’s MetaTrader 5

 

On the other hand, Alpari’s MetaTrader 5 (MT5) platform offers a broader range of financial instruments and advanced trading capabilities.

The integrated economic calendar is a standout feature on Alpari’s MT5, providing real-time insights into economic events that can impact market conditions and assisting Emirati traders in making well-informed decisions.

 

 

Alpari Mobile App

 

Alpari offers a mobile trading app for iOS and Android devices for those who prefer to trade on the go.

The Alpari Mobile App‘s consolidated investment management is a distinguishing feature. It enables Emirati traders to manage all of their investments, from forex and stocks to cryptocurrencies, through a single interface, making monitoring and managing portfolios easier.

 

 

Pros and Cons of Alpari Trading Platforms

 

✅Pros	❎Cons
Alpari supports the third-party MetaTrader 4 and 5	Alpari’s platform is limited to mobile devices
The Alpari app is available on iOS and Android devices	Alpari does not support other third-party platforms like cTrader, TradingView, ZuluTrade, or DupliTrade

 

 

Is automated trading possible on Alpari?

Yes, Expert Advisors (EAs) are supported in MetaTrader 4 and MetaTrader 5.

 

Can I customize the Alpari MetaTrader trading interface?

Yes, MetaTrader platforms allow you to customize your interface.

 

 

 

Which Markets Can You Trade with Alpari?

 

Emirati traders can expect the following range of markets from Alpari:

 

• ✅Forex
• ✅Precious Metals
• ✅Commodities
• ✅Shares
• ✅Indices

 

Financial Instruments and Leverage offered by Alpari

 

🔑Instrument	🅰️Number of Assets Offered	🅱️Max Leverage Offered
📈Forex	61	1:1000
🪙Precious Metals	5	1:500
📉Commodities	3	1:500
📊Shares	10	1:5
💹Indices	20	1:500

 

Broker Comparison for a Range of Markets

 

🔑Broker	🥇Alpari	🥈Plus500	🥉LiteFinance
📈Forex	✅Yes	✅Yes	✅Yes
🗝️Precious Metals	✅Yes	✅Yes	✅Yes
📌ETFs	None	✅Yes	None
📍CFDs	✅Yes	✅Yes	✅Yes
💹Indices	✅Yes	✅Yes	✅Yes
📊Stocks	✅Yes	✅Yes	✅Yes
🪙Cryptocurrency	None	✅Yes	✅Yes
🔍Options	None	✅Yes	None
💡Energies	✅Yes	✅Yes	✅Yes
💴Bonds	None	None	None

 

Pros and Cons Alpari Range of Markets

 

✅Pros	❎Cons
Alpari offers 61 forex pairs across major, minor, and exotics	Alpari has an extremely limited product portfolio compared to other brokers
Emirati traders can trade forex with leverage up to 1:1000	While Alpari states that traders have access to leverage up to 1:2000 per the account types, the leverage and margin section limits leverage to 1:1000 on forex major pairs

 

 

Can I trade ETFs with Alpari?

No, Alpari does not currently offer ETF trading.

 

Are micro lots available for trading with Alpari?

Yes, for certain types of accounts, Alpari offers micro-lots.

 

 

 

Alpari Fees, Spreads, and Commissions

 

Alpari Spreads

 

The spreads implemented by Alpari on a trader’s live account may vary depending on the trader’s account type, the financial instrument being traded, and the current market conditions.

Alpari strives to provide competitive pricing and spread transparency. It is important to note that the average spreads for traders who use Alpari’s services may fluctuate and change.

These spreads are meticulously calculated to provide Alpari clients with a fair and efficient trading environment. Here are some of the typical spreads that Emiratis can expect from Alpari:

 

• ✅Standard Account – 1.2 pips EUR/USD
• ✅Forex Micro Account – 1.7 pips EUR/USD
• ✅Forex ECN Account – 0.4 pips EUR/USD
• ✅Forex Pro Account – 0.4 pips EUR/USD

 

Alpari Commissions

 

Alpari traders who choose an ECN MT4/MT5 account can trade at a fixed fee per lot. The account’s base currency determines the commission rate and only applies when a position is opened.

This commission covers both the opening and closing of the transaction, allowing traders to calculate costs simply and transparently.

Alpari provides clarity and allows traders to make informed decisions about their trading activities by offering a commission-based structure. The following are the typical commissions that traders can expect:

 

💰Commission	💵USD	💶EUR	💷GBP
📈Forex	3 USD per lot	2.6 USD per lot	2.35 USD per lot
🪙Precious Metals	3 USD per lot	2.6 USD per lot	2.35 USD per lot
📊Commodities	7 USD per lot	6 USD per lot	5.50 USD per lot
💹Indices	4 USD per lot	3.50 USD per lot	3.15 USD per lot

 

Alpari Overnight Fees, Rollovers, or Swaps

 

When holding positions open overnight, traders should consider swap fees and other associated costs.

Swaps are interest payments made on leveraged positions. Individuals essentially borrow one currency to purchase another when engaging in currency trading. The swap interest fee is calculated by taking the difference in interest rates between the traded currencies.

Swap fees should be factored into trading strategies and financial considerations because they contribute to the overall cost of maintaining open positions.

 

The following are some examples of typical swap fees:

 

🔑Instrument	➡️Short Swap	↪️Long Swap
EUR/USD	0.6 pips	-0.73 pips
XAG/USD	0.9 pips	-1 pips
XAU/USD	13.1 pips	-14.9 pips

 

Deposit and Withdrawal Fees

 

Alpari takes pride in not charging any fees for deposits made into client accounts.

It is important to note, however, that when it comes to withdrawing funds, several payment providers are available, each with its policies and potential withdrawal fees. These fees are set by the respective payment providers, not by Alpari.

 

• ✅FasaPay – 0.5%
• ✅African Local Solutions – 1 USD
• ✅South-East Asia Online Banking – 1.4%
• ✅Latin American Solutions – (Mexico) 1% + 1 EUR
• ✅African Local Solutions (C) – 1 USD
• ✅Online Bank Malaysia – 2%
• ✅Online Bank Indonesia – 2%
• ✅Online Bank Vietnam – 2%
• ✅Ngan Luong – 1.1% + 0.05 USD
• ✅Visa, Mastercard, Maestro – 2 EUR, 3 USD, or 2 GBP
• ✅WebMoney – 2%
• ✅Perfect Money – 0.5%
• ✅Bitcoin – 1%
• ✅Bank Wire Transfer – 30 EUR

 

 

Alpari Inactivity Fees

 

When traders allow their accounts to go dormant for 6 months, they are charged a $5 inactivity fee.

 

Alpari Currency Conversion Fees

 

There are currency conversion fees. On the other hand, Alpari offers refunds on these fees through its cashback loyalty program.

 

Pros and Cons of Alpari Trading and Non-Trading Fees

 

✅Pros	❎Cons
Deposits with Alpari are free	Withdrawal fees apply with Alpari
There are several payment methods that Emirati traders can use to deposit and withdraw funds	Alpari has an inactivity fee that applies to dormant accounts

 

 

Are there any hidden fees with Alpari?

There are no hidden fees, but overnight exchange rates may apply.

 

Does Alpari charge a commission on trades?

Yes, ECN accounts are subject to commission charges, but standard accounts are not.

 

 

 

Alpari Deposits and Withdrawals

 

Alpari offers Emirati traders the following deposit and withdrawal methods:

 

• ✅FasaPay
• ✅GlobePay
• ✅Visa
• ✅Mastercard
• ✅Maestro
• ✅Neteller
• ✅Skrill
• ✅Crypto Wallets
• ✅VLOAD
• ✅TC Pay Wallet
• ✅WebMoney
• ✅Perfect Money
• ✅Bitcoin
• ✅Bank Wire Transfer

 

and many more!

 

How to make a Deposit with Alpari

 

To deposit funds to an account with Alpari, Emirati traders can follow these steps:

 

• ✅Traders can go to the Alpari website and use their credentials to log in.
• ✅Once logged in, Emirati traders should go to the “Deposit” section of the client portal or trading platform.
• ✅Alpari accepts deposits via bank wire, credit card, digital wallet, and other methods. Emirati traders should choose the method that works best for them.
• ✅Emirati traders should enter the deposit amount they wish to make. The minimum deposit amount varies by trading account and can range between $20 and $500, with no maximum limit.
• ✅Emirati traders should complete the deposit process by following the on-screen instructions, including providing any necessary payment details.

 

 

How long do Alpari Deposits take?

Depending on the deposit method used, the time it takes for a deposit to be credited to your Alpari account can vary. Deposits with credit/debit cards and e-wallets are usually instant, whereas bank transfers can take a few business days.

 

Can I deposit in different currencies, or does Alpari require a specific base currency for my account?

Yes, Alpari allows you to make deposits in a variety of currencies. When opening an account, you can select your preferred base currency, and some account types allow for multiple currency options.

 

Are there any promotional offers or bonuses available when I deposit with Alpari?

Yes, Alpari occasionally offers deposit bonuses or promotions. However, there are no deposit bonuses currently offered.

 

 

 

 

How to Withdraw from Alpari

 

To withdraw funds from an account with Alpari, Emirati traders can follow these steps:

 

• ✅Emirati traders should use their Alpari login credentials to access their accounts.
• ✅Once logged in, Emirati traders should go to the “Withdrawal” section of the client portal or trading platform.
• ✅Alpari accepts withdrawals via bank wire, credit card, digital wallet, and other methods. Emirati traders should choose the method that works best for them.
• ✅Emirati traders should enter the amount they wish to withdraw. Depending on the method used, minimum and maximum withdrawal limits may exist.
• ✅To complete the withdrawal process, Emirati traders should follow the on-screen instructions, including providing payment details.

 

 

How long do Alpari Withdrawals take?

The withdrawal time depends on the method used. Withdrawals from e-wallets are usually processed within 24 hours, whereas bank transfers and credit/debit card withdrawals may take several business days.

 

Are there any minimum or maximum withdrawals when requesting a withdrawal from my Alpari account?

Yes, withdrawal limits vary depending on the withdrawal method used and the type of account.

 

Is there a fee associated with making a withdrawal from my Alpari account?

Yes, Alpari charges withdrawal fees on several payment methods.

 

 

 

Alpari Deposit Currencies, Deposit and Withdrawal Processing Times

 

🔑Payment Method	🪙Deposit Currencies	📈Deposit Processing	📉Withdrawal Processing
💴FasaPay	USD, IDR	Instant	Instant
💹Latin American Solutions	MXN	1 – 2 days	3 – 4 days
☑️Mexican Local Transfer	MXN	24 hours	24 hours
🅰️Egypt Local Transfer	EGP	24 hours	24 hours
🅱️Local Indian Solutions	INR	24 hours	24 hours
🏦Local Exchange House	-	24 hours	24 hours
🗝️African Local Solutions (C)	GHS, UGX, KES	1 – 2 days	48 hours
↘️Indonesian Local Transfer	IDR	24 hours	24 hours
⬇️Latin American Solutions (Skrill)	USD	1 – 2 days	3 – 4 days
🔃Afghan Local Transfers	AFN	24 hours	24 hours
✴️Southeast Asia Online Banking	MYR, THB, IDR, VND	Instant	24 hours
↪️Turkish Local Transfers	TRY	24 hours	24 hours
📍Nigeria Local Bank Wire Transfer	NGN	1 day	24 hours
🖥️Online Banking Malaysia	MYR	Instant	24 hours
🔍Online Banking Indonesia	IDR	Instant	24 hours
🔢Ngan Luong (e-Wallet and Banking)	VND	Instant	24 hours
🌎GlobePay	GBP, USD, EUR	Instant	24 hours
▶️Iraq Local Transfers (SHAK)	IQD	24 hours	24 hours
💻Online Banking Vietnam	VND	Instant	24 hours
🔎Online Banking Thailand	THB	Instant	24 hours
✳️China Online Banking (P)	CNY	24 hours	24 hours
💳Visa	EUR, USD, GBP	Instant	24 hours
🟠Mastercard	EUR, USD, GBP	Instant	24 hours
🔵Maestro	EUR, USD, GBP	Instant	24 hours
🟢Neteller	EUR, INR, USD, GBP, PLN, NGN	Instant	24 hours
🟡Skrill	EUR, USD, GBP, PLN, CZK	Instant	24 hours
💰Crypto Wallets	BTC, ETH, LTC, DASH, XRP, USDT	24 hours	24 – 48 hours
🎖️VLOAD	USD, EUR	Instant	24 hours
🔓TC Pay Wallet	USD, EUR, AED	Instant	24 hours
💷WebMoney	USD, RUR	Instant	24 hours
💶Perfect Money	USD, EUR	Instant	24 hours
🌐Bitcoin	BTC	24 hours	24 – 48 hours
➡️Bank Wire Transfer	GBP, USD, EUR	Instant	24 hours

 

Broker Comparison – Deposit and Withdrawals

 

🔑Broker	🥇Alpari	🥈Plus500	🥉LiteFinance
⏰Minimum Withdrawal Time	Instant	1 business day	Instant
⏱️Maximum Estimated Withdrawal Time	3 to 5 Business Days	Up to 7 working days	Up to 5 working days
⏲️Instant Deposits and Instant Withdrawals	✅Yes	None	✅Yes

 

Pros and Cons of Alpari Deposits and Withdrawals

 

✅Pros	❎Cons
Emirati traders can deposit and withdraw in AED	Alpari charges withdrawal fees

 

 

Is there a minimum deposit requirement with Alpari?

Yes, minimum deposits vary by account type and begin at $5.

 

How long does it take for a deposit to reflect with Alpari?

E-wallets and credit cards typically allow instant deposits, whereas bank transfers take several days.

 

 

 

Alpari Education and Research

 

Education

 

Alpari offers the following Educational Materials to Emirati traders:

 

• ✅Forex Trading Webinars
• ✅Beginners’ Guide to Trading
• ✅Forex Trading Strategies Guide
• ✅Commodity Trading Guide
• ✅Precious Metals Trading Guide

 

Alpari also offers Emirati traders the following additional Research and Trading Tools:

 

• ✅CopyTrade Solutions
• ✅Strategy Manager Rankings

 

Research and Trading Tool Comparison

 

🔑Broker	🥇Alpari	🥈Plus500	🥉LiteFinance
📈Economic Calendar	✅Yes	✅Yes	✅Yes
📉VPS	None	None	None
▶️AutoChartist	✅Yes	None	None
📌Trading View	✅Yes	None	None
📍Trading Central	None	None	None
💹Market Analysis	✅Yes	✅Yes	✅Yes
📰News Feed	✅Yes	✅Yes	✅Yes
🖋️Blog	✅Yes	✅Yes	✅Yes

 

Pros and Cons Alpari Education and Research

 

✅Pros	❎Cons
Alpari offers trading webinars to beginners	Alpari has limited education and research
There are several educational materials for beginner traders	There is no VPS offered on the Alpari website

 

 

Is there a demo account available for practice?

Yes, Alpari provides a demo account for traders to practice without putting real money at risk.

 

Does Alpari provide any trading signals?

Alpari does provide trading signals via third-party providers such as Trading Central and Autochartist.

 

 

 

Alpari Customer Support

 

🔑Customer Support	🥇Alpari Customer Support
⏰Operating Hours	Monday – Friday 24 hours Weekends – Noon to 8 pm (GMT +2 and GMT+3)
🤝Support Languages	Multilingual
👥Live Chat	✅Yes
💻Email Address	✅Yes
☎️Telephonic Support	✅Yes
🏅The overall quality of Alpari Support	4/5

 

Pros and Cons Alpari Customer Support

 

✅Pros	❎Cons
Alpari has multilingual customer support	Customer support is limited to certain hours
There are several positive reviews on Alpari’s customer support	Alpari does not have an office in Dubai

 

 

How responsive is Alpari’s customer support team?

Alpari strives to respond to customer inquiries as quickly as possible, with live chat providing the quickest response times.

 

Is Alpari’s customer support available 24/5 or 24/7?

Customer support is typically available 24 hours a day, five days a week during market hours, but availability may vary depending on region and service.

 

 

 

 

Alpari Trading Signals

 

Alpari provides a wide range of trading signals and market analysis tools to assist traders in making well-informed trading decisions. These tools are divided into three groups: technical, fundamental, and sentiment analysis.

 

Technical Analysis

 

Alpari provides traders with various technical analysis tools, including chart patterns, support and resistance levels, and trend indicators. The platform works with third-party providers such as Trading Central and Autochartist to provide insights into emerging trends and patterns.

 

These tools, suitable for novice and experienced traders, assist in identifying potential market entry and exit points.

 

Fundamental Analysis

 

Alpari offers real-time economic calendars to keep traders up to date on major economic events and their potential market impact. These calendars allow traders to make decisions based on the underlying economic factors that influence market movement.

 

Sentiment Analysis

 

Alpari provides market sentiment indicators showing the proportion of long or short traders on specific assets. These tools assist traders in understanding market sentiment and making decisions based on collective behavior.

 

 

Are Alpari trading signals available for all financial instruments?

Yes, trading signals for several financial instruments, including Forex, commodities, and stocks, are available.

 

Are there performance statistics available for Alpari trading signals?

Yes, to assist traders in making informed decisions, Alpari may provide performance statistics for trading signals.

 

 

 

Alpari Cashback Rebates Features and Conditions

 

The Alpari Cashback Program provides tempting rewards and financial incentives to encourage trading and investing.

Traders and investors can earn ALP bonus points through account deposits, trading activities, and other standard operations.

These points can then be converted into real money or used to obtain various rebates such as up to 20% off spreads, 20% off ECN commissions, 100% off deposit commissions, and a 40% improvement in conversion rate.

Another distinguishing feature of the Alpari Cashback Program is the tiered status system, which allows for greater benefits as clients progress through the program.

The statuses are determined by the total balance of a client’s accounts and range from Gold, which requires at least 1,000 USD, to VIP, which requires at least 40,000 USD. Each status level has its own set of benefits.

A Platinum status, for example, includes a personal manager and deposit commission refunds, whereas a Diamond status includes free spread discounts and unlimited trading orders.

High-status clients, particularly VIP ones, are entitled to many benefits. Personal managers are available, as are 100% deposit commission refunds and advance deposits of up to $10,000.

Benefits scale with status, making the trading or investment experience more favorable as a client trades or invests more.

 

 

What are the different status levels in the Alpari Cashback program?

Based on your cumulative balance, the Alpari Cashback program offers different status levels, including Gold, Platinum, Diamond, and VIP.

 

Is there a time limit for earning cashback rebates with Alpari?

No, Alpari cashback rebates are typically earned over time based on your cumulative balance, with no time limit.

 

 

 

Alpari Web Traffic Report

 

🌎Global Rank	63,284
📈Country Rank	8,184
📉Category Rank	72
📍Total Visits	1.2 million
📌Bounce Rate	47.65%
📝Pages per Visit	3.48
⏱️Average Duration of Visit	00:03:06
📊Total Visits in the last three months	June – 809.7K July – 758.4K August – 1.2 million

 

 

Alpari Geographic Reach and Limitations

 

Alpari’s Current Expansion Focus

 

Alpari is currently expanding across Africa, Asia, and Europe.

 

Countries not accepted by Alpari

 

Alpari does not provide services to the following regions:

 

• ✅The United States
• ✅Japan
• ✅Canada
• ✅Australia
• ✅The Democratic Republic of Korea
• ✅European Union
• ✅United Kingdom
• ✅Syria
• ✅Sudan
• ✅Cuba
• ✅Iran
• ✅Mauritius
• ✅Haiti
• ✅Suriname
• ✅Brazil
• ✅Puerto Rico

 

 

Popularity among Emirati traders who choose Alpari

 

Alpari is one of the Top 20 Forex and CFD brokers for Emirati traders.

 

 

Does Alpari provide multi-language support?

Yes, to accommodate its global user base, Alpari provides customer service in multiple languages.

 

Is the Alpari website available in different languages?

Yes, to serve its global customer base, the Alpari website is available in multiple languages.

 

 

 

 

Best Countries by Traders

 

🌎Country	📈Market Share
🥇Italy	16%
🥈United States	4.79%
🥉Andorra	4.38%
🏅Nigeria	3.71%
🎖️Russia	3.25%

 

 

 

Alpari vs Plus500 vs LiteFinance – A Comparison

 

🔑Broker	🥇Alpari	🥈Plus500	🥉LiteFinance
📝Regulation	IFSC	ASIC, FMA, FSCA, FCA, CySEC, FSA, MAS	CySEC
💻Trading Platform	MetaTrader 4 MetaTrader 5 Alpari Mobile App	Plus500 mobile and web-based trading platform	MetaTrader 4 MetaTrader 5 LiteFinance Social Trading Platform LiteFinance Trading App
💵Withdrawal Fee	✅Yes	None	None
🔢Demo Account	✅Yes	✅Yes	✅Yes
💶Min Deposit	19 AED	367 AED	180 AED
✴️Leverage	1:1000	1:30	1:500
📈Spread	From 0.4 pips	0.8 pips	0.0 pips
💰Commissions	$1.5	None	$0.25 per share on Stock Indices
⛔Margin Call/Stop-Out	60% to 120% 30% to 100%	None	100%/20%
📉Order Execution	Instant and Market	None	Market
💴No-Deposit Bonus	None	None	None
🪙Cent Accounts	None	None	None
ℹ️ Account Types	Standard Account Micro Account ECN Account Pro Account	Standard Live Account	ECN Account Classic Account
✳️DFSA Regulation	None	None	None
📍AED Deposits	✅Yes	None	✅Yes
📌AED Account	None	None	None
⏰Customer Service Hours	24/5	24/7	24/5
▶️Retail Investor Accounts	4	1	2
☪️Islamic Account	✅Yes	✅Yes	✅Yes
⬇️Minimum Trade Size	0.01 lots	0.01 lots	0.01 lots
📊Maximum Trade Size	250 lots	100 lots	100 lots
⌚Minimum Withdrawal Time	Instant	1 business day	Instant
⏱️Maximum Estimated Withdrawal Time	3 to 5 Business Days	Up to 7 working days	Up to 5 working days
💹 Instant Deposits and Instant Withdrawals	✅Yes	None	✅Yes

 

 

Alpari Alternatives

 

• 🥇AvaTrade distinguishes itself by offering diverse trading instruments other than forex, such as cryptocurrencies and ETFs. Its extremely user-friendly trading platform makes it suitable for novice and experienced traders. Its emphasis on educational content distinguishes it, including a dedicated platform for options trading education called AvaOptions.

 

 

• 🥈FOREX.com provides a sophisticated trading experience through its proprietary trading platforms, which include customizable tools and in-depth analysis features. Their strong suit is that they provide direct market access and low spreads, which is especially advantageous for traders looking to implement more complex strategies.

 

 

• 🥉BDSwiss focuses on traders who want to diversify their portfolios. It has a significant offering of over 250 tradable assets, including individual shares. BDSwiss also prioritizes customer service, providing multilingual assistance and various educational resources tailored to different skill levels.

 

 

 

Alpari Awards and Recognition

 

Alpari received the following recent awards and recognition:

 

• ✅At the Smart Vision Investment Expo 2022 in Egypt, Alpari was named Best Forex Broker.
• ✅At the Global Forex Awards in 2020, Alpari International was named the Most Transparent Broker.
• ✅In the 2011 IBTimes Trading Awards, Alpari (UK) received the Best UK Forex Broker and Forex Broker Europe – Excellence awards.
• ✅At the 2011 Shares Awards, Alpari (UK) was named Best FX Broker.
• ✅At the 2018 Forex Expo Dubai, Alpari was named Company of the Year.
• ✅In 2016, Alpari was named Best Forex Broker at the Forex Expo Awards in Russia.

 

 

and many more!

 

 

Our Experience with Alpari

 

We discovered that Alpari is a solid trading platform that caters to a wide range of clients, including Emirati traders. We were drawn to the platform’s breadth of features, such as social trading via Alpari CopyTrade because they could simplify the trading process.

However, as with any trading platform, traders must know the inherent risks and conduct due diligence.

 

Alpari Trading Platform

 

When we looked into Alpari‘s platform offerings, we found several options, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

We liked MT4 because of its easy-to-use interface and the ability to execute trades directly from charts. MT5 expanded the scope with a broader range of financial instruments and a convenient built-in economic calendar.

However, while both platforms cater to different levels of trading experience, we felt that new users might be overwhelmed by the variety of features at first.

 

Quality of Customer Service

 

Regarding customer service, we had a bit of a mixed bag. Although Alpari provides multiple channels for customer support, we found the service quality inconsistent.

While some of our questions were answered promptly and helpfully, there were times when the support team could have been more informative and timely. This suggests that Alpari is improving its customer service but still has room to improve.

 

Alpari Response Time

 

🔑Support Channel	⏰Average Response Time	⏱️User-based Response Time
☎️Phone	5 minutes	5 – 6 minutes
💻Email	24 – 48 hours	1 working day
👥Live Chat	Instant – 5 minutes	2 – 3 minutes
📱Social Media	5 minutes	4 – 6 minutes
📍Affiliate	24 – 48 hours	1 working day

 

 

Recommendations according to our in-depth review of Alpari

 

• ✅Alpari already offers a variety of educational resources, such as webinars, video tutorials, and market analysis. Extending these resources and providing more in-depth content, on the other hand, can help traders improve their knowledge and skills, ultimately leading to better trading results.
• ✅While Alpari provides a mobile version of its trading platform, creating a dedicated mobile trading app can provide a more user-friendly and convenient trading experience for traders. This can assist in attracting and retaining a larger user base, particularly among tech-savvy traders who prefer trading on their mobile devices.
• ✅Alpari’s customer service is already highly regarded, but more can be done to ensure traders receive prompt and efficient assistance. Expanding customer support channels like live chat or 24/7 phone support can help traders in different time zones.
• ✅Alpari uses MetaTrader 4 and 5, both reliable but fairly standard platforms. Introducing unique, proprietary features could set Alpari apart from competitors who also use these platforms.

 

 

Finally, although Alpari already offers a variety of technical analysis tools, expanding its offering to include more advanced indicators and charting capabilities can attract more experienced traders who rely on sophisticated analysis techniques.

 

 

 

Alpari Customer Reviews

 

 

🥇Exceptional service.

I have been using Alpari’s brokerage services for a while now, and my experience has been very positive. The platform is stable, the commissions are reasonable, and the customer service is exceptional. I particularly like their PAMM account option. – Mansoor Attar

 

 

🥈Five-stars!

I have been working with Alpari for three years, and, in my opinion, they’re far superior to other brokers. I’d give them a five-star rating. – Salma Suwaidi

 

 

🥉Preferred broker.

Since last September, my experience with Alpari has been mostly positive, with no major issues to report. Customer service has been helpful and prompt. Requotes are a common feature of news trading brokers, so it is not a contention point. Overall, Alpari remains my preferred broker. – Omar Muhairi

 

 

 

Pros and Cons of Trading with Alpari

 

✅Pros	❎Cons
Alpari provides a variety of account types to meet the needs of traders in the UAE	Alpari does not offer customer support over weekends, limiting options for weekend traders in the UAE
Alpari offers effective customer service to Emirati traders	There are reports of fund withdrawals being delayed
UAE traders can use flexible deposit and withdrawal methods	Free commissions are only available to VIP traders
Overseen by the International Financial Commission	There is no oversight from a top-tier regulatory body

 

 

In Conclusion

 

Alpari is a well-known trading platform that offers various financial instruments that cater to traders of all experience levels. The platform has something for everyone and provides up to 1:1000 leverage, allowing traders to maximize their profit potential.

 

 

Our Review Methodology:  For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.

Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

 

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Emirati investors.   Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

 

Frequently Asked Questions

 

Is Alpari Safe or a Scam?

Alpari has been operating since 1998 and is a legit broker. However, Alpari has a low trust score and is regulated by only one Tier-3 entity, which questions its reliability.

 

How do I deposit money into my Alpari account?

Alpari accepts various deposit methods, including bank transfers, credit/debit cards, and e-wallets, all of which can be chosen in the trader’s Personal Area.

 

How do I download Alpari MT4?

Traders can get the Alpari MT4 platform by going to the Alpari website, scrolling down to the “Trading Platforms” section, and clicking on the appropriate download link.

 

How long does it take to withdraw from Alpari?

Withdrawals can be instant or take a few days, depending on your withdrawal method.

 

How do I use Alpari PAMM?

Investors can use Alpari PAMM by browsing the available PAMM accounts, selecting a suitable manager, and allocating funds to their chosen account.

 

Does Alpari have VIX 75?

No, Alpari does not have Volatility 75.

 

How does Alpari make money?

Alpari makes money by charging traders spreads, commissions, and other fees for their trading activities.

 

Does Alpari have Nasdaq 100?

Yes, Alpari offers the Nasdaq 100. Emiratis can trade Nasdaq as a spot index under the symbol NQ100_m.

 

Is Alpari regulated?

Yes, Alpari is regulated, but not in Dubai. Instead, Alpari is governed by the Financial Services Commission of Mauritius, which means they fall under Tier-3 rules (FSC).