Alpari Limited originated in Russia in 1998 but has since moved to the UK and is registered by the Financial Services Authority. Alpari is a worldwide FX dealer and is one of the largest Forex brokerages in the Forex world. Alpari is licensed by five different agencies. Alpari UK has now been united with Alpari Global.

Alpari.US is registered with the US Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) and is a member of the US National Futures Association (NFA).

Alpari offers traders the opportunity to trade Spot Metals, Stock CFDs, ETF CFDs, Index CFDs and Commodity CFDs. In addition, binary option trading is also available. Binaries can be based on either currencies or spot metals.

Alpari has several features that are unique to the industry.

There are several different investment portfolios to choose from all with easy access to the financial markets. Traders can choose any of these investment portfolios and depend on the expertise of professionals, avoiding making the decisions themselves.

The Balanced portfolio includes ETFs with holdings in primarily American stocks and more conservative securities such as bonds and real estate funds.

Alpari Balanced Investment Portfolio
Alpari Balanced Investment Portfolio

The Energy portfolio is a diversified portfolio with almost 70% in ETFs spanning various sectors of the energy industry, including oil and gas production, refining, distribution and infrastructure as well as alternative energy.

The Index portfolio gives investors a broad exposure to the U.S .stock markets and is composed of ETFs tracking four of America's leading indexes spanning all sectors of the economy and the Precious Metals portfolio invests in all metals including gold.

The Real Estate portfolio comprises American exchange-traded real estate investment trusts and real estate index ETFs and the Forex portfolio is composed of currency ETFs as well as currency futures and options. A wide variety of techniques are utilized in the management of this portfolio, including long and short positions, arbitrage and neutral options strategies.

Quite a different type of portfolio is the BRICs portfolio which invests in raw materials in Brazil, Russia, India, China and South Africa.


Alpari offers traders the choice of the Standard account and the Premium account for clients with large deposits.

All Premium clients are assigned their own personal manager. They can also contact Alpari investment experts for assistance and to discuss better investment terms. Premium clients automatically receive a full refund on the commission for making deposits and withdrawals and can trade without any limit on the number of their trades.

In addition, Premium clients receive free bonuses and savings on negative swaps, commissions on pro.mt4 accounts and commissions on using the Swap-free and Weekend Fee options. They can also request an advance of up to 10,000 USD into their trading account.

I was pleased to see when doing this review that not only was there one type of demo accounts but several—the demo.standard.mt4, demo.ecn.mt4 and demo.nano.mt4. All of these expire only if a trade has not been placed in the last 21 days. Since there is no limit on the number of demo accounts that can be opened, if one expires, a new one can be opened. 

The Nano Account, which is denominated in cents allows traders moving out of a demo account to get used to live trading and work out their strategies in a real trading environment with minimal risk.

Alpari Account Types
Alpari Account Types

The Alpari PAMM account service allows investors to earn on Forex markets with the assistance of managers assigned to help them.

Alpari also offers traders the opportunity to invest in structured products which combine conservative fixed-income instruments with riskier assets that offer a higher potential return. Clients can choose structured products based on the underlying assets of more than 20 currency pairs, gold, silver, indexes, shares, oil and agricultural products such as wheat, corn and sugar.

Structured Product Example
Structured Product Example


Alpari Bonus is a unique service within the Forex industry, where traders can earn points that can be exchanged for a number of transactions. The more active a trader is in the Forex market or the higher his trading and investing volume, the more bonus points he can earn.

Another interesting bonus not offered by any other broker I’ve ever reviewed is their ‘Select Your Discount’ promotion where traders can choose among seven different discounts and receive a refund to their account every month. The refunds can be combined and used for trading and investing, can be moved it to another account or withdrawn altogether.

The choice of discounts includes the following: 30% on Swaps; 20% on spreads; 30% on commissions to deposits or on commissions for pro.mt4 accounts; 30% on a conversion rate; and 30% on commissions for Swaps and Weekend Fees.

Exclusively for UK traders, Alpari offers an additional 30% deposit bonus.

Alpari is big on contests and at the time of this Alpari review there were at five different contests going at the same time. Contest rules and past results are conveniently posted with each contest and interviews with contest winners are posted on the site as well.


Alpari offers market analysis, trading ideas and investment tips on a daily basis. Traders can follow all the latest economic information with the FXStreet event calendar as well as free up-to-the-minute news and commentary from Dow Jones. Seminars and webinars are also offered.

Alpari Market Analysis
Alpari Market Analysis

Technical analysis and forecasts are provided by Trader Central and the Autochartist signal service automatically analyzes charts and emerging patterns, helping to predict the most likely outcomes of events in the market.


Both deposits and withdrawals can be made via bank transfers, credit cards, Skrill, Neteller, WebMoney and several other online payment programs.

Customer Support

Support is provided at Alpari through Chat 24/5, email and telephone. The website can be viewed in English, Russian, Indonesian, Portuguese and Chinese


Alpari is a well-trusted dealer in the FX world. The ability to trade options is a huge bonus, and the spreads are some of the best non-ECN spreads available.  With international offices and the broker allows clients from around the world and is very well respected. I especially liked the website graphics which are colorful and fun to view.

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Alpari has several features that are unique to the industry. Not many brokers in the Forex industry are as highly regulated as Alpari. Their product line is extensive and traders can choose among several different investment portfolios all with easy access to the financial markets. There also several trading accounts including a Premium account which requires a large deposit but which comes with a host of features and benefits. The bonuses are generous and are available to holders of all the various accounts.

Company Information

  • Broker's Name : Alpari
  • Headquarter : United Kingdom
  • Regulation : CFTC, NFA, FSA

Account Information

  • Type of Broker : No Dealing Desk
  • U.S. Clients Allowed :
  • Minimum Deposit : $200
  • Maximum Leverage : 1:N/A
  • Commissions / Spreads : Commissions
  • Account 1 : Standard
  • Account 2 : Premium
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : Other, MetaTrader 4, MetaTrader 5, Web-based
    • Platform Languages :
      • Other
      • English
      • Russian
      • Chinese
      • Portuguese
    • OS Compatibility :
      • Mobile
      • Web
      • iPhone
      • iPad
      • Windows
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • Other
      • English
      • Russian
      • Chinese
      • Portuguese
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :

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With three distinct trading platforms and multiple variations to choose from, Alpari offers the largest selection of platforms on the market.

MetaTrader 4

The Alpari MetaTrader 4 platform offers a wide selection of charting tools as well as the ability to completely customize the platform to meet a trader’s personal specifications. A built-in programming language, trading strategies, scripts and indicators add additional functionality to the platform.

The Alpari MetaTrader 4 uses an intuitive, user-friendly interface with a wealth of technical analysis tools. The mobile app allows traders to use their MT4 accounts on their smartphone, tablet or Pocket PC.

MetaTrader4 connects traders to the interbank market with ECN Bridge technology while the built-in MQL4 programming language allows them to create their own advisors and indicators.

MetaTrader 5

The Alpari MetaTrader 5 offers everything the MT4 platform offers and more. It introduces a number of new features and technical upgrades including a library of free, ready-to-use Expert Advisors (trading robots), indicators and scripts written with MT5's built-in programming language, MQL5 and the ability to optimize trading strategies with a high-speed back-testing tool.

The MetaTrader 5 platform is geared towards a more advanced trader as it offers 38 built-in indicators, 39 graphical objects and a plethora of customized options. This platform is only available in the demo version and is not available for live trading.


The web-based BinaryTrader platform is for trading binary options and is surprisingly simple to use. A variety of binary option types are available including High / Low Options, OneTouch Options, Range High / Low Options, Quick Options and Options on Demand and traders can make up to 100% profit in a matter of minutes, investing as little as 5 USD

It is available in virtually all internet browsers and can be accessed on almost any PC, laptop or tablet.

BinaryTrader is compatible with virtually all internet browsers and most major tablets.

Alpari BinaryTrader Platform
Alpari BinaryTrader Platform

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User Reviews

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9 User Reviews

Do not ever send your money to russia, those guys are big time thieves, you dont even have the slightest chance to beat them, instead use a regulated broker in usa or uk.


Hi Pipsgainer1, interesting to read your comment. I've been a member of Alpari for some time though haven't traded live much but have noticed i can barely make a profit on any trades i enter. On the demo account i have no problem make plenty. I see on their website they say they are regulated by FSA, and is a member of NFA, KROUFR. Can you please advise of a broker you would recommend, I am UK based. Cheers


Alapri is the WORST OF ALL brokers i have ever seen.... PLEASE DONT EVER EVER TRY THEM. I have a live account with them and they are the crookest of ALL. The real F****s. When you start winning your trade they manipulate the market in their favour and make you to lose. The WORST AND THE CRAZYEST of all I saw is the one when all the Indicators going up, EVEN Market Watch on their platform itself showing the pair going up,my BUY order in the profit column still shows negative instead of the bull candle crossing the Buy line as marked in the platform. ALPARI is A real crook and a cool mindedly planed scam. AVOIDE ALAPARI to save your money. I should give them a NEGETIVE 5 Star rating.

Abena Smith
Abena Smith

Actually brokers should know all the things related to the Forex Trading.. in Forex Trading some times market is high & some times it's low. but, It’s really nice job for peoples who what to earn money in short time period…. Forex Trading is really best way to raise your income. you should go for it., but first you should know the concept of Forex Trading. I have one more site that can help you for knowing more about Online Forex Trading....,


This is Nfa answer about Alpari NZ Limited (care fully ) This broker is NoT right Regulated and Carefully about that While NFA has developed a wide range of investor protection rules to safeguard the integrity of the futures markets and monitors all NFA Members for compliance, it appears that the firm and individual Alpari NZ Limited are not members of NFA , so many scam broker is same !!


this broker is not good , bad sever and stop or High spread in news time , bad support bad speaking in English in telephone , bad money back and in the all i never tel a friend this broker open account , worry about you i think they are just for middle east people for cheating them because they have not other choice in example my country Iran so many broker don't lets to iraninan for open account and trade


They use English so don't worry, they seem alright tho i haven't tried other than the demo account yet.. that is why im here :P doing some last min research to see if it is the one for me so far there help line has been great this is their site. as for u ude samuel u r either a dumbass or a con man... ppl dont use that log in.

ude samuel
ude samuel

please , my server has been disconnected, do help classic account number is u5437, login in metal trader 68476

Esoimeme S. Ford
Esoimeme S. Ford

I never realy knew Alpari Russia exist.I thuoght that the whole bussines started in UK. Why is there no trading contest in UK and US ? What language does Alpari Russia use in trading?

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Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

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Review info: Alpari
Review Date:
Rating : 4
Reviewed By :