Alpari Fees

During my Alpari review, I evaluated the Alpari fees, as I rank trading costs as the most defining aspect of a broker’s competitiveness. They directly impact profitability, determine the trading environment’s attractiveness, and reveal which strategies a broker supports and discourages. How competitive are Alpari fees? Let’s find out below. Learn about trading and non-trading fees at Alpari, and compare them to other brokers.

Overview of Alpari Fees and Charges

The Alpari account types feature commission-free and commission-based pricing environments. Therefore, trading fees depend on the asset and the account type.

Here is a snapshot of Alpari fees:

Alpari Fees, Spreads, and Commission Explained

Traders must understand the Alpari fees to know what they pay per trade and compare costs to other brokers to determine if Alpari offers a competitive cost structure. Traders can evaluate trading fees in the Alpari demo account.

My Alpari broker review found that Alpari trading fees are:

• Spreads (minimum spreads from 0.0 pips)
• Commissions (asset-dependent)
• Swap rates (charged on leveraged overnight positions)
• Currency conversion fees (undisclosed)

Alpari non-trading fees are:

• Deposit fees (not applicable)
• Withdrawal fees (payment-processor dependent)
• Inactivity fees ($10 monthly after three months)
• Currency conversion fees (undisclosed)

Alpari Trading Fees

Alpari trading fees depend on the asset, apply to each transaction, and are the most frequent fees traders pay. Currency conversion fees apply if the asset quote currency differs from the account base currency.

Here is an overview of average Alpari trading fees:

Overnight Fees (Swap rates)

Swap rates are the most frequently ignored trading costs and could become the most significant fee per trade, depending on the strategy. They apply to leveraged overnight positions, which triple on Wednesday. Alpari has competitive swap rates for traders using Alpari leverage.

Alpari Non-Trading Fees

Traders must understand non-trading fees to avoid confusion and avoidable costs. They are notably less frequent and apply to deposits, withdrawals, and inactivity.

Currency Conversion Fees

Currency conversion fees apply each time Alpari exchanges one currency for another, including trading, and traders are often unaware of this hidden fee. Alpari fails to disclose currency conversion fees.

Alpari Deposit Fee

Traders can make their Alpari minimum deposit without paying any deposit fees.

Alpari Withdrawal Fee

Alpari withdrawal fees depend on the payment processor, but Alpari offers several fee-free options.

Alpari Inactivity Fee

Alpari levies a $10 monthly inactivity fee after three months of dormancy.

Safety and Security

Alpari is a regulated broker with a lengthy track record dating back to 1998. It segregates client deposits from corporate funds and offers negative balance protection.

Bottom Line

Alpari offers ultra-low trading fees, ensuring active traders have a notable competitive edge. I rank Alpari among the best-priced Forex brokers.

FAQs

What is the Alpari minimum deposit?

The Alpari minimum deposit is $50 for the Standard account and $200 for ECN and ECN Plus.

What countries are restricted by Alpari?

Alpari does not accept traders from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, the European Union, the United Kingdom, Syria, Sudan, or Cuba.

What is the interest rate for Alpari?

Alpari does not charge or pay an interest rate, but swap rates on leveraged overnight positions apply. They are asset-dependent and depend on the amount the trader borrows. Under contract specifications in MT4/MT5 swap rates are listed for each asset. Traders can also check the Alpari website for applicable swap rates.

Does Alpari have commissions?

Alpari has one commission-based account where Forex traders pay $2.50 per 1.0 standard lot, cryptocurrency traders 0.03% of the notional deal value, metal traders $18 per $1,000,000 notional value, commodity and index traders $25 per $1,000,000 notional value, equity CFD traders $0.02 per share, and ETF traders $0.01 per ETF.

How much does Alpari charge for a withdrawal?

The Alpari withdrawal fees depend on the payment processors. They are either percentage-based on the withdrawal amount for Bitcoin and e-wallets or fixed for bank wired and credit/debit card transactions. Alpari also has a few fee-free withdrawal methods.

When does Alpari charge fees?

The timing is asset-dependent. Spreads apply instantly once a trader opens a position, commissions apply when traders buy and sell trading instruments if the account is commission-based, but swap rates on leveraged overnight positions only apply after the cut-off time. Currency conversion fees apply if the quote currency of the asset differs from the account base currency and inactivity fees apply after three months of dormancy.

Does Alpari charge inactivity fees?

Alpari levies a $10 monthly inactivity fee after three months of dormancy and if Alpari does not carry out any activity. Therefore, logging into the account to check the account balance does not suffice. Traders must place one trade every three months to avoid the Alpari inactivity fee.

By DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.