Are you ready to start trading with Alpari but are confused about the broker’s minimum deposit requirement? In this review, you can get clarification on the Alpari minimum deposit, learn how to fund your account with the Alpari international entity, and receive an overview of payment processors. You can also find out about the accepted deposit currencies and discover the pros and cons of the Alpari deposit process.
The Alpari Minimum Deposit Overview
A trader’s choice of Alpari account type determines their minimum deposit and Alpari leverage conditions.
Here is the Alpari minimum deposit requirement:
- Alpari Standard (MT4) - $50 / €50
- Alpari Standard (MT5) - $100 / €100
- Alpari ECN (MT4/MT5) - $300 / €300
- Alpari ECN Plus (MT4/MT5) - $500 / €500
Alpari Minimum Deposit vs. Similar Brokers
MinimumDeposit | Alpari | Axi | InstaForex | Tickmill | Admirals |
Commission-Free | $50 | $0 | $1 | $100 | $100 |
Commission-Based | $500 | $0 | $1 | $100 | $100 |
The Pros and Cons of the Alpari Minimum Deposit
Traders should consider the pros and cons of the Alpari minimum deposit and account funding process. Please also consider the Alpari withdrawal methods and associated fees to select the most cost-effective method.
The Pros of Alpari Deposits
- Segregation of client deposits
- User-friendly process
- Instant-to-near-instant deposit times
The Cons of Alpari Deposits
- Lack of deposit transparency on the website
- Only USD and EUR as account base currencies
How to Make a Deposit
Traders should consider depositing sufficient funds, as effective trading requires notably more capital. They should also create a deposit plan if necessary to grow their portfolios over time.
Here is how to deposit with Alpari:
- Log into your Alpari back office
- Click “Fund Transfer”
- Click “Fund Deposit”
- Choose the preferred payment processor
- Select your Alpari account type
- Enter your desired deposit amount and currency
- Follow the on-screen instructions
Alpari Deposit Fees and Deposit Methods
Traders wondering about the Alpari fees that apply to deposits will appreciate the absence of internal deposit charges. Third-party payment processor fees and potential currency conversion fees may apply.
Alpari deposit methods, internal processing times, and known transaction limitations:
Deposit Method | Processing Time | Deposit Currencies | Minimum Single Deposit | Maximum Single Deposit | WithdrawalOption |
Bank wires | Up to three days | Bank fiat currencies | $50 | Unlimited | Yes |
Credit/debit cards | Instant | Bank fiat currencies | $50 | Unlimited | Yes |
Skrill | Instant | EUR, USD | $50 | Unlimited | Yes |
Neteller | Instant | EUR, USD | $50 | Unlimited | Yes |
WebMoney | Instant | EUR, USD | $50 | Unlimited | Yes |
FasaPay | Instant | USD, IDR | $50 | Unlimited | Yes |
China UnionPay | Instant | CNY | $50 | Unlimited | Yes |
AdvCash | Instant | EUR, USD | $50 | Unlimited | Yes |
Perfect Money | Instant | USD | $50 | Unlimited | Yes |
Pagsmile | Instant | BRL | $50 | Unlimited | Yes |
TC Pay | Instant | USD | $50 | Unlimited | Yes |
Cryptocurrencies | Up to six hours | 50+ cryptos | $50 | Unlimited | Yes |
Noteworthy:
- The Alpari deposit screen lists all available deposit methods, as geographic restrictions may apply
- Traders can avoid currency conversion fees with a multi-currency account
- The Alpari demo account uses virtual funds and has no deposit requirement
Alpari Deposit Methods vs. Similar Brokers
DepositMethods | Alpari | Axi | InstaForex | Tickmill | Admirals |
Bank wires | Yes | Yes | Yes | Yes | Yes |
Credit/debitcards | Yes | Yes | Yes | Yes | Yes |
Skrill | Yes | Yes | Yes | Yes | Yes |
WebMoney | Yes | No | Yes | Yes | No |
ChinaUnionPay | Yes | Yes | No | Yes | No |
PerfectMoney | Yes | No | Yes | No | No |
Othere-wallets | Yes | Yes | Yes | Yes | Yes |
LocalizedMethods | Yes | Yes | Yes | No | No |
Crypto-currencies | Yes | Yes | Yes | No | No |
Alpari Deposit Currencies
The account base currency is the base currency of a trading account, and the deposit currencies are currencies available for deposits through payment processors.
Alpari supports the following deposit currencies:
- USD
- EUR
- CNY
- THB
- VND
- MYR
- IDR
- PHP
- RUB
- BRL
- Any currencies supported by localized deposit methods
Alpari Trading Account Currencies vs. Similar Brokers
AccountCurrencies | Alpari | Axi | InstaForex | Tickmill | Admirals |
US Dollar | Yes | Yes | Yes | Yes | Yes |
Euro | Yes | Yes | Yes | Yes | Yes |
British Pound | No | Yes | No | Yes | Yes |
Swiss Franc | No | Yes | No | No | Yes |
AustralianDollar | No | Yes | No | No | No |
Others | No | Yes | Yes | No | Yes |
Total | 2 | 10 | 3 | 3 | 10 |
Steps for Sending the Alpari Minimum Deposit
My Alpari broker review found that the secure Alpari back office handles the deposit process, which functions similarly to that of online banking.
Here is a step-by-step guide to sending your Alpari minimum deposit:
1. Log into your Alpari back office and click “Fund Transfer,” followed by “Fund Deposit.”
2. Choose your account and payment processor, enter your deposit amount, and follow the on-screen instructions.
3. Alpari notifies clients once it credits the deposit.
Alpari Minimum Deposit Bottom Line
The Alpari minimum deposit is between $50 and $500 at the Alpari international entity, and Alpari offers many localized payment processors and cryptocurrencies. The Alpari minimum deposit is $50 or a currency equivalent on MT4, and $100 on MT5 for the commission-free Standard account. It is $300 on MT4 and MT5 for the commission-free ECN account, and $500 on MT4 and MT5 for the commission-based Pro ECN account, where Alpari offers access to its complete asset selection. The minimum deposit for Alpari Pro ECN is $500 or €500. Some brokers offer a $1 minimum deposit, which provides greater deposit flexibility and allows traders with less capital to deploy a deposit strategy to grow their accounts. However, please note that trading requires significantly more capital.FAQs
What is the Alpari minimum deposit?
What is the minimum deposit for Alpari Pro ECN?
Which broker has a minimum deposit of $1?