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Alpari Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-25 10:24

Abstract:Founded in 2002, Alpari is regulated by the NBRB in Belarus and has eight global offices with operations on three continents. Alpari does not offer services for the residents from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

Quick Alpari Review Summary
Company NameAlpari (Comoros) Ltd
Founded in2002
Registered inMauritius
Regulated byNBRB
Trading Instruments120+ trading products including Forex, Metals, Commodities, Indices, Cryptos, and Stocks
Currency Pairs quantity60+
Demo Account✅
Islamic Account✅
Account TypePro ECN, ECN, Standard
Min Deposit$20
Max Leverage1:3000
Spread0.3 pips onwards (Standard account)
Trading PlatformAlpari App, MT4/MT5
Deposit and Withdraw MethodsCredit/debit cards, e-wallets, bank wire transfers, and local payment solutions
Customer ServiceEmail: legal@alpari.com, Phone: 00 44 20 45 77 19 51, Livechat, Facebook
Customer Services LanguagesEnglish, Farsi, Russian
Headquarter AddressBonovo Road, Fomboni, Island of Moheli, Comoros
Clients Regional RestrictionAlpari (Comoros) Ltd, does not provide services to residents of the USA, JMyanmarthe Democratic Republic of Korea, European Union, United Kingdon2,

Alpari Information

  Founded in 2002, Alpari is regulated by the NBRB in Belarus and has eight global offices with operations on three continents. Alpari does not offer services for the residents from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

Alpari's homepage

Pros and Cons

ProsCons
Regulated by NBRBToo many complaints
Many instruments availableNo copy trading
Demo accountsRegional restrictions
Low minimum deposit
MT4 and MT5 platforms
Live chat support

Is Alpari Legit?

  Yes. Alpari is regulated by National Bank of the Republic of Belarus (NBRB).

Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
NBRB
NBRBAlpari Evrasia Limited Liability CompanyRetail Forex LicenseУНП192637625

Market Instruments

  Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.

Tradable AssetsAvailable
Forex✔
Metals✔
Commodities✔
Indices✔
Cryptos✔
Stocks✔
Bonds❌
Options❌
ETFs❌

Account Types/Fees

  Demo Account: Alpari provides a demo account that allows you to try out the financial markets without the risk of losing money.

  Live Account: there are in total 3 types of live account: Pro ECN, ECN, and Standard. In the table below you can see the details. The minimum deposit ranges from $/€50 to $/€500, and other conditions such as leverage, spread, and commissions are also different.

Account TypePro ECNECNStandard
Trading InstrumentsFX, metals, indices, commodities, cryptos, stock CFDs (only MT5)FX, metals, indices, commodities, cryptosFX, metals, indices, commodities, cryptos
Min Deposit$/€500$/€300$/€50
Max Leverage1:30001:30001:1000
SpreadFrom 0.0 pipsFrom 0.1 pipsFrom 0.3 pips
Commission$25 per mil notional traded (FX, metals, indices, commodities)❌❌
0.03% notional traded (crypto)
$0.02 per side/lot (stock CFD)
Trading PlatformMT4/MT5MT4MT4/MT5
Margin Call80%80%50%
Stop Out50%50%20%
Swap Free✔✔✔
Account comparison

Leverage

  Alpari offers a maximum leverage of up to 1:3000 for the Pro ECN and ECN accounts, while 1:1000 for the Standard accounts. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Account TypeMax Leverage
Pro ECN1:3000
ECN1:3000
Standard1:1000

Trading Platforms

  Alpari uses MetaTrader 4 and MetaTrader 5, which offer great flexibility, extensive charting tools and a user-friendly interface. Besides, Alpari offers a proprietary platform, which is available on desktop and mobile devices.

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary platform✔Mobile/
MT4✔iOS, Android, Mac, WebtraderBeginners
MT5✔iOS, Android, PC, MacExperienced traders

Deposit and Withdrawal

  Alpari accepts deposits and withdrawals via credit/debit cards, e-wallets, bank wire transfers, and local payment solutions.

  The minimum deposit amount depends on the trading account you choose, and can vary between $20 and $500. There's no maximum deposit restriction on Alpari.

  You can withdraw as much as you like, as long as you use the same payment method that you used to deposit with. If you still have open positions, youll need to leave enough free margin in your account to cover the withdrawal and any extra fees that may occur.

Related broker

Regulated
Alpari
Company name:Parlance Trading Ltd
Score
1.76
Website:https://alpari.com/en/
5-10 years | Regulated in Belarus | Retail Forex License | Self-developed
Score
1.76

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