Alpari Group 2023 Review: A Must-See Forex Broker Evaluation

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Founded in 1998, the Alpari Group stands as a prominent global financial services company, renowned for its expertise in online forex trading and investment solutions. Operating in over 150 countries, Alpari offers a diverse range of financial instruments through platforms like MetaTrader 4 and 5, ensuring accessibility to currencies, commodities, indices, and cryptocurrencies.

With a commitment to transparency and innovation, Alpari serves traders of all levels with educational resources, market insights, and a variety of account options. Its two-decade journey underscores its reputation as a pioneering and customer-focused entity in the realm of online trading.

Overview of Alpari Group

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The Alpari Group is a prominent international financial services company, specializing in online forex (foreign exchange) trading and investment services. Established in 1998, Alpari has grown to become one of the leading names in the industry, serving clients in over 150 countries.

This company offers a range of trading platforms, including MetaTrader 4 and MetaTrader 5, facilitating access to a wide array of financial instruments, such as currencies, commodities, indices, and cryptocurrencies.

With a commitment to transparency, innovation, and customer satisfaction, Alpari provides educational resources, market analysis, and various account types to cater to both novice and experienced traders. The Group’s global presence and technological advancements have positioned it as a significant player in the online trading arena.

Regulation and Security of Alpari Group

When it comes to regulation and security, Alpari Group checks all the boxes. As one of the most reputable brokers, Alpari is regulated by top-tier authorities like the Financial Conduct Authority (FCA) in the UK, the Russian Federal Service for Financial Markets (FSFM), and the Cyprus Securities and Exchange Commission (CySEC).

What does this mean for you? Your funds and data will be kept secure in segregated accounts, and Alpari must follow strict rules to ensure fair practice. You’ll also have peace of mind knowing you’re trading with a broker that has been operating successfully since 1998.

Alpari offers negative balance protection, so you’ll never lose more than you deposit. They utilize strong encryption for all account information and transactions. Two-factor authentication, secure logins, and other safety measures help safeguard accounts from unauthorized access.

Overall, Alpari Group is a reputable, well-regulated broker that takes security and compliance seriously. Between their experience, oversight from top agencies, and robust safety standards, you can feel confident your money and information will be protected. Regulation may not be the most exciting topic, but when it comes to forex brokers, it’s one of the most important things to consider. With Alpari, you’re in good hands.

What You Can Trade on Alpari Group

Alpari Group offers a wide range of tradable assets to suit any trader’s needs. You can trade:

Forex – Alpari provides access to over 50 currency pairs including major, minor, and exotic crosses. Whether you’re a scalper, day trader, or swing trader, Alpari has you covered.

CFDs – Contracts for difference allow you to speculate on the price movements of stocks, indices, commodities, and ETFs without actually owning the underlying asset. Alpari offers CFDs on thousands of instruments across multiple markets.

Cryptocurrencies – Want to trade the hottest digital assets like Bitcoin, Ethereum, and Litecoin? You can trade crypto CFDs with leverage up to 1:3 on Alpari.

Stocks – Access over 1,500 stocks from 15 global exchanges including NYSE, NASDAQ, and LSE. Go long or short and use leverage up to 1:5 to amplify your returns.

Indices – Speculate on the price movements of major global indices like S&P 500, FTSE 100, or Nikkei 225 with leverage up to 1:200.

Commodities – Trade CFDs on hard and soft commodities including oil, natural gas, gold, silver, coffee, sugar, and more.

ETFs – Get exposure to a variety of sectors and markets through leveraged ETF CFDs on Alpari. Over 200 ETFs are available for trading.

Fees of Alpari Group

When it comes to fees, Alpari Group is very transparent and affordable. They offer competitive spreads and do not charge any hidden fees.

Minimum Deposit

To open a live trading account with Alpari Group, you only need to deposit $100. This is one of the lowest minimum deposits among brokers. Such a low deposit makes Alpari accessible to all traders.

Payment Methods

Alpari Group offers a variety of payment methods for deposits and withdrawals. You can fund your account via bank wire, credit/debit cards (Visa, Mastercard), Skrill, Neteller, Webmoney, FasaPay, Perfect Money, Bitcoin, Ethereum and more. Using e-wallets and credit cards, deposits are instant while bank wires take 2-5 business days.


Withdrawals are processed within 1 business day and funds are released to your account/e-wallet within 2-5 business days depending on your selected payment method. Alpari charges no withdrawal fees for most methods except wire transfers which incur a $25 fee. The minimum withdrawal amount is $5.

Demo VS Pro Account on Alpari Group

Aspect Demo Pro
Purpose Practice and learning Active trading with advanced features
Initial Capital Virtual funds (demo money) Minimum deposit required
Trading Condition Simulated market conditions Real market conditions
Technical Indicators Generally available A wide range of technical indicators

Alpari Group Customer Support

Alpari Group offers support to clients 24 hours a day, 5 days a week. You can contact them via live chat, email, or phone. The customer service team is available in several languages including English, Spanish, Chinese, and Russian.

Live Chat

The live chat feature on Alpari Group’s website and trading platforms is a convenient way to get help. You’ll connect with a customer service agent who can answer questions about your account, deposits and withdrawals, trading platforms, and more. Live chat is available 24/5.

Email Support

If your question isn’t urgent, you can also reach Alpari Group’s support team by email at Emails are typically replied to within 1 business day. Be sure to include details about your account and query to help the agent resolve your issue as quickly as possible.

Phone Support

For phone support, Alpari Group offers local phone numbers in over 20 countries as well as a UK-based international hotline. Phone support is offered 24 hours a day, Monday to Friday. Calling on weekends or holidays may result in longer wait times to speak to an agent.

Is Alpari Group Legit or a Scam?

So is Alpari Group legit or just another Forex scam? Based on our extensive research, Alpari Group is a reputable and regulated forex broker. Here are a few reasons why:

Alpari Group is regulated by financial authorities in several countries, including the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). These regulators require Alpari to segregate client funds, report regularly, and meet strict financial standards. This provides an important level of security for your money and personal information.

It has won several industry awards over the years, including “Best Forex Broker in Eastern Europe” and “Best ECN Broker.” These awards reflect Alpari’s solid reputation and the quality of services it provides to clients.

Pros and Cons of Alpari Group

So, what are some of the main pros and cons of using Alpari Group? Here are a few of the key points to consider:


  • Regulated and secure: Alpari Group is regulated by several top-tier regulators like the FCA, ASIC, and FSCA. Your funds and data will be kept safe.
  • Wide range of tradable assets: You can trade forex, stocks, commodities, indices, cryptocurrencies, and more. There’s something for every trader.
  • Competitive fees: Alpari Group offers low spreads, no commissions on most trades, and free deposits and withdrawals. The minimum deposit is only $100.
  • Great customer support: Alpari Group provides customer support 24/5 via phone, email, and live chat. They aim to respond quickly and resolve any issues.


  • Higher spreads for some accounts: If you open a standard account rather than an ECN account, you’ll face higher spreads which can impact your profits. ECN accounts do come with monthly fees though.
  • Limited product portfolio: Alpari Group focuses primarily on forex and CFD trading. They do not offer options, bonds, or mutual funds. If you’re looking to diversify into other assets, you’ll need another broker.

Final Thought

As you’ve seen, Alpari Group is a reputable broker with over 20 years of experience providing trading services to clients worldwide. With tight spreads, a range of trading instruments, and competitive fees, Alpari Group seems to check a lot of boxes for most traders.

While their customer support could still use some improvement, overall Alpari Group appears to be a legitimate broker worth considering. The choice is ultimately up to you.



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