Alpari is a well-regarded forex and binary options broker that offers a range of trading options, including forex, stocks, and cryptocurrencies.
If you see an offer from Alpari that does not reflect the stated discount, or a couponcode does not work, please let us know and we will correct it as soon as possible.
Discount | Description | Expiry Date |
---|---|---|
$27600 | Trader wars live contest $27600 prize pool
| 2025-01-06 |
3% | Plus 3% to the payout of each successful trade
| 2025-01-11 |
$10 | Loyalty CASHBACK up to $10k
| 2024-12-27 |
$50 | Earn $50 when referring a friend to Alpari
| 2025-01-12 |
Like most brokers, alpari offers 24/7 support Monday through Friday. However, unlike this market, alpari also offers customer support from 12:00 to 20:00 (every hour GMT + 2/3) on weekends. This is very welcome and we want more brokers to do this. Help is available via live chat, telegram, phone, email and the myalpari hub.
Please note that the customer support team for deposits and withdrawals only works from 2pm to 8pm on weekdays and from 1pm to 5pm on Saturdays.
alpari offers very competitive terms and conditions on four different types of accounts.
Unlike other brokers, alpari offers two standard accounts: Instant Execution (Trading Desk) and two ECN accounts (Market Execution Accounts).
As with most brokers, the more money you deposit the better the trading conditions, but the basic trading conditions here are already better than most forex brokers. Leverage varies with the exception of the micro account, and non-convertible accounts are available for all account types (although limited to the MT4 platform).
alpari offers frequent bonuses and promotions including referral bonuses. Therefore, contact your account manager when signing up.
alpari has two standard accounts and two ECN accounts. ECN accounts are suitable better for experienced traders and require a higher minimum deposit. However, you do get access to the MT5 platform. Demo accounts are available, but not for the micro account or the ECN Pro account.
There are two default accounts at alpari, both of which use instant order execution and are only available on the MT4 platform. Spreads are generally higher than market execution accounts, but no commission is charged and both are available as no-swap accounts.
Standard Account: This type of account requires a minimum deposit of 100 USD/EUR/GBP. Spreads start from 1.2 pips and the margin call is set at 60%. With this account you can trade 61 forex pairs as well as special metals and special CFDs. Leverage fluctuates, but the cap is 1:1000, which is a dangerous amount. If you are a new trader, we recommend setting your leverage to a much lower limit.
Micro Account: This is a basic account with a minimum deposit of only 5 USD/EUR/GBP. Spreads are larger, starting at 1.7 pips. The margin call is 50%. You are only allowed to trade 25 currency pairs (excluding the exotic ones) and spot metals. Leverage is set at 1:400, which is still quite high. So keep that in mind before you start trading. The real advantage of this account is the low minimum deposit. However, if you can pay, we recommend opening the standard account above.
alpari's two ECN accounts use market execution and support MT5 and MT4, although the MT5 platform does not support Islamic or unlisted accounts. As with all ECN accounts, the spreads are much smaller.
ECN Account: This account requires a minimum deposit of 500 USD/EUR/GBP. Spreads start from 0.4 pips. Commission is $1.5/lot per side and leverage can reach 1:1000. Using this account with the MT4 platform also allows you to trade a limited number of cryptocurrencies. This account is also available on the MT5 platform, which limits the number of assets you can trade (33 pairs instead of 56 on MT4), but grants access to all the features of MT5 (economic calendar, built-in chat), market depth, more indicators and signals, deeper backtests, etc.)
Pro Account: This account is for professional traders only and requires a minimum balance of 25,000 USD/GBP/EUR at all times. No commission is charged on trades and spreads are in the order of 0.4 pips. Leverage caps at 1:300 and margin call is set at 120%.
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*Risk alert: Trading and other derivatives is highly speculative and represents a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Get independent advice, if necessary.
alpari has some of the best trading conditions in the industry across two standard accounts and two ECN accounts. With a small minimum initial micro account deposit and an excellent ECN Pro account for professionals, alpari is a broker for all types of traders. This is backed by 7 days a week customer service and support for industry leaders MT4 and MT5. Accompanying the Beginner's Guide is an Introduction to Trading Strategies, which is helpful in familiarizing yourself with the concepts and terminology used when developing a trading plan. alpari supports the latest iteration of the popular Metatrader platform, MetaTrader 5 (MT5). MT5 has an internal economic calendar for tracking important events in the financial world and a real-time market depth tracker, which is great for tracking other traders' movements in the market.