Alpari Forex Review
Name of the Company | Alpari Forex |
---|---|
Established In | 1998 |
Online since | 1998 |
International Offices | 22 countries |
Payment Methods | CashU, Chek, Clickandbuy, Moneybookers, Ukash, WebMoney, Wire Transfer. |
Demo Account and Platforms | Meta Trader4, Meta Trader 5, Systematic and Zulu Trade. |
Account currencies | USD, GBP, EUR, JPY, CHF |
Different Currency Pairs | 34 and 57. AUD/CAD AUD/CHF AUD/DKK
AUD/JPY AUD/NOK AUD/NZD AUD/SEK AUD/SGD AUD/USD CAD/CHF CAD/JPY CHF/JPY CHF/NOK CHF/PLN CHF/SGD EUR/AUD EUR/CAD EUR/CHF EUR/DKK EUR/GBP EUR/HKD EUR/JPY EUR/NOK EUR/NZD EUR/PLN EUR/SEK EUR/SGD EUR/TRY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/DKK GBP/HUF GBP/JPY GBP/NOK GBP/PLN GBP/SEK GBP/SGD GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/SGD NZD/USD SGD/JPY USD/CAD USD/CHF USD/CZK USD/DKK USD/HKD USD/HUF USD/JPY USD/MXN USD/NOK USD/PLN USD/RUR USD/SEK USD/SGD USD/TRY USD/ZAR |
Regulated or Registered By | NFA, FSA, CySEC, FSP |
Are US Traders Allowed? | Yes |
Any Bonus? (detailed) | |
Languages in which website is available | English, German, Chinese, Arabic, Japanese |
Languages in which support is available | English, Persian, French, Spanish, Russian, Turkish |
Different Support Methods | Phone, Email, live chat, web form |
Types of Account (micro standard executive islamic) | Micro, Classic, pro |
Minimum Deposit in Accounts | $200 |
Minimum position size | 0.01 lot |
Type of Spread | Variable |
Typical spread on EUR/USD, pips | 1.5 pips |
Minimum spread on EUR/USD, pips | 0.5 pips |
Is Scalping Allowed | No Restriction |
Is Use of Expert Advisor Allowed | No Restriction |
Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Currency, Gold and Silver, 17CFDs. Leverage is Max 1:500 for Forex and minimum is 1:50 for precious metals. |
Real Trading platforms | MetaTrader 4, Alpari Direct, MetaTrader 5, Alpari Direct Pro |
Digits after the dot in quotes | 5 |
Stop-out level | 20% |
Total Number of Currency Pairs | 34 but for MetaTrader 4 and Direct pro/Direct the number of currency pairs is 57. |
Any Bonus offers | Yes |
Any Trading contests | Yes |
Is Free education Available | Online tutorial and Webinar |
Is Trading by telephone Allowed | Yes |
Any MAM accounts | Yes |
Any Segregated accounts | Yes |
Do they have Managed accounts | Yes |
Islamic accounts available | Yes |
Do they have Trailing stop | Yes |
Do they have Pending orders | Yes |
Mobile trading Allowed | Yes |
Automated trading Present | Yes |
Alpari Forex is a Russian company which was established in the year 1998 and also started their internet based online trading service the same year. The company has offices in 22 countries and is well regulated by 9 regulators. The Company is said to be the number one Meta Trader broker in Russia and one of the largest in the world. They provide their customer PAMM account which means that the traders are at large to trade from the accounts of experienced traders and make maximum profit. Many analytical tools like the technical, financial and chart analysis is provided to the customers. They have lucrative bonuses to attract new customers and keep the interest of the old ones. They also offer free education in trading through online tutorials and webinars. MAM accounts, segregated accounts, managed accounts and even Islamic accounts are made available to the traders. Mobile trading is also provided to the customers and is a boon for all the traders who are constantly travelling. The various payment methods include CashU, check, Clickandbuy, Moneybookers, Ukash, WebMoney and wire transfers.
Alpari forex is a Meta Trader broker and hence offers Meta Trader 4 and 5 along with Systematic and Zulu trade as demo platform. However, for real trading they have in house trading platforms like Alpari Direct and Alpari Direct Pro along with Meta Trader 4 and Meta Trader 5. Their website is available in 5 languages and is very easy to navigate. However, their customer support service is available in 6 languages and is excellent. The support staffs are very responsive and well trained to handle any trade related queries and issues. They offer three different types of account which are Micro, Classic, pro and the minimum deposit required to open an account with them is $200. They have a variable spread and scalping is allowed. The use of Expert Advisor is also allowed.
If you are looking for one of the best brokers in the forex market then Alpari Forex is one of them. The amount of profit that you make while trading forex depends largely on the broker that you choose to trade through. Alpari forex reviews show that they have many happy customers and most of them have been for their excellent trading platform which helps them trade fast. It being highly regulated is also liked by many traders as it increases its reliability quotient. The execution of trade is very fast and the customer support service is very responsive. They are courteous and gives the solution to your problem instantaneously. Scalping is allowed and is loved by many traders. The use of Expert Advisor is allowed and is of great help in doing the trade. Mobile trading is allowed which makes it possible to trade even when the trader is travelling and is liked by many such traders. However, a few reviews state that there is some issues while opening the account. However, the overall review is very positive and average rating given to the company by its users is 5.5 out of 10.