I found the assets listing of Alpari to be very small compared to that of top-tier brokers like IG. I believe improvement is much needed on the training resources provided as many people prefer video lessons like those provided by Fortrade. You are provided with the opportunity to either become signal providers or to copy signals from other traders. You can choose from different traders and strategies that you would like to copy. I have to reiterate that past performance is by no means guarantee of future performance.

Alpari has local offices in Lagos, Nigeria, and offers four retail investor accounts to Nigerian Traders. Open an account and get instant access to trade ideas, analysis and personal support. Choose from Alpari Mobile, our easy, yet powerful mobile app, or MetaTrader 4 or 5, the world’s most popular feature-rich platform with advanced charting and analysis. Alpari minimum deposit amount starting from $5 and moves on further from 20$ and 500$ respectively for ECN accounts, which is quite a good Proposal overall. Rates, terms, products and services on third-party websites are subject to change without notice.

• However, few options may be eligible for fees, thus check it with customer service as to your applicable region.
• Research and analysis section is just great, Alpari is good for beginning traders, also provides automatic trading and participates in various projects.
• This app is all-encompassing as it can virtually do everything on the Alpari network.
• Alpari Comoros does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.
• The Micro Account is like a traditional account with the benefit that trading is done in cents.

The Micro Account is like a traditional account with the benefit that trading is done in cents. This account is ideal for beginner traders and those who are testing their trading strategies or practicing their trading skills. Alpari International is fully compliant with all anti-money laundering procedures and the broker is geared towards accountability, transparency, security, and building a solid reputation as an international forex broker. According to the official website of Alpari International, the broker is one of the largest brands in the industry.

Scores & Availability of different platforms

The only snag I found is that it cannot trade the markets on its own. Rather, it starts up the MT4 or MT5 mobile app whenever the ‘Trading’ button is tapped. You can check out other best trading apps if this is a dealbreaker for you. Alpari is proud to present you with the popular MetaTrader (MT) platforms.

You can check out Admirals for a better variety of educational resources. This is Alpari’s social trading platform that enables you to replicate the strategies and trade positions of another trader called a ‘Strategy Manager’. I like how there is a list of strategy managers along with their performance statistics to assist you to make a choice. FxWirePro is a renowned financial analysis and research firm that provides you with frequently updated market news, expert analysis, and trading tools.

The Strategy Managers earn through commissions paid by their copiers. Again, I must emphasize that past performance is by no means a guarantee of future performance. The ‘Alpari invest’ app is an Android and iOS app that was designed by Alpari to help investors to manage their investment portfolios. For those of you who need managed accounts, FXOpen are worth considering as alternatives. Alpari International is owned by Exinity Ltd which is a financial investment company located in Mauritius.

Tipos de cuenta en Alpari

The firm is authorized and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. Alpari alpari forex broker review Ltd is authorised and regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines.

Alpari: Plataformas de trading

These platforms were designed by the Cyprus-based trading software firm ‘MetaQuotes Software Corporation.’ The MT5 is the newer version of the MT platforms. However, I still prefer the MT4 as I find it more user-friendly with a simple user interface. Both versions are free for you to use and available as desktop applications, WebTrader and as mobile apps. The application interface of both platforms is very similar, both on mobile and on computers.

Alpari Alternative Brokers

There is a dedicated team that works toward providing comprehensive trading and investment solutions to retail traders and investors. Alpari is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. Trade FX with great leverage, no commission options, and spreads from zero. In addition, traders within the Alpari are able to perform account-to-account transfer in USD, EUR, and GLD currencies with no commissions. While the Alpari trading fees, which are built into the Alpari spread considered to be on a very competitive level among the market offering, you can check out and compare Alpari fees to FP Markets.

The average overnight fees that traders can expect on, for instance, EUR/USD is -0.06 pips on a short position and -0.61 on a long position. The commissions that Alpari International charges are as a flat fee from $1.5 on the ECN Account, on both MetaTrader and MetaTrader 5. These commissions are charged per lot, per side, which means that traders will pay from $3 per round turn.

Deposit and Withdrawal Fees

This Alpari Nigeria review will provide traders the details that they need to consider whether the broker is suited towards their unique trading objectives and needs. There is a broad range of services offered that allows retail traders to ensure that they get the best guidance, financial advice, and resources to make informed investment decisions. All with the confidence you’re joining a trusted global leader, with over 25 years’ experience – and more than 1 million clients worldwide. Alpari solutions meets various traders’ needs, through different types of execution and a variety of tools to choose from.

Does Alpari International offer leverage and what is the maximum ratio offered?

There is a decent selection of forex currency pairs along with spot metals, spot CFDs, and a a limited range of cryptocurrencies. I highly recommend checking out IC Markets for a better range of assets for trading. The MT4 and MT5 platforms provided by Alpari come with the Autochartist already installed in the platforms. This fantastic market analysis tool provides you with free trading signals by recognizing patterns on the charts. My favorite feature is how it automatically analyzes the charts and gives you its predictions. I also like how Autochartist is customizable to your specifications and can save you from hours of chart watching.

In summary, I found Alpari to be an experiencedB, award-winning, and popular trading broker. However, I believe the brand could improve in certain areas in order to compete with competitors like Pepperstone within the online broker industry. The chatting communication channels are Viber, Telegram, Facebook chat, UK chat, and instant web chat.

Alpari creates an opportunity for you to bring in your funds for money managers to trade on your behalf. This PAMM service has made Alpari very popular because it has attracted thousands of investors from all over the world. Alpari has also been into sponsorships of athletes, professionals, and sports tournaments.

Since 2005, the Alpari charitable fund has been providing support to orphans, children with chronic diseases as well as poverty-stricken families. So far, hundreds of children have been assisted with funds for medical treatment and thousands of families have been supported to help defeat poverty. I really appreciate it when a broker goes above and beyond for their social responsibilities. No, Alpari International is not considered a fake/scam as it is a well-regulated broker that is licensed and authorized by the Financial Services Commission of the Republic of Mauritius.