Introducing Alpari Broker
Alpari is one of the most reputable and long-standing Forex and CFD brokers in the global financial markets. Established in 1998, the broker has served millions of clients worldwide, offering a secure trading environment, advanced platforms, and a broad range of financial instruments. With access to Forex currency pairs, commodities, metals, indices, and cryptocurrencies, Alpari provides all the tools needed for both new and experienced traders to trade confidently.
With its fast execution, competitive spreads, flexible leverage options, and a selection of account types, Alpari ensures a seamless and efficient trading experience. The availability of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms allows traders to take advantage of automated strategies, advanced charting tools, and professional market analytics.
Regulation & License
Alpari operates globally through multiple entities and holds several international registrations that enable it to provide brokerage services to clients in various jurisdictions. The broker’s main regulatory oversight is maintained through its licensed financial subsidiaries, including Alpari Ltd (St. Vincent and the Grenadines) and other regional entities operating under local compliance frameworks.
Although Alpari is not regulated by top-tier authorities such as FCA or CySEC after the restructuring of its UK branch in 2015, the broker continues to operate legally through its international business model and maintains strict internal compliance procedures.
Regulatory Information:
- Regulator: Financial Services Authority (FSA) – St. Vincent & the Grenadines
- Company Name: Alpari Ltd
- Registration Number: 20389 IBC 2012
- Global Presence: Multiple operational offices serving traders worldwide
Key Features of Alpari
- Multiple account types, including Standard, ECN, and Pro Accounts
- Flexible leverage options up to 1:1000
- Competitive spreads and transparent fee structure
- MT4 & MT5 platforms with full support for EAs and automated trading
- PAMM investment service for passive income opportunities
- Fast deposits and withdrawals with global and local payment options
- Professional market analysis and educational resources
- Multilingual customer support across different regions
Who Is Alpari Best For?
Alpari is an ideal choice for beginner and professional traders looking for flexibility, diverse account types, and strong global presence. Its long history, stable infrastructure, PAMM investment system, and competitive trading conditions make it suitable for traders who want a balanced and user-friendly trading environment.
Broker Summary
| Item |
Details |
| Broker Name |
Alpari |
| Company Name |
Alpari Ltd |
| Founded |
1998 |
| Registered in |
St. Vincent and the Grenadines |
| Headquarters |
Global operations (Offices serving multiple regions) |
| Regulation / License |
FSA SVG – Registration No. 20389 IBC 2012 |
| Broker Type |
ECN / NDD / STP |
| Supported Languages |
English, Russian, Spanish, Arabic, Persian, and more |
| Accepted Countries |
Worldwide (except restricted jurisdictions like the USA) |
| Minimum Deposit |
$5 |
| Special Notes |
Well-known for PAMM accounts and high-leverage trading |
🏆 Awards & Recognitions – Alpari
Alpari has received numerous international awards for excellence in trading services, innovation, and investor satisfaction. Here are some of the notable achievements:
| Year |
Award Title |
Organizer / Event |
| 2011 |
Best Forex Broker |
ForexExpo |
| 2013 |
Best Forex Trading Conditions |
FX Empire |
| 2015 |
Best Investment Product (PAMM) |
Forex Expo Awards |
| 2017 |
Best Broker in CIS Region |
IAFT Awards |
| 2019 |
Best Forex Broker |
CPA Life Awards |
| 2020 |
Best Forex Platform (PAMM) |
International Business Magazine |
| 2021 |
Best Customer Support |
Global Brands Magazine |
| 2022 |
Best ECN Broker |
Dubai Forex Expo |
| 2023 |
Most Trusted Forex Broker |
Global Forex Awards |
Regulation & Licensing
Alpari, operating under the trade name Parlance Trading Ltd, is officially registered in the Union of Comoros on the Island of Mohéli.
The company is incorporated under registration number HY00423015.
According to the official statement published on Alpari’s website:
“Licensed by the Mwali International Services Authority (MISA), Island of Mohéli, as an International Brokerage and Clearing Company under number T2023236.”
This regulatory authorization allows Alpari to operate as an international brokerage firm and provide online trading services in accordance with the rules of the Mwali International Services Authority (MISA).
Company Information (as stated on the official website):
- Company Name: Parlance Trading Ltd
- Registration Number: HY00423015
- Regulator: Mwali International Services Authority (MISA)
- License Number: T2023236
- Jurisdiction: Island of Mohéli, Union of Comoros
Important Note
Although Alpari holds a valid license from MISA, this regulator is generally categorized as a Tier-3 financial authority, meaning the level of investor protection may be lower compared to top-tier regulators such as FCA, ASIC, or CySEC.
Alpari also clearly states that its services are not available to residents of certain countries and regions, as listed below.
Restricted Countries
Below is a list of key jurisdictions where Alpari does not provide services, based on information available on its official website.
| Country / Region |
Status |
Notes |
| United States (USA) |
❌ Not served |
Trading restrictions apply |
| United Kingdom (UK) |
❌ Not served |
Access prohibited |
| European Union (EU) |
❌ Not served |
Most EU member states restricted |
| Canada |
❌ Not served |
Services not available |
| Japan |
❌ Not served |
Restricted jurisdiction |
| India |
❌ Not served |
Listed as restricted |
| Myanmar |
❌ Not served |
Restricted jurisdiction |
Trading Platforms – Alpari
Alpari provides powerful and reliable access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the world’s leading trading platforms.
Whether you prefer the simplicity of MT4 or the advanced capabilities of MT5, Alpari delivers a seamless trading experience across all devices.
Platform Overview
MetaTrader 4 (MT4)
Available on:
✅ Windows
✅ iOS & Android
✅ WebTrader
Key Features:
✔ Classic and user-friendly interface
✔ Fast order execution
✔ Advanced charting tools and technical indicators
✔ Full support for Expert Advisors (EAs)
✔ Ideal for Forex and CFD trading
MetaTrader 5 (MT5)
Available on:
✅ Windows & Mac
✅ WebTrader
✅ iOS & Android
Key Features:
✔ Multi-asset platform with enhanced speed
✔ More order types and advanced trading tools
✔ Built-in economic calendar
✔ Depth of Market (DOM)
✔ Faster backtesting and optimization for EAs
📌 Additional Highlights – Alpari Platforms
- Access to a wide range of instruments: Forex, Metals, Indices, Commodities, Crypto CFDs
- One-click trading, real-time quotes, and customizable charts
- Full EA/Algo-trading support on both MT4 & MT5
- PAMM investment accounts available directly from the platform
- Seamless trading experience on desktop, mobile, and browser
- Multi-language interface supporting global clients
Account Types – Alpari
Alpari offers a variety of trading accounts tailored to different trader experience levels and styles. Whether you’re a beginner looking for a low-minimum deposit account, or a professional seeking ECN-style pricing and advanced features, Alpari has you covered.
| Feature |
Micro |
Standard |
ECN |
Pro ECN |
| Minimum Deposit |
From $5 (or equivalent) on MT4 Micro account. |
From $50 on MT4 Standard account. |
From approx $300-500 (or equivalent) for ECN account. |
From approx $25,000 for Pro ECN account for professional traders. |
| Spread Type |
Floating |
Floating |
Very tight floating (raw) + commission applies |
Ultra-tight floating + commission or other conditions |
| Average Spread on EUR/USD |
From ~1.7 pips (Micro) |
From ~1.2 pips (Standard) |
From ~0.4 pips on ECN account (plus commission) |
From lowest possible spreads for large volume traders. |
| Commission |
None (for Micro & Standard) |
None |
Commission applies (ECN) |
Commission or special terms apply for Pro ECN |
| Leverage |
Up to 1:1000+ (depending on instrument & region) |
Same |
Same |
Same or slightly lower depending on volume |
| Execution Type |
Instant / Market depending on account and region |
Market / Instant depending |
Market execution via ECN liquidity providers |
Market execution with best liquidity |
| Swap-Free Option |
Yes – Islamic account option available on most account types |
Yes |
Yes |
Yes |
| Best For |
Beginners, small capital, those starting trading |
All types of traders who want a good balance |
Scalpers, advanced traders wanting raw pricing |
Institutional clients, professional traders with large capital |
📝 Note: All account types are available on both MT4 and MT5 platforms unless otherwise specified.
Spreads & Fees – Alpari
Alpari offers competitive spreads and transparent trading costs across its account types. With both standard floating spreads and ECN-style raw pricing, the broker is suitable for scalpers, day traders, algorithmic traders, and long-term investors. Below is an overview of the typical spreads and fees you can expect from Alpari.
Typical Spreads by Account Type
| Instrument |
Micro |
Standard |
ECN |
Pro ECN |
| EURUSD |
From ~1.7 pips |
From ~1.2 pips |
From ~0.4 pips (raw) |
From ~0.2 pips (raw) |
| GBPUSD |
From ~2.0 pips |
From ~1.8 pips |
From ~0.8 pips (raw) |
From ~0.5 pips (raw) |
| XAUUSD (Gold) |
From ~30 pips |
From ~22 pips |
From ~10 pips (raw) |
From ~6 pips (raw) |
| XAGUSD (Silver) |
From ~3.5 pips |
From ~3.0 pips |
From ~1.0 pips |
From ~0.7 pips |
📌 Note:
Spreads vary depending on market volatility, liquidity, and trading session. ECN and Pro ECN accounts show raw spreads, with commissions applied separately.
Fees & Trading Costs
| Fee Type |
Description |
| Swap / Overnight Fees |
Applied to positions held overnight. A Swap-Free (Islamic) option is available for most account types. |
| Commission |
Applied only on ECN and Pro ECN accounts. Commission varies based on volume and instrument traded. |
| Deposit Fee |
None — Alpari does not charge deposit fees. Third-party payment providers may apply their own charges. |
| Withdrawal Fee |
Depends on the withdrawal method (e.g., crypto network fee, e-wallet charges, bank transfer fees). |
| Inactivity Fee |
No inactivity fee reported for standard retail accounts. |
| Account Opening / Maintenance Fee |
None — account creation and maintenance are free. |
Additional Cost Notes
- Raw spreads on ECN & Pro ECN start from 0.0–0.4 pips, depending on market depth.
- Commissions for ECN accounts are competitive and volume-based.
- Swap-Free accounts are designed for Muslim traders and remove overnight swap charges.
- Withdrawals via crypto or local payment gateways may include separate provider fees.
Deposit & Withdrawal – Alpari
Alpari supports a variety of secure and flexible payment methods tailored to clients in different regions. Whether you prefer bank cards, e-wallets, bank transfers or cryptocurrencies, Alpari offers options to deposit and withdraw funds smoothly.
Method / Deposit / Withdrawal / Processing Time / Notes
| Method |
Deposit |
Withdrawal |
Processing Time |
Notes |
| Credit/Debit Cards |
✅ Supported |
✅ Supported |
Instant to 1 business day |
“Closed loop” policy: must withdraw via same card. |
| Bank Transfer |
✅ Supported |
✅ Supported |
1-3 business days |
Large volume & currency conversion may apply. |
| E-Wallets (e.g., Neteller, Skrill) |
✅ Supported |
✅ Supported |
Usually under 24 hours |
Fastest for many regions. |
| Crypto (where available) |
✅ Supported |
✅ Supported |
Varies (often hours) |
Must follow the same method “closed loop” for crypto deposits. |
| Local/Regional Payment Systems |
✅ Supported |
✅ Supported |
Varies by provider |
For specific markets/languages. |
Additional Details
- Alpari has a closed-loop requirement: if you deposit via credit card, debit card or crypto, you must first withdraw the deposited amount via the same method before switching to another method.
- Deposits are typically free from internal broker fees, although third-party payment provider fees may apply.
- Withdrawal fees depend on the payment method, network and region. Some methods might carry provider or currency-conversion fees.
- Alpari processes most e-wallet withdrawals within one business day; bank transfers may take longer.

How to Become an IB
- Create an account on Alpari Partners Hub.
- Complete KYC verification (ID + address).
- Receive your unique referral link (Partner ID).
- Share your link and introduce clients.
- Earn commissions based on client trading volume.
IB Commission Structure
Alpari offers two main partner models:
1. Revenue Share (Spread / Commission Sharing)
- Earn up to 60% of Alpari’s revenue from each client’s trades.
- Typical examples:
- Standard Accounts: ~ $4–$7 per lot
- ECN Accounts: ~ 30% of the commission per lot
2. CPA (Cost Per Acquisition)
- One-time payout for each qualified client.
- Up to $275 per client depending on region & deposit amount.
Payment Notes
- Payouts are usually monthly.
- Minimum withdrawal: $100.
- Commissions do not apply for abusive / under-5-minute trades.
- All stats and payments are tracked inside the IB dashboard.
Customer Support
Alpari offers multilingual customer support across multiple channels to serve traders globally. Support is available in major languages including English, Russian, Spanish, Chinese, Portuguese, Arabic, Persian (Farsi), Indonesian, and Vietnamese.
Support channels include:
- Live chat via the website, offering real-time assistance.
- Email support for account, technical, deposit/withdrawal and general enquiries.
- Telephone helpline available for more urgent or complex issues.
- A detailed Help Centre / FAQ section covering many common issues—helping with self-service assistance.
Alpari may also provide dedicated account or relationship managers for certain account types or regions based on trading volume or deposit size.
How to Register and Verify Your Account on Alpari
Opening an account with Alpari is quick, simple, and fully online. Follow the steps below to register, activate your profile, and complete verification to start trading.
1. Start the Registration Process
Begin by clicking the registration link provided on this page.
You will be taken to the Alpari sign-up form.
2. Fill Out the Sign-Up Form
On the registration page:
- Enter your full name
- Submit a valid email address
- Provide your mobile phone number
- Choose your country of residence
- Set a strong password
Once completed, click Continue.
3. Confirm Your Email
After submitting the form, Alpari will send you a confirmation message.
- Open your email inbox
- Find the message from Alpari
- Click Verify Email
Your email address will now be confirmed.
4. Log In to Your Personal Area
After email verification, log into your MyAlpari dashboard using your email and password.
5. Verify Your Phone Number
Inside your dashboard, you will see a notification:
“Your phone number is not verified. Please confirm your phone number.”
Click Verify Phone Number, enter the code sent to your mobile, and complete the verification.
6. Complete Profile Verification (KYC)
Alpari requires all clients to complete identity verification before trading or withdrawing funds.
Click Verify Profile and follow the steps:
A. Upload Identity Document
Choose one of the following:
- Passport
- National ID card
- Driver’s license
Take a clear photo or upload a scanned copy.
B. Proof of Address
Upload a document showing your full name and address:
- Bank statement
- Utility bill
- Government-issued document
(Usually not older than 3 months)
C. Face Verification (Liveness Check)
Using your mobile phone, follow the on-screen instructions to record a short selfie video for identity confirmation.
7. Account Approval
Once your documents are reviewed, your account will be approved.
Verification times may vary depending on the volume of submissions, but most accounts are verified within a short period.
8. Make Your First Deposit
After verification, you can proceed to the Deposit section and choose from a variety of payment methods including cards, bank transfer, e-wallets, and crypto options (depending on your region).
9. Start Trading
Once your account is funded, download MetaTrader 4 or MetaTrader 5, log in with the credentials from your MyAlpari dashboard, and begin trading.