Альпари Форекс Авточартист

• Comparison
• Alpari versus FXTM

With an average execution speed of seconds and an average price improvement of pips or $ per lot, FXTM offers traders excellent order execution and deep liquidity through its out-of-the-box MT4/MT5 platforms. Quality education, market research, and trading signals cater to beginners. The FXTM Invest service caters to copy traders.

Traders at Alpari get the core MT4/MT5 trading platforms and a proprietary mobile app. It also offers the PAMM module for account management services, and active traders can lower fees via a four-tier loyalty program. Alpari also provides actionable trading signals by trusted third-party provider Autochartist, and beginner traders get introductory educational articles.

We have conducted an in-depth review of FXTM and Alpari to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & Platforms	FXTM (visit site)	Alpari (visit site)
Headquarter:	Mauritius	Saint Vincent and the Grenadines
Established :
Retail Loss Rate:	%	Undisclosed
Regulation:
Minimum Deposit:	$	$0
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$5 monthly after six months	$5 monthly after six months
Deposit Fee:	Third-Party	Third-Party
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	47	8
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	MT4/MT5 upgrades	Cryptocurrency deposits
Unique Feature Two:	Proprietary copy trading platform	PAMM accounts
Broker Offers:

Noteworthy:

Traders at FXTM must deposit $ to get the most competitive trading conditions offered. Alpari has a complex account structure, where PAMM accounts face higher spreads and commissions.

Available Markets

Available Markets	FXTM	Alpari
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:

While FXTM maintains 1,+ trading instruments, Alpari merely lists 78 for one account type, and the other account types have even fewer. FXTM focuses on equity CFDs and offers direct share investments and in-house constructed thematic stock baskets for long-term investors. Alpari is suitable for focused trading strategies, like scalping, requiring few but highly liquid assets.

Typical Spreads and Fees

Typical Spreads & Fees	FXTM	Alpari
Minimum Raw Spreads:	pips	pips
Minimum Standard Spreads:	pips	pips
Minimum Commission for Forex:	$ per lot	$ per standard lot
Commission for Equities:	Commission-free	Not applicable
Rebates:	No	Yes
Execution Type:	Market Maker/ECN Hybrid	Market Maker

The commission-based Forex pricing environment at both brokers is competitive. FXTM maintains lower commissions for high-volume traders, but low-volume traders get cheaper costs at Alpari. The commission-free offer is expensive at both FXTM and Alpari, but the latter offers a loyalty program based on deposits with rebates.

Security and Trust

Alpari

Country of the Regulator	Name of the Regulator	License Number
Saint Vincent and the Grenadines	Financial Services Authority	Unregulated

FXTM

Country of the Regulator	Name of the Regulator	License Number
Mauritius	Financial Services Commission	C
UK	Financial Conduct Authority
Cyprus	Cyprus Securities and Exchange Commission	/12
South Africa	Financial Sector Conduct Authority

FXTM and Alpari both segregate client deposits from corporate funds and offer negative balance protection. The UK and Cyprus subsidiaries of FXTM have an investor compensation fund. Alpari operates as an unregulated but duly registered company, registration number IBC , and is a Financial Services Commission member, where a €20, investor compensation fund per claim exists.

Alpari vs FXTM – Verdict

Alpari

Pros	Cons
Low trading costs in the commission-based trading accounts	Limited asset selection
PAMM module for account management and proprietary copy trading app
Four-tier loyalty program based on deposits rather than trading volume
Trading signals by Autochartist and introductory educational content

FXTM

Pros	Cons
Excellent commission-based Forex pricing environment and transparency	No cryptocurrencies and a limited choice of commodities
Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
Quality market research and educational content for beginner traders
Proprietary copy trading platform, low minimum deposit, and high leverage

The Alpari loyalty program based on deposits rather than volume offers Forex scalpers an excellent trading environment. The limited asset selection can make many strategies impossible to execute, however. While FXTM demands a minimum deposit of $, the commission-based pricing environment remains one of the cheapest industry-wide. The balanced asset selection and excellent order execution make FXTM the overall more competitive choice.

You might also be interested in reviewing the below broker comparisons:

Is Alpari a safe broker?

Alpari has stood the test of time, operational since It remains an unregulated but duly registered broker and is part of the Exinity Group, like FXTM, and a Financial Services Commission member, making it a safe broker.

What is the minimum deposit for Alpari?

Alpari does not have a minimum deposit requirement, ensuring clients maintain complete flexibility, restricted only by the payment processor requirements.

Does Alpari charge commissions?

Alpari charges a minimum Forex commission of $ per standard lot, among the cheapest industry wide.

Where is Alpari located?

The Alpari headquarters is in Saint Vincent and the Grenadines.

Is Alpari available in Nigeria?

Alpari is available in Nigeria and accepts Nigerian-based clients.

Is FXTM trusted?

FXTM ranks among the most trusted and transparent brokers. It maintains a spotless regulatory record with four regulators and has over a decade of experience.

Which FXTM account is best?

The best FXTM account is the Advantage option, which requires a minimum deposit of $, giving traders get a highly competitive trading environment.

Company information

Alpari is a legally registered forex broker located in Mwali, regulated by the Mwali International Services Authority (MISA).

The broker is also a member of The Financial Commission (FinaCom), an independent organization that resolutes disputes.

Availability

Alpari group accepts clients from all over the world, excluding USA, Canada, United Kingdom, European Union, Australia, Japan, North Korea, Iran, Syria, Sudan and Cuba.

Distinctive features

• Large pool of PAMM trading accounts.
• Simple registration and verification process.
• Various binary options available for trading.
• Tight spreads on major currency pairs.

Trading instruments

Forex broker offers the following underlying assets for FX trading.

Forex broker offers the following underlying assets for Binary Options trading (right after registration, open the 'Alpari Fix-Contract' account).

Comprehensive review

Established in , Alpari is among the oldest forex and CFD brokers operating today. The broker is licensed by the Mwali International Services Authority (MISA), the government agency in charge of company registrations on the autonomous island of Mwali in the Comoros Union. However, the broker lacks licenses from any of the European regulators, and should effectively be considered an unregulated offshore forex broker.

In , Alpari (UK) Limited entered insolvency proceedings with the Financial Conduct Authority in the UK, and in April the same year the company’s license to operate in the US was revoked by the US National Futures Association (NFA), according to official statements published on both regulators’ websites.

Alpari is a member of The Financial Commission, an independent industry organization for dispute resolution between brokers and traders.

As of this writing, the company is not registered in any other countries than Mwali/Comoros Union.

As a result of this, Alpari does not accept clients from any EU countries, the US, Canada, Australia, Japan and a few others. And given that the broker only operates outside of European Union jurisdiction, available leverage is extremely high with up to ,

eunic-brussels.eu is available in nine different languages, and the broker is represented with offices in a range of countries mostly throughout Eastern Europe, Central Asia, and Russia.

In terms of trading platforms, Alpari offers both the standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its own mobile trading platform called Alpari Mobile. The mobile platform has a clean and simple design, making it easy to use even for beginners in forex trading.

A nice benefit for Alpari’s clients is the free access the broker offers to the very well-regarded automated technical analysis tool known as Autochartist that offers things like trading signals when there is a break-out in a chart, and tools to automatically identify trends.

In addition to the charting tool comes a free news wire stream from the financial news provider known as FXStreet, which might be helpful for shorter-term traders.

Alpari also features a large selection of structured products, or trading algorithms that their clients can choose to trade with. This can be found under the “PAMM portfolio constructor” page on the broker’s website, along with all information necessary to get started.

To get started trading with Alpari, all that is needed is to fund a trading account with $1, which is this broker’s minimum deposit amount. This means that virtually anyone can open an account and start trading with this broker, making it a good place for beginners to start their trading journey.

Customer support with Alpari is available through live chat on the broker’s website, via the messaging app Telegram, and through a UK phone number. The broker does not list support phone numbers for any other countries on its website, nor is there any information about the support team’s working hours.

In conclusion, it’s clear to us that with about a quarter of a century in the forex broker industry, Alpari is one of the true veterans of this fast-changing sector. That should by itself assure many traders who may be worried about other forex brokers that are coming and going at a fast pace, and it also serves as prove that this broker is here to stay.

Alpari is among the oldest brokers in the forex/CFD market. After operating in several foreign markets, it consolidated its operations into a non-US and non-UK global brand. This review presents a sneak peek into what traders who choose Alpari can enjoy as they go about their trading business.

I. Background and Company Overview of Alpari

Alpari traded as a global entity for much of its early years, offering varying trading conditions from its UK, US, and global operations. Due to regulatory changes, the brand has consolidated into a single offshore location. It retains much of its old popularity due to the following:

• Alpari also runs a loyalty program in which eligible traders earn cashbacks on trading transactions.
• Deposits made with China UnionPay qualify for a full refund of the deposit commission.
• Newbie traders on Alpari can subscribe to the copy trading service by subscribing to the MetaTrader trading signals service. Experienced traders can also sell their expertise by allowing other traders to copy their trades using the other side of the same service.

II. Trading Platforms and Tools

The following platforms are available on Alpari:

• MT4
• MT5
• Alpari Mobile
• Alpari Invest
• Alpari Fix-Contracts

The MT4 and MT5 are available as desktop and browser-based clients and mobile apps.

Alpari Mobile is a proprietary mobile app that provides all the tools traders need for analysis and trading.

Alpari Invest is a mobile app for managing all investments from a single portal. With this app, you can manage your portfolio and PAMM accounts and perform funding and withdrawal transactions.

The Alpari Fix-Contracts platform is a proprietary portal for trading digital options. It is also available as a mobile app.

Other trading tools and resources on Alpari include:

• Free Autochartist signals from the MT4 plugin, which comes free for all Alpari's clients. It also comes as a web-based app.
• An additional risk calculator that comes with the Autochartist MT4 plugin.
• Alpari Invest is a copy-trade product that allows passive investment into listed strategies of other professional traders.

III. Account Types and Spreads

Alpari offers two main types of accounts:

The Alpari Standard Account has two subtypes: the Forex Standard account, which has a $ minimum deposit, and the Forex Micro Account, which comes with a $5 minimum deposit. The subtypes under the Alpari Standard account are all MT4 accounts. The lowest spreads on the Forex Standard and Forex Micro accounts are pips and pips, respectively.

The Alpari ECN account has two subtypes: the Forex ECN account, which runs on MT4 and MT5, and the Forex Pro account, which is an MT4 account. The FX ECN account comes with a $ minimum deposit, while the Pro account has a $25, minimum deposit.

The lowest spreads on these accounts are from pips. The Forex ECN account also attracts commissions on both sides of the trade, starting from $ per lot.

IV. Contract Specifications

What are the contract specifications on Alpari?

• The MT4 ECN accounts are swap free, but the MT5 are not.
• All accounts operate the 5-digit price quotation system, with the exception of the JPY pairs which are 3 digits.
• Metal assets come with a 2-decimal point system on the MT4 and a 3-decimal point system on the MT5 (a rarity).
• Minimum trade volume is lots on all accounts, with increments of lots. Maximum volume per trade is 30 lots on the Forex Standard account, 1 lot on the Forex Micro Account, 50 lots on the Forex ECN and lots on the Forex Pro account.
• Forex Standard Account has a floating leverage that starts from , as does the Forex ECN account. The Forex Micro Account has a fixed leverage of , and the Forex Pro account has a floating leverage that starts at

V. Security and Regulation

Alpari brand is now operated by Alpari (Comoros) Ltd, licensed by the Mwali International Services Authority in the Island of Moheli, Comoros. It operates under an International Brokerage and Clearing House license, number T

Alpari's services are not available globally. Individuals resident in the US, Canada, Japan, Australia, the United Kingdom, DPRK, European Union, Iran, Sudan, Cuba and Syria are prohibited from the Alpari platform. This is either due to local restrictions from regulators in some of these nations or international sanctions prohibitions.

VI. Customer Support and Education

The customer support desk on Alpari is available via the following channels:

• WhatsApp: +
• Telegram: @Alpari_Official_Bot
• Email: [email protected]
• Phone: +44 (ext. 1)

Alpari vs Libertex (Forex Club) Comparison

We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare Alpari vs Libertex (Forex Club).

Can I trust Alpari?

Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).

Can I trust Libertex (Forex Club)?

Libertex (Forex Club) is not publicly traded and does not operate a bank. Libertex (Forex Club) is authorised by one Tier-1 regulator (Highly Trusted), zero tier-2 regulator (Trusted), zero tier-3 regulators (Average Risk), and zero tier-4 regulators (High Risk). Libertex (Forex Club) is authorised by the following Tier-1 regulators: Regulated in the European Union via the MiFID passporting system.

Is Alpari good?

Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.

Is Libertex (Forex Club) good?

Forex Club is a long-standing MetaTrader broker offering forex and CFDs, along it's more recently launched Libertex brand catering to the EU market with a proprietary web platform. The biggest issue with Libertex (Forex Club) is the few regulatory licenses it holds, which bring down its Trust Score, compared to the most trusted brokers.

What is the minimum deposit requirement for opening an account with Alpari?

To open a trading account with Alpari, you'll need to make an initial minimum deposit of $

What is the minimum deposit requirement for opening an account with Libertex (Forex Club)?

Libertex (Forex Club) requires a minimum deposit of $10 before you can open an account and start trading.

What funding options does each broker offer?

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Alpari offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas Libertex (Forex Club) provides Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw)

Does Alpari or Libertex (Forex Club) offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Alpari offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

Is Alpari or Libertex (Forex Club) safer for forex and CFDs trading?

At eunic-brussels.eu, we track over international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Libertex (Forex Club) holds 1 global Tier-1 licenses, while Alpari holds 0. Both Alpari and Libertex (Forex Club) hold 0 global Tier-2 licenses.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Libertex (Forex Club) (73) earned a higher Trust Score than Alpari (68).

Which trading platform is better: Alpari or Libertex (Forex Club)?

To compare the trading platforms of both Alpari and Libertex (Forex Club), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Libertex (Forex Club) offers a better experience. With research, Alpari offers superior market research. Finally, we found Libertex (Forex Club) to provide better mobile trading apps.

Here’s what trading platforms are available at Alpari:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Libertex (Forex Club):

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - No
• TradingView - No

What about MetaTrader? How about copy trading?

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Alpari and Libertex (Forex Club) offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Alpari and Libertex (Forex Club) both offer copy trading.

What can I trade with each broker?

Libertex (Forex Club) provides traders 51 currency pairs (e.g., EUR/USD) compared to Alpari's 46 available pairs. If you are interested in trading CFDs, Libertex (Forex Club) offers traders access to CFDs, while Alpari offers access to CFDs; so Libertex (Forex Club) offers more CFDs than Alpari.

We found in our testing that Libertex (Forex Club) offers a more diverse selection of investment options than Alpari, allowing you to trade Forex Trading (Spot or CFDs), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical) and Spread Betting.

Overall winner: Alpari

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