Company Summary
| Quick Alpari Review Summary | |
| Company Name | Alpari (Comoros) Ltd |
| Founded in | 2002 |
| Registered in | Mauritius |
| Regulated by | NBRB |
| Trading Instruments | 120+ trading products including Forex, Metals, Commodities, Indices, Cryptos, and Stocks |
| Currency Pairs quantity | 60+ |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Account Type | Pro ECN, ECN, Standard |
| Min Deposit | $20 |
| Max Leverage | 1:3000 |
| Spread | 0.3 pips onwards (Standard account) |
| Trading Platform | Alpari App, MT4/MT5 |
| Deposit and Withdraw Methods | Credit/debit cards, e-wallets, bank wire transfers, and local payment solutions |
| Customer Service | Email: legal@alpari.com, Phone: 00 44 20 45 77 19 51, Livechat, Facebook |
| Customer Services Languages | English, Farsi, Russian |
| Headquarter Address | Bonovo Road, Fomboni, Island of Moheli, Comoros |
| Clients Regional Restriction | Alpari (Comoros) Ltd, does not provide services to residents of the USA, JMyanmarthe Democratic Republic of Korea, European Union, United Kingdon2, |
Alpari Information
Founded in 2002, Alpari is regulated by the NBRB in Belarus and has eight global offices with operations on three continents. Alpari does not offer services for the residents from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.
Pros and Cons
| Pros | Cons |
| Regulated by NBRB | Too many complaints |
| Many instruments available | No copy trading |
| Demo accounts | Regional restrictions |
| Low minimum deposit | |
| MT4 and MT5 platforms | |
| Live chat support |
Is Alpari Legit?
Yes. Alpari is regulated by National Bank of the Republic of Belarus (NBRB).
| Regulated Country | Regulated by | Regulated Entity | License Type | License Number |
 | NBRB | Alpari Evrasia Limited Liability Company | Retail Forex License | УНП192637625 |
Market Instruments
Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.
| Tradable Assets | Available |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types/Fees
Demo Account: Alpari provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: there are in total 3 types of live account: Pro ECN, ECN, and Standard. In the table below you can see the details. The minimum deposit ranges from $/€50 to $/€500, and other conditions such as leverage, spread, and commissions are also different.
| Account Type | Pro ECN | ECN | Standard |
| Trading Instruments | FX, metals, indices, commodities, cryptos, stock CFDs (only MT5) | FX, metals, indices, commodities, cryptos | FX, metals, indices, commodities, cryptos |
| Min Deposit | $/€500 | $/€300 | $/€50 |
| Max Leverage | 1:3000 | 1:3000 | 1:1000 |
| Spread | From 0.0 pips | From 0.1 pips | From 0.3 pips |
| Commission | $25 per mil notional traded (FX, metals, indices, commodities) | ❌ | ❌ |
| 0.03% notional traded (crypto) | |||
| $0.02 per side/lot (stock CFD) | |||
| Trading Platform | MT4/MT5 | MT4 | MT4/MT5 |
| Margin Call | 80% | 80% | 50% |
| Stop Out | 50% | 50% | 20% |
| Swap Free | ✔ | ✔ | ✔ |
Leverage
Alpari offers a maximum leverage of up to 1:3000 for the Pro ECN and ECN accounts, while 1:1000 for the Standard accounts. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.
| Account Type | Max Leverage |
| Pro ECN | 1:3000 |
| ECN | 1:3000 |
| Standard | 1:1000 |
Trading Platforms
Alpari uses MetaTrader 4 and MetaTrader 5, which offer great flexibility, extensive charting tools and a user-friendly interface. Besides, Alpari offers a proprietary platform, which is available on desktop and mobile devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Mobile | / |
| MT4 | ✔ | iOS, Android, Mac, Webtrader | Beginners |
| MT5 | ✔ | iOS, Android, PC, Mac | Experienced traders |
Deposit and Withdrawal
Alpari accepts deposits and withdrawals via credit/debit cards, e-wallets, bank wire transfers, and local payment solutions.
The minimum deposit amount depends on the trading account you choose, and can vary between $20 and $500. There's no maximum deposit restriction on Alpari.
You can withdraw as much as you like, as long as you use the same payment method that you used to deposit with. If you still have open positions, youll need to leave enough free margin in your account to cover the withdrawal and any extra fees that may occur.
mansourhadian
Iran
Hello, how are you? I worked with Alpari broker and about $10,000 of my capital was lost due to the drastic changes they made in the market and I was not aware that it could be tracked. This is from you. I collected this capital with difficulty and I was paying my parents' living expenses. This company gave me profits for a while and after a while when the money increased, they zeroed out my account by manipulating the chart.
Exposure
我65738
Hong Kong
The overall trend of the market is well,with occasional spread.
Exposure
CXM~TINA
Hong Kong
I deposited 77500 RMB in total respectively on October 25th, November 11st and November 12nd.Having operated for while, there was 511544 RMB in my account.The withdrawal of 9500 RMB applied on October 31st was available.Since November 14th, the platform has refused the request with the excuse of channel maintenance.The following screenshot is the evidence that it asked me to pay 5 times of the statement on 18th, then 20% of the fund for certification.I refused for fear that the fund would be still unavailable.Please have a look.
Exposure
Colodia
Russia
I love the tight spreads !!! But customer service could be quicker., I tink......
Neutral
Zebedee Pucklechurch
Nigeria
Alright, gotta spill the tea on Alpari. First off, complaints, complaints, complaints – that's the buzz. No copy trading is a miss, especially when everyone's into that. They throw in a demo and some education stuff, but real talk, the reliability is a bit shaky with all those user gripes. Might wanna watch your step and check out other options without the drama.
Neutral
Evangeline Whittington
Egypt
I've been messing around with Alpari, and it's got some solid stuff going on. Been around since '98, and they're keeping things legit with NBRB regulation. You can trade everything – currencies, indices, commodities, you name it. Spreads and commissions? All laid out for you, no surprises. Different account types, leverage up to 1:1000 – it's a playground for traders. Plus, they throw in educational goodies and a demo account to hone your skills. Yeah, there are some complaints, but overall, Alpari's holding it down in the trading game.
Neutral
黑皮二哥
Taiwan
Alpari International is FXTM, and the two platforms are interconnected in the background. After I deposited money at FXTM, it became an Alpari International account. If it makes a profit, the platform will eat up the capital and profits. FXTM needs to come out and deal with it.
Exposure
FX2275093373
Hong Kong
Withdrawal does not arrive. No reply for a long time. I want to expsoe. Hope to get feedback
Exposure
阿召
Hong Kong
Withdraw many times, but no results. The customer service said that they have communicating for it.
Exposure
FX1199223524
Cyprus
Good broker. I found Alpari to be very helpful and very easy to trade. This is the first time I’ve used the live chat facility and I’m impressed. I have a good time talking with them.
Positive
湘澜
Hong Kong
Alfari does not allow withdrawals, can only deposits. It has been a year, and every time I withdraw funds, I can’t. I hope everyone will not be fooled again
Exposure
湘澜
Hong Kong
There was never no customer service staff. I could only deposit but I couldn't withdraw, and the reason was that there was a mistake during withdrawal.
Exposure
auwal_01
United States
This site is amazing it makes me understand many things and the broker too. I hope you can keep up the good work
Positive
Mrbo
Hong Kong
i am on november 2 Alpari it has been half a month since the withdrawal from the platform has not arrived at the bank card, and i have communicated with customer service 5 times in the middle. every time i check for me, the result of yesterday's communication is to send an email to their payment department saying that someone will reply and speed up the progress of the withdrawal, but until today i still haven't received any reply email from the platform. now this money is really important to me, i hope it can help me get my own money as soon as possible
Exposure
湘澜
Hong Kong
I'm furious
Exposure
湘澜
Hong Kong
It has been four months. Please help. It has been addressed for the first time, but it is still not credited, and they rejected the withdrawal for the second time.
Exposure
FX1019972097
Hong Kong
Submit the application during working hours as required by the website, but the website cannot withdraw funds, and the customer service cannot be contacted
Exposure
谭生
Hong Kong
Alfari is unable to withdraw. Withdraw on October 10th, but it has not arrived on 21th. No customer service. Please help.
Exposure
娃娃
Hong Kong
Rejected once, re-applied, only showed that it was completed, but did not receive the account, asked customer service, the customer service kept saying urging, after urging several times, still did not arrive
Exposure
湘澜
Hong Kong
Withdraw for two months. No reply to the message, emails, and phones. Please help.
Exposure
FX1085063115
Hong Kong
The withdrawal application submitted on September 12 was deducted on September 13, and the account was not received on October 12…
Exposure
湘澜
Hong Kong
Complaints are not responded, appeals are not answered, and my hard-earned money is not returned, customer service is robot
Exposure
BEN50209
Hong Kong
The deposit has not been credited to my account. I contacted the customer service staff,and they just said they would check, but there was no result later.
Exposure