History and Background
Alpari Financial Services Ltd (Alpari) is one of the world’s leading independent forex broker that provides online trading services on the international currency market. It is part of the Alpari Family, a group of companies internationally recognized for its track record of innovative technological solutions. The Alpari Family has earned the trust of more than 1,000,000 clients in over 150 countries, with a monthly trading volume of 500 billion USD (as of May 2016).
The newest addition to the Alpari Family, Alpari was founded in 2010 in Limassol, Cyprus, one of the world’s hubs for online forex trading. Alpari is regulated by the Cyprus Securities and Exchange Commission (CySEC). In compliance with Cyprus Law 144(I)/2007, Alpari is a member of the Investor Compensation Fund (ICF) for Clients of Cyprus Investment Firms (CIFs).
Alpari allows clients to access the international currency market and trade different financial instruments, including forex, spot metals and commodity futures CFDs. They offer state-of-the-art trading platforms, comprehensive trading tools, direct access to deep interbank liquidity, the latest financial news and much more – a forex trading environment that is second to none!
At Alpari , their mission is to offer our clients an online forex trading environment that is reliable, trustworthy, technologically advanced and supported by world-class customer service. They are also constantly improving and expanding their line of products and services and are dedicated to fostering long-term relationships with clients by providing them with a level of professionalism that is second to none.
Visit Alpari now and get a free demo account or start trading with a live account right away
Alpari has five types of accounts, with no minimum initial deposit applying to Nano accounts. A minimum deposit of USD 100 or EUR 100 is required for their Standard account, USD 300 or EUR 300 is the minimum allowable deposit for ECN account, and for their “Pro-ECN” account, their flagship top-of-the-line service, either USD 500 or EUR 500 must be the initial deposit recorded. Automated and mobile trading accounts are also supported.
Spreads at Alpari are among some of the most competitive in the business, under normal market conditions reaching as low or lower than a single pip on some of the most active and popular pairs, including the EURUSD. The broker compares well with most other firms in terms of technical trading capabilities, and the diversity of options to match the varying needs of clients. But perhaps the most salient feature of Alpari is the great emphasis on educational and information services. The presentation of educational material is in accordance with the spirit of the Forex market, where the most skilled and experienced traders share the same resources with newcomers and novices. The learning curve is smooth, the material is rich, easy-to-understand, and presented in a friendly and encouraging manner. Add to these the very strong data and fundamental news supply facilitating news-trading, and you have a great broker provided that a combined technical-fundamental approach is your favorite trading style.
Also there is the The PAMM Account which is a unique service developed by Alpari, which has gained worldwide popularity(More than 650,000 of investment accounts from over 40 countries with the Trading volume that exceeds $155 bln).
The PAMM Accounts service allows investors to earn on Forex without trading on their own and managers to get additional income through efficient management of investors’ funds.
To invest funds just choose a PAMM Account or a ready-to-use PAMM Portfolio (a collection of several
PAMM Accounts together) with the help of the broker’s rating list. You can also create your own portfolio using portfolio builder.
The available platforms include the popular MetaTrader 4, with all its excellent, productive and easy-to-use features, and the newer version of this trustworthy and sturdy software, the MetaTrader 5 for ECN live accounts with all its enhanced flexibility, enriched array of indicators and charting tools, and overall improvement of performance.
There are mobile platforms for both ios devices(iPhone, iPad …) and androids. Alpari pledges to make further improvements in the near future to their special package, which will improve market depth and pricing transparency for clients bettering an already outstanding platform.
Alpari employs its own technical team constantly developing new features to enhance and improve the power of the trading software and the analytical capabilities of the firm.
Deposits and Withdrawals
Alpari supports 12 different methods for deposits and withdrawals. Fees depend on the method selected. Ordinary withdrawals are possible within as fast as 24 hours although delays can sometimes occur, according to the broker due to the method selected. All withdrawals must be made to the bank account on file, after a withdrawal form is filled and faxed or emailed to the company, in line with global regulations against money laundering and related illegal activities.
Alpari provides excellent customer support to clients, as evidenced in the extensive support and educational information available at the website, and the online chat service where you can find experienced employees ready to respond to your queries 24 hours a day. As a broker that develops its own software, Alpari is able to respond to glitches and bugs much faster than the typical MT4 broker can, which is an added benefit.
Among educational and analytical material, analyst reports, advanced technical commentary, Autochartist software, an economic calendar, extensive and powerful video tutorials on how to trade currencies, a glossary on market terms, and an advanced market analysis guide for students of forex charts are just some of the tools at your disposal as a client of Alpari.
Alpari is a regulated broker with great visibility in three continents. The company has been around for many years, and enjoys an excellent reputation with brokers and traders. For client privacy and safety of trader information, the company implements state-of-the-art, advanced encryption techniques that have been the standard in military, business and government security for many years. Alpari is regulated by the Cyprus Securities and Exchange Commission (CySEC). In compliance with Cyprus Law 144(I)/2007, Alpari is a member of the Investor Compensation Fund (ICF) for Clients of Cyprus Investment Firms (CIFs).
Alpari offers one of the most attractive packages for the retail forex beginner. The website, and the platform are designed to suit the needs of inexperienced traders who have difficulty in comprehending the basics of trading even before any real experience with trading itself is made. The informational content of the website in particular is among the best that we have seen in the forex world, and is enough to merit a visit to the website.
Apart from the beginner-friendly features of the site, however, Alpari also provides a strong package for sophisticated, well-funded clients with advanced and specialized tools that ensure precise and timely trade execution. The Alpari Direct Pro platform is clearly the winner among the broker`s packages, but the standard MT4 platform available to small accounts is simple, competent and reliable enough with its well-established track record.
Overall, Alpari is a regulated broker with an unusually rich selection of learning and education material available to both demo and standard accounts. We recommend that you take a good look what they have on offer before you make a decision on your broker. Alpari has proven itself to be one of the important players in the competitive world of FX brokers, and it is a valid choice provided that their account offer suits your trading plan and vision.