Alpari is one of the online Forex brokers that was founded in 1998. It spreads in different countries around the world to present a first-rate customer support that is offered in different languages which helps you to get what you need in your native language. Alpari offers its services to US residents unlike some of the other online forex brokers who do not offer their services to the Americans because they are unable to follow their rules. Alpari presents to its customers many services which are of high quality to make them satisfied as you can get the needed support, security for funds, several platforms for meeting different strategies, multiple accounts, fast execution for trades, tight spreads, high leverage, social trading network that allows you to discuss different trading strategies with other traders and more features that make Alpari reliable for its customers.
Alpari creates a flexible environment for its customers through offering several trading platforms to suit their different trading styles and strategies. It presents MetaTrader 4 which is the most popular and most used trading platform, MetaTrader 5 that allows you to trade ECN with non-dealing desk execution, Alpari Direct Pro which offers tight spreads starting from 0.0 pips, Alpari Direct that is ideal for advanced and professional traders, Binary options which is a web-based platform and Mobile trading platform that is compatible for Apple and Android devices. Mobile trading apps allow you to access your account and keep trading at anytime wherever you go to keep in touch with the latest changes in the financial market.
Alpari offers several accounts to its customers to satisfy their different needs as there are 6 different accounts. You can choose Micro account which is perfect for beginners who trade Forex, Classic account which is the most popular account, Pro accounts ( MT4 Pro, Alpari Direct Pro and Alpari Direct) which are ideal for professional traders, MT5 account for NDD trading, Spread betting account which offers stamp duty and tax free profits in UK and Ireland only and there is also Binary options account which allows you to trade in just three easy steps. The minimum deposit that is required for opening an account and starting trading with Alpari is $200 which is affordable for most of the traders.
Alpari offers forex leverage up to 1:500 on its accounts except for MT4 Pro, Alpari Direct Pro and Alpari Direct in which the leverage is up to 1:100. The precious metals leverage that is offered on MT5, Alpari Direct and Alpari Direct Pro is 1:50. The spreads start from 0.0 pips and this is for Pro and MT5 accounts, while the spreads in the other accounts start from 1.2 pips.
♦ Demo account
If you are still a novice trader and did not try to trade before on the financial market, then there is no problem, because you are given the chance to trade in the financial market with virtual money demo account without the need to risk your real money. You can try different and new strategies, test the platforms and other services that are presented to you, improve your trading skills, try spread betting on MT4 which is available in UK and Ireland only and you can also join Alpari’s trading community.
The demo account is offered for unlimited time period which helps you to practice trading for as long as you need to gain more experience. If you do not trade on your demo account for 30 days, then it will expire. You can open a different demo account through customizing your account options.
♦ Financial instruments & trading tools
Alpari allows its customers to maximize their profits through trading different financial instruments. You can trade Forex (37 currency pairs), spread betting, CFDs, precious metals and binary options.
There are several trading tools that are offered to help you to trade these financial instruments. You have trading central, autochartist, Alpari Squawk, Alpari AM,economic calendar, newsroom and TraderConnect for communicating with other traders around the world.
♦ Learn how to trade
Alpari presents several education materials and resources for its customers to help them to learn how to trade. You can get information about trading Forex, trading basics, MT4, EAs, trading strategies and binary options. There are several video tutorials, live workshops, seminars and webinars for making learning easy.
♦ Social trading
You can communicate with other traders through TraderConnect which is a social trading community. It helps you to discuss different trading strategies with other traders and to make use of their experience in trading on the financial market. You can also copy the trades of other traders, ask them for answering the questions that you have and for solving your problems that you may encounter while trading.
Alpari UK limited is licensed and regulated by Financial Conduct Authority (FCA) in the United Kingdom. It is registered in England and Wales and it is also registered and regulated in different countries around the world such as Japan, Deutschland, India, Shanghai, US, Dubai and Russia by the financial Regulation Agency. It provides its customers with transparent pricing. The customers’ funds are segregated from the funds of the company and are held in a separate account to make them protected from being used by the company for solving its financial problems.
♦ Customer support
Alpari offers its customers the multilingual support that they need for 5 days (Monday-Friday) from 07:00 to 22:00 (UK time). You can contact the support team through different ways such as phone, e-mail, Fax and live chat. Alpari has several branch offices in more than 20 countries around the world to provide its customers with a perfect support. You can find offices for the company in London, New York, Boston, Tokyo, Shanghai, Dubai, Moscow, Frankfurt and Mumbai. The services that are offered by Alpari are available for US residents.
Alpari does not accept depositing funds into accounts through Paypal method.
♦ Overall rating
Alpari is recommended by many customers who tried its services. It presents an excellent customer support, competitive prices, tight spreads, high leverage up to 1:500, several accounts and platforms to meet different requirements, fast execution for orders, advanced trading tools, social trading network and other services that create a flexible environment for traders to trade professionally on the financial market.