Abstract:Alpari International is a Russian registered online broker, founded in 1998, with 20 years of experience in the Forex industry and 8 offices worldwide. Alpari International is currently regulated by the National Bank of Belarus and holds its authorized retail Forex license under the regulatory number УНП192637625.
General Information & Regulation
Alpari international is the business name of Exinity Limited which is regulated by the financial services commission of the republic of Mauritius with an investment dealer license bearing license number c113012295. Traders can get access to various financila instuments through the Alpari international platfrom, including forex instruments, precious metals, commodites, and a series of CFDs.
Markets Instruments
Alpari International says it offers investors more than 250 trading instruments, including Forex currency pairs, spot precious metals, cryptocurrencies (Bitcoin, Ether, Litecoin, Ripple), CFDs, and binary options.
Minimum Deposit
Alpari International offers four different types of trading accounts: Micro (minimum initial deposit of $5/GBP/EUR/1,000 rubles), Standard (minimum initial deposit of $100/GBP/EUR/20,000 rubles), ECN (MT4 & MT5), and Pro (MT4). The minimum initial deposit for ECN accounts is 500 EUR/USD/GBP/20,000 rubles, and for Pro accounts, the minimum initial deposit is 25,000 GBP/USD/EUR. The maximum number of pending orders is 100 for Micro and Standard accounts and 300 for ECN and PRO accounts, and the account currencies for all accounts are USD, EUR, GBP, RUB.
Leverage
The Micro account comes with fixed leverage, up to 1:400, while the Standard account offers floating leverage with maximum trading leverage of 1:1000. ECN accounts have maximum trading leverage of 1:1000 (floating), and PRO accounts have maximum trading leverage of 1:300 (floating).
Spreads & Commissions
The minimum spread offered on Micro accounts is 1.7 pips for EURUSD and 1.2 pips for EURUSD on Standard accounts. Spreads on ECN accounts start at 0.4 pips, and commissions are $1.5 per side. Spreads on Pro accounts start at 0.4 pips, and no commissions are charged on transactions.
Trading Platforms
Alpari International offers two trading platform options, MT4 and MT5. MT5 is a newly upgraded version of MT4, including hedging options, while MT4 is slightly less advanced than the former, but its performance stability is better than the former.
Deposit and Withdrawal
Alpari International offers three main types of deposit methods: local deposits, credit card deposits, and e-wallet deposits. Local deposit methods include FasaPay, local bank deposits in China, wire transfers from local banks in Nigeria, and online banking in China. Credit card deposit methods include VISA, MasterCard, Maestro, and e-wallet deposit methods include Skrill, VLOAD, Neteller, WebMoney, Perfect Money, and Bitcoin Wallet.
Customer Support
Traders can contact Alpari International customer support 24/5, and Saturday and Sunday between 1200 and 2000. While the FAQ section attempts to answer all questions, the live chat function represents the most convenient contact method. Traders may also call, send an e-mail, or connect via Telegram.
Accepted Regions
Alpari International does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Brazil, Puerto Rico, the Occupied Area of Cyprus.