WHY DO WE CHOOSE ALPARI BROKER ?
WHAT IS ALPARI ?
Alpari International was founded in Mauritius in 1998 and has grown to become an important platform with the trading industry. The current refreshed brand was introduced in 2013, as a new and exciting chapter for the group. With more than 20 years in the market, Alpari International has grown across the world.
Currently, Alpari offers a wide range of quality services for modern internet trading on the foreign exchange currency market with over a million clients from 150 different countries and serves global offices in Russia, Ukraine, Belarus, Belize, Moldova, Mauritius, Saint Vincent and the Grenadines, Uzbekistan, Kazakhstan and Georgia.
This global trading giant has more than 2 million clients and aims to offer a modern and dynamic platform for every trader. The easy to use website and range of 250 trading instruments have opened up the brand to traders of every experience level.
As you would expect from a reputable brand they are regulated by the Financial Services Commission (FSC).
PROS
- Financial Commission (FC) member
- Customer support available in over 30 languages
- MetaTrader platforms; MT4 & MT5
- PAMM accounts
- News streamed from FxWirePro
- Access Forex ECN with 1:1000 leverage
- Access the Alpari Copy Trading programmer
- Launched CFDs on Bitcoin
- Licensed in Russia, Belarus, Mauritius, Belize, St. Vincent & the Grenadines
CONS
- No FCA, ASIC or CySEC regulation
- Clients from USA, Japan, Russia & more countries are not accepted
- Limited trading instruments
- Lack of comprehensive educational materials for traders
- No fixed spread accounts
TRADING PLATFORMS OF FXTM
1- MetaTrader 4
https://www.metatrader4.com/en
MetaTrader 4 is an advanced trading platform specialize in helping users to create and automate the complex trades. There is a wide range of market indicators provided by MetaTrader 4 to its users when they make their trades. Now it is offered by Opoforex and can be used in a variety of different markets.
With this platform, you can run more than 30 different languages and have a great option to copy the activities of other traders who are successful. Although it is known to be a forex trading platform, one can also use it for trades within other markets, like options and futures. Its other strategies and services include charting tools, indexes, scripts, automated risk control and also real-time business execution.
Features
-Trading directly via a browser
- Compatibility with Windows, MacOS, Linux
- Reliable data protection
- All types of trading orders and MetaTrader 4 execution modes
- One Click Trading
- 30 indicators and 24 graphical objects for technical analysis
- 9 time-frames, from one minute to one month
- Real-time quotes in Market Watch
- History of trading operations
2. MetaTrader 5
https://www.metatrader5.com/en
Three years after the release of MT4, the team at MetaQuotes developed MetaTrader 5 (MT5). The key reason for the new platform was to allow share CFD trading . The popularity of CFD trading and more brokers offering MT5 is why in 11.5% of MetaTrader usage was MT5 in 2020 (up from 5.4% in 2019). Below shows the details of the forex magnates metaQuotes .
The web platform allows placing pending orders, sending trade orders with one click from the Market Depth, and performing comprehensive market analysis using 30 technical indicators and 24 graphical objects. All these features can now be accessed any time and from any browser.
DEPOSITS AND WITHDRAWAL METHODS OF ALPARI
ALPARI offers various payment methods to its users. The process is very simple, through which the traders can easily deposit or withdraw funds in a quick way by using the payment method that they prefer. The traders are also completely free to make as many trades as they want.
- Bank Wire transfers
- Credit/Debit Cards
- Online Payments
- Local Transfers
- Crypto Payments
ALPARI TRADING ACCOUNTS
In order to suit the different requirements and needs of the clients, there are a number of formats of trading accounts provided by ALPARI that are based on the ideal result-oriented strategies and the current dimensions of the market.
Standard Account
- The minimum deposit is $100
- Commission : Zero
- platform : MT4
- Leverage is up to 1:1000
- Swap-Free
- Maximum Volume of Orders : 50
- Maximum Number of Pending Orders : 300
Micro Account
- The minimum deposit is $5
- Commission : Zero
- platform : MT4
- Leverage is up to 1:400
- Swap-Free
- Maximum Volume of Orders : 5
- Maximum Number of Pending Orders : 100
ECN Account
- The minimum deposit is $500
- Commission : 1.5$/lot per side
- platform : MT4 / MT5
- The Leverage is up to 1:1000
- Swap-Free for MT4
- Maximum Volume of Orders : unlimited
- Maximum Number of Pending Orders : 300
ECN Pro Account
- The minimum deposit is $25000
- Commission : Zero
- platform : MT4 / MT5
- The Leverage is up to 1:300
- Swap-Free for MT4
- Maximum Volume of Orders : unlimited
- Maximum Number of Pending Orders : 300
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ALPARI TRADING INSTRUMENTS
There are different trading instruments offered by ALPARI .
- Currency pairs
- Spot Metals
- Spot CFDs
CUSTOMER SUPPORT
Along with that, Alpari designed truly dedicated support to their traders, while novices who have just taken their first steps onto the Forex market can enroll into one of the Investment Academy’s educational courses. The courses will teach not only the basics of Forex but also different methods of analysis that will give some unique insights, how to avoid common pitfalls and minimize your losses.
The customer support team are based in Mauritius and are available 24 hours a day from Monday until Friday. Although for urgent queries they do open on a Sunday afternoon.355 NEX Tower
HOW DOES COPY TRADING WORK WITH ALPARI ?
If you are new to trading you can choose from Strategy Managers that are available on the website and automatically copy their trades. To explain things more easily we can provide an example:
Imagine that you have a starting capital of $3000 and choose the strategy manager who makes a $500 profit on his next trade. With the help of CopyTrading, the manager will get 10% ($50) and you will be left with $450 which will add to your starting capital.
In order to start copy trading on Alpari, you need to deposit at least $100. The platform is convenient – you do not need to research anything as everything is provided. The account is safe and secure and works perfectly on every device. Up-to-the-minute updates, real-time market information, and full control over your account will not leave anyone disappointed. The account is accessible from any part of the world and is simple to manage..
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