Alpari (FS)
Alparifs.com does not accept U.S. customers.
CORPORATE HISTORY
Alpari Financial Services Ltd (Alpari FS) 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 440,000 clients in over 150 countries, with a monthly trading volume of 210 billion USD (as of May 2011).
The newest addition to the Alpari Family, Alpari FS was founded in 2010 in Limassol, Cyprus, one of the world's hubs for online forex trading. Alpari FS is regulated by the Cyprus Securities and Exchange Commission (CySEC). In compliance with Cyprus Law 144(I)/2007, Alpari FS is a member of the Investor Compensation Fund (ICF) for Clients of Cyprus Investment Firms (CIFs).
Alpari FS 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 FS, 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
FEATURES
• Newest member of the Alpari global family that includes 20 worldwide offices
• Does not accepts U.S. traders
• $200 minimum deposit
• Range of account types based on level of expertise
• Managed accounts, mobile trading, and ZuluTrade supported
• Competitive spreads starting at less than 1 pip for some of the majors
• MetaTrader 4 platform and many others
• Abundance of training materials and news feeds
• Excellent customer support
• Regulated in Cyprus and Europe
ACCOUNTS
• StandardMT4 Account – Minimum deposit is zero
• ECN-MT4 Account – Minimum deposit of $200 or EUR 200
• Pro-Direct Account – Minimum deposit of $20,000 or EUR 20,000 – Alpari Direct Platform
• Automated account option exists with Expert Advisors
• Mobile access also supported
TRANSACTIONS
• Spreads at Alpari are among some of the most competitive in the business
• The broker compares well in terms of technical trading capabilities
• A diversity of options are offered to match the varying needs of clients
• The deposit/withdrawal process is speedy and efficient
• Withdrawals are processed within as little as 24 hours
• Ordinary withdrawals must be made to bank accounts in general, and only to the name that opened the account, in line with anti-terrorism and anti-money laundering laws
• Delays may occur at times subject to bank delays and inefficiencies outside of Alpari's control
• Alpari supports 12 different methods for deposits and withdrawals. Fees depend on the method selected
PLATFORM
• MetaTrader 4
• MT4 Pro
• MetaTrader 5 (demo only)
• MetaTrader MultiTerminal
• MetaTrader Mobile
• Automated Expert Advisors
• Alpari Direct Pro powered by Currenex®
• Alpari Direct powered by Currenex®
INFORMATION
The educational and informational side of Alpari is second to none in this market as well, with outstanding attention to detail and coverage in forex educational material reflecting the emphasis that the learning process receives at the broker. Additionally, analytical tools and news and data sources are abundant. Traders get quotes on stocks, futures, and commodities on the available MT5 demo-trading platform, while standard accounts possess their own special set of tools.
SUPPORT
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.
SAFETY
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.
OVERALL
Alpari FS is a flexible broker, above all else. It is good for beginners as it provides a very large amount of educational material and a platform that is generally favored by beginners. It is also great for advanced traders as the advanced technical tools made available to pro-clients form an exceptional basis for technical and fundamental analysis of the markets.
The Alpari Direct Pro is the strongest and fullest implementation of the broker's capabilities, offering superb spreads, accuracy, and precision in trade volumes, execution and the informational content. If you consider becoming a client of Alpari, we suggest that you eventually increase your account size to take full advantage of the powerful advantages that a pro-trader enjoys, but at the same time, the broker is a great choice for beginners who would like a slow pace due to the emphasis on traders' education throughout the site.
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