Alpari Review

Alpari Limited is one of the first companies on the market of CIS in providing financial services. It was established in 1998 but only in 2002 started to specialize in providing access to trading via the internet. As till 2005, the standard Metatrader platform was on the development and beta-testing stage. Immediately after completing the development of the platform by Metaquotes Software Corp., Alpari became a partner and actively introduced online trading in the CIS in Europe. Today, the forex broker provides its services in the CIS, Europe, Asia, without skirting the Scandinavian countries, and even Australia.

General Info

• The location of the main office – Mauritius, and Moscow;

• Founders – Vladimir Verbitsky and Andrey Dashin;

• Year of foundation – 1998.

Alpari regulation

Already in 2004, the broker became an official member of KROUFR (Commission for the settlement of financial issues). Also, the activities are monitored by the organization NAFD. It is also a completely independent organization, operating on the territory of CIS. The task of supervising groups is to monitor financial activity. Therefore, every transaction is monitored. And the client won’t freeze the deposit to the client for no reason.

Additionally, the company has licenses of regulators:

• CySEC;

• FFAJ (in Japan);

• DMCC (Dubai).

The list of regulators can be updated, as the commissions work in different regions of the world.

In addition to the controlling bodies, the work of liquidity providers should also be distinguished. The company is not hiding that all quotes are supplied by the independent financial groups Currenex and Integral. Additional suppliers can be Bank of America, Paribas Bank, Barclays. This means that all transactions will not have a drawdown, and the values of the quotes are independent.

Trading conditions of the company

In Alpari, you can open one of several types of accounts:

•    nano.mt4;

•    standard.mt4;

•    standard.mt5;

•    ecn.mt4;

•    pro.ecn.mt4;

•    ecn.mt5.

One of the features of the company is the lack of a minimum deposit on a cent account. Each user can open an account if there are only 10 cents. For a standard account type, you will need at least $ 20 for trading.

Trading conditions are loyal. But the forex broker provides access to the interbank market only in ECN (listed above). The first three types of accounts are processed on the company’s internal servers.

Let’s highlight the main trading conditions:

•    Leverage – from 1: 2 to 1: 1000;

•    Number of financial instruments – up to 50-70 units;

•    The minimum lot size is 0.01;

•    Spread size – from 0.5 points.

How the Alpari support service works

A large company is obliged to arrange an opportunity for each customer promptly to address to managers for the consultation. For communication, users can use online chat, contact phone number, email. For each region, the contacts will be different. In Eastern Europe, the company’s largest office is located in Moscow. The average response time is 10 minutes.

Investment programs

The broker investment programs worth special attention. The most popular are the so-called PAMM accounts. They imply that you transfer funds to a trader in trust, whom you choose by yourself. The goal of the managing trader is to trade your funds and make a profit, giving it to you with a deduction of a small monthly commission.

Of course, it is impossible to insure against risk in this case. But the broker provides the conditions under which the account is protected from drawdown. And you can choose a trader yourself based on the rating, tracking his profit over the last time.

As an alternative, customers are invited to invest in coins of precious gold. This is no longer a simple speculative trade in gold or silver, but the purchase of real material value. The cost of pure gold or silver increases and your investment also rises in price.

You can also download the Alpari Invest application on your mobile phone or tablet. You can choose investment portfolios for your account from it.

Training

Have not enough knowledge in trading? Alpari gives online courses and also publishes free materials for users on its official website.