Alpari (Comoros) Ltd.
Rating: 4.5 / 5Alpari is a well-known and trusted broker with an ultra-competitive cost structure, MT4/MT5 trading platforms, and PAMM accounts with a low minimum investment of $50. Autochartist upgrades the trading experience, while 13 payment processors ensure traders have options, including localized ones. The Nano MT4 account is ideal for beginners to learn how to trade or for seasoned traders to test new strategies. I conducted an in-depth review of Alpari and focused on the subsidiary operating from Comoros to determine if this broker provides a competitive edge. Is Alpari the best broker for your portfolio?
Alpari is a well-known and trusted broker with an ultra-competitive cost structure, MT4/MT5 trading platforms, and PAMM accounts with a low minimum investment of $50. Autochartist upgrades the trading experience, while 13 payment processors ensure traders have options, including localized ones. The Nano MT4 account is ideal for beginners to learn how to trade or for seasoned traders to test new strategies. I conducted an in-depth review of Alpari and focused on the subsidiary operating from Comoros to determine if this broker provides a competitive edge. Is Alpari the best broker for your portfolio?
Broker Details
- Headquarters
- Saint Vincent and the Grenadines
- Established
- 1998
- Min Deposit
- $500
- Execution
- ECN/STP, Market Maker
- Regulators
- MWALI International Services Authority
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- 0.0 pips
- Min Standard Spreads
- 0.8 pips
- Min Forex Commission
- $1.60 per 1.0 standard round lot
Accounts & Funding
- Funding Methods
- 12
Trading Costs & Spreads
- EUR/USD
- 1.1 pips ($11.00)
- GBP/USD
- 1.2 pips ($12.00)
- Gold
- $0.27
- Bitcoin
- $56.50
- WTI Crude
- $0.06
Platform & Features
- Trading Platforms
- MetaTrader 4, MetaTrader 5
Pros
- Autochartist, FX Street news service, and quality in-house research
- PAMM accounts from a low minimum deposit requirement of $50
- MT4/MT5 trading platforms, plus a proprietary mobile app
- Ultra-low trading fees in the commission-based ECN accounts
Cons
- Limited educational content for beginners
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