Alpari Broker Review
Alpari was founded in 1998 by three Russian partners. Today, this platform is one of the largest Forex brokers in the world. Currently, the company offers numerous services of excellent quality for the modern trading world. They serve more than 150 countries, including Georgia, Belize, Russia, Grenadines, and Moldova.
You can find our transparent Alpari review below. Broker reviews are updated frequently!
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In order to open a live account on Alpari, a trader must have a minimum deposit of $100. A demo account is available to beginners so that they can familiarize themselves with the platform’s functions.
Your minimum deposit amount will thus depend on the trading account you are using. Some of the brokers often require a minimum deposit of as high as $6500. However, some brokers can go higher, almost to $10,000.
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Alpari charges withdrawal fees based on the withdrawal payment method. Trades can be withdrawn via Credit cards, Bank Transfer, Neteller, WebMoney, UnionPay, FasaPay, or Debit cards.
A trader won’t be paying any commission on the CFD instruments. Commission rates can therefore vary depending on the trading type and the financial asset that you are about to trade.
Pros / Cons
- High Leverage
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
You can choose between two different trading platforms by logging into your Alpari account. These are:
Due to certain regulatory restrictions, the Alpari brand has various trading instruments that differ according to the trader’s country of residence. Alpari is currently offering 50 different instruments in the form of currency pairs.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
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