The strongest aspect of an Alpari FS forex account is the low spreads on offer. Spreads can be below as a single pip on some of the most active and popular pairs. 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. Scalping is also permitted.
The available platforms include the popular MetaTrader 4, with all its excellent, productive and easy-to-use features, and the newer version of this trustworthy and sturdy software, the MetaTrader 5 for demo trading with all its enhanced flexibility, enriched array of indicators and charting tools, and overall improvement of performance. For clients who prefer higher trade volumes and activity, Alpari provides the Alpari Direct advanced trading platform for advanced investors, which offers faster speed and more advantageous pricing, in addition to fully automated trade execution with NDD (no dealing desk), 1-click trading from charts, on top of live DowJones news feeds. Alpari Direct also enables access to separate advanced trading technology and tools to Alpari FS traders.
Finally, the Alpari Direct Pro is a specialized trading platform designed specifically for money managers, institutional traders, and high net worth individuals with requirements of high forex trading volumes, exceptional execution speed, precision in processing and management. Traders who use this platform have at their command the necessary tools to access a wider market with the best bid/ask spreads and to execute large orders at great flexibility and accuracy. Alpari pledges to make further improvements in the near future to this special package, which will improve market depth and pricing transparency for clients bettering an already outstanding platform.
Deposits and Withdrawals
Alpari supports 12 different methods for deposits and withdrawals. Fees depend on the method selected. Ordinary withdrawals are possible within as fast as 24 hours although delays can sometimes occur, according to the broker due to the method selected. All withdrawals must be made to the bank account on file, after a withdrawal form is filled and faxed or emailed to the company, in line with global regulations against money laundering and related illegal activities.
Alpari FS has three types of accounts, with no minimum initial deposit applying to standard accounts. A minimum deposit of USD 200 or EUR 200 is required for their “ECN” account, and for their “Pro Direct” account, their flagship top-of-the-line service, either USD 20,000 or EUR 20,000 must be the initial deposit recorded. Automated and mobile trading accounts are also supported.
Risk disclaimer: Forex trading involves substantial risk of loss and is not suitable for all investors. You may lose more than your initial investment.
Alpari FS offers outstanding customer support with a multi-lingual support team available for answering client questions and requests, as well as a sophisticated technical team that improves existing software and develops new tools to meet rising needs as the retail FX market matures.
For beginner support, the website provides analyst reports, advanced technical commentary, an Autochartist software, an economic calendar, extensive and powerful video tutorials on how to trade currencies, a glossary on market terms, as well as an advanced market analysis guide for students of forex charts. Access to historical MT4 data on prices, and calculation tools are also provided.
Alpari FS offers one of the most attractive packages for the retail forex beginner. The website, and the platform are designed to suit the needs of inexperienced traders who have difficulty in comprehending the basics of trading even before any real experience with trading itself is made. The informational content of the website in particular is among the best that we have seen in the forex world, and is enough to merit a visit to the website.
Apart from the beginner-friendly features of the site, however, Alpari FS also provides a strong package for sophisticated, well-funded clients with advanced and specialized tools that ensure precise and timely trade execution. The Alpari Direct Pro platform is clearly the winner among the broker`s packages, but the standard MT4 platform available to small accounts is simple, competent and reliable enough with its well-established track record.
Overall, Alpari FS is a regulated broker with an unusually rich selection of learning and education material available to both demo and standard accounts. We recommend that you take a good look what they have on offer before you make a decision on your broker. Alpari has proven itself to be one of the important players in the competitive world of FX brokers, and it is a valid choice provided that their account offer suits your trading plan and vision.
- Does Not Accept U.S. traders
- Regulated by CySEC
- NO minimum deposit
- MetaTrader 4 platform and many others
- Excellent customer support