Alpari vs Exness

Your capital is at risk. Trade only with funds you can afford to lose.

Alpari vs Exness Comparison Table 2026
Alpari	Exness
Review 3.8	Review 3.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders.	Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
Customer Reviews
3 Based on 1 Alpari customer reviews	4.5 Based on 2 Exness customer reviews
Bonus Offer
30% up to $100 (terms apply)
Comment by Reviewer
"Alpari will suit short-term options traders with a low $5 deposit and user-friendly charting tools. Forex traders also benefit from tight spreads while the broker's PAMM service will appeal to hands-off investors."	"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Pros
While regulatory standing and third-party review scores raise legitimate questions, Alpari's operational continuity through the 2008 financial crisis, the 2010 flash crash, the 2015 SNB shock, the 2020 pandemic volatility spike, and the 2022 commodity price disruptions is a factual record that most offshore brokers — many of which didn't exist a decade ago — can't match. Operational survival across that range of stress events carries evidential weight that no marketing claim can replicate. By building exclusively on MetaTrader infrastructure, Alpari gives traders access to the largest third-party EA and custom indicator ecosystem in retail forex. Thousands of pre-built automated strategies, indicators, and scripts are deployable without any proprietary platform restrictions or compatibility issues — a freedom that brokers running closed proprietary platforms can't offer. The Alpari Rewards program returns a portion of trading costs as redeemable points that convert directly into withdrawable funds—not vouchers or platform credits. The tiered structure means rewards compound as trading volume increases, effectively reducing the all-in cost per trade for consistently active traders in a way that's straightforward to calculate and actually accessible.	Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side. Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders. Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests. Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze. Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.
Cons
Unlike brokers that operate multiple regulated entities, Alpari operates exclusively under MISA in the Comoros Union with no parallel structure. Every client receives the same minimal regulatory framework with no opt-up available. For a broker with 25+ years of operation and 1 million+ claimed clients, the absence of any progression toward tier-one regulation is a strategic choice, not an oversight — and that choice tells traders something meaningful about where the broker's priorities lie. Alpari's entire desktop trading setup runs on MT4 and MT5 — there's no cTrader, no TradingView integration, and no proprietary platform built to fill either gap. For active ECN traders, that's a meaningful limitation. cTrader offers genuine depth-of-market visibility and a more responsive order management environment than MT4 can match, and TradingView has become the de facto charting standard for serious retail forex traders. Alpari's commodity offering covers crude oil, Brent oil, and natural gas — and stops there. Agricultural commodities, base metals beyond gold and silver, and softs are entirely absent. For traders who follow commodity supercycles, seasonal agricultural plays, or base metal demand trends driven by industrial data, Alpari's market coverage creates hard ceilings that force them to maintain a second account elsewhere rather than consolidating their activity in one place.	Retail trading services are unavailable in certain jurisdictions, such as the US, UK and EU, limiting accessibility compared to top-tier brokers like Interactive Brokers. MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone. Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders. Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
Awards
	Best Multi-Asset Broker - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker in Africa - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker MEA 2024 - iFX EXPO Dubai 2024 Best IB/Affiliate Programme MEA 2024 - iFX EXPO Dubai 2024 Best Trading Conditions 2024 - UF Awards LATAM 2024 Best Multi-Asset Broker - Smart Vision Investment Expo 2023 Most Trusted Broker - Smart Vision Investment Expo 2023
Instruments
Forex, CFDs, Stocks, Commodities, Indices, Crypto	CFDs on Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$5	$10 (varies by account and payment method)
Trading Platforms
MT4 MT5	Exness Trade App Exness Terminal MT4 MT5 TradingCentral
Payment Methods
Volet Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer	Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
MISA	FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only)
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
	Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move.
Android App Rating
3.6	4.8
iOS App Rating
3.6	4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals.	Exness has introduced a unique copy trading feature on its web platform and mobile app. Its user-friendly based on our tests but the performance statistics for strategies could be more detailed to better guide investor decisions.
Social Trading
No	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CZK NGN	USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR CHF HKD SGD AED SAR HUF BRL NGN THB VND UAH KWD QAR KRW MXN KES CNY
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Gold Natural Gas Silver	Aluminium Copper Gold Lead Natural Gas Nickel Oil Palladium Platinum Silver Zinc
CFD Trading
Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service.	Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal.
Leverage
1:3000	1:Unlimited (via offshore entities)
FTSE Spread
13	15.2
GBPUSD Spread
0.7	0.0
Oil Spread
4.0	0.0
Stocks Spread
2.0	0.5 (Apple Inc.)
Forex Trading
Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available.	Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet.
GBPUSD Spread
0.7	0.0
EURUSD Spread
0.4	0.0
EURGBP Spread
0.6	0.0
Assets
50+	100+
Currency Indices
USD	USD
Cryptocurrency
Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends.	Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders.
Spread
1	Floating
Coins
AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC	BTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review