Alpari vs Scope Markets

Alpari vs Scope Markets Comparison Table 2023
Alpari Review 2023	Scope Markets Review 2023
Review 3.8	Review 4.2 Scope Markets is #10 in our CFD broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
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's fix contracts also offer fixed costs with payouts known upfront. Trading takes place on the MetaTrader 4 and MetaTrader 5 platforms, plus the brand's mobile app. Alpari offers tight spreads on ECN accounts and commission-free spreads from 1.2 pips on standard accounts.	Scope Markets offers day trading and investing in multiple spot and CFD instruments. The group of brokers is regulated in several locations, including Belize, Kenya and South Africa. Users get competitive trading conditions, a range of payment methods, strong support and can get started in a few straightforward steps.
Bonus Offer
30% up to $100 (terms apply)	50% Deposit Bonus Up to $50,000. *Bonus promotions do not apply to all entities. Depending on the jurisdiction chosen to open an account with, different regulations apply.
Comment by Reviewer
"Alpari will suit short-term binary options traders with a low $5 deposit and welcome bonus. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."	"Scope Markets will appeal to traders seeking highly leveraged CFDs and spot investment products on the powerful MetaTrader 5 platform. The Scope Markets Group stands out for its range of trading tools and educational materials."
Pros
Low or no commission and tight spreads on ECN accounts Excellent choice of funding options with no fees Cashback for high-volume traders Strong range of currency pairs Supports MT4 and MT5 platforms Welcome bonus for new traders Copy trading and PAMM service High leverage up to 1:1000 20+ years track record	Modern Scope Trader web platform with 50+ analysis tools and intuitive design Available in English, Spanish, Russian, Vietnamese & Chinese etc. A wide range of trading training courses and tutorials Regular market news, updates and webinars Multilingual, 24/5 customer support MT4 and MT5 platform integration Low commissions and fees Multi-regulated group
Cons
Not available in the US Limited selection of non-forex assets High charges for strategy manager copy trading tools Weak market research and analysis tools	Regulatory scrutiny varies between countries Limited trading instruments
Instruments
Stocks, CFD, Forex, Crypto	Forex, Stocks, Commodities etc.
Demo Account
Yes	Yes
Minimum Deposit
$5	$50
Trading Platforms
MT4	MT4 MT5
Payment Methods
ADVcash Bitcoin Payments Credit Card Diners Club EasyPay Ethereum Payments FasaPay Flutterwave GlobePay Maestro Mastercard Neteller PayRedeem Perfect Money RBK Money Skrill UnionPay Vietcombank Transfer WebMoney Wire Transfer Yandex Money	Credit Card Debit Card M-Pesa Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 lots
Regulator
FSC, SEBI, JFSA	CMA, FSC, FSCA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	No
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	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android & Windows	iOS & Android
Auto Trading
Via Copy Trading choices	Yes
Copy Trading
Yes	No
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.
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CZK NGN	USD EUR GBP
Stock Exchanges
Australian Securities Exchange 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 CAC 40 Index France DAX GER 40 Index Deutsche Boerse Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq SIX Swiss Exchange
Commodities
Gold Natural Gas Silver	Gold Natural Gas Oil Palladium Platinum Silver
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.	Scope Markets clients can trade CFDs on a good selection of asset classes including forex, precious metals, energies, indices and global shares. The award-winning broker also offers a decent suite of educational materials and a YouTube channel to support aspiring traders.
Leverage
1:400	1:2000 (location dependent)
FTSE Spread
13	0.4
GBPUSD Spread
0.7 var	1.0
Oil Spread
4 pts	0.2
Stocks Spread
Variable	Variable
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.	Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with high leverage and a low starting deposit. Multilingual 24/5 support is also available to support forex traders.
GBPUSD Spread
0.7	1.0
EURUSD Spread
0.4	1.0
EURGBP Spread
0.6	1.0
Assets
50+	44
Currency Indices
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.	Go long or short on popular cryptos like Bitcoin, Ethereum and Ripple with leveraged CFDs and competitive spreads. Depending on the jurisdiction, different regulations apply. CFDs on cryptocurrencies are not offered in all jurisdictions.
Spread
1	Variable
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 LTC XRP XMR ZEC BCH DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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