Alpari vs Tiger Brokers

Alpari vs Tiger Brokers Comparison Table 2024
Alpari	Tiger Brokers
Review 3.8	Review 3.5

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.	Founded in 2014, Tiger Brokers is a stocks and securities broker based in China, offering 350+ products on a proprietary trading terminal. The broker is regulated by the Monetary Authority of Singapore (MAS) among others, and is listed on NASDAQ. As of 2021, the broker has 2 million account holders with an annual trading volume of $404.3+ billion.
Bonus Offer
30% up to $100 (terms apply)
Comment by Reviewer
"Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."	"Based on my experience, Tiger Brokers is an excellent choice for dedicated stock traders looking to trade US, Asian and Australian shares, as well as options, futures, warrants and interest rates. It’s also great for anyone looking for explore an innovative proprietary trading platform."
Pros
Low or no commissions are available and there are tight spreads on ECN accounts There's an excellent choice of funding options with no fees Cashback schemes are available for high-volume traders Alpari supports both the MT4 and MT5 platforms with support for Expert Advisors (EAs) Copy trading and PAMM services are also available for day traders The broker offers high leverage up to 1:1000 for experienced clients	I’m satisfied with the brokers strong industry reputation, with multiple awards, custodian backing (including from Interactive Brokers and DBS bank), and its appointed listing on the NASDAQ I think Tiger Brokers competes well with similar brands when it comes to market coverage, with an excellent range of stocks and funds from US and Pacific exchanges I appreciate that there’s no minimum deposit to get started on the powerful trading terminal, which is accessible via a stable desktop app or mobile device I also appreciate that the broker supports fee-free deposits via bank wire and Wise, in a range of currencies including HKD, USD, AUD and EUR I feel relatively safe registering with this broker since it holds reputable licenses with multiple bodies including the SEC, FINRA and MAS There’s a free demo account available for those who want to browse the platform’s features before committing real funds I found several customer service options, including a live chat, telephone number, WhatsApp and email
Cons
The lack of educational resources is disappointing compared to alternatives There are fairly high charges for strategy manager copy trading tools The market analysis and research tools are limited	I think some traders may feel restricted by the single proprietary platform offering, with no access to popular third-party stock trading terminals like MetaTrader 4 Compared to traditional brokers, there’s limited account funding methods which may be a drawback for traders used to depositing via e-wallets Compared to some other brokers, I think the range of educational resources and market analysis tools is lacking a little I’m a little disappointed that there’s no EMEA market access which would serve a wider cohort of investors
Instruments
Forex, CFDs, Stocks, Commodities, Indices, Crypto	Stocks, Options, Futures, Stock Options, ETFs, Warrants, Interest Rates
Demo Account
Yes	Yes
Minimum Deposit
$5	$0
Trading Platforms
MT4 MT5	Tiger Trade TradingView
Payment Methods
ADVcash Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer	TransferWise Wire Transfer
Minimum Trade
0.01 Lots	1 Lot
Regulator
FSC, SEBI, JFSA	MAS, SEC & FINRA, ASIC, SIPC, NFA, DTC, NSCC, HKMA
Margin Trading
No	Yes
Margin Rate
	3.0%
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	Yes
Android App Rating
3.6
iOS App Rating
3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader
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
Trade Signals
	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	No
Account Currencies
USD EUR GBP CZK NGN	USD EUR AUD
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) Hong Kong Stock Exchange Nasdaq New York Stock Exchange Shenzhen Stock Exchange
Commodities
Gold Natural Gas 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.	CFD trading not offered
Leverage
1:1000	1:4
FTSE Spread
13	N/A
GBPUSD Spread
0.7	N/A
Oil Spread
4.0	N/A
Stocks Spread
2.0	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.	Forex trading not offered
GBPUSD Spread
0.7
EURUSD Spread
0.4
EURGBP Spread
0.6
Assets
50+
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.	Crypto trading not offered
Spread
1
Coins
AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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