AMarkets vs Alpari

AMarkets vs Alpari Comparison Table 2024
AMarkets Alpari
2.8
3.8

AMarkets is an established forex and CFD broker registered in the Cook Islands. Founded in 2007, the brokerage has over 1 million clients and is regulated in several offshore jurisdictions, including St Vincent and the Grenadines and Mwali. Over 1400 instruments are available on the popular MT4 and MT5 platforms.

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.

Bonus Offer
25% welcome deposit bonus 30% up to $100 (terms apply)
Comment by Reviewer
"The copy trading service at AMarkets will appeal to beginners while experienced traders will rate the wide range of trading products, including ETFs, bonds and cryptos." "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."
Pros
  • Cashback program with up to $17 rewarded for every lot traded, plus a VIP program with better trading conditions
  • A range of trading tools including a calculator, economic calendar, and sentiment indicators
  • Copy trading USD account with a $100 minimum deposit, leverage up to 1:500 and hedging
  • Regular trading news, forex analysis and trading ideas in the broker's Telegram channel
  • Micro Bitcoin (MBT) account available for beginners with a low 0.001 BTC deposit
  • No fees for deposits and a range of fast methods, including crypto transfers
  • Access to Autochartist analysis with signals and automated position entry
  • 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
Cons
  • There are wider standard spreads than many competitors
  • We found that educational materials trail alternatives
  • No top-tier regulation reduces the trust score
  • Withdrawal fees up to 1.8%
  • 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
Awards
  • Best Value Broker Middle East 2020 - Global Forex Awards
  • Fastest Growing Forex Broker in the Middle East 2019 - Egypt Investment Expo
  • Best Execution Speed Highest Client Success Rate 2014 - IAFT Awards
  • Fastest Growing Broker 2013 - STP Broker Asia
  • Best Educational Program 2011 - Show FX
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds Forex, CFDs, Stocks, Commodities, Indices, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 $5
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA SVG FSC, SEBI, JFSA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
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
No Yes
Mobile Apps
Yes iOS & Android
Android App Rating
3.6
iOS App Rating
3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
The copy trading service is a good option for newer traders and you can pick investors to follow based on their profitability, fees, number of followers and more. The $100 starting deposit is also accessible for beginners. 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
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
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
Stock Exchanges
Commodities
CFD Trading
Experienced traders can access leverage up to 1:1000 on a range of CFDs across metals, energies, indices and more. Beginners can also follow and copy successful CFD trades in the copy trading account. 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.
Leverage
1:1000 1:1000
FTSE Spread
64 13
GBPUSD Spread
0.6 0.7
Oil Spread
3 4.0
Stocks Spread
Variable 2.0
Forex Trading
AMarkets offers a decent range of 42 majors, minors and exotics with low spreads from 0.2 pips in the ECN account. With that said, Standard account spreads come in at around 1.5 pips for EUR/USD, which is higher than the best forex brokers. 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.
GBPUSD Spread
0.6 0.7
EURUSD Spread
0.3 0.4
EURGBP Spread
1.5 0.6
Assets
42 50+
Currency Indices
  • USD
Cryptocurrency
Access a decent range of crypto pairs against USD and deposit just 10 MBT to access the broker's Micro Bitcoin account. Deposit methods include Bitcoin, Binance Coin and Ethereum. 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.
Spread
From 30 1
Coins
  • BTC
  • BCH
  • DSH
  • ETC
  • ETH
  • LTC
  • XRP
  • 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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