MogaFX vs Alpari

MogaFX vs Alpari Comparison Table 2023
MogaFX Review 2023	Alpari Review 2023
Review 2.5 MogaFX is #13 in our CFD broker rankings.	Review 3.8
Traders from US accepted	Traders from US not accepted See available CFD brokers
MogaFX is a multi-regulated broker with several account tiers and copy trading.	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.
Bonus Offer
MOGA Point Rewards	30% up to $100 (terms 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."
Pros
Demo account Copy trading MT4 integration Trading bonuses Regulatory oversight Multiple account currencies	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
Cons
High minimum deposit	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
Instruments
CFDs, Forex, Indices, Commodities, Cryptos	Stocks, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$1000	$5
Trading Platforms
MT4 MT5 TradingView AutoChartist	MT4
Payment Methods
Bitcoin Payments FasaPay Neteller Perfect Money Skrill Wire Transfer	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
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, SVGFSA	FSC, SEBI, JFSA
Margin Trading
Yes	No
STP Account
No	No
ECN Account
Yes	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
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Android	iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader	Via Copy Trading choices
Copy Trading
Yes	Yes
Copy Trading Platform
MOGA Trade Plus+ allows users to copy traders based on their investment returns, number of trading days and risk level.	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
MetaTrader
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
No	Yes
Account Currencies
USD EUR GBP AUD	USD EUR GBP CZK NGN
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500	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
Commodities
Gold Natural Gas Oil Silver	Gold Natural Gas Silver
CFD Trading
Go long or short on various assets with high leverage.	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
1:500	1:400
FTSE Spread
From 2.5 Pips (Standard)	13
GBPUSD Spread
From 2.5 Pips (Standard)	0.7 var
Oil Spread
From 2.5 Pips (Standard)	4 pts
Stocks Spread
NA	Variable
Forex Trading
Trade major and minor forex pairs with ECN execution.	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
2.8 Pips (Standard)	0.7
EURUSD Spread
2.6 Pips (Standard)	0.4
EURGBP Spread
2.9 Pips (Standard)	0.6
Assets
38	50+
Currency Indices
	USD
Cryptocurrency
Trade the largest cryptos against the USD.	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 2.5 Pips (Standard)	1
Coins
BTC ETH LTC	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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