Overall, Alpari offers cashback forex rebates of up to 20% on spreads or commissions paid on ECN Accounts.
🔎 Alpari Account | ECN Account on MT4/MT5 |
📈 Forex | 20% back on Spreads or Commissions Paid |
💶 Payment Frequency | Alpari pays cashback once weekly |
How to Open a Forex Cashback Account with Alpari (via SAShares)
You can follow these steps to register for a Forex Cashback Account with Alpari via SAShares.
For New Accounts
If you do not have an existing account with Alpari, you can easily obtain a cashback rebate in three easy steps.
Step 1:
Visit the Alpari website and click “Open New Account.”
Step 2:
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New Alpari Rebate Application
“Dear SAShares Team,
Please view my Alpari Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Step 3:
Wait for approval, which will be sent within [amount of hours]. Once approval is given, you will automatically receive your cashback rebates from the Alpari system.
For Existing Accounts
If you have an existing Alpari account, you can get a cashback rebate by following these easy steps.
Step 1:
Send an email to Alpari: [email protected]
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear Alpari Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2:
Once you receive confirmation of the transfer from Alpari, you can create an additional trading account.
Step 3:
Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New Alpari Rebate Application
“Dear SAShares Team,
Please view my Alpari Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Alpari vs. Notable Other Brokers – Forex Rebate Comparison
We compared Forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts to view Alpari’s comprehensive Forex Rebate Program.
🔎 Broker | 🥇 Alpari | 🥈 TMGM | 🥉 IC Markets |
📈 Forex | 20% | $2 | Forex Majors – 0.2 pips |
📊 Forex | 20% | $2 | Forex Minors – 0.3 pips |
💡 Energies | n/a | n/a | Up to $1.25 per lot |
🪙 Cryptocurrency | n/a | n/a | Up to $0.5 per lot |
💎 Precious Metals | n/a | $2 | 0.30 pips |
Alpari Rebates Summary
- ✅ Alpari has an overall rating of 3/5
- ✅ Alpari has a Real Customer Rating of 2/5
Alpari Cashback Forex Conditions
- ✅ Cashback can only be earned on the ECN Account.
- ✅ There are volume-based tiers that determine the rebates that traders can earn.
Alpari Additional notes on Cashback Rebates
Traders could earn rebates or refunds on the following:
- ✅ 20% on Spreads
- ✅ 20% on Commissions that have been paid
- ✅ 100% on Deposit fees
- ✅ 40% on currency conversion fees
Traders are given access to a personal account manager and earn up to 25% bonus points according to their rebate tier.
Number of Traders participating in Alpari Cashback Rebates
It is unknown how many of Alpari’s over 2 million registered clients currently participate in the cashback rebates program.
Geolocation of Traders
Most of Alpari’s market share is concentrated in these areas:
- ✅ Ukraine – 19.99%
- ✅ Turkey – 9.04%
- ✅ Poland – 8.88%
- ✅ Russia – 8.40%
- ✅ Uzbekistan – 7.25%
Alpari’s Current Expansion Focus
Alpari is currently expanding across Africa and Europe.
Countries not accepted by Alpari
Alpari does not provide services to the following regions:
- ✅ The United States
- ✅ Japan
- ✅ Canada
- ✅ Australia
- ✅ The Democratic Republic of Korea
- ✅ European Union
- ✅ United Kingdom
- ✅ Syria
and many more.
Popularity among traders who choose Alpari
Alpari is among the Top 100 Forex and CFD brokers worldwide.
Detailed Summary of Alpari
🔎 Headquartered | Saint Vincent and the Grenadines |
🌎 Global Offices | Mauritius, Nigeria, Saint Vincent and the Grenadines |
📌 Year Founded | 1998 |
📍 Regulation | Financial Services Commission Mauritius |
📈 Tier-1 Licenses | None |
📉 Tier-2 Licenses | None |
☪️ Islamic Account | ✅ Yes |
🆓 Demo Account | ✅ Yes |
🅰️ Non-expiring Demo | ✅ Yes |
🅱️ Demo Duration | Unlimited |
🔟 Retail Investor Accounts | 4 |
▶️ PAMM Accounts | ✅ Yes |
💧 Liquidity Providers | Unknown |
💝 Affiliate Program | ✅ Yes |
📊 Order Execution | Instant, Market |
📈 OCO Orders | None |
🫰🏻 One-Click Trading | ✅ Yes |
#️⃣ Scalping Allowed | ✅ Yes |
*️⃣ Hedging Allowed | ✅ Yes |
📰 News Trading Allowed | ✅ Yes |
💹 Expert Advisors (EAs) Allowed | ✅ Yes |
✴️ Trading API | None |
💴 Cashback Forex Calculator offered | None |
💵 Cashback Forex Lot Size Calculator | None |
💶 Cashback Forex Compounding Calculator | None |
📈 Starting spread | 0.4 pips EUR/USD |
📉 Minimum Commission per Trade | $3 per lot |
📊 Margin Call | From 60% to 120% |
⛔ Stop-Out | From 30% to 100% |
⬇️ Minimum Trade Size | 0.01 lots |
⬆️ Maximum Trade Size | 250 lots |
🪙 Crypto trading offered | None |
❌ Leverage Restrictions | None |
💴 Minimum Deposit (USD) | $5 |
💵 Account Base Currencies (All) | EUR, USD, GBP, NGN |
👤 Active Alpari customers | 2 million+ |
⏰ Minimum Withdrawal Time | Instant |
🕰️ Maximum Estimated Withdrawal Time | 3 to 5 Business Days |
💳 Instant Deposits and Instant Withdrawals | ✅ Yes |
🔁 Segregated Accounts | ✅ Yes |
⌛ Trading Platform Time | Eastern European Time (EET) |
🚨 Observe DST Change | No |
↪️ DST Change Time zone | Eastern European Time (EET) |
🔊 Customer Support Languages | Multilingual |
➕ Copy Trading Support | ✅ Yes |
📌 Customer Service Hours | 24/5 |
🎁 Bonuses and Promotions | ✅ Yes |
🖍️ Education for beginners | ✅ Yes |
💻 Proprietary trading software | ✅ Yes |
💖 Is Alpari a safe broker for traders | ✅ Yes |
🔟 Rating for Alpari | 9/10 |
💯 Trust score for Alpari | 67% |
Advantages that Alpari has over Competitors
Alpari has the following advantages over its competitors:
- ✅ A diverse selection of trading accounts tailored to clients’ unique needs and experience levels.
- ✅ Exemplary round-the-clock customer support service for prompt assistance and smooth trading experience.
- ✅ Mobile application for convenient and efficient trading on smartphones and compatible devices.
- ✅ Multiple options for depositing funds and withdrawing earnings, ensuring convenience and accessibility.
- ✅ Comprehensive training courses for traders at various experience levels to enhance skills and market understanding.
Finally, Investment opportunities for passive traders to participate in the financial markets without active trading.
Who will Benefit from Trading with Alpari?
Alpari provides a user-friendly platform that makes it easy for beginners to start trading on the Forex exchange. With straightforward account setup, quick deposits and withdrawals, and an intuitive trading interface like Fix-Contracts, beginners can easily enter the world of trading. Furthermore:
- ✅ Alpari caters to the needs of experienced traders by offering advanced trading services. With extremely low spreads of 0 pips and instant execution of trade orders, seasoned traders can benefit from competitive trading conditions and efficiently execute their strategies.
- ✅ Alpari supports millions of crypto traders globally, offering them access to MetaTrader 4 (MT4) with its rich functionality, reliability, and ease of use. Traders can trade cryptocurrencies on web-based platforms and mobile devices, allowing them to trade on the go.
- ✅ Alpari’s Fix-Contracts platform offers a simple and effective trading experience. With an intuitive interface that requires only two buttons to execute trades, it is an excellent choice for traders who prefer a user-friendly platform, particularly those new to trading.
Alpari’s MetaTrader 4 (MT4) platform is known for its stability and reliability. Supported on web-based platforms and mobile devices, it offers traders a comfortable and seamless trading experience, ensuring reliability in their trading operations.
Alpari Regulation and Safety of Funds
Alpari Global Regulations
🔎 Registered Entity | 🌎 Country of Registration | 📌 Registration Number | 📍 Regulatory Entity | 📈 Tier | 📉 License Number/Ref |
Alpari | Mauritius | N/A | FSC | 3 | C113012295 |
How Alpari Protects Traders and Client Funds
🔎 Security Measure | 🥇 Information |
🔒 Segregated Accounts | ✅ Yes |
🔏 Compensation Fund Member | ✅ Yes |
🔐 Compensation Amount | 20,000 EUR |
🔓 SSL Certificate | None |
🔒 2FA (Where Applicable) | ✅ Yes |
🔏 Privacy Policy in Place | ✅ Yes |
🔐 Risk Warning Provided | ✅ Yes |
🔓 Negative Balance Protection | ✅ Yes |
🔒 Guaranteed Stop-Loss Orders | None |
Alpari Awards and Recognition
According to Alpari’s website, the company has been recognized as the Most Transparent Broker (Global Forex Awards) 2020.
Alpari Account Types and Features
🔎 Live Account | 💴 Minimum Dep. | 📉 Average Spread | 🪙 Commissions | 💶 Average Trading Cost |
🥇 Standard | $100 | 1.2 pips | None | 12 USD |
🥈 Micro | $5 | 1.7 pips | None | 17 USD |
🥉 ECN | $500 | 0.4 pips | 3 USD | 7 USD |
🏅 Pro | $25,000 | 0.4 pips | None | 4 USD |
Alpari Standard Account
The Alpari Standard Forex Account presents traders with a secure and user-friendly environment at all proficiency levels, ensuring a seamless trading experience.
The standard account holds historical significance as the pioneering account type in the forex market. By opting for a standard forex account with Alpari, traders can access various advantageous features and benefits.
🔎 Account Feature | Value |
💴 Base Account Currency Options | USD, EUR, GBP, NGN |
💵 Minimum Deposit | 100 USD, EUR, GBP, or 20,000 NGN |
💶 Maximum Deposit | None |
📈 Maximum Leverage | Floating from 1:1000 |
📉 Commission Charges | None |
📊 The Trading Platform offered for this account | MetaTrader 4 only |
📌 Average Spread | Floating from 1.2 pips |
📍 Order Execution Type | Instant |
⚙️ Margin Call (%) | 60% |
⛔ Stop-Out (%) | 40% |
☪️ Swap-Free Option | Yes |
⬇️ Minimum Trade Volume | 0.01 lots |
⬆️ Maximum Trade Volume | 30 lots |
💹 Maximum Number of Orders | Unlimited |
🖇️ Maximum Order Volume | 100 Lots |
🔍 Maximum Pending Orders | 100 Lots |
Alpari Micro Account
The Alpari Micro Account offers a trading experience characterized by its unique display of balance in cents, serving as an advantageous platform for individuals seeking to engage in the market. Particularly suitable for aspiring traders and those desiring to enhance their forex trading skills, this account type presents a minimum deposit requirement of five dollars, pounds, or euros.
The account provides various benefits, including the opportunity for low-risk trading, enabling beginners to navigate the market cautiously.
🔎 Account Feature | Value |
💴 Base Account Currency Options | USD, EUR, GBP, NGN |
💵 Minimum Deposit | 5 USD, EUR, GBP, or 1,000 NGN |
💶 Maximum Deposit | None |
📈 Maximum Leverage | Fixed, 1:400 |
📉 The Trading Platform offered for this account | MetaTrader 4 only |
📊 Commission Charges | None |
📌 Average Spread | Floating from 1.7 pips |
📍 Order Execution Type | Instant Execution |
▶️ Margin Call (%) | 50% |
⛔ Stop-Out (%) | 30% |
☪️ Swap-Free Option | ✅ Yes |
⬇️ Minimum Trade Volume | 0.01 lots |
⬆️ Maximum Trade Volume | 1 Lot |
🔟 Maximum Number of Orders | 1,000 cent Lots |
5️⃣ Maximum Order Volume | 5 lots |
🔍 Maximum Pending Orders | 100 lots |
Alpari ECN Account
Alpari’s ECN Account offers traders enhanced flexibility, transparency, and efficiency. It provides access to competitive ask and bid prices from liquidity providers, revolutionizing the trading experience.
ECN trading ensures transparency by directly routing orders to market participants, leading to better trade execution. ECN Accounts offer low or even zero spreads during high market volatility, allowing traders to exploit market movements. The No Deal Desk (NDD) technology eliminates requotes and ensures swift order execution.
🔎 Account Feature | Value |
💴 Base Account Currency Options | USD, EUR, GBP, NGN |
💵 Minimum Deposit | 500 USD, EUR, GBP, or 20,000 NGN |
💶 Maximum Deposit | None |
📈 Maximum Leverage | Floating from 1:1000 |
📉 The Trading Platform offered for this account | MetaTrader 4 and MetaTrader 5 |
📊 Commission Charges | $1.5 per lot, per side |
📌 Average Spread | Floating, from 0.4 pips |
📍 Order Execution Type | Market |
💹 Margin Call (%) | 100% |
⛔ Stop-Out (%) | 80% |
☪️ Swap-Free Option | Yes, only on MetaTrader 4 |
⬇️ Minimum Trade Volume | 0.01 lots |
⬆️ Maximum Trade Volume | 50 lots |
🔟 Maximum Number of Orders | Unlimited |
📌 Maximum Order Volume | Unlimited |
🔍 Maximum Pending Orders | 300 lots |
Alpari Pro Account
The Alpari Pro account from Alpari is tailored for professional traders, providing enhanced trading conditions and benefits. It eliminates commissions and requotes, ensuring a seamless trading experience.
The account offers lower spreads, unlimited trading volume, and access to deep liquidity from top-tier providers through ECN conditions. Traders can execute strategies without limitations and benefit from competitive pricing, improved trading costs, and transparent trade execution.
🔎 Account Feature | Value |
💴 Base Account Currency Options | USD, EUR, GBP, NGN |
💵 Minimum Deposit | 25,000 USD, EUR, GBP |
💶 Maximum Deposit | None |
📉 Maximum Leverage | Floating from 1:300 |
📈 The Trading Platform offered for this account | MetaTrader 4 only |
💷 Commission Charges | None |
📊 Average Spread | Floating, from 0.4 pips |
📌 Order Execution Type | Market |
📍 Margin Call (%) | 120% |
⛔ Stop-Out (%) | 100% |
☪️ Swap-Free Option | Yes, Only on MetaTrader 4 |
⬇️ Minimum Trade Volume | 0.01 lots |
⬆️ Maximum Trade Volume | 250 lots |
✴️ Maximum Number of Orders | Unlimited |
▶️ Maximum Order Volume | Unlimited |
🔍 Maximum Pending Orders | 300 lots |
Alpari Demo Account
The Alpari demo account is exclusively offered for the Standard and ECN account options, providing traders with a risk-free environment to practice and explore their trading strategies.
Within the demo account, traders can request additional virtual funds to simulate various trading scenarios and gain valuable experience without using real money.
However, it is important to note that the demo account remains active indefinitely as long as trading activities occur within 14 days. The demo account is automatically deleted if no trading takes place for more than 14 days.
However, should this occur, traders have the flexibility to open a new demo account to continue their practice and learning journey. The Alpari demo account is an invaluable tool for traders to refine their skills and test new strategies in a risk-free environment.
Alpari Islamic Account
Alpari caters to the needs of Muslim traders by offering Islamic Swap-Free Accounts designed to align with Islamic finance principles. These accounts allow traders to participate in the financial markets while adhering to their religious beliefs.
Alpari presents various options for switching to Islamic Swap-Free Accounts. These options include:
- ✅ Standard Account (MetaTrader 4): The Islamic Swap-Free version of the Standard Account allows traders to engage in forex trading while complying with Shariah principles. This account type is compatible with the widely-used MetaTrader 4 platform, providing a familiar and user-friendly trading environment.
- ✅ Forex Micro Account (MetaTrader 4): Muslim traders who prefer to trade with smaller lot sizes can opt for the Forex Micro Account in its Islamic Swap-Free form. This account type, available on MetaTrader 4, allows for greater flexibility and precision in trade execution while upholding Islamic finance guidelines.
- ✅ Forex ECN Account (Only on MetaTrader 4): For those seeking enhanced liquidity and direct market access, the Forex ECN Account offers an Islamic Swap-Free alternative. This account type, available exclusively on the MetaTrader 4 platform, provides access to deep liquidity from top-tier providers while maintaining compliance with Islamic principles.
- ✅ Forex Pro Account: The Islamic Swap-Free version of the Forex Pro Account caters to professional traders and institutional investors who require advanced trading capabilities. With this account type, Muslim traders can enjoy the benefits of competitive pricing, fast execution, and a range of professional trading tools while adhering to Shariah principles.
By offering a diverse selection of Islamic Swap-Free Accounts, Alpari ensures that Muslim traders can actively participate in the financial markets while respecting their religious beliefs.
Alpari Professional Account
The Alpari account, designed for professional traders, offers comprehensive features and benefits tailored to the needs of experienced individuals, institutional traders, and hedge fund managers.
With a focus on providing optimal trading conditions, Alpari’s Pro account is meticulously designed to eliminate commissions, requotes, and compromises, allowing traders to execute their strategies with maximum freedom and efficiency.
Professional traders who choose the Pro account gain access to a trading environment that fosters excitement and maximizes trading potential. The account is intended to foster an environment where traders’ strategies can be used to their full potential without restraint.
Alpari PAMM/MAM Accounts
Alpari’s PAMM (Percentage Allocation Management Module) service is highly acclaimed and globally recognized. It is a platform that brings traders and investors together, fostering mutually beneficial relationships.
PAMM accounts stand out as a unique product within the Alpari ecosystem. They allow investors to generate earnings without actively participating in trading themselves. Investors can allocate their funds to the accounts of skilled traders, who, in turn, receive a percentage of the profits earned from trading with those funds as a reward.
In addition to individual PAMM accounts, Alpari offers PAMM portfolios, which consolidate multiple PAMM accounts into a single investment solution. This approach allows investors to hedge their bets by selecting PAMM accounts with varying risk profiles, diversifying their investment strategy.
For investors, PAMM accounts and portfolios offer several key advantages:
- ✅ Investing in PAMM accounts or portfolios allows individuals to tap into the unlimited potential of the Forex market and potentially earn high returns without needing to possess trading skills themselves.
- ✅ Alpari’s PAMM service undergoes thorough compliance checks by international auditing firms. The results of these audits are made accessible to investors through the myAlpari platform, ensuring transparency and accountability.
Investors can withdraw profits or their entire investment through myAlpari. Moreover, they can manage risk by diversifying their investments across multiple PAMM accounts or opting for a pre-designed PAMM portfolio.
How to open an Account with Alpari
To register a live trading account with Alpari, you can follow these steps:
- ✅ Visit the Alpari website and click the “Register” button at the top of the webpage.
- ✅ Enter details like your name, email address, and phone number.
- ✅ Enter your country and city.
- ✅ Alpari will send a PIN code to your email or phone number, which you need to use to verify your account
Finally, provide financial information and documents to verify your identity.
Alpari Trading Platforms
Alpari provides comprehensive support for the globally acclaimed MT4 and the latest version of the industry-standard MT5 trading platforms. These platforms offer a range of options and features to cater to the diverse needs of traders.
In addition to the desktop applications, Alpari offers browser-based versions of MT4 and MT5, known as WebTerminal, ensuring convenient access to trading functionalities without software installation. Alpari additionally extends its platform support to mobile and tablet devices
Alpari Investment Programs
The Alpari Invest app represents a highly efficient mobile investment solution catering to both iOS and Android users. This application serves as a comprehensive and up-to-date source of information on Alpari’s diverse range of investment products and services.
The app simplifies the investment process, allowing users to capitalize on the potential of their funds with minimal effort. Through the app, investors can unlock the unlimited potential for returns while mitigating risk through the option to diversify their investments with low deposit requirements.
One notable aspect of the Alpari Invest app is its user-friendly interface, designed to streamline the investing experience.
Which Markets Can You Trade with Alpari?
Traders can expect the following range of markets from Alpari:
- ✅ Forex
- ✅ Precious Metals
- ✅ Commodities
- ✅ Shares
- ✅ Indices
Financial Instruments and Leverage offered by Alpari
🔎 Instrument | ▶️ Number of Assets Offered | ⏩ Max Leverage Offered |
📈 Forex | 60 | 1:1000 |
💎 Precious Metals | 5 | 1:500 |
🍎 Commodities | 3 | 1:500 |
📉 Shares | 10 | 1:5 |
📊 Indices | 28 | 1:500 |
Alpari Trading and Non-Trading Fees
Alpari Spreads
The spreads implemented by Alpari on a trader’s live account are subject to variation based on the trader’s specific account type, the financial instrument being traded, and the prevailing market conditions.
Alpari strives to provide competitive pricing and transparency in its spreads. It is important to note that average spreads for traders utilizing Alpari’s services may fluctuate and are subject to change.
These spreads are meticulously calculated to ensure a fair and efficient trading environment for Alpari clients.
- ✅ Standard Account – 1.2 pips EUR/USD
- ✅ Forex Micro Account – 1.7 pips EUR/USD
- ✅ Forex ECN Account – 0.4 pips EUR/USD
- ✅ Forex Pro Account – 0.4 pips EUR/USD
Alpari Commissions
Traders opting for an ECN MT4/MT5 account with Alpari can trade at a set fee per lot. The account’s base currency determines the commission rate and is applicable only when a position is initiated.
This commission covers both the opening and closing of the transaction, facilitating straightforward and transparent cost calculations for traders.
By offering a commission-based structure, Alpari ensures clarity and enables traders to make informed decisions regarding their trading activities. The typical commissions that traders can expect are as follows:
🔎 Commission | 💴 USD | 💵 EUR | 💶 GBP |
📈 Forex | 3 USD per lot | 2.6 USD per lot | 2.35 USD per lot |
💎 Precious Metals | 3 USD per lot | 2.6 USD per lot | 2.35 USD per lot |
🪙 Commodities | 7 USD per lot | 6 USD per lot | 5.50 USD per lot |
📊 Indices | 4 USD per lot | 3.50 USD per lot | 3.15 USD per lot |
Alpari Overnight Fees, Rollovers, or Swaps
In addition to other associated costs, traders should also consider swap fees when holding positions open overnight. Swaps refer to the interest payments incurred on leveraged positions.
Individuals essentially borrow one currency to purchase another when engaging in currency trading. The swap interest fee is determined by calculating the disparity between the interest rates of the traded currencies.
The following are examples of common swap fees:
🔎 Instrument | 📈 Short Swap | 📉 Long Swap |
💴 EUR/USD | 0.6 pips | -0.73 pips |
💵 XAG/USD | 0.9 pips | -1 pips |
💶 XAU/USD | 13.1 pips | -14.9 pips |
It is essential to be aware of swap fees as they contribute to the overall cost of maintaining open positions and should be factored into trading strategies and financial considerations.
Alpari Deposit and Withdrawal Fees
It is important to note that when it comes to withdrawing funds, several payment providers are available, each with its own policies and potential withdrawal fees. These fees are not set by Alpari but by the respective payment providers.
- ✅ FasaPay – 0.5%
- ✅ South-East Asia Online Banking – 1.4%
- ✅ Latin American Solutions – (Mexico) 1% + 1 EUR
- ✅ African Local Solutions (C) – 1 USD
- ✅ Online Bank Malaysia – 2%
- ✅ Online Bank Indonesia – 2%
- ✅ Online Bank Vietnam – 2%
- ✅ Ngan Luong – 1.1% + 0.05 USD
- ✅ Visa, Mastercard, Maestro – 2 EUR, 3 USD, or 2 GBP
- ✅ WebMoney – 2%
- ✅ Perfect Money – 0.5%
- ✅ Bitcoin – 1%
- ✅ Bank Wire Transfer – 30 EUR
Alpari prides itself on not imposing any costs related to deposits made into client accounts.
Alpari Inactivity and Conversion Fees
When traders allow their account to become dormant after 6 consecutive months, they face a $5 inactivity fee. Currency conversion fees apply. However, Alpari offers refunds on these fees under its cashback loyalty program.
Alpari Deposits and Withdrawals
Alpari offers the following deposit and withdrawal methods:
- ✅ FasaPay
- ✅ Latin American Solutions
- ✅ Mexican Local Transfer
- ✅ Egypt Local Transfer
- ✅ Local Indian Solutions
- ✅ Local Exchange House
- ✅ African Local Solutions (C)
- ✅ Indonesian Local Transfer
and many, MANY more!
How to Deposit Funds with Alpari
To deposit funds to an account with Alpari, traders can follow these steps:
- ✅ Go to the “myAlpari” Deposits page under the My Money tab and enter the desired amount before clicking the “Deposit” button.
- ✅ Select “Deposit” and “Select myAlpari Account/Wallet,” and enter the relevant details.
- ✅ On the following page, confirm your deposit details.
Your payment service provider may have additional steps they need you to take.
Alpari Fund Withdrawal Process
To withdraw funds from an account with Alpari, traders can follow these steps:
- ✅ Visit the ‘My Money’ section of the myAlpari site to access the Withdraw page. Then, select a withdrawal method by clicking the corresponding button.
- ✅ Complete the withdrawal form to withdraw funds from your myAlpari account or wallet.
Provide the necessary PIN sent to your email or mobile phone and select a withdrawal reason before clicking the “Submit” button.
Alpari Education and Research
Alpari Education
Alpari offers the following Educational Materials:
- ✅ Forex Trading Webinars
- ✅ Beginners’ Guide to Trading
- ✅ Forex Trading Strategies Guide
- ✅ Commodity Trading Guide
and many more!
Alpari Research
Alpari offers traders the following Research and Trading Tools:
- ✅ CopyTrade Solutions
- ✅ Strategy Manager Rankings
and more.
Alpari Bonuses and Current Promotions
Alpari’ Full Commission Compensation for Deposits via China UnionPay
Alpari offers a unique bonus where clients making deposits to an Alpari account using China UnionPay bank cards can benefit from full commission compensation.
The offer is open to all clients who make deposits during the specified period. The standard account deposit commission is 1%, but Alpari will compensate for this commission by crediting the equivalent amount to the account on which the deposit was made.
It is important to note that while the offer currently runs indefinitely, Alpari reserves the right to terminate it at any time.
Alpari Refer a Friend Program
Alpari’s Refer a Friend program allows clients to earn rewards by inviting their friends to join Alpari. By sharing a personalized reference link generated on myAlpari, clients can invite their friends to register.
The client will be notified by email once a friend registers using the referral link. After the friend tops up their account with a minimum amount of 35 USD, the client becomes eligible to receive a bonus once all the necessary conditions are met.
The bonus is 35 USD per referred friend, while the friend receives 1,000 ALP. Clients can refer multiple friends and earn more rewards as each referred friend fulfills the required trading activity.
How to open an Affiliate Account with Alpari
To register an Affiliate Account with Alpari, traders can follow these steps:
- ✅ Go to the Alpari website and navigate to the Affiliate or Partners section.
- ✅ Look for the “Register” or “Sign Up” button specifically for the Affiliate Program and click on it.
- ✅ Provide the required information in the registration form. This typically includes your name, contact details, preferred username, and password.
- ✅ Choose the type of Affiliate Account you wish to open. Alpari may offer different options, such as Introducing a Broker (IB), Affiliate, or Partner.
- ✅ Read through the terms and conditions of the Affiliate Program carefully. Make sure you understand the rules, commission structure, and any other relevant information. If you agree, accept the terms and proceed.
- ✅ After completing the registration form and accepting the terms, submit your application for review.
- ✅ Alpari may require you to verify your identity and ownership before approving your Affiliate Account. They may request additional documents or information to complete the verification process.
- ✅ Once your application is approved, you will receive confirmation from Alpari, along with the necessary details to access your Affiliate Account. This may include login credentials and instructions on using the affiliate tools and marketing materials.
Once your Affiliate Account is activated, you can start promoting Alpari’s services using your unique referral links, banners, or other marketing resources provided by Alpari. Earn commissions or rewards based on the referred clients’ trading activities or specific terms outlined by the Affiliate Program.
Alpari Affiliate Program Features
Partnering with the Alpari Affiliate Program provides a range of advantages and opportunities for affiliates, including the following
- ✅ Partnering with Alpari means associating yourself with a reputable and trusted brand recognized worldwide. Benefit from the credibility and reliability that Alpari offers.
- ✅ As an Alpari affiliate, you gain access to a wide range of promotional materials, including banners, logos, and videos. These resources assist you in effectively promoting Alpari’s services and attracting potential clients.
Additionally, Alpari provides transparent reporting and comprehensive analytical tools to track your affiliate performance. These tools enable you to monitor your referrals, analyze campaign effectiveness, and make informed decisions to optimize your partnership strategy.
Types of Alpari Partnership Options Available
Revenue Share up to 60%
As an introducing broker, you can earn up to 60% of the spread on every trade made by the clients you refer. This revenue share model rewards your efforts in bringing new clients to Alpari.
Regional Agent
If you possess experience in the financial industry and maintain a portfolio of potential clients, you can become a regional agent in your city. This role allows you to leverage your industry knowledge and connections to expand Alpari’s regional reach.
Alpari Customer Support
Alpari offers support through various channels, including phone, email, live chat, and online contact forms. Traders can choose the most convenient method to reach out to the support team based on their preferences and the urgency of the matter. Additional channels of support include:
- ✅ Phone Support
- ✅ Email Support
- ✅ Live Chat
- ✅ Online Contact Forms
Alpari maintains an extensive FAQ section and a comprehensive knowledge base on its website. These resources cover various topics, including account-related queries, trading platforms, technical issues, etc. Clients can refer to these self-help resources to find answers to common questions before contacting customer support.
Customer Support – Live Chat Questions and Answers
We tested Alpari’s live chat by asking them some of the most common FAQs prospective traders might have, and we have recorded their answers below. Answers are verbatim but edited for spelling and grammar.
How quickly will I receive my sign-up bonus?
“Once conditions are fulfilled, you receive your bonus the next Monday.”
How can I manage my trading risk when I sign up?
“There are four ways to control risk: 1. Protection Level. 2. Safety Mode. 3. ‘Pause’ button. 4. Choosing a Strategy Manager with a similar risk profile to yours from the Strategy Managers Top Ranking page.”
Do you recommend leverage?
“Please note that we offer floating leverage, The maximum leverage for an account is 1:1000, but leverage will reduce as the notional value increases, i.e. the size of the positions as it is floating.
Which Forex Rebate Trading Strategy should I try as a beginner?
“Please note that we do not provide any financial advice. However, Alpari provides you with several trading tools like educational tools, trading Signals, economic calendars, and margin calculators to enable you to develop your trading strategy.
Additionally, once you register, your account manager will provide you with necessary training and assistance.”
Do you provide compensation to eligible clients?
“We do not provide compensation.”
What is your requote policy?
“Requotes may occur on Standard, Stock CFDs, and Micro accounts. You can find full statistics on our Performance Statistics page.
How do you protect client data and information?
“That is our number one priority. We take it very seriously. We do various verifications before we register a client.
What execution speeds can I expect, and what is your execution policy?
“The Company acts as a principal (therefore, the Company is the sole Execution Venue for the execution of the Client’s orders). Moreover, when the Company executes Clients’ orders, it may route them to regulated EU and Non-EU financial institutions.”
How do you handle customer complaints?
“You will be assigned a dedicated account manager who will be in constant touch with you. We take complaints very seriously and have a 24-hour resolution motto.”
What is the recommended initial deposit?
“It depends on your trading strategies. Please note that the minimum deposit amount depends on the account type
Alpari Corporate Social Responsibility
Alpari’s Corporate Social Responsibility (CSR) initiatives extend to various educational, cultural, and medical institutions and individuals in need, including large families and people with disabilities.
Alpari’s commitment to corporate social responsibility extends beyond its core business operations, reflecting its dedication to positively impacting society. Through its charitable initiatives, Alpari strives to uplift individuals and communities, supporting them in various aspects of life.
Alpari Charitable Fund
The company is committed to positively impacting the community through its Alpari Charitable Fund. The Alpari Charitable Fund was established to enable children to reach their full potential, irrespective of their socioeconomic background, family circumstances, or physical and mental disabilities.
The fund specializes in supporting children with chronic illnesses, orphaned children, and foster families.
Other CSR Programs and Initiatives
Some other programs initiated by Alpari include:
- ✅ Masterclasses: Providing education and support to mothers of children with disabilities by teaching them how to create interesting homemade gifts.
- ✅ Together We Can Do More: Organising charity workshops to assist individuals who want to help but may be unsure of the most effective way to do so.
- ✅ Letters to Santa: Fulfilling the Christmas wishes of impoverished children and spreading joy during the holiday season.
Finally, “Your Garden“.Collecting seeds and garden utensils to benefit children in social institutions, promoting engagement with nature and gardening.
Alpari Alternatives
- 🥇 XTB: XTB is a notable brokerage that provides exceptional customer service and a diverse range of forex and CFD offerings. Their xStation platform suite is renowned for its user-friendly interface and comprehensive trading tools. XTB also stands out for its extensive educational resources, including educational videos, written content, and over 200 lessons available through its Trading Academy.
- 🥈 City Index: Founded in 1983, City Index offers many products, excellent platform choices, and robust research facilities. Notably, they provide guaranteed stop-loss protection for a premium and offer sophisticated conditional orders within their trading platforms, empowering traders with advanced risk management capabilities.
- 🥉 CMC Markets: As a well-established UK-based broker, CMC Markets enjoys a strong reputation in the industry. CMC Markets offers a secure trading environment with tier-1 liquidity and regulation by reputable authorities. They boast an extensive asset portfolio featuring over 10,000 trading instruments across various CFDs, catering to the diverse needs of traders.
Alpari Web Traffic Report
🔎 Global Rank | 55,757 |
📌 Country Rank | 7,906 |
📍 Category Rank | 74 |
📈 Total Visits | 1.2 million |
📉 Bounce Rate | 44.97% |
📊 Pages per Visit | 3.55 |
▶️ Average Duration of Visit | 00:03:28 |
🥰 Total Visits - March | 1.9 million |
💖 Total Visits - April | 1.5 million |
🔎 Total Visits - May | 1.2 million |
Alpari vs. Other Notable Brokers
🔎 Broker | 🥇 Alpari | 🥈 IC Markets | 🥉 TMGM |
📌 Regulation | FSC | ASIC, CySEC, FSA, SCB | ASIC, FMA, VFSC |
📍 Withdrawal Fee | ✅ Yes | None | None |
🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
💶 Min Deposit | $5 | $200 | $100 |
📈 Leverage | 1:1000 | 1:500 | 1:500 |
📉 Spread | From 0.4 pips | From 0.0 pips | 0.0 pips |
🪙 Commissions | $1.5 | From $3 to $3.5 | $7 |
📊 Order Execution | Instant and Market | Market | Market |
🎁 No-Deposit Bonus | None | None | None |
💰 Cent Accounts | None | None | None |
⏰ Customer Service Hours | 24/5 | 24/7 | 24/7 |
🔟 Retail Investor Accounts | 4 | 3 | 5 |
☪️ Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
⬇️ Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
⬆️ Maximum Trade Size | 250 lots | Unlimited | 80 lots |
🕰️ Min. Withdrawal Time | Instant | Instant | 1 Working Day |
⌛ Max. Withdrawal Time | 3 to 5 Business Days | Up to 14 business days | 1 Working Day |
💳 Instant Withdrawals | ✅ Yes | ✅ Yes | None |
Alpari Pros and Cons
✅ Pros | ❎ Cons |
Alpari offers commission-free trading on some accounts | Only has Tier-3 regulation, no Tier-1 or 2 |
There are ECN trading accounts for more experienced traders | Limited educational materials and resources |
There is a Micro and unlimited demo account for beginners | There are no advanced trading tools |
Alpari Customer Reviews
🥇 Commendable Broker.
Alpari demonstrates a commendable level of decency compared to numerous other brokerage firms. However, it is strongly recommended that higher standards be established. Placing client profitability above commission generation should be prioritized to enhance the overall experience. – Hiroshi Yamamoto
🥈 Very Happy Client!
Having been a loyal user of Alpari for the past three years, I believe it is the pinnacle compared to other brokers. The consistent quality of their services and offerings substantiates this claim. – Sofia Costa
🥉 Satisfied.
Before trading exclusively with Alpari, I engaged with multiple brokers, only to find that once profits were achieved and new deposits ceased, they would disregard my concerns. However, my experience with Alpari has been significantly different over the past two years. I have been able to withdraw funds satisfactorily without encountering any hindrances. – Mohammed Ali Khan
Recommendation for Improving Alpari Cashback Rebates
Some users have reported issues such as difficulty withdrawing funds and unresponsive customer support. Alpari could focus on improving these areas to enhance customer satisfaction. Additionally –
- ✅ Alpari could provide more information about the number of clients participating in their cashback rebates program. This could help potential clients decide whether to join the program.
- ✅ Alpari could consider expanding its services to regions where it currently does not operate, such as the United States, Japan, Canada, Australia, the European Union, and the United Kingdom.
Furthermore, there are reports of requotes occurring on Standard, Stock CFDs, and Micro accounts. Alpari could work on improving its execution policy to minimize these occurrences.
Our Verdict on Alpari
In our experience, Alpari has significantly impacted the Forex and CFD trading world, being among the top 100 brokers worldwide. The company has a substantial market share in countries like Ukraine, Turkey, Poland, Russia, and Uzbekistan and is also making strides in expanding across Africa and Europe.
Alpari offers a variety of deposit and withdrawal methods, including FasaPay, Latin American Solutions, Mexican Local Transfer, Egypt Local Transfer, Local Indian Solutions, Local Exchange Houses, African Local Solutions, Indonesian Local Transfer, and many more.
This wide range of options makes it convenient for traders from various regions to transact with Alpari.
Frequently Asked Questions
What are Forex Cashback Rebates?
Forex Cashback Rebates are an incentive Forex brokers, such as Alpari, offer their clients. The program allows traders to earn points for account deposits, trading, and other routine operations. These points can then be exchanged for discounts, refunds, or cash.
Is Alpari a Forex Rebate provider?
Yes, Alpari is a Forex Rebate provider. They offer a program called Alpari Cashback, which allows clients to earn and exchange points for real money.
This program provides various benefits like spread refunds of up to 20%, ECN commission refunds of up to 20%, deposit commission refunds of up to 50%, negative swap refunds of up to 40%, and improved conversion rates of up to 40%.
Does Alpari provide a Cashback Forex Contest?
No, Alpari does not currently offer a Cashback Forex Contest.
How does the Forex Cashback Rebate process work?
The Forex Cashback Rebate process with Alpari works by crediting ALP bonus points to clients for account deposits, trading, and other routine operations. These points can be exchanged for cash at 100 points = 1 USD.
The exact rate depends on the client’s status in the Alpari Cashback program, which ranges from Gold to VIP based on the cumulative balance across all your accounts.
Where can I find Alpari’s Cashback Forex Calendar?
Alpari does not have a Cashback Forex Calendar.
I’m an existing trader. How can I transfer my account to earn rebates via Alpari?
To transfer your existing trading account to Alpari and earn rebates, follow these steps: Open an account with Alpari and choose the appropriate account type. Next, contact Alpari’s customer support to initiate the transfer and provide the necessary documents. Lastly, fund your Alpari account once the transfer is approved and start trading to earn rebates based on their specific rebate program.
Can I use a Forex Rebate EA with Alpari?
Yes, you can use any trading strategies with Alpari, including EAs.
How many traders with Alpari use the Cashback Rebate feature?
Alpari has more than 2 million registered clients. However, it is not clear how many of these clients participate in the cashback rebates.
What are the maximum rebates I could earn with Alpari?
You can earn up to 20% back in the spread or commissions paid on forex trades.
Will my Alpari fees and spreads increase when I use the Cashback Rebate feature?
No, Alpari does not increase fees or spreads. Instead, the cashback rebate feature refunds the spreads and commissions you paid if you fulfill the required trading volume.
Why should I work through the SA Shares Cashback?
You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from Alpari. This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as Alpari to ensure you get the most back from your trading activities.