Regulators
FSC Mauritius, FSC Saint Vincent
Min. deposit
$5
Spread from
0.0 pips (Pro / ECN) / 0.4 pips (Standard MT4)
Max. leverage
Up to 1:1000 (offshore)
Platforms
MT4, MT5, Alpari Mobile
Founded
1998 · Port Louis, Mauritius
Alpari International review summary
Alpari International is one of the oldest retail FX brokers globally, founded in 1998 under the Alpari group (originally Russia-headquartered). After the dissolution of Alpari UK in 2015 following the Swiss franc shock, Alpari International consolidated under FSC Mauritius and FSC Saint Vincent regulation.
The brand retains strong recognition in MENA, Asia, and Africa — markets where retail traders prioritise high leverage and low minimum deposits over tier-1 regulatory oversight. The PAMM (Percentage Allocation Management Module) platform pioneered modern retail copy-trading and remains a key feature.
For traders accepting offshore regulation in exchange for 1:1000 leverage and $5 minimum deposits, Alpari is a credible long-standing option. EU + UK traders should not use Alpari — its EU operations ceased in 2015.
Where to trade
Alpari is suitable for offshore-tolerant MENA/Asia traders comfortable with FSC Mauritius/SVG regulation. Traders wanting any tier-1 oversight should look at Exness or Tickmill which combine offshore + EU/UK entities.
Alpari International — Frequently Asked Questions
Is Alpari International regulated and safe?
Alpari International is regulated by FSC Mauritius, FSC Saint Vincent, holds client funds in segregated accounts and operates under active financial-services licenses. Verify each license number on the regulator's official website before depositing.
Is Alpari International legit or a scam?
Alpari International is a legitimate, regulated broker — not a scam. It operates under oversight from FSC Mauritius, FSC Saint Vincent, which require segregated client funds and regular audits. Always confirm the specific entity and license that will hold your account, and avoid clone sites using a similar name.
What is the minimum deposit at Alpari International?
The minimum deposit at Alpari International is $5. Standard accounts accept this minimum; premium or professional tiers may require more.
How do I withdraw money from Alpari International?
Withdrawals from Alpari International are returned to your original funding method — card, bank transfer, e-wallet or crypto, depending on how you deposited. E-wallets and crypto are usually fastest; bank transfers take longest. Processing times and limits are set by Alpari International, so check its funding page for current details.
What fees and commissions does Alpari International charge?
Alpari International's main cost is the spread, starting from 0.0 pips (Pro / ECN) / 0.4 pips (Standard MT4). Raw/ECN accounts add a per-lot commission in exchange for a tighter spread. Also factor in overnight swap fees and any inactivity fee. Compare the all-in cost (spread + commission), not just the headline spread.
What are the typical spreads at Alpari International?
Spreads at Alpari International start from 0.0 pips (Pro / ECN) / 0.4 pips (Standard MT4), varying by account type, instrument, time of day and market volatility. Raw/ECN accounts add a commission on top of the tighter spread.
What account types does Alpari International offer?
Alpari International typically offers a standard (commission-free, slightly wider spread) account and a raw/ECN (tight spread plus commission) account, with a swap-free Islamic option where available. The minimum to open is $5, and platforms include MT4, MT5, Alpari Mobile.
What trading platforms does Alpari International offer?
Alpari International supports: MT4, MT5, Alpari Mobile. MT4/MT5 are the industry standards; cTrader suits ECN execution; proprietary platforms add broker-specific tools but less third-party compatibility.
What is the maximum leverage at Alpari International?
Maximum leverage at Alpari International is Up to 1:1000 (offshore). EU/UK retail clients are capped at 1:30 on major FX by ESMA rules regardless of broker policy; professional and offshore-entity clients can access higher leverage subject to qualification.
Does Alpari International offer a demo account?
Yes — Alpari International offers a free demo account with virtual funds, so you can test the platform and practise a strategy on live prices before depositing real money.
Who is Alpari International best suited for?
MENA + Asia + Africa retail traders comfortable with offshore regulation in exchange for high leverage + low deposits.
