Review Score
Platform
Pricing
Customer service
Features

Alpari UK

Minimum deposit ($)
200.0
Commission
0.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
100.0
Spread
Variable
Broker type
ECN
Maximal leverage (1:?)
500
Phone
+44 (0) 207 426 2890
Fax
+44 (0) 20 7426 2949
Availability
Phone, Chat, Email
Address
201 Bishopsgate, London EC2M 3AB
Regulation
FCA (UK)
Trading Platforms
MetaTrader 4, MetaTrader 5
Funding/Withdrawal methods
Wire Transfer, Moneybookers, Neteller
Account Currency
USD, GBP, EUR, CHF, SGD, ZAR, AUD
Languages
English, German, Japanese, Chinese, Arabic
Country
United Kingdom
International offices
Germany, India, Russia
Trading platform(s) timezone
(GMT) Western Europe Time, London, Lisbon, Casablanca
Other trading instruments
Futures, Spread Betting, CFDs
Alpari UK User Reviews
Alpari UK User Reviews
pipinvestment1
Member Since Aug 14, 2010   219 posts
Nov 13, 2010 at 04:09 (edited Nov 13, 2010 at 04:12)
https://www.myfxbook.com/portfolio/alpariuk/59599

This account was linked to my Bridge for a short time frame and this account missed many scalps from Requotes. GoMarkets Outperformed Alpari with better spreads and Gomarkets never experienced a missed trade from the requotes.

Requotes On Micro Accounts. The Alpari PRO is the only account worth using if execution matters.
Member Since Jan 22, 2010   1 posts
Nov 09, 2010 at 13:41
you want to loose your fx trading account, then any market maker like alpari is best choice
Member Since Jan 04, 2010   43 posts
Jul 22, 2010 at 13:37
alpari is good , thats all i have to say.
Member Since Feb 06, 2010   24 posts
Jun 17, 2010 at 16:50 (edited Jun 17, 2010 at 16:53)
Naughty naughty, your a very naughty boy! - https://www.fsa.gov.uk/pubs/final/alpari.pdf

I read it all so you don't have to! Essentially over a 2 year period they did not adequately carry-out due diligence with all their customers from high risk nations like Nigeria as a result they failed to meet FSA regulations as a broker and thus;

'Alpari’s failings in the relevant period are viewed as being serious as they exposed Alpari UK to the risk of being used to facilitate financial crime.'

They were fined £200,000 and paid £140,000 a 30% discount for paying early!
Member Since Mar 21, 2010   68 posts
May 03, 2010 at 21:11
Guys I hate to tell you this but the demo feed is never the same as the live feed. It's impossible.

Having said that has anyone looked into this 'Swiss' broker MigBank. From the outside it looks like it might be a good one as far as keeping funds safe, the spreads are high. They do have a strong media presence advertise on Bloomberg etc.
thanks
randy
Member Since Dec 28, 2009   60 posts
May 03, 2010 at 20:28
its not just is wider.. i told you they re all crap..
dukas seems fair..
Member Since Mar 11, 2010   25 posts
May 03, 2010 at 19:57
Once Dukascopy MT4 is fully in operational ,its the best broker that one should open an account with.As regards Alpari,the demo feeds is not the same with live feeds,the spread is very tight on demo while on live account is wider.Thats not good at all.
Member Since Dec 28, 2009   60 posts
May 03, 2010 at 19:45
when i feel more confident i will open with dukascopy ..
alpari,fxpro, fxcm ..all the same....
Member Since Dec 28, 2009   60 posts
Mar 08, 2010 at 22:31
yep 1.5 % ... kinda thieves 🙃
Member Since Mar 06, 2010   2 posts
Mar 08, 2010 at 16:03
when we use credit card, take some costs.
It was no fee last year. It's a pity.
adhi_pradana
Member Since Feb 20, 2010   1 posts
Feb 20, 2010 at 16:23
One of my best broker ! !
Member Since Feb 10, 2010   1 posts
Feb 10, 2010 at 17:44
Hi,

I tried a demo acc and now i've got a real acc

As a lot of brokers, they propose MT4 - GOOD 😄

There is a lot of Requoting - RIDICULOUS 😡

Execution of order takes somtinme more then 10 SECONDES - SO UNPROFESSIONAL 😂

The spreads are decent - GOOD 😐

Open an acc and ithdraw money is easy - GOOD 😄

I'll stay with them because i don't do scalping but otherwise that would not be possible to stay... 😐

Tom
Member Since Dec 25, 2009   11 posts
Dec 26, 2009 at 13:23
Trading with Alpari UK for almost a year now and so far so good. 😉
Member Since Oct 30, 2009   7 posts
Dec 07, 2009 at 19:15
I opened an Alpari Uk account because the person who's signals i follow also uses Alpari. However, he uses Alpari US and what i did not know at the time is that they are actually both setup as different companies and so spread sizes vary and because they use different banks (Alpari Uk uses Barclays, Deutsche Bank among others, while Alpari US uses banks on their side of the pond) crucially for me the price feed is quite different from one another. Of course neither is Alpari's fault - although the same name they are set up as different entities and that's just how it is - it was therefore purely my presumption that it would all be the same, so, i say this for what's its worth to someone that might otherwise make the same assumption as me.

The reason I chose Alpari UK was that as a uk resident i figured it would just be easier to fund and withdraw money. I like to avoid Bank transfer fees and the time involved with this process and therefore prefer and look for UK-based brokers. So, initially funding was easy and quick with a debit card and the money resurfaced in my trading account within a couple hours at most. This is very important to me and can be crucial even- the ability to add funds quickly at a whim, either to protect margin call, or so as to be able to re-enter a trade at a new better level.

Unfortunately, lately there was an issue where they were fixing their debit/credit card payment system and they did not accept payment by those methods. This was an inconvenience i was willing to accept over the weekend or for a day, but in fact it has carried on for several weeks. Yes, weeks! several of them! What is more no one was able to even say when this would be finished and no date was given. Only now as of writing have i been told that they are looking to have the issue concluded in 2 weeks time. This has meant that i've had to transfer funds via bank transfer and although because both banks are in the uk there were no fees involved, it did mean waiting 4 working banking days. Ok, this might be a one-off disruption of service and irrelevant to users after and once this is settled but it lacked imagination and care to ask their customers to bear this for so long.
Finally, the only other thing that bothers me about Apari UK is that all their staff all seem to be French? I have nothing against France, which is one of my favourite countries and i speak french too, but i do find it odd that when i call in with a technical query or otherwise to Alpari UK, i always get someone with a heavy french accent. If they have that many French clients then why not have a number people can press on the switchboard, to get through to them? but as an english-speaking person to feel you're talking to a french person who is doing their best to speak to you in english lacks a certain clarity. It can be a real barrier. Maybe not a biggie, but it annoys me a little...
They do have these promotions but the amount of lots required to trade to qualify to receive them means they are meaningless carrots. I'd prefer to see real incentives and bonuses given without qualification.
As far as execution is concerned, sometimes requotes are required even though like everyone they claim instant execution, so, as expected even if it is frustrating when it happens, but that is true with most brokers i think.
Overall, i see nothing special about Alpari... very run of the mill broker - not the worst but not the best either, imho.
Member Since Aug 20, 2009   266 posts
Sep 26, 2009 at 07:01
I used Alpari for a while. They are not suitable for scalping the Asian session and that is why I left.

It is easy to open an account with them, they process your deposit quickly and they refund your funds quickly enough as well. They allow microlots(0.01) and offer good leverage.

I have yet to see a broker that does not widen spreads during the Asian session, so I cannot fault them for this. I have learnt the hard way thay scalping is an ECN/STP game and it takes an exceptional strategy to succeed at a market maker. This is a trading fundamental rather than a shortcoming with Alpari.

Given the purported size of the broker, I think that their trade instruments are somewhat limited.

My overall finding is that Alpari is one of the better bucketshops out there and if some-one is just starting out and if you are trading longer term strategies, then Alpari is ok.
Member Since Sep 09, 2009   1 posts
Sep 26, 2009 at 02:49
alpari is suck. their spread widen in asian market since the new floating spread applied on aug 19. The spread will kill ea even trade eurusd. Mostly the spread ranges between 44-150 (4.4-15 pips away!!!). Stay away from alpari and move to JadeFX or another pure STP/ECN broker.
Member Since Sep 09, 2009   71 posts
Sep 14, 2009 at 18:43
this broker tends to increase spread during asian time already compared to last time probably denying/reducing trades from EA <img src='' alt='😞'/>
Member Since Sep 11, 2009   4 posts
Sep 12, 2009 at 13:50
I don't know you, but I like this broker, withdrawals are fast, customer service are good, and very strict to open an account, which is good and spreads sometime are very large. Recommended!
4xeuro
Member Since Aug 13, 2009   45 posts
Aug 13, 2009 at 18:43
best thing i like about alpari is they are having offices in many countries it makes easy to approach them
Alpari UK User Reviews

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