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Alpari Review 2026

Forex BrokerMauritius
4.0Good
#66 RankedHow we rate

One of the world's oldest forex brokers founded in 1998, with 2 million+ clients in CIS and Asia, ECN/STP accounts, and PAMM investment services.

Founded 1998PAMM ServiceMulti-Regional

Min Deposit

$5

Spreads From

0.0 pips

Max Leverage

1:1000

Platforms

2

Overall Rating

4

Good

Regulated by SVGFSA (St Vincent)

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Operating since 1998
  • 2 million+ clients
  • PAMM investment service
  • Low $5 minimum deposit
  • Strong CIS market presence

Cons

  • Offshore regulation only
  • Not available in USA/UK/Canada
  • Less competitive outside CIS markets
Full Alpari Review

Alpari is one of the original online forex brokers, founded in Russia in 1998 and now operating from Saint Vincent and the Grenadines and Mauritius. With over 2 million registered clients, Alpari has a particularly dominant presence in the CIS region and is one of the most trusted broker names in Russia, Kazakhstan, and other former Soviet states.

The broker offers a comprehensive range of account types including Standard, ECN, and Pro ECN accounts alongside a Micro account for beginners. Alpari is also well known for its PAMM service, which allows investors to allocate funds to professional traders and earn a share of profits without trading themselves.

Alpari supports MetaTrader 4 and MetaTrader 5 across all account types. While the broker's global regulatory standing is offshore (SVGFSA and FSC Mauritius), it maintains a long track record and a large, loyal client base, particularly in markets where it has operated for over two decades.

Account Types
Most Popular

Standard

Min Deposit$5
Spreads1.2 pips

ECN

Min Deposit$500
Spreads0.4 pips
Commission$3/lot

Pro ECN

Min Deposit$5,000
Spreads0.0 pips
Commission$2.4/lot
ForexMetalsEnergiesIndicesCrypto

50+ currency pairs available for trading

Frequently Asked Questions

Alpari has been operating since 1998 with 2 million+ clients. It is regulated offshore by SVGFSA and FSC Mauritius.

Alpari's PAMM service lets investors allocate funds to professional traders who manage them on their behalf, earning a share of the profits.
Score Breakdown4.0/5
Trust & Safety
3.8/5

Regulation, fund safety, track record

Trading Conditions
4.1/5

Spreads, execution, leverage

Platforms & Tools
4.0/5

Platform quality, charting, features

Research & Education
3.9/5

Analysis, webinars, learning materials

Customer Service
4.0/5

Support quality, responsiveness

Mobile Trading
4.0/5

Mobile app quality, features

Quick Facts
Min Deposit
$5
Spreads From
0.0 pips
Max Leverage (Retail)
1:1000
Headquarters
Kingstown, St Vincent / Port Louis, Mauritius
Founded
1998
Currency Pairs
50+
Commission
From $2.4/lot (Pro ECN)
Withdrawal Time
1–2 business days

Regulators

SVGFSA (St Vincent)FSC (Mauritius)

Platforms

MetaTrader 4MetaTrader 5
Trading Platforms
MetaTrader 4MetaTrader 5
Regulation
  • SVGFSA (St Vincent)
  • FSC (Mauritius)
Not Available In
USAUKCanada
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