Spreadex vs Alpari Comparison
We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare Spreadex vs Alpari.
Can I trust Spreadex?
Spreadex is not publicly traded and does not operate a bank. Spreadex is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Spreadex is authorised by the following Tier-1 regulator: Financial Conduct Authority (FCA).
Can I trust Alpari?
Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).
Is Spreadex good?
SpreadEx is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. SpreadEx still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
Is Alpari good?
Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.
What is the minimum deposit requirement for opening an account with Spreadex?
To open a trading account with Spreadex, you'll need to make an initial minimum deposit of $0.
What is the minimum deposit requirement for opening an account with Alpari?
Alpari requires a minimum deposit of $20 before you can open an account and start trading.
What funding options does each broker offer?
It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Spreadex offers Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw) for banking, whereas Alpari provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).
Does Spreadex or Alpari offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Spreadex offers better pricing overall for traders.
Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.
Is Spreadex or Alpari safer for forex and CFDs trading?
At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Spreadex holds 1 global Tier-1 licenses, while Alpari holds 0. Both Spreadex and Alpari hold 0 global Tier-2 licenses.
After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Spreadex (71) earned a higher Trust Score than Alpari (68).
Which trading platform is better: Spreadex or Alpari?
To compare the trading platforms of both Spreadex and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Spreadex offers a better experience. With research, Spreadex offers superior market research. Finally, we found Spreadex to provide better mobile trading apps.
Here’s what trading platforms are available at Spreadex:
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - No
- MT5 - No
- ZuluTrade - No
- TradingView - Yes
Here’s what trading platforms are available at Alpari:
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - Yes
- MT5 - Yes
- ZuluTrade - No
- TradingView - No
What about MetaTrader? How about copy trading?
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Alpari offers MetaTrader 4 (MT4), while Spreadex does not. Forex traders also appreciate the ability to engage in social copy trading. While Alpari offers copy trading, Spreadex does not.
What can I trade with each broker?
Spreadex provides traders 52 currency pairs (e.g., EUR/USD) compared to Alpari's 46 available pairs. If you are interested in trading a full range of securities, Spreadex offers traders access to 10000 tradeable symbols, while Alpari offers access to 105 tradeable symbols; so Spreadex offers 9895 more tradeable symbols than Alpari.
We found in our testing that Spreadex offers a more diverse selection of investment options than Alpari, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Spread Betting. Neither have Cryptocurrency (Physical).
Overall winner: Spreadex
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.