Alpari vs ATFX 2023

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).

ATFX is not publicly traded and does not operate a bank. ATFX is authorised by two tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). ATFX is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and the European Union via MiFID

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.

ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.

To open a forex trading account with Alpari, you'll need to make an initial minimum deposit of $20.

Alpari requires a minimum deposit of $500 before you can open an account and start trading forex.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Alpari and ATFX offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw)

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 Alpari 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.

At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most 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 ATFX holds 2 global Tier-1 licenses, while Alpari holds 0. Both Alpari and ATFX 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 Alpari (68) earned a higher Trust Score than ATFX (67).

To compare the trading platforms of both Alpari and ATFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Alpari offers a better experience. With research, ATFX offers superior market research. Finally, we found Alpari to provide better mobile trading apps.

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

Here’s what trading platforms are available at ATFX:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Alpari and ATFX offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Alpari and ATFX both offer copy trading.

Alpari provides traders 46 currency pairs (e.g., EUR/USD) compared to ATFX's 44 available pairs. If you are interested in trading CFDs, ATFX offers traders access to 150 CFDs, while Alpari offers access to 105 CFDs; so ATFX offers 45 more CFDs than Alpari.

We found in our testing that Alpari offers a more diverse selection of investment options than ATFX, allowing you to trade Forex Trading (Spot or CFDs), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical).