Written by ForexBrokers.com
In this head to head comparison of Exness vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Exness and Alpari are two online brokers that cater to forex traders, and they each have distinct regulatory standings. Founded in 2008, Exness holds two top-tier licenses, which means it is viewed as highly trusted in the industry. In contrast, Alpari, established in 1998, operates without any tier-1 licenses. This reflects in their Trust Scores from ForexBrokers.com where Exness is rated at 81, falling in the 'trusted' category, while Alpari scores 68, indicating a 'high risk' rating.
Neither Exness nor Alpari is publicly traded or operates as a bank, but their regulatory coverage differs significantly. Exness possesses three tier-2 licenses, giving it a broader regulatory umbrella, while Alpari lacks any tier-2 licenses. This disparity in licensing highlights Exness's commitment to regulatory compliance and provides potential traders with added confidence regarding its reliability compared to Alpari.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Year Founded | 2008 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When examining the commissions and fees of Exness and Alpari, Exness provides a varied range of account options, catering to different types of traders. With five primary account offerings, including two standard and three professional accounts, Exness offers flexibility. The commissions and spreads vary depending on the account type. For instance, the Zero Spread account comes with a $0.05 per trade commission and market execution, while the Raw account features a per-trade commission of up to $7 per round turn lot and lower spreads. The Standard Cent and Standard accounts offer higher spreads but are commission-free, with market execution provided for both. Exness earns a solid 4-star rating for its fees and commissions and is ranked #35 out of 63 brokers in this category by ForexBrokers.com.
In comparison, Alpari doesn't provide detailed average spread data; however, like Exness, it offers a variety of account types to accommodate different trading preferences. While specifics on commissions and spreads are less transparent for Alpari, both brokers share the same 4-star rating for fees and commissions, reflecting a commendable service offering. Alpari, however, ranks slightly lower than Exness, at #41 out of 63 brokers according to ForexBrokers.com.
Overall, Exness and Alpari provide competitive fees and commission structures, each with their own strengths in account features. Though Exness holds a slight edge in terms of ranking, both are recognized with a 4-star rating in the industry, making them strong contenders for traders focusing on cost-effectiveness and trading flexibility. Evaluating the account types and associated conditions at each broker will be key to finding the right match for your trading needs.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Minimum Deposit | $10 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When considering the variety of investment options offered, Exness and Alpari both provide opportunities for forex trading through CFDs or spot contracts. Exness stands out with a broader selection, providing 227 tradeable symbols compared to Alpari's 105. Within the realm of forex pairs, Exness again offers a wider range, featuring 96 pairs while Alpari offers 46. Both platforms allow for trading in cryptocurrency derivatives, yet neither offers the ability to purchase actual cryptocurrencies. Investors also have access to copy trading on both platforms, which can appeal to those looking to follow successful strategies.
While neither Exness nor Alpari provides exchange-traded securities on U.S. exchanges, Alpari offers trading opportunities on international exchanges, allowing a bit more diversification in investment choices. According to ForexBrokers.com, Exness receives a slightly higher rating for its range of investments at 3.5 stars and is ranked 55th out of 63 brokers in this category. Meanwhile, Alpari has a 3-star rating and a 63rd place rank. This indicates that while both brokers offer competitive services, Exness offers a more extensive range of investment opportunities for those prioritizing diversity in their trading portfolio.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 105 |
| Forex Pairs (Total) | 96 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Exness and Alpari both provide traders with a wide range of platforms and tools to facilitate trading. Each broker offers simulated trading with free virtual demo accounts, allowing users to practice and become familiar with the trading environment. Both brokers have developed proprietary platforms and provide support for popular trading platforms like MetaTrader 4 and MetaTrader 5. Users can trade using Windows-based desktop platforms or opt for the convenience of web-based platforms. Additionally, they both offer copy trading services but do not support third-party platforms like DupliTrade or ZuluTrade. A notable difference lies in their charting tools: Exness impresses with 87 drawing tools, whereas Alpari offers 15, though both allow trading directly from charts. For managing watch lists, both brokers provide the same number of columns for fields.
In terms of their overall rating for trading platforms and tools, both Exness and Alpari receive four out of five stars. However, a notable distinction is seen in their industry ranking, with Exness standing at #26 from 63 brokers according to ForexBrokers.com, while Alpari is positioned at #55. This reflects a differentiation in the user experience and satisfaction derived from their trading platforms and tools, even though the basics between the two seem quite similar. Regardless, both brokers equip traders with essential resources to engage effectively in the forex market.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Exness and Alpari offer mobile trading apps available for both iPhone and Android users. With features such as stock and forex price alerts and the ability to draw trendlines on charts, these apps cater well to traders on the go. Both apps provide real-time quotes in their watchlists, helping traders keep track of market movements efficiently. However, it's worth noting that neither provider offers syncing for watchlists between the mobile app and the online account, nor do they auto-save chart drawings, which might require some manual updates from users.
In terms of charting capabilities, Exness takes a slight edge by offering 35 technical studies compared to Alpari's 30, giving traders more resources to analyze trends. Both apps support multiple time frames, which is beneficial for traders looking to examine different market perspectives. Rated four out of five stars by mobile trading app users, Exness ranks 26th among 63 brokers, reflecting its better standing compared to Alpari's 56th position. While both apps have their strengths, Exness might be more appealing to traders looking for a broader range of technical tools.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering market research tools for online trading, Exness and Alpari offer distinct features. Exness provides daily market commentary, setting themselves apart from Alpari, which does not offer this service. Both brokers supply traders with forex news from leading sources like Bloomberg and Reuters, ensuring access to top-tier financial updates. When it comes to technical and fundamental analysis, Exness offers tools from Trading Central, while Alpari enhances their offering with Autochartist tools instead. For traders interested in understanding market sentiment, Exness provides a sentiment-based trading tool to help gauge market trends, a feature absent in Alpari's offerings. Both brokers offer economic calendars to keep traders informed of significant global news, but neither provides research tools from TipRanks or Acuity Trading.
Overall, Exness and Alpari are rated 3.5 and 3 stars out of five for their research features respectively. In a ranking of 63 brokers by ForexBrokers.com, Exness is placed at the 41st position, significantly ahead of Alpari, which stands at 57th. These rankings reflect the differences in their comprehensive research offerings, with Exness providing a more versatile suite of tools and resources that cater to the diverse needs of traders seeking to make informed decisions in the financial markets.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Exness and Alpari offer a solid foundation for learning about forex or CFD trading, each providing a wide variety of tutorials, videos, and articles. Exness stands out with its searchable archive of past client webinars, which can be a valuable tool for traders wanting to revisit and learn at their own pace. Moreover, Exness offers a collection of beginner-friendly videos that make it easier for newcomers to get up to speed with trading concepts. Alpari matches Exness by offering a library of more than ten beginner-focused videos and helpful resources like an investor dictionary with key investing terms, but lacks the advantage of a searchable webinar archive.
Neither Exness nor Alpari provides live monthly client webinars or advanced educational videos for seasoned traders. However, both brokers offer investor dictionaries that cover over 50 investing terms, making it easier for traders to understand complex trading language. In terms of overall educational offerings, Exness is rated slightly higher with a score of 3.5 out of five stars, while Alpari follows closely with three stars. According to rankings from ForexBrokers.com, Exness holds the 47th position in the education category out of 63 brokers, whereas Alpari is positioned 48th, reflecting their comparable offerings in this area.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Exness is better than Alpari. Exness finished with an overall rank of #43, while Alpari finished with an overall rank of #58.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 81 | 68 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Exness and Alpari do not provide the option to purchase actual, delivered cryptocurrency but do offer the ability to trade cryptocurrency derivatives.
Both Exness and Alpari provide similar options for depositing and withdrawing account funds, as neither offer ACH or SEPA transfers or PayPal, but both support Skrill, Visa or Mastercard, and bank wires.
Please note:
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Exness | Alpari | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 81 | 68 | |
| Winner | check_circle | ||
| Review | Exness Review |
| Broker Screenshots | Exness | Alpari | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | Exness | Alpari | |
|---|---|---|---|
| Trust Score | 81 | 68 | |
| Year Founded | 2008 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Exness | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Exness | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 105 | |
| Forex Pairs (Total) | 96 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Exness | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | Alpari | |
|---|---|---|---|
| Minimum Deposit | $10 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Exness | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Exness | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Exness | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Exness | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Exness Review |
| Overall | Exness | Alpari | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 81 | 68 | |
| Winner | check_circle | ||
| Review | Exness Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill