Written by ForexBrokers.com
In this head to head comparison of FXOpen 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.
FXOpen and Alpari are both well-established online brokers, with FXOpen founded in 2003 and Alpari in 1998. Neither of these brokers is publicly traded or operates as a bank. When it comes to regulatory credentials, FXOpen stands out with two Tier-1 licenses, earning a Trust Score of 76 from ForexBrokers.com—indicating an average risk. In contrast, Alpari does not hold any Tier-1 or Tier-2 licenses, contributing to its Trust Score of 68, which suggests it carries a high-risk rating.
Overall, FXOpen offers more assurance to its clients through its regulatory oversight, making it the more reliable choice for those who prioritize broker trustworthiness. While both brokers do not operate banks or appear on stock exchanges, the difference in their licensing and regulatory standing is essential for potential clients to consider when making a decision.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Year Founded | 2003 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing FXOpen and Alpari on commissions and fees is tricky because average spread data isn’t available for either broker. Without those figures, it’s harder to gauge typical trading costs at a glance, so you’ll need to rely on live quotes and each broker’s stated commission policies for your chosen account type and instruments.
FXOpen is rated 4 out of 5 stars for commissions and fees and ranks #45 out of 63 brokers on ForexBrokers.com. Alpari is also rated 4 out of 5 stars, with a slightly better ranking at #42 out of 63.
Since spread data isn’t published, compare overall costs by checking live spreads during your trading hours, any per-trade or per-lot commissions, swap/overnight rates, and non-trading fees such as deposits, withdrawals, or inactivity. This will help you identify which broker is likely cheaper for your specific strategy.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $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 | Yes | 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.
Comparing FXOpen and Alpari for range of investments, Alpari lists 105 tradeable symbols and 46 forex pairs, while FXOpen offers 87 symbols and 25 pairs. Both brokers let you trade forex as CFDs or spot and both support copy trading. Neither broker lets you buy actual cryptocurrency, but each offers crypto derivatives so you can trade price movements without owning coins.
When it comes to shares, neither broker offers U.S.-listed exchange-traded stocks. Alpari does provide access to certain international exchange-traded shares (such as Vodafone on the London Stock Exchange), whereas FXOpen does not. For Range of Investments, ForexBrokers.com rates both at 3 out of 5 stars, with FXOpen ranked 63rd and Alpari 64th.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 87 | 105 |
| Forex Pairs (Total) | 25 | 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). |
Dive deeper: Best Copy Trading Platforms.
FXOpen and Alpari both check key boxes for trading platforms and tools: each offers a free demo account, Windows desktop and web-based platforms, and access to MetaTrader 4 and MetaTrader 5. You can trade directly from charts and set up watch lists with seven fields at either broker, and each provides 15 drawing tools for charting. For copy trading, both have options, but FXOpen adds ZuluTrade while Alpari does not. Another difference is platform choice: Alpari includes a proprietary, in-house platform, whereas FXOpen relies on third-party platforms only.
In terms of recognition, both scored 4 out of 5 stars for Trading Platforms and Tools, with FXOpen ranked slightly higher (#54 of 63) than Alpari (#56 of 63) by ForexBrokers.com. If you want ZuluTrade and a straightforward MetaTrader experience, FXOpen is a fit. If you prefer having a broker-built platform alongside MetaTrader, Alpari may suit you. Either way, you can test strategies risk-free with a demo account before going live.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXOpen and Alpari both deliver full mobile access for traders on the go, with dedicated iPhone and Android apps. Each app supports price alerts for stocks or forex, plus real-time quotes in customizable watchlists. One limitation to note: neither broker syncs watchlists between the mobile app and your online account, so changes made in one place won’t appear in the other.
Charting tools are closely matched. Both apps include 30 technical studies, let you draw trendlines, and switch among multiple time frames, though drawings do not auto-save. In terms of user feedback, both FXOpen and Alpari earn 4 stars for their mobile trading apps. According to ForexBrokers.com, FXOpen ranks slightly higher at #55 out of 63 brokers, while Alpari sits at #57.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 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.
Comparing FXOpen vs Alpari for market research: FXOpen offers daily market commentary, while Alpari does not. Both brokers stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones and include an economic calendar for upcoming events. Alpari stands out with Autochartist tools for technical or fundamental analysis, which FXOpen lacks. Neither broker lists Trading Central tools or a sentiment gauge showing long/short positioning. We found no clear mention of TipRanks or Acuity Trading integrations for either broker.
In independent ratings, both FXOpen and Alpari earn 3 out of 5 stars for Research. Alpari ranks higher overall in the category (58th) compared with FXOpen (64th). If you value daily market analysis, FXOpen is the better pick; if you want Autochartist-powered ideas, Alpari has the edge. Both are solid for mainstream forex news and an easy-to-use economic calendar.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For forex and CFD education aimed at beginners, Alpari has the larger content library: it offers at least 10 educational pieces and at least 10 beginner-focused videos. FXOpen does not meet those minimums. Neither broker hosts monthly educational webinars or keeps a searchable archive of past sessions, and neither provides 10 or more advanced videos. Both brokers do offer an investor dictionary with 50+ terms, which can help newcomers learn trading vocabulary.
In independent evaluations by ForexBrokers.com, both FXOpen and Alpari earn 3 out of 5 stars for Education, but Alpari ranks higher overall (#48 of 63) than FXOpen (#59 of 63). If you want a broader set of beginner lessons and videos, Alpari holds the edge. If you mainly need a glossary and plan to learn at your own pace without webinars, either broker’s dictionary can help—but traders seeking frequent webinars or deep advanced video series may need to look elsewhere.
| Feature |
FXOpen
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | 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 FXOpen is better than Alpari. FXOpen finished with an overall rank of #54, while Alpari finished with an overall rank of #58.
FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.
| Feature |
FXOpen
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 76 | 68 |
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Both FXOpen and Alpari do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
FXOpen and Alpari both lack ACH and SEPA transfer options, as well as PayPal, for account funding and withdrawals; however, they both support Skrill, Visa, Mastercard, and bank wire transfers for these transactions.
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.
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0 of 5| Overall Rating | FXOpen | Alpari | |
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| Trust Score | 76 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXOpen | Alpari | |
|---|---|---|---|
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| Regulation | FXOpen | Alpari | |
|---|---|---|---|
| Trust Score | 76 | 68 | |
| Year Founded | 2003 | 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 | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXOpen | 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) | |||
| 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) | FXOpen | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FXOpen | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 87 | 105 | |
| Forex Pairs (Total) | 25 | 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). |
| Cost | FXOpen | 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 | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXOpen | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | FXOpen | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | No |
| Trading Tools | FXOpen | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXOpen | 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 | 30 | 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 | FXOpen | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXOpen | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FXOpen | 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 |
| Overall | FXOpen | Alpari | |
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| Trust Score | 76 | 68 | |
| Winner | check_circle | ||
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