Written by ForexBrokers.com
In this head to head comparison of FXPrimus 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.
FXPrimus, established in 2009, and Alpari, founded in 1998, are both online forex brokers that cater to traders worldwide. Neither of the two is publicly traded or operates as a bank. When it comes to the level of trust, FXPrimus holds a slight advantage with a Trust Score of 71 out of 99 according to ForexBrokers.com, indicating an average risk compared to Alpari's score of 68, which suggests a high risk. FXPrimus also holds a Tier-1 license, making it a more secure choice than Alpari, which lacks any Tier-1 licenses.
While both brokers start with decades of experience in the trading sector, FXPrimus's regulatory standing may offer prospective clients peace of mind with its recognition by top-tier authorities. In contrast, Alpari falls short in this aspect, underscoring the importance of understanding a broker's regulatory framework when making investment choices. Despite their long-established presence in the market, these regulatory differences highlight where FXPrimus and Alpari stand in the realm of trader trust and safety.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Year Founded | 2009 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees at FXPrimus and Alpari is tricky because average spread data isn’t available for either broker. Without typical spread figures, it’s harder to pin down day-to-day trading costs, so you’ll want to look closely at each broker’s pricing details before you trade.
ForexBrokers.com rates both brokers 4 out of 5 stars for commissions and fees. In the Commissions and Fees category, Alpari is ranked #42 out of 63 brokers, while FXPrimus is close behind at #43. These scores suggest broadly similar pricing, with a slight edge to Alpari in the rankings.
Since average spreads aren’t published, consider other cost factors: account type and commission per lot, swap/overnight financing, and any non-trading fees such as deposits, withdrawals, or inactivity. Checking each broker’s live pricing pages and fee schedules can help you estimate your total trading costs more accurately.
| Feature |
FXPrimus
|
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 | 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.
Comparing the range of investments at FXPrimus and Alpari, both brokers let you trade forex as CFDs or spot and both support copy trading. FXPrimus lists more total instruments (about 140 vs Alpari’s 105), while Alpari edges ahead on forex pairs (46 vs FXPrimus’ 42). For stocks, neither broker offers U.S.-listed shares as actual exchange-traded securities, but Alpari does provide access to international exchange-traded shares, which FXPrimus does not. For crypto, neither broker offers actual coins, but both provide cryptocurrency derivatives.
Based on coverage alone, FXPrimus is better if you want a larger overall menu of symbols, while Alpari suits traders who want a few more currency pairs and the option to trade shares on international exchanges. Reflecting this, ForexBrokers.com rates FXPrimus 3.5/5 stars and Alpari 3/5 for Range of Investments, ranking them #60 and #64 respectively (out of 63 brokers evaluated).
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 105 |
| Forex Pairs (Total) | 42 | 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.
FXPrimus and Alpari stack up closely on trading platforms and tools. Both forex brokers offer free demo (paper) accounts, a proprietary platform, and the industry standards MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade via a Windows desktop download or a web-based platform with either broker. Copy trading is available at both, while third-party services DupliTrade and ZuluTrade are not supported.
On the tools side, each broker lets you trade directly from charts, includes 15 drawing tools, and provides watch lists with 7 fields. While the exact number of technical indicators isn’t listed, you’ll get the typical sets that come with MT4/MT5 and each broker’s own platform. According to ForexBrokers.com, both earn 4 stars for Trading Platforms and Tools, with FXPrimus ranked #50 out of 63 brokers and Alpari at #56. In short, they’re very similar, with FXPrimus holding a slight edge in the category ranking.
| Feature |
FXPrimus
|
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) | 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.
FXPrimus and Alpari both deliver capable mobile trading apps for iPhone and Android. Each app offers forex price alerts, real-time quote watchlists, 30 built-in technical studies, trendline drawing, and multiple chart time frames. One shared limitation is that watchlists created in the mobile app do not sync with the online account.
The biggest functional difference is chart annotations: FXPrimus auto-saves your drawings, while Alpari does not. Both earned 4 stars for Mobile Trading Apps, yet FXPrimus ranks higher overall (#49 of 63) than Alpari (#57 of 63). If saving chart markups matters to you—or you prefer a slightly higher-ranked app—FXPrimus has the edge; otherwise, the two are closely matched on core mobile features.
| Feature |
FXPrimus
|
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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FXPrimus vs Alpari for market research: FXPrimus publishes daily market commentary and offers an economic calendar. Alpari doesn’t post daily commentary, but it does integrate forex news from top-tier sources (such as Bloomberg/Reuters/Dow Jones) and includes Autochartist tools for technical pattern ideas, along with an economic calendar. Neither broker provides Trading Central analytics or a sentiment tool that shows long/short positioning.
Both brokers are rated 3 out of 5 stars for Research by ForexBrokers.com, with Alpari ranked #58 of 63 and FXPrimus at #59. Pick FXPrimus if you value frequent in-house commentary; choose Alpari if you want a news-fed research experience and Autochartist-powered insights. There’s no mention of TipRanks or Acuity Trading research for either broker.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | 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.
When considering the educational resources available for beginners, both FXPrimus and Alpari offer a solid foundation with over ten educational pieces focused on forex and CFDs. However, their approaches to online learning differ in key areas. FXPrimus conducts at least one live educational webinar each month and provides a searchable archive of recorded sessions, making it a practical choice for those who prefer live or on-demand learning experiences. On the other hand, Alpari does not offer these live sessions or archives but makes up for it by providing over ten instructional videos tailored to beginners, an advantage for those who wish to engage with content at their own pace.
Beginners looking for video-based learning will find Alpari appealing, particularly because it includes an investor dictionary with definitions of at least 50 investing terms, which is a helpful resource for grasping financial concepts. In contrast, FXPrimus does not offer an investor dictionary. While the educational offerings of both brokers have room for growth in advanced video content and other areas, they each earn a rating of three out of five stars for education, with FXPrimus ranking 51st and Alpari slightly ahead at 48th among 63 brokers evaluated by ForexBrokers.com.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXPrimus is better than Alpari. FXPrimus finished with an overall rank of #53, while Alpari finished with an overall rank of #58.
FXPRIMUS is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside, besides its lack of additional top-tier licenses, is that FXPRIMUS only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
| Feature |
FXPrimus
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Alpari
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| Trust Score | 71 | 68 |
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Both FXPrimus and Alpari do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both FXPrimus and Alpari provide similar options for depositing and withdrawing funds, as they do not support ACH, SEPA, or PayPal, but they do offer transactions through Skrill, Visa, 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.
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0 of 5| Overall Rating | FXPrimus | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXPrimus | Alpari | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | FXPrimus | Alpari | |
|---|---|---|---|
| Trust Score | 71 | 68 | |
| Year Founded | 2009 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | 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) | No | 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) | FXPrimus | 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 | FXPrimus | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 105 | |
| Forex Pairs (Total) | 42 | 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 | FXPrimus | 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 | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | 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 | FXPrimus | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | 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 | FXPrimus | 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 | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXPrimus | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | FXPrimus | 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 | FXPrimus | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
| Review |
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