Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro, established in 2006, stands out as a more trusted option compared to Alpari, which was founded in 1998. While both brokers are privately held and do not list on any stock exchange, FxPro operates as a bank, adding an extra layer of security. Alpari, on the other hand, is not a bank. When it comes to regulatory oversight, FxPro excels with two Tier-1 licenses, indicating a high level of trust, and one Tier-2 license. In contrast, Alpari holds neither Tier-1 nor Tier-2 licenses, which could be a concern for more risk-averse traders.
In terms of trust ratings, ForexBrokers.com gives FxPro an impressive Trust Score of 93 out of 99, signifying it as a highly trusted broker. Alpari's Trust Score is 68, reflecting a higher risk status. These ratings suggest that FxPro may offer a more secure trading environment, providing potential clients peace of mind in their investment choice and making it a preferable option for those prioritizing regulatory reliability.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Year Founded | 2006 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
FxPro and Alpari both earn 4 out of 5 stars for commissions and fees, yet their category rankings differ on ForexBrokers.com: FxPro is ranked #33 of 63, while Alpari sits at #42 of 63. FxPro’s pricing tends to be higher than the industry average, but it publishes detailed figures. By contrast, Alpari does not provide average spread data, making direct, apples-to-apples cost comparisons harder for everyday traders.
FxPro offers multiple pricing paths. On MT4 you can choose variable or fixed spreads, with instant execution (no slippage, possible requotes) or market execution (possible slippage, no requotes). Its floating EUR/USD spreads were about 1.58 pips on MT4 and 1.51 pips on MT5 for market execution, and 1.71 pips with instant execution (based on August 2020 data). FxPro’s cTrader account uses commission-based pricing, delivering an effective EUR/USD cost near 1.27 pips when combining a 0.37-pip average spread with a 0.9-pip commission-equivalent. Note: on cTrader there’s no minimum distance for stop/limit orders, while on MetaTrader platforms FxPro requires at least 1 pip—even on the Elite account. MT5 does not offer fixed spreads and only supports market execution. FxPro’s Elite/Active Trader program can cut costs by up to 30%, though overall pricing may still trail the cheapest rivals.
Alpari’s commissions-and-fees picture is less clear because average spread data isn’t available. That opacity makes it tougher to gauge your likely trading costs versus FxPro, which discloses specific spread and commission figures. If transparent pricing and platform-specific cost details matter to you, FxPro’s published data provides a clearer baseline; still, both brokers share the same 4-star rating, with FxPro ranked #33/63 and Alpari ranked #42/63 for this category.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing online brokers FxPro and Alpari on range of investments, both let you trade forex as CFDs or spot contracts. Each supports copy trading and offers cryptocurrency derivatives, but neither allows buying actual (delivered) crypto. Neither broker gives access to U.S.-listed stocks as real, exchange-traded shares; however, both provide exchange-traded securities on select international markets.
The big difference is scale. FxPro lists 2,249 tradeable symbols and 70 forex pairs, while Alpari offers 105 symbols and 46 pairs. That wider catalog helps FxPro earn 4 out of 5 stars for Range of Investments and rank #29 out of 63 brokers at ForexBrokers.com, compared with Alpari’s 3 stars and #64 ranking. If you want more markets and currency pairs in one account, FxPro has the edge; if you just need the essentials plus copy trading and crypto derivatives, Alpari covers that.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 105 |
| Forex Pairs (Total) | 70 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | 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.
FxPro vs Alpari: both brokers cover the key platform needs. Each offers a free demo (paper) account, a web-based platform, and a Windows desktop download. You can trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) at either broker, and both also provide a proprietary, in-house platform if you want a different feel. Copy trading is available with FxPro and Alpari, and each lets you place orders directly from the chart, which can make timing entries and exits easier.
When it comes to third-party evaluations, both brokers earned 4 out of 5 stars for Trading Platforms and Tools at ForexBrokers.com. However, FxPro ranked higher overall in the category—17th out of 63 brokers—while Alpari placed 56th. Bottom line: FxPro and Alpari deliver similar platform types and core tools (demo trading, MT4/MT5, web and desktop access, copy trading, and chart trading), with FxPro’s higher ranking potentially tipping the scales for platform-focused traders.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and Alpari both offer iPhone and Android apps, plus price alerts and real-time quote watchlists. Where they differ is in convenience and charting depth. FxPro syncs watchlists with your online account, while Alpari does not. FxPro’s mobile charts include 65 technical studies versus Alpari’s 30, and both let you draw trendlines. FxPro also auto-saves your chart drawings; Alpari does not.
For overall quality, FxPro earns 4.5 stars and ranks #15 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while Alpari holds 4 stars and ranks #57. If you want deeper chart tools and seamless watchlist syncing across devices, FxPro is the stronger choice. If you just need the basics with alerts on iOS and Android, Alpari can get the job done.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FxPro and Alpari both deliver market research, but their toolsets differ in useful ways. FxPro offers daily market commentary, premium forex news from sources like Bloomberg/Reuters/Dow Jones, Trading Central analytics, a sentiment tool showing long/short positioning, and an economic calendar. Alpari provides an economic calendar and the same top-tier news feed, plus Autochartist for trade ideas. However, Alpari does not offer daily commentary, Trading Central, or a sentiment tool. FxPro does not include TipRanks or Acuity Trading; for Alpari, TipRanks and Acuity Trading were not specified in the provided data.
According to ForexBrokers.com, FxPro earns 4 stars for Research and ranks 26th out of 63 brokers, while Alpari scores 3 stars and ranks 58th. Choose FxPro if you want daily commentary, Trading Central insights, and sentiment data alongside premium news; choose Alpari if Autochartist-driven ideas and an economic calendar paired with headline news fit your style.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FxPro vs Alpari for beginner education: both brokers offer at least 10 beginner‑focused video lessons to help new traders learn the basics. Neither broker runs monthly educational webinars, and neither reaches the bar of 10+ advanced videos for experienced traders. It’s not specified whether either provides a larger library of articles, a searchable archive of recorded webinars, or an investor dictionary with 50+ terms.
Independent ratings tilt in FxPro’s favor: FxPro earns 4 stars for Education and ranks #18 of 63 at ForexBrokers.com, while Alpari earns 3 stars and ranks #48. If you’re just starting out and prefer video-based forex and CFD education, both can help, but FxPro’s higher education score makes it the stronger pick for most beginners.
| Feature |
FxPro
|
Alpari
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than Alpari. FxPro finished with an overall rank of #21, while Alpari finished with an overall rank of #58.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Alpari
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 68 |
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Both FxPro and Alpari do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide the option to invest in cryptocurrency derivatives.
FxPro vs Alpari: For deposits and withdrawals, FxPro supports ACH/SEPA, PayPal, Skrill, and bank wire transfers, whereas Alpari offers Skrill and bank wire transfers only and does not support ACH/SEPA or PayPal.
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 | FxPro | Alpari | |
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| Trust Score | 93 | 68 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | Alpari | |
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| Regulation | FxPro | Alpari | |
|---|---|---|---|
| Trust Score | 93 | 68 | |
| Year Founded | 2006 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | 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) | FxPro | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FxPro | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 105 | |
| Forex Pairs (Total) | 70 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | 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 | FxPro | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FxPro | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FxPro | Alpari | |
|---|---|---|---|
| Proprietary Desktop Trading 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 |
| Trading Tools | FxPro | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FxPro | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Alpari | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | FxPro | Alpari | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| Review | FxPro Review |
| Overall | FxPro | Alpari | |
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| Trust Score | 93 | 68 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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