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Alpari vs FxPro 2019

Is Alpari better than FxPro? After scoring forex brokers on nearly 100 different variables, FxPro is better than Alpari. With regulatory licenses across the globe, competitive pricing, reliable customer service, and a full platform lineup including MT4, MT5, and cTrader, FxPro’s only notable weakness is its offering of forex market research tools.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Alpari FxPro
Overall 3.5 4
Alpari Review FxPro Review
74-89% of retail CFD accounts lose money 79% of retail CFD accounts lose money

Regulation

Feature Alpari FxPro
Trust Score 69 90
Year Founded
1998 2006
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
0 1
Tier-2 Licenses
0 3
Tier-3 Licenses
1 1
Authorised in the European Union
No Yes

Tier-1 Licenses

Feature Alpari FxPro
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No Yes
CFTC Registered (USA)
No No

Investments

Feature Alpari FxPro
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
48 69
CFDs - Total Offered
16 201
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3 3
Winner check_circle

Cost

Feature Alpari FxPro
Average Spread EUR/USD - Standard
0.92 1.2 (as of Oct 18)
All-in Cost EUR/USD - Active
0.82 1.35 (as of Oct 18)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 4
Winner check_circle

Funding

Feature Alpari FxPro
Minimum Initial Deposit
$100.00 $100.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Alpari FxPro
Proprietary Platform
No No
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 Yes

Trading Tools

Feature Alpari FxPro
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3 4
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Mobile Trading

Feature Alpari FxPro
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3.5 3.5
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Research

Feature Alpari FxPro
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
Yes Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 3.5 3
Winner check_circle

Education

Feature Alpari FxPro
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes Yes
Education 3 3.5
Winner check_circle

Major Forex Pairs

Feature Alpari FxPro
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

Overall

Feature Alpari FxPro
Alpari Review FxPro Review
Overall 3.5 4
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Alpari vs FxPro.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Both Alpari and FxPro hold a 4.00 star rating.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. FxPro is regulated in a major hub, Alpari isn't. Neither are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. FxPro boasts an offering of 70 different currency pairs compared to Alpari's 48 available pairs.

To round out our comparison of Alpari vs FxPro, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Alpari and FxPro both offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both brokers offer clients access to the same number of charting tools, 31. Both Alpari and FxPro provide clients with access to 51 total indicators (eg, moving averages).

Alpari Review
FxPro Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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