TeleTrade vs Alpari Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare TeleTrade vs Alpari.
Does TeleTrade or Alpari offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Alpari offers better pricing overall for traders.
Is TeleTrade or Alpari safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. TeleTrade holds 1 global Tier-1 licenses, while Alpari holds 0. Both TeleTrade and Alpari hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, TeleTrade (71) earned a higher Trust Score than Alpari (68).
Which trading platform is better: TeleTrade or Alpari?
To compare the trading platforms of both TeleTrade and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TeleTrade offers a better experience. With research, TeleTrade offers superior market research. Finally, we found TeleTrade to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both TeleTrade and Alpari offer MetaTrader 4 (MT4).TeleTrade and Alpari both offer copy trading.
How many forex pairs and CFDs are available to trade?
TeleTrade provides traders 61 currency pairs (e.g., EUR/USD) compared to Alpari's 46 available pairs. Forex pairs aside, TeleTrade offers traders access to 500 CFDs while Alpari has 105 available CFDs, a difference of 395.
Can I trust TeleTrade?
TeleTrade is not publicly traded and does not operate a bank. TeleTrade is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulator (Average Risk), and zero Tier-4 regulators (High Risk). TeleTrade is authorised by the following tier-1 regulator: European Union Authorized (MiFID).
Can I trust Alpari?
Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).
Is TeleTrade good?
TeleTrade was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Teletrade has a lower Trust Score than more established forex brokers.
Is Alpari good?
Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.
Overall winner: TeleTrade
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We review each brokerโs overall global offering โ a โYesโ 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.