Among traders, it is difficult to find someone who has not heard of the Alpari broker. This is not surprising at all, considering its presence in the market for over 20 years and universal recognition from both industry experts and numerous clients.
During its existence, Alpari has been repeatedly awarded the title of the largest forex broker, in particular due to its high-quality trading platform, high level of customer service and reliability.
Today Alpari offers users to independently trade in foreign exchange, commodity, stock and other markets through classic instruments, and also provides an opportunity to invest in PAMM accounts managed by professional traders.
- What is Alpari
- Registration at Alpari
- Login to Your Alpari Account
- How to Trade On Alpari
- Deposit and Withdrawal of Funds
- Additional Alpari Functions
- Reviews About Alpari
What is Alpari
Alpari is one of the oldest brokerage companies in the CIS. Founded in 1998 in Kazan. In the first years of her work, she entered the TOP-10 rating of the largest forex brokers in the world, subsequently often occupying leading positions in it.
Alpari calls its mission to provide access to global financial markets for all categories of the population and increase its financial literacy. Now the Alpari broker works with more than 1 million users from 150 countries of the world (except for the CIS, it is especially popular in the USA, Great Britain, UAE, Germany, India).
In December 2018, the Central Bank of the Russian Federation revoked the license of Alpari Forex LLC, which was the broker's official representative in Russia. But Russians can still use its services through the international site alpari.com.
The head office of Alpari Limited is registered on the territory of the island state of Saint Vincent and the Grenadines. The broker is regulated by several world-class financial institutions at once. First of all, these are the Financial Supervisory Authority (FSA) of Saint Vincent and the Grenadines, as well as the International Financial Services Commission (IFSC) of Belize.
Official website of the forex broker Alpari.
Registration at Alpari
How to register on Alpari:
- Go to the Alpari website and click the "Register" button.
- Fill in all the required registration data.
- Verify mail or phone number.
- Specify a password to enter your personal account.
We will consider this process in more detail below.
The interface of the Alpari website is presented in 11 different languages, you can choose any convenient option before registering through the drop-down menu with a globe.
In the next window, you will need to indicate the country and city of residence, as well as the actual citizenship of the registering user.
To complete registration, you need to enter a confirmation code, which can be received on the specified phone number or email (optional).
Login to Your Alpari Account
To login your Alpari personal account, you need to follow a few simple steps:
- Go to the broker's website.
- Click the login button.
- Enter your username and password.
We will consider the process of logging into an Alpari account in more detail below.
If we are talking about a login to the site immediately after registration, then it happens automatically after the completion of the last stage (confirmation by mail or phone).
If you wish, you can skip this step and continue using the password that was automatically generated by the system and sent to the user by email immediately after registration.
In all other cases, the entrance to Alpari is initiated by clicking on the little man icon next to the registration button.
In the form that opens after this, you need to enter the email (specified when creating the account) or the account number and the corresponding password. There you can also check the "Remember me" option so that when you log in again on the same device, the authorization step is skipped.
If two-factor authentication was enabled in the security settings, after the login and password there will be another window in which you need to enter the 2FA code sent by the system as an SMS to your phone.
After these actions, the personal account of the Alpari user is loaded, which is divided into several functional zones:
- opening accounts;
- login and withdrawal of funds;
- list of accounts and investment transactions;
- section on bonuses and promotions;
- platforms and applications for interacting with Alpari.
How to Trade On Alpari
How to trade on Alpari:
- Choose a trading terminal and open an account for it.
- Enter the terminal.
- Select an asset for the transaction.
- Issue and confirm orders.
Now let's take a look at the trading process in detail. First of all, you should pay attention to the fact that three main platforms are used for trading through Alpari:
The first two options are available for installation on PC (Windows), Android and iOS, as well as in the web version. Fix-Contracts exists only as an online terminal and a mobile application.
To create an account, you can use the corresponding functions of the sidebar or the buttons in the drop-down menu in the footer of the Alpari website.
In the next window, you need to select:
- Trading platform - Forex assets, metals and indices or binary options Fix-Contracts;
- Account type - real or demo;
- One of the available options for the account type - standard.mt4, nano.mt4, etc. (if you select on the right, trading conditions for each of them will be displayed);
Of course, beginners are advised to first try their hand at trading on an Alpari demo account and only then move on to transactions with real funds.
After creating an account, the information required to access it through the terminal (login, password, server, etc.) will be displayed. Now, to go directly to trading, you need to decide on the variation of the trading platform: web, mobile or computer application.
Trading On Alpari MetaTrader
Let's consider forex trading using the example of the MetaTrader 5 terminal for PC. Downloading the installation file is initiated through the appropriate sections on the side or bottom horizontal panel.
The program is installed in one click and is ready for use in 1-2 minutes. After launching it, you need to enter the username / password received after creating a trading account and select a server.
For those who are familiar with trading cryptocurrencies through exchange interfaces, the contents of the loaded window of the Alpari MT5 terminal will seem quite familiar, perhaps slightly outdated. The main space here is occupied by the following zones:
- List of assets available for trading;
- Depth of orders;
- Navigation menu for adding indicators and scripts to the chart;
- Toolbar with tabs for active orders, transaction history, calendar of important events, etc.
All these elements, if desired, move freely to different parts of the terminal window. If after the first launch of the terminal some of them are missing, enable the ones you need through the "View" menu.
Charts can be closed and new ones can be “pulled out” through the context menu called by right-clicking on any asset in the list. At the same time, the number of windows with charts is not limited, and indicators are added to them.
To buy or sell an asset, use the corresponding functionality under the order book (Buy / Sell buttons) or the F9 key on the keyboard, which calls a separate window for placing an order.
When a trade is opened, its type (by market, exchange execution, etc.) and volume (number of lots), as well as stop loss and take profit values (in points from the purchase price) are indicated.
If you leave these fields blank, you will have to manually manage the closing of the deal.
All open orders are displayed on the "Assets" tab of the lower panel. Below their list are the final data on balance, margin, liabilities and the total amount that will be received after all transactions are closed.
Having familiarized yourself with the interface and basic functions of the MT5 terminal, you can start trading using your own strategies or following the advice from Alpari's training and analytics sections.
Binary Options Trades in Alpari Fix-Contracts
Trading with this platform is as easy as trading with any other binary options broker. You can call the Fix-Contracts web terminal window through the lower personal account on the Alpari website by choosing real or demo trading.
In the window that opens after this, you need to select an asset from the available options in the list on the left, set the execution time (above the chart) and the contract amount (on the right). Then it remains only to press "BUY" or "SELL" to select the estimated direction of movement of the asset rate.
At this point, the trader's participation in the fate of the deal opened in Alpari Fix-Contracts ends and after its expiration one of two events will occur - the accrual of remuneration (if the trader made the correct prediction) or the liquidation of the invested funds.
In addition to binary contracts with a choice of the direction of the rate, Alpari offers options "one touch", "range", "spread", "express" and "turbo".
Deposit and Withdrawal of Funds
Alpari supports over 30 ways to deposit funds, which can be divided into categories:
- Bank transfers;
- Payment by card (Visa, Mastercard, Maestro, Visa Electron);
- Mobile banking;
- Deposit through the salons of mobile operators;
- Popular payment systems (Neteller, Skrill, Perfect-money, AdvCash);
- Cryptocurrencies (Bitcoin, Ethereum, Litecoin and Zcash).
There are slightly fewer withdrawal options in some categories. For example, if on a card, then only Visa or Mastercard. And you cannot withdraw to cryptocurrency wallets at all.
To deposit the user's account on the Alpari website in the Personal Account, press the button of the same name.
Also, the function of depositing funds is present in the side menu, in which you can immediately select the appropriate payment channel.
Next, a window will open with a choice of the method of replenishment and the account to which you want to deposit funds.
At the next stage, the amount of the transfer is indicated, as well as the series / number of the passport and the date of birth, if this has not been done earlier in the settings of the Alpari user profile.The size of the commission charged by the broker for processing the transaction is also indicated here.
Then you need to confirm the correctness of the information entered and, if everything is correct, click the "Transfer funds" button.
This will open the window of the payment channel corresponding to the selected input method. In our example, this is the wallet address to which a specific amount of BTC must be sent to successfully complete the deposit operation.
If all instructions are followed correctly, the funds will appear on the user's balance immediately after the transaction is processed by the system. In the case of Bitcoin, this is 6 network confirmations (20-60 minutes).
To make an application for withdrawing money from the Alpari website, click "Withdraw funds" in the side menu and select one of the available payment channels. For example, to a Visa bank card.
Then you will need to indicate from which account the withdrawal is made and, if necessary, you can change the path of funds transfer.
In the next window, you need to specify the withdrawal amount and card number. It also displays the size of the commission and the current conversion rate (if the currency of the account and card is different).
At the last step, the user checks the correctness of the entered data and confirms the transfer of funds. According to the regulations, withdrawal requests are processed by the Alpari system within one business day.
It's even better to understand how the Alpari broker works, the video below will help:
Additional Alpari Functions
Alpari's functionality for investing in PAMM accounts is no less popular than trading. At the same time, you do not need to understand trading on your own, since the user's funds are managed by experienced traders.
The profitability obtained from such investments can vary from a few units to hundreds and even thousands of percent. However, getting a loss is also possible.
To invest funds, you need to click the "Invest" button opposite any position in the rating. All active investments of the Alpari client in PAMM-accounts are managed through the section of the cabinet "My investments".
You should also pay attention to the additional functions of Alpari, which are indirectly related to making a profit. We are talking about sections of the site dedicated to training and analytics.
For novice traders and those who wish to improve their existing Forex trading skills, Alpari offers a fairly wide range of educational materials — online courses, video tutorials and articles. All registered Alpari users can access them.
As for analytics, Alpari offers detailed market overviews with forecasts, a calendar of current economic events and information on currency exchange rates. In addition, fundamental and technical analysis tools are available that help to automatically predict the further movement of the rate of assets available for trading through Alpari terminals.
Reviews About Alpari
Due to its popularity and long term of work, Alpari is also the leader in terms of the number of customer reviews. There are many negative ones among them, but positive ones still prevail.
Usually Alpari is praised for quick registration and verification of users, responsive technical support, a wide range of methods for depositing and withdrawing funds, having analytical and training sections, and the smooth operation of trading terminals.
Good trading conditions, no problems with withdrawal and a large selection of PAMM accounts are also often mentioned. Some consider the interface of the personal account on the Alpari website "a little confusing", while others note its originality and convenience. Sometimes there are reviews with a negative connotation, in which it is more likely about the client's inattention, but in fact they still hint at an insufficiently thought-out system of informing clients about Alpari's rules.
!For example, many clients find out about the need to upload additional documents to withdraw funds to the card only when their requests "hang" for a long time.
There are a lot of comments in the network in the style of "Alpari — scammers", but judging by their uniformity (draining of personal data of clients and problems with withdrawal), we can conclude that they were paid for by competitors.
Also, there are often reviews in which Alpari is criticized for the difference in the results of trading on a demo account and a real one. Allegedly, in the first variant, most of the trades are profitable, and in the second, they are unprofitable, including due to different quotes. However, in such cases, we are usually talking about an insufficient level of trader's skills, as well as about the peculiarities of forming quotes for demo accounts.
In general, the level of Alpari's reputation speaks for itself — if the above problems really existed, this broker would not be so popular among traders.