Alpari Broker Review: The Pioneer of PAMM Investing
🦄 Alpari is a legendary broker with over 25 years of history (since 1998) and 2 Million+ clients. It is the pioneer of the PAMM Investment System and offers one of the highest leverages in the industry (1:3000). With a $5 minimum deposit and "Alpari Cashback" loyalty program, it is perfect for both beginners and investors.
Min Deposit
$5
Withdrawal Fee
0
Deposit Fee
0
Countries
Broker Overview
🏆 Why Alpari is an Industry Legend?
Founded in 1998, Alpari is one of the oldest brands in Forex. It survived every major market crisis and continues to innovate. It is best known for bridging the gap between traders and investors.
💰 The Home of PAMM Accounts
Alpari literally invented the PAMM Account (Percent Allocation Management Module). This allows investors to deposit funds and automatically copy the trades of professional managers, while managers earn success fees.
🎁 Alpari Cashback
Unlike standard rebate programs, Alpari Cashback allows you to earn points for trading, investing, or depositing. These points can be exchanged for Real Cash or used to reduce spread/swap costs.
🛡️ Reliability
✅ 25+ Years Experience - A track record few brokers can match.
✅ 2 Million+ Clients - Trusted globally.
✅ Regulated - By the FSC (Mauritius) via its parent company, Exinity.
Pros & Cons
Pros
- 25+ Years History (Since 1998)
- Leverage up to 1:3000
- Alpari Cashback (Loyalty Program)
- Minimum Deposit $5
- Nano (Cent) Accounts Available
- Free Educational Webinars
- CopyTrading (Alpari CopyTrade)
- Contest with Cash Prizes
- Local Deposit options (Nigeria, Asia, LatAm)
- Segregated Accounts
Cons
- Offshore Regulation
- High Spreads on Nano Account
- Inactivity Fee after 6 months
- Old-school website interface
- Withdrawals can take 24h
General Information
Max Leverage
Spreads From
Execution Models
Deposit Currencies
Support Languages
Auto Trading
Contact Information
Account Types Overview
Accounts for Every Need
Alpari offers a flexible range of accounts:
🟢 Nano Account (Cents)
Best for: Absolute Beginners.
Min Deposit: $0 ($5 recommended).
Currency: Cents (USC). Trade with pennies.
🔵 Standard Account
Best for: Regular Trading.
Min Deposit: $20.
Leverage: Up to 1:1000.
🔴 ECN Accounts (Pro)
Best for: Professionals & Scalpers.
Types: ECN (Commission) or Pro.ECN (Tight Spreads).
Leverage: Up to 1:3000.
Account Types
Micro - Alpari
High leverage traders
Features
Deposit Currencies
Trading Instruments
Forex
Number of currency pairs: 14
CFDs
Amount of assets: 22+
Metals
Energy Source
Characteristics
Stop Out
20%
Margin Call
50%
Min Position
0.01 units
Max Position
100 units
Execution
market
Spread Type
Floating
Decimals
5
Locked Margin
Not specified
Pro ECN - Alpari
High leverage traders
Features
Deposit Currencies
Trading Instruments
Forex
Number of currency pairs: 16
CFDs
Amount of assets: 23
Metals
Energy Source
Cryptocurrencies
Shares
Stock exchange
Characteristics
Stop Out
50%
Margin Call
80%
Min Position
0.01 units
Max Position
100 units
Execution
market
Spread Type
Floating
Decimals
5
Locked Margin
Not specified
Commission
Varies
ECN - Alpari
High leverage traders
Features
Deposit Currencies
Trading Instruments
Forex
Number of currency pairs: 16
CFDs
Amount of assets: 23
Metals
Energy Source
Cryptocurrencies
Characteristics
Stop Out
50%
Margin Call
80%
Min Position
0.01 units
Max Position
100 units
Execution
market
Spread Type
Floating
Decimals
5
Locked Margin
Not specified
Standard - Alpari
High leverage traders
Features
Deposit Currencies
Trading Instruments
Forex
Number of currency pairs: 14
CFDs
Amount of assets: 22+
Metals
Energy Source
Cryptocurrencies
Stock exchange
Characteristics
Stop Out
20%
Margin Call
50%
Min Position
0.01 units
Max Position
100 units
Execution
market
Spread Type
Floating
Decimals
5
Locked Margin
Not specifeid
Payment Methods
Deposit Methods
Withdrawal Methods
Regulation Information
Alpari Global Regulation
Alpari International is the business name of Exinity Limited:
FSC (Mauritius): Exinity Limited is regulated by the Financial Services Commission of Mauritius (License No. C113012295).
M.I.S.A (Comoros): Alpari Comoros is licensed by the Mwali International Services Authority (License T2023236).
Commission & Fees
Fees & Costs
Alpari allows you to lower costs via its Cashback program:
Nano/Standard: $0 Commission. Spreads start from 1.2 pips.
Ecn.mt4: Commission ~ $1.5 per lot per side. Spreads from 0.4 pips.
Pro.Ecn.mt4: Commission $1.6 per lot per side. Spreads from 0.0 pips.
Cashback: Use points to get spread rebates up to 20%.
Trading Platforms
Frequently Asked Questions
What is a PAMM Account?
PAMM (Percent Allocation Management Module) is a service invented by Alpari that allows investors to invest funds in the accounts of experienced traders (managers) to share profits.
What is Alpari Cashback?
It is a loyalty program where you earn points for trading and depositing. Points can be exchanged for cash, or used to refund spreads and commissions.
What is the maximum leverage?
Alpari offers some of the highest leverage in the market, reaching up to 1:3000 on specific ECN and Standard accounts, depending on equity.
Is the Nano account good for beginners?
Yes, the Nano account is a "Cent" account. If you deposit $10, you see 1,000 cents in the balance, allowing you to trade with real money but very low risk.
Start Trading
Important Notice
Trading involves significant risk. Alpari does not accept clients from the USA, Japan, Canada, or Russia.
Quick Facts
- Trading Platforms
- MetaTrader 4MetaTrader 5Alpari Mobile App+1
- Execution Model
- Market Execution (ECN)Instant Execution (Nano/Standard)
- Deposit Currency
- USDEURGBPNGN+1
- Support Languages
- EnglishSpanishPortuguese+7
