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Alpari

Fomboni, Comoros · FSC (Mauritius), MISA (Comoros)

Created Jul 1, 2026 · Updated Jul 16, 2026

★★★★☆4.0· 1 review

Payout

Up to 90%

Platforms

5

Min Deposit

$1

About Alpari

Alpari launched in 1998, headquartered in Fomboni, Comoros. Regulated by FSC (Mauritius) and MISA (Comoros). Primarily a forex broker, but offers binary options through Alpari Binary. Platforms: MT4, MT5, proprietary web, iOS, Android. Minimum deposit $5, trades from $1. Payouts up to 90% on binary options. Forex spreads from 0.4 pips on ECN accounts. Leverage up to 1:3000 on forex (binary is fixed payout, not leveraged). 24-hour withdrawal processing for most methods. Strong presence in CIS, India, SEA, Latin America. No social/copy trading.

Pros

+Established 1998 — 25+ year track record
+FSC Mauritius and MISA Comoros regulated
+MT4 and MT5 support
+Spreads from 0.4 pips on ECN accounts
+Forex and binary on same account, $5 minimum deposit

Cons

-Binary options are secondary — not a dedicated binary broker
-Offshore regulation only — no FCA, ASIC, or CySEC
-Lower binary payouts (max 90%) than competitors
-No social/copy trading features

Community Reviews

1 total
RRavi M.★★★★☆

Old school but reliable execution

Alpari has been around forever — I remember my uncle trading on their MT4 platform back in 2010. The good: tight spreads on major pairs (EUR/USD around 0.3 pips on ECN), reliable execution, and MT4/MT5 support which is important if you use EAs. Islamic swap-free accounts available which is a plus. The not-so-good: their offshore regulation (IFSC Belize) means less protection than FCA or ASIC brokers. Also the website looks like its from 2015. But the actual trading experience is solid — I have been using them for forex scalping on a 5000 account and execution is consistent. Withdrew 1000 via bank wire, arrived in 3 days.

7/19/2026

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